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MicroCap Report: BNK Petroleum (T. BKX) climbs, Patient Home Monitoring (V.PHM) settles

Stockhouse Editorial
1 Comment| January 27, 2016

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BNK Petroleum (TSX: BKX, Forum) took a jump in the markets today on no material news. The company last made a press release back in November last year where it announced its Q3 2015 financial results noting it had a 60% increase in production to 1,554 BOED compared to 971 BOED reported in the matching 2014 quarter.

The company was also able to reduce its per barrel operating cost in Q3 2015 to $5.02, a 42% decrease from Q3 2014. Shares jumped 34.29% on a relatively small volume of trading to $0.235 per share.

Patient Home Monitoring (TSX: V.PHM, Forum) continued to settle today in wake of a bumpy rise falling an announcement at the beginning of January which stated the company had posted record year-end financials as well as record Q1 revenue and profit figures.

According to that news release, revenues were expected to exceed $40.0 million for the first quarter, representing a ~236% increase from the same 2015 quarter and an increase of 36% from the previous quarter. Shares dropped along with the markets in general, slipping 10.00% to $0.495 per share.


Select Canadian Small/Micro-cap Advancers (as of 4:00 PM Eastern)
BNK Petroleum Inc. (T.BKX, Stock Forum) 34.29%
Sirona Biochem Corp. (V.SBM, Stock Forum) 24.32%
Boulder Energy Ltd. (T.BXO, Stock Forum) 13.39%
Trican Well Service Ltd. (T.TCW, Stock Forum) 12.32%
Wi-LAN Inc. (T.WIN, Stock Forum) 8.67%
Select Canadian Small/Micro-cap Decliners (as of 4:00 PM Eastern)
Patient Home Monitoring Corp. (V.PHM, Stock Forum) -10.00%
Mercer International Inc (MERC, Stock Forum) -6.08%
Bellatrix Exploration Ltd. (T.BXE, Stock Forum) -5.36%
Horizons BetaPro NYMEX Crude Oil Bear Plus ETF (T.HOD, Stock Forum) -5.02%
Horizons BetaPro S&P\/TSX Global Gold Bear Plus ETF (T.HGD, Stock Forum) -4.80%



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Comments

One to Watch also is AVD.v Just Closed a $1.5 Million PP @ $0.075 and the Stock Backfilled after the GAP up on NEWS and Just settled and is Reversing and is ready to Go...Last $0.025. Crazy Undervalued !
(0)
January 28, 2016

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