Updating McCoy Global, Sasol Ltd. (ADR) and Hecla Mining

MCCOY GLOBAL $0.62 (Toronto symbol MCB; TSINetwork Rating: Speculative) (780-453-8451; www.mccoyglobal.com; Shares outstanding: 27.4 million; Market capitalization: $17.1 million; No dividends paid) sells power tongs and other hydraulic gear for oil and gas drilling rigs. (Power tongs are wrench-like tools that tighten and loosen the… Read More

Lower costs set them up for a rebound

WAJAX CORP. $15.74 (Toronto symbol WJX; TSINetwork Rating: Extra Risk) (905-212-3300; www.wajax.ca; Shares outstanding: 20.2 million; Market cap: $315.6 million; Dividend yield: 6.4%) sells and services cranes, forklifts and other heavy equipment. It also provides related parts and systems such as ball bearings, hoses, diesel engines and… Read More

Restructuring turns around their profits

WAJAX CORP. $18.66 (Toronto symbol WJX; TSINetwork Rating: Extra Risk) (905-212-3300; www.wajax.ca; Shares outstanding: 20.0 million; Market cap: $369.8 million; Dividend yield: 5.4%) sells and services cranes, forklifts and other heavy equipment. It also provides related parts and systems such as ball bearings, hoses, diesel engines and… Read More