Orezone Gold: Top 25 Undervalued Toronto Stock Exchange Stocks (ORE)
Orezone Gold is now ranked among the top 25 undervalued stocks listed 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, micro and nano group market capitalization (<10B)
Stocks in this category are held primarily for capital appreciation and/or dividends.
The Toronto Stock Exchange (TSX) is the largest exchange in Canada and one of the largest in the world. It is home for “senior” well-established equities.
| Symbol | Name | Close Price ($) | Valuation ($) | Difference | Average Vol (30D) | Market Cap ($M) | Yield (%) | P/E Ratio |
|---|---|---|---|---|---|---|---|---|
| AXIS | Axis Auto Fin | 0.06 | 0.16 | 0.10 (186.7%) | 32886 | 6.7 | 0.0 | 0.0 |
| IVQ-U | Invesque | 0.26 | 0.73 | 0.47 (181.0%) | 1035 | 14.7 | 0.0 | 0.0 |
| TMD | Titan Medical | 0.07 | 0.19 | 0.12 (172.1%) | 93624 | 9.0 | 0.0 | 0.0 |
| HOT-U | American Hotel Inc Props | 0.46 | 1.14 | 0.68 (148.3%) | 683 | 36.3 | 29.6 | 0.0 |
| ORE | Orezone Gold | 0.84 | 1.96 | 1.12 (133.1%) | 146034 | 313.2 | 0.0 | 5.2 |
| FOOD | Goodfood Market | 0.26 | 0.60 | 0.34 (131.8%) | 34461 | 19.9 | 0.0 | 0.0 |
| VPH | Valeo Pharma | 0.17 | 0.39 | 0.22 (130.6%) | 26210 | 14.6 | 0.0 | 0.0 |
| SGLD | Sabre Gold Mines | 0.10 | 0.22 | 0.12 (124.1%) | 39480 | 7.2 | 0.0 | 0.0 |
| NVO | Novo Resources | 0.11 | 0.24 | 0.13 (119.4%) | 128613 | 32.7 | 0.0 | 0.0 |
| AEZS | AEterna Zentaris | 2.75 | 5.97 | 3.22 (117.0%) | 2894 | 13.4 | 0.0 | 0.0 |
| GMTN | Gold Mountain Mining | 0.01 | 0.03 | 0.02 (116.3%) | 574204 | 1.3 | 0.0 | 0.0 |
| CFF | Conifex Timber | 0.64 | 1.35 | 0.71 (111.6%) | 13581 | 25.7 | 0.0 | 0.0 |
| FURY | Fury Gold Mines | 0.56 | 1.16 | 0.60 (106.5%) | 42773 | 81.5 | 0.0 | 0.0 |
| ITE | i3 Energy | 0.18 | 0.37 | 0.19 (104.3%) | 165144 | 219.0 | 7.4 | 3.6 |
| LEV | Lion Electric | 1.83 | 3.70 | 1.87 (102.2%) | 448026 | 410.5 | 0.0 | 0.0 |
| NCP | Nickel Creek Platinum | 0.01 | 0.03 | 0.01 (99.4%) | 102134 | 7.0 | 0.0 | 0.0 |
| SGNL | Signal Gold | 0.09 | 0.18 | 0.09 (99.3%) | 125615 | 22.6 | 0.0 | 0.0 |
| IVQ | Invesque | 0.37 | 0.73 | 0.36 (97.4%) | 10262 | 21.0 | 0.0 | 0.0 |
| CWL | Caldwell Partners Intl | 0.70 | 1.35 | 0.65 (93.0%) | 7481 | 20.7 | 0.0 | 0.0 |
| IAU | i-80 Gold | 1.72 | 3.25 | 1.53 (88.9%) | 711683 | 471.4 | 0.0 | 0.0 |
| AVNT | Avant Brands | 0.10 | 0.18 | 0.08 (88.5%) | 167884 | 23.8 | 0.0 | 0.0 |
| CJR-B | Corus Entertainment | 0.72 | 1.35 | 0.63 (87.5%) | 247563 | 143.6 | 8.2 | 0.0 |
| BLDP | Ballard Power Systems | 3.70 | 6.90 | 3.20 (86.4%) | 743813 | 1105.0 | 0.0 | 0.0 |
| BRMI | Boat Rocker Media | 0.90 | 1.65 | 0.75 (83.0%) | 8538 | 50.7 | 0.0 | 0.0 |
| SSRM | SSR Mining | 5.41 | 9.81 | 4.40 (81.3%) | 801476 | 1107.5 | 6.3 | 0.0 |
All data provided as of March 31, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Orezone Gold
Orezone Gold Corp is a Canada-based gold mining company mainly engaged in the exploration and evaluation and development of gold. The company operates the open pit Bombore Gold Mine in Burkina Faso. The company operates in the business segment of acquisition, exploration, and potential development of precious metal properties. In addition to social responsibility and sustainability, Orezone has an experienced team in project construction and operations, financings, capital markets and M&A.
Orezone Gold is listed under ORE 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.
