East West Petroleum: Stocks trading at Less Than Cash Value on TSX-V (EW)
East West Petroleum 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|
|ACE-H-X||ACE Aviation Holdings||0.15||32,475||0||0.791||0.2||2.19|
|BIRD-P-X||Cassowary Capital Corp||0.125||5,600||0||0.982||0.13||0|
|IGP-X||Imperial Ginseng Products||0.55||7,326||0||0.309||0.71||0.64|
|EW-X||East West Petroleum||0.055||89,585||4.009||0.832||0.06||0|
|SSSS-P-X||Shooting Star Acquisition||0.055||4,540||0||0||0.38||0|
More about East West Petroleum
East West Petroleum Corp is an oil and gas exploration and production company. It is engaged in exploring, developing and producing from its oil and gas properties. Its current portfolio is made up of exploration concessions in New Zealand and Romania.
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