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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Disclosure

Except for the historical information presented herein, matters discussed in this document contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements.

Ubika Research and www.smallcappower.com (are both divisions of Ubika Corporation), and are not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this report. For making specific investment decisions, readers should seek their own advice. For full disclosure please visit: http://www.smallcappower.com/pages/small-cap-power-disclosure.

For additional information contact:
Mark Thorburn
Manager, Media Relations
Email: mark@smallcappower.com
Phone: 416.646.1941