Labrador Gold: Top 10 Undervalued Basic Materials Sector Stocks on TSX-V (LAB)
Labrador Gold is now ranked among the top 10 undervalued stocks in the Basic Materials sector on the TSX Venture 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). The basic materials sector includes commodity focused companies working in mining and minerals, lumber and pulp and paper, chemicals, agriculture as well as coking coal and steel.
All data provided as-at market close June 11, 2023. The list is sorted by stocks with the greatest percentage difference between valuation and price. Labrador Gold Labrador Gold Corp is a Canadian based mineral exploration company. It focuses on the acquisition and exploration of prospective gold projects in the Americas. Labrador Gold is listed under LAB on the TSX Venture Exchange.
| Symbol | Name | Close Price | Shares Outstanding | P/E | P/B | Cash per Share | Net Cash per Share |
|---|---|---|---|---|---|---|---|
| APGO-X | Apollo Silver | 0.14 | 0 | 0 | 0 | 0 | 0 |
| CAND-X | Candelaria Mining | 0.04 | 0 | 0 | 0 | 0 | 0 |
| ADY-X | Adyton Resources | 0.01 | 0 | 0 | 0 | 0 | 0 |
| LAB-X | Labrador Gold | 0.17 | 0 | 0 | 0 | 0 | 0 |
| LKY-X | Lucky Minerals | 0.02 | 0 | 0 | 0 | 0 | 0 |
| MTN-H-X | Martina Minerals | 0.03 | 0 | 0.4 | 0 | 0 | 0 |
| HVG-X | Harvest Gold | 0.02 | 0 | 6.3 | 0 | 0 | 0 |
| AUN-X | Aurcana Silver | 0.01 | 0 | 0 | 0 | 0 | 0 |
| DEF-X | Defiance Silver | 0.15 | 0 | 0 | 0 | 0 | 0 |
| GLDL-X | Gold Line Resources | 0.09 | 0 | 0 | 0 | 0 | 0 |
More about Labrador Gold
Stocks in this category are held primarily for capital appreciation.
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