This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

10 Stocks Under $4 With Upside

7. Northgate Minerals (NXG) is a gold and copper producer with operations, development projects and exploration properties in Canada and Australia. The company's mines, namely Kemess, Fosterville, Stawell and Young-Davidson amounted to total proven and probable reserves of 3,555,000 ounces of contained gold and 9,247,000 pounds of copper, as of Dec. 31, 2010

Northgate finished 2010 with cash flow from operations of $56.5 million, up 36% compared to the same period a year ago. As a result, cash and cash equivalents surged to $334.8 million from $253.5 million at the end of 2009.

The company recently released an updated resource estimate for the Kemess underground project, which now holds an approximate 2.6 million ounces of gold and 861 million pounds of copper. At the Young-Davidson mine, the company reported a 20% increase in open pit reserves to 325,000 ounces. Going forward, the company expects to add further reserves as exploration activities at the mine accelerate.

Of the nine analysts covering the stock, 67% recommend a buy while the remaining rate a hold. There are no sell ratings on the stock. Analysts polled by Bloomberg forecast average 12-month price target of $4.32, about 54% higher than the stock's current price.
4 of 10

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
GLCH $3.55 0.00%
GSI $1.08 0.00%
NVAX $7.80 0.00%
PPHM $1.31 0.00%
WSTL $1.44 0.00%


Chart of I:DJI
DOW 17,798.49 -14.90 -0.08%
S&P 500 2,090.11 +1.24 0.06%
NASDAQ 5,127.5250 +11.3820 0.22%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs