SmallCapPower ArticleWe have shortlisted 9 basic resource stocks trading below $10 across sectors that are likely to outperform their peers and broader markets by providing price returns up to 75% in the next 12 months, based on average price targets of analysts polled by Bloomberg. We have picked stocks which are estimated to register strong growth in sales and EPS of over 10% in 2014. We note that these stocks are rated a 'Buy' by majority of the analysts covering these stocks with an implied upside range of 11% to 77%. All the shortlisted stocks have accumulated gains during the past 3-months with daily average trading volume of over 100,000.
|
Company Name
|
Exchange
|
Ticker
|
Market Cap
(MN)
|
Last Price
|
Average Volume
(3-Months)
|
Price Change
(3-Months)
|
Sales Growth
(2014)
|
EPS Growth
(2014)
|
Buy Rating
|
Consensus Target Price
|
Implied Upside
|
|
Luna Gold Corp
|
TSX
|
LGC
|
147.6
|
1.21
|
323,487
|
2.5%
|
26.6%
|
34.3%
|
100%
|
2.15
|
77.3%
|
|
Bellatrix Exploration Ltd
|
TSX
|
BXE
|
1,839.5
|
9.63
|
3,417,105
|
2.7%
|
139.8%
|
84.1%
|
100%
|
13.65
|
41.7%
|
|
Yangarra Resources Ltd
|
TSX
|
YGR
|
221.1
|
3.83
|
497,125
|
30.3%
|
116.2%
|
250.0%
|
100%
|
5.12
|
33.6%
|
|
Artek Exploration Ltd
|
TSX
|
RTK
|
329.8
|
4.28
|
648,601
|
6.5%
|
56.4%
|
304.0%
|
80%
|
5.55
|
29.7%
|
|
Lonestar West Inc
|
TSXV
|
LSI
|
108.7
|
3.73
|
132,021
|
28.6%
|
86.2%
|
28.6%
|
100%
|
4.83
|
29.6%
|
|
Bankers Petroleum Ltd
|
TSX
|
BNK
|
1,801.1
|
6.98
|
3,018,834
|
26.9%
|
12.3%
|
83.3%
|
82%
|
8.99
|
28.8%
|
|
Profire Energy Inc
|
NASDAQ
|
PFIE
|
244.8
|
4.66
|
398,997
|
33.6%
|
27.1%
|
40.0%
|
100%
|
5.50
|
18.0%
|
|
Abraxas Petroleum Corp
|
NASDAQ
|
AXAS
|
608.4
|
5.86
|
2,998,561
|
39.9%
|
53.3%
|
260.0%
|
91%
|
6.53
|
11.5%
|
|
RMP Energy Inc
|
TSX
|
RMP
|
1,140.4
|
9.42
|
1,693,342
|
19.5%
|
130.7%
|
402.2%
|
86%
|
10.46
|
11.1%
|