This week’s list of companies listed on Stockchase that are set to report their earnings include more than 70 stocks. Among the list, three Canadian Banks : Bank of Nova Scotia (BNS-T), CIBC and TD are reporting earnings this week. Some trending stocks like BRP INC. and Descartes are also set to reveal their numbers in the next few days.
Note that our list is limited to Canadian Stocks that are listed on Stockchase.
Here’s the list for this week…
🛢 Basic Materials
Diamcor Mining Inc (DMI-X) -Nov 26th
No one covers this story. When he looked at the numbers he got VERY interested. They just started to ramp up in terms of production. It should rise into Q1’17. They could earn 20-40 cents. He has 3 year warrants. Diamond prices are at a multi year low. This will start to get it on…
Energold Drilling Corp (EGD-X) -Nov 26th
Doesn't know the stock that well but based on what he does know, it's in a favourable place. Undervalued. If the mining cycle continues, you should see good performance out of this one.
Mirasol Resources (MRZ-X) -Nov 26th
Not really a Silver company but have at least one silver discovery in Patagonia. Have some joint ventures with Couer d’Alene that looks like they are drilling up some silver.
Santacruz Silver Mining Ltd (SCZ-X) -Nov 26th
The silver sector has had a spectacular run. He has a prejudice against small mines, because they have all the risks of the big mines, but can never make you money.
Abacus Mining & Exploration Corp (AME-X) -Nov 27th
They were abutting New Gold’s (NGD-T) Ashton project. They have an interesting exploration play and have sold some rights to New Gold. A speculative situation.
Impact Silver Corp (IPT-X) -Nov 27th
Only drawback with this is perception, which is they don't have a 43101 resource and not well defined. In some circles, that is true but if you can actually get the ore and spend shareholders money to produce a profit, that's what you should do.
Strategic Metals (SMD-X) -Nov 27th
Metals/mining sector is not the best place to be right now. This one looks like it's bucking the trend. Chart shows a decent uptrend and shows little “step-ups”. If it broke down through the current price, it would probably hold at $.50.
Adamera Minerals (ADZ-X) -Nov 28th
Up 19% year-to-date. Drilling results have been good. They have 11 projects and 2,000,000 acres of land in the Northwest Territories. There is a lot to do between finding diamonds and mining them.
Barkerville Gold Mines (BGM-X) -Nov 28th
It would appear that they have got themselves into a whole mess of trouble. There are a lot of questions as to what is going on here. He had concerns that the high-grade mineralization was not being properly constrained and therefore being blown out across the whole thing. Currently it is under Cease Trading order.
Colorado Resources ITD (CXO-X) -Nov 28th
A high quality exploration company, and has had a very good recent move. Had some very good results earlier in the week, and the market has responded well.
Columbus Gold Corp (CGT-T) -Nov 28th
Have projects in Nevada and French Guiana. Until recently, French Guiana was a tough place to explore. However, the government has mapped out areas where you can mine open pit, areas where you can mine underground and areas where you cannot mine. That is a huge plus. Have a large deposit in French Guiana of…
Encanto Potash (EPO-X) -Nov 28th
Potash. Unique relationship with several First Nations in Saskatchewan. Hasn’t been any drilling on their lands and they are now in prime potash territory.
Falco Resources (FPC-X) -Nov 28th
GFG Resources (GFG-X) -Nov 28th
Some of the people behind Gold Standard Ventures, are behind this one as well. If you follow success in this industry, you will do relatively well. They raised a lot of money for Gold Standard Ventures and it has done well. It is probably in the 8th-9th inning before it gets bought out. This one…
Graphite One Resources Inc (GPH-X) -Nov 28th
The theory is that graphite will be in demand because of Lithium batteries. Not his favourite in the space.
K92 Mining Inc (KNT-X) -Nov 28th
Has been an investor in this for a long time. They bought a Papua New Guinea project from Barrick (ABX-T) for almost next to nothing. They are about to start producing, and there will be a lift when they go from “no” cash flow to cash flow. He is also hoping that when they get…
Mundoro Capital (MUN-X) -Nov 28th
A non-refractory ore deposit which is easier to process. Market capitalization is $50 million Cdn which is very low the size of ore body. Very undervalued and underfollowed.
Neo Lithium Corp (NLC-X) -Nov 28th
Lithium. Has a very interesting and attractive deposit in Argentina. It is the most economical form of lithium. It is not hard rock, so there are not a lot of costs and they can do this economically. Higher risk/high potential return. Management is first-class.
Nickel Creek Platinum Corp (NCP-T) -Nov 28th
12 million oz of gold and platinum. 17 km long deposit. Potential to double in size of larger. Was formerly a mine and has been permitted. Access to power. Could go into production in 2 years.
Nigthhawk Gold (NHK-T) -Nov 28th
Has had trouble getting traction. This is one you should bargain hunt for in the $0.10-$0.20 range and hope they come up with some new idea post uranium.
Noront Resources Ltd (NOT-X) -Nov 28th
Have some good indications that the zones go deeper than before and the grades are pretty good. New management team and getting good support and is getting noticed.
SilverCrest Metals Inc (SIL-X) -Nov 28th
Silvercrest Metals (SIL-T) or Silvercorp Metals (SVM-T)? This one is a fairly small deposit, but with high quality people.
West Kirkland Mining Inc (WKM-X) -Nov 28th
Zenyatta Ventures Ltd (ZEN-X) -Nov 28th
Explores ultrapure graphite deposits in north-eastern Ontario. Quite small and is still in development. Not quite at the producing stage yet. Just came out with a really nice intercept today and the stock was halted. As purity levels on graphite goes up, profits explode. He doesn’t know which way it is going to go. It…
Omni-Lite Industries Cdn (OML-X) -Nov 29th
True North Gems Inc (TGX-X) -Nov 29th
Radius Gold (RDU-X) -Nov 30th
(A top pick March 2/05. Down 14%.) Likes the El Pavon discovery. In joint venture with Meridian (MNG-T). Meridian will spend $5 million for the option to buy 60% of the gold that's discovered. Very early stage, grass roots.
Rusoro Mining Ltd (RML-X) -Nov 30th
Venezuelan gold that just announced 48,000 ounces from the last quarter and talking 500,000 ounces by 2012. Very good project in very good company and trading at a discount. Issue is Venezuela and is in part controlled by Russians.
Distinct Infrastructure Group (DUG-V) -Nov 26th
He says this is a riskier play trading on the Venture exchange. They are going to make $100 million in revenue this year and just acquired a company in Manitoba. They dig holes and push cables. This is a 5G play. They are the best at acquiring and converting and sees a 50-60% stock price…
Exco Technologies (XTC-T) -Nov 26th
He really likes the company. It is in the same business as LNR-T and MG-T, but growing faster. It is too small to be a takeover target. There is a lot to like about the stock. 1.65% yield.
VersaPay Corp (VPY-X) -Nov 27th
(A Top Pick March 17/11. Up 9.78%.) Provide e-wallet for online transactions. They service businesses, not consumers. Put up their 1st profitable quarter last summer/fall. They'll continue to grow in the 20%-25% range. Target of $2-$3.
Canada Jetlines Ltd (JET-V) -Nov 28th
This is an ultra-low cost airline. The airlines have been doing very well recently. The chart shows the company is transitioning from one kind of company to another at around mid-December. He likes very-low-price companies but would be cautious about how much he would invest. Not more than 3% of his portfolio. He would expect…
Ceres Global Ag (CRP-T) -Nov 28th
(Market Call Minute.) Had an issue with the management contract that has now been resolved. Feels there is a lot of upside for them. Shipping oil now.
Drone Delivery Canada Corp (FLT-CN) -Nov 28th
Drones. He wouldn’t want to own a drone maker, because it is going to be a Chinese industry. Instead of drones, these people are aiming for air rights, which he finds interesting. That is an asset you can’t replicate. Management is very, very skilled. They have built and sold a number of tech companies. They’ve…
HTC Purenergy Inc (HTC-X) -Nov 28th
Generally doesn't think carbon capture and storage is the solution to reducing emissions. Questions if this is a viable solution. Hasn't been demonstrated on scale. Carbon capture will play a role where there is a market for carbon dioxide, enhanced oil recovery.
