Trending now: 6 Small-cap Stocks trading with a bang (GBP, RTG, MPR, AZS, CGO and PAB)

  • Nov 27, 2019 AEDT
  • Team Kalkine
Trending now: 6 Small-cap Stocks trading with a bang (GBP, RTG, MPR, AZS, CGO and PAB)

The Small-cap stocks have the potential to deliver higher returns within a shorter span of time. As these stocks are underfollowed in the market, so any significant news or that of completion of a project may uplift the share prices. Most of the companies in the small-cap universe are witnessing the initial phases of their respective businesses and finding a new product or a new deal would lend a different business prospect for these companies. Let’s have a look at six small cap companies which has gained handsomely on Wednesday’s trade.

Global Petroleum Limited (ASX : GBP)

Global petroleum Limited is engaged in oil exploration projects and have interests across Italy and Namibia. As per a market announcement, the company disclosed the upcoming prospects from PEL0094 (Block 2011A), offshore Namibia. GBP holds a stake of 85% in the projects and is the operator of the licence.

Prospect from Licence 94 in Petroleum Exploration Namibia: The company highlighted about the Prospective Resources which are based on 2D seismic data and geological information. It also including analogues, to which the company has access at the current time. The company is optimistic that interpretation of the existing seismic data in PEL0094, both 2D and 3D will lead to identification of more leads and prospects. The business will also be looking for several analogous reservoirs across the offset wells. As reported by the management, additional work may increase the geological chance of success of the prospective resources. The business is likely to update prospective resources and their associated geological chances of success once work has been completed.

Stock Update: The stock of GBP closed at $0.030, up 57.895% as on 27 November 2019. The stock has a market capitalization of $3.85 million.

RTG Mining Inc. (ASX : RTG)

RTG Mining Inc. operates in mining ,exploration and development activities while the company is focusing in Chanach Project.

Cash Flow updates for period ended 30 September 2019: The company reported its three months cash flow statement, wherein the company reported US$1.19 million of cash used in operating activities. Net cash used in investing activities came in at US$1.42 million followed by US$0.06569 million of net cash used in financing activities. The company reported US$6.75 million of cash balance as on 30 September 2019. As per the estimated cash outflow for the next quarter, the company expects an allocation of US$2.475 million which includes US$0.4 million in exploration and development, staff costs of US$0.29 million, US$1.95 million of other investment and US$1.6 million of legal expenses.

Estimated Cash Flow for September to December 2019 (Source : Company Reports)

Other Operating Highlights : The company entered into a Sale and Purchase Agreement with White Cliff Minerals Limited wherein the company will acquire 90% stake in the high grade Chanach Gold and Copper Project in the Kyrgyz Republic.

The company holds a 40% interest in Mt. Labo Exploration and Development Corporation which operates in the high-grade Copper and Gold Mabilo Project in the Philippines.

Stock Update: The stock of RTG closed at $0.097, up 21.25%, with a market capitalization of $39.14 million on 27 November 2019. The stock has generated negative returns of 13.04% and 11.11% during the last three months and six months, respectively.

MPower Group Limited (ASX: MPR)

MPower Group Limited is a technology-based company which specializes in the delivery of reliable on-grid and off-grid power solutions and innovative products for blue chip corporate and government customers. On 27 November 2019, the company disclosed the approval of all resolutions which include Adoption of the Remuneration Report, Re-election of Gary Cohen and Re-election of Robert Constable.

FY19 Financial Highlights for the year ended 30 June 2019: MPR reported its full-year financial results for FY19 wherein, the company reported revenue of $48 million as compared to $40.77 million in FY18. The company reported a loss of $6.129 million in FY19 as compared to a loss of $2.895 million in FY18. The business reported cash and cash equivalent of $2.655 million, total assets of $22.96 million and net assets of $1.042 million as on 30 June 2019.

FY19 Income Statement (Source : Company Reports)

Stock Update: The stock of MPR closed at $0.025, up 25% as on 27 November 2019. The stock has a market capitalization of $3.18 million.

Azure Minerals Limited (ASX: AZS)

Azure Minerals Limited is associated with mining activities and focuses on base and precious metals exploration.

Quarterly activities for period ended 30 September 2019: The company reported the following operational highlights for the quarter ended September 2019.

  1. The business reported completion of its Phase1 mining during the period followed by delivering production higher than the estimated targets.
  2. The company commenced production of open pit and around 6,100 tonnes of ore at grades of 13.4% Zn & 10.7% Pb were estimated to be present. Both grades as well as tonnage were well above initial expectations.
  3. The Management reported that the Trial processing of the first batch of is likely to commence from the later part of October 2019.
  4. The company is planning to market the concentrates produced in the spot market while it has received strong interest from potential customer.

Stock Update: The stock of AZS closed at $0.140, up 21.739% as on 27 November 2019. The stock has delivered returns of -4.17% and 4.55% during the last three months and six-month, respectively.

CPT Global Limited (ASX : CGO)

CPT Global Limited operates in specialization of IT consultancy services which includes performance tuning, cost reduction services, testing and managing of information technology.

On 27 November 2019, the company released the voting results in its annual general meeting wherein, the board members approved both the resolutions related to Adoption of the Remuneration Report and Re-election of retiring Director, Mr Fred Grimwade.

The business has adopted the following strategies for improved prospects:

  1. Capitalize on existing growth opportunities
  2. Build on new opportunities in Sydney
  3. Engagement & communication with the workforce
  4. Enhance the CPT brand in the marketplace
  5. Enhancing business efficiency

The Management paid a fully franked dividend of AUD 0.00500 on 18 November 2019.

Outlook: The company expects higher revenue and profit across Australia and North America during FY20 aided by the higher demand for core services grows including real time payments, testing and mainframe.

Stock Update: The stock of CGO closed at $0.235, up 20.513% along with a market capitalization of $7.47 million. The stock price has gained 14.71% and 2.63% during the last three-months and six-months, respectively.

Patrys Limited (ASX : PAB)

Patrys Limited is engaged in development of natural human antibody-based therapies, which is used for treating diseases like cancer.

Operational Highlights for FY19: As per the latest management update, throughout FY19 the company reported the following developments.

  1. The company has produced compelling pre-clinical results with its leading product, PAT-DX1.
  2. The business is likely to continue its progress in the studies and to provide confirmation of PATDX1 and PAT-DX1-NP’s characteristics, dosing and pharmacokinetics parameters, and related manufacturing processes. PAB is targeting an initial trial in first half of CY21.
  3. The company expects significant market opportunities across Effective therapies for GBM and TNBC and expects the possibility to collaborate with the potential partners.
  4. The business has boosted its cash position during FY19, while PAB will also focus on non-dilutive funding opportunities during FY20.
  5. During the financial year 2019, the business along with its research partner Walter and Eliza Hall Institute of Medical Research (WEHI), received grant funding of $150,000 from the Victorian Medical Research Acceleration Fund.

Stock Update: The stock of PAB closed at $0.022, up 10% as on 27 November 2019. The stock has generated negative returns of 9.09% and 23.08% during the last three-month sand six-months, respectively.


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