Saturday, December 5, 2015

InvestorsGuru.com 11 Filtered Mid-Day Market Movers Recap

Mid-Day Market Movers focus on above average volume, price action, breakout chart trends and news - posted throughout the day live at the top of InvestorsGuru.com and on our Hot Sheet. Below recaps last week's movers, all prices when posted, week high price Wk-H:, with a brief company description and recent news headlines. Submit any ticker symbol to our Detailed Quote Portal (top-left of all pages) for quotes, java charts, research and news, or to comment/share.

NYSE
(NYSE:XCO) EXCO Resources Inc. $1.22 Wk-H: $1.34
- oil & natural gas co. focused in Texas, N. Louisiana & Appalachia, successful consent solicitation; 2016-H1 $70M drilling/completion budget

NYSE MKT AMEX
(AMEX:NG)(TSX:NG) NovaGold Resources Inc. (2014: $2.87) $3.38 $3.65 $3.71 Wk-H: $4.27
- 50% of Donlin in Alaska (of the world's largest, highest grade gold deposits), (NYSE:ABX)(TSX:ABX) Barrick files Draft EIS advancing permitting

NASDAQ
(NASDAQ:ORMP) Oramed Pharmaceuticals Inc. $8.86 Wk-H: $10.74
- signs up to $50M ($38M + licensing deal royalties and $12M investment at $10.39 per share) for oral insulin capsule in China
(NASDAQ:AVXL) Anavex Life Sciences Corp. $7.85 Wk-H: $8.14
- developing drugs for CNS diseases, pain & cancer, expands mgmt.; ANAVEX 3-71 described potent cognitive enhancer in Alzheimer's models
(NASDAQ:GERN) Geron Corp. (2013: $2.61 $4.41 $5.73, 2014: $2.73 $3.81) $5.00 Wk-H: $5.30
- clinical stage biopharm developing telomerase inhibitor in hematologic myeloid malignancies, presenting at Dec. investor healthcare conf.'s
(NASDAQ:WGBS) WaferGen Bio-systems Inc. $0.88 Wk-H: $1.14
- innovative genomic clinical testing and research solutions, Nov. 10 Q3 $2M record revenues, launches ICELL8, completes $17.25M offering

TSX (quote T. and ticker symbol)
(TSX:PLI)(OTCBB:PFSCF) ProMetic Life Sciences Inc. (2014: $1.35 $1.61 $1.36 $1.37 $2.07) $2.88 $3.47 Wk-H: $3.62
- renews long-term (NYSE:GSK) GlaxoSmithKline supply agr.; confirms PBI-4050's efficacy in type 2 diabetes and metabolic syndrome patients
(TSX:LSG)(AMEX:LSG) Lake Shore Gold Corp. (2013: $0.25 $0.405 $0.39, 2014: $0.63 $0.93 $1.07 $1.20) $0.82 $1.11 $0.96 Wk-H: $1.08
- produces from two wholly owned multimillion oz. mines in the Timmins Gold Camp, issues 6.9M flow-through shares at $1.45 per share

TSX Venture (quote V. and ticker symbol)
(TSXV:LM)(OTCBB:LMDCF) Lingo Media Corp. $0.35 $0.73 Wk-H: $0.82
- innovative EdTech company teaching English online and via print publishing in China, reports Q3 net income of $631,730 or $0.023/share
(TSXV:BGM)(OTCBB:BGMZF) Barkerville Gold Mines Ltd. $0.225 Wk-H: $0.25
- BC Cariboo project, offers $4M $0.32 units; (TSX:OR)(OTCBB:OKSKF) Osisko C$10.24M for 32M $0.32 flow-thru shs. + C$25M for 1.5% NSR
(TSXV:ALP)(OTCBB:ABGPF) Alabama Graphite Corp. (2014: $0.24) $0.20 Wk-H: $0.215
- Coosa project is the USA's most advanced battery-grade graphite project, files completed positive PEA NI 43-101 technical report

Sign-up at InvestorsGuru.com (or blog.InvestorsGuru.com) for our Small Cap Stock Observer newsletter, and to set-up your own My Portfolio, My Watchlist & Alerts and News by Email preferences, or quote to comment at our AnyTicker.com Bulletin Boards. Free!

Saturday, November 28, 2015

InvestorsGuru.com 10 Filtered Mid-Day Market Movers Recap

Mid-Day Market Movers focus on above average volume, price action, breakout chart trends and news - posted throughout the day live at the top of InvestorsGuru.com and on our Hot Sheet. Below recaps last week's movers, all prices when posted, week high price Wk-H:, with a brief company description and recent news headlines. Submit any ticker symbol to our Detailed Quote Portal (top-left of all pages) for quotes, java charts, research and news, or to comment/share.

NYSE
(NYSE:REN) Resolute Energy Corp. $1.12 $0.66 Wk-H: $0.90
- focused on various U.S. onshore O&G basins, to sell Gardendale assets in Midland Basin for $177.5M; no reverse stock split prior to year-end
(NYSE:ARCO) Arcos Dorados Holdings Inc. $3.73 Wk-H: $3.85
- world's largest McDonald's franchisee, in 20 Latin American and Caribbean countries, $250M real estate monetization and re-franchising
(NYSE:IO) ION Geophysical Corp. $0.66 Wk-H: $0.70
- a leader of tech-driven solutions to the global O&G industry, up to $25M stock repurchase program; Q3 $66.7M revenues, ($0.10) adj. EPS

NYSE MKT AMEX
(AMEX:SYN) Synthetic Biologics Inc. $1.41 $1.70 $2.30 $1.71 $2.20 $2.11 $2.91 $3.47 $2.74 Wk-H: $3.09
- develops targeted anti-infective drugs that treat bowel diseases to MS, first key U.S. patent; to host NYC Dec. 10 microbiome clinical seminar
(AMEX:MOC) Command Security Corp. $2.45 $2.33 Wk-H: $2.83
- provides security services, U.S. postal service reaffirms $250M contract award; $2M settlement in on-duty meal and rest break lawsuit

NASDAQ
(NASDAQ:UFPI) Universal Forest Products Inc. $37.13 $43.23 $47.83 $58.10 $77.59 Wk-H: $78.67
- wood/lumber, specialty packaging etc., ups semiannual dividend 5% to $0.42/share; CEO named to Fortune's businessperson of the year list
(NASDAQ:EFUT) eFuture Information Technology Inc. $4.26 $11.40 Wk-H: $18.38
- a leading provider of software and services to China's retail and consumer goods industries, corrected unaudited Q3 results

TSX (quote T. and ticker symbol)
(TSX:IVN)(OTCBB:IVPAF) Ivanhoe Mines Ltd. $0.66 Wk-H: $0.70
- developing: DRC's Kamoa & Kipushi Cu-Zn, South Africa's Platreef PGM, Zijin Mining set to complete US$412M into Kamoa copper project

TSX Venture (quote V. and ticker symbol)
(TSXV:IWG)(OTCBB:IWRGF) IWG Technologies Inc. $0.18 $0.22 $0.285 $0.31 Wk-H: $0.34
- focused on aircraft potable water: treatment, systems, heaters and components, FY-2015 record sales +29% and profits +71%
(TSXV:MOM)(OTCBB:MCUIF) Miraculins Inc. $0.13 $0.02 Wk-H: $0.025
- medical diagnostic technology that ids pre/type-2 diabetes with no blood draw or fasting, receives loan extensions; strategic review process

Sign-up at InvestorsGuru.com (or blog.InvestorsGuru.com) for our Small Cap Stock Observer newsletter, and to set-up your own My Portfolio, My Watchlist & Alerts and News by Email preferences, or quote to comment at our AnyTicker.com Bulletin Boards. Free!

Saturday, November 21, 2015

InvestorsGuru.com 9 Filtered Mid-Day Market Movers Recap

Mid-Day Market Movers focus on above average volume, price action, breakout chart trends and news - posted throughout the day live at the top of InvestorsGuru.com and on our Hot Sheet. Below recaps last week's movers, all prices when posted, week high price Wk-H:, with a brief company description and recent news headlines. Submit any ticker symbol to our Detailed Quote Portal (top-left of all pages) for quotes, java charts, research and news, or to comment/share.

