Magnetic North: Top 10 Undervalued Financial Services Stocks on TSX-V (MNC)
Magnetic North is now ranked among the top 10 undervalued stocks in the Financial Services 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 financial services sector contains banks including saving and loans, insurance firms, asset managers, credit services and brokerage and investment companies.
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. Magnetic North Black Bull Resources Inc is a Canadian based company, it is engaged in the business of mining, processing, and marketing quartz from its White Rock claim in Nova Scotia, Canada. Magnetic North is listed under MNC on the TSX Venture Exchange.
| Symbol | Name | Close Price | Shares Outstanding | P/E | P/B | Cash per Share | Net Cash per Share |
|---|---|---|---|---|---|---|---|
| LDI | loanDepot | 1.36 | 0 | 0 | 0 | 0 | 0 |
| AMTD | AMTD IDEA Group | 1.27 | 0 | 2 | 0 | 0 | 0 |
| TIG | Trean Insurance Group | 3.4 | 0 | 6.8 | 0 | 0 | 0 |
| ELVT | Elevate Credit | 1.16 | 0 | 0 | 0 | 0 | 0 |
| TMET-X | Torr Metals | 0.11 | 0 | 18.4 | 0 | 0 | 0 |
| ARGO | Argo Gr Intl Hldgs | 19.25 | 0 | 0 | 0 | 0 | 0 |
| EHTH | eHealth | 4.06 | 0 | 0 | 0 | 0 | 0 |
| TIRX | Tian Ruixiang Holdings | 0.61 | 0 | 0 | 0 | 0 | 0 |
| MNC-X | Magnetic North | 0.04 | 0 | 0 | 0 | 0 | 0 |
| PHCF | Puhui Wealth Investment | 0.47 | 0 | 0 | 0 | 0 | 0 |
More about Magnetic North
Stocks in this category are held primarily for capital appreciation.
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