Markets started off the week on a low note, hampered by fears of rising Covid-19 cases and bank reports. Oil also fell around 1.3%.
This week, some gold companies are back trading at their 52-week highs. Kinross Gold (K-T) and Roxgold Inc (ROXG-T) are among the gold stocks seeing strength. WELL Health Technologies (WELL-T) and Northland Power Inc (NPI-T) are breaking out, hitting their 52-week high.
Travel stock Transat AT Inc. (TRZ-T) as well as Charlotte’s Web (CWEB-T) are back this week on the 52-week low list. Transat AT Inc. (TRZ-T) is expected to continue to struggle due to rising covid cases.
Here’s this week’s 52-week high and low stocks on Stockchase:
52-Week High TSX Stocks
Here’s this week’s 52-week high stocks on Stockchase…
Aimia (AIM-T) TSE
Aimia preferred shares: It's run into problems. It'll be difficult going forward. The value was in the Air Canada miles, not Aeroplan. If you own a preferred share that's not paying a yield, then it's distressed. Take a loss.
EGI Financial Holdings Inc. (EFH-T) TSE
Involved in nonstandard automobile/motorcycle insurance as well as home insurance. BV of around $14.37 but Tangible Book is $13.50. No debt. Overly capitalized by over $35 million. Stable management. Basically Canadian, but their big driver is Europe. 25%-30% growth. Will probably earn about $1.30 next year. Have an option of putting in a dividend, free…
Firstservice Corp (FSV-T) TSE
(A Top Pick Dec 19/19, Up 44%) Property management plus franchises like California Closets. Capital light. Grow organically and by acquisition. Fragmented industry, so a lot of opportunity for bolt-on acquisitions. Very strong management. Great Canadian business. Buy when volatility creates dips.
CloudMD (DOC-X) TSXV
They are doing a lot of interesting things. He decided to take a position in another in the space. The problem was the valuation. It is too expensive. It is a promising space in the long run. It is expensive right now but a well managed company. You need to buy it cheaply and smartly.
🛢 Basic Materials
Belo Sun Mining (BSX-T) TSE
They have a large Brazilian gold deposit. The problem here are indigenous people challenges there and a government contract that pays out a crazy amount to the managers. This payout is not aligned to the shareholders' interests. Then again, it's a cheap stock vs. gold in the ground.
Champion Iron Limited (CIA-T) TSE
They hold Quebec assets. They just reported a quarter that blew away expectations. The iron ore price has bounced back, and CIA produces high-grade iron ore, so they fetch a premium price. Also, transporatation costs have declined in the last month. If China comes back into the fray, CIA will enjoy huge growth. (Analysts’ price…
Capstone Mining Corp. (CS-T) TSE
It is on his watch list. It has been there for a number of years. It has not done very much but once in a while it perks his interest. He is going to do a review in the next couple of weeks and it may move it up then.
Endeavour Mining Capital (EDV-T) TSE
If he was going to buy a silver producer, this would be it. The best of the Canadian producers. His preference is Wheaton Precious Metals as a royalty play.
First Quantum Minerals (FM-T) TSE
Outlook for copper is wonderful, as it's the metal of electronics. Zambian government is demanding more in taxes. Bought Panama mine at a high price. Political considerations are holding it back.
Fortuna Silver Mines (FVI-T) TSE
He likes the silver stocks. This stock has recently made a nice little technical break-out. If you look at the two spikes in the past decade in silver, it would suggest that this one probably has 35-45% just to get back to its highs. He suspects silver will break out to new highs and this…
Lithium Americas Corp (LAC-T) TSE
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. A good play for those looking to have a position in lithium. Positive fundamentals with the EV trend. However, it will move with the sector. Good for more aggressive sector investors with a longer time frame. Unlock Premium - Try 5i Free
Nickel Creek Platinum Corp. (NCP-T) TSE
New Gold Inc. (NGD-T) TSE
Doesn't think there will be a take-over soon. The CEO used to be the CEO of Richmond Mines. They now have an operator. On their watch list and he has confidence in management.
Premier Gold Mines (PG-T) TSE
It's a sum-of-the-parts story with three moving parts. The knock on it was they always needed to finance, but they financed. He likes their assets, including a joint venture with Barrick, which is worth PG's market cap alone. Their Ontario and Mexico assets are extraneous and will likely be sold. (Analysts’ price target is $3.93)
Pretium Resources (PVG-T) TSE
(A Top Pick Dec 07/18, Up 36%) A volatile stock, but he likes the golds, holding 10-20% in a portfolio. Gold has a long runway.
