Altius Minerals: Top 10 Undervalued Basic Materials Sector Stocks on TSX (ALS)
Altius Minerals 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.
| Symbol | Name | Close Price ($) | Valuation ($) | Difference | Average Vol (30D) | Market Cap ($M) | Yield (%) | P/E Ratio |
|---|---|---|---|---|---|---|---|---|
| AAUC | Allied Gold | - | - | - (0.0%) | 0.0 | 0.0 | 0.0 | |
| ABX | Barrick Gold | - | - | - (0.0%) | 0.0 | 2.3 | 21.2 | |
| ADN | Acadian Timber | - | - | - (0.0%) | 0.0 | 6.7 | 10.0 | |
| AEM | Agnico Eagle Mines | - | - | - (0.0%) | 0.0 | 2.3 | 87.1 | |
| AG | First Majestic Silver | - | - | - (0.0%) | 0.0 | 0.3 | 0.0 | |
| AGI | Alamos Gold | - | - | - (0.0%) | 0.0 | 0.6 | 32.8 | |
| AII | Almonty Indus | - | - | - (0.0%) | 0.0 | 0.0 | 0.0 | |
| ALS | Altius Minerals | - | - | - (0.0%) | 0.0 | 1.4 | 115.9 | |
| AMC | Arizona Metals | - | - | - (0.0%) | 0.0 | 0.0 | 0.0 | |
| AMM | Almaden Minerals | - | - | - (0.0%) | 0.0 | 0.0 | 0.0 |
All data provided as of May 28, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Altius Minerals
Altius Minerals Corp is engaged in the business of obtaining diversified mining royalty. It holds interests in mining operations that produce metals and minerals such as copper, nickel, cobalt, lithium, potash, and iron ore. The corporation also holds other pre-development stage royalty interests and various earlier-stage royalties. It is engaged in the operating segments of Mineral Royalties, Renewable Royalties, and Project Generation.
Altius Minerals is listed under ALS 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.
