Analyst Overvalued Stocks on the TSX September 2024

September 24, 2024

Analyst Overvalued

Companies on this list are considered overvalued based on the analyst consensus. This means that the average analyst target price is less than the close price.

TSX Venture Exchange

The TSX Venture Exchange is a stock exchange headquartered in Calgary, Alberta, Canada. It is an exchange for the securities of early-stage businesses.

About the Data

This table includes the close price and analyst target price mean from most recent available data. The fiscal year indicates the year for the analyst target price, as the target may not always be for the current year. The number of estimates indicates the number of analyst targets used to calculate the target price mean.

How do you use this table?

Analysts believe that the companies on this list will see the close price drop to their target price mean by the target year indicated. Companies with a large analyst following or large difference between close price and target price are particularly interesting to investigate further. This becomes a starting point for further analysis to understand why these companies are overvalued. Stocks in this category are generally sold to preserve capital.

For an in-depth look at the fundamentals and valuation of each company, try the stockcalc platform free for 30 days.

SymbolNameClose PriceTarget Price MeanTarget YearNumber of EstimatesCurrency
OGN Orogen Royalties Inc 1.55 1.50 2025 1 CAD
RIO Rio2 Ltd 0.63 0.60 2025 1 CAD
All data provided as at market close September 23, 2024.

Company Details

Orogen Royalties Inc

OGN:TSX-V

Close Price

1.55

Target Price Mean

1.50

Target Year

2025

Target Price # Estimates

1

Orogen Royalties Inc is a royalty and mineral exploration company. It has a diverse portfolio of precious metal royalties and copper, gold and silver exploration projects in Canada, United States, Mexico, Argentina, Kenya and Colombia. The company has two business segments namely: mineral royalties and mineral exploration project generation. The Company also owns a geological database covering parts of Mexico, central Asia, South Pacific, western Canada and western United States.

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Rio2 Ltd

RIO:TSX-V

Close Price

0.63

Target Price Mean

0.60

Target Year

2025

Target Price # Estimates

1

Rio2 Ltd is a mining company with a focus on development and mining operations. It focuses on taking its Fenix Gold Project in Chile to production in the shortest possible timeframe based on a staged development strategy. In addition to the Fenix Gold Project in development in Chile.

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Orogen Royalties and Rio2 are among the most overvalued TSX stocks this month. See the most overvalued companies on the blog: https://www.stockcalc.com/Blog/analyst-overvalued-stocks-tsx-september-2024
Orogen Royalties $OGN and Rio2 $RIO on the #TSX among the most overvalued this month. See the full list of overvalued companies: https://www.stockcalc.com/Blog/analyst-overvalued-stocks-tsx-september-2024
Orogen Royalties and Rio2 are among the most overvalued TSX stocks this month. See the most overvalued companies on the blog: https://www.stockcalc.com/Blog/analyst-overvalued-stocks-tsx-september-2024

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