10 Canadian Penny Stocks with Strong 3Q’14 Earnings: Investment Idea of the Day

Published:

Today, we have shortlisted 10 Canadian penny stocks (under $5) across sectors which are scheduled to report strong third quarter 2014 earnings. Based on the consensus estimates of analysts polled by Bloomberg, these companies are estimated to report strong growth in sales (>20%) and EPS (>100%) during the quarter.

Company Name

Ticker

Exchange

Sector

Market Cap
(C$ MM)

Last Price

Average Volume
(1-Month)

Price Change
(1-Month)

Sales Growth Q3’14(E)

Adjusted EPS Growth Q3’14(E)

Reporting Date

Capstone Mining Corp

CS

TSX

Basic Materials

809.7

2.12

1,027,666

-20.0%

130.0%

390.0%

10/29/2014

Thompson Creek Metals Co

TCM

TSX

Basic Materials

491.9

2.30

370,100

-22.8%

131.6%

254.0%

11/12/2014

Lucara Diamond Corp

LUC

TSX

Basic Materials

776.9

2.05

457,697

-14.9%

127.7%

175.0%

11/7/2014

Essential Energy Services Ltd

ESN

TSX

Energy

290.7

2.31

124,938

-9.8%

18.9%

173.3%

11/6/2014

BNK Petroleum Inc

BKX

TSX

Energy

120.0

0.74

562,658

-34.5%

336.1%

150.0%

11/5/2014

Pulse Seismic Inc

PSD

TSX

Energy

183.4

3.08

137,886

3.7%

145.4%

145.0%

11/7/2014

Xtreme Drilling and Coil Services

XDC

TSX

Energy

300.1

3.66

101,798

-19.6%

22.5%

125.0%

11/5/2014

Long Run Exploration Ltd

LRE

TSX

Energy

781.7

4.04

1,391,350

-20.2%

65.0%

117.5%

11/7/2014

CWC Energy Services Corp

CWC

TSXV

Energy

224.5

0.83

124,469

-14.4%

56.0%

100.0%

11/13/2014

Symbility Solutions Inc

SY

TSXV

Technology

65.0

0.31

205,581

10.7%

29.8%

100.0%

11/13/2014

Source: Bloomberg

Company Description:

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.

Thompson Creek Metals Co Inc (TSX: TCM)
Thompson Creek Metals Company, Inc. mines and processes molybdenum. The company operates mines, mills, and metallurgical roasting facilities in Canada and the United States.

Lucara Diamond Corp (TSX: LUC)
Lucara Diamond Corporation is a diamond mining company. The company owns interests in diamond projects in Lesotho, Africa.

Essential Energy Services Ltd (TSX: ESN)
Essential Energy Services Limited provides essential oilfield services to oil and gas wells in Canada. The Company’s service rigs are used to repair, recomplete and stimulate existing oil and natural gas wells and perform completion work on new wells.

BNK Petroleum Inc (TSX: BKX)
BNK Petroleum Inc. is an international energy company focused on the acquisition, exploration, and production of large hydrocarbon reserves, predominately unconventional.

Pulse Seismic Inc (TSX: PSD)
Pulse Seismic Inc. is a pure-play seismic data licensing business. The company provides the acquisition, marketing, and licensing of two-dimensional and three-dimensional seismic data for the energy sector. Pulse covers areas of Canada and Montana.

Xtreme Drilling and Coil Services Corp (TSX: XDC)
Xtreme Drilling and Coil Services Corp. operate as a private drilling contractor that uses coiled tubing drilling rigs. The company has hired third parties under contract to build these units which are used by oil and natural gas exploration and development companies in both Canada and the United States.

Long Run Exploration Ltd (TSX: LRE)
Long Run Exploration Ltd. is an intermediate oil and natural gas company focused on the Western Canadian Basin.

CWC Energy Services Corp (TSXV: CWC)
CWC Energy Services Corp. is contract drilling and well servicing company. The company offers a suite of oilfield services including drilling rigs, service rigs, coil tubing, well testing and snubbing. CWC operates in the Western Canadian Sedimentary Basin.

Symbility Solutions Inc (TSXV: SY)
Symbility Solutions, Inc. is a software company dedicated to developing applications for the insurance industry in North America and Europe. The Company’s subsidiairies, provides software solution for the adjudication of health and dental claims and automates property insurance claims through its complementary components.

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