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When it comes to investing money in the equity market, some investors choose to invest in large- and mid-cap stocks in the hopes of rapidly growing their capital. Others, however, often seek out small-cap companies that show growth potential and can give significant returns in the long run.
On that note, let’s explore some Toronto Stock Exchange Venture (TSX)-listed stocks that you can consider exploring.
Spartan Delta Corp. (TSXV:SDE)
Oil prices are on the rise, and the International Energy Agency (IEA) recently predicted that the world’s oil demand could reach 100 million barrels per day by 2022. Being an oil and gas exploration company, Spartan Delta could reap benefits from this rise.
Spartan holds a price-to-earnings ratio of 3 and its market cap stands at C$ 310.5 million, as per TMX. In terms of production, the Alberta-based company saw record results in the first quarter of 2021, up 23 per cent quarter-over-quarter (QoQ) to 31,914 barrels of oil equivalent per day (boe/d).
Its oil and gas sales (before royalties) amounted to C$ 69.3 million in Q1 2021, reflecting a growth of 53 per cent year-over-year (YoY).
Stock-wise, SDE share price surged by 32 per cent in the last three months and ballooned about 79 per cent year-to-date (YTD). The energy scrips climbed three per cent to close at C$ 5.33 apiece on Monday, June 21.
Sigma Lithium Resources Corporation (TSXV:SGMA)
The expanding demand of electric vehicles (EV) amid calls for addressing climate change issues is, in turn, boosting the demand for battery metals such as lithium. According to a Grand View Research report, the global lithium market size is expected to grow at a compound annual growth rate (CAGR) of 1.9% by 2027.
On the back of this demand, Sigma Lithium Resources, a Canada-based lithium exploration and development company with operations in Brazilian mines, is likely to see a boost in its prospects.
SGMA stock skyrocketed by 274 per cent in the past year and has surged about 12 per cent quarter-to-date (QTD). The scrip was priced at C$ 5.8 at market close on Monday.
In Q1 2021, Sigma's cash and cash equivalents stood at C$ 46.8 million, up from C$ 13.5 million in Q4 2020.
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Reko International Group Inc. (TSXV:REKO)
Reko is involved in futuristic business activities, such as providing robotic factory automation solutions. The Ontario-based company offers a return on equity of 3.9 per cent and a debt-to-equity ratio of 0.23.
In the third fiscal quarter ending April 30, 2021, Reko saw its consolidated sales rise to C$ 12.4 million, while its gross profit climbed to C$ 2.4 million.
REKO stock, priced at C$ 4.33 apiece on Monday, returned 4.3 per cent in the past week and nearly 19 per cent in the past month.
Builders Capital Mortgage Corp. (TSXV:BCF)
Builders Capital, a mortgage investment firm, appears to have capitalized on the booming Canadian housing market, with its mortgage portfolio growing by 8.7 per cent in Q1 2021.
Builders Capital's comprehensive income, on the other hand, increased by 18.6 per cent YoY and 7.8 per cent QoQ in Q1 2021.
Priced at C$ 9.85 on Monday, BCF stock jumped 15 per cent YTD. It also soared by 23 per cent in the past year to outperform the Toronto Stock Exchange Composite Index, which dipped by five per cent.
The above constitutes a preliminary view and any interest in stocks should be evaluated further from investment point of view.
