Ubika Research has highlighted 9 basic resources stocks that have recorded significant share price gains with over 100% increase in their traded volumes during the past five days compared with past one month daily average trading volumes, indicating a strong market interest. We note that these stocks are hovering around their 52-week high. Moreover, these stocks outperformed their respective equity indices and sector indices during the week recording price gains ranging from 6% to 35% with daily average traded volume in excess of 100,000.
Index Performance during the Past Week (April 14th 2014 – April 17th 2014)
| Index |
Last Index Value |
Value Change (5-Day) |
Average Volume |
Average Volume |
Volume Comparison* |
|
S&P 500 Index |
1,864.9 |
2.7% |
596,794,368 |
564,101,463 |
5.8% |
|
NASDAQ Composite Index |
4,095.5 |
2.4% |
535,701,389 |
555,535,447 |
-3.6% |
|
Russell 2000 Index |
1,137.9 |
2.4% |
282,458,438 |
299,790,792 |
-5.8% |
|
S&P/TSX Composite Index |
14,500.4 |
1.7% |
172,660,963 |
174,794,347 |
-1.2% |
|
S&P/TSX Venture Composite Index |
998.8 |
0.1% |
66,016,732 |
69,580,985 |
-5.1% |
|
S&P 500 Metals & Mining Industry Index (U.S.) |
134.7 |
2.3% |
13,667,711 |
12,342,190 |
10.7% |
|
S&P 500 Energy Sector Index (U.S.) |
679.1 |
4.7% |
43,613,338 |
41,197,034 |
5.9% |
|
S&P/TSX Composite Index Energy Sector Index (Canada) |
3,327.3 |
2.7% |
52,685,638 |
51,841,494 |
1.6% |
|
S&P/TSX Composite Metals & Mining Industry Index (Canada) |
2,167.2 |
-1.3% |
59,752,700 |
57,176,638 |
4.5% |
Stocks Performance
| Company Name |
Ticker |
Exchange |
Sector |
Market Cap |
Last Price |
Price Change (1-Week) |
Average Volume |
Average Volume |
Volume Comparison* |
52-Week High |
52-Week Low |
|
CDN Oilfield Solutions Corp |
OTS |
TSXV |
Energy |
33.7 |
0.37 |
34.5% |
500,634 |
147,194 |
240.1% |
0.39 |
0.13 |
|
Athlon Energy Inc |
ATHL |
NYSE |
Energy |
3,911.4 |
42.00 |
10.7% |
2,420,488 |
821,100 |
194.8% |
42.74 |
20.00 |
|
Royal Nickel Corp |
RNX |
TSX |
Basic Materials |
66.9 |
0.71 |
26.8% |
986,894 |
369,686 |
167.0% |
0.75 |
0.25 |
|
Titanium Corp Inc |
TIC |
TSXV |
Basic Materials |
110.8 |
1.72 |
30.3% |
470,175 |
177,181 |
165.4% |
1.74 |
0.38 |
|
NioCorp Developments Ltd |
NB |
TSXV |
Basic Materials |
44.1 |
0.37 |
21.3% |
531,455 |
211,066 |
151.8% |
0.39 |
0.10 |
|
Western Energy Services Corp |
WRG |
TSX |
Energy |
790.7 |
10.76 |
6.1% |
1,068,191 |
474,070 |
125.3% |
10.93 |
6.67 |
|
Spartan Energy Corp |
SPE |
TSXV |
Energy |
974.2 |
4.40 |
14.3% |
6,240,471 |
3,047,627 |
104.8% |
4.44 |
0.53 |
|
Chinook Energy Inc |
CKE |
TSX |
Energy |
381.3 |
1.78 |
24.5% |
708,123 |
352,242 |
101.0% |
1.85 |
0.80 |
|
Osisko Mining Corp |
OSK |
TSX |
Basic Materials |
3,516.8 |
8.00 |
5.7% |
28,729,800 |
14,330,610 |
100.5% |
8.07 |
2.98 |
Source: Bloomberg
*Volume Comparison: 5-Day average volume over 30-Day average volume
Market cap & Last Price are in their respective currencies
Company Description
CDN Oilfield Solutions Corp (TSXV: OTS)
CDN Oilfield Solutions Corp. provides solutions to the oil and gas industry. The company supplies and services a wide variety of ESP solutions (electric submersible pumps), and provides third party next generation products in Mexico.
Athlon Energy Inc (NYSE: ATHL)
Athlon Energy Inc. operates an oil and natural gas exploration and production company. The company focuses on the acquisition, development and exploitation of unconventional oil and liquids-rich natural gas reserves.
Royal Nickel Corp (TSX: RNX)
Royal Nickel Corporation explores for nickel. The company operates in the Dumont nickel deposit in the Val D’Or/Amos mining region of Quebec.
Titanium Corp Inc (TSXV: TIC)
Titanium Corporation Inc. develops technologies to recover bitumen, solvent, valuable heavy minerals and water from oil sands waste tailings.
NioCorp Developments Ltd (TSXV: NB)
NioCorp Developments Ltd. is developing the Elk Creek Carbonatite, a primary niobium deposit in the United States.
Western Energy Services Corp (TSX: WRG)
Western Energy Services Corp. is an oil field services company. The company’s services include coiled tubing services, well testing, and down hole tool rentals.
Spartan Energy Corp (TSXV: SPE)
Spartan Energy Corp. is an oil and gas exploration and development company. The company focuses on operations in southeast Saskatchewan and central Alberta.
Chinook Energy Inc (TSX: CKE)
Chinook Energy Inc is an oil and gas exploration and production firm. The company develops niche oil and gas exploitation opportunities in international hydrocarbon provinces. Chinook Energy explores worldwide.
Osisko Mining Corp (TSX: OSK)
Osisko Mining Corporation is a gold exploration company. The company holds interests in the Canadian Malartic gold deposit in Quebec, Canada.
