Imperial Metals: Top 10 Undervalued Small Cap Stocks on TSX (III)
Imperial Metals 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 |
|---|---|---|---|---|---|---|---|---|
| ORE | Orezone Gold | 0.87 | 1.97 | 1.10 (126.7%) | 117153 | 324.3 | 0.0 | 5.2 |
| IAU | i-80 Gold | 2.00 | 3.99 | 1.99 (99.5%) | 352520 | 574.3 | 0.0 | 0.0 |
| CXB | Calibre Mining | 1.30 | 2.42 | 1.12 (85.8%) | 957330 | 620.7 | 0.0 | 5.1 |
| LAAC | Lithium Americas | 7.75 | 13.34 | 5.59 (72.1%) | 380213 | 1282.8 | 0.0 | 0.0 |
| WEED | Canopy Gwth | 6.11 | 10.10 | 3.99 (65.3%) | 1356794 | 437.7 | 0.0 | 0.0 |
| BLDP | Ballard Power Systems | 4.66 | 7.57 | 2.91 (62.5%) | 619317 | 1392.0 | 0.0 | 0.0 |
| LEV | Lion Electric | 2.39 | 3.86 | 1.47 (61.6%) | 272175 | 527.2 | 0.0 | 0.0 |
| MOZ | Marathon Gold | 0.77 | 1.24 | 0.47 (61.3%) | 1251789 | 309.4 | 0.0 | 0.0 |
| SGR-U | Slate Grocery | 9.16 | 14.62 | 5.46 (59.6%) | 2963 | 553.9 | 9.3 | 22.3 |
| III | Imperial Metals | 2.40 | 3.77 | 1.37 (57.2%) | 13047 | 377.4 | 0.0 | 0.0 |
All data provided as of January 13, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Imperial Metals
Imperial Metals Corp is a mining company mainly engaged in the exploration, development, and production of base and precious metals from Canadian mineral properties. It operates through four segments which include Red Chris, Mount Polley, Huckleberry, and Corporate. The company's properties include the Red Chris copper/gold mine in northwest British Columbia; the Mount Polley copper/gold mine in central British Columbia, and the Huckleberry copper mine in northern British Columbia.
Imperial Metals is listed under III 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.
