5 Small-Caps Stocks Seen In Green – GRV, BD1, QFY, IXU and ARM

Small-cap stocks are high reward stocks and can generate tremendous amount of returns in a short period of time. Australia is home to a large number of small cap stocks but not to forget they are also volatile at the same time. Few of the stock tips under the small cap market segment rising high are discussed on ASX today as follows:

GREENVALE ENERGY LIMITED (ASX:GRV) – The Company appointed SRK to undertake a comprehensive and detailed review of all the available information on the Alpha oil shale project, during the year and completed an Independent Geological Report. From the sale to QER on interest bearing deposit, the company continues to invest the surplus funds. The loss for the group after income tax for the year amounted to $425,941 as compared to 2017 of loss of $516,972 and the net assets of the group at 30 June 2018 was $2,208,339 compared to 2016 of $2,634,280. No dividends have been paid or declared since the end of the previous financial year to the date of this report. As at October 25, 2018, the stock traded at a market price of $0.030 and it has witnessed a performance change of -33.33% since the last one year. Â

BARD1 LIFE SCIENCES LIMITED (ASX:BD1) – With excellent results achieved for BARD1-Ovarian this year, the Board intend to strengthen the board by expanding the management team to improve execution capability and with additional life sciences industry experienced directors. The net assets of the consolidated entity at 30 June 2018 totaled $1,130,487 as compared to June 30, 2017 of $257,937. Total assets at 30 June 2018 totaled of $1,453,137 and 30 June 2017 of $726,896. As at 30 June 2018, the consolidated entity had increased cash and cash equivalents of $1,445,657 as compared to 30 June 2017 of $650,051 and no debt facility for operational and investing activities. However, no dividend has been declared, provided for or paid in respect of the year ended 30 June 2018 or 30 June 2017. As at October 25, 2018, the stock traded at a market price of $0.037 and it has witnessed a performance change of an attractive 457.14% since the last one year.

QUANTIFY TECHNOLOGY HOLDINGS LIMITED (ASX:QFY) – The Company is ready for commercialization within Australia and internationally and a newly appointed Board of Directors with a proven track record will take the company to the next stage. The Australian market for ‘Internet of Things’ (IoT Technology) in the home is forecast to be worth $200m by 2020. The enterprise value is of $7.2 million as at June 30, 2018. For the year ended FY 2018 Quantify Technology reported a net loss after tax of $6,790,579 which is lower as compared to FY 2017 loss of $11,661,543. The group had $450,711 cash on hand as at June 30, 2018. As at October 25, 2018, the stock traded at a market price of $0.013 and it has witnessed a performance change of -81.49% since the last one year.

IXUP LIMITED (ASX:IXU) – On the capital raising process and IPO and shifted the focus from providing some professional services to customers, revenue declined 22% year on year to $120,000 from 2017 value of $153,695. The loss from operations after providing for income tax amounted to $8,679,456 as compared to 30 June 2017 loss of $2,993,668. A total cash and term deposits balance, IXUP reported of $7,628,483 ($1,576,127 and $6,052,356 respectively), as at 30 June 2018. There were no dividends paid, recommended or declared during the current or previous financial year. IXUP owns a unique and patented technology which has the potential to set the global standard in data collaboration software. As at October 25, 2018, the stock traded at a market price of $0.170 and it has witnessed a performance change of -65.91% since the last one year.

AURORA MINERALS LIMITED (ASX:ARM) – With the intention of applying smart ore sorting technology to maximize the development potential of marginal or previously uneconomic assets, Aurora is looking to expand its operations through the acquisition of interests in advanced project. The net assets of the group at 30 June 2018 were $5,514,677 compared to 2017 of $8,893,159. At year end, the group had $1.58 million compared to 2017 of $3.78 million in net cash. In light of the same no dividends were paid during the year and the directors do not recommend the payment of a dividend. As at October 25, 2018, the stock traded at a market price of $0.025 and it has witnessed a performance change of -46.34% since the last one year.

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