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MicroCap Report: Patient Home Monitoring (V.PHM) picks up, Pacific Exploration (T.PRE) dips

Stockhouse Editorial
0 Comments| December 8, 2015

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Patient Home Monitoring (TSX: V.PHM, Forum) saw some upward movement in the markets today with no material news to back up the high volume surge. The health care sector has moved more into the investment spotlight as oil and gas continues to struggle with low commodity pricing.

The company hasn’t been without its share of controversy when a badly communicated stock transfer involving insiders Michael Dalsin and Roger Greene put investors on edge, but lessons were learned and the company continued to forge ahead providing traders with another investment option that doesn’t involve resources. Shares were up 11.11% to $0.60 per share.

Pacific Exploration & Production Corporation (TSX: PRE, Forum) continued to slide on the boards today in the wake of the company announcing their Q3 2015 financial results three days ago noting that the company had strengthened its bottom line through successful oil price hedging and sustainable cost cutting.

According to that news release, Ronald Pantin, company CEO, explained the year this way, “The story of 2015 has been and continues to be one of low oil prices, driven by a perceived excess supply of oil. These prices continue to pose challenges for the industry and threaten the economic well-being of many companies and indeed countries. However, consistent with the implementation of our strategy outlined in early 2015, we at Pacific continue to deliver competitive results in spite of the low oil price environment.” Shares were down 11.03% to $1.29 per share.

Select Canadian Small/Micro-cap Advancers (as of 4:00 PM Eastern)
BlackPearl Resources Inc. (T.PXX, Stock Forum) 30.30%
Roxgold Inc. (V.ROG, Stock Forum) 18.31%
Patient Home Monitoring Corp. (V.PHM, Stock Forum) 11.11%
Asanko Gold Inc. (T.AKG, Stock Forum) 8.84%
NuVista Energy Ltd. (T.NVA, Stock Forum) 7.92%
Select Canadian Small/Micro-cap Decliners (as of 4:00 PM Eastern)
Pacific Exploration & Production Corporation (T.PRE, Stock Forum) -11.03%
TransAlta Corp. (TAC, Stock Forum) -7.49%
Bellatrix Exploration Ltd. (T.BXE, Stock Forum) -6.25%
Canopy Growth Corporation (V.CGC, Stock Forum) -6.10%
IAMGOLD Corporation (T.IMG, Stock Forum) -4.31%



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