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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 |
|---|---|---|---|---|---|---|
| SRX | Storm Resources Ltd | 2017 | 4.000000 | 6.0750 | CAD | 10 |
| WED | Westaim Corp | 2017 | 3.110000 | 4.5333 | CAD | 3 |
| LMC | Leagold Mining Corp | 2017 | 2.480000 | 5.7500 | CAD | 1 |
| LXE | Leucrotta Exploration Inc | 2017 | 1.750000 | 3.3929 | CAD | 14 |
| MJN | Cronos Group Inc | 2017 | 1.750000 | 3.9500 | CAD | 4 |
| CKG | Chesapeake Gold Corp | 2017 | 3.250000 | 6.0000 | CAD | 1 |
| AT | AcuityAds Holdings Inc | 2017 | 4.210000 | 6.0625 | CAD | 4 |
| MPH | Medicure Inc | 2017 | 7.830000 | 12.2167 | CAD | 3 |
| EMC | Emblem Corp | 2017 | 1.690000 | 3.6625 | CAD | 4 |
| THCX | The Hydropothecary Corp | 2018 | 1.500000 | 3.8500 | CAD | 2 |
| FCF | Founders Advantage Capital Corp | 2017 | 2.890000 | 4.5625 | CAD | 4 |
| SOG | Strategic Oil & Gas Ltd | 2017 | 2.000000 | 4.0000 | CAD | 1 |
| POE | Pan Orient Energy Corp | 2017 | 1.770000 | 3.4000 | CAD | 1 |
| SIL | SilverCrest Metals Inc | 2017 | 1.840000 | 3.2500 | CAD | 1 |
| M | Mosaic Capital Corp | 2017 | 7.850000 | 10.9167 | CAD | 3 |
| LTE | Lite Access Technologies Inc | 2018 | 1.820000 | 4.0000 | CAD | 1 |
| ABCN | ABcann Global Corp | 2017 | 0.960000 | 2.4000 | CAD | 1 |
| PRN | Profound Medical Corp | 2017 | 0.900000 | 2.9667 | CAD | 3 |
| TTR | Titanium Transportation Group Inc | 2017 | 1.100000 | 2.5625 | CAD | 4 |
| CBX | Cortex Business Solutions Inc | 2018 | 4.100000 | 7.0000 | CAD | 4 |
| GFG | GFG Resources Inc | 2018 | 0.700000 | 2.1000 | CAD | 1 |
| ACST | Acasti Pharma Inc | 2018 | 1.690000 | 10.0000 | CAD | 1 |
| AFCC | Automotive Finco Corp | 2018 | 2.500000 | 4.0000 | CAD | 1 |
| RP | RepliCel Life Sciences Inc | 2017 | 0.750000 | 3.5000 | CAD | 1 |
| BSR | Bluestone Resources Inc | 2017 | 1.670000 | 4.0000 | 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.
WED:TSX Westaim
http://www.westaim.com
Westaim has 8 employees and is headquartered in Canada.
Westaim Corp is a Canadian investment company engaged in providing long-term capital to businesses operating within the financial services industry. It provides its shareholders with capital appreciation and real wealth preservation.
LXE:TSX Leucrotta Exploration
http://www.leucrotta.ca
Leucrotta Exploration has 17 employees and is headquartered in Canada.
Leucrotta Exploration Inc is engaged in the acquisition, development, exploration, and production of oil and natural gas reserves in northeastern British Columbia, Canada.
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.