Imperial Metals: Top 10 Undervalued Growth Stocks on TSX (III)
Imperial Metals is now ranked among the top 10 undervalued small cap growth stocks on the the Toronto Stock Exchange (TSX). A stock is considered undervalued if it trades at a discount to its valuation – a calculation used to determine the intrinsic (true) worth of a company. Valuation methodology provided by Stockcalc (see below).Medium, small, micro and nano group market capitalization (<10B).
Stocks in this category that have grown their revenue significantly in their latest quarterly report. They are held primarily for capital appreciation but do present downside risk. Growth stocks are always of interest to investors as they present upside opportunity. Stocks that are both growing their quarterly revenue and showing as undervalued are of special interest as these two factors are important when looking for prospects.
| Symbol | Name | Close Price ($) | Valuation ($) | Difference | Average Vol (30D) | Market Cap ($M) | Yield (%) | P/E Ratio |
|---|---|---|---|---|---|---|---|---|
| CMED-T | CanniMed Therapeutics | 27 | 24.71 | -2.29 (-8.48) | 53,802 | 662.4 | 0 | 158.8 |
| UR-T | UrtheCast | 0.07 | 0.09 | 0.02 (35.17) | 0 | 9.3 | 0 | 0 |
| BSD-UN-T | Soundvest Split Trust | 0.5 | 1.28 | 0.79 (157) | 0 | 0.8 | 0 | 0 |
| HEXO-T | HEXO | 0.87 | 1.5 | 0.63 (72.41) | 106,506 | 38.1 | 0 | 0 |
| IN-T | InMed Pharmaceuticals | 4.19 | 5.36 | 1.17 (27.99) | 21,307 | 25.5 | 0 | 0 |
| BNAU-T | Battle North Gold | 2.64 | 3.1 | 0.46 (17.42) | 339,178 | 341.4 | 0 | 0 |
| BCI-T | New Look Vision Group | 50 | 50 | 0 (0.01) | 14,286 | 795.6 | 0 | 50.5 |
| SQP-T | Strongco | 3.15 | 3.15 | 0 (0) | 68,175 | 40 | 0 | 8.8 |
| ECS-T | eCobalt Solutions | 0.29 | 0.48 | 0.19 (64.66) | 545,842 | 46.4 | 0 | 0 |
| GCT-C-T | GVIC Comms | 0.25 | 0.23 | -0.02 (-7.74) | 51,986 | 75.1 | 0 | 0 |
| CMMC-T | Copper Mountain Mining | 2.49 | 2.43 | -0.06 (-2.59) | 1,291,202 | 532.6 | 0 | 0 |
| ACB-T | Aurora Cannabis | 0.72 | 1.34 | 0.62 (86.44) | 546,307 | 248.6 | 0 | 0 |
| III-T | Imperial Metals | 1.8 | 3.5 | 1.7 (94.4) | 16,025 | 278.8 | 0 | 0 |
| GCT-T | GVIC Comms | 0.4 | 0.43 | 0.03 (6.31) | 4,625 | 120.2 | 0 | 0 |
| LMNL-T | Liminal Biosciences | 22.84 | 23.2 | 0.36 (1.58) | 32,256 | 534.1 | 0 | 1.3 |
| TST-T | Telesta Therapeutics | 0.13 | 0.15 | 0.02 (15.38) | 670,868 | 37 | 0 | 9.7 |
| AZ-T | Arizona Mining | 6.19 | 3.93 | -2.26 (-36.51) | 583,894 | 1,935.5 | 0 | 0 |
| PGF-T | Pengrowth Energy | 0.06 | 0.03 | -0.03 (-46.49) | 1,667,846 | 30.8 | 0 | 0 |
| ATP-T | Atlantic Power | 3.66 | 4.2 | 0.54 (14.71) | 30,516 | 327.2 | 0 | 7.7 |
More about Imperial Metals
All data provided as-at market close June 29, 2023. The list is sorted by stocks with the greatest percentage difference between valuation and price. Companies included above have not paid a dividend in the last 12-months. Imperial Metals Imperial Metals Corp is a mining company mainly engaged in the exploration, development, and production of base and precious metals from Canadian mineral properties. It operates through four segments which include Red Chris, Mount Polley, Huckleberry, and Corporate. The company's properties include the Red Chris copper/gold mine in northwest British Columbia; the Mount Polley copper/gold mine in central British Columbia, and the Huckleberry copper mine in northern British Columbia. Imperial Metals is listed under III on the Toronto Stock Exchange.
Stockcalc
StockCalc is a Canadian fintech company specializing in fundamental valuations for North American stocks and ETFs. StockCalc valuations (https://www.stockcalc.com/Resources) can help determine if a stock is undervalued. StockCalc's Weighted Average Valuation (WAV) is based on a proprietary calculation using model and analyst inputs, including: Discounted Cash Flow (DCF), Price & Other Comparables, Multiples, Adjusted Book Value (ABV) and Analyst Consensus
Artificial intelligence at Report on Business
AI at The Globe and Mail This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities.
