by Ubika Research on Aug 16, 2012
Ubika Research analysts have identified and listed nine (9) small cap underperforming fertilizer mining companies that are still in the exploration stage and have high cash on hand to fund the development work required to get to the next stage.
Ubika Research Senior Analyst Vikas Ranjan states: “With food prices set to skyrocket due to increasing population, greater demand, bad weather and lack of supply in fertilizers (especially potash & phosphate) it is a good time to invest in beaten down advanced stage junior mining companies that have enough cash to continue with the exploration process”. This analysis could be a good starting point for investors looking to identify stocks within the junior potash and phosphate mining space that have high cash on hand and at the same time are beaten down due to the tough market conditions for smallcaps.
For investors looking to short list underperforming small cap fertilizer companies with the high cash on hand, please visit the Ubika Investment Idea of the Week HERE.
Included in the list of nine (9) small-cap stocks are Allana Potash Corp. (TSX: AAA) (TSE: AAA) and IC Potash Corp. (TSX: ICP) (TSE: ICP).
Allana Potash Corp. is under Ubika Research coverage. Please visit the following company information hub below to view research reports, analyst commentary and CEO video interview with Allana HERE.