GuruFocus' 52-Week Low Screener
, we were able to see which stocks from our northern neighbor
have parted the furthest from their peak prices in the past year,
displaying stocks that are within 2 percent of their 52-week
We're excited to commence our coverage of global stocks, starting
with Canada. If you'd like to read more about Canada stocks, also
Canada's Undervalued Predictable Companies
Canada's Top Dividend-Paying Stocks
Canadian High Income Equity Fund (
The Canadian High Income Equity Fund is overseen by Brompton
Funds Limited, a closed-end fund manager dealing with about $1.3
billion in assets. The fund has drifted 88.9 percent from its
March peak price of $12.35, and currently trades at $1.37.
In three years, the fund has gained 4.23 percent in market value.
The fund has a yield of 6.44 percent.
TSX:CIQ.UN data by GuruFocus.com
Canadian High Income Equity Fund consists of income trusts, REITS
and dividend-paying equities. Brompton created the fund in 2011
to capitalize on the undervalued high income investment
opportunities in Canada's income trust sector, and expanding the
high common equity market that Brompton expected to continue
since its inception.
The fund has a monthly distribution of $0.065 per unit. Its
portfolio manager is Paul Bloom of Bloom Investment Counsel.
As of Dec. 31, Canadian High Income Equity Fund's largest
represented sector was oil and gas, which is 29.4 percent of its
portfolio; 22.9 percent is composed of pipes, power, utilities
and infrastructure stocks and 15 percent is composed of real
Its top three holdings are Chemtrade Logistic Income Fund (
), EnerCare Inc. (ECI) and ARC Resources Ltd. (
View the rest of its summary at Canadian High Income Equity Fund.
Skylon Global Capital Yield Trust (
Closed-end investment trust Skylon Global has drifted 66.8
percent from its July peak price of $24.83, and currently trades
In three years, the company has gained 3.24 percent in market
value. The fund has a yield of 7.3 percent.
TSX:SLP/UN data by GuruFocus.com
Established in 2002, Skylon goes for high-yield debt securities,
with the goal of returning profits worth at least the original
subscription price of the units to unitholders
Bill Gross' PIMCO is a co-adviser of the trust, and CI
Investments Inc. is its primary manager. Some of the top holdings
in Skylon's portfolio include 20,763 shares of Celestica Inc. (
), 20,344 shares of Dundee Corp. (DEN) and 11,724 shares of
Research In Motion Ltd. (
) as of its 2012 semi-annual report.
View details of the portfolio at Skylon Global Capital Yield
Surge Energy Inc. (
Manitoba-based oil and gas company, Surge Energy has drifted from
its one-year peak price of $11.17, by 62.8 percent. Currently it
trades at $4.16.
In three years, the company has gained 30 percent in market
TSX:SGY data by GuruFocus.com
Market capitalized at almost $300 million, one of Surge's recent
projects is its drilling and placement of 22 gross planned wells
in the Valhalla South location. Surge's targeted exit production
is 11,000 boe per day.
GuruFocus ranks Surge one star in Business Predictability, 5 in
Financial Strength and 6 in Profitability and Growth. Its revenue
has surged at an average rate of 13.4 percent in 10 years, and
its EBITDA, 6 percent on average for the same period.
View more of its details in 10-Year Financials.
Pinecrest Energy Inc. (
Calgary-based petroleum and natural gas exploration company
Pinecrest Energy is down 61.6 percent from its peak price in the
last year. Currently, it trades at $1.34.
In three years, the company has gained 2.92 percent in market
TSXV:PRY data by GuruFocus.com
In December, Pinecrest was shoved aside from its deal to merge
with Spartan Oil Corp., that would have been worth $427 million
in Canadian dollars. Instead, Spartan Oil accepted being acquired
by Bonterra Energy, leaving Pinecrest a non-completion fee of
"Pinecrest will continue to pursue opportunities to enhance
shareholder growth through strategic acquisitions and
implementation of its waterflooding program, as previously
announced," the company said in a statement. "The combination of
Pinecrest's large drilling inventory, industry leading production
netback, improving capital efficiencies and attenuated corporate
decline rate will drive the growth profile of Pinecrest for the
One of Pinecrest's Good Signs on GuruFocus indicates a P/B ratio
close to a two-year low. Its Severe Warning sign indicates that
the company is in the distress zone under the Altman Z-Score.
View more of its details on 10-Year Financials.
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