Largo: Top 10 Undervalued Small Cap Stocks on TSX (LGO)
Largo is now ranked among the top 10 small 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). Small caps total market capitalization (300M-2B).
All data provided as-at market close July 19, 2023. The list is sorted by stocks with the greatest percentage difference between valuation and price. Largo Largo Inc is committed to the production and supply of high-quality vanadium products. The Company is also focused on the advancement of renewable energy storage solutions through Largo Clean Energy and its vanadium redox flow battery technology. The Company is engaged in the mining, exploration, and development of mineral properties, primarily in Brazil, through which it produces and supplies vanadium products VPURE Flake, VPURE+ Flake, and VPURE+ Powder. Largo is listed under LGO on the Toronto Stock Exchange.
| Symbol | Name | Close Price | Shares Outstanding | P/E | P/B | Cash per Share | Net Cash per Share |
|---|---|---|---|---|---|---|---|
| ESI-T | Ensign Energy Services | 2.3 | 0 | 88.2 | 0 | 0 | 0 |
| OGI-T | OrganiGram Holdings | 1.77 | 0 | 0 | 0 | 0 | 0 |
| BLDP-T | Ballard Power Systems | 6.12 | 0 | 0 | 0 | 0 | 0 |
| AOT-T | Ascot Resources | 0.58 | 0 | 0 | 0 | 0 | 0 |
| SFC-T | Sagicor Financial | 4.43 | 0 | 2.4 | 0 | 0 | 0 |
| MHC-U-T | Flagship Communities | 15.87 | 0 | 5.7 | 0 | 0 | 0 |
| III-T | Imperial Metals | 2.08 | 0 | 0 | 0 | 0 | 0 |
| TLRY-T | Tilray Brands | 2.16 | 0 | 0 | 0 | 0 | 0 |
| LGO-T | Largo | 5.95 | 0 | 0 | 0 | 0 | 0 |
| CTS-T | Converge Tech Solns | 3.29 | 0 | 25.3 | 0 | 0 | 0 |
More about Largo
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.
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.