NYSE
(NYSE:OME) Omega Protein Corp. $10.75 $23.48 Wk-H: $24.94
- a leading integrated provider of specialty oils, essential fatty acids and specialty protein products, record quarterly revenues and adj. EBITDA
(NYSE:ENZ) Enzo Biochem Inc. $4.75 Wk-H: $4.99
- NY state approves first assay based on AmpiProbe platform aimed at affordable molecular diagnostics in light of reimbursement pressure

NYSE MKT AMEX
(AMEX:RLGT) Radiant Logistics Inc. $3.94 Wk-H: $4.24
- multi-modal transport services, record quarterly revenue $218.7M +$120.5M +122.7%, net rev. %50.7M +92.6%, adj. EBITDA $8.2M +128%

NASDAQ
(NASDAQ:NXST) Nexstar Broadcasting Group Inc. $18.61 $30.79 $49.40 $59.36 Wk-H: $60.56
- media co. reaching 17.3% of U.S. TVs, to acquire 4 WV TV stations for $130M & (NYSE:MEG) for $15.70/sh. (also posted 4 times from $4.16)
(NASDAQ:NUAN) Nuance Communications Inc. $19.97 Wk-H: $20.41
- voice/lang. business/consumer solutions, pro mobile dictation; new diagnostic imaging IT; Q4/FY rev./EPS above guidance, record cash flow

TSX (quote T. and ticker symbol)
(TSX:PLI)(OTCBB:PFSCF) ProMetic Life Sciences Inc. $1.35 $1.61 $1.36 $1.37 $2.07 $2.88 Wk-H: $3.03
- long established biopharm, strategic agr.'s to develop plasma-derived inter-alpha inhibitor proteins; Q3 $5.7M revenue vs. $2.3M Q3-2014
(TSX:SAS)(OTCBB:STADF) St Andrew Goldfields Ltd. $0.25 $0.40 Wk-H: $0.44
- (TSX:KGI)(OTCBB:KGILF) Kirkland Lake Gold offers ~C$0.47/share; Q3 ups guidance to 100K-110Koz, lowers cash cost to US$630-$680/oz
(TSX:EXE)(OTCBB:EXETF) Extendicare Inc. $7.89 $9.43 Wk-H: $9.62
- 112 senior care centers in Canada, Oxford Park Group engagement update; Q3 with agreements to acquire 3 more retirement communities

TSX Venture (quote V. and ticker symbol)
(TSXV:GRC)(OTCBB:GRVFF) Grenville Strategic Royalty Corp. $0.69 $0.80 $0.63 $0.59 $0.71 Wk-H: $0.78
- royalty-based financing for growing ind./tech. co.'s, 7th quarter of positive revenue and adj. EBITDA, ups dividend 40% to $0.07/share yearly

Sign-up at InvestorsGuru.com (or blog.InvestorsGuru.com) for our Small Cap Stock Observer newsletter, and to set-up your own My Portfolio, My Watchlist & Alerts and News by Email preferences, or quote to comment at our AnyTicker.com Bulletin Boards. Free!

Monday, November 16, 2015

InvestorsGuru.com 8 Filtered Mid-Day Market Movers Recap

Mid-Day Market Movers focus on above average volume, price action, breakout chart trends and news - posted throughout the day live at the top of InvestorsGuru.com and on our Hot Sheet. Below recaps last week's movers, all prices when posted, week high price Wk-H:, with a brief company description and recent news headlines. Submit any ticker symbol to our Detailed Quote Portal (top-left of all pages) for quotes, java charts, research and news, or to comment/share.

NYSE
(NYSE:TTI) TETRA Technologies Inc. $10.77 $8.64 Wk-H: $8.86
- geographically diversified O&G services company, Nov. 12 investor and analyst day; Q3 $0.17 aEPS +$0.04/share vs. Q3/14 with guidance
(NYSE:MDR) McDermott International Inc. $5.84 Wk-H: $6.00
- production facilities, pipelines and complex O&G subsea systems, Middle East major EPC deals, rapid Q3 backlog growth; $26.7M Q3 net inc.

NYSE MKT AMEX
(AMEX:GSV)(TSXV:GSV) Gold Standard Ventures Corp. $0.57 Wk-H: $0.63
- exploring its Railroad-Pinion gold project in the Carlin Trend Nevada, hits a further 157m of 1.51g/t North of the Dark Star gold deposit

NASDAQ
(NASDAQ:MPAA) Motorcar Parts of America Inc. $15.96 $21.20 $31.15 $39.69 Wk-H: $41.03
- makes aftermarket auto parts: alternators, starters and wheel hubs, Q2 F-2016 and 6-month results reflect record sales and profits
(NASDAQ:SPHS) Sophiris Bio Inc. $2.55 Wk-H: $3.85
- biopharm developing PRX302 (topsalysin) for the treatment of urological diseases, phase 3 BPH study successfully meets primary endpoint

TSX (quote T. and ticker symbol)
(TSX:ITP)(OTCBB:ITPOF) Intertape Polymer Group Inc. $6.55 $11.70 $15.00 $13.27 $16.49 Wk-H: $17.96
- makes specialized tapes and films, fabrics and packaging systems, Q3 results; acknowledges shareholder letter; buys TaraTape for $11M
(TSX:CAS)(OTCBB:CADNF) Cascades Inc. $9.88 Wk-H: $10.77
- recyclables, green packaging and tissue paper, record Q3; invests $26.4M at its corrugated board plant; $4.5M recycled plastic investment

TSX Venture (quote V. and ticker symbol)
(TSXV:NMX)(OTCBB:NMKEF) Nemaska Lithium Inc. $0.36 Wk-H: $0.39
- developing one of the world's most important spodumene lithium hard rock deposits, Oct. 19 lithium hydroxide/carbonate patent allowed

Sign-up at InvestorsGuru.com (or blog.InvestorsGuru.com) for our Small Cap Stock Observer newsletter, and to set-up your own My Portfolio, My Watchlist & Alerts and News by Email preferences, or quote to comment at our AnyTicker.com Bulletin Boards. Free!

Monday, November 2, 2015

Miners I'm Buying And Why - Part II: Three exceptional value penny stock gold producers - Small-Cap Stock Observer

Three exceptionally deep value penny stock gold producers with huge growth potential

For a look into my contrarian value style of investing, how I currently view overall market risks, why I am buying producing mining stocks instead of bullion going into the next gold cycle, see Part I.

From the few hundred gold and silver stocks I have been studying this year, with about 80% rejected quickly, each of my articles over the next several months will focus on a different group. The good news is that some miners did a great job. Skilled management with some timing luck is usually the difference; but these are just buzzwords and I still need the math to be there—show me the money!

I don't agree with analysts who favour the few remaining gold producers with positive earnings. I focus on vital cash flows, reserves and book value as earnings can be illusive after non-cash items like depreciation and heavy impairments recently which may get revalued again with higher gold prices. P/E positive miners may have fallen less but if their razor thin profit margins start to disappear they could suffer more—I'd rather wait until their downgrades as the dirty laundry gets fully aired out.

Short sellers know that some institutions and ETFs also sell if dividends get cut or shares fall below key $5, $2 or $1 technical levels as call/put optionability ends, some exchanges threaten to delist, or to avoid the stink of holding a penny stock which could raise questions at bonus time. As long as the fundamentals remain intact, contrarians recognize this buy-high sell-low attitude and the extra value it may represent as the stock returns above these key price levels with boosts as institutions buy again.

Until recently I couldn't find any penny gold stocks with leveraged tangible value. To me that means companies still building cash operating profitable mines at current gold prices, with little debt and world-class resources offering superior growth for many years. In other words the babies thrown out with the bathwater which probably would have been acquired by now in a better gold market.

I'm also starting with these very low priced stocks as their charts seem to have plateaued which is when I prefer to build positions over time. Other mining stocks I like are technically still sliding down the wrong side of the mountain and hopefully will also signal a bottom before I write about them.

(TSX:PRU)(ASX:PRU) Perseus Mining is listed on the TSX and ASX with a 2011 high of C$4.21, now trading at $0.33 per share. This Australian gold company focuses on production and development in West Africa. The projects overview at the company's website describes Edikan as a group of large deposits with 2.35Moz of P&P reserves at 1.2g/t plus 5.25Moz of M&I and 2.17Moz of Inferred at 1.0g/t. With 480km2 centred in Ghana's Ashanti gold belt, Edikan started commercial production in 2012 with exploration ongoing to extend mine life at nearby prospects: Bokitsi, Mampong, Pokukrom and Agyakusu. East of Edikan is their 39km2 Grumesa with 471Koz of M&I plus 247Koz of Inferred.

The company's Ivory Coast Tengrela project shows the Sissingue gold mine has 427Koz of P&P reserves at 2.4g/t plus 880Koz of M&I and 63Koz of Inferred at 1.7g/t. April's revised feasibility study confirms robust economics and July's news said mine construction would start in the September quarter with a first gold pour in 14 months. Nearby prospects include: Mbengue, Mahale and Napie.

Perseus also has a strategic alliance and owns 12% of Burey Gold, with a first right of refusal on the sale or farm-out of its Guinea, Democratic Republic of Congo and other African mineral interests.

Quote T.PRU at our website and then click the Financials tab which shows the real magic. As of the end of June Perseus had approximately: $100M cash, $39M receivables, $42M inventory and $6M prepaids or almost $208M in current assets versus current liabilities of less than $37M. Shareholder's equity is $550M which is over three times its current market capitalization of $175M, with no debt!

