Nevada Copper 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 October 16, 2022. The list is sorted by stocks with the greatest percentage difference between valuation and price. Nevada Copper Nevada Copper Corp is a development stage mining company. It is engaged in the acquisition, exploration and development of the Pumpkin Hollow Copper Project based in Nevada. Nevada Copper is listed under NCU on the Toronto Stock Exchange.
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Stocks in this category are held primarily for capital appreciation.
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