Roxgold Inc (ROXG-T) TSE
Long owned this. They make a lot of money for a small-cap. They now have a second mine in the Ivory Coast while their Burkino Faso one will continue to do well. A cheap stock that gives you exposure to gold. (Analysts’ price target is $2.47)
Sabina Gold & Silver Corp. (SBB-T) TSE
He met with the CEO yesterday. Their Nunavut is a project is a high-grade open pit, which costs a lot, but the grades as three times the average and yields a high 6 gr/tonne. He's waiting for a new feasibility study and expansion of the resource after the last three years of drilling. (Analysts’ price…
Titan Mining Corp. (TI-T) TSE
They have had a fantastic track record on the exploration front. They bought a shut in zinc mine and then the price of zinc dropped. He would stay away from it until they delineate new zones they can extract ore from.
Defiance Silver Corporation (DEF-X) TSXV
A silver play in Mexico, one of the last great potential silver discoveries, i.e., an extension of the vein in terms of the length, width and depth. A great play and a good speculation.
Regulus Resources Inc. (REG-X) TSXV
(A Top Pick Mar 05/19, Down 29%) The decline is the issue with everyone moving away from base metals. There copper asset in Peru is the place to be. The issue is that the corruption at the government level is slowing the permit process for juniors. He continues to hold it.
Globex Mining Enterprises Inc (GMX-T) TSE
It is not a mining company, but a project generator. The CEO has done this for 25 years. He then sells off projects to companies that try to turn them into mines. He gets stock and a royalty in exchange. He has about a 160 properties. Some day the CEO will want to sell the…
Hudbay Minerals Inc. (HBM-T) TSE
Analysts see a target of $4.25. He is more cautious based on how vibrant the economy will be. Their business is focused on base metals like copper. Commodities will likely be in a sideways range for some time to come. Earnings are negative and expected to be down over 100% this year. This is not…
Maverix Metals (MMX-N) TSE
He's long owned this and knows the owner. The recent market sell off--and in this stock--has been spectacular. This is a wonderful speculation, not an investment. A fine small-cap precious metals stock.
Taseko Mines Ltd. (TKO-T) TSE
This is on his watch list. He is not familiar with their fundamentals. Today's earnings release will help define their future.
Copper Mountain Mining (CMMC-T) TSE
Copper equities in general have had a huge move since the bottom. The commodity has been bust for the last 10 years. There is a lot more room for copper to grow. As long as the balance sheet is not too bad, and it is a good company, then it is a good buy.
Calibre Mining Corp. (CXB-X) TSXV
A growing low-cost producer in Nicaragua. They also do exploration. Exploration is the area you want to be looking at. (Analysts’ price target is $3.10)
Kinross Gold (K-T) TSE
Barrick Gold? He prefers Kirkland Lake and Agnico Eagle among the big producers, because they have better leverage and are streamlined. He always puts Barrick and Kinross in the same category. Kinross buys assets at low prices, but he'd rather buy the companies they buy than Kinross itself. (The one positive with Barrick is Warren…
Sanatana Resources Inc. (STA-X) TSXV
(Top Pick Nov 8/12, Down 76.12%) He got out in the 4th quarter last year. They were the donut around the deposit. With Gold falling off and the market changing, there is now no rational reason to own it.
AcuityAds Inc (AT-X) TSXV
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. It surged, pulled back and then bounced back to new highs. The growth prospect is positive with the ad industry expected to rebound big in 2021. It is a comparative value play with AT being significantly cheaper than US peers. EPS is expected to double.…
Maxar Technologies (MAXR-T) TSE
This was $80 a few years ago, then an acquisition of Digital Globe (made a lot of sense) made investors worry about the balance sheet, but that's improving as they pay down debt. The DG deal married DG's orbital satellites with Maxar's existing software to analyze that data from outer space, which is important to…
Altus Group (AIF-T) TSE
He owns this one and likes the management team. There seems to be a consistent buyer of this stock. They have high margins. It is not cheap at these levels. There are not too many ways to play technology from a real estate perspective. They have a strong position on pricing data in the real…
Ilookabout Corp (ILA-X) TSXV
Provides a service very similar to Alphabet (GOOGL-Q), which is provided for free. When your competitor is providing your services free, it is tough to be competitive.
Mission Ready Service (MRS-X) TSXV
In the military services type industry. He used to own this. They just signed a contract and the stock price jumped. If that contract pans out, then the stock is going higher for sure. You want to make sure that it is real. Sometimes companies announce agreements and they are not as great as they…
The valuation is super cheap compared to, say, Beyond Meat. This just entered a joint venture (https://www.bctechnology.com/news/2020/9/2/Burcon-NutraScience-Joint-Venture-Company-Merit-Functional-Foods-Announces-Close-of-30-million-Investment-from-new-Equity-Partner-Bunge.cfm). This will attract investors when revenues and cash flow become strong. The stock has been doing well as people buy more plant-based protein, a huge business now. Definitely one to watch.
