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.
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 | 4.170000 | 6.3636 | CAD | 11 |
| WED | Westaim Corp | 2017 | 2.750000 | 4.0333 | CAD | 3 |
| OGI | OrganiGram Holdings Inc | 2017 | 2.550000 | 4.0300 | CAD | 5 |
| CKG | Chesapeake Gold Corp | 2017 | 3.920000 | 5.2500 | CAD | 2 |
| LLG | Mason Graphite Inc | 2018 | 1.340000 | 2.3000 | CAD | 2 |
| INP | Input Capital Corp | 2017 | 1.710000 | 2.7200 | CAD | 5 |
| MPH | Medicure Inc | 2017 | 8.990000 | 11.9833 | CAD | 3 |
| FCF | Founders Advantage Capital Corp | 2017 | 3.350000 | 4.8750 | CAD | 4 |
| FPC | Falco Resources Ltd | 2018 | 0.870000 | 1.7500 | CAD | 2 |
| PRB | Probe Metals Inc | 2017 | 1.370000 | 2.5000 | CAD | 1 |
| MMX | Maverix Metals Inc | 2017 | 1.400000 | 2.4000 | CAD | 1 |
| RX | Biosyent Inc | 2017 | 7.490000 | 8.8750 | CAD | 2 |
| AT | AcuityAds Holdings Inc | 2017 | 3.600000 | 4.4667 | CAD | 3 |
| POE | Pan Orient Energy Corp | 2017 | 1.610000 | 3.4000 | CAD | 1 |
| BLN | Blackline Safety Corp | 2017 | 3.000000 | 8.2500 | CAD | 1 |
| M | Mosaic Capital Corp | 2017 | 10.000000 | 11.5833 | CAD | 3 |
| DAN | Arianne Phosphate Inc | 2017 | 0.810000 | 1.7750 | CAD | 2 |
| TTR | Titanium Transportation Group Inc | 2017 | 1.410000 | 2.6667 | CAD | 3 |
| GFG | GFG Resources Inc | 2018 | 1.150000 | 2.1000 | CAD | 1 |
| OLA | Orla Mining Ltd | 2017 | 1.100000 | 2.1500 | CAD | 2 |
| PRN | Profound Medical Corp | 2017 | 0.910000 | 5.0000 | CAD | 2 |
| CBX | Cortex Business Solutions Inc | 2017 | 3.490000 | 6.0833 | CAD | 3 |
| EMC | Emblem Corp | 2017 | 3.290000 | 4.5000 | CAD | 2 |
| RP | RepliCel Life Sciences Inc | 2017 | 0.890000 | 2.1500 | CAD | 1 |
| ICC | ICC International Cannabis Corp | 2018 | 0.840000 | 2.1000 | 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.
LLG:TSX Mason Graphite
http://www.masongraphite.com
Mason Graphite has None employees and is headquartered in Canada.
Mason Graphite Inc is engaged in exploration and evaluation of the Lac gueret graphite property located in Quebec, Canada.
INP:TSX Input Capital
http://www.inputcapital.com
Input Capital has 24 employees and is headquartered in Canada.
Input Capital Corp is an agriculture commodity streaming company focused on buying and selling canola from western Canadian farmers using streaming contracts. Streaming offers farmers improved crop marketing, production and working capital opportunities.
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.