10 Canadian Basic Resources Stocks With High Margins: Investment Idea of the Day

Published:

Today we have shortlisted 10 Canadian basic resources stocks which have recorded high margins (Gross, Operating, Net, and Free Cash Flow Margins) during their latest reported quarter. Also, these stocks have recorded positive 1-month price change with average traded volume of above 100,000.

Company Name

Exchange

Ticker

Market Cap
(C$ MM)

Last Price

Average Volume  (1-Month)

Price Change
 (1-Month)

Gross Margin*

Operating Margin*

Net Profit Margin*

Free Cash Flow Margin*

Richmont Mines Inc

TSX

RIC

138.2

2.90

269,415

55.08%

22.3%

16.3%

12.0%

21.9%

Pason Systems Inc

TSX

PSI

2,828.8

34.21

180,100

24.31%

50.8%

22.1%

17.0%

37.3%

Rio Alto Mining Ltd

TSX

RIO

1,001.5

3.03

1,746,051

21.69%

43.5%

36.4%

22.5%

15.3%

Raging River Exploration Inc

TSX

RRX

1,906.7

10.59

1,119,978

16.50%

70.7%

53.5%

38.7%

49.3%

Birchcliff Energy Ltd

TSX

BIR

1,790.9

12.20

1,159,495

12.34%

49.1%

42.1%

26.1%

77.1%

TORC Oil & Gas Ltd

TSX

TOG

1,319.9

14.14

1,028,943

12.13%

37.4%

30.2%

19.1%

39.4%

Pine Cliff Energy Ltd

TSXV

PNE

401.1

1.97

4,171,710

10.06%

31.2%

21.3%

15.2%

34.2%

Bonterra Energy Corp

TSX

BNE

2,029.5

63.25

124,271

6.61%

48.1%

43.6%

31.5%

21.1%

RMP Energy Inc

TSX

RMP

997.5

8.17

1,235,189

6.38%

45.2%

40.8%

30.8%

52.4%

TransGlobe Energy Corp

TSX

TGL

532.8

7.11

383,244

6.12%

63.4%

55.1%

30.7%

22.6%

Source: Bloomberg
*Margins are for latest reported quarter

Company Description:

Richmont Mines Inc (TSX: RIC)
Richmont Mines, Inc. is a Canadian gold mining company. The company owns and operates mine properties located in Ontario and Quebec Canada.

Pason Systems Inc (TSX: PSI)
Pason Systems Inc. provides rental oilfield instrumentation systems that are designed and manufactured for use on land-based drilling and service rigs. The company offers both wellsite rental services and Internet data management services.

Rio Alto Mining Ltd (TSX: RIO)
Rio Alto Mining Limited (RIO.TO) is a mineral exploration company. The company currently is focusing on the development  of La Arena gold / copper project, located in north central Peru.

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.

Birchcliff Energy Ltd (TSX: BIR)
Birchcliff Energy Ltd. (RRX.TO) evaluates acquisition opportunities for light oil and natural gas with a view to purchasing assets.  The company is seeking to explore and develop oil and gas in Western Canada.

TORC Oil & Gas Ltd (TSX: TOG)
TORC Oil & Gas Ltd (T.TOG) is engaged in the acquisition, development, and production of oil and natural gas in the Western Canadian Sedimentary Basin. The company is focused on Cardium development in West Central Alberta and Banff and Big Valley prospects in Southern Alberta.

Pine Cliff Energy Ltd (TSXV: PNE)
Pine Cliff Energy Ltd. (PNE.V) is an oil and gas exploration, development, and production company focused on developing or acquiring interests in prospects located in Western Canada.

Bonterra Energy Corp (TSX: BNE)
Bonterra Energy Corp. is an oil and gas exploration company operating in the Western Canadian Sedimentary Basin. The company’s core areas of operations are in Alberta, Saskatchewan and British Columbia.

RMP Energy Inc (TSX: RMP)
RMP Energy Inc. (T.RMP) is an oil and gas exploration and production company. The company explores for and produces oil and natural gas in West Central Alberta and southeastern Saskatchewan.

TransGlobe Energy Corp (TSX: TGL)
TransGlobe Energy Corporation (T.TGL) is an oil and gas exploration, development, and production company.  The company owns interests in production sharing agreements in Yemen, producing properties in Alberta, Canada, and interests in exploration properties in Yemen, Canada, and Egypt.


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