Goldgroup Mining: Top 10 Undervalued Basic Materials Sector Stocks on TSX (GGA)
Goldgroup Mining is now ranked among the top 10 undervalued stocks in the Basic Materials sector on the Toronto Stock Exchange. 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). The basic materials sector includes commodity focused companies working in mining and minerals, lumber and pulp and paper, chemicals, agriculture as well as coking coal and steel.
All data provided as-at market close June 25, 2023. The list is sorted by stocks with the greatest percentage difference between valuation and price. Goldgroup Mining Goldgroup Mining Inc together with its subsidiaries is a Canadian-based gold producer. The company is engaged in the acquisition, exploration and development of gold-bearing mineral properties in the Americas. Goldgroup Mining is listed under GGA on the Toronto Stock Exchange.
| Symbol | Name | Close Price | Shares Outstanding | P/E | P/B | Cash per Share | Net Cash per Share |
|---|---|---|---|---|---|---|---|
| GGA-T | Goldgroup Mining | 0.06 | 0 | 0 | 0 | 0 | 0 |
| ELEF-T | Silver Elephant Mining | 0.35 | 0 | 0 | 0 | 0 | 0 |
| STGO-T | Steppe Gold | 0.85 | 0 | 2 | 0 | 0 | 0 |
| SMT-T | Sierra Metals | 0.38 | 0 | 0 | 0 | 0 | 0 |
| EOX-T | Euromax Resources | 0.07 | 0 | 0 | 0 | 0 | 0 |
| FURY-T | Fury Gold Mines | 0.53 | 0 | 0 | 0 | 0 | 0 |
| GBAR-T | Monarch Mining | 0.04 | 0 | 0 | 0 | 0 | 0 |
| GMTN-T | Gold Mountain Mining | 0.14 | 0 | 0 | 0 | 0 | 0 |
| NVO-T | Novo Resources | 0.23 | 0 | 0 | 0 | 0 | 0 |
| SGLD-T | Sabre Gold Mines | 0.17 | 0 | 4.3 | 0 | 0 | 0 |
More about Goldgroup Mining
Stocks in this category are held primarily for capital appreciation.
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