Today, we have shortlisted 10 Canadian basic materials & energy stocks trading below C$10 which are scheduled to report strong second quarter results for fiscal 2014. Based on the consensus estimates of analysts polled by Bloomberg, these companies are estimated to report strong growth in sales and EPS with strong operating margins during the quarter. Moreover, cash flow per share (CF/S) for these stocks is estimated to grow significantly during the second quarter of 2014. We note that during the past three months, a majority of these stocks have registered significant gains with daily average trading volume in excess of 100,000 shares.
|
Company Name |
Exchange |
Ticker |
Market Cap |
Last Price |
3-Months Average Volume |
3-Months Price Return |
Sales Growth* |
EPS Growth* |
Operating Margins* |
CF/Share Growth* |
Earnings Reporting Date |
|
Lundin Mining Corp |
TSX |
LUN |
3,655.3 |
6.24 |
4,417,297 |
19.1% |
3.8% |
120.0% |
27.4% |
176.7% |
07/30/2014 |
|
Nevsun Resources Ltd |
TSX |
NSU |
805.4 |
4.04 |
571,677 |
8.9% |
156.2% |
376.7% |
54.0% |
79.7% |
07/31/2014 |
|
Timmins Gold Corp |
TSX |
TMM |
305.5 |
1.87 |
1,252,616 |
30.8% |
22.0% |
310.0% |
NA |
118.8% |
08/07/2014 |
|
Capstone Mining Corp |
TSX |
CS |
1,156.1 |
3.03 |
2,745,418 |
6.7% |
207.2% |
185.0% |
31.8% |
133.6% |
08/07/2014 |
|
Bellatrix Exploration Ltd |
TSX |
BXE |
1,677.2 |
8.78 |
3,505,748 |
-13.2% |
116.9% |
59.2% |
NA |
68.0% |
08/08/2014 |
|
Lucara Diamond Corp |
TSX |
LUC |
1,028.6 |
2.72 |
690,889 |
42.4% |
84.3% |
71.7% |
65.7% |
76.8% |
08/08/2014 |
|
Raging River Exploration |
TSX |
RRX |
1,752.7 |
9.77 |
1,241,471 |
3.5% |
140.7% |
186.0% |
NA |
70.6% |
08/14/2014 |
|
Bankers Petroleum Ltd |
TSX |
BNK |
1,777.9 |
6.89 |
3,023,136 |
20.5% |
56.7% |
98.0% |
34.4% |
52.7% |
08/14/2014 |
|
Enterprise Group Inc |
TSX |
E |
130.9 |
0.90 |
956,191 |
-14.3% |
165.2% |
100.0% |
7.7% |
NA |
08/14/2014 |
Source: Bloomberg
* Q2’2014
Company Description:
Lundin Mining Corp (TSX: LUN)
Lundin Mining Corporation is a Canadian company which explores for and produces base metals in Europe. The company operates the Zinkgruvan zinc/lead mine in Sweden, the Storliden copper/zinc mine in Sweden and the Galmoy zinc/lead mine in Ireland, and holds exploration concessions in the Norrbotten and Skellefte mining districts in Sweden.
Nevsun Resources Ltd (TSX: NSU)
Nevsun Resources Ltd. is the operator of the Bisha Mine which began construction in 2008 and commercial production in 2011. The mine produced gold-silver dore until 2013 when the product switched to copper in concentrate and will expand to also produce Zinc concentrates.
Timmins Gold Corp (TSX: TMM)
Timmins Gold Corporation operates as a gold exploration and production company. The company owns and operates a Mexican based mine where they develop, explore and produce gold.
Capstone Mining Corp (TSX: CS)
Capstone Mining Corp. is involved in the exploration, development, and production of various minerals, including gold, silver, copper, zinc, iron and lead. The company operates projects in Canada, Mexico, and Chile.
Bellatrix Exploration Ltd (TSX: BXE)
Bellatrix Exploration Ltd. explores for oil and natural gas.
Lucara Diamond Corp (TSX: LUC)
Lucara Diamond Corporation is a diamond mining company. The company owns interests in diamond projects in Lesotho, Africa.
Raging River Exploration Inc (TSX: RRX)
Raging River Exploration Inc. is an oil and gas exploration company. The company is focused on unconventional viking light oil play of the Dodsland area in western Saskatchewan.
Bankers Petroleum Ltd (TSX: BNK)
Bankers Petroleum Ltd. is an oil and gas exploration and production company. The company has a working interest in the Patos-Marinza oil field in Albania.
Enterprise Group Inc (TSX: E)
Enterprise Group, Inc. is a pipeline construction and oilfield maintenance company. The company seeks business in Central and Northern Alberta’s oilfields.
