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Allied Gold: Top 10 Undervalued Basic Materials Sector Stocks on TSX (AAUC)

AI-generated - The Globe and Mail - Tue May 28, 9:01PM CDT

Allied 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)

Stocks in this category are held primarily for capital appreciation.

SymbolNameClose Price ($)Valuation ($)DifferenceAverage Vol (30D)Market Cap ($M)Yield (%)P/E Ratio
AAUCAllied Gold--- (0.0%)0.00.00.0
ABXBarrick Gold--- (0.0%)0.02.321.2
ADNAcadian Timber--- (0.0%)0.06.710.0
AEMAgnico Eagle Mines--- (0.0%)0.02.387.1
AGFirst Majestic Silver--- (0.0%)0.00.30.0
AGIAlamos Gold--- (0.0%)0.00.632.8
AIIAlmonty Indus--- (0.0%)0.00.00.0
ALSAltius Minerals--- (0.0%)0.01.4115.9
AMCArizona Metals--- (0.0%)0.00.00.0
AMMAlmaden Minerals--- (0.0%)0.00.00.0

All data provided as of May 28, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.

Allied Gold

Allied Gold Corp is a company focused on gold mining activities in Africa. Allied has three mines and several development and exploration projects in Africa where it has operating experience. Operations are located in Cote d'Ivoire, Mali, and Ethiopia. The company expands and optimizes initiatives at existing operating mines, the development of new mines, the advancement of its exploration properties, and, targeting other consolidation opportunities with a focus on Africa.

Allied Gold is listed under AAUC on the Toronto Stock 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.