Earning Reports to Watch (Nov 26-30)
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
It has been a disappointing stock to him. They have had some hiccups, but likes their asset base. The problem is that synthetic diamonds are taking away from overall demand. They have not been operating as well as they should have been. He might prefer Lucara Diamond (LUC-T).
Energold Drilling Corp (EGD-X) -Nov 26th
Mirasol Resources (MRZ-X) -Nov 26th
(A Top Pick Oct 16/19, Down 24%) It is a prospect generator in Chile and Argentina. Their enterprise value is very low. They have a very high working capital position. Their permitting on drilling is slower than anticipated.
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
CCL.B-T A great label maker. A fantastic story over the years. He would never recommend selling it. You also have IPT-T and have been selling weak with all the hurricanes in the last weeks. They create a lot of value but there is better value with IPT-T. He holds this over CCL.B-T because IPT-T are…
Strategic Metals (SMD-X) -Nov 27th
He is tempted to buy this because it is selling at a discount to the cash and securities in the company, and you get the assets for free. The thing that holds him back is that this has undergone a strategic change. At one point they were a prospect generator, using their acumen and other…
Adamera Minerals (ADZ-X) -Nov 28th
Intelligently run diamond exploration company. Has yet to see that they have economic pipes. Also into nickel but he has not been following this.
Barkerville Gold Mines (BGM-X) -Nov 28th
The Barkerville district has a lot of prospectivity. Their individual drill results are excellent but under the control of the Osisko company. He doesn't own it, because has a hard time getting the drill holes to tie together. That said, the district has a lot of promise and the exploration team is strong. The stock…
Colorado Resources ITD (CXO-X) -Nov 28th
Have had very good results but can tie them together. Also, it's a seasonal play in northwest B.C. so there won't be results till 2020.
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 in an area that is very close to deals that have been happening. On Junior potash plays in Saskatchewan, he is becoming worried about capital spending on account of foreign majors coming in. Concerned about the long-term prospects of this company.
Falco Resources (FPC-X) -Nov 28th
A project that is effectively right underneath the Horne Mine Complex in Québec. Originally it was very low grade gold and copper, so in order for this to be economic, they have to be able to mine it using bulk mining methods, and keep the costs as low as possible. That would entail blockading. He…
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
He doesn’t follow this company, but generic comments on graphite is that if you are keen on Elon Musk and Tesla, you should be keen on graphite. There is literally more graphite in lithium ion batteries than there is lithium. However, graphite is not all the same. You want really, really course graphite for batteries.…
K92 Mining Inc (KNT-X) -Nov 28th
Doesn't own because of he doesn't understand the geopolitics in Papua New Guinea. This is why he prefers investing in North America whose geopolitics he does understand. Otherwise the company looks good: properties, production, metals in the ground. He has a $12.50 target and his company has this as a buy.
Mundoro Capital (MUN-X) -Nov 28th
(A Top Pick Mar 05/19, Down 33%) A copper play in Serbia. It has three joint ventures including Newport. They still have a large land package that could lead to other projects. They also have assets in Bulgaria. He will continue to hold it.
Neo Lithium Corp (NLC-X) -Nov 28th
(A Top Pick Sept 9/16. Down 2.7%.) Has a world-class property in Argentina and a world-class CEO who has done this before. They’ve raised money from various sophisticated institutions at about the current price. At some point, given lithium prices and electrification of cars it is going to get taken out. Highly speculative, but if…
Nickel Creek Platinum Corp (NCP-T) -Nov 28th
Nigthhawk Gold (NHK-T) -Nov 28th
Used to own it, because they had a high-grade project in the Northwest Territories, but they were interested in a lower-grade target that didn't interest him so he sold. He doesn't know their company strategy anymore.
Noront Resources Ltd (NOT-X) -Nov 28th
They've been around for a while and own a lot of the Ring of Fire's nickel deposits. Ontario was supposed to open infrastructure so these deposits would get mined. It's a government and infrastructure play. But NOT has a lot of debt, with no cash flow. Government involvement can work out long-term.
SilverCrest Metals Inc (SIL-X) -Nov 28th
They had a sound model on where the gold was and now they found more. The management team are great. They are in Northern Mexico. He thinks the permit will not be an issue. It is at a very high multiple due to their silver assets.
West Kirkland Mining Inc (WKM-X) -Nov 28th
Used to own it and would like to again this spring or summer. Knows the management team and where they're mining, Nevada, very well.
Zenyatta Ventures Ltd (ZEN-X) -Nov 28th
A graphite deposit in Northern Ontario. Preliminary Economic Assessment has been overdue but came out today and, if good, it would lead to a bankable feasibility study. They should start presenting now and telling people what is going to happen, as it looks like now there may be some good value there.
