The Canadian stocks we’ve discovered receive little fanfare yet have been stellar performers over the past year
SmallCapPower | October 25, 2019: Smaller market cap stocks are often overlooked by investors, seeing that most analysts don’t cover these companies, yet some have quietly produced substantial returns for shareholders. Today we have identified four Canadian stocks that receive little fanfare yet have been stellar performers over the past year.
*Share prices at October 23, 2019, data obtained from S&P Capital IQ
Cantex Mine Development Corp. (TSXV:CD) – $3.88
Mining
Cantex is an explorer advancing its silver-lead-zinc project located ~100 kilometers NE of Mayo, Yukon, Canada, where the Company discovered massive sulphide mineralization. CD has 1,075 claims covering over 20,000 Ha in the Yukon. On September 10, CD announced the discovery of a new gossan and North Rackla, highlighted by grab samples, which returned up to 12.35% Zn and 5.82%Mn. Cantex also has projects located in Nevada and Yemen.
- Market Cap: $186M
- 30 Day Return: -14%
- Year-over-Year: 413%
Amex Exploration Inc. (TSXV:AMX) – $1.04
Mining
Amex Exploration is a gold and base metals explorer focused on its 100%-owned Perron project, the Eastmain River gold properties, and the Cameron project, all located within Quebec, Canada. On October 15, AMEX announced a $8M private placement and a strategic investment by Eric Sprott.
- Market Cap: $60M
- 30 Day Return: -19%
- Year-over-Year: 1,400%
Sirona Biochem Corp. (TSXV:SBM) – $0.45
Biotech
Sirona Biochem is a cosmetic ingredient and drug discovery company with a proprietary platform technology, specializing in stabilizing carbohydrate molecules to improve efficacy and safety. The Company’s compounds are licensed globally for licensing fees, milestone fees and ongoing royalty payments. Sirona’s lab is located in France.
- Market Cap: $99M
- 30 Day Return: -19%
- Year-over-Year: 543%
HTC Purenergy Inc. (TSXV:HTC) – $0.41
Cannabis
HTC Extraction Systems develops and optimizes extraction and purification systems designed for the distillation and purification of ethanol and ethanol-based solvents, used for biomass, gas and liquid extraction. Recent advances include tolling contracts, project construction, sales, offtake agreements and technology development. The Company recently closed a $10M financing at $0.40 on October 23.
- Market Cap: $42M
- 30 Day Return: -25%
- Year-over-Year: 273%
Disclosure: Neither the author nor his family own shares in any of the companies mentioned above.
To read our full disclosure, please click on the button below:
