Novagold Resources (NG:ASE) and MAG Silver (MAG:ASE) Are Undervalued

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Undervalued Stocks on AMEX

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 AMEX

Today’s data is for companies listed on the American Stock Exchange.

Symbol Name Target Year Close Price Target Price Mean Currency Target Price # of Estimates
NG Novagold Resources Inc 2019 3.820000 7.5000 CAD 1
SAND Sandstorm Gold Ltd 2019 3.770000 7.9591 CAD 10
MAG MAG Silver Corp 2019 8.030000 22.0814 CAD 8
REI Ring Energy Inc 2019 11.090000 21.0000 USD 2
LLEX Lilis Energy Inc 2019 5.050000 9.0000 USD 1
PTN Palatin Technologies Inc 2019 1.010000 5.5000 USD 2
GDP Goodrich Petroleum Corp 2019 13.030000 23.0000 USD 1
DLA Delta Apparel Inc 2019 18.100000 24.0000 USD 1
SNMP Sanchez Midstream Partners LP 2019 7.250000 14.0000 USD 1
PLX Protalix BioTherapeutics Inc 2019 0.725100 4.0000 USD 1
OCX OncoCyte Corp 2019 2.450000 7.0000 USD 1
USAS Americas Silver Corp 2019 2.400800 7.3333 CAD 3
FTNW FTE Networks Inc 2019 11.180000 35.0000 USD 1
ATNM Actinium Pharmaceuticals Inc 2019 0.730000 5.2000 USD 5
UFAB Unique Fabricating Inc 2019 8.110000 11.7500 USD 2
PLYM Plymouth Industrial REIT Inc 2019 15.910000 20.0000 USD 1
CVU CPI Aerostructures Inc 2019 8.450000 12.0000 USD 1
AST Asterias Biotherapeutics Inc 2019 1.400000 11.0000 USD 1
ACU Acme United Corp 2019 21.810000 29.0000 USD 1
VNRX VolitionRX Ltd 2019 2.370000 5.6667 USD 3
RNN Rexahn Pharmaceuticals Inc 2019 1.780000 16.2500 USD 2
CANF Can Fite Biofarma Ltd 2019 1.290000 8.0000 USD 1
MYO Myomo Inc 2019 2.110000 9.5000 USD 2
APHB Ampliphi Biosciences Corp 2019 1.020000 6.0000 USD 1
SYN Synthetic Biologics Inc 2019 2.540000 38.0000 USD 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.

NG:ASE Novagold Resources

http://www.novagold.com
Novagold Resources has 13 employees and is headquartered in Canada.
Novagold Resources Inc is a mineral exploration company operating in the gold mining industry, focused on advancing permitting of the Donlin Gold project in Alaska. The Company also has interest in the Galore Creek project in British Columbia, Canada.

MAG:ASE MAG Silver

http://www.magsilver.com
MAG Silver has 8 employees and is headquartered in Canada.
MAG Silver Corp is a mineral exploration and development company based in Canada. The group focuses on district-scale projects in the Mexican Silver Belt, and its main source of revenue is interest income from high interest savings accounts.

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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.