Omni-Lite Industries Cdn (OML-X) -Nov 29th
California company that makes very precise metal parts. A lot of their work comes out of the defense area. Recently got a new contract for a diesel engine and anti-lock brake component as well as green lead free ammunition.
True North Gems Inc (TGX-X) -Nov 29th
Radius Gold (RDU-X) -Nov 30th
Tempted to buy more. They may get a small royalty from a mine they found. They source really good simple projects to explore. There is no catalyst, but you are buying a good company for less than the cash in the bank.
Rusoro Mining Ltd (RML-X) -Nov 30th
Located in Venezuela, which is a problem. If they have a major discovery there is a chance they could be expropriated.
Distinct Infrastructure Group (DUG-V) -Nov 26th
(A Top Pick March 9/18 Down 59%) He was taking a flyer on this one, which eventually went “cease trade” when documents were not filled on time. He sold all their holdings after losing faith in the company. Management made acquisitions, but failed to execute on the strategy. There are now issues on raising further…
Exco Technologies (XTC-T) -Nov 26th
Tremendous respect for management. Build more power and torque for EVs. Has shown its potential for commercialization. Stock recently shorted, and management responded well. Buy or wait for weakness.
VersaPay Corp (VPY-X) -Nov 27th
Great management and great Board of Directors. They just finished a raise. Doesn’t think there are any headwinds anymore. With a fully loaded balance sheet, they’ve got a great growth in their client base, having gone from zero to 42 with 17,500 payers in the last year. Just signed on an ERP Vendor news cycle,…
Canada Jetlines Ltd (JET-V) -Nov 28th
Want to wait for them to start flying, to see if they can do it. It’s not an easy business. Comes down to management. You might be OK, but there are easier ways to make money.
Ceres Global Ag (CRP-T) -Nov 28th
(A Top Pick April 3/14. Down 12%.) A fully integrated agricultural company with a railroad to their elevators along with production of legumes and wheat. Thinks it should deliver quite nicely this summer because of what is going on in California. Feels drought is going to haunt us from a food inflation perspective.
Drone Delivery Canada Corp (FLT-CN) -Nov 28th
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The Edmonton airport deal is positive and the company continues to announce engagements over the last couple of months. Revenues are still low though it has hit $450K on a trailing twelve month basis last quarter. Unlock Premium - Try 5i Free
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
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Cash position is strong despite revenues falling in 2020 compared to the large order they received in the prior year. Margins have improved. It continues to secure orders. High risk but doing many things right. Unlock Premium - Try 5i Free
Xebec Adsorptions Inc (XBC-V) -Nov 29th
Has been a past top pick. A company he likes. There is a lot of tailwind behind renewable natural gas. Is positioned well for this. The stock price has pulled back from highs. Had a number of issues with the company and projects. It is now subsiding and the company should have a tailwind for…
PyroGenesis Canada Inc (PYR-X) -Nov 30th
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. As with other growth stocks, it has taken a hit. The revenue base is relatively tiny for a $1.4B market cap. Hard to know when the market rotation bottoms. If the correction lasts, it could see more losses but could be a good trade. Wait…
Bank of Nova Scotia (BNS-T) -Nov 27th
(A Top Pick Feb 26/20, Up 17%) Still a buy though it's lagged the other banks, due to its larger EM footprint. EM was hit hard during the pandemic. Trades around 10x earnings and pays a 4.5% dividend, but this will rebound. BNS is the most undervalued, trading at a 10% discount to peers. He…
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
The upshot: BITF, HUT and HIVE all outperform Bitcoin itself, but suffer more volatility than its base currency. The miners' fortunes are intrinsically tied to the fluctuations of Bitcoin. The main costs for these miners start with the capital costs (an army of supercomputers) and the real estate where they operate day and night. An…
Olympia Financial Group (OLY-T) -Nov 28th
Very well run, kind of niche financial company. Very sharp management that knows how to make money. They paid a dividend, which may explain the drop in the share price. Not a huge growth business, but pays a regular dividend of around 7%. If you are looking for income, you are well served.
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
A branch-less bank that does financing for their customers. They should have higher margins than other banks, but he would sit on the sidelines for a while. They are trying to do interesting things with the dividend.
Royal Bank (RY-T)– Nov 28th
(A Top Pick Oct 14/20, Up 37%) She might sell if there was a drastic financial crisis or recession, but perhaps not even then. In 2008-9, it would have been the worst thing to sell the banks. She likes the banking sector. One of her core holdings in the Canadian banks. You can buy it…
(A Top Pick Dec 29/20, Up 35%) The banks had not performed at that point last year. They had over-reserved at the beginning of the pandemic.
