Companies with higher levels of institutional ownership (stocks held by large financial organizations, pension funds or endowments) and strong insider ownership (stocks held by senior executives and directors within the firm) attract investor interest as it reflects a confidence in growth potential since institutional owners' and insiders' personal wealth is directly affected by stock performance.
Today, we have picked 12 stocks trading below $10 across sectors which have high institutional (>20%) and insider ownership (>5%) and have witnessed an increase in insider ownership during the past six months. Moreover, we note that these stocks are rated a 'Buy' by a majority of the analysts covering these stocks with consensus 12-month price targets indicating significant upside potential ranging 30% to 160% from current levels, according to consensus estimates provided by Bloomberg.
|
Company Name |
Ticker |
Exchange |
Sector |
Market Cap |
Last Price |
Average Volume |
Price Change |
Equity Shares Outstanding |
Institutional Ownership |
Insider Ownership |
Change in Insider Holding |
|
Spartan Energy Corp |
SPE |
TSXV |
Energy |
913.8 |
4.11 |
3,861,850 |
38.4% |
222.3 |
20.4% |
14.3% |
30.6% |
|
Roxgold Inc |
ROG |
TSXV |
Basic Materials |
186.3 |
0.79 |
562,275 |
27.4% |
235.8 |
46.5% |
5.5% |
24.4% |
|
Ivanhoe Mines Ltd |
IVN |
TSX |
Basic Materials |
927.8 |
1.33 |
1,669,827 |
-23.1% |
689.1 |
20.8% |
24.9% |
10.7% |
|
BPZ Resources Inc |
BPZ |
NYSE |
Energy |
361.7 |
3.05 |
829,080 |
-2.2% |
118.6 |
59.5% |
6.4% |
9.9% |
|
Dalradian Resources |
DNA |
TSX |
Basic Materials |
105.0 |
0.96 |
141,744 |
20.0% |
109.4 |
48.9% |
5.9% |
5.6% |
|
Merrimack Pharmaceuticals Inc |
MACK |
NASDAQ |
Healthcare |
740.4 |
7.16 |
2,239,962 |
34.6% |
103.4 |
53.5% |
7.1% |
3.1% |
|
OPKO Health Inc |
OPK |
NYSE |
Healthcare |
3,622.2 |
8.78 |
2,526,191 |
-5.5% |
412.6 |
26.0% |
42.7% |
2.3% |
|
Mandalay Resources Corp |
MND |
TSX |
Basic Materials |
337.7 |
0.99 |
774,889 |
4.2% |
341.1 |
56.6% |
9.7% |
1.8% |
|
Redknee Solutions Inc |
RKN |
TSX |
Technology |
578.2 |
5.31 |
615,316 |
-5.9% |
108.9 |
21.9% |
13.7% |
1.6% |
|
Symbility Solutions Inc |
SY |
TSXV |
Technology |
62.8 |
0.30 |
179,626 |
-10.4% |
209.2 |
36.5% |
13.6% |
1.6% |
|
Unilife Corp |
UNIS |
NASDAQ |
Healthcare |
307.4 |
2.99 |
1,031,186 |
-37.1% |
102.8 |
52.2% |
10.5% |
1.6% |
|
Elephant Talk Communications Corp |
ETAK |
NYSE |
Communications |
132.0 |
0.90 |
361,604 |
-18.9% |
146.7 |
41.4% |
9.7% |
1.1% |
Source: Bloomberg
Market Cap & Last Price are in their respective currencies
Company Description:
Spartan Energy Corp SPE
Spartan Energy Corp. is an oil and gas exploration and development company. The company focuses on operations in southeast Saskatchewan and central Alberta.
Roxgold Inc ROG
Roxgold Inc., acquires, explores and develops natural resource properties in Canada.
Ivanhoe Mines Ltd IVN
Ivanhoe Mines Ltd. is a diversified mineral resources company focused on the exploration and development of its three principal properties: the Kamoa copper discovery; the Platreef platinum-palladium-gold-nickel-copper discovery; and an unmined zinc-copper deposit at the Kipushi zinc-copper-lead-germanium mine.
BPZ Resources Inc BPZ
BPZ Resources, Inc. is an oil and gas exploration and production company with properties in Peru and Ecuador. The company has exclusive rights and license agreements for oil and gas exploration and production in several properties in northwest Peru. BPZ also owns a non-operating interest in a producing property in southwest Ecuador.
Dalradian Resources Inc DNA
Dalradian Resources Inc. is a Canadian based exploration company engaged in the acquisition, exploration and development of gold, base metals and other precious metals projects. With a European focus, the most advanced property is in Northern Ireland and focuses on and around the high-grade mesothermal gold deposit, Curraghinalt.
Merrimack Pharmaceuticals Inc MACK
Merrimack Pharmaceuticals, Inc. is a biotechnology company focused on the discovery and development of drugs for the treatment of immunological and autoimmune diseases.
OPKO Health Inc OPK
OPKO Health, Inc. is involved in the discovery, development, and commercialization of pharmaceutical products, vaccines, and diagnostic products.
Mandalay Resources Corp MND
Mandalay Resources Corp is a Canadian-based natural resource company with producing assets in Australia and exploration projects in Chile. The company is focused on advanced or in-production gold, copper, silver and antimony projects in Australia and the Americas.
Redknee Solutions Inc RKN
Redknee Solutions Inc. provides infrastructure software solutions for mobile networks.
Symbility Solutions Inc SY
Symbility Solutions, Inc. is a software company dedicated to developing applications for the insurance industry in North America and Europe. The company's subsidiaries provide software solution for the adjudication of health and dental claims and automate property insurance claims through its complementary components.
Unilife Corp UNIS
Unilife Corporation designs and manufactures medical devices. The company produces retractable syringes. Unilife markets its products to pharmaceutical manufacturers, suppliers of medical equipment to healthcare facilities, and patients who self-administer prescription medication.
Elephant Talk Communications Corp ETAK
Elephant Talk Communications, Inc. provides voice, data transmission, pre-paid calling cards, and Internet service provider services. The company is a facility-based international long distance carrier offering switch-voice services for both the wholesale and retail markets.
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