Argonaut Gold: Top 10 Undervalued Small Cap Stocks on TSX (AR)
Argonaut Gold is now ranked among the top 10 small cap stocks 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)
- Small caps total market capitalization (300M-2B)
Stocks in this category are held primarily for capital appreciation. Nano, micro, and small cap stocks can be very volatile and may generate high returns or losses. Whereas mid and large cap stocks tend to be more stable.
| Symbol | Name | Close Price ($) | Valuation ($) | Difference | Average Vol (30D) | Market Cap ($M) | Yield (%) | P/E Ratio |
|---|---|---|---|---|---|---|---|---|
| LAAC | Lithium Americas | 6.59 | 12.76 | 6.17 (93.6%) | 258828 | 1090.8 | 0.0 | 0.0 |
| IAU | i-80 Gold | 2.06 | 3.89 | 1.83 (89.0%) | 237719 | 591.5 | 0.0 | 0.0 |
| ORE | Orezone Gold | 0.82 | 1.53 | 0.71 (87.1%) | 58541 | 305.7 | 0.0 | 4.8 |
| CXB | Calibre Mining | 1.25 | 2.33 | 1.08 (86.2%) | 1417132 | 596.8 | 0.0 | 5.3 |
| TLRY | Tilray Brands | 2.69 | 4.88 | 2.19 (81.4%) | 1713303 | 1965.8 | 0.0 | 0.0 |
| BLDP | Ballard Power Systems | 4.63 | 7.59 | 2.96 (64.0%) | 546911 | 1383.0 | 0.0 | 0.0 |
| LEV | Lion Electric | 2.38 | 3.88 | 1.50 (63.0%) | 242451 | 525.0 | 0.0 | 0.0 |
| HLF | High Liner Foods | 11.56 | 18.09 | 6.53 (56.5%) | 27336 | 393.1 | 4.7 | 8.2 |
| CHR | Chorus Aviation | 2.45 | 3.80 | 1.35 (55.1%) | 237942 | 489.8 | 0.0 | 6.7 |
| AR | Argonaut Gold | 0.39 | 0.60 | 0.21 (53.9%) | 2032744 | 337.1 | 0.0 | 0.0 |
All data provided as of January 27, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Argonaut Gold
Argonaut Gold Inc is a Canadian gold company engaged in exploration, mine development, and production. Its primary assets are the El Castillo mine and the San Agustin mine, which together form the El Castillo Complex in Durango, Mexico, the La Colorada mine in Sonora, Mexico, and the Florida Canyon mine in Nevada, USA.
Argonaut Gold is listed under AR 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.
