First Helium: Top 25 Undervalued TSX Venture Exchange Stocks (HELI)
First Helium 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 |
|---|---|---|---|---|---|---|---|---|
| CEBI | CE Brands | 0.01 | 0.06 | 0.05 (540.8%) | 44438 | 0.3 | 0.0 | 0.0 |
| EDY | Eddy Smart Home Solns | 0.01 | 0.05 | 0.04 (264.8%) | 19912 | 1.2 | 0.0 | 0.0 |
| HELI | First Helium | 0.06 | 0.19 | 0.13 (244.6%) | 96416 | 4.8 | 0.0 | 0.0 |
| DAC | Datable Technology | 0.01 | 0.02 | 0.01 (222.4%) | 77722 | 1.1 | 0.0 | 0.0 |
| ZAC | Zacatecas Silver | 0.10 | 0.34 | 0.23 (221.1%) | 59972 | 9.5 | 0.0 | 0.0 |
| UI | Urbanimmersive | 0.06 | 0.17 | 0.12 (214.7%) | 79191 | 2.6 | 0.0 | 0.0 |
| GAME | GameSquare Holdings | 1.86 | 5.67 | 3.81 (204.7%) | 3602 | 24.0 | 0.0 | 0.0 |
| PSYB | PsyBio Therapeutics | 0.01 | 0.03 | 0.02 (204.1%) | 1.3 | 0.0 | 0.0 | |
| NBR | Nubian Resources | 0.04 | 0.12 | 0.08 (199.9%) | 12147 | 2.5 | 0.0 | 0.0 |
| SR | Strategic Resources | 0.88 | 2.63 | 1.75 (199.4%) | 3377 | 6.7 | 0.0 | 0.0 |
| WAM | Western Alaska Minerals | 0.78 | 2.32 | 1.54 (198.1%) | 13051 | 21.1 | 0.0 | 0.0 |
| TAU | Thesis Gold | 0.48 | 1.44 | 0.95 (196.8%) | 127385 | 50.2 | 0.0 | 0.0 |
| MAX | MAX Res | 0.11 | 0.33 | 0.22 (196.1%) | 55598 | 17.8 | 0.0 | 0.0 |
| OVT | Oculus VisionTech | 0.04 | 0.12 | 0.08 (195.5%) | 22730 | 3.7 | 0.0 | 0.0 |
| ACU | Aurora Solar Technologies | 0.03 | 0.07 | 0.05 (191.2%) | 41881 | 5.6 | 0.0 | 0.0 |
| DM | DataMetrex AI | 0.01 | 0.04 | 0.03 (185.2%) | 284807 | 5.9 | 0.0 | 0.0 |
| INFI | Infinitum Copper | 0.01 | 0.04 | 0.03 (185.0%) | 146005 | 1.1 | 0.0 | 0.0 |
| GOOD | Good Gamer Entertainment | 0.01 | 0.04 | 0.03 (180.8%) | 7717 | 0.6 | 0.0 | 0.0 |
| ROCK | Rockridge Resources | 0.01 | 0.03 | 0.02 (180.6%) | 121317 | 1.3 | 0.0 | 0.0 |
| EGT | Eguana Technologies | 0.03 | 0.07 | 0.04 (178.5%) | 436127 | 10.5 | 0.0 | 0.0 |
| KNC | K9 Gold | 0.03 | 0.07 | 0.04 (173.0%) | 174594 | 2.3 | 0.0 | 0.0 |
| JNH | Jack Nathan Medical | 0.05 | 0.14 | 0.09 (171.6%) | 18391 | 4.5 | 0.0 | 0.0 |
| ZBNI | ZEB Nickel | 0.04 | 0.12 | 0.08 (170.2%) | 15558 | 2.5 | 0.0 | 0.0 |
| SAY | Sparta Cap | 0.01 | 0.04 | 0.02 (165.9%) | 48066 | 2.7 | 0.0 | 0.0 |
| WA | Western Atlas Resources | 0.01 | 0.04 | 0.02 (165.0%) | 47915 | 1.8 | 0.0 | 0.0 |
All data provided as of January 21, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
First Helium
First Helium Inc is a Canadian company. The business is engaged in acquiring, exploring, evaluating, and developing helium property interests in Alberta. The company also produces Petroleum and natural gas as part of its operations. Its project includes the Worsley project and the Lethbridge project.
First Helium is listed under HELI 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.
