Weekly 52-Week Low (or 52-Week High): ARIS-T, SAU-T, EXRO-X, NSCI-X and More 52-Week Highs and Lows (Jul 02-08)

Opinion about ABX-T: Problems in Mali, and company's short-term performance depends on that outcome. High operating costs in Nevada goldfields. Has decided to be a mining company rather than a gold mining company, which an increasing amount of revenue coming from copper. Much growth will come from Pakistan project, which he likes but the market…

Opinion about ARIS-T: Recently bought shares - fond of management team. Hoping for repeat success in Colombia. Trading at 50% of NAV. Geopolitical risk, but prospects look bright. Assets have a lot of opportunity, but local politics can be difficult. 

Opinion about FDY-T: Looks like an interesting exploration/development company.Will watch company to see how results pan out.Financial certainty a concern.Might buy shares down the road.

Opinion about FT-T: Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research FT market cap is a highly-risky $22M, and shares are down 44% in the past year. It has $9.2M in debt which adds even more risk. We are generally not in the habit of suggesting 4-cent stocks. It did recently receive $714,500…

Opinion about NDM-T: Embroiled in environmental issues. But new life under the Trump administration, so all bets are off. Gold and copper in Alaska. Stock's almost tripled since the election. Current project is massive, ~$6B. Nice to be able to get permitting, but how are they going to finance it?

Opinion about SAU-T: Stock trended downwards for are very long time and looks like a near death situation but then a huge volume in August, doubling and tripling. Put a stop at $0.25 which is near a gap level.

Opinion about SLS-T: Be cautious if you can't handle a long timeframe (5 years) or political/sociological risk. Very high risk/high reward. Copper/gold discovery is Tier 1 in Ecuador, a challenging country. Well-backed by high-quality entrepreneurs.

Opinion about SSL-T: Mistakes in capital deployment were made about 3 years ago. Believes Turkiye mine will go into production, and cashflow will really change this company. Now using FCF to pay down debt rapidly. Either share price goes up, or company is taken over.

Opinion about USA-T: Junior speculative. Not profitable. At the price for gold and silver today, if a company's not profitable you have to ask why. He doesn't play penny stocks, and certainly not in the junior mining area. A very challenging asset class; he learned his lesson 35 years ago.

Opinion about PX-X: Probably a cheaper way to own Detour Mines (DGC-T) as they own shares that are trading at about a 25% discount to the market price.

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 SPA-X: Can survive but will not thrive. In this market you want to buy the best of the best companies for the rebound. Decent size, low grade deposits and decent people. You want superlatives now.

Opinion about ATRL-T: Very strong portfolio of engineering and design and consulting. Plays into infrastructure, energy, and environment. Focus on nuclear will be important, with 15% of revenue coming from there. If Hwy 407 were sold at a good price, would be a catalyst to create value (but he wouldn't buy something just because there…

Opinion about BBD.B-T: (A Top Pick Jun 21/24, Up 28%) Gaining altitude. Technological leadership in medium- and long-range aircraft. Order book looks pretty robust, production slate is full. After-market parts and service provide stable revenue. Airplanes can be repurposed for military use, and Canada's recently upped defense spending commitments.Long and complex supply chain, and tariffs…

Opinion about BDGI-T: In an excellent position. Most operations are in US. Business is really booming. US election gave management clarity on how to allocate capital. Despite tariff concerns, what they're making is long-term, critical investments. If it stays cheap, possible takeout by private equity or a strategic acquisition.

Opinion about CAE-T: (A Top Pick Feb 05/24, Up 34%) Earnings good, guidance disappointed. But she takes a long-term view. One of the few stocks she owns with no dividend. Checked the boxes of recurring revenues, stable business. Still a pilot shortage in NA, geopolitical risks favour the defense segment.

Opinion about EIF-T: Really likes the name, good business. Making all-time highs, expensive here. Doing all the right things, growing its dividend. Often the only airline in a Northern Canada region, so it's a monopoly. Owner/CEO is the real driving force, and she wants more clarity on the continuity plan. Yield is 4.2%.

Opinion about FTT-T: (A Top Pick Apr 12/24, Up 22%) Correlated with copper, and it set up nicely with where we were in the business cycle. Big breakout over the last 2 months. Good-looking chart with higher highs and lows. Sees further upside into August.

Opinion about VNP-T: Based in Montreal. Supply specialty semiconductors and performance materials. Customers such as a manufacturer of solar panels. FSLR in the US, one of VNP's biggest customer, guided down. Stock dipped. Need to get a handle on tariff impact. Not growthy enough for him.

Opinion about XLY-T: 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.

Opinion about ATZ-T: They act more like a staple. They attract a wide range of age groups, young and old. Competition is tough, but they are run well and trade at a reasonable PE.

