Monarca Minerals is now ranked among the top 10 undervalued stocks in the Basic Materials sector on the TSX Venture 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). The basic materials sector includes commodity focused companies working in mining and minerals, lumber and pulp and paper, chemicals, agriculture as well as coking coal and steel.
All data provided as-at market close October 02, 2022. The list is sorted by stocks with the greatest percentage difference between valuation and price. Monarca Minerals Monarca Minerals Inc is in the process of exploring and evaluating its exploration and evaluation property interests in Mexico. Its project portfolio includes Tejamen, San Lucas and El Sol. Monarca Minerals is listed under MMN on the TSX Venture Exchange.
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