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Here we want to highlight that our TechFund strategy has been doing great since we started to publish our strategies from October 9th under Stock Picks. As we published an article on Nov 26th regarding SMTS, here we would like to showcase one more stock MOGO, which has increased more than 54% since we have added that in our TechFund strategy picks. 

If you want to know more about SMTS and MOGO read our full article. 

Sierra Metals Inc. (SMTS) was a big mover last session, as the company saw its shares rise nearly 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of 67.9-83.4 cents per share in the past one-month time frame.

The company has seen one negative estimate revision in the past month, while its Consensus Estimate for the current quarter has also moved lower in the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last. We have already dropped it from our portfolio strategy on Nov 20th.

Don’t miss: Sierra Metals Inc (SMTS)– A Gold Pick by StockXpo’s TechFund Strategy – which jumped almost 39% in a week

Now let’s talk about MOGO stock This financial technology company provides financial health apps to consumers with solutions to manage and control their finances. It saw a positive earnings estimate revision of 4 cents over the past 30 days for this year and has an estimated earnings growth rate of 43.5%. The stock carries a Growth Score of B by one of the top analyst firms. 

Mogo Inc (MOGO)  came out with a quarterly loss of $0.02 per share versus the Consensus Estimate of a loss of $0.07. This compares to a loss of $0.17 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of 71.43%. A quarter ago, it was expected that this company would post a loss of $0.24 per share when it actually produced a loss of $0.16, delivering a surprise of 33.33%.

Over the last four quarters, the company has surpassed consensus EPS estimates two times.

Mogo Inc, which posted revenues of $7.82 million for the quarter ended June 2020, beating the  Estimate by 1.82%. This compares to year-ago revenues of $12.24 million. The company has topped consensus revenue estimates three times over the last four quarters.

Please note that MOGO was added in our TechFund strategy on 20th Nov. You can find the details on our article here. On Nov 20th, it’s price was $2.05. Since then it rose by more than 55% – and it hit the 52 week high of $3.62. 

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