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East West Petroleum Corp(EW-X)
TSX Venture

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East West Petroleum: Stocks trading at Less Than Cash Value on TSX-V (EW)

The Globe and Mail - Sun Sep 25, 2022
Stocks Trading at Less than Cash Value

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

LBY-X0.4459,32400.7530.580.57
ACE-H-XACE Aviation Holdings0.1532,47500.7910.22.19
VAX-XVantex Resources0.24,80900.7710.260.25
JE-X1.2248,078003.83-9.13
RET-XReitmans (Canada)0.4348,86700.961.37-0.22
RRR-UN-XR&R REIT0.0535,35141.2690.1220.25-1.94
LHR-X0.03519,5570.07800.05-2.43
RET-A-XReitmans (Canada)0.4548,86701.0051.37-0.22
BIRD-P-XCassowary Capital Corp0.1255,60000.9820.130
KHA-H-XKnighthawk0.03511,84900.7890.060.11
TVR-H-XTri-River Ventures0.03526,695000.040.09
IGP-XImperial Ginseng Products0.557,32600.3090.710.64
EW-XEast West Petroleum0.05589,5854.0090.8320.060
SSSS-P-XShooting Star Acquisition0.0554,540000.380
GMN-XGobiMin0.2549,19400.1350.370.4

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.

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.