Nickel Creek Platinum: Top 10 Undervalued Growth Stocks on TSX (NCP)
Nickel Creek Platinum is now ranked among the top 10 undervalued small cap growth stocks on 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)
- 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 |
|---|---|---|---|---|---|---|---|---|
| IVQ-U | Invesque | 0.27 | 0.79 | 0.53 (198.5%) | 6215 | 18.4 | 0.0 | 0.0 |
| IVQ | Invesque | 0.35 | 0.92 | 0.57 (161.8%) | 15193 | 24.4 | 0.0 | 0.0 |
| GMTN | Gold Mountain Mining | 0.06 | 0.14 | 0.08 (146.0%) | 372123 | 4.8 | 0.0 | 0.0 |
| AEG | Aegis Brands | 0.25 | 0.58 | 0.33 (132.8%) | 13741 | 21.3 | 0.0 | 0.0 |
| CWEB | Charlottes Web Holdings | 0.27 | 0.63 | 0.36 (132.1%) | 51383 | 41.3 | 0.0 | 0.0 |
| EXN | Excellon Resources | 0.10 | 0.22 | 0.12 (124.7%) | 177529 | 4.2 | 0.0 | 0.0 |
| ORE | Orezone Gold | 0.88 | 1.97 | 1.09 (124.1%) | 118134 | 328.1 | 0.0 | 5.3 |
| EGLX | Enthusiast Gaming Hldgs | 0.24 | 0.54 | 0.30 (123.9%) | 395167 | 37.1 | 0.0 | 0.0 |
| FOOD | Goodfood Market | 0.29 | 0.63 | 0.34 (115.5%) | 96766 | 22.1 | 0.0 | 0.0 |
| CNT | Century Glb | 0.04 | 0.10 | 0.05 (114.8%) | 36951 | 5.2 | 0.0 | 0.0 |
| FGAA-U | FG Acquisition | 9.64 | 20.66 | 11.02 (114.3%) | 135 | 27.7 | 0.0 | 0.0 |
| WPRT | Westport Fuel Systems | 8.55 | 17.85 | 9.30 (108.8%) | 9755 | 151.0 | 0.0 | 0.0 |
| IDG | Indigo Books & Music | 1.65 | 3.40 | 1.75 (106.1%) | 16515 | 46.2 | 0.0 | 0.0 |
| BRMI | Boat Rocker Media | 1.25 | 2.55 | 1.30 (103.7%) | 3473 | 70.4 | 0.0 | 0.0 |
| NCP | Nickel Creek Platinum | 0.01 | 0.03 | 0.02 (102.5%) | 629049 | 7.0 | 0.0 | 0.0 |
| ELR | Eastern Platinum | 0.20 | 0.40 | 0.20 (101.0%) | 147260 | 40.4 | 0.0 | 2.1 |
| IAU | i-80 Gold | 1.99 | 3.99 | 2.00 (100.5%) | 363121 | 571.4 | 0.0 | 0.0 |
| GLG | GLG Life Tech | 0.04 | 0.07 | 0.03 (98.1%) | 10253 | 1.3 | 0.0 | 0.0 |
| OGI | OrganiGram Holdings | 1.82 | 3.56 | 1.74 (95.7%) | 128937 | 148.0 | 0.0 | 0.0 |
| EAGR | East Side Games Grp | 0.47 | 0.91 | 0.44 (95.0%) | 17897 | 37.9 | 0.0 | 3.3 |
| CXB | Calibre Mining | 1.24 | 2.42 | 1.18 (94.8%) | 947322 | 592.0 | 0.0 | 5.4 |
| LPEN | Loop Energy | 0.18 | 0.36 | 0.17 (94.4%) | 61918 | 6.4 | 0.0 | 0.0 |
| TMD | Titan Medical | 0.09 | 0.17 | 0.08 (92.8%) | 61385 | 10.1 | 0.0 | 0.0 |
| CFF | Conifex Timber | 0.64 | 1.23 | 0.59 (92.6%) | 89283 | 25.7 | 0.0 | 0.0 |
| GRN | Greenlane Renewables | 0.15 | 0.28 | 0.13 (87.6%) | 174357 | 23.0 | 0.0 | 0.0 |
All data provided as of January 12, 2024.
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.
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.
