Electra Battery Materials: Top 10 Undervalued Growth Stocks on TSX-V (ELBM)
Electra Battery Materials is now ranked among the top 10 undervalued small cap growth stocks on the TSX Venture Exchange (TSX-V).
- 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)
- Small, micro and nano group market capitalization (<10B)
Stocks in this category that have grown their revenue significantly in their latest quarterly report. They are held primarily for capital appreciation but do present downside risk. Growth stocks are always of interest to investors as they present upside opportunity. Stocks that are both growing their quarterly revenue and showing as undervalued are of special interest as these two factors are important when looking for prospects.
| Symbol | Name | Close Price ($) | Valuation ($) | Difference | Average Vol (30D) | Market Cap ($M) | Yield (%) | P/E Ratio |
|---|---|---|---|---|---|---|---|---|
| CEBI | CE Brands | 0.15 | 0.71 | 0.56 (376.0%) | 1690 | 0.5 | 0.0 | 0.0 |
| GBU | Gabriel Resources | 0.02 | 0.09 | 0.07 (345.3%) | 3433419 | 20.5 | 0.0 | 0.0 |
| FUND | Katipult Technology | 0.04 | 0.11 | 0.08 (219.1%) | 16563 | 2.5 | 0.0 | 0.0 |
| ISGI | InsuraGuest Technologies | 0.02 | 0.06 | 0.04 (206.3%) | 29060 | 1.2 | 0.0 | 0.0 |
| ICM | Iconic Minerals | 0.02 | 0.06 | 0.04 (189.5%) | 39576 | 3.0 | 0.0 | 0.1 |
| ELBM | Electra Battery Materials | 0.65 | 1.84 | 1.19 (182.5%) | 43901 | 30.3 | 0.0 | 0.0 |
| KC | Kutcho Copper | 0.11 | 0.31 | 0.20 (182.0%) | 63566 | 18.7 | 0.0 | 0.0 |
| KOVO | Kovo Healthtech | 0.04 | 0.13 | 0.08 (180.2%) | 16310 | 2.6 | 0.0 | 0.0 |
| FRXI | FRX Innovations | 0.04 | 0.10 | 0.06 (176.9%) | 74082 | 3.5 | 0.0 | 2.6 |
| GAME | GameSquare Holdings | 1.98 | 5.37 | 3.39 (171.2%) | 11477 | 25.6 | 0.0 | 0.0 |
| ICRS | Icarus Cap | 0.04 | 0.09 | 0.06 (171.0%) | 2539 | 0.2 | 0.0 | 0.0 |
| ULT | Ultra Lithium | 0.01 | 0.04 | 0.03 (169.5%) | 27242 | 2.5 | 0.0 | 0.0 |
| NXO | NexOptic Technology | 0.03 | 0.07 | 0.04 (167.7%) | 73650 | 4.9 | 0.0 | 0.0 |
| DKL | Decklar Resources | 0.04 | 0.11 | 0.07 (165.1%) | 76701 | 4.4 | 0.0 | 0.0 |
| JHC | Jinhua Capital | 0.01 | 0.04 | 0.02 (162.1%) | 160028 | 0.2 | 0.0 | 0.0 |
| SR | Strategic Resources | 0.87 | 2.27 | 1.40 (160.7%) | 4242 | 6.6 | 0.0 | 0.0 |
| XYBN | Xybion Digital | 0.45 | 1.15 | 0.70 (156.1%) | 7935 | 0.7 | 0.0 | 0.9 |
| ESS | Esstra Indus | 0.05 | 0.13 | 0.08 (155.2%) | 0.4 | 0.0 | 0.0 | |
| GYM | TUT Fitness Gr | 0.01 | 0.03 | 0.02 (153.3%) | 5523 | 0.3 | 0.0 | 0.0 |
| DAC | Datable Technology | 0.01 | 0.01 | 0.01 (148.3%) | 171366 | 1.1 | 0.0 | 0.0 |
| RMD | Richmond Minerals | 0.04 | 0.10 | 0.06 (147.2%) | 12357 | 0.5 | 0.0 | 0.0 |
| THRM | Therma Bright | 0.01 | 0.04 | 0.02 (146.3%) | 166623 | 3.9 | 0.0 | 0.0 |
| ZBNI | ZEB Nickel | 0.05 | 0.12 | 0.07 (145.8%) | 95 | 2.8 | 0.0 | 0.0 |
| AAZ | Azincourt Energy | 0.03 | 0.06 | 0.04 (145.2%) | 202740 | 6.2 | 0.0 | 0.0 |
| HILL | Hill | 0.45 | 1.10 | 0.65 (144.5%) | 323 | 1.5 | 0.0 | 0.0 |
All data provided as of March 22, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Companies included above have not paid a dividend in the last 12-months.
Electra Battery Materials
Electra Battery Materials Corp is building North America's fully integrated, localized, and environmentally sustainable battery materials park. Electra Battery Materials is an integral part of the North American battery supply chain, providing low-carbon, sustainable, and traceable raw materials for the region's fast growing electric vehicle industry.
Electra Battery Materials is listed under ELBM on the TSX Venture 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.
