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Ivanhoe Mines Ltd(IVN-T)
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Ivanhoe Mines: Top 10 Undervalued Growth Stocks on TSX (IVN)

AI-generated - The Globe and Mail - Fri Dec 15, 2023

Ivanhoe Mines is now ranked among the top 10 undervalued large cap growth stocks on the Toronto Stock Exchange (TSX).

  • 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)
  • Large caps market capitalization (10-200B)

Stocks in this category that have grown their revenue significantly in their latest quarterly report. They are held primarily for capital appreciation but do present downside risk. Growth stocks are always of interest to investors as they present upside opportunity. Stocks that are both growing their quarterly revenue and showing as undervalued are of special interest as these two factors are important when looking for prospects.

SymbolNameClose Price ($)Valuation ($)DifferenceAverage Vol (30D)Market Cap ($M)Yield (%)P/E Ratio
TIXTTELUS Intl10.9723.9612.99 (118.4%)1891973027.70.042.4
LSPDLightspeed Commerce22.9840.3417.36 (75.5%)5984823526.90.00.0
AKEAllkem8.9611.882.92 (32.6%)450955742.50.010.1
BHCBausch Health Companies10.1313.283.15 (31.1%)2549213701.50.00.0
ACAir Canada18.2422.554.31 (23.6%)22934746858.20.03.1
ATZAritzia24.0527.353.30 (13.7%)3645722663.90.024.7
CEFSprott Physical Gold21.8724.572.70 (12.3%)4700.90.00.0
EQXEquinox Gold6.637.390.76 (11.5%)3943262098.60.032.3
BBBlackBerry5.756.360.61 (10.6%)8557473355.30.00.0
U-UNSprott Physical Uranium27.2629.822.56 (9.4%)6107666012.50.024.0
SHOPShopify99.73108.288.55 (8.6%)3048141129233.10.00.0
NVANuVista Energy10.7811.550.77 (7.1%)5293682389.50.05.7
IVNIvanhoe Mines12.6213.420.80 (6.3%)184216616520.80.034.2
CDAYCeridian HCM Holding93.5599.465.91 (6.3%)2370314565.10.02297.4
PHYS-USprott Physical Gold15.6716.580.91 (5.8%)8826305.60.010.8
ATSATS55.8258.432.61 (4.7%)1178025306.80.039.0
CAECAE27.8028.470.67 (2.4%)7123559019.60.030.1
DCBODocebo64.2365.771.54 (2.4%)901522152.50.01189.5
PSLVSprott Physical Silver10.9411.130.19 (1.7%)735795448.80.07.0
CEF-USprott Physical Gold18.7918.980.19 (1.0%)4234038.90.09.7
KXSKinaxis154.63156.001.37 (0.9%)1065254521.40.0225.4
CLSCelestica38.0238.300.28 (0.8%)4313814547.20.017.1
BBD-ABombardier51.0249.56-1.46 (-2.9%)26534876.00.07.9
DSGDescartes Systems Gr116.04111.67-4.37 (-3.8%)14362810071.20.063.5
BBD-BBombardier50.9448.95-1.99 (-3.9%)4138304868.30.07.9

All data provided as of December 15, 2023.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Companies included above have not paid a dividend in the last 12-months.

Ivanhoe Mines

Ivanhoe Mines Ltd is a diversified mining company focused on advancing its three principal projects in Southern Africa; the expansion of the Kamoa-Kakula Copper Complex in the DRC, the construction of the tier-one Platreef palladium-rhodium-platinum-nickel-copper-gold project in South Africa; and the restart of the historic ultra-high-grade Kipushi zinc-copper-germanium-silver mine, also in the DRC.

Ivanhoe Mines is listed under IVN 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.

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