Opinion about PET-T: (A Top Pick Nov 12/24, Up 31.4%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with PET is progressing well.  To remain disciplined, we recommend trailing up the stop (from $26) to $29 at this time.  

Opinion about TRI-T: Mission-critical information for legal, tax, and accounting professions. Not huge topline growth. Very strong recurring revenues. Always looks expensive, today PE is ~50x. You can get twice the same earnings yield in bonds and in the markets.

Opinion about BDI-T: Traditional workcamp business on oil & gas projects, which might do better going forward with increased infrastructure spend in Canada. Real attraction is modular space business -- portable spaces that they rent out, mainly for construction projects. Portables for schools in NA and Australia. Low valuation. Very high insider ownership of ~24-25%.…

Opinion about BEPC-N: A good name. High-quality way to play de-carbonization space. Very bullish last quarter on future growth and electricity demand. Company says scale lets it mitigate tariff risk, because they can source a lot in the US. Doing really well with data centres. Now 10.5x 2027 price to AFFO, and growing ~10.4%. Nice…

Opinion about BK-T: Only downside is the fee. Just like an ETF, there are more holdings in the wrapper. For a small account, it makes sense. For a larger account, just buy the banks individually. You have to read the prospectus to see what the fee level is to see if it's worth it for…

Opinion about BMO-T: The banks are looking quite expensive, especially as we're probably entering a period of economic weakness. Good company, not a good stock at the moment. Past quarter has seen a pretty stellar move. Trades ~14x PE. Yield is 4.3%.Definitely take some profit, and stick it into something more defensive like infrastructure, pipelines,…

Opinion about CHP.UN-T: (A Top Pick Jul 12/24, Up 14%) Likes it, but should invest in better areas. Bought it for defence. It's boring, but steady. Great long-term for retirees seeking safe income, but won't rise in price much. But during the next pullback, which he expects in coming weeks.

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 FFN-T: Leverage allows them to provide such a large dividend. Typically 2:1 leverage, so you get double the bang for the buck. Lots of volatility, big ups and big downs. When markets are working, work great. Up to the board of the fund as to what distribution they pay out.Over 20 years, you'd…

Opinion about FTN-T: Leverage allows them to provide such a large dividend. Typically 2:1 leverage, so you get double the bang for the buck. Lots of volatility, big ups and big downs. When markets are working, work great. Up to the board of the fund as to what distribution they pay out.Over 20 years, you'd…

Opinion about HR.UN-T: Hostile takeover. Diversified REIT that doesn't work very well anymore, as it tends to trade at the multiple of the least-liked sector it owns, and it has a lot of office. If you own, hold on, as today's press release indicated interest from multiple parties (and so a higher bid may come…

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 PIC.A-T: This fund has 5 banks, and they split the capital shares, and the preferreds represent the dividends. A very good income producing pick, because it is about a 6% yield. If you think banks are going to continue to go up, which he does, you will continue to get a high dividend.

Opinion about RY-T: Yield of 3.5% is not as high as it once was, given the move in the stock price. About 15-16% ROE, and it retains half of that. If that can continue, should be able to grow the bottom line in mid-high single digits. Valuation is above historic averages. Better opportunities in the…

Opinion about SII-T: Great franchise around commodities and precious metals. Diversified products with asset management fees. Good way to get broad participation in a diversified bucket of commodities. Big run speaks to its success. 

Opinion about SRU.UN-T: Main tenant is WMT, which is a blessing and a curse. WMT drives a lot of traffic and attracts a lot of tenants, and it has great credit. But WMT has locked in low rents for a long time, though rents can be raised for the other tenants. Not as much growth…

Opinion about TD-T: Surprising how much it's come back, due in large part to sentiment having been so negative. Penalties will dampen growth. Still, numbers for both US and Canadian financials are starting to accelerate. Canadian banks over-provisioned for loan losses; if they don't have to tap into those reserves, should see really strong numbers…

Opinion about MDA-T: Exciting prospects. Cost of space has dropped so much it really opens up the market. That sector will have very strong tailwinds over the next several decades. Around for 55 years. Leader in space; satellites, sensors, components, Canadarm. Huge backlog. Great topline and bottom line growth. No dividend. (Analysts’ price target is…

Opinion about PNG-X: With more spending on defence, especially with the NATO cap moving up, there's an opportunity in defense as well as in commercial. Multiple products and technologies, including underwater batteries that are exclusive to what they do. Robotic vehicles too. Super-strong topline and bottom line growth. This week, completed a $150M equity raise that…

Opinion about TH-T: Best quarter is the last one, which ends in February. December - May is optimal holding period. Lately, it's been trending lower. No reason to be enticed just yet. Want to see support at major moving averages.

Opinion about EXRO-X: Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research The company saw a big pop in 2021 on EV hype for the Coil Drivers it sells. It has never really had significant revenues or positive free cash flows. If EV demand booms the stock could do better, but overall we are…

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.