Undervalued Other Energy Source Stocks on TSE February 2024

February 25, 2024

Other Energy Sources

Companies in the Other Energy Sources industry mine thermal coal or uranium. This industry group excludes companies that mine coking coal to make steel.

Toronto Stock Exchange

The Toronto Stock Exchange (TSE) is a stock exchange located in Toronto, Ontario, Canada. It is the 10th largest exchange in the world and the third largest in North America based on market capitalization.

Our Valuation

A stock is considered undervalued if it trades at a discount to our valuation. To determine a stock’s intrinsic value, we developed an algorithm that uses 6 valuation models to determine the value of a company.* To learn more about stockcalc’s valuation methods, click here.

Undervalued Other Energy Sources stocks

Stocks in this category are traded through the commodity cycles primarily for capital appreciation. Large cap stocks in this space are also held for income.

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

SymbolNameClose Price ($)Valuation ($)Difference (%)Average Vol (30D)Market Cap ($M)Yield (%)P/E Ratio
U.UN Sprott Physical Uranium 27.31 30.09 10.17 1231481 6024 0.00 24.1
CCO Cameco 54.27 57.61 6.16 1484743 23627 0.22 65.4
All data provided as at market close February 22, 2024.

Company Details

Sprott Physical Uranium

U.UN:TSX

Close Price

27.31

Our Valuation

30.09

% Difference

10.17

Market Cap ($M)

6024

P/E Ratio

24.1

Sprott Physical Uranium Trust is an investment company managed by Denison Mines Inc. Its primary interest lies in investing in Uranium based assets, including uranium oxide and uranium hexafluoride. The company stores its uranium deposits at uranium conversion facilities.

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Cameco

CCO:TSX

Close Price

54.27

Our Valuation

57.61

% Difference

6.16

Market Cap ($M)

23627

P/E Ratio

65.4

Cameco Corp is a provider of uranium needed to generate clean, reliable baseload electricity around the globe. one of those uranium producers. Cameco has three reportable segments, uranium, fuel services and Westinghouse. It derives maximum revenue from Uranium Segment. It has some projects namely; Millennium, Yeelirrie, Kintyre and Exploration. The company operates in Canada, Kazakhstan, Germany, Australia and United States.

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Sprott Physical Uranium and Cameco are the most undervalued Other Energy Sources stocks on the TSE. See the full list on the blog: https://www.stockcalc.com/Blog/undervalued-other-energy-source-stocks-tse-february-2024
Sprott Physical Uranium $U.UN and Cameco $CCO are the most undervalued Other Energy Sources stocks on the #TSE. See the full list: https://www.stockcalc.com/Blog/undervalued-other-energy-source-stocks-tse-february-2024
Sprott Physical Uranium and Cameco are the most undervalued Other Energy Sources stocks on the TSE. See the full list on the blog: https://www.stockcalc.com/Blog/undervalued-other-energy-source-stocks-tse-february-2024

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