Kraken Robotics Inc (PNG-X) -Nov 28th
Tow boats use sonar to sweep ocean floors for water mines from naval warfare. A niche product which creates barriers to entry from competitors. Just approved by the U.S. Navy for some of its products. The market is finally paying attention to this.
Xebec Adsorptions Inc (XBC-V) -Nov 29th
This equipment producer is active in Europe and Italy creating renewable natural gas from composting as well as methane collection in garbage dumps in North America. He likes their long term prospects.
PyroGenesis Canada Inc (PYR-X) -Nov 30th
Uses plasma torches at extremely high temperatures operating in a vacuum. They can use this to burn up bad chemicals as well as being able to reclaim a lot of aluminum from dross. They are doing a ton of work on the military side, including a process to burn up stuff on US aircraft carriers.…
Bank of Nova Scotia (BNS-T) -Nov 27th
The Canadian banks are currently in sideways consolidation, but he likes their dividends. Be cautious if BNS falls below the current $69 level. If so, rotate into the stronger BMO.
Automotive Finco Corp (AFCC-X) -Nov 28th
They are providing almost a royalty payment to those wanting to financial auto dealership loans. They go out and borrow money and make royalty investment in those investing in a dealership. He is watching for them to make a third party investment outside of their dealer group. They pay a great dividend and have fantastic…
HIVE Blockchain Technologies (HIVE-X) -Nov 28th
He has never invested in it. When the company was raising funds, it was doing so at sizable discounts, which caused some concern. He does not yet understand how this technology will play out, so they are sitting on the sidelines. He is not sure this company could be a long term sustainable crypto-miner. He…
Olympia Financial Group (OLY-T) -Nov 28th
Provincially regulated trust Company. Just reported Q2 earnings and the results were fantastic. 6% dividend is very safe. Very well managed company. Very illiquid in that it can go weeks without trading any shares.
RESASS Services (RSS-CN) -Nov 28th
This is going to be the high-tech story in Canada. They developed a platform for real estate agents and have over 300,000 users now. The only problem with it was that it was not trading in the US, but it has now started trading there. Now a global operation. It’s illiquid.
VersaBank (VB-T) -Nov 28th
He looked at this as a possible investment on its IPO. This is a non-branch bank that does commercial lending on buildings and things and is based in London, Ont. It is down $0.20 from its issue. He would like to see a couple of quarters of earnings and see their track record. Has less…
Royal Bank (RY-T)– Nov 28th
(A Top Pick Jun 08/18, Up 8%) Half of the gain was from the dividend. They have posted earnings growth of 7% over the year. They are trading below historical multiples. About 23% of earnings come from the US. She thinks they will continue to increase the dividend.
RY is his favourite bank, but there's nothing wrong in investing in Canadian banks. The banks pay a 4% dividend and raise them by 6% a year. That's why the Canadian banks beat the TSX.
Toronto Dominion (TD-T) -Nov 29th
Still buying for new clients. Valuations are attractive. US operations growing nicely. Flexibility on expenditure spending. Earnings will grow, and so will the dividend.
International Frontier Resources (IFR-X) -Nov 27th
They are waiting for Husky, the operator, to make some announcements. Land issues in the area. Also working on some UK deals to get them farmed out. A fabulous story for business risk oriented accounts. Use a 3/5-year investment time horizon.
CGX Energy Inc (OYL-X) -Nov 28th
Forsys Metals (FSY-T) -Nov 28th
Uranium play in Namibia. They will have high costs, but as the price of uranium goes up, it could grow. It will take years and years. Because of its recent run, he wouldn't buy at this time.