The 2015 financial year report on August 28 shows a record profit after tax of A$92.2M or 16.7 cents per share, up A$124.2M or 288% compared to FY2014 results. Highlights include: revenue +26%, expenses -10%, foreign exchange gain of $52.4M, cash +181% to A$103.7M or 19.7cps, cash and bullion +61% to A$127.3M or 24.2cps, working capital +157% to A$177.6M and no third party debt!

Edikan's gold production was +17% to 212Koz, AISC -32% to US$877/oz sold at US$1,324/oz on average. This 200Koz+ mid-tier should grow as its mines have low costs now and the pit shells can be adjusted to make money well below $1k gold. While other profitable low-cost producers are rewarded with premium share valuations, PRU now trades at a P/E of only 2.2—that's not a typo, not 22 but 2!

Perseus' October 21 activity report shows Edikan's quarterly production of 44,267oz meets guidance with unit mining costs -45% and processing costs -15%. All-in site costs were 4% below the bottom end of guidance at US$1,060/oz (including development and sustaining capital) sold at an average of US$1,291/oz. Open-pit development remains on schedule and under budget. At Sissingue a mining convention was signed with the Ivorian government and early works have started with a full-scale construction decision set for the December quarter pending satisfactory financing.

PRU's market cap is less than its A$191.2M debt-free working capital base after adjusting for the 7% lower Ausi dollar. As of September 30 Perseus' cash and bullion was A$131.8M, up A$4.5M for the quarter. Subtracting A$131.8M or ~C$123M from the C$175M market cap means the market values the rest of the company at only C$52M. Surely the plant and equipment alone are worth more than this, which means we can't value the 2.78Moz of proven and probable reserves, or 12Moz identified in all categories, as they are totally discounted—priced at less than zero! Still believe in efficient market theory? Please don't wake up private equity!

While I prefer miners in safer jurisdictions and with a tighter than ~529M share structure, I have to give Perseus top marks in every other area. Whether by skill or luck they even locked in superior profit margins with futures starting when gold was around $1,500/oz—last month's report shows 149Koz sold forward at US$1,240/oz, worth A$26.5M. Non-US miners (with gold revenue priced in US dollars and costs paid in local money) can also act as a natural hedge against opposing USD/gold price swings as they can win even as gold falls as long as this is offset by lower local currencies.

Now you can see why Perseus Mining was recently added as the #1 stock on our Top 30 Small Caps. Can anyone show me another producing gold miner making money at C$0.33 per share with half of this in profits, more than two-third in cash and bullion, debt free and with world-class assets of 12M essentially free ounces to mine for decades? Here's an interesting CEO interview video made in 2014.

(AMEX:BAA)(TSX:BAA) Banro is listed on the NYSE MKT AMEX and TSX with a 2012 high of US$6.05, a 2006 high of US$14.60 or C$16.50, now trading at US$0.18 per share. This Canadian gold company focuses on production and development in the Democratic Republic of Congo (DRC). Banro's 14-year Twangiza mine started commercial production in 2012 and has 1.64Moz of P&P reserves at 2.28g/t, plus 810Koz of M&I oxide ore at 2.02g/t and 60Koz of Inferred at 1.32g/t, plus 4.45Moz of M&I transition and fresh ore at 1.43g/t and 420Koz of Inferred at 1.12g/t. Last week's strong Q3 production report was 34,824oz +28% versus Q3 last year, with 105,092oz so far this year.

Banro's second mine continues to ramp up with commercial production expected by the end of this year. The Namoya mine is 200km southwest of Twangiza and has 1.27Moz of P&P reserves at 1.92g/t, plus 1.74Moz of M&I at 1.88g/t and 330Koz of Inferred at 1.63g/t. Heap leaching oxide ore takes several months for full gold recovery with stacking levels now at 447K tons. Q3 production was 12,157oz +160% versus Q3-2014 and at full capacity Namoya should produce 9K-10Koz per month.

Banro's 2015 guidance is 175K-195Koz which may grow to 250Koz+ per year over the next year or so on these two mines alone. That's enough short to near-term production growth to catch my attention but there's so much more. In between these two operating mines are two more large mines to be developed. Lugushwa has 730Koz of Indicated oxides at 1.35g/t and 310Koz of Inferred at 1.56g/t, plus 3.22Moz of Inferred transition and fresh at 1.54g/t. Kamituga has 320Koz of Inferred surface ore at 2.40g/t and 600Koz of Inferred underground ore at 6.00g/t.

The scaleable potential of these world-class, high-grade, open-pit gold plays are what really excites me. Banro has 13 mining licenses over 2,616km2 of all the major historical gold producing areas of the Twangiza-Namoya belt where ~2.4Moz were previously mined. The company was also awarded 14 exploration permits covering 2,638km2 between its projects, with additional permits pending. Not just a series of properties or even a district usually measured in hectares, Banro is a first mover play on most of Africa's last-known undeveloped gold belt spanning over five thousand square kilometres!

After a decade of exploring only 5% of their claims, Banro has identified 15.9Moz of resources so far, broken down as 2.91Moz of P&P reserves at 2.11g/t for Twangiza and Namoya, plus 7.73Moz of M&I at 1.55g/t and 5.26Moz of Inferred at 1.67g/t over all four mines. The company's goal is to be a 500Koz+ per year very low cost gold producer that earns its motto, "the passion of a junior, the assets of a major." This Banro Corp. company video is informative but is a few years old.

BAA's August 12 Q2 shows record quarterly and half-year revenues of $42.6M +61% versus Q2 last year, and $83.6M +47% versus H1-2014. EBITDA of $34M +210% was also a record, versus H1-2014's $11M loss. Twangiza's H1-2015 cash costs were $558/oz -30% from $794/oz and AISC was $643/oz -29% from $902/oz in H1-2014. Twangiza's gold reserves even swelled +59% which extends the mine life back to 14-years utilizing the existing processing plant.

However, Banro's balance sheet is the main reason why BAA is only my second favourite gold stock—at least for now. As of June, current assets were ~$62M versus ~$112M in current liabilities, and with long-term debt of ~$166M. Debt is debt but this seems manageable with high-margin production ramping up nicely at both mines. Cash flow is building but has been needed to complete Namoya—see the Q2 mine under construction investment table which now is up to ~$396M.

Financing with debt or streaming to finish a producing mine is actually preferred over massive equity dilution at only pennies per share. With debt, and even after a ~$50M impairment charge, BAA still shows ~$450M in shareholder's equity, or ten times its current market value of $45M. Hopefully with Namoya nearly done, debt will be knocked out quickly to protect the common shareholders.

BAA's Q2 balance sheet shows ~$45M cash and inventory which is equal to its absurdly low $45M market cap. Why is BAA trading at cash with record revenues and EBITDA, huge high-grade gold resources at extremely high margins, tons of net equity to borrow against if needed, as its second mine ramps up production? The Sept 29 news that BAA's NYSE MKT listing may require higher share prices by the spring may upset some but doesn't affect intrinsic values. BAA may go higher by then, they could roll back and consolidate the share structure, or just trade on the TSX. What am I missing?

Many investors consider Africa unstable and the DRC especially risky. While I agree, everywhere has risks and I believe the DRC needs Banro as much as the reverse. Banro has employed thousands, built 500km+ of public roads and 90 bridges and supports many businesses. Its charity has completed 70+ social developments including 10 new schools plus 2 rehabs, a university women's residence, 4 health facilities, a marketplace, 4 water systems for 33K people, 2 basketball courts, sustainable farming etc. Future projects include a hydroelectric dam to benefit all while lowering Banro's energy costs around $100/oz! Banro received Best Employer in May and on October 19 won Best Performer in Social Investment with its founder nominated for Lifetime Achievement at the DRC Mining Awards.

(AMEX:TGD)(TSX:TMM) Timmins Gold is listed on the NYSE MKT AMEX and TSX with a 2012 high of US$3.47, now trading at $0.20 per share. This Canadian gold company focuses on production and development in Mexico. Timmins owns and operates the San Francisco open-pit, heap-leach gold mine in Sonora with reserves of 1.6Moz at 0.54g/t that currently produces 115K-125Koz per year at ~$800/oz cash costs with potential for higher grades along strike and at depth under the existing pit.

Timmins plans to grow its annual production profile to 220koz+ by developing its recently acquired Caballo Blanco 7.5-year project in Vera Cruz with ~688Koz-Au + ~1.3Moz-Ag recoverable at an $85M capex and $784/oz cash costs, and to 320Koz+ with its advanced Ana Paula 8.2-year project in the Guerrero gold belt. Ana Paula was acquired through the Newstrike Capital merger in May and looks more likely to be developed first with higher values of 1.86Moz-Au + 7.1Moz-Ag of M&I at a gold equivalent of 1.47g/t and 68Koz-Au + 664Koz-Ag of Inferred at 1.23g/t-AuEq.

