Labrador Gold: Top 10 Undervalued Metals & Mining Industry Stocks (LAB)
Labrador Gold is now ranked among the top 10 undervalued stocks in the Metals & Mining industry on the Toronto Stock Exchange or 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).
Metals & Mining: Companies that produce, refine, market, and distribute aluminum and related aluminum-based products. Stocks in this category are held primarily for capital appreciation.
| Symbol | Name | Close Price ($) | Valuation ($) | Difference | Average Vol (30D) | Market Cap ($M) | Yield (%) | P/E Ratio |
|---|---|---|---|---|---|---|---|---|
| ELEF-T | Silver Elephant Mining | 0.33 | 0.92 | 0.59 (178.71) | 4,356 | 8.5 | 0 | 0 |
| EDDY-X | Edison Lithium | 0.02 | 0.07 | 0.05 (236.6) | 405,735 | 2.3 | 0 | 0 |
| GGO-X | Galleon Gold | 0.14 | 0.46 | 0.31 (216.62) | 55,330 | 8.1 | 0 | 0 |
| LAB-X | Labrador Gold | 0.18 | 0.53 | 0.35 (195.13) | 58,873 | 30.6 | 0 | 0 |
| LKY-X | Lucky Minerals | 0.01 | 0.04 | 0.03 (194.74) | 53,543 | 3 | 0 | 0 |
| UNV-X | Universal Copper | 0.01 | 0.05 | 0.04 (240.57) | 12,184 | 1.3 | 0 | 0 |
| FURY-T | Fury Gold Mines | 0.5 | 1.67 | 1.17 (233.01) | 29,251 | 70 | 0 | 0 |
| MTN-H-X | Martina Minerals | 0.03 | 0.08 | 0.05 (182.35) | 0 | 0.3 | 0 | 0.4 |
| GMTN-T | Gold Mountain Mining | 0.12 | 0.37 | 0.26 (225.47) | 120,878 | 10.1 | 0 | 0 |
| SGU-X | Signature Resources | 0.01 | 0.05 | 0.04 (241.01) | 60,585 | 1 | 0 | 0 |
More about Labrador Gold
All data provided as-at market close July 27, 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. The company also has mineral rights interests in Ontario, Canada. Its projects include Borden Lake Extension Project, the Hopedale property, and the Kingsway property. Labrador Gold is listed under LAB 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) and Analyst Consensus
Artificial intelligence at Report on Business
AI at The Globe and Mail This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities.
