Labrador Gold: Top 25 Undervalued TSX Venture Exchange Stocks (LAB)
Labrador Gold is now ranked among the top 25 undervalued stocks listed 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)
- Small, micro and nano group market capitalization (<10B)
Stocks in this category are held primarily for capital appreciation and/or dividends.
TSX Venture Exchange focusses on earlier-stage companies looking to access capital to fund growth – especially in Canada's rich natural-resource sectors. Many companies are also dually-listed in US and international markets.
| Symbol | Name | Close Price ($) | Valuation ($) | Difference | Average Vol (30D) | Market Cap ($M) | Yield (%) | P/E Ratio |
|---|---|---|---|---|---|---|---|---|
| MNOW | Mednow | 0.02 | 0.16 | 0.14 (689.2%) | 37616 | 0.4 | 0.0 | 0.0 |
| DVG | Divergent Energy Services | 0.01 | 0.05 | 0.04 (444.1%) | 30595 | 0.3 | 0.0 | 0.7 |
| MAS | Mas Gold | 0.01 | 0.02 | 0.02 (367.3%) | 53535 | 1.0 | 0.0 | 0.0 |
| CAG | Composite Alliance Group | 0.01 | 0.05 | 0.04 (355.0%) | 5886 | 1.1 | 0.0 | 0.0 |
| CHS | Comprehensive Healthcare | 0.01 | 0.04 | 0.03 (309.3%) | 74227 | 1.2 | 0.0 | 0.0 |
| OOOO | OOOOO Entertainment | 0.01 | 0.04 | 0.03 (293.1%) | 22250 | 0.8 | 0.0 | 0.0 |
| QURI | Quri-Mayu Developments | 0.01 | 0.04 | 0.03 (269.1%) | 37250 | 0.4 | 0.0 | 0.0 |
| KLM | Kermode Resources | 0.02 | 0.07 | 0.05 (262.8%) | 25535 | 0.3 | 0.0 | 0.0 |
| INFI | Infinitum Copper | 0.01 | 0.05 | 0.04 (259.2%) | 91786 | 0.7 | 0.0 | 0.0 |
| CH | Charbone Hydrogen | 0.04 | 0.12 | 0.09 (252.1%) | 51808 | 2.0 | 0.0 | 0.0 |
| KTR | Kintavar Exploration | 0.01 | 0.05 | 0.04 (251.0%) | 40538 | 1.9 | 0.0 | 0.0 |
| PLRB | Pluribus Technologies | 0.30 | 0.97 | 0.67 (222.7%) | 16112 | 4.7 | 0.0 | 0.0 |
| AVX | Altair Resources | 0.01 | 0.02 | 0.01 (214.7%) | 6250 | 0.3 | 0.0 | 0.0 |
| ENTG | Entourage Health | 0.01 | 0.05 | 0.03 (213.1%) | 26618 | 4.6 | 0.0 | 0.0 |
| TAU | Thesis Gold | 0.52 | 1.62 | 1.10 (211.1%) | 257948 | 53.8 | 0.0 | 0.0 |
| WCU | World Copper | 0.06 | 0.19 | 0.13 (210.8%) | 83871 | 7.5 | 0.0 | 0.0 |
| LUCA | Luca Mining | 0.24 | 0.74 | 0.50 (208.9%) | 56850 | 15.5 | 0.0 | 0.0 |
| ROVR | Rover Metals | 0.02 | 0.06 | 0.04 (205.1%) | 68439 | 0.4 | 0.0 | 0.0 |
| THRM | Therma Bright | 0.02 | 0.06 | 0.04 (204.8%) | 164214 | 4.8 | 0.0 | 0.0 |
| LAB | Labrador Gold | 0.13 | 0.39 | 0.26 (202.2%) | 87812 | 22.1 | 0.0 | 0.0 |
| CEBI | CE Brands | 0.01 | 0.02 | 0.01 (201.3%) | 7463 | 0.1 | 0.0 | 0.0 |
| TMRR | Tempus Resources | 0.01 | 0.02 | 0.01 (194.3%) | 145480 | 1.8 | 0.0 | 0.0 |
| MGI | Magnum Goldcorp | 0.01 | 0.03 | 0.02 (190.9%) | 68636 | 0.4 | 0.0 | 0.0 |
| LFST | Lifeist Wellness | 0.01 | 0.03 | 0.02 (183.8%) | 1093189 | 4.7 | 0.0 | 0.0 |
| WRLG | West Red Lake Gold Mines | 0.47 | 1.33 | 0.86 (182.0%) | 380042 | 14.5 | 0.0 | 0.0 |
All data provided as of November 26, 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)
- 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.