TGD's December FY2014 balance sheet first caught my eye which shows approximately: $27M cash, $15M receivables, $47M inventory and $1M prepaids or almost $90M in current assets versus current liabilities of less than $38M which includes $14M in short-term debt. Shareholder's equity is $214M which is almost four times its current market cap of $57M, with no long-term debt. After the Newstrike merger the July 30 Q2 report now shows $81M in current assets versus $41M in current liabilities. Although these current amounts moved about 10% the wrong way, total assets grew 22% or $68M from $312M to $380M as total liabilities rose less than 2% or $2M from $98M to $100M.

Subtracting $40M in working capital from TGD's $57M market cap values the rest of the company at only $17M. Again the plant and equipment alone should exceed this, which means the gold at their operating mine plus the two mines acquired this year for around $125M have been totally discounted. The market is saying that Timmins' 1.6Moz of reserves plus over 2.6Moz in other categories, plus exploration potential from various claims on 200K+ hecatres of mineral rights in Northern Sonora, 45K+ha north of Zacatecas, 47K+ha south of Nayarit plus others areas are all worth nothing—wrong!

I thought TGD was undervalued even at this year's $1.27 high in January but I remained on the sideline as gold stocks were still sliding and were especially punished after making acquisitions. Short sellers lean even more on stocks that ETFs might unload if their market caps fall below arbitrary minimum levels and I knew (NYSE:GDXJ) Market Vectors Junior Gold Miners held 18M+ shares.

The GDXJ rebalances on the third Friday of each quarter and on September 18, with TGD's market cap below $75M, I had stink bids in hoping for an end-of-day avalanche. TGD/TMM daily volume was around 1M but traded over 24M shares that day. The GDXJ's 35M+ share hoard of Perseus was dumped then as well and its 25M+ shares of Banro were jettisoned September 19, 2014 near its low.

With the cloud of GDXJ selling now out of the way, TGD may have finally formed a bottom base. After the market close on that eventful Friday, Timmins announced the acquisition of a process plant for C$8M that will save US$40-60M in Ana Paula capex costs with (NYSE:GG)(TSX:G) Goldcorp making a C$6M investment to hold ~9.9% of its shares. Timmins may still need another ~US$100M but this should be easier now with a big chunk of its capital costs already out of the way.

However, I didn't like TGD's July 30 Q2 report with 2015 guidance lowering production by 15Koz at $875-$925/oz cash costs. Another concern was the October 6 leadership change news which also said their Q3 will provide an updated mine plan with a significant asset impairment charge. I can only guess if this is from low share prices and low gold, to position the company for financing or a buyout to appease some large shareholders, or something more serious. More should be known tomorrow after its Q3 operating and financial results. I found this Timmins Gold stock valuation video helpful.

My calculations and observations are as an individual investor and are not recommendations. Data comes from financial reports, news releases, company websites and other public sources that may not be accurate, complete or up to date. There may be conflicts of interest as I own stock in some of these companies. I share these ideas in hopes that readers will comment on them and on other company stock boards at our website with their own insights, opinions and anything I may have missed. I mentioned the above three gold stocks in an interview with Palasade Radio, posted yesterday.

Sign-up at InvestorsGuru.com (or blog.InvestorsGuru.com) for our Small Cap Stock Observer newsletter, and to set-up your own My Portfolio, My Watchlist & Alerts and News by Email preferences, or quote to comment at our AnyTicker.com Bulletin Boards. Free!

Please note that nothing in this report should be taken as a recommendation in any way, and that everything from InvestorsGuru.com is subject to the terms of our Privacy Policy and Disclaimer.

Saturday, October 31, 2015

InvestorsGuru.com 6 Filtered Mid-Day Market Movers Recap

Mid-Day Market Movers focus on above average volume, price action, breakout chart trends and news - posted throughout the day live at the top of InvestorsGuru.com and on our Hot Sheet. Below recaps last week's movers, all prices when posted, week high price Wk-H:, with a brief company description and recent news headlines. Submit any ticker symbol to our Detailed Quote Portal (top-left of all pages) for quotes, java charts, research and news, or to comment/share.

NYSE MKT AMEX
(AMEX:INUV) Inuvo Inc. $1.05 $1.43 $1.80 $1.26 $1.83 $2.34 $2.88 $2.96 Wk-H: $3.09
- advertising technology and digital publishing services, at Nov 5 MicroCap Conf.; record Q3 revenue +48% with net income +62% to $651K

NASDAQ
(NASDAQ:SIRI) Sirius XM Radio Inc. (25 posts since $0.73 in 2010) $4.08 Wk-H: $4.18
- world's largest radio broadcaster by revenue with 29M subs., Q3 record revenue $1.17B +11%, net inc $167M +22%, EBITDA $447M +17%
(NASDAQ:XOMA) XOMA Corp. (2013: $4.07 $5.83) $1.27 Wk-H: $1.40
- discovers & develops therapeutic antibodies, Q3 Nov 5; initiates XOMA 358 proof-of-concept study for congenital hyperinsulinism patients

TSX Venture (quote V. and ticker symbol)
(TSXV:MTO)(OTCBB:MEAOF) Metanor Resources Inc. (2013: $0.16 $0.21 $0.15 $0.175) $0.045 $0.055 $0.05 Wk-H: $0.055
- high-grade gold producer with a mill in Que+Ont, PP & ups drilling; 38.4m 6.7g/t Au; Q4/FY results; new auriferous corridor near surface
(TSXV:GQC)(OTCBB:GDQMF) GoldQuest Mining Corp. (2012: $1.37) $0.16 Wk-H: $0.20
- focused on its 100% owned Romero Au-Cu deposit in the Dominican Republic, pre-feasibility drilling 224m 4.8g/t Au-Eq; C$3.5M $0.11 PP
(TSXV:NGE)(OTCBB:NVDEF) Nevada Exploration Inc. $0.33 Wk-H: $0.94
- focused on covered gold deposits in Nevada, new drill data confirms presence of a large, gold-bearing hydrothermal system at Grass Valley

Sign-up at InvestorsGuru.com (or blog.InvestorsGuru.com) for our Small Cap Stock Observer newsletter, and to set-up your own My Portfolio, My Watchlist & Alerts and News by Email preferences, or quote to comment at our AnyTicker.com Bulletin Boards. Free!

Thursday, October 22, 2015

My Gold Value Thesis, Miners I'm Buying And Why - Part I: ABX Barrick Gold Is Still Not Cheap - Small-Cap Stock Observer

Extraordinary returns from timing mega-cap crashes

I have been writing about mining companies of all sizes and types since our websites and newsletters started over 20-years ago. Back then junior explorers' stock prices could soar on just the announcement of ground being staked near a major discovery, such as Diamond Fields' Voisey's Bay nickel-copper-cobalt play or Aber's Diavik diamond rush into Canada's north.

These junior close-ology plays could last a few years on each wave of anticipation going into new rounds of drilling. In the end most crashed on results or as the Bre-X scandal broke, or simply faded away as financing dried up and investor interest switched to dot-com stocks. Many junior explorers even changed into hot new internet plays just in time for this next market bubble to pop.

This article is not about these kinds of mining stocks. There will be a time when very high-risk speculative story plays will be in favour again, but it is certainly not now. Why even bother with new greenfield explorers when we may be at, or at least near, a special generational event when stock prices of established producers become so washed out that they can truly be considered value stocks.

Not just mining, this is true for all risk assets including the biggest industrials. Just over seven years ago every major stock market worldwide crashed with the bluest of blue chips in the S&P 100 and even the Dow 30 falling 50% to 90% within a year. While small-caps generally outperform large-caps over time, why lose sleep looking beyond the safest mega-caps whenever they get this cheap.

How soon we forget the many boring (NYSE:DJIA) listed household names which became 5+ baggers or more from their March 2009 lows to their 2014-2015 year highs:

For those a little more adventurous or greedier than Dow returns you didn't have to find the next hot biotech with a strange and unfamiliar name or even stray that far on the risk scale to find 10+ baggers. Here's five more well known companies that I was following closely back then:

I'm not saying that I bought all of these stocks or even that it's easy. For example, after doing my homework on CBS in the $30's I had told myself that if it ever got down to $20 to start looking for an entry level. The stock sliced so fast through $20, $15, $10, $5 and then $3 that it spooked me away from buying—they must be going out of business and I'll have no football to watch between the truck commercials. The funny thing is that even if I had jumped in at $20, to then plunge 85% over the next year, I still could have tripled my investment; better timing could have produced as much as 20X!

