A relatively well known quantitative indicator used by investors is a simple moving average (SMA) – the average price of a stock over a specified period of days. Most common SMA’s used are the 50 day and the 200 day, as it shows the stock’s price performance in the short and long-term horizons, respectively. If the 50 day SMA moves above the 200 day SMA, then this is seen as a bullish technical indicator of an additional appreciation in the stock’s price over the short term, which is currently being experienced by the companies on our list.
DealNet Capital Corp. (CSE: DLS) – $0.375
Investment Banking & Brokerage Services
DealNet Capital Corp. is a funding company that has an investment mandate to acquire and develop investee companies focused on generating recurring revenue through customer engagement models. The Company has focused its investments towards two industry verticals: the North American business process outsourcing market through its wholly-owned subsidiaries, OC Communications Group Inc. and Impact Mobile Inc., and the consumer financing market through its wholly-owned subsidiary, One Dealer Inc. The Company serves the home and retail sectors in the United States and Canadian markets, providing financing plus technology and communication solutions. It invests in sectors that it can provide a differentiated market offering.
- Market Cap: $31,898,797
- Revenues (LTM): $9,847,000
- 50 day SMA: $0.19
- 200 day SMA: $0.19
Arianne Phosphate Inc. (TSXV: DAN) – $0.95
Diversified Mining
Arianne Phosphate Inc. is a Canada-based mineral exploration company engaged in the acquisition and exploration of mining properties in Quebec, Canada. The Company is focused on the development of a phosphate mine on its mining properties. The Lac a Paul project is located approximately 240 kilometers north of the Saguenay–Lac-St-Jean region in Quebec, Canada. The Company’s claims also include Zone 2 and the Manouane zone.
- Market Cap: $90,559,467
- Revenues (LTM): $0
- 50 day SMA: $0.79
- 200 day SMA: $0.80
Nuvo Research Inc. (TSX: NRI) – $5.89
Pharmaceuticals
Nuvo Research Inc. (Nuvo) is a Canada-based pharmaceutical company, which operates two business units: the Topical Products and Technology (TPT) Group and the Immunology Group. The TPT Group has four commercial products, a pipeline of topical and transdermal drug delivery (TTDD) products, focusing on various therapeutic areas, including pain and dermatology and multiple drug delivery platforms that support the development of formulations that can deliver actives into or through the skin. The Immunology Group has two commercial products and an immune system modulation platform that supports the development of drug products that modulate chronic inflammation processes of various diseases. TPT Group’s products include Pennsaid, Pennsaid 2%, Synera, Pliaglis, Rapydan and Heated Lidocaine/Tetracaine Patch.
- Market Cap: $66,418,764
- Revenues (LTM): $14,847,000
- 50 day SMA: $5.14
- 200 day SMA: $5.35
Asanko Gold Inc. (TSX: AKG) – $2.24
Gold
Asanko Gold Inc. (Asanko) is a Canada-based exploration and development stage company. The Company’s primary asset is its Asanko Gold Mine Project located on the Asankrangwa gold belt in Ghana. In addition to its principal project, the Company holds a portfolio of other Ghanaian gold concessions in various stages of exploration. The Company is developing its Asanko Gold Mine Project in two Phases. The Phase I consists of Nkran pit, which accounts for 85% of the Phase I ore reserves, and four satellite deposits, Abore, Asuadai, Dynamite Hill and Adubiaso.
- Market Cap: $452,744,896
- Revenues (LTM): $0
- 50 day SMA: $1.96
- 200 day SMA: $1.99
Heroux-Devtek Inc. (TSX: HRX) – $11.15
Aerospace & Defense
Héroux-Devtek Inc. is a Canada-based aerospace equipment manufacturer company that specializes in the design, development, manufacture, repair and overhaul of landing gear systems and components used principally in the Aerospace market. The Company supplies to both the commercial and military sectors of the Aerospace market with new landing gear systems and components as well as aftermarket products and services including spare parts and repair and overhaul services. The Company’s sales are approximately 70% based outside Canada and mainly in the United States.
- Market Cap: $403,808,756
- Revenues (LTM): $0
- 50 day SMA: $10.29
- 200 day SMA: $10.59
