Most Anticipated Earnings: CIA-T, NA-T and more Canadian Companies Reporting Earnings this Week (May 26-30)

Opinion about CLZ-X: Has a silver discovery in the Durango area of Mexico. It is a joint venture with Orex (REX-X) earning in. They are carried for 35% once Orex has earned in. A very interesting project. They drilled into an alteration zone and hit good mineralization which is fairly consistent and looks like it…

Opinion about CIA-T: Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research EPS came in at $0.24 beating estimates of $0.20. Revenue came in at $506.89M beating forecasts of $486.08M and displayed growth of 31% year-over-year. Profit more than doubled on a year-over-year basis coming in at $126.46M. The board approved the company's $470.7-million…

Opinion about LI-X: The company and lithium has got over hyped. The world is awash with lithium. We are short of processing capabilities. This is not the best capital allocator either.

Opinion about BCM-X: Decent company if you really like leverage to the silver business. Decimated. Really tough balance sheet. Difficulty with existing operations. Negative cashflow. He's very nervous about its leaving exploration expertise to go into production.

Opinion about SBMI-X: He can find what he wants in Tier 1 or strong Tier 2 deposits. Very small-cap exploration company. 

Opinion about CNX-X: (A Top Pick Nov 11/16. Down 39%.) Had a great initial discovery, but subsequent drilling results have not kept pace with initial drilling results. He likes the property and the people but sold his stock.

Opinion about NGC-X: We haven’t made many graphite discoveries in the world, mainly because there hasn’t been very much graphite required, relative to the supply. The graphite market is extremely technical, and not all graphite deposits are created equal. If you don’t understand the technology behind graphite and the various grades and qualities of graphite,…

Opinion about GAL-X: A tricky one. Have a very small mine in Ireland that they are trying to put into production as well as a small jewellery division. There is no clear indication of what they are trying to be. Gold deposit is very small.

Opinion about GQC-X: He likes the deposit and the CEO. They tried to finance them but Eagle beat them. You need to be concerned about the very recent revenue grab by the government of the Dominican Republic. It will be interesting to see how this works out. A great deposit and a great management team.

Opinion about MUN-X: (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.

Opinion about MAU-X: Not so sure it's still undervalued. Believes in management's vision to use this company as a West African consolidator. 

Opinion about SCZ-X: Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research Silver tends to follow gold, with the caveat that it also has industrial usages, so in a recession it may lag. But we think the outlook is good, with rates likely to decline (eventually) and the US dollar possible weaker (especially if…

Opinion about BNS-T: Like other Canadian banks it is undergoing re-positioning itself for a turn-around. It has dialed back its overseas business and is now focused on Canada, the U.S. and Mexico. The Canada and U.S space is pretty crowded. It has acquired a struggling regional bank in the U.S.

Opinion about BMO-T: Likes footprint in US since the Bank of the West deal. Third-biggest bank in Canada, one of the top 15 in US. Great Canadian wealth management, and great NA capital markets business. Pretty good, but smaller, insurance business. Management presented a pretty credible plan to drive ROE back to mid-teens. Trading around 1.3x…

Opinion about NA-T: Probably warrants a fresh look in the wake of its merger with CWB, a fantastic and very synergistic deal. Makes it a scale player nationally with lots of cross-selling opportunities. Capital markets business is excellent. Reports mid-week next week. Small business in Cambodia has been tricky, but not enough to move the…

Opinion about RY-T: Momentum. You have to take all the indicators together. For example if the price is going up, but momentum is slowing, you know it's going to be bad news for the stock eventually. This chart hit a high ~$180, pulled back, and is attempting to hit it again. That will be a resistance…

Opinion about CM-T: We've already recommended National Bank, so let's look at the second-cheapest bank, CIBC, with its 11.2.x PE and EPS growth over five years of 5.39%, better than RY's 5.16%. Commerce has beaten its last four quarters with room to spare, and pays a safe dividend of 4.49%. Its EPS growth is beating…

Opinion about AFCC-X: 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…

Opinion about LB-T: (A Top Pick Sep 27/24, Up 6%) (Note the short timeframe.)His target was $31, and it hit that. He got about 60% of his holding offloaded at that level. His only bank with about a 1% position. Holding for the nice dividend, expecting an eventual bounce off $28 level.

Opinion about ROMJ-X: Billy Kawasaki’s Insights. A cannabis cultivator out of BC that is a micro-cap. It trades on the TSX Venture Exchange. Current earnings per share is at -0.19. It started trading in September and has largely stayed flat since the IPO. The marijuana space continues to face pressure so it may be wise…

Opinion about COV-X: (A Top Pick Aug 08/18, Down 78%) They had a $100 million contract from the Middle East, but the revenue in the deal has been delayed. COV had huge promise and now it's Show Me The Money. The revenue delay is hurting them. Also, they had a recent stock issuance. But insiders…

Opinion about NSCI-X: They take a large nuclear magnetic resonance machine and shrink it down to a desk top size. They now have a high def version. Theirs is better than their nearest competitor. It won't be profitable until 2021.

Opinion about EGT-X: A penny stock. Energy efficiency, energy management and storage solutions. A company with a technology that is going to help if we move to a decentralized grid where we want homes and businesses to be energy self-sufficient. Thinks it could do well but they are investing in a very specific type of…

Opinion about YES-X: The company is into reducing carbon levels and removing sulphur from natural gas. He is a close friend to one of the company principals. An exceedingly illiquid stock.

Opinion about GSP-X: We need potash, and demand will spike. Reticent to chase a small name like this. Look to a large cap. He likes NTR, which is reasonably priced, all things considered.

Opinion about WEED-T: Good for marijuana exposure. Speculative, but quality. 

Opinion about CL-CN: CURELF-N vs. CL-X. He really made a focus on the US for cannabis. He thinks the US MSOs have a tremendous amount of room to go. CURELF-N is one of the leaders. CL-X just did a deal in California, which is one of the biggest markets out there. He likes both of…

Opinion about BOIL-CN: Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research It remains a tough call. With new technology such as theirs, we need to look for third party confirmation. This is best done by actual sales. And sales here remain minimal. It is losing money, with negative cash flow. It has distribution…

Opinion about RHT-X: Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research We would not expect much here; the stock has not traded in Canada in more than a year, and in the US it trades at a tiny fraction of a penny. It has posted a couple of announcements on its website this…

Opinion about SPN-X: This does mobile marketing for big brands, where you use your phone to run loyalty programs and purchase validations. Down 53% in the last year, because it got caught up in the downdraft in the TSX Venture. It would be higher today, except that their financing was the worst kept secret on…

Opinion about DTEA-Q: This was a Canadian success story that expanded too quickly into markets they didn’t understand. There was a proxy battle as the company has tried to stabilize itself. Competitors like Starbucks are eating their lunch. They rose sharply today on a rumour that they might be considering the cannabis business; however, they…

Opinion about DOO-T: (A Top Pick Jan 23/25, Down 12.7%)Stockchase Research Editor: Michael O’Reilly Our PAST TOP PICK with DOO has triggered its stop at $67.  To remain disciplined, we recommend covering the position at this time.

Opinion about NDVA-X: Not a lot of love for cannabis or for small caps. Phenomenal execution by management. Sales of chocolates and gummies are doing well. Great growth, strong market share, across the country. Hopes investors will recognize its value once tax-loss selling is done.