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Southern Empire Resources: Top 10 Undervalued Basic Materials Sector Stocks on TSX-V (SMP)

AI-generated - The Globe and Mail - Tue Apr 16, 2024

Southern Empire Resources 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.

SymbolNameClose Price ($)Valuation ($)DifferenceAverage Vol (30D)Market Cap ($M)Yield (%)P/E Ratio
OMOsisko Metals0.160.410.25 (157.7%)13728845.50.04.0
WAMWestern Alaska Minerals0.761.670.91 (120.4%)2521620.60.00.0
CBLTCBLT0.030.050.03 (117.7%)278681.90.00.0
VIPRSilver Viper Minerals0.090.140.05 (53.5%)44676213.90.00.0
CBRCabral Gold0.210.290.08 (39.3%)14947639.20.021.0
AGXSilver X Mining0.240.310.07 (30.5%)121626039.80.00.0
SMPSouthern Empire Resources0.090.110.02 (23.6%)305925.70.00.0
SWASarama Resources0.020.020.00 (23.1%)1096663.20.00.0
MGROMustGrow Biologics1.051.280.23 (22.3%)1368552.40.00.0
FYLFinlay Minerals0.040.040.01 (21.6%)476604.80.00.0

All data provided as of April 15, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.

Southern Empire Resources

Southern Empire Resources Corp is a Canadian mining exploration company focused on expanding and developing known high-grade oxide gold deposits at its two properties in the southwestern USA namely Oro Cruz and Eastgate. It also holds an interest in the Pedro Gold Project.

Southern Empire Resources is listed under SMP 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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