Nickel Creek Platinum: Top 10 Undervalued Basic Materials Sector Stocks on TSX (NCP)
Nickel Creek Platinum 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)
Stocks in this category are held primarily for capital appreciation.
| Symbol | Name | Close Price ($) | Valuation ($) | Difference | Average Vol (30D) | Market Cap ($M) | Yield (%) | P/E Ratio |
|---|---|---|---|---|---|---|---|---|
| TML | Treasury Metals | 0.15 | 0.37 | 0.22 (148.7%) | 81969 | 22.2 | 0.0 | 0.0 |
| ORE | Orezone Gold | 0.80 | 1.98 | 1.18 (147.2%) | 168044 | 298.2 | 0.0 | 4.8 |
| GMTN | Gold Mountain Mining | 0.07 | 0.15 | 0.08 (106.1%) | 163115 | 6.6 | 0.0 | 0.0 |
| ELEF | Silver Elephant Mining | 0.29 | 0.60 | 0.31 (105.6%) | 21623 | 9.4 | 0.0 | 0.0 |
| AOT | Ascot Resources | 0.40 | 0.81 | 0.41 (102.2%) | 236879 | 222.4 | 0.0 | 0.0 |
| CFF | Conifex Timber | 0.57 | 1.13 | 0.56 (97.4%) | 24064 | 22.9 | 0.0 | 0.0 |
| III | Imperial Metals | 1.94 | 3.66 | 1.72 (88.6%) | 16602 | 305.0 | 0.0 | 0.0 |
| LAAC | Lithium Americas | 7.63 | 14.29 | 6.66 (87.3%) | 226391 | 1263.0 | 0.0 | 0.0 |
| CXB | Calibre Mining | 1.25 | 2.31 | 1.06 (84.8%) | 1900710 | 596.8 | 0.0 | 5.1 |
| NCP | Nickel Creek Platinum | 0.01 | 0.03 | 0.01 (82.8%) | 708365 | 7.0 | 0.0 | 0.0 |
All data provided as of December 11, 2023.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Nickel Creek Platinum
Nickel Creek Platinum Corp is a Canadian involved in mining exploration, evaluation, and development of platinum group metal and nickel mineral properties. The company mainly operates through its Yukon Territory property in Canada. It generates majority of its revenue through the sale of its metals deposit, while it also engages in the acquisition, evaluation, research, and development of mining properties.
Nickel Creek Platinum is listed under NCP 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)
- Analyst Consensus
Artificial Intelligence at Report on Business
Report on Business scans market data using algorithms to process large quantities of information. The results are specialized reports produced through automation. Ongoing ROB project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities.
