Royal Helium: Top 10 Undervalued Oil & Gas Industry Stocks (RHC)
Royal Helium is now ranked among the top 10 undervalued stocks in the Oil & Gas industry on the Toronto Stock Exchange or TSX Venture 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)
Oil & Gas: Companies primarily engaged in the drilling for petroleum and natural gas.
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 |
|---|---|---|---|---|---|---|---|---|
| DVG | Divergent Energy Services | 0.01 | 0.05 | 0.04 (444.1%) | 23000 | 0.3 | 0.0 | 0.7 |
| IFR | Intl Frontier Resources | 0.08 | 0.26 | 0.18 (220.2%) | 18582 | 1.2 | 0.0 | 0.0 |
| PEA | Pieridae Energy | 0.33 | 0.94 | 0.61 (183.6%) | 148017 | 52.5 | 0.0 | 0.5 |
| AFE | Africa Energy | 0.11 | 0.22 | 0.11 (96.8%) | 23064 | 154.9 | 0.0 | 0.0 |
| JEC | Jura Energy | 0.04 | 0.07 | 0.03 (86.7%) | 2.8 | 0.0 | 0.0 | |
| ITE | i3 Energy | 0.17 | 0.32 | 0.15 (83.0%) | 204012 | 212.9 | 12.2 | 3.3 |
| ROK | ROK Resources | 0.32 | 0.56 | 0.24 (76.0%) | 246583 | 68.9 | 0.0 | 0.0 |
| AKT-A | Akita Drilling | 1.41 | 2.40 | 0.99 (70.5%) | 81874 | 56.5 | 0.0 | 2.0 |
| RHC | Royal Helium | 0.21 | 0.36 | 0.15 (67.9%) | 491702 | 51.5 | 0.0 | 0.0 |
| CTA | Centaurus Energy | 1.11 | 1.82 | 0.71 (64.3%) | 894 | 1.2 | 0.0 | 0.0 |
All data provided as of November 29, 2023.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Royal Helium
Royal Helium Ltd is focused on the exploration and development of primary helium production in southern Saskatchewan. Royal is the helium leaseholder in North America. Located next to highways, roads, and cities, and importantly close to existing oil and gas infrastructure, the company's projects were methodically evaluated for helium potential for over two years, and have been vetted by helium experts, professional geologists, and engineers.
Royal Helium is listed under RHC on the TSX Venture 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.
