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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 |
|---|---|---|---|---|---|---|
| CRON | Cronos Group Inc | 2018 | 7.180000 | 9.0000 | CAD | 5 |
| THCX | The Hydropothecary Corp | 2019 | 4.970000 | 7.4500 | CAD | 5 |
| OGI | OrganiGram Holdings Inc | 2019 | 4.450000 | 6.5000 | CAD | 5 |
| KBLT | Cobalt 27 Capital Corp | 2018 | 12.050000 | 15.7563 | CAD | 8 |
| FIRE | The Supreme Cannabis Co Inc | 2019 | 1.580000 | 3.3250 | CAD | 4 |
| HUT | Hut 8 Mining Corp | 2019 | 3.910000 | 7.8500 | CAD | 1 |
| AM.H | HLS Therapeutics Inc | 2018 | 9.650000 | 14.5000 | CAD | 1 |
| BLN | Blackline Safety Corp | 2018 | 5.590000 | 7.6667 | CAD | 3 |
| ICC | ICC Labs Inc | 2018 | 1.270000 | 2.9167 | CAD | 3 |
| FIL | Filo Mining Corp | 2018 | 2.300000 | 4.5750 | CAD | 4 |
| WMD | WeedMD Inc | 2018 | 1.790000 | 4.1250 | CAD | 2 |
| RX | Biosyent Inc | 2018 | 10.030000 | 11.7500 | CAD | 2 |
| CKG | Chesapeake Gold Corp | 2018 | 2.210000 | 4.0000 | CAD | 1 |
| MPH | Medicure Inc | 2018 | 5.960000 | 10.6000 | CAD | 2 |
| BSR | Bluestone Resources Inc | 2018 | 1.300000 | 3.1000 | CAD | 2 |
| PRN | Profound Medical Corp | 2018 | 0.980000 | 2.9000 | CAD | 5 |
| TLG | Troilus Gold Corp | 2018 | 1.600000 | 3.6429 | CAD | 7 |
| POE | Pan Orient Energy Corp | 2018 | 1.100000 | 3.4000 | CAD | 1 |
| PEA | Pieridae Energy Ltd | 2018 | 4.500000 | 8.5000 | CAD | 1 |
| KUU | KuuHubb Inc | 2019 | 0.800000 | 4.0000 | CAD | 2 |
| CBX | Cortex Business Solutions Inc | 2019 | 3.600000 | 7.2750 | CAD | 4 |
| EPI | ESSA Pharma Inc | 2018 | 5.110000 | 36.0168 | CAD | 1 |
| AT | AcuityAds Holdings Inc | 2018 | 0.640000 | 2.3167 | CAD | 3 |
| ACST | Acasti Pharma Inc | 2019 | 0.810000 | 4.0000 | CAD | 1 |
| RP | RepliCel Life Sciences Inc | 2018 | 0.340000 | 2.1500 | 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.
CRON:TSX Cronos Group
http://www.thecronosgroup.com
Cronos Group has 7 employees and is headquartered in Canada.
Cronos Group Inc is a diversified and vertically integrated cannabis company. It produces and sells legal marijuana in the Canadian medical market.
THCX:TSX Hydropothecary
http://www.thcx.com
Hydropothecary has 98 employees and is headquartered in Canada.
The Hydropothecary Corp is in the business of producing, marketing and selling of medical marijuana through its indirect wholly-owned subsidiary. The product lines include H2, Decarb, and Elixir No. 1.
Free Valuation
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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.