Most readers' emotions right now might range from fear to excitement. The key point to remember is that contrarian investing only works when dealing with great businesses with sound fundamentals that you know will come back as the economy and stock markets improve. Losses can be tolerated for a while as long as the company has a proven track record with valuable assets and low debt.

You can't find this type of safe value at extremely low prices anymore. Mega-cap stocks are not cheap, bonds have next to no yield and remain dead money with real-estate still dicey. Where will the major money flows hide when the interest rate Boogiewoman becomes more than just a threat?

Analysts provide useful data but I never look to them for advice. They have conflicts, their estimates and targets are usually wrong and they are almost always late. Look back at any of the above stocks and you will find that most were Buys at the top and Sells at the bottom, or at best Sells disguised as a Hold. I guess you could say I'm a contrarian investor that sees analysts as inverse value indicators.

How contrarian value investing now applies to select gold miners

Gold was shunned as it bottomed at $252 per ounce in 2001, loved a decade later as it eclipsed $1,900 and is unloved again at today's $1,167. Many believe gold's revival came from fear trades after 9/11 to the mortgage crisis, with down momentum returning as stock markets strengthened with low inflation. Others point to buying or selling by central banks and Asia, to many other supply and demand factors.

I believe these are just near-term trends within a long-term secular gold bull market, like symptoms or treatments that affect gold prices but don't cure the debt disease. In 2009 when comparing the 1980 money supply and price inflation with today's, I wrote that gold could continue its run to $2,003 and silver at its historic 16:1 ratio to $123 per ounce. In 2011 gold got to $1,922 and silver hit $50. Gold ran more than $1,000 over its 1980 high as silver quadrupled but just touched its previous high again.

The reasoning behind this hasn't changed as the many trillions of extra currency issued as debt since the great recession hasn't changed—it's still out there! Much of these extra trillions don't yet circulate on main street where prices could spike as credit gets spent. Instead it was issued to save the banks which can borrow for free and get windfall profits speculating in securities. Watch how gold jumps a buck or two on reports of refugees fleeing or violence escalating in Syria while it moves $20 or so on a U.S. labour report or Janet Yellen coughing just a hint about the timing of interest rate hikes.

I also believe we actually have seen above average inflation simply hidden in the CPI as shrink-flation where product portions keep going down while prices stay the same. However we haven't seen 1970's style inflation which is a very possible outcome in a continuing economic recovery with a robust expansion. High or hyper inflation is a best-case scenario for gold and gold investments.

Conversely as crunch time comes when the banks' free ride is over, with interest rates and lease prices rising on hedged carry trades to complex derivatives now representing well over a quadrillion dollars in counterparty credit default risks, how can this all unwind safely? As the next bubble bursts and economies fall into another recession, investors will again look to gold for shelter from uncertainty whether by bank failures, markets or currency crashes, political corruption or war.

I'm starting to make Dr. Doom look cheery. This may seem extreme but has already happened. Equity margin leveraged at 10:1 imploded the 1929 stock market and portfolio insurance with blind program trading exacerbated the 1987 crash. Mortgage debt at 40 to over 100:1 brought Lehman and other banks down in 2008 and almost collapsed the global economy. In any event gold has held its value as real money for thousands of years and will continue to do so. On the other hand every government fiat currency scheme ever conceived has eventually failed and in the meantime persistently loses value.

So why is gold only $1,167 an ounce today? In secular bull markets it is not uncommon to have corrections that can last weeks to a few years. At the end of 1974 gold topped at just under $200 but didn't bottom until the end of August 1976 at just over $100. Gold then steadily climbed back to $200 over the next two years when I'm guessing many investors sighed in relief to be able to sell at their breakeven. Gold then went parabolic and didn't finally top until the end of January 1980 at $850.

This time gold seems like it only went up for a decade until late 2011 but actually pulled back 10% to 20% or more several times. The current 4-year correction from gold's 2011 top still isn't as deep as the 1975-1976 correction. Technical analysts use Fibonacci retracement ratios of 23.6%, 38.2%, 50% and 61.8% to find key support levels. Here's my math for the 50% Fib: $1,922 - $252 = $1,670 - 50% = $835. $1,922 - $835 = $1,087. Interesting how gold's summer low touched $1,072 to close at $1,086!


Maybe that's the bottom as other newsletters have proclaimed recently. Then again didn't they call last year's low the bottom, and again the year before that? I'm not waving any flags yet. Instead let's look next at the 61.8% support at $890 per ounce. Also interesting is that these levels are very close to gold production all-in sustaining costs and operating cash costs—where miners breakeven and shut down.

Surveys were showing average cash costs at around $950 an ounce with AISC around $1,150. These vary from mine to mine for many reasons and may be $50 to $100 per ounce lower now as most producers have been cutting labour, capex, opex and exploration costs and by high-grading resources. All miners are price takers and other than improving efficiencies and hedging with futures there is no way to add brand value to their end product—one miner's gold is as good as another's.

Some say that if gold breaks its summer low there is little support until the key $1k psychological price level. Others say the cyclical cure for low prices is low prices and that sub $1,000 gold would result in so much supply being shut off that gold should turn around for this reason alone. Based on average mining costs I can't see gold going much below $1,000 unless a major producer suddenly goes bankrupt and spooks the market, which could create the high volume selling climax moment that often marks the bottom as short sellers cover and bargain hunters step in. So I still need a margin of safety in case prices overshoot on the downside or the turnaround takes longer than anticipated.

This is why I am only considering miners with millions of proven high-grade low-cost ounces and a strong balance sheet with low debt and enough cash to pull through. Both parts must be there as what good is it to own a great asset that you can't afford to develop? To do so means years of studies and permitting to then dilute your interests as millions in shares and debt are issued, or by giving hefty chunks of your upside away via joint ventures, royalties or streaming arrangements to finance mine construction. I like some developers too, but producers turnaround first as they have completed all of these steps therefore derisking and simplifying your analysis of a company's true value and potential.

In the 1990's you had to accept lots of drilling risk to get into gold cheaply. For the decade prior to 2012 you simply had to hold bullion or ETFs like (NYSE:GLD) or (NYSE:SLV) to beat the market. The strange thing is that miners in general did not keep up with their underlying metal prices. Why?

Higher commodity prices instantly increase implied resource values and should have a multiplier effect on producers' profit margins and share prices. But this only works if growth and costs are well managed—they weren't! Typical of boom-bust cycles in other industries, major producers issued tons of shares and amassed huge debt acquiring companies with resources now worth much less and often uneconomical at today's lower metals prices. Shareholder value was further diluted paying Wall Street style management payouts as earnings were stalling, as energy and other costs kept rising.

Higher commodity prices didn't turn into the profits, dividends, share buybacks etc. that investors expected. Gold producers' shares did go higher for a while, but a double is hardly satisfying if your revenues and margins should be going up closer to the seven-fold increase in the gold price. They M&A'd all the way up and have scrambled to sell all the way down to clean up their balance sheets.

Investors hate mining stocks even more now as lower commodity prices are still outperforming shares of most miners—especially risk adjusted. Gold hasn't even halved as the vast majority of all mining stocks are now trading at around 10% of their 2011 high. I believe the major producers have learned a painful lesson and that mining stocks will outperform during the next upcycle as they used to do!

Barrick Gold Is Still Not Cheap

Most of the major gold producers which I have looked at recently still have really ugly balance sheets. During past downcycles you could simply buy (NYSE:ABX)(TSX:ABX) Barrick Gold at $20 and wait for it to double again. Today at even a third of that price I see better value.

ABX when quoted at our website shows a price of US$7.51 and market capitalization of $8.75B, with a negative P/E but still pays a $0.02 quarterly dividend yielding 1%. If you click the Financials tab and select Quarterly you see June total assets of ~$33B versus total liabilities of ~$23B.

The $8.75B market cap is now 14% below shareholder's equity of ~$10.2B, much better than earlier this year. However, many of the gold stocks I follow are trading at substantially deeper discounts to book value. ABX is now down 46% from its 52-week high of $13.87 but is still not as cheap as I would like to see. At least it no longer trades at a premium to equity.

My other concern is long-term debt which the June Q2 shows as $12.4B. Debt exceeds both ABX's market value and shareholder's equity which may represent leverage risk with a debt to equity ratio that I calculate at 2.26, which still seems high. While this is enough to make me look elsewhere, I wouldn't sell on that alone but would at least check what analysts and the rating agencies are saying.

I am watching Barrick's $3B debt reduction plan which has resulted in $2.45B so far in mine sales and joint ventures, a recently closed innovative streaming deal with (NASDAQ:RGLD)(TSX:RGL) Royal Gold worth $610M with ongoing gold and silver payments from ABX 60% and (NYSE:GG)(TSX:G) Goldcorp's 40% Pueblo Viejo mine in the Dominican Republic, reducing capex by $300M and G&A by $90M next year. ABX has also paid back ~$250M with additional debt tender offers still open.

