First Helium: Top 10 Undervalued Chemicals Industry Stocks (HELI)
First Helium is now ranked among the top 10 undervalued stocks in the Chemicals 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)
Chemicals: Chemical manufacturing companies engaged in diverse chemical and chemical-related operations, and basic chemicals manufacturing.
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 |
|---|---|---|---|---|---|---|---|---|
| BOS | AirBoss of America | 5.40 | 8.46 | 3.06 (56.6%) | 16832 | 146.5 | 5.1 | 0.0 |
| NANO | Nano One Materials | 1.25 | 1.95 | 0.70 (56.1%) | 77477 | 139.1 | 0.0 | 0.0 |
| HELI | First Helium | 0.09 | 0.14 | 0.05 (56.0%) | 85195 | 7.8 | 0.0 | 0.0 |
| GGG | G6 Materials | 0.09 | 0.13 | 0.04 (49.6%) | 29965 | 1.4 | 0.0 | 0.0 |
| GMG | Graphene Manufacturing Gr | 0.65 | 0.86 | 0.21 (33.0%) | 84123 | 55.0 | 0.0 | 0.0 |
| IZ | Intl Zeolite | 0.04 | 0.05 | 0.01 (13.3%) | 4742 | 1.9 | 0.0 | 0.0 |
| CHE-UN | Chemtrade Logistics Inc | 9.50 | 10.62 | 1.12 (11.8%) | 204876 | 1494.8 | 6.6 | 6.6 |
| NEO | Neo Performance Materials | 8.30 | 9.11 | 0.81 (9.8%) | 127843 | 352.7 | 4.8 | 101.6 |
| CH | Charbone Hydrogen | 0.07 | 0.08 | 0.01 (6.9%) | 319139 | 6.7 | 0.0 | 0.0 |
All data provided as of July 15, 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.
