High Arctic Energy Servs: Top 10 Undervalued Nano Cap Stocks on TSX (HWO)
High Arctic Energy Servs 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.
| Symbol | Name | Close Price ($) | Valuation ($) | Difference | Average Vol (30D) | Market Cap ($M) | Yield (%) | P/E Ratio |
|---|---|---|---|---|---|---|---|---|
| WRX | Western Resources | 0.04 | 0.17 | 0.13 (315.8%) | 233191 | 18.7 | 0.0 | 0.0 |
| IVQ-U | Invesque | 0.16 | 0.63 | 0.47 (295.9%) | 1290 | 9.1 | 0.0 | 0.0 |
| CRWN | Crown Cap Partners | 0.94 | 3.29 | 2.35 (249.6%) | 1533 | 5.3 | 0.0 | 0.0 |
| IVQ | Invesque | 0.22 | 0.76 | 0.54 (247.5%) | 9276 | 12.5 | 0.0 | 0.0 |
| NVO | Novo Resources | 0.09 | 0.27 | 0.18 (216.1%) | 228954 | 30.1 | 0.0 | 0.0 |
| CHW | Chesswood Group | 0.90 | 2.65 | 1.75 (194.5%) | 21545 | 16.6 | 15.6 | 0.0 |
| GMTN | Gold Mountain Mining | 0.04 | 0.11 | 0.07 (175.8%) | 64236 | 8.6 | 0.0 | 0.0 |
| TMD | Titan Medical | 0.05 | 0.14 | 0.09 (173.7%) | 40201 | 5.7 | 0.0 | 0.0 |
| HWO | High Arctic Energy Servs | 1.49 | 3.74 | 2.25 (151.2%) | 29197 | 18.8 | 4.0 | 0.0 |
| VPH | Valeo Pharma | 0.08 | 0.18 | 0.10 (124.9%) | 21998 | 7.9 | 0.0 | 0.0 |
All data provided as of August 25, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
High Arctic Energy Servs
High Arctic Energy Services Inc is engaged in providing contract drilling, well servicing, completion services, equipment rentals, and other oilfield services to the oil and natural gas industry in Papua New Guinea and Canada.
High Arctic Energy Servs is listed under HWO 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.
