Thunderbird, Shaw, & Bragg: 3 Rising TSXV Communication Stocks

Summary

  • Thunderbird Entertainment’s unit has swelled over 130 per cent year-to-date (YTD). The rising star stock has returned 57 per cent in the last three months.
  • Stocks of Bragg Gaming have rocketed 535 per cent YTD. Its 30-day average trading volume stands at 2.2 million units.
  • Shaw Communication is distributing a monthly dividend of C$ 0.099 per unit. Its scrip offers a double-digit return on equity.

We walked into the new year alongside COVID-19, the global pandemic that has decimated economies and markets around the world. Forced to maintain social distancing, we celebrated the New Year’s Eve indoors. Communication and online entertainment industries emerged crucial in these times of distancing.

Most Canadians are still working from home, driven by the good internet speed and smooth tech systems. This also led to a surge of e-games and online entertainment channels.

On the back of this ongoing lifestyle transition, let us have a look at the rising communication stocks on the junior Canadian exchange, the Toronto Stock Exchange Venture:

Thunderbird Entertainment Group Inc. (TSXV: TBRD)

Current TBRD Stock Price: C$ 3.20

The multi-platform media production firm’s stock has risen over 130 per cent year-to-date (YTD). The media stock has gained over 57 per cent in the last three months. Consequently, the company made it to TMX’s Rising Stars. Its scrip has also been ranked among TMX’s top communication and junior communication companies.

The stock has a current price-to-earnings (P/E) ratio of 43.70 and a price-to-book (P/B) ratio of 2.735. Units of Thunderbird are offering earnings per share (EPS) of C$ 0.07, with a present price-to-cashflow (P/CF) ratio of 12.90 as per the TMX portal. 

Bragg Gaming Group Inc. (TSXV: BRAG)

Current Stock Price: C$ 1.43

The gaming stock has zoomed over 535 per cent YTD. The casino content aggregator’s scrips have soared nearly 192 per cent in the last three months. Thus, the stock has made it to TMX’s Rising Stars, top communication, and junior communication companies.

Bragg has a current market cap of approximately C$ 187 million. Its stock has a present P/CF ratio of 8.70, and its 30-day average stock trading volume stands at 2.2 million units, according to TMX data. 

Shaw Communications Inc. (TSXV: SJR.A)

Current Price: C$ 26.95

One of the leading telecom providers in Canada, Shaw stocks are listed both on TSX and TSXV.

On the TSXV, the telecom stock has increased by almost 5 per cent year-to-date (YTD). The stock has surged by 7 per cent in the last three months.

The company pays a monthly cash dividend of C$ 0.099 per common unit, with a current dividend yield of 4.397 per cent. The stock delivers a positive return on equity of 10.85 per cent and a positive return on assets of 4.27 per cent. It has a present market cap of C$ 604 million.

The internet provider’s stock has an EPS of C$ 0.87 and a P/CF ratio of 6.80. Its P/E ratio stands at 19.30, and its P/B ratio is 2.209 as per the TMX portal.

Shaw is likely to release its first-quarter earnings for the fiscal year 2020 on January 13.

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