3 Stocks On The Rise - SDV, ODM And TTL

4 min read | February 04, 2019 08:15 PM AEDT | By Team Kalkine Media

SDV

Scidev Limited (ASX:SDV) is engaged in research, development, and commercialization of polymers under four core brands- Maxiflox, Optiflox, Dairflox, and BioFlox. It primarily serves industries such as food production, mining and mineral processing, dairy products manufacturing, sewage treatment, and others.   Â

The company has a market capitalization of AUD 3.19 million and is listed on the Australian Stock Exchange (ASX) as a small cap with 63.82 million outstanding shares. On 4th February, the SDV stock closed the trading session at AUD 0.072, up by 44%, denoting an intra-day gain of AUD 0.022 with 138,674 volume of shares being traded at the hands of investors. The company has a 52-week low of AUD 0.031 and a 52-week high of AUD 0.130.

Recently, Scidev released its quarterly activity report for December 2018, highlighting the surge in sales at AUD 669,000, which is relatively higher than the previous quarter (AUD 600,000). The figure includes sales into a Peabody Energy coal mine in the United States which improved throughout the period, generating revenue of more than USD 180,000.

As per the results posted, the company also recorded a net cash outflow of AUD 217,000 from operating activities, mainly resulting from payments for suppliers and corporate overheads and staff costs. There were cash outflows from investing activities at AUD 33,000 while cash inflows from financing activities stood at AUD 69,000. Overall, there was a net increase in cash and cash equivalents at AUD 302,000. The company estimates cash outflows for the next quarter to be somewhere around AUD 390,000.

ODM

Odin Metals Limited (ASX:ODM), based in Perth, Australia and formerly known as Lawson Gold Limited, is engaged primarily in mineral exploration activities since its inception in 2010. It owns exploration sites located in Ontario, comprising copper and zinc deposits and in Western Australia for Gold and Nickel under the Silver Swan and Lignum Dam Projects. It is also actively expanding through acquisitions of other licenses in the area. The company, through its subsidiary Evandale Minerals Pty Ltd, holds interest in the Sturgeon Lake Project spanning 22.7 km2, located in Ontario.

With a market capitalization of AUD 20.75 million, ODM is listed on the ASX and has around 153.72 million outstanding shares. As of February 4th, the ODM stock wrapped up the trading at AUD 0.180, up by 33.33%, indicating an intra-day gain of AUD 0.045. About 279,633 volume of shares were traded. The company has a 52-week low of AUD 0.080 and a 52-week high of AUD 0.385.

Of late, the company released its results for the quarter ending December 2018. According to the report, there were cash outflows from operating activities at AUD 161,000, mainly due to administration and corporate expenditures as well as exploration and evaluation. There was no engagement in investing or financing activities throughout the period. Overall, a net increase in cash and cash equivalents was posted at AUD 3.94 million. The company estimates cash outflows for the next quarter to be around AUD 596,000.

TTL

Transcendence Technologies Limited (ASX:TTL) is again based in Perth, Australia since 2001. The company, through its now fully-acquired subsidiary, E-Collate Pty Ltd, is engaged in developing communication platforms and data systems to link multi-source data and provide useful information for effective decision making across various industry sectors. Of late, the company is actively commercializing its compliance technology through commissioning of the E-Collate SMSF App, which is a cross-platform messaging and financials management tool that equips the users to assemble and analyze SMS, email, instant messages, and bank data along with attachments and documents added into the system.

The company, with a small market capitalization of AUD2.43 million, is listed on the ASX with 173.72 outstanding shares. As of the last trading session on February 4, the TTL stock closed the market at AUD 0.015, up by 7.143%, indicating an intra-day gain of AUD 0.001 with approximately 7.28 million shares traded. The stock has a 52-week high of AUD 0.053 and a 52-week low of AUD 0.013.

As per the latest figures posted for the quarter ending December 2018, the company posted cash outflows from operating activities at AUD 157,000. However, overall, the net increase in cash and cash equivalents were recorded at around AUD 1.41 million, and for the next quarter, it is estimated to be AUD115,000.


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