NuLegacy Gold: Top 10 Undervalued Metals & Mining Industry Stocks (NUG)
NuLegacy Gold is now ranked among the top 10 undervalued stocks in the Metals & Mining 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)
Metals & Mining: Companies that produce, refine, market, and distribute aluminum and related aluminum-based products.
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 |
|---|---|---|---|---|---|---|---|---|
| STH | Stelmine Canada | 0.01 | 0.07 | 0.05 (349.2%) | 120896 | 1.5 | 0.0 | 0.0 |
| NUG | NuLegacy Gold | 0.01 | 0.02 | 0.01 (296.8%) | 91120 | 3.2 | 0.0 | 0.0 |
| REC | Record Resources | 0.01 | 0.02 | 0.01 (261.4%) | 79664 | 0.4 | 0.0 | 0.0 |
| TKU | Tarku Resources | 0.01 | 0.05 | 0.03 (233.0%) | 134374 | 1.9 | 0.0 | 0.0 |
| CYL | Ceylon Graphite | 0.02 | 0.07 | 0.05 (226.0%) | 73293 | 3.1 | 0.0 | 0.0 |
| LCE | Century Lithium | 0.22 | 0.68 | 0.46 (209.1%) | 46428 | 32.7 | 0.0 | 0.0 |
| FUSE | Fuse Battery Metals | 0.04 | 0.10 | 0.07 (196.4%) | 27366 | 6.6 | 0.0 | 0.0 |
| BAU | Blue Star Gold | 0.06 | 0.18 | 0.12 (193.2%) | 114462 | 4.9 | 0.0 | 0.0 |
| RMD | Richmond Minerals | 0.02 | 0.06 | 0.04 (183.5%) | 40392 | 0.6 | 0.0 | 1.5 |
| INFI | Infinitum Copper | 0.03 | 0.08 | 0.05 (182.5%) | 14281 | 1.2 | 0.0 | 0.0 |
All data provided as of September 23, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
NuLegacy Gold
NuLegacy Gold Corp is an exploration company. It is engaged in the business of exploration, development, and extraction of gold and other precious metals. The company mainly operates its business activities from Nevada through its Red Hill property which is located on trend and adjacent to the three multi-million ounces Carlin-type gold deposits (the Pipeline, Cortez Hills, and Goldrush deposits) that are amongst Barrick Gold mines.
NuLegacy Gold is listed under NUG 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.
