Optegra Ventures: Top 10 Undervalued Basic Materials Sector Stocks on TSX-V (OPTG)
Optegra Ventures is now ranked among the top 10 undervalued stocks in the Basic Materials sector 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)
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 |
|---|---|---|---|---|---|---|---|---|
| JRV | Jervois Glb | 0.03 | 0.11 | 0.09 (354.6%) | 316745 | 53.1 | 0.0 | 0.0 |
| OPTG | Optegra Ventures | 0.06 | 0.21 | 0.15 (281.5%) | 6518 | 0.5 | 0.0 | 0.0 |
| HMAN | Huntsman Exploration | 0.03 | 0.09 | 0.06 (246.0%) | 5210 | 0.0 | 0.0 | 0.3 |
| DTWO | D2 Lithium | 0.09 | 0.28 | 0.19 (226.6%) | 7576 | 3.1 | 0.0 | 0.0 |
| SFR | Sandfire Resources | 0.09 | 0.28 | 0.19 (213.7%) | 12374 | 92.1 | 0.0 | 0.0 |
| FRXI | FRX Innovations | 0.04 | 0.14 | 0.10 (213.4%) | 118506 | 4.5 | 0.0 | 0.0 |
| CXG | CanXGold Mining | 0.01 | 0.01 | 0.01 (197.9%) | 1800 | 0.4 | 0.0 | 0.0 |
| LKY | Lucky Minerals | 0.01 | 0.01 | 0.01 (190.3%) | 149635 | 1.0 | 0.0 | 0.0 |
| LUCA | Luca Mining | 0.24 | 0.69 | 0.45 (186.1%) | 101552 | 15.5 | 0.0 | 0.0 |
| RTM | RT Minerals | 0.03 | 0.07 | 0.05 (185.1%) | 15865 | 0.3 | 0.0 | 0.0 |
All data provided as of October 30, 2023.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Optegra Ventures
Optegra Ventures Inc Formerly Essex Minerals Inc is a Canada-based company engaged in exploration and evaluation business in two geographical areas, Canada and Australia.
Optegra Ventures is listed under OPTG 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.
