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 |
|---|---|---|---|---|---|---|---|
| BOE | GrowMax Resources Corp | 0.100000 | 213925645 | None | 0.2631 | 0.18 | 0.26 |
| CLH | Coral Gold Resources Ltd | 0.385000 | 47315337 | 4.2778 | 0.8280 | 0.40 | 0.03 |
| GMN | GobiMin Inc | 0.345000 | 50005482 | None | 0.1752 | 0.48 | 0.46 |
| BAT | Batero Gold Corp | 0.080000 | 115182383 | None | 0.4870 | 0.09 | None |
| GRC | Grenville Strategic Royalty Corp | 0.065000 | 106317656 | None | 0.3119 | 0.07 | -0.08 |
| EUO | Eurocontrol Technics Group Inc | 0.075000 | 91750238 | None | 0.4716 | 0.09 | 0.02 |
| ACE.H | ACE Aviation Holdings Inc | 0.175000 | 32475000 | None | None | 0.35 | 2.19 |
| NIR | Noble Iron Inc | 0.205000 | 27417479 | None | 0.4575 | 0.43 | 0.42 |
| CXA.H | Consolidated HCI Holdings Corp | 0.245000 | 20575866 | 8.1667 | 0.8487 | 0.32 | 0.38 |
| CZQ.H | Continental Precious Minerals Inc | 0.370000 | 11706896 | 63.4249 | 0.7656 | 0.48 | None |
| RRR.UN | R&R Real Estate Investment Trust | 0.090000 | 32394304 | None | 0.3294 | 0.19 | -0.67 |
| FRK | Front Range Resources Ltd | 0.055000 | 54855063 | 0.0962 | 0.2545 | 0.06 | None |
| CBV | Cobra Venture Corp | 0.105000 | 15903748 | None | 0.4956 | 0.14 | -0.01 |
| RUN | Running Fox Resource Corp | 0.025000 | 54770548 | None | 0.8601 | 0.03 | 0.01 |
| POC | Pacific Iron Ore Corp | 0.125000 | 6737858 | None | 0.3233 | 0.14 | 0.13 |
| FP | FP Newspapers Inc | 0.095000 | 6902592 | None | 0.1252 | 0.11 | -15.71 |
| KHA.H | Knighthawk Inc | 0.055000 | 11849853 | None | 0.8542 | 0.08 | 0.11 |
| PPV.H | P&P Ventures Inc | 0.040000 | 4939997 | None | 0.4857 | 0.08 | -0.05 |
| SDV.H | Sumtra Diversified Inc | 0.040000 | 6237400 | None | None | 0.04 | None |
| TVR.H | Tri-River Ventures Inc | 0.035000 | 26695431 | None | None | 0.04 | 0.09 |
| MVM | MillenMin Ventures Inc | 0.050000 | 42100000 | None | None | 0.06 | None |
| AVT | Alloycorp Mining Inc | 0.045000 | 74009171 | None | None | 0.06 | -2.12 |
| VHO | Virginia Hills Oil Corp | 0.020000 | 20954000 | None | None | 0.04 | -4.70 |
| SEG.H | Snow Eagle Resources Ltd | 0.020000 | 6700000 | None | None | 0.02 | None |
| 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.
GRC:TSX Grenville Strategic
http://www.grenvillesrc.com
Grenville Strategic has 5 employees and is headquartered in Canada.
Grenville Strategic Royalty Corp is a Canada-based royalty investment company. It is engaged in buying royalty interests in the revenue generated by small and medium-sized businesses operating across a wide range of industry sectors.
EUO:TSX Eurocontrol Technics Gr
http://www.eurocontrol.ca
Eurocontrol Technics Gr has None employees and is headquartered in Canada.
Eurocontrol Technics Group Inc is Canada-based company Operates in acquisition, development and commercialization of security, authentication, verification and certification markets.
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.