Nevada Copper: Top 10 Undervalued Basic Materials Sector Stocks on TSX (NCU)
Nevada Copper is now ranked among the top 10 undervalued stocks in the Basic Materials sector 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). 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 16, 2022. The list is sorted by stocks with the greatest percentage difference between valuation and price. Nevada Copper Nevada Copper Corp is a development stage mining company. It is engaged in the acquisition, exploration and development of the Pumpkin Hollow Copper Project based in Nevada. Nevada Copper is listed under NCU on the Toronto Stock Exchange.
| Symbol | Name | Close Price | Shares Outstanding | P/E | P/B | Cash per Share | Net Cash per Share |
|---|---|---|---|---|---|---|---|
| MUX-T | McEwen Mining | 4.6 | 0 | 0 | 0 | 0 | 0 |
| SMT-T | Sierra Metals | 0.69 | 0 | 0 | 0 | 0 | 0 |
| WEF-T | Western Forest Products | 1.34 | 0 | 3 | 0 | 0 | 0 |
| NCP-T | Nickel Creek Platinum | 0.04 | 0 | 0 | 0 | 0 | 0 |
| FURY-T | Fury Gold Mines | 0.55 | 0 | 2.4 | 0 | 0 | 0 |
| GMTN-T | Gold Mountain Mining | 0.14 | 0 | 0 | 0 | 0 | 0 |
| NVO-T | Novo Resources | 0.4 | 0 | 0 | 0 | 0 | 0 |
| NCU-T | Nevada Copper | 0.23 | 0 | 0.9 | 0 | 0 | 0 |
| CXB-T | Calibre Mining | 0.96 | 0 | 4.9 | 0 | 0 | 0 |
| GPR-T | Great Panther Mining | 1.09 | 0 | 0 | 0 | 0 | 0 |
More about Nevada Copper
Stocks in this category are held primarily for capital appreciation.
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