Eight Canadian Penny Stocks with High Free Cash Flows: Smallcappower.com Daily Investment Idea
Toronto, Ontario--(Newsfile Corp. - January 24, 2014) - Ubika Research has picked eight Canadian penny stocks trading below $1 which have generated high free cash flows and reported significant revenue growth during the trailing 12 months period. Moreover, these stocks have Free Cash Flow (FCF) to Sales ratio of more than 4% with attractive free cash flow yields. We note that these stocks are trading at price to cash flow ratio (P/CF) of less than 12. Additionally, majority of these stocks have recorded gains during the past three months with daily average traded volume above 100,000.
For investors looking to see our analyst's shortlisted eight Canadian penny stocks with high free cash flows please visit the Smallcappower.com Daily Investment Idea: http://www.smallcappower.com/posts/article-investment-idea-of-the-day-24-1-2014.
Included in the list of nine smallcap stocks are: Orvana Minerals Corp. (TSX: ORV), Scorpio Gold Corp. (TSXV: SGN), and St Andrew Goldfields Ltd. (TSX: SAS).
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