MART RESOURCES $1.34 – Toronto symbol MMT

MART RESOURCES $1.34 (Toronto symbol MMT; TSINetwork Rating: Speculative) (403-270-1841; www.martresources.com; Shares outstanding: 356.6 million; Market cap: $477.8 million; Dividend yield: 14.9%) produces oil at its 50%-held Umusadege field in southern Nigeria’s Niger Delta region.

Last year, the company finished building a central processing facility at… Read More

These two have big potential—and big risk

MART RESOURCES $1.19 (Toronto symbol MMT; TSINetwork Rating: Speculative) (403-270-1841; www.martresources.com; Shares outstanding: 356.6 million; Market cap: $449.3 million; Dividend yield: 16.8%) produces oil at its 50%-held Umusadege field in the Niger Delta region of southern Nigeria. The company recently completed construction of a new… Read More

MART RESOURCES $1.19 – Toronto symbol MMT

MART RESOURCES $1.19 (Toronto symbol MMT; TSINetwork Rating: Speculative) (403-270-1841; www.martresources.com; Shares outstanding: 356.6 million; Market cap: $449.3 million; Dividend yield: 16.8%) produces oil at its 50%-held Umusadege field in the Niger Delta region of southern Nigeria.

The company recently completed construction of a new central… Read More

Stock Pickers Digest Hotline – Friday, July 19, 2013

AASTRA TECHNOLOGIES, $23.65, symbol AAH on Toronto, jumped this week after the company reported improved sales and earnings in the latest quarter—and announced a $7.20-a-share special dividend.

The company develops and markets products and systems for accessing communication networks, including the Internet. Its technology is centred… Read More

Pat: If I buy a speculative stock and it goes up 200% or more, do I sell half or just the amount equalling the original investment? I’m thinking of shares of Mart Resources, a pick of Stock Pickers Digest that I own. It was recently up 250% from a year ago. Thanks.

Mart Resources, $1.35, symbol MMT on Toronto (Shares outstanding: 355.9 million; Market cap: $480.5 million; www.martresources.com), is focused on developing, producing and drilling for oil at its properties in Africa. The company is currently producing oil at its 50%-held Umusadege field in Nigeria.

Mart’s shares moved… Read More

High risk, high return

MART RESOURCES $1.50 (Toronto symbol MMT; TSINetwork Rating: Speculative) (403-270 -1841; www.martresources.com; Shares outstanding: 337.0 million; Market cap: $505.5 million; Dividend yield: 13.3%) is up over 40% since late June, when it declared a special dividend of $0.10 a share, payable on August 8. Mart… Read More

MART RESOURCES $1.50 – Toronto symbol MMT

MART RESOURCES $1.50 (Toronto symbol MMT; TSINetwork Rating: Speculative) (403-270 -1841; www.martresources.com; Shares outstanding: 337.0 million; Market cap: $505.5 million; Dividend yield: 13.3%) is up over 40% since late June, when it declared a special dividend of $0.10 a share, payable on August 8. Mart… Read More