Synex Renewable Energy is now ranked among the top 10 undervalued stocks in the Utilities 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 utilities sector contains firms that provide power or water.
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. Synex Renewable Energy Synex Renewable Energy Corp is engaged in the development, ownership, and operation of electric power facilities and the provision of consulting engineering and environmental services in water resources, particularly hydroelectric facilities. Its projects include Barr Creek Hydro Plant, Mears Creek Hydro Project, Cypress Creek Hydro Project, and Sea Breeze products among others. Synex Renewable Energy is listed under SXI on the Toronto Stock Exchange.
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Stocks in this category are held primarily for capital appreciation.
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