Aclara Resources: Top 10 Undervalued Micro Cap Stocks on TSX (ARA)
Aclara Resources is now ranked among the top 10 micro cap stocks 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)
- Micro caps total market capitalization (50-300M)
Stocks in this category are held primarily for capital appreciation. Nano, micro, and small cap stocks can be very volatile and may generate high returns or losses. Whereas mid and large cap stocks tend to be more stable.
| Symbol | Name | Close Price ($) | Valuation ($) | Difference | Average Vol (30D) | Market Cap ($M) | Yield (%) | P/E Ratio |
|---|---|---|---|---|---|---|---|---|
| CNE | Canacol Energy | 4.12 | 8.87 | 4.75 (115.2%) | 39245 | 140.5 | 18.9 | 1.4 |
| ORE | Orezone Gold | 0.67 | 1.42 | 0.75 (112.2%) | 167770 | 251.9 | 0.0 | 6.1 |
| AKT-A | Akita Drilling | 1.30 | 2.72 | 1.42 (108.9%) | 34054 | 52.1 | 0.0 | 4.5 |
| AKT-B | Akita Drilling | 1.55 | 3.13 | 1.58 (102.0%) | 33 | 62.1 | 0.0 | 5.3 |
| GFP | GreenFirst Forest Prods | 0.35 | 0.69 | 0.34 (95.6%) | 99729 | 63.0 | 0.0 | 0.0 |
| DRT | Dirtt Environmental Solns | 0.58 | 1.10 | 0.52 (89.8%) | 56133 | 167.3 | 0.0 | 0.0 |
| WM | Wallbridge Mining Co | 0.08 | 0.15 | 0.07 (87.9%) | 473224 | 81.3 | 0.0 | 0.0 |
| ELO | Eloro Resources | 1.34 | 2.52 | 1.18 (87.8%) | 56266 | 103.0 | 0.0 | 0.0 |
| MHC-U | Flagship Communities | 14.00 | 26.22 | 12.22 (87.3%) | 9962 | 295.0 | 4.1 | 4.9 |
| ARA | Aclara Resources | 0.52 | 0.97 | 0.45 (86.8%) | 62164 | 84.9 | 0.0 | 0.0 |
All data provided as of June 15, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Aclara Resources
Aclara Resources Inc is a development stage company involved in the exploration of rare-earth elements, operating one business segment, which is the development of two projects called Penco Module in Chile and Carina Module in Brazil. It is focused on the development of the Penco Module and Carina Module, which contain ionic clays rich in Rare Earth Elements.
Aclara Resources is listed under ARA 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.
