Leagold Mining (LMC:TSX) and Chesapeake Gold (CKG:TSX) Are Undervalued

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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
SRX Storm Resources Ltd 2017 4.040000 6.0682 CAD 11
LMC Leagold Mining Corp 2017 2.600000 5.7500 CAD 1
LXE Leucrotta Exploration Inc 2017 1.780000 3.3667 CAD 15
OGI OrganiGram Holdings Inc 2018 2.300000 3.6250 CAD 4
MJN Cronos Group Inc 2017 1.730000 4.0000 CAD 3
CKG Chesapeake Gold Corp 2017 3.560000 6.0000 CAD 1
AT AcuityAds Holdings Inc 2017 4.400000 6.0625 CAD 4
EMC Emblem Corp 2017 1.700000 3.6625 CAD 4
THCX The Hydropothecary Corp 2018 1.700000 3.8500 CAD 2
FCF Founders Advantage Capital Corp 2017 2.900000 4.5625 CAD 4
MPH Medicure Inc 2017 6.800000 12.2167 CAD 3
BLN Blackline Safety Corp 2017 3.650000 6.3750 CAD 2
SIL SilverCrest Metals Inc 2017 1.950000 3.2500 CAD 1
M Mosaic Capital Corp 2017 8.450000 10.8750 CAD 4
POE Pan Orient Energy Corp 2017 1.510000 3.4000 CAD 1
LTE Lite Access Technologies Inc 2018 1.990000 4.2500 CAD 1
ABCN ABcann Global Corp 2017 1.010000 2.4000 CAD 1
PRN Profound Medical Corp 2017 0.890000 2.9667 CAD 3
TTR Titanium Transportation Group Inc 2017 1.100000 2.5625 CAD 4
GFG GFG Resources Inc 2018 0.780000 2.1000 CAD 1
WOW.A Wow Unlimited Media Inc 2017 1.600000 3.1500 CAD 1
CBX Cortex Business Solutions Inc 2018 3.800000 6.3125 CAD 4
ACST Acasti Pharma Inc 2018 1.750000 10.0000 CAD 1
AFCC Automotive Finco Corp 2018 2.700000 4.0000 CAD 1
RP RepliCel Life Sciences Inc 2017 0.820000 3.5000 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.

LMC:TSX Leagold Mining

http://www.leagold.com/
Leagold Mining has None employees and is headquartered in Canada.
Leagold Mining Corp is an exploration stage company. It is engaged in the acquisition of gold mining operations and advanced-stage development projects with a focus in Latin America.

CKG:TSX Chesapeake Gold

http://www.chesapeakegold.com
Chesapeake Gold has 30 employees and is headquartered in Canada.
Chesapeake Gold Corp is a mining company. It is engaged in the exploration, development and recovery of precious metals. The company’s properties are located at Mexico, United States and Guatemala.

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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.