Penny Stock Picks | October 12

Trican Well Service Ltd (TSX:$TCW)

Trican continues to be one of the most actively traded small-cap stocks on the exchange. Following yesterday’s price surge, the shares fell by 3.6% on Thursday, closing at $4.59 per share.

The company will release its Q3 results on November 1. In the second quarter of 2017, the company experienced a massive 322% revenue increase compared to the same quarter last year, and it expects to continue its strong performance in the second half.

Average Volume: 2.02 million

Market Cap: $1.65 billion

P/E Ratio (TTM): N/A

EPS (TTM): -$0.0077

 

Aurora Cannabis Inc (TSX:$ACB)

Cannabis companies have received more attention recently as investors are once again bullish on the industry as the legalization of recreational marijuana looms closer.

One of the companies to watch is Aurora Cannabis, which recently announced a $60 million bought deal financing to expand its business.

Currently, the company has a production facility in Alberta licensed to produce up to 5,400 kilograms of cannabis per year.

Average Volume: 4.39 million

Market Cap: $1.11 billion

P/E Ratio (TTM): N/A

EPS (TTM): -$0.0538

CanniMed Therapeutics Inc (TSX:$CMED)

Another cannabis company to monitor is CanniMed Therapeutics, which recently signed a letter of intent for the distribution of topical medical cannabis products, product development, and clinical research.

The company is licensed to sell up to 7,000 kilograms of medical marijuana to patients. It operates two facilities: one in Saskatchewan, Canada, and one in Michigan, United States.

Average Volume: 67,040

Market Cap: $268.42 million

P/E Ratio (TTM): N/A

EPS (TTM): -$1.12

 

Northern Dynasty Minerals Ltd (TSX:$NDM)

Northern Dynasty’s shares jumped by 8.4% on Thursday following an announcement that the company has hired two experienced mining professionals to its Pebble project engineering and development team. The company’s principal asset is a 100% interest 2,402 mineral claims in southwest Alaska, including the Pebble deposit.

Average Volume: 584,740

Market Cap: $762.81 million

P/E Ratio (TTM): N/A

EPS (TTM): -$0.1645

 

Silver Bull Resources Inc (TSX:$SVB)

On Thursday, the company released significant drill results from two holes at the Sierra Mojada project in Coahuila, northern Mexico, which is highly prospective for silver and zinc. The results include 25.5 meters of 294 g/t silver and 0.96% copper, and 7 meters of 121 g/t silver and 0.52% copper. Drilling will continue at Sierra Mojada.

Average Volume: 173,510

Market Cap: $28.89 million

P/E Ratio (TTM): N/A

EPS (TTM): -$0.0123

Featured Image: silverbullresources.com