Avant Brands: Top 25 Undervalued Toronto Stock Exchange Stocks (AVNT)
Avant Brands is now ranked among the top 25 undervalued stocks listed 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, micro and nano group market capitalization (<10B)
Stocks in this category are held primarily for capital appreciation and/or dividends.
The Toronto Stock Exchange (TSX) is the largest exchange in Canada and one of the largest in the world. It is home for “senior” well-established equities.
| Symbol | Name | Close Price ($) | Valuation ($) | Difference | Average Vol (30D) | Market Cap ($M) | Yield (%) | P/E Ratio |
|---|---|---|---|---|---|---|---|---|
| AXIS | Axis Auto Fin | 0.06 | 0.16 | 0.10 (186.7%) | 32886 | 6.7 | 0.0 | 0.0 |
| IVQ-U | Invesque | 0.26 | 0.73 | 0.47 (181.0%) | 1035 | 14.7 | 0.0 | 0.0 |
| TMD | Titan Medical | 0.07 | 0.19 | 0.12 (172.1%) | 93624 | 9.0 | 0.0 | 0.0 |
| HOT-U | American Hotel Inc Props | 0.46 | 1.14 | 0.68 (148.3%) | 683 | 36.3 | 29.6 | 0.0 |
| ORE | Orezone Gold | 0.84 | 1.96 | 1.12 (133.1%) | 146034 | 313.2 | 0.0 | 5.2 |
| FOOD | Goodfood Market | 0.26 | 0.60 | 0.34 (131.8%) | 34461 | 19.9 | 0.0 | 0.0 |
| VPH | Valeo Pharma | 0.17 | 0.39 | 0.22 (130.6%) | 26210 | 14.6 | 0.0 | 0.0 |
| SGLD | Sabre Gold Mines | 0.10 | 0.22 | 0.12 (124.1%) | 39480 | 7.2 | 0.0 | 0.0 |
| NVO | Novo Resources | 0.11 | 0.24 | 0.13 (119.4%) | 128613 | 32.7 | 0.0 | 0.0 |
| AEZS | AEterna Zentaris | 2.75 | 5.97 | 3.22 (117.0%) | 2894 | 13.4 | 0.0 | 0.0 |
| GMTN | Gold Mountain Mining | 0.01 | 0.03 | 0.02 (116.3%) | 574204 | 1.3 | 0.0 | 0.0 |
| CFF | Conifex Timber | 0.64 | 1.35 | 0.71 (111.6%) | 13581 | 25.7 | 0.0 | 0.0 |
| FURY | Fury Gold Mines | 0.56 | 1.16 | 0.60 (106.5%) | 42773 | 81.5 | 0.0 | 0.0 |
| ITE | i3 Energy | 0.18 | 0.37 | 0.19 (104.3%) | 165144 | 219.0 | 7.4 | 3.6 |
| LEV | Lion Electric | 1.83 | 3.70 | 1.87 (102.2%) | 448026 | 410.5 | 0.0 | 0.0 |
| NCP | Nickel Creek Platinum | 0.01 | 0.03 | 0.01 (99.4%) | 102134 | 7.0 | 0.0 | 0.0 |
| SGNL | Signal Gold | 0.09 | 0.18 | 0.09 (99.3%) | 125615 | 22.6 | 0.0 | 0.0 |
| IVQ | Invesque | 0.37 | 0.73 | 0.36 (97.4%) | 10262 | 21.0 | 0.0 | 0.0 |
| CWL | Caldwell Partners Intl | 0.70 | 1.35 | 0.65 (93.0%) | 7481 | 20.7 | 0.0 | 0.0 |
| IAU | i-80 Gold | 1.72 | 3.25 | 1.53 (88.9%) | 711683 | 471.4 | 0.0 | 0.0 |
| AVNT | Avant Brands | 0.10 | 0.18 | 0.08 (88.5%) | 167884 | 23.8 | 0.0 | 0.0 |
| CJR-B | Corus Entertainment | 0.72 | 1.35 | 0.63 (87.5%) | 247563 | 143.6 | 8.2 | 0.0 |
| BLDP | Ballard Power Systems | 3.70 | 6.90 | 3.20 (86.4%) | 743813 | 1105.0 | 0.0 | 0.0 |
| BRMI | Boat Rocker Media | 0.90 | 1.65 | 0.75 (83.0%) | 8538 | 50.7 | 0.0 | 0.0 |
| SSRM | SSR Mining | 5.41 | 9.81 | 4.40 (81.3%) | 801476 | 1107.5 | 6.3 | 0.0 |
All data provided as of March 31, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Avant Brands
Avant Brands Inc is an innovative premium cannabis company. It has multiple licensed and operational production facilities across Canada, which produce high-quality, handcrafted cannabis products for highly desired, and award-winning consumer brands, sold across both recreational and medical channels. The company's diverse product range is distributed through three distinct sales channels: recreational, medical, and export.
Avant Brands is listed under AVNT 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.
