TSX’s Venture 50: Part 1 of Our Look at the Top 10 Green Companies in Canada

The TSX-Venture exchange put out its annual TSX Venture 50 list, naming the top 10 companies over five sectors. Judging by factors such as price change, market cap growth, analyst coverage and trading volume, the following list was given covering Canada’s Clean Tech (or “Green”) sector.

The TSX-Venture exchange put out its annual TSX Venture 50 list, naming the top 10 companies over five sectors. Judging by factors such as price change, market cap growth, analyst coverage and trading volume, the following list was given covering Canada’s Clean Tech (or “Green”) sector.

1. Canadian Oil Recovery & Remediation Enterprises Ltd (TSX-V:CVR)

2. OPEL Technologies Inc. (TSX-V:OPL)

3. Western Wind Energy Corp. (TSX-V:WND)

4. Naturally Advanced Technologies Inc. (TSX-V:NAT)

5. Seair Inc. (TSX-V:SDS)

6. Innovative Composites International Inc. (TSX-V:IC)

7. EnWave Corporation (TSX-V:ENW)

8. Titanium Corporation Inc (TSX-V:TIC)

9. Wavefront Technology Solutions Inc. (TSX-V:WEE)

10. H2O Innovation Inc. (TSX-V:HEO)

Here now is part 1 of our 2-part breakdown of this year’s honourees.

1- Canadian Oil Recovery & Remediation Enterprises Ltd(TSX-V:CVR)

Topping off the list is CORRE, known for its proprietary Advanced Recovery Equipments Systems (“ARES”) for oil recovery and soil remediation. The company’s share price increased from $0.23 to $0.44 over 2011 for a change of 91%, but more importantly, CORRE’s mkt cap increased 154% over the year. The business is international, gaining qualifications to work with the Kuwait Oil Company, and turning heads with its ability to clean oil-contaminated soil to results showing 0.33% remaining oil (compared to the international standard of 1.0%).

2-OPEL Technologies Inc.(TSX-V:OPL)

OPEL’s strategy is to “Harness the Sun Through Concentration,” offering next generation technology to design and produce reliable, high performance, low cost systems incorporating trackers and concentrating solar panels. Though the price for OPEL didn’t move too much over the year (only a 6% gain), the sheer volume of shares did. OPEL trades a lot and trades often, gaining a trading volume over the year of 239,115,963, which is almost 50M more shares traded than the 190,608,171 traded by the other nine companies on this list combined.

3- Western Wind Energy Corp.(TSX-V:WND)

Boasting production of clean, renewable energy from more than 500 wind turbines and a solar field with 165 MW of rate capacity, Western Wind makes the list again in 2012. Gaining 26% in share price over the year, and 46% in market cap, WND has grown at a nice pace, but also gains traction with a pair of analysts giving the company regular coverage.

4- Naturally Advanced Technologies Inc.(TSX-V:NAT)

Naturally Advanced are providers of sustainable and affordable materials for consumer products, using a proprietary treatment that turns bast fiber stock such as flax and hemp into fibers that are as comfortable as cotton, but more durable and eco-friendly. Healthy growth over the year saw NAT’s share price gain 60% in 2011, and market cap growth of 90%.

5- Seair Inc.(TSX-V:SDS)

Seair’s claim to fame is technology that carries out the extremely efficient diffusion of gases such as Oxygen, Ozone and/or CO2 into a liquid, resulting in a supersaturate solution. This technology can be used across multiple sectors, including waste/ water treatment, pulp and paper, aquaculture, agriculture/horticulture, sterilization, and oil and gas. A price gain from $0.53 to $1.10 for a gain of 108% easily puts Seair on the list, not to mention a market cap gain of 153%. This would’ve been higher on the list, had it not had the lowest trading volume of all others mentioned, with less than half of the volume of the next lowest.

Look to us tomorrow for Part 2 of our breakdown of the list.

Terra Hamilton

VantageWire – Green

--

Disclaimer: No information in this article should be construed as individualized investment advice. A licensed financial advisor should be consulted prior to making any investment decision. VantageWire makes no guarantee, representation or warranty and accepts no responsibility or liability as to its accuracy or completeness. Expressions of opinion are those of the VantageWire only and are subject to change without notice. VantageWire assumes no warranty, liability or guarantee for the current relevance, correctness or completeness of any information provided within this article and will not be held liable for the consequence of reliance upon any opinion or statement contained herein or any omission. The author of this article does not currently own shares of any of the companies mentioned in this article. Furthermore, VantageWire assumes no liability for any direct or indirect loss or damage or, in particular, for lost profit, which you may incur as a result of the use and existence of the information, provided within this article.