Top pick Barrick Mining just raised its dividend a whopping 140% as it generates record earnings and continues its strategic asset reorganization.
Warner Music Group Corp. is well-positioned for higher-margin catalog revenues, added streaming adoption, and new AI monetization opportunities.
ARC Resources keeps returning its cash flow to shareholders through a growing dividend and substantial share buybacks.
Become a Successful Investor
Investing in high-risk investment opportunities may look like a quick way to supercharge your portfolio gains—but it’s more likely to kill those gains
Understanding the difference between aggressive and conservative stocks will help you invest more safely with a well-diversified portfolio
Aecon Group Inc., $13.50, symbol ARE on Toronto (Shares outstanding: 56.5 million; Market cap: $769.1 million; www.aecon.com), is one of Canada’s largest infrastructure developers. The company and its predecessors built Canadian landmarks like the CN Tower, the St. Lawrence Seaway, the Calgary Olympic Oval and the Halifax Shipyards. Aecon has three main divisions: •The energy group, which accounted for 39% of the company’s revenue in the latest quarter, builds facilities and components for clients in the power industry, including nuclear reactors....
Orbite Technologies Inc., $0.44, symbol ORT on Toronto (Shares outstanding: 380.5 million; Market cap: $165.5 million; www.orbitetech.com), is the new name of Orbite Aluminae. The company has developed a way to extract alumina (which is used in the production of aluminum) and other metals—including rare ones like scandium and gallium—from mud, clay, mine tailings, bauxite and other materials. Unlike other methods, including the industry-standard Bayer process, Orbite’s approach doesn’t produce toxic waste. The company considered its pilot project a success, and it hopes to have its long-delayed three-tonne-per-day, high-purity alumina plant in operation by the end of this year. However, it’s far from certain whether Orbite’s process will be a commercial success, and it’s also unclear whether commodity producers will switch from the proven—and familiar—Bayer process unless environmental legislation forces them to. That adds a lot of risk....
Surge Energy, $2.01, symbol SGY on Toronto (Shares outstanding: 220.9 million; Market cap: $446.4 million; www.surgeenergy.ca), produces oil and gas in central and northwestern Alberta and southwestern Saskatchewan. Its output is 83% oil and 17% gas. In response to lower oil prices, and to pay down its debt, the company sold 5,300 barrels of oil equivalent of daily production in two transactions for $465 million earlier this year. It also unwound its crude oil hedging contracts for 2015 and realized a gain of over $35 million. Surge’s long-term debt now stands at $131.0 million, or a reasonable 24% of its market cap, down from $564.3 million at the end of 2014....
Marine Harvest ASA (ADR), $13.25, symbol MHG on New York (ADRs outstanding: 450.1 million; Market cap: $6.1 billion; www.marineharvest.com), produces and sells farmed salmon and other fish products worldwide. The Norway-based company was founded in 1965. Marine Harvest’s largest market is Europe, which supplies 71% of its sales. North and South America account for 18% of sales, while 9% come from Asia. The company is one of the world’s largest fish suppliers and the No. 1 farmed salmon producer. It also sells trout and whitefish, but salmon is its most important product: in 2014, it produced 414,000 tons, giving it 27% of the global farmed-salmon market....