Steppe Gold 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 June 25, 2023. The list is sorted by stocks with the greatest percentage difference between valuation and price. Steppe Gold Steppe Gold Ltd is a precious metals exploration and development company focussed on opportunities in Mongolia. The company's projects include ATO Project, and Uudam Khundii property in Mongolia. Steppe Gold is listed under STGO on the Toronto Stock Exchange.
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Stocks in this category are held primarily for capital appreciation.
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