I remain on the sideline for now and won't even look at gold resources or growth potential until debt fixes are further along, or ABX retests $5 and gets cheap enough compared to book value to warrant at least a punt. I don't mean to pick on Barrick but as the world’s leading gold miner, with projects spanning five continents, it is a bellwether stock that may tell us the healing state of the whole sector.

ABX releases its hopefully not too scary Q3 after the close three days before Halloween. Some of my future articles will focus on the majors and mid-cap producers I'm following closest right now, which I hope will be cheaper by then. In the meantime, Part II next week focuses on three exceptional value penny stock gold producers with huge growth potential—one with essentially free gold and no debt.

My calculations and observations are as an individual investor and are not recommendations. Data comes from financial reports, news releases, company websites and other public sources that may not be accurate, complete or up to date. There may be conflicts of interest as I own stock in some of these companies. I share these ideas in hopes that readers will comment on them and on other company stock boards at our website with their own insights, opinions and anything I may have missed.

Sign-up at InvestorsGuru.com (or blog.InvestorsGuru.com) for our Small Cap Stock Observer newsletter, and to set-up your own My Portfolio, My Watchlist & Alerts and News by Email preferences, or quote to comment at our AnyTicker.com Bulletin Boards. Free!

Please note that nothing in this report should be taken as a recommendation in any way, and that everything from InvestorsGuru.com is subject to the terms of our Privacy Policy and Disclaimer.

Saturday, September 26, 2015

InvestorsGuru.com 6 Filtered Mid-Day Market Movers Recap

Mid-Day Market Movers focus on above average volume, price action, breakout chart trends and news - posted throughout the day live at the top of InvestorsGuru.com and on our Hot Sheet. Below recaps last week's movers, all prices when posted, week high price Wk-H:, with a brief company description and recent news headlines. Submit any ticker symbol to our Detailed Quote Portal (top-left of all pages) for quotes, java charts, research and news, or to comment/share.

NYSE MKT AMEX
(AMEX:AMPE) Ampio Pharmaceuticals Inc. (2013: $6.15 $7.70 $9.90) $3.39 Wk-H: $4.15
- developing compounds to decrease inflammation, receives FDA's Special Protocol Assessment and starts 2nd Phase III pivotal trial of Ampion
(AMEX:CANF) Can-Fite Biopharma Ltd. $3.37 $4.11 Wk-H: $5.78
- drugs for inflammatory and cancer diseases, to issue 2M+ shares at $4.35 per ADS; FDA grants Fast Track to CF102 to treat liver cancer
(AMEX:TRXC) TransEnterix Inc. $2.86 Wk-H: $2.93
- medical device co. using robotics to improve minimally invasive surgery, rings NYSE opening bell; acquires ALF-X surgical robotic system

NASDAQ
(NASDAQ:TAST) Carrols Restaurant Group Inc. $13.42 Wk-H: $14.00
- largest U.S. Burger King franchisee with 661 restaurants, Aug. 7 completes acquisition of five Burger Kings in South Carolina; strong Q2

TSX Venture (quote V. and ticker symbol)
(TSXV:VID) VidWRX Inc. $0.12 Wk-H: $0.135
- scalable cloud-based video production solutions, expands (NASDAQ:GOOGL) Google Partner programs, launches video ad incentives
(TSXV:MTO)(OTCBB:MEAOF) Metanor Resources Inc. (2013: $0.16 $0.21 $0.15 $0.175) $0.045 $0.055 Wk-H: $0.06
- high-grade gold producer with its own mill and 4-Quebec plus 1-Ontario properties, intersects 10.1 g/t Au over 26.2 meters near surface

Sign-up at InvestorsGuru.com (or blog.InvestorsGuru.com) for our Small Cap Stock Observer newsletter, and to set-up your own My Portfolio, My Watchlist & Alerts and News by Email preferences, or quote to comment at our AnyTicker.com Bulletin Boards. Free!

Saturday, September 19, 2015

InvestorsGuru.com 10 Filtered Mid-Day Market Movers Recap

Mid-Day Market Movers focus on above average volume, price action, breakout chart trends and news - posted throughout the day live at the top of InvestorsGuru.com and on our Hot Sheet. Below recaps last week's movers, all prices when posted, week high price Wk-H:, with a brief company description and recent news headlines. Submit any ticker symbol to our Detailed Quote Portal (top-left of all pages) for quotes, java charts, research and news, or to comment/share.

NYSE
(NYSE:HMY) Harmony Gold Mining Co. Ltd. $0.75 Wk-H: $0.96
- one of South Africa's largest mining co.'s and a major gold producer, bounces off of decades lows after various losses and downgrades

NYSE MKT AMEX
(AMEX:MDGN) Medgenics Inc. $9.26 $8.01 $8.36 Wk-H: $9.96
- developing TARGT (Transduced Auto. Restorative Gene Therapy) to treat orphan/rare diseases, acquires phase 2-ready CNS program: NFC-1
(AMEX:MCZ)(TSX:MCZ) Mad Catz Interactive Inc. (2013: $0.455 $0.51 $0.59 $0.67 $0.80) $0.56 Wk-H: $0.64
- brands: Mad Catz (gaming), Tritton (audio) & Saitek (simulation), next gen. high perf. PC gaming mice; new surround sound gaming headset

NASDAQ
(NASDAQ:COLL) Collegium Pharmaceuticals Inc. $18.19 Wk-H: $24.75
- announces FDA advisory committees unanimously recommend approval of Xtampza ER, an abuse-deterrent analgesic for chronic pain
(NASDAQ:APDN) Applied DNA Sciences Inc. $4.92 Wk-H: $6.08
- Patronus Syst. 5-yr. exclusive; ISO 9001:2008 QMS cert.; acquires Vandalia Research assets; partners to dist. SmokeCloak DNA fog security
(NASDAQ:WPCS) WPCS International Inc. $0.91 $1.51 Wk-H: $1.70
- contracting services for communications infrastructure, $542k Q1-16 net income; Jul/Aug Suisun City operations adds $3M in new contracts

TSX (quote T. and ticker symbol)
(TSX:CCM)(OTCBB:CRCUF) Canarc Resource Corp. $0.055 Wk-H: $0.065
- north/central B.C. explorer with 1.1M oz. high-grade underground New Polaris mine, Aug. 25 arranges C$0.75M $0.06/share p.p. financing

TSX Venture (quote V. and ticker symbol)
(TSXV:PTG)(OTCBB:PVVTF) Pivot Technology Solutions Inc. $0.31 $0.56 Wk-H: $0.62
- helps businesses improve efficiency, reduce complexity and enhance service via virtualization and cloud computing, strong Q2 results
(TSXV:DJI)(OTCBB:DJIFF) Dajin Resources Corp. $0.09 $0.13 Wk-H: $0.16
- U.S./Argentina Li/REE, completes Teels Marsh geoprobe exploration; A1XF20 now on Frankfurt's Xetra; expands Alkali Lake lithium project
(TSXV:TYE)(OTCBB:TRYXF) Troymet Exploration Corp. $0.01 Wk-H: $0.015
- Redhill copper-gold-zinc-silver VMS in B.C. and Wildcat gold-silver in central Utah, completes Redhill field program; updates projects status

Sign-up at InvestorsGuru.com (or blog.InvestorsGuru.com) for our Small Cap Stock Observer newsletter, and to set-up your own My Portfolio, My Watchlist & Alerts and News by Email preferences, or quote to comment at our AnyTicker.com Bulletin Boards. Free!

Saturday, September 12, 2015

InvestorsGuru.com 10 Filtered Mid-Day Market Movers Recap

Mid-Day Market Movers focus on above average volume, price action, breakout chart trends and news - posted throughout the day live at the top of InvestorsGuru.com and on our Hot Sheet. Below recaps last week's movers, all prices when posted, week high price Wk-H:, with a brief company description and recent news headlines. Submit any ticker symbol to our Detailed Quote Portal (top-left of all pages) for quotes, java charts, research and news, or to comment/share.

