TriMetals Mining Inc (TSX:$TMI)
In anticipation of completing a 125-hole drill program and an updated resource estimate for its Gold Springs project, TriMetals could see its share price move up when news comes out. Last month, the company released positive drill results from Gold Springs, including 21.3 meters of 1.57 g/t gold equivalent.
Average Volume: 55,390
Market Cap: $51.29 million
P/E Ratio (TTM): 2.62
EPS (TTM): $0.0631
Firan Technology Group Corp (TSX:$FTG)
The company was awarded a multimillion-dollar contract on October 17 from CAE USA for the development and delivery of simulated C-130 cockpit control devices. A contract announcement like this is typically followed up with short-term gains.
Average Volume: 55,420
Market Cap: $75.99 million
P/E Ratio (TTM): 48.21
EPS (TTM): $0.0697
Diversified Royalty Corp (TSX:$DIV)
Yesterday, the company announced that it intends to raise up to $50 million under a bought deal financing for potential future acquisitions. There could still be an upward price momentum in the short term due to strong buying pressure.
Average Volume: 418,730
Market Cap: $343.74 million
P/E Ratio (TTM): 35.28
EPS (TTM): $0.0918
Lithium Americas Corp (TSX:$LAC)
For the past year, Lithium Americas’ stock has been on an upward swing, despite the company having few catalytic events that could have driven up its shares. This can be attributed to the surging demand for lithium, and as the entire lithium sector keeps moving in a positive direction, so will Lithium Americas.
Average Volume: 1.38 million
Market Cap: $740.59 million
P/E Ratio (TTM): N/A
EPS (TTM): -$0.0951
Reitmans (Canada) Ltd (TSX:$RET)
Even with last week’s news that Sears Canada is closing up shop, apparel maker Reitmans may still have room to grow. The company posted similar sales numbers for its most recent quarter compared with the same quarter last year, despite having 55 fewer stores. Also, BMO Capital Markets has set a target price of $5.00 for the company’s shares.
Average Volume: 13,910
Market Cap: $282.97 million
P/E Ratio (TTM): 25.80
EPS (TTM): $0.1744
Featured Image: Depositphotos/© Violka08
