Penny Stock Picks | October 16

Capstone Mining Corp (TSX:$CS)

Capstone Mining recently released Q3 production results from its three projects. The company produced a total of 22,000 tonnes of copper during the quarter, bringing the year-to-date total to 67,000 tonnes. It expects to reach the low end of the range of 2017 consolidated production guidance of 94,000 tonnes of copper.

Average Volume: 967,750

Market Cap: $563.22 million

P/E Ratio (TTM): N/A

EPS (TTM): -$0.3538

 

Copper Mountain Mining Corp (TSX:$CMMC)

This mining company also recently released Q3 production results from its Copper Mountain mine located in southern British Columbia. For the quarter, copper production stood at 20.9 million pounds, while gold and silver productions were 6,700 ounces and 79,270 ounces, respectively. Copper Mountain also recently released drill results for the mine, including 105.3 m of 0.62% Cu.

Average Volume: 613,720

Market Cap: $186.67 million

P/E Ratio (TTM): 25.47

EPS (TTM): $0.0554

 

ProMetic Life Sciences Inc (TSX:$PLI)

Last week, the FDA accepted the company’s biologics license application (BLA) for its plasminogen replacement therapy (Ryplazim), resulting in a jump in the company’s share price and trading volume. For biopharmaceutical companies, this kind of news provides a good buy signal for investors and a good reason to hold its shares for a prolonged period.

Average Volume: 756,490

Market Cap: $1.16 billion

P/E Ratio (TTM): N/A

EPS (TTM): -$0.1875

 

Aurora Cannabis Inc (TSX:$ACB)

One of the most actively traded companies for the past week, Aurora Cannabis has just proposed a $6 million financing on top of the $60 million bought deal announced last week, showing strong investor demand for its shares.

Average Volume: 4.98 million

Market Cap: $1.08 billion

P/E Ratio (TTM): N/A

EPS (TTM): -$0.0538

 

Platinum Group Metals Ltd (TSX:$PTM)

The company today welcomed Impala Platinum Holdings Ltd, the second-largest platinum producer in the world, as a JV partner for the Waterberg project. The Waterberg project has a number of highly attractive characteristics as a low-cost, bulk-minable project with significant scale and growth potential. The participation of Impala marks a significant progress for the project.

Average Volume: 58,190

Market Cap: $78.64 million

P/E Ratio (TTM): N/A

EPS (TTM): -$2.49

 

Featured Image: Depositphotos/© aremafoto

If You Liked This Article Click To Share