NYSE
(NYSE:DY) Dycom Industries Inc. $21.95 $64.85 $75.94 Wk-H: $77.75
- specialty contractor/engineer/construct./maint./install svcs. to utilities, presenting at ind. conf.; addl. $50M stock buyback; Q4/FY results
(NYSE:TC)(TSX:TCM) Thompson Creek Metals Co. Inc. (2013-2014: $3.81 $2.55 $2.64 $2.95) $0.57 Wk-H: $0.73
- B.C. open-pit mines: Mt. Milligan Cu-Au, 75% Endako Mo, developing Berg Cu-Mo-Ag, Thompson Creek Idaho Mo, Aug. 6 reports Q2
(NYSE:MPO) Midstates Petroleum Co. Inc. $0.85 $6.17 Wk-H: $7.70
- focused on underdeveloped hydrocarbon trends in OK, TX & LA, Aug. 19 meets NYSE continued listing standard after 1:10 reverse stock split
(NYSE:WG) Willbros Group Inc. $1.66 Wk-H: $1.82
- serves the oil, gas, power, refining and petrochemical industries, to present at 14th annual engineering & construction conference

NYSE MKT AMEX
(AMEX:BTX) BioTime Inc. $3.90 $5.44 $3.63 Wk-H: $3.75
- biotech focused on cell-based therapies, now dual listed on Tel Aviv Exch.; CEO was keynote speaker at Stem Cells & Regen. Med. Congress

NASDAQ
(NASDAQ:SIXD) 6D Global Technologies Inc. $3.13 Wk-H: $3.50
- digital business marketing and tech. solutions, NASDAQ halts for more info; recognized as an Adobe Experience Manager Specialized Partner

TSX Venture (quote V. and ticker symbol)
(TSXV:PE)(OTCBB:HMGLF) Pure Energy Minerals Ltd. $0.43 $0.76 Wk-H: $0.82
- focused on developing its 8k-acre Clayton Valley South Nevada Lithium-Brine Project, recent NI 43-101 inferred LCE resource
(TSXV:EUO)(OTCBB:EUCTF) Eurocontrol Technics Group Inc. $0.15 $0.19 Wk-H: $0.205
- specializes in innovative energy technologies, H1 EBITDA +205%; Aug 18 SICPA LOI Global Fluids Intl. sale for $16M + $9M min over 6-years
(TSXV:LAB) Imperus Technologies Corp. $0.21 Wk-H: $0.28
- developer of social and mobile gaming for PC, Mac, iOS and Android platforms, enters into option agreement to acquire Akamon Entertain
(TSXV:RRS)(OTCBB:GCRIF) Rogue Resources Inc. $0.125 Wk-H: $0.16
- Lac de la Grosse Femelle silica project, high grade strike length extended over 100m to 1.5km, adds 2nd drill and arranges $2.5M p.p.

Sign-up at InvestorsGuru.com (or blog.InvestorsGuru.com) for our Small Cap Stock Observer newsletter, and to set-up your own My Portfolio, My Watchlist & Alerts and News by Email preferences, or quote to comment at our AnyTicker.com Bulletin Boards. Free!

Saturday, September 5, 2015

InvestorsGuru.com 11 Filtered Mid-Day Market Movers Recap

Mid-Day Market Movers focus on above average volume, price action, breakout chart trends and news - posted throughout the day live at the top of InvestorsGuru.com and on our Hot Sheet. Below recaps last week's movers, all prices when posted, week high price Wk-H:, with a brief company description and recent news headlines. Submit any ticker symbol to our Detailed Quote Portal (top-left of all pages) for quotes, java charts, research and news, or to comment/share.

NYSE
(NYSE:LCI) Lannett Co. Inc. (11 posts since $8.20 Mar. 3/13) $56.95 Wk-H: $60.45
- founded 1942, is a generic pharmaceutical co. for a wide range of medical indications, to acquire Kremers Urban Pharmaceuticals for $1.23B

NYSE MKT AMEX
(AMEX:NAVB) Navidea Biopharmaceuticals Inc. $1.65 $2.15 $1.44 $2.00 Wk-H: $2.05
- awarded $1.8M Fast Track NIH SBIR grant for evaluation of a Manocept agent in Kaposi's Sarcoma; Sept.10 to present at biotech conference
(AMEX:LEI) Lucas Energy Inc. $4.82 Wk-H: $5.45
- developing O&G in Austin Chalk and Eagle Ford formations in South Texas, entry into line of credit and amendment of senior secured note

NASDAQ
(NASDAQ:ASTI) Ascent Solar Technologies Inc. (2013: $0.92 $1.04) $0.19 Wk-H: $0.36
- maker of more affordable, flexible thin-film photovoltaic solar panel modules, Aug. 14 Q2 results: $2.2M revenue, ~235% Q-over-Q growth
(NASDAQ:XGTI) xG Technology Inc. $0.46 $0.54 Wk-H: $0.60
- developer of wireless comm. and spectrum sharing tech., introduces xMax NOW; expands Business Partner Program, closes ~$5M offering
(NASDAQ:TRVN) Trevena Inc. $9.02 Wk-H: $11.94
- clinical stage pharma focused on biased ligands targeting GPCRs, positive results from phase 2b study of TRV130 acute postoperative pain

TSX (quote T. and ticker symbol)
(TSX:IRG)(OTCBB:IRGIF) Imvescor Restaurant Group Inc. $2.28 $2.13 Wk-H: $2.20
- franchises and operates Canadian brands: Pizza Delight, Trattoria di Mikes, Scores and Baton Rouge, Q3 continued financial improvement
(TSX:SBR)(OTCBB:SVBRF) Silver Bear Resources Inc. $0.175 $0.04 Wk-H: $0.045
- focused on silver in the Russian Federation, Aug. 26 technical report filed on the Mangazeisky silver project maiden mineral resource
(TSX:SCY)(OTCBB:SCYYF) Scandium International Mining Corp. $0.14 Wk-H: $0.15
- 80% of Nyngan/Honeybugle NSW-Australia Sc projects, Oct. 28 AGM; equity financing, debt conversion, joint venture, new board member

TSX Venture (quote V. and ticker symbol)
(TSXV:BRM)(OTCBB:BIRMF) Biorem Inc. $0.60 Wk-H: $0.65
- a leading clean tech co. with a line of high-efficiency air emissions control systems, new orders totalling $5.7M; Q2 $718K in net earnings
(TSXV:GCU)(OTCBB:GDCRF) Gold Canyon Resources Inc. $0.175 Wk-H: $0.28
- Red Lake Ontario Springpole gold project, (TSXV:FF) First Mining Finance to acquire Gold Canyon and (TSXV:PKL)(OTCBB:PCGLF) PC Gold

Sign-up at InvestorsGuru.com (or blog.InvestorsGuru.com) for our Small Cap Stock Observer newsletter, and to set-up your own My Portfolio, My Watchlist & Alerts and News by Email preferences, or quote to comment at our AnyTicker.com Bulletin Boards. Free!

Saturday, August 29, 2015

InvestorsGuru.com 9 Filtered Mid-Day Market Movers Recap

Mid-Day Market Movers focus on above average volume, price action, breakout chart trends and news - posted throughout the day live at the top of InvestorsGuru.com and on our Hot Sheet. Below recaps last week's movers, all prices when posted, week high price Wk-H:, with a brief company description and recent news headlines. Submit any ticker symbol to our Detailed Quote Portal (top-left of all pages) for quotes, java charts, research and news, or to comment/share.

NYSE
(NYSE:PGN) Paragon Offshore $0.75 Wk-H: $0.85
- O&G drilling rigs: 34 jackups & 6 floaters, to present at Oslo oil conf.; Aug. 12 Q2 $47.3M net income $0.51/sh. vs. Q2-'14 $95M $1.12/sh.

NYSE MKT AMEX
(AMEX:PTN) Palatin Technologies Inc. $0.92 Wk-H: $0.96
- biopharm developing bremelanotide to treat FSD, Aug. 18 supports FDA's approval of first-ever treatment for female sexual dysfunction

NASDAQ
(NASDAQ:BEAT) CardioNet Inc. $4.75 $7.56 $10.47 $8.78 $14.32 Wk-H: $15.51
- leading wireless med-tech delivering health info and reducing cost of care, Aug. 6 Q2 achieves profitability, 12th qtr. of YoY revenue growth
(NASDAQ:UEPS) Net 1 UEPS Technologies Inc. $7.60 $10.60 $20.55 Wk-H: $21.48
- alternative payment system, biometrically secure real-time e-transactions, ranked in Fortune's 100 Fastest-Growing Companies list
(NASDAQ:FORD) Forward Industries Inc. $1.45 Wk-H: $2.91
- designer and distributor of custom carry and protective solutions, signs supplier agreement extension with Bayer Healthcare

TSX (quote T. and ticker symbol)
(TSX:SGY)(OTCBB:ZPTAF) Surge Energy Inc. (2013-2014: $4.36 $5.29 $6.49 $6.89 $7.84) $2.11 Wk-H: $2.87
- AB/SK O&G producer: high quality, large oil in place, crude oil reservoirs, record drilling results, share buyback, exec appt, confirms dividend

TSX Venture (quote V. and ticker symbol)
(TSXV:GRC)(OTCBB:GRVFF) Grenville Strategic Royalty Corp. $0.69 $0.80 $0.63 $0.59 Wk-H: $0.66
- royalty-based financing for growing ind./tech. co.'s, completes Medallion investment; proposed acquisition of Above Security by Hitachi Sys.
(TSXV:PHO)(OTCBB:POCEF) Photon Control Inc. $0.24 $0.29 $0.73 Wk-H: $0.77
- maker of optical sensors to measure temperature, pressure, position and flow, Q2 record sales $9M, record net earnings $3.75M, EPS $0.03
(TSXV:LM)(OTCBB:LMDCF) Lingo Media Corp. $0.35 Wk-H: $0.60
- innovative EdTech co. which teaches English online and via print publishing in China, Q2 net income of $993,552 or $0.04 per Share

Sign-up at InvestorsGuru.com (or blog.InvestorsGuru.com) for our Small Cap Stock Observer newsletter, and to set-up your own My Portfolio, My Watchlist & Alerts and News by Email preferences, or quote to comment at our AnyTicker.com Bulletin Boards. Free!

