Skip to main content
hello world

Ascendant Resources: Top 10 Undervalued Nano Cap Stocks on TSX (ASND)

AI-generated - The Globe and Mail - Sat Jan 13, 1:54AM CST

Ascendant Resources is now ranked among the top 10 nano 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)
  • Nano caps total market capitalization (<50M)

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.

SymbolNameClose Price ($)Valuation ($)DifferenceAverage Vol (30D)Market Cap ($M)Yield (%)P/E Ratio
GMTNGold Mountain Mining0.020.060.04 (221.2%)4556231.80.00.0
IVQ-UInvesque0.270.790.53 (198.5%)563918.40.00.0
IVQInvesque0.350.920.56 (158.1%)1408824.70.00.0
EXNExcellon Resources0.100.220.13 (136.3%)1726854.00.00.0
CWEBCharlottes Web Holdings0.270.630.36 (132.2%)4863841.30.00.0
FOODGoodfood Market0.270.630.35 (131.5%)9695820.50.00.0
SCYScandium Intl Mining0.030.060.03 (125.2%)5159258.90.015.5
EGLXEnthusiast Gaming Hldgs0.240.540.30 (124.0%)39253137.10.00.0
ASNDAscendant Resources0.080.170.09 (118.1%)5008610.80.01.0
FGAA-UFG Acquisition9.6420.6711.03 (114.4%)13527.70.00.0

All data provided as of January 13, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.

Ascendant Resources

Ascendant Resources Inc is a mining company. The company is engaged in evaluating resource opportunities. It is focused on its own producing El Mochito zinc, silver and lead mine. The El Mochito mine is located in northwestern Honduras. The underground operation takes advantage of selective and bulk underground mining methods to mine multiple flat-lying manto deposits and high-grade vertical chimneys, producing zinc and lead concentrates with silver credits.

Ascendant Resources is listed under ASND 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.