I have used the analysis tools on the website stockcalc.com to generate some of the content of this blog post. These tools and reports are available for free at www.stockcalc.com/TopPicks.aspx.
Undervalued Stocks on TSX
Today we are looking at companies that are considered undervalued based on the Analyst data in the StockCalc database.
In the table below we can see the close price and target price for these companies along with the number of analysts covering the stock. We also have included the fiscal year for the target price as sometimes these analyst targets are not for the current or even the next fiscal year.
There can be a number of reasons why a company would be on this list. What is particularly interesting are companies with a large analyst following that make this list. We need to dig deeper into these companies to understand why the difference in price versus target.
Today’s Data on TSX
Today’s data is for companies listed on the TSX Venture Exchange.
| Symbol | Name | Target Year | Close Price | Target Price Mean | Currency | Target Price # of Estimates |
|---|---|---|---|---|---|---|
| APH | Aphria Inc | 2017 | 5.550000 | 6.4000 | CAD | 6 |
| SRX | Storm Resources Ltd | 2017 | 4.500000 | 6.4091 | CAD | 11 |
| WED | Westaim Corp | 2017 | 2.870000 | 4.0333 | CAD | 3 |
| MT | Mettrum Health Corp | 2018 | 6.760000 | 8.5500 | CAD | 3 |
| OGI | OrganiGram Holdings Inc | 2017 | 2.630000 | 4.2200 | CAD | 5 |
| MJN | PharmaCan Capital Corp | 2017 | 1.825000 | 3.0000 | CAD | 1 |
| CKG | Chesapeake Gold Corp | 2017 | 4.290000 | 6.0000 | CAD | 2 |
| LLG | Mason Graphite Inc | 2017 | 1.310000 | 2.3000 | CAD | 2 |
| FCF | Founders Advantage Capital Corp | 2017 | 3.560000 | 5.0000 | CAD | 3 |
| PRB | Probe Metals Inc | 2017 | 1.420000 | 2.5000 | CAD | 1 |
| FPC | Falco Resources Ltd | 2017 | 0.900000 | 1.7500 | CAD | 2 |
| RX | Biosyent Inc | 2017 | 7.380000 | 10.2500 | CAD | 1 |
| M | Mosaic Capital Corp | 2017 | 10.370000 | 11.3750 | CAD | 2 |
| DAN | Arianne Phosphate Inc | 2017 | 0.800000 | 1.8750 | CAD | 2 |
| POE | Pan Orient Energy Corp | 2017 | 1.410000 | 3.4000 | CAD | 1 |
| HEO | H2O Innovation Inc | 2017 | 1.650000 | 2.7500 | CAD | 1 |
| TTR | Titanium Transportation Group Inc | 2017 | 1.450000 | 2.6250 | CAD | 4 |
| OLA | Orla Mining Ltd | 2017 | 1.270000 | 2.1500 | CAD | 2 |
| GFG | GFG Resources Inc | 2017 | 1.190000 | 2.1000 | CAD | 1 |
| PRN | Profound Medical Corp | 2017 | 1.020000 | 3.2000 | CAD | 2 |
| CBX | Cortex Business Solutions Inc | 2017 | 3.000000 | 6.0833 | CAD | 3 |
| ATM | Atacama Pacific Gold Corp | 2018 | 0.375000 | 1.3250 | CAD | 2 |
| ACST | Acasti Pharma Inc | 2018 | 1.660000 | 10.0000 | CAD | 1 |
| FAN | Gaming Nation Inc | 2017 | 0.420000 | 1.2500 | CAD | 1 |
| ICC | ICC International Cannabis Corp | 2018 | 0.900000 | 2.1000 | CAD | 1 |
Let’s look at a few companies…
Lets look at a couple of the companies on this list to get a better understanding of them.
APH:TSX Aphria
http://www.aphria.com
Aphria has 57 employees and is headquartered in Canada.
Aphria Inc is engaged in the business of producing and selling medical marijuana.
WED:TSX Westaim
http://www.westaim.com
Westaim has 304 employees and is headquartered in Canada.
Westaim Corp is a Canadian investment company engaged in providing long-term capital to businesses operating within the financial services industry. It provides its shareholders with capital appreciation and real wealth preservation.
Free Valuation
Run a valuation on any of the companies listed above at www.stockcalc.com/valureport.aspx or subscribe at our Stockcalc Facebook Page to receive this list each day Stockcalc Reports.
The content presented here is in part from the website stockcalc.com and is provided on an as is or as available basis with all faults and may not be current in all cases. You should not rely on any of the information as authoritative or as a substitute for the exercise of your own skill and judgment in making an investment decision.