Toronto Dominion (TD-T) -Nov 29th
We've chosen TD from the group, based on the historical pattern of the last one now, will later be first. TD has underperformed its peers so far in 2021. Through the first three calendar quarters, TD has gained 17%, while top dog, National Bank, has run twice as far. Actually, this isn't completely accurate; Bank…
International Frontier Resources (IFR-X) -Nov 27th
Involved in the UK North Sea. In the process of drilling a well with the Lundins that is very important. In about 1 month will start working with Husky (HSE-T) in the North West Territories. Between the winters of 2008 and 2009, you will have a good shot if they have any kind of drilling…
CGX Energy Inc (OYL-X) -Nov 28th
Did a shareholder vote and Pacific Rubiales (PRE-T) will be assuming the management of the company. Drilling off the coast of Guyana. Got to about 1000 feet of the target. Because of gas creating a lot of pressure, they couldn’t finish the drilling. Potential is still there and could be a world-class discovery. Pretty good…
Forsys Metals (FSY-T) -Nov 28th
Being acquired at $7 but because of the lower stock price, market indicates the deal is not going to close. Doesn't see this as a good way of making a quick buck. You are trying to beat the pros at a game that they are very, very good at.
Leucrotta Exploration Inc (LXE-X) -Nov 28th
They're in northeast BC where Tourmaline is consolidating land and assets, near LXE. So, LXE will become topical. LXE has reached an inflection point after acquiring a lot of land and pushed the Montney play to the northeast. Now, they need a lot of capital to move to full development. They're talking to potential buyers,…
Divestco Inc (DVT-X) -Nov 30th
Very cheap stock in 04 and then went parabolic in early 06, had a spiked top and then fell in late 06 and had a bottom of about $3. The risk is $.75 and until it moves, you won't know what the reward is.
Jackpot Digital (JP-X) -Nov 27th
Just announced a deal last week where they are launching in Mexico. Thinks mobile gambling is a real growth industry. Has a tiny stake in this one.
Descartes (DSG-T) -Nov 28th
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The company has no debt, excess cash and good growth. They just reported a solid quarter with an EPS 21% better than estimates. Valuation is still below some software stocks. Unlock Premium - Try 5i Free
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
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The company is looking to list in the US and is probably going to consolidate for this. The tech is interesting but a higher revenue base would make the argument more compelling. Sales are minimal but market cap is around $320M. With the risk on…
Reliq Health techniques (RHT-X) -Nov 28th
Remote monitoring business. When people leave the hospital, they have the technology to help monitor them. Gives the ability to track and keep healthcare costs down. Continues to add more doctor groups and healthcare regions that are recurring revenue streams. $24M run rate for this year. Margin is 45%. Valuation is attractive.
Sylogist Ltd (SYZ-X) -Nov 28th
It has a lack of top line growth. They recorded a disappointing quarter last week. They replaced the CEO four or five weeks ago and he is interested to see what he does going forward. He will be interested to see what they do with their high payout ratio. If you like the dividend, you…
Tecsys Inc (TCS-T) -Nov 29th
Clarocity Corp (CLY-X) -Nov 30th
This company has been in flux and is finally coming through its last phase. There has been a management and board of director change. There will be a lot of new client acquisitions and a capital cleanup, which will ignite growth.
Medmira Inc (MIR-X) -Nov 27th
In Canada, this smallcap (C$210 million) biotech in Halifax submitted its antibody test to the FDA. Since April 22, MedMira has soared from 6 cents/share to over 30. There's scant coverage or even stock metrics to report. Also MedMira is one of many companies to submit such tests to the FDA, but it's worth keeping…
Emerald Health Therapeutics Inc (EMH-X) -Nov 28th
This company has a lot of scientific research to support the health care aspects of cannabis. They also have extensive experience in low cost farming economics as part of their partnership with Village Farms (VFF-T).
Lattice Biologics Ltd (LBL-X) -Nov 28th
A very well run company with a really interesting variety of nickel exposure in Norway and 1st rate exploration projects.
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
He has been looking at this as it has become more attractive now. A mid-tier producer that has stagnated when a partnership did not materialize. They are involved in the specialty pharmacy business which could grow into the mainstream in the future. They could be bought out in the future.
Organigram Holdings (OGI-X) -Nov 30th
Flies under the radar, not top tier because of its size. Tremendous respect for management team. Very efficient, and that's probably why BATS invested. Will be one of the fastest growing sectors in next decade.
EEStor Corp (ESU-X) -Nov 28th
BRP INC (DOO-T) -Nov 30th
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. There is no news to account for the weakness. The stock rose last week and has essentially returned to those levels. Estimates have risen, which pushes expectations to beat on earnings. The company has beaten estimates 8 quarters in a row. Unlock Premium - Try 5i Free
AirIQ Inc (IQ-X) -Nov 30th
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