Sandfire Resources: Top 10 Undervalued Basic Materials Sector Stocks on TSX-V (SFR)
Sandfire Resources 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)
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 |
|---|---|---|---|---|---|---|---|---|
| JRV | Jervois Glb | 0.03 | 0.11 | 0.09 (354.6%) | 316745 | 53.1 | 0.0 | 0.0 |
| OPTG | Optegra Ventures | 0.06 | 0.21 | 0.15 (281.5%) | 6518 | 0.5 | 0.0 | 0.0 |
| HMAN | Huntsman Exploration | 0.03 | 0.09 | 0.06 (246.0%) | 5210 | 0.0 | 0.0 | 0.3 |
| DTWO | D2 Lithium | 0.09 | 0.28 | 0.19 (226.6%) | 7576 | 3.1 | 0.0 | 0.0 |
| SFR | Sandfire Resources | 0.09 | 0.28 | 0.19 (213.7%) | 12374 | 92.1 | 0.0 | 0.0 |
| FRXI | FRX Innovations | 0.04 | 0.14 | 0.10 (213.4%) | 118506 | 4.5 | 0.0 | 0.0 |
| CXG | CanXGold Mining | 0.01 | 0.01 | 0.01 (197.9%) | 1800 | 0.4 | 0.0 | 0.0 |
| LKY | Lucky Minerals | 0.01 | 0.01 | 0.01 (190.3%) | 149635 | 1.0 | 0.0 | 0.0 |
| LUCA | Luca Mining | 0.24 | 0.69 | 0.45 (186.1%) | 101552 | 15.5 | 0.0 | 0.0 |
| RTM | RT Minerals | 0.03 | 0.07 | 0.05 (185.1%) | 15865 | 0.3 | 0.0 | 0.0 |
All data provided as of October 30, 2023.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Sandfire Resources
Sandfire Resources America Inc is engaged in the exploration, development, and mining of its 100% owned flagship property, the Black Butte Copper Project in central Montana, USA. The property contains sediment-hosted zones of massive sulfide mineralization. The drilling encountered significant zones of strata-bound copper sulfide with cobalt in multiple bedded pyrite zones in the lower part of the Precambrian Belt Super group.
Sandfire Resources is listed under SFR 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)
- 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.