Saturday, August 22, 2015

InvestorsGuru.com 9 Filtered Mid-Day Market Movers Recap

Mid-Day Market Movers focus on above average volume, price action, breakout chart trends and news - posted throughout the day live at the top of InvestorsGuru.com and on our Hot Sheet. Below recaps last week's movers, all prices when posted, week high price Wk-H:, with a brief company description and recent news headlines. Submit any ticker symbol to our Detailed Quote Portal (top-left of all pages) for quotes, java charts, research and news, or to comment/share.

NYSE
(NYSE:IPHI) Inphi Corp. $12.70 $24.92 Wk-H: $25.99
- provides high-speed analog, mixed signal semiconductor solutions, to showcase latest DDR4 tech. at (NASDAQ:INTC) Intel dev. forum 2015
(NYSE:IMPR) Imprivata Inc. $20.83 Wk-H: $21.63
- healthcare IT security, new HealthCon format; health alliance deploys co.'s innovative tech. for fast, secure e-prescribing to fight drug abuse

NYSE MKT AMEX
(AMEX:PFNX) Pfenex Inc. $20.81 Wk-H: $22.20
- clinical-stage biologics co., awarded HHS contract valued up to $143.5M for the advanced development of next generation anthrax vaccine
(AMEX:BTG)(TSX:BTO) B2Gold Corp. $1.19 Wk-H: $1.37
- mines: Otjikoto Namibia, Masbate Philippines, La Libertad & El Limon Nicaragua, Fekola Mali, Q2 record Au, cash costs $71/oz. below budget

NASDAQ
(NASDAQ:CFRX) ContraFect Corp. $5.36 Wk-H: $5.80
- FDA grants Fast Track designation to CF-301, first of its lysins, currently in development to treat Staph aureus infections, including MRSA
(NASDAQ:AVEO) AVEO Pharmaceuticals Inc. $1.65 Wk-H: $2.59
- exclusive worldwide license agreement with (NYSE:NVS) Novartis for the development/commercialization of AV-380 and related antibodies

OTCBB
(OTCBB:NUGN) Nugene Intl. Inc. $2.25 Wk-H: $2.37
- advanced skin and hair care lines utilizing adipose derived human stem cells and stem cell media, 153% revenue growth in Q2 vs. Q2-2014

TSX (quote T. and ticker symbol)
(TSX:IMP)(OTCBB:ITMSF) Intermap Technologies Corp. $0.45 $0.69 Wk-H: $0.80
- a leading provider of geospatial solutions, Q2-2015 results; InsitePro software licensed by Global Reinsurer in four Latin American countries

TSX Venture (quote V. and ticker symbol)
(TSXV:QIS)(OTCBB:QIFTF) Quorum Information Technologies Inc. $0.38 Wk-H: $0.45
- XSELLERATOR car dealership mgmt. system/services, Q2 YoY sales +13%, strongest ever revenue qtr.; Aug. 4 pilot Ford Canada dealership

Sign-up at InvestorsGuru.com (or blog.InvestorsGuru.com) for our Small Cap Stock Observer newsletter, and to set-up your own My Portfolio, My Watchlist & Alerts and News by Email preferences, or quote to comment at our AnyTicker.com Bulletin Boards. Free!

Saturday, August 15, 2015

InvestorsGuru.com 15 Filtered Mid-Day Market Movers Recap

Mid-Day Market Movers focus on above average volume, price action, breakout chart trends and news - posted throughout the day live at the top of InvestorsGuru.com and on our Hot Sheet. Below recaps last week's movers, all prices when posted, week high price Wk-H:, with a brief company description and recent news headlines. Submit any ticker symbol to our Detailed Quote Portal (top-left of all pages) for quotes, java charts, research and news, or to comment/share.

NYSE
(NYSE:ENV) Envestnet Inc. $24.94 $36.61 Wk-H: $45.35
- wealth mgmt. tech/services for financial advisors, Q2 adj. 3-mo. YoY: rev. +21%, EBITDA +37%, net inc./share +33%; buying Yodlee ~$660M
(NYSE:CDE) Coeur Mining Inc. $5.66 $3.74 Wk-H: $3.92
- largest U.S. silver producer plus gold with five mines in the Americas, Aug. 12 presented at Jefferies NY industrials conference
(NYSE:MUX)(TSX:MUX) McEwen Mining Inc. $0.84 $0.90 Wk-H: $0.95
- high growth gold producer in the Americas (Argentina, Mexico, U.S.-Nevada), Aug 5 Q2 production results, a record at the El Gallo Mine

NYSE MKT AMEX
(AMEX:NG)(TSX:NG) NovaGold Resources Inc. $2.87 $3.38 $3.65 Wk-H: $3.78
- 50% of Alaskas' Donlin (one of the world's largest, highest grade gold deposits), permitting continues with year-end draft EIS filing target
(AMEX:NGD)(TSX:NGD) New Gold Inc. $2.08 $2.41 Wk-H: $2.46
- intermediate gold producer: four operating mines, three in development, Q2 results, Rainy River construction on schedule and on budget
(AMEX:GPL)(TSX:GPR) Great Panther Silver Ltd. (2014: $1.20 $1.28) $0.464 Wk-H: $0.485
- 2 Mexico mines + dev. projects in Peru, owns Cangold, Q2 solid revenue growth, margins, cash flow, grades, record production, lower costs
(AMEX:TGD)(TSX:TMM) Timmins Gold Corp. (2014: $1.28 $1.36 $1.81 $1.90) $0.30 Wk-H: $0.33
- open-pit heap-leach San Francisco gold mine Sonora State Mexico, recently acquired projects: Caballo Blanco, Newstrike and its Ana Paula

NASDAQ
(NASDAQ:NYMX) Nymox Pharmaceutical Corp. $1.51 $3.02 Wk-H: $3.31
- focused on R&D therapeutics and diagnostics and its NX-1207 drug to treat prostate cancer, now domiciled and head office in the Bahamas
(NASDAQ:CERE) Ceres Inc. $0.44 $2.15 Wk-H: $4.80
- agricultural biotech that develops and markets seeds, awarded key milestone patent for iCODE multi-gene trait development system
(NASDAQ:ELTK) Eltek Ltd. (2013: $2.06) $1.15 Wk-H: $1.35
- a leading Israeli manufacturer of advanced circuitry solutions, Q2 net profit of $424,000, gross margin increased to 18.3% from 13.9%
(NASDAQ:AMDA) Amedica Corp. $0.55 Wk-H: $0.64
- innovative biomaterial co. makes silicon nitride as a platform for biomedical apps., Q2 YTD cash burn -37% YoY; expansion of global sales

TSX Venture (quote V. and ticker symbol)
(TSXV:ZEN)(OTCBB:ZENYF) Zenyatta Ventures Ltd. (2013: 11 posts $1.46 to $3.16) $1.59 Wk-H: $1.65
- Albany hydrothermal graphite deposit, energy storage fuel cell tech with (NASDAQ:BLDP)(TSX:BLD) Ballard Power; $2.1M $1.25/sh. pp closes
(TSXV:DJI)(OTCBB:DJIFF) Dajin Resources Corp. $0.09 Wk-H: $0.095
- lithium/REE exploration projects in the U.S. and Argentina, gravity survey confirms Alkali lake as a deep closed basin 4k-ft. (1.2k-m) depth
(TSXV:WCC)(OTCBB:CWMCF) Consolidated Woodjam Copper Corp. $0.07 Wk-H: $0.085
- Au-Cu-Mo resources in the Quesnel Trough South-Central British Columbia, consolidates 100% ownership of Woodjam copper-gold project
(TSXV:DEC)(OTCBB:DECXF) Decade Resources Ltd. $0.03 Wk-H: $0.035
- numerous development and exploration properties in Northern British Columbia, 2015 field program on Bow claim started July 14

Sign-up at InvestorsGuru.com (or blog.InvestorsGuru.com) for our Small Cap Stock Observer newsletter, and to set-up your own My Portfolio, My Watchlist & Alerts and News by Email preferences, or quote to comment at our AnyTicker.com Bulletin Boards. Free!