Major Drilling Group International Inc (MDI-T) TSE
As commodity prices go up this one should do better. He likes the management and their philosophy. The balance sheet is in good shape. He thinks most of the tax loss selling has been done and it will go up now. He would like to find a good entry point to buy into it.
Toromont Industries (TIH-T) TSE
(A Top Pick Nov 01/19, Up 29%) A mystery since it has done well despite the pandemic. Distributor for Caterpillar equipment, constructions, power systems, etc. Home building is doing well and construction is doing well. Gold mining is also back in full swing. Their customers are having a good year. Scores well on all 3…
Input Capital Corp (INP-X) TSXV
They do canola mainly. At these prices the stock is so cheap. He sold because he was not seeing enough capital being deployed in Canola streams.
TomaGold Corporation (LOT-X) TSXV
One of the few stocks that has been going up. Have drilled some good holes in Québec. Good high-grade widths at depth were previous drilling was off to the side but not great. It only has 3 holes into it and they are currently drilling off to the sides. Until it is known what is…
Electrovaya Inc. (EFL-T) TSE
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The company has been growing revenues well and has paid off a debenture. Revenue growth is expected to pick up and the company should be profitable this year. Trading at around 10x revenue and 41x expected earnings. A good prospect for the battery space. Unlock…
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The US listing is generally positive. The move to be on the US index makes sense for a high growth company. Investors in the US are fine paying up front for future growth. Unlock Premium - Try 5i Free
Leon’s Furniture (LNF-T) TSE
Has owned this since 2004. Tremendous upside. They really expanded their e-commerce and now makes up 10% of sales. When people can't travel, they buy furniture. Also, they hold $800 million in real estate that one day they can spin out. Also, they have no doubt. The family owns 75% of stock. Margins are rising.…
North West Company (NWC-T) TSE
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. They beat EPS estimates by 4 cents, at 70 cents. EBITDA beat estimates by 20% at $83.6M. Same store sales rose. They continue to benefit from the pandemic and have controlled costs well. Unlock Premium - Try 5i Free
Waterloo Brewing Ltd. (WBR-T) TSE
They have grown significantly over the last couple of years though craft brands as well as discount brands. The won a fair bit of business in contract brewing. He thinks the outlook is good. (Analysts’ price target is $7.25)
George Weston Ltd. (WN-T) TSE
WN vs. L A bit like splitting hairs. Weston controls Loblaw. When you buy Weston, you get 95% Loblaw and 5% bakery. A great business. A buy and hold through the cycles. If you get a rip roaring cyclical market, it will probably lag. High single digit or low double digit return. He doesn't like…
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The Biden win was probably fully priced in so that accounts for the slight pullback recently. The stocks are up 50% this year. Sector rotation is also a factor and investors may be switching out for underperforming stocks. No real concern and both companies remain…
52-Week Low TSX Stocks
Here’s this week’s 52-week lows stocks on Stockchase…
Wellness drives CBD demand and there's more competition entering this space. The CBD market continues to expand into drinks and food. He used to own this, but sees better opportunities. But CWEB is one of the U.S. leaders in this crowded space, so it's okay. You want to be in this space.
Auxly Cannabis (XLY) TSXV
Their model is based on getting royalties off the cannabis companies they produce. They've done some smart deals and have been able to put pressure on producers who needed money. Not sure why it moved so down today.
Stuart Olson Inc (SOX-T) TSE
In the construction space his favorite is WSP Global. SOX is similar and he thinks they may be a value trap as there is some concerns about the dividend, the strength of the balance sheet and their ties to the energy sector.
They sell energy contracts. They have under gone several management changes over the years. He is not a great fan of this business model.
It's currently in the midst of a potential merger with Air Canada. COVID has also decreased air travel significantly. Current cash positions will help the company weather the crisis. However, they will probably burn through their cash by the end of this year. There is also competition from private companies who can undersell them by…
This has limited history, but it is a $1.50 stock that is acting quite well. It’s too early in its history for him to have too much of a comment on it. It certainly looks like it is going higher, and he would watch it.
Antibe Therapeutics Inc. (ATE-X) TSXV
(A Top Pick Aug 01/19, Up 24%) There's been a lot going here: the reported good phase 2 drug test results. They did financing recently and are planning for phase 3 which will cost $50 million, so they have enough cash for 18 months. The next phase will start in Q2 2021 and last two…
🛢 Basic Materials
They own the Rosia Montana gold mine in Transylvania. Have been trying to get permitted for approximately the last 10 years. This is going to continue to be an uphill battle. The resource is tremendous but he feels this is stuck in the jurisdiction where they don’t want the mine to go ahead. If they…
Use this list wisely to identify buying opportunities.
Happy trading !!!