Stocks hitting 52-week highs can create excitement amongst momentum investors while others may see it as a warning sign. Today SmallCapPower has shortlisted four Canadian small or micro-cap stocks that have recently breached 52-week highs, some of which have also been stellar one-year performers.
Naturally Splendid Enterprises Ltd. (TSXV: NSP) – $0.98
Food Processing
Naturally Splendid Enterprises Ltd., formerly Race Capital Corp., is a Canada-based company engaged in the business of distributing hemp-based health products across Canada. The Company distributes hemp-based food products under the NATERA brand. Its products include Naturally Splendid Premium Shelled Hemp Seeds, which are a versatile superfood that can be consumed on its own as a snack or meal replacement, or can be added to recipes to enhance taste and improve dietary profiles. It is also interested in hemp based cannabinoid technologies, including water soluble technologies.
- Market Cap: $49,237,119
- Revenue (Last 12 Months): $ 261,770
- Price Change (1 Year): 292%
Patient Home Monitoring Corp. (TSXV: PHM) – $1.73
Healthcare Facilities & Services
Patient Home Monitoring Corp. is a healthcare company. The Company is engaged in providing in-home monitoring equipment, supplies and services to patients in the United States. The Company’s 100% equity subsidiaries include PHM DME Healthcare, Inc, Stancap Holdings I Limited, Patient Home Monitoring, Inc., PHM Health Management, Inc., Healthcare Logistics Corporation, Hollywood Healthcare Corporation, Resource Medical Group, LLC, Palmetto Medical Holdings, LLC, RMGC, LLC, and Care Medical Partners, LLC.
- Market Cap: $401,005,589
- Revenue (Last 12 Months): $28,996,050
- Price Change (1 Year): 606%
Hartco Inc. (TSX: HCI) – $3.35
IT Services & Consulting
Hartco Inc. is a Canada-based company engaged in the Information Technology (IT) business and is the parent company of Metafore Technologies Inc. (Metafore). Metafore designs, supplies, install and supports IT infrastructure solutions for private and public sector organizations across Canada. Metafore’s services include cloud computing, infrastructure solutions, managed services, end-user computing and value added services.
- Market Cap: $44,294,048
- Revenue (Last 12 Months): $ 249,572,000
- Price Change (1 Year): 14%
Merus Labs International Inc. (TSX: MSL) – $3.28
Pharmaceuticals
Merus Labs International Inc. (Merus) is a specialty pharmaceutical company. The Company is engaged in the acquisition and licensing of branded prescription pharmaceutical products in Canada and internationally. It carries out business principally in Canada and Europe. The Company has products in the area of urology/women’s health and anti-infectives. Its products include Factive, Emselex/Enable and Vancocin. Factive (Gemifloxacin Mesylate tablets) is the only Food and Drug Administration approved quinolone with five day oral dosing indicated for the treatment of both acute bacterial exacerbation of chronic bronchitis and mild to moderate community-acquired pneumonia.
- Market Cap: $ 266,376,642
- Revenue (Last 12 Months): $30,522,370.00
- Price Change (1 Year): 98%
