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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 |
---|---|---|---|---|---|---|---|
AGI.WT | Alamos Gold Inc | 1.010000 | 299137326 | None | None | 1.60 | 0.59 |
AM.H | Automodular Corp | 2.430000 | 12980027 | None | 0.9498 | 2.56 | 2.13 |
KGF | King George Financial Corp | 0.560000 | 39556460 | 2.0741 | 0.6112 | 0.59 | 0.59 |
BOE | GrowMax Resources Corp | 0.100000 | 213925645 | None | 0.2502 | 0.22 | 0.26 |
BAT | Batero Gold Corp | 0.085000 | 115182383 | None | 0.4484 | 0.11 | None |
EUO | Eurocontrol Technics Group Inc | 0.095000 | 91750238 | None | 0.5070 | 0.10 | 0.02 |
FRK | Front Range Resources Ltd | 0.130000 | 54855063 | None | 0.1891 | 0.25 | None |
ECC | Ethos Gold Corp | 0.150000 | 47335381 | None | 0.9313 | 0.16 | None |
IGP | Imperial Ginseng Products Ltd | 0.920000 | 7209847 | 8.3636 | 0.2918 | 1.47 | 1.13 |
ACE.H | ACE Aviation Holdings Inc | 0.195000 | 32475000 | 6.6667 | 0.0486 | 0.35 | 2.19 |
BSR | Bluestone Resources Inc | 1.350000 | 4262954 | None | 0.0706 | 8.68 | 8.67 |
BSR | Bluestone Resources Inc | 1.350000 | 4262954 | None | 0.0706 | 8.68 | 8.67 |
EEL | Esrey Energy Ltd | 0.130000 | 39762771 | None | 0.5512 | 0.16 | 0.17 |
RRR.UN | R&R Real Estate Investment Trust | 0.160000 | 31804795 | None | 1.7454 | 0.25 | 0.09 |
MBG | Malbex Resources Inc | 0.330000 | 14654730 | None | 0.9111 | 0.37 | 0.46 |
CZQ.H | Continental Precious Minerals Inc | 0.320000 | 11706896 | None | 0.6401 | 0.48 | None |
BCO.H | British Controlled Oilfields Ltd | 0.650000 | 4068563 | None | None | 0.85 | None |
CBV | Cobra Venture Corp | 0.120000 | 15903748 | None | 0.5145 | 0.16 | -0.01 |
POC | Pacific Iron Ore Corp | 0.155000 | 6737858 | None | 0.3707 | 0.18 | 0.13 |
LSC | LSC Lithium Corp | 1.350000 | 615385 | None | 0.0138 | 42.88 | None |
LSC | LSC Lithium Corp | 1.350000 | 615385 | None | 0.0138 | 42.88 | None |
FBR.H | Fibre-Crown Manufacturing Inc | 0.095000 | 7107764 | 4.7500 | 0.7578 | 0.11 | 0.15 |
WAS.H | Watusi Capital Corp | 0.105000 | 4000000 | None | 0.8616 | 0.12 | None |
CVB.H | Compass Gold Corp | 0.065000 | 3805078 | None | None | 0.10 | 0.07 |
LEQ.H | Leo Acquisitions Corp | 0.070000 | 2921357 | None | 0.9254 | 0.09 | 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.
AGI.WT:TSX Alamos Gold
http://www.alamosgold.com
Alamos Gold has 1300 employees and is headquartered in Canada.
Alamos Gold Inc is engaged in the exploration, mine development and extraction of precious metals. It owns and operates the Mulatos mine and holds the mineral rights to the Salamandra group of concessions in the State of Sonora, Mexico.
AM.H:TSX Automodular
http://www.automodular.com
Automodular has 525 employees and is headquartered in Canada.
Automodular Corp is engaged in sequencing and sub-assembly of modules that are installed in equipment assembled by North American Original Equipment Manufacturers at plants in Canada. Its offerings include instrument panel, power pack and rear suspension.
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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.