Leucrotta Exploration Inc (LXE-X) -Nov 28th
He is quite bearish on the broader markets, but the sentiment in the energy sector in Canada has been so negative that he thinks it is undervalued. They have no debt and has 900 prime low-cost Montney drilling locations with significant infrastructure and only about 10% of it is dry gas. CEO owns about 30%…
Divestco Inc (DVT-X) -Nov 30th
They help oil/dance companies do seismic surveys. A lot of the companies have cut spending and the stock has fallen off. If you're willing to take short-term pain, it is probably a good holding. Possibly won't be any good news in the next 6-9 months because of weak gas prices. Contrary and play. Be patient.
Jackpot Digital (JP-X) -Nov 27th
Recently purchased as a toe-in-the-water flea bite at less than 1% in his portfolio. One analyst believes there is some pretty good upside opportunity. Speculative.
Descartes (DSG-T) -Nov 28th
(A Top Pick Jan 02/18, Up 7%) Logistics software company. Sticky revenues. Good job at making small acquisitions. Still really like it. Premium valuations but it held up pretty well in this last downturn.
Lite Access Technologies (LTE-X) -Nov 28th
They are doing distinctive infrastructure, where they are digging trenches to get that last mile to the home. They are doing this in the UK, and have a large contract with one company. He really likes the story, but is waiting to see some revenues and earnings drop to the bottom line over the next…
Poet Technologies (PTK-X) -Nov 28th
Really interesting company in the solar space. Have a concentrator system that concentrates sun rays onto a small chip. Could be some interesting breakthrough technology. Had a pretty good run and he has taken a little bit of profit. Speculative.
Reliq Health techniques (RHT-X) -Nov 28th
It is in a good area. Health care in Canada on a monthly basis is number 2 out of the sectors he ranks in Canada. This company is not for the faint of heart. It based for a long time and then exploded higher.
Sylogist Ltd (SYZ-X) -Nov 28th
One of his favourite stories. A software company that continued to do very well on top line and bottom line. Increased their dividend. Cash flows are very strong. Has started to see price increases on their software. Expects you will see margins expand over the next couple of quarters. 3.5% dividend yield.
Tecsys Inc (TCS-T) -Nov 29th
Clarocity Corp (CLY-X) -Nov 30th
Database system of photographs for houses for the real estate industry. Still in the development stage. Real estate has gone to hell in a hand basket. This is a name you need to watch because when there is a recovery it will have a pretty good bounce. Well managed.
Medmira Inc (MIR-X) -Nov 27th
Emerald Health Therapeutics Inc (EMH-X) -Nov 28th
One of the 39 marijuana licensed producers. Has a small operation on Vancouver Island. Also, has property on the mainland and the goal is to build a new facility there and get it licensed. A new licensed facility, gets them into the Health Canada queue a lot faster. This company flies under the radar right…
Lattice Biologics Ltd (LBL-X) -Nov 28th
They made an announcement today of a significant nickel discovery. Discovery was in Norway. He likes it.
RepliCel Life Sciences (RP-X) -Nov 28th
Life sciences. Have an interesting regenerative technology. For example, they can take a hair follicle and extract certain cells, and then replicate them 1 million times and then re-inject them back in areas where they are needed. It is very, very rare to have a company this small with 2 products in phase 2 trials.…
WeedMD Inc (WMD-X) -Nov 29th
Haven’t got their sales license yet. They leased an old Imperial Tobacco property in Aylmer. All these stocks are trading on very high valuation, so he would be careful.
Organigram Holdings (OGI-X) -Nov 30th
(Market Call Minute.) There are so many marijuana companies that whole sector should be avoided. It is a ridiculous valuation for a commodity-based product. There will be some companies that will make money, but if you cannot predict which ones, then stay away.
EEStor Corp (ESU-X) -Nov 28th
Electric cars. The real story is the batteries that are in the car. They can be charged in 3 minutes. This company has an exclusive license for the battery up to 45 kg units. Alternative energy space is an interesting one, but you should only bet on what already works.
BRP INC (DOO-T) -Nov 30th
They tend to do well during the summer time. From March to August it gets the bulk of its gain. In the back half of the year it tends to turn lower.
AirIQ Inc (IQ-X) -Nov 30th
The people behind this are the same ones that started up Clearnet, so good management. Expects the company to turn cash flow positive next year and profitability the year after.
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