Stocks Trading at Less than Cash Value

Fortress Blockchain (FORT:TSX) and ACE Aviation Holdings (ACE.H:TSX) Trading at Less than Cash Value

Stockcalc – Free Trial

Have a free look inside the StockCalc website at www.stockcalc.com

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.

Trading at Less than Cash Value

Today we are looking at companies trading at less than cash value meaning companies whose current share price is less than the cash per share on the balance sheet. We also show the value of cash net debt per share to show how much cash per share would be left if the debt was paid off.

What this Means…

Companies can have more cash per share than the actual share price for a number of reasons including they just raised capital, are in industries that experience high burn rates and will eat through the cash quickly or if there is a lot of uncertainty about the future of the company. Companies earning a positive net income will have a P/E greater than 0 and are worth exploring in more detail.

Today’s Data on TSX

Today’s data is for companies listed on the TSX Venture Exchange.

Symbol Name Close Price Shares Outstanding P/E P/B Cash per Share Net Cash per Share
DMGI DMG Blockchain Solutions Inc 0.180000 100922558 None 0.4481 0.18 0.05
BOE GrowMax Resources Corp 0.080000 213925645 None 0.2208 0.15 0.26
CLH Coral Gold Resources Ltd 0.350000 48598537 18.9292 0.7515 0.38 0.03
GMN GobiMin Inc 0.250000 49992482 None 0.1255 0.33 0.34
FORT Fortress Blockchain Corp 0.120000 71177984 None 0.4160 0.15 None
ACE.H ACE Aviation Holdings Inc 0.180000 32475000 None None 0.35 2.19
LND Inspira Financial Inc 0.125000 45841454 None 0.4962 0.20 0.20
GLW Galway Gold Inc 0.135000 41627979 None 0.6353 0.16 None
ICL Itasca Capital Ltd 0.230000 21810626 0.8214 0.2112 0.63 None
CZQ.H Continental Precious Minerals Inc 0.355000 11706896 None 0.8037 0.44 None
RRR.UN R&R Real Estate Investment Trust 0.120000 32394304 None 0.1641 0.21 -1.00
AET Aethon Minerals Corp 0.140000 27633333 None 0.3171 0.19 None
NOL.H Knol Resources Corp 0.060000 55696470 None 0.9684 0.06 1.43
SAT Asian Television Network International Ltd 0.130000 24402914 None 0.5081 0.14 0.13
BITK BlockchainK2 Corp 0.185000 15901625 None 0.8289 0.23 0.00
HOC Hunter Oil Corp 0.200000 13260871 None 0.9526 0.30 0.28
CBV Cobra Venture Corp 0.100000 15903748 None 0.4914 0.14 -0.01
TRU.H Trius Investments Inc 0.140000 11270841 None 1.0189 0.14 0.06
ITG Intact Gold Corp 0.075000 18182651 None 0.6381 0.10 0.10
TLK Frankly Inc 0.395000 2656917 None None 1.09 -6.70
VIC.P Victory Capital Corp 0.100000 5088750 None 0.8437 0.12 None
POC Pacific Iron Ore Corp 0.075000 6737858 None 0.2297 0.08 0.13
FCO Fabled Copper Corp 0.060000 1435331 None 0.8685 0.12 None
FAU.H Fire River Gold Corp. 0.090000 3161570 None None 0.10 0.00
BCO.H British Controlled Oilfields Ltd 0.650000 4068563 None None 0.85 None

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.

FORT:TSX Fortress Blockchain

http://www.fortressblockchain.io
Fortress Blockchain has None employees and is headquartered in Canada.
Focused Capital II Corp is a capital pool company.

ACE.H:TSX ACE Aviation Holdings

http://www.aceaviation.com
ACE Aviation Holdings has 1 employees and is headquartered in Canada.
ACE Aviation Holdings Inc is an investment company that helds aviation interests.

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.