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Newport Exploration: Top 25 Undervalued Dividend Stocks on TSX-V (NWX)

AI-generated - The Globe and Mail - Thu May 16, 2024

Newport Exploration is now ranked among the top 10 undervalued small cap dividend-paying stocks on the TSX Venture Exchange (TSX-V).

  • 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 potential income and capital appreciation. Dividend stocks showing a higher valuation than their current price have both potential upside and ability to sustain or grow their dividend.

SymbolNameClose Price ($)Valuation ($)DifferenceAverage Vol (30D)Market Cap ($M)Yield (%)P/E Ratio
NET-UNCanadian Net4.985.560.58 (11.6%)7273102.46.95.6
LPCLorne Park Capital1.251.290.04 (3.4%)152869.22.234.7
NXGNexgenRx0.220.220.00 (0.6%)325015.54.50.0
SECUSSC Security Services2.653.200.55 (20.6%)491551.04.50.0
UFCUrbanfund0.840.940.10 (11.9%)169049.56.07.9
MAR-UNMarwest Apartment0.771.180.41 (52.9%)50746.72.00.8
NXLVNexLiving Communities1.683.121.44 (85.9%)431528.12.45.6
SRESSun Residential REIT0.040.070.03 (56.2%)865689.28.40.0
PINE-UNPine Trail0.040.040.00 (5.4%)62151.27.726.9
NWXNewport Exploration0.160.160.00 (0.7%)2446016.921.98.0

All data provided as of January 31, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Companies included above paid a dividend in the last 12-months.

Newport Exploration

Newport Exploration Ltd is an exploration stage company. It is engaged in the acquisition and exploration of resource properties. Its projects include Cooper Basin in Australia and Chu Chua property in Canada. Newport has royalty interests in producing oil and gas permits in the Cooper Basin, Australia, and a mining project in British Columbia, Canada.

Newport Exploration is listed under NWX 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.

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