ACE Aviation Holdings: Stocks trading at Less Than Cash Value on TSX-V (ACE-H)
ACE Aviation Holdings is among the group of TSX Venture Exchange companies currently trading at less than cash value. This means companies whose current share price is less than the cash per share on their balance sheet or stocks with more cash than market cap.
This report is generated monthly. It also shows the value of cash net debt per share to show how much cash per share would be left if the debt was paid off. Stocks in this category are held primarily for speculation. Companies can have more cash per share than the actual share price for a number of reasons including that they just raised capital, are in industries that experience high burn rates and will eat through the cash quickly or there is a lot of uncertainty about the future of the company. Companies earning a positive net income will have a price-to-earnings, or P/E, ratio greater than zero and are worth exploring in more detail.
| Symbol | Name | Close Price | Shares Outstanding | P/E | P/B | Cash per Share | Net Cash per Share |
|---|---|---|---|---|---|---|---|
| CART-H-X | Carcetti Capital | 0.39 | 1,047 | 0.036 | 1.47 | 6.86 | 7.05 |
| ACE-H-X | ACE Aviation Holdings | 0.155 | 32,475 | 0 | 0.791 | 0.2 | 2.19 |
| VAX-X | Vantex Resources | 0.15 | 4,809 | 0 | 0.648 | 0.26 | 0.26 |
| RYE-X | Rhyolite Resources | 0.09 | 107,185 | 0 | 0.405 | 0.11 | 0.11 |
| YNV-X | Ynvisible Interactive | 0.09 | 124,671 | 0 | 0.766 | 0.1 | 0.1 |
| BTV-X | BlueRush | 0.11 | 34,100 | 6 | 21.153 | 0.12 | -0.05 |
| CTA-X | Centaurus Energy | 1.05 | 1,088 | 0.015 | 0.043 | 1.37 | -1.23 |
| NIR-H-X | Noble Iron | 0.26 | 27,267 | 0 | 0.19 | 1.38 | 0.19 |
| OAM-X | OverActive Media | 0.185 | 80,308 | 0 | 0.196 | 0.22 | 0.2 |
| RRR-UN-X | R&R REIT | 0.115 | 37,324 | 14.753 | 0.143 | 0.25 | -1.59 |
| BIRD-P-X | Cassowary Capital Corp | 0.125 | 5,600 | 0 | 0.982 | 0.13 | 0 |
| GII-P-X | Gravitas II Capital | 0.095 | 23,688 | 0 | 0 | 0.14 | 0 |
| SBTC-P-X | Spirit Banner II Capital | 0.075 | 730 | 0 | 1.987 | 0.57 | 0 |
| COLL-P-X | Collingwood Resources | 0.265 | 1,243 | 0 | 0.868 | 0.33 | 0 |
| IGP-X | Imperial Ginseng Products | 1.23 | 7,652 | 7.666 | 0.653 | 1.48 | 1.48 |
| XRTX-X | XORTX Therapeutics | 0.76 | 14,389 | 1.49 | 1.021 | 0.85 | 0.84 |
More about ACE Aviation Holdings
ACE Aviation Holdings Inc is an investment company that helds aviation interests.
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