Resource stocks may be mired in the worse bear market of the past several years but that doesn’t mean you can’t make money in this space. The companies on our list today have seen both its share price and trading volume rise significantly during the past three months.
Gold Standard Ventures Corp. (TSXV: GSV) – $0.71
Gold
Gold Standard Ventures Corp. is a Canada-based gold exploration company. Its flagship property is the Railroad-Pinion Project, an early to intermediate stage gold exploration project situated at the southeast end of the Carlin Trend of northcentral Nevada. Railroad-Pinion Project straddles the Pinon Range in the Railroad Mining District of northeastern Nevada and consists of a contiguous land position totaling about 30,404 gross acres (12,304 gross hectares) and 28,721 net acres (11,623 net hectares) of land in Elko County, Nevada.
- Market Cap: $127,811,859
- Revenues (LTM): $0
- 5/30 Average Daily Volume % Change: 90%
- Price % Change (3 months): +54%
Noront Resources Ltd. (TSXV: NOT) – $0.46
Diversified Mining
Noront Resources Ltd. is a Canada-based company engaged in the development, exploration and acquisition of properties prospective in base and precious metals, including nickel, copper, platinum group elements (PGE’s), chromite, iron, titanium, vanadium, gold and silver. The Company is focused on the development of its 100% owned Eagle’s Nest deposit, a nickel, copper, platinum and palladium deposit located in the James Bay Lowlands of Ontario (the Eagle’s Nest Project). The Company also has a development stage chromite project known as Blackbird; two nickel-copper-platinum group metal discoveries known as Eagle Two and AT-12, and an iron-vanadium-titanium discovery known as Thunderbird.
- Market Cap: $112,732,432
- Revenues (LTM): $0
- 5/30 Average Daily Volume % Change: 40%
- Price % Change (3 months): +40%
St Andrew Goldfields Ltd. (TSX: SAS) – $0.38
Gold
St Andrew Goldfields Ltd. is a Canada-based gold mining and exploration company with a land package in the Timmins mining district, northeastern Ontario, Canada, which lies within the Abitibi greenstone belt. The Company operates the Holt, Holloway and Hislop Mines, which produced 90,676 ounces of gold in 2014.
- Market Cap: $132,897,848
- Revenues (LTM): $134,538,000
- 5/30 Average Daily Volume % Change: 45%
- Price % Change (3 months): +24%
Related: Hottest Stocks in Canada? Here’s 5 Big Small Cap Momentum Movers >>
China Gold International Resources Corp. Ltd. (TSX: CGG) – $1.97
Diversified Mining
China Gold International Resources Corp. Ltd. is a gold and base-metals mining company. Its main business involves the acquisition, development and exploration of gold and base metal mineral properties. Its principal mining operations are the Chang Shan Hao Gold Mine (CSH Gold Mine) located in Inner Mongolia, China and the Jiama Copper-Gold Polymetallic Mine (Jiama Mine) located in Tibet, China. It holds a 96.5% interest in the CSH Gold Mine and owns a 100% interest in the Jiama Mine.
- Market Cap: $834,473,321
- Revenues (LTM): $422,632,900
- 5/30 Average Daily Volume % Change: 8%
- Price % Change (3 months): +9%
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The Ubika Technology 20 index (UT20) eased 2.7% during the past month, powering past the TSX Venture Index’s 7.9% slide yet falling short of the TSX Info. Tech Index’s gain of 2.2%. Mitel Networks Corporation (TSX: MNW) was the top-performing component company this month, jumping more than 19% after reporting better-than-expected Q3 financial results. Get your copy of the Ubika Technology 20 report here >>
Tree Island Steel Ltd. (TSX: TSL) – $3.68
Iron & Steel
Tree Island Steel Ltd., a Canada-based company, is a manufacturer and supplier of wire products for a range of applications. The Company is engaged in making products from steel wire for a range of customers for industrial, construction, agricultural, and specialty applications. Its products include galvanized wire, bright wire, an array of fasteners, including packaged, collated and bulk nails, stucco reinforcing products, concrete reinforcing mesh, fencing, and other fabricated wire products.
- Market Cap: $120,413,879
- Revenues (LTM): $219,257,000
- 5/30 Average Daily Volume % Change: 54%
- Price % Change (3 months): +9%
Lundin Gold Inc. (TSX: LUG) – $3.82
Gold
Lundin Gold Inc. (Lundin Gold), formerly Fortress Minerals Corp., is a Canada-based mining company that owns the Fruta del Norte Project located in southeast Ecuador, an undeveloped gold project. The Fruta del Norte Project consists of 36 mining concessions, which cover an area of approximately 86,000 hectares located in southeastern Ecuador, in the Province of Zamora and in Morona Santiago province.
- Market Cap: $390,790,727
- Revenues (LTM): $0
- 5/30 Average Daily Volume % Change: 41%
- Price % Change (3 months): +7%
