Ascot Resources: Top 10 Undervalued Basic Materials Sector Stocks on TSX (AOT)
Ascot Resources 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 |
|---|---|---|---|---|---|---|---|---|
| TML | Treasury Metals | 0.15 | 0.37 | 0.22 (148.7%) | 81969 | 22.2 | 0.0 | 0.0 |
| ORE | Orezone Gold | 0.80 | 1.98 | 1.18 (147.2%) | 168044 | 298.2 | 0.0 | 4.8 |
| GMTN | Gold Mountain Mining | 0.07 | 0.15 | 0.08 (106.1%) | 163115 | 6.6 | 0.0 | 0.0 |
| ELEF | Silver Elephant Mining | 0.29 | 0.60 | 0.31 (105.6%) | 21623 | 9.4 | 0.0 | 0.0 |
| AOT | Ascot Resources | 0.40 | 0.81 | 0.41 (102.2%) | 236879 | 222.4 | 0.0 | 0.0 |
| CFF | Conifex Timber | 0.57 | 1.13 | 0.56 (97.4%) | 24064 | 22.9 | 0.0 | 0.0 |
| III | Imperial Metals | 1.94 | 3.66 | 1.72 (88.6%) | 16602 | 305.0 | 0.0 | 0.0 |
| LAAC | Lithium Americas | 7.63 | 14.29 | 6.66 (87.3%) | 226391 | 1263.0 | 0.0 | 0.0 |
| CXB | Calibre Mining | 1.25 | 2.31 | 1.06 (84.8%) | 1900710 | 596.8 | 0.0 | 5.1 |
| NCP | Nickel Creek Platinum | 0.01 | 0.03 | 0.01 (82.8%) | 708365 | 7.0 | 0.0 | 0.0 |
All data provided as of December 11, 2023.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Ascot Resources
Ascot Resources Ltd is a development and exploration company. It is a focused gold and silver explorer with a portfolio of advanced and grassroots projects in the Golden Triangle region of British Columbia. It holds an interest in Premier Gold Project and Red Mountain Project. The company also has two other properties; Swamp Point, an aggregate project located in British Columbia on the Portland Canal, and Mt.
Ascot Resources is listed under AOT 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.
