New Destiny Mining: Top 10 Undervalued Metals & Mining Industry Stocks (NED)
New Destiny Mining is now ranked among the top 10 undervalued stocks in the Metals & Mining industry on the Toronto Stock Exchange or 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).
Metals & Mining: Companies that produce, refine, market, and distribute aluminum and related aluminum-based products. Stocks in this category are held primarily for capital appreciation.
| Symbol | Name | Close Price ($) | Valuation ($) | Difference | Average Vol (30D) | Market Cap ($M) | Yield (%) | P/E Ratio |
|---|---|---|---|---|---|---|---|---|
| AUC-X | Goldplay Mining | 0.02 | 0.06 | 0.04 (199.49) | 49,153 | 1 | 0 | 0 |
| NED-X | New Destiny Mining | 0.02 | 0.06 | 0.04 (186.22) | 4,281 | 0.4 | 0 | 0 |
| CXG-X | CanXGold Mining | 0.03 | 0.07 | 0.05 (198.54) | 39,221 | 1.5 | 0 | 0 |
| NVT-X | Nortec Minerals | 0.01 | 0.01 | 0.01 (189.82) | 545 | 0.6 | 0 | 0 |
| HMAN-X | Huntsman Exploration | 0.01 | 0.03 | 0.02 (218.87) | 55,204 | 1.2 | 0 | 0 |
| CRTS-X | Cortus Metals | 0.01 | 0.05 | 0.04 (235.46) | 29,621 | 0.7 | 0 | 0 |
| ESX-X | Essex Minerals | 0.01 | 0.05 | 0.03 (207.21) | 79,855 | 0.7 | 0 | 0 |
| NOCR-X | Norden Crown Metals | 0.02 | 0.07 | 0.05 (248.81) | 43,157 | 1.1 | 0 | 0 |
| IMM-X | International Metals | 0.08 | 0.27 | 0.19 (239.35) | 8,383 | 0.7 | 0 | 0 |
| OPW-X | Opawica Explorations | 0.03 | 0.11 | 0.08 (263.39) | 562,260 | 0.9 | 0 | 0 |
More about New Destiny Mining
All data provided as-at market close November 17, 2022. The list is sorted by stocks with the greatest percentage difference between valuation and price. New Destiny Mining New Destiny Mining Corp is a junior mineral exploration stage company. The Company is engaged in acquiring, exploring, and evaluating mineral properties. New Destiny Mining is listed under NED on the TSX Venture 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) and Analyst Consensus
Artificial intelligence at Report on Business
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.
