The Canadian base metals stocks on our list have gained more than 15% month to date with strong volume momentum
SmallCapPower | September 14, 2017: Today we have identified four Canadian base metals stocks that have delivered strong price appreciation of more than 15% month to date accompanied by strong volume momentum. The market caps of the selected stocks range between $15 million and $570 million. Prices of base metals, including steel, copper, zinc and cobalt, are trading at multi-year highs on positive China data and a depreciating U.S. dollar. This has resulted in strong price appreciation in many base metals stocks over the past several months.
Noble Mineral Exploration Inc. (TSXV: NOB)
Noble Mineral Exploration Inc. explores for metals. The Company explores for uranium in Saskatchewan and Quebec, gold in Ontario, and nickel and copper in Ontario.
- Market Cap: $14.5 million
- 30 Day Average Volume: 511,512
- 3 Month Average Volume: 259,733
- Price Chg Pct MTD: +34.78%
Largo Resources Ltd. (TSX: LGO)
Largo Resources Ltd. is a natural resource development and exploration company. The Company owns interest in mineral properties, such as a vanadium-platinum group metal (PGM) deposit in Brazil and a tungsten-molybdenum deposit in the Yukon.
- Market Cap: $567.63 million
- 30 Day Average Volume: 334,264
- 3 Month Average Volume: 188,636
- Price Chg Pct MTD: +44.58%
Callinex Mines Inc. (TSXV: CNX)
Callinex Mines Inc. is a mineral exploration company. The Company is focused on a copper and zinc mine located near Flin Flon, Manitoba, Canada.
- Market Cap: $31.15 million
- 30 Day Average Volume: 320,443
- 3 Month Average Volume: 189,997
- Price Chg Pct MTD: +15.94%
LeadFX Inc. (TSX: LFX)
LeadFX Inc. is a mining company. The Company focuses on the development of lead-silver projects. LeadFX operates projects in Western Australia and the United States.
- Market Cap: $27.54 million
- 30 Day Average Volume: 5,555
- 3 Month Average Volume: 3,621
- Price Chg Pct MTD: +20.0%
Disclosure: Neither the author nor any of the principals at SmallCapPower, or their family members, own shares in any of the companies mentioned above.
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