Once again, resource companies are leading the most actives with less than a handful of non-mining stocks in comparison. It appears retail investors and institutional investors alike are finally feeling more comfortable getting back into resource stocks following the bumpy ride since 2008. In addition, the Brexit vote to leave the EU created instability in the money markets send a clear message to precious metals investors that it’s time to revisit the yellow metal, sending both silver and gold to attractive price points.
A couple companies to look at outside the resource sector may have some upside potential moving forward.
Ceapro Inc (CZO.V) share price appreciated to $1.53, up over 30% with no news as of this posting. The Company is a growth-stage biotechnology company focused on the development and commercialization of active ingredients for healthcare and cosmetic industries.
Breaking Data Corp. (BKD.V) has seemingly has begun to level off after a long slow decline over the courser of several months. Shares of the Company traded at slightly higher volume than normal and closed of the trading day up over 20% to $0.175 cents. Breaking Data Corp. is a technology provider of semantic search, machine learning and natural language processing.
10 TSX Venture Resource Companies to Watch
|ON.V||ONEROOF ENERGY GROUP INC||0.24||0.13 (128.57%)||2,665,802|
|AUN.V||AURCANA CORPORATION||0.51||0.18 (54.55%)||1,163,891|
|AVU.V||AVRUPA MINERALS LTD.||0.14||0.04 (33.33%)||131,000|
|SNG.V||SILVER RANGE RESOURCES LTD||0.2||0.05 (33.33%)||219,879|
|LPK.V||LUPAKA GOLD CORP||0.225||0.0550 (32.35%)||828,717|
|IPT.V||IMPACT SILVER CORP.||0.98||0.20 (25.64%)||495,855|
|KGL.V||KILO GOLDMINES LTD.||0.15||0.03 (25.00%)||35,000|
|CUU.V||COPPER FOX METALS INC||0.15||0.03 (25.00%)||827,735|
|UBR.V||URAGOLD BAY RESOURCES INC||0.2||0.04 (25.00%)||558,430|