Novagold Resources (NG:ASE) and Earthstone Energy (ESTE:ASE) Are Undervalued

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Undervalued Stocks on AMEX

Today we are looking at companies that are considered undervalued based on the Analyst data in the StockCalc database.

In the table below we can see the close price and target price for these companies along with the number of analysts covering the stock. We also have included the fiscal year for the target price as sometimes these analyst targets are not for the current or even the next fiscal year.

There can be a number of reasons why a company would be on this list. What is particularly interesting are companies with a large analyst following that make this list. We need to dig deeper into these companies to understand why the difference in price versus target.

Today’s Data on AMEX

Today’s data is for companies listed on the American Stock Exchange.

Symbol Name Target Year Close Price Target Price Mean Currency Target Price # of Estimates
CQP Cheniere Energy Partners LP 2017 32.240000 36.0000 USD 3
NG Novagold Resources Inc 2017 4.510000 8.0000 CAD 2
MAG MAG Silver Corp 2017 13.230000 25.0226 CAD 9
TXMD TherapeuticsMD Inc 2017 5.150000 24.0000 USD 2
PARR Par Pacific Holdings Inc 2017 16.300000 23.0000 USD 1
KLDX Klondex Mines Ltd 2017 3.640000 7.2222 CAD 9
REI Ring Energy Inc 2017 12.190000 16.7500 USD 2
ESTE Earthstone Energy Inc 2017 13.780000 18.0000 USD 2
BRG Bluerock Residential Growth REIT Inc 2017 12.510000 16.0000 USD 3
MTNB Matinas BioPharma Holdings Inc 2017 2.950000 7.0000 USD 2
PLG Platinum Group Metals Ltd 2017 1.530000 5.0000 CAD 1
OCX OncoCyte Corp 2017 5.923100 10.0000 USD 1
AST Asterias Biotherapeutics Inc 2017 3.100000 12.0000 USD 1
UUUU Energy Fuels Inc 2017 2.110000 6.4089 CAD 1
DLA Delta Apparel Inc 2017 17.650000 26.0000 USD 1
GDP Goodrich Petroleum Corp 2017 15.180000 23.0000 USD 1
PLX Protalix BioTherapeutics Inc 2017 1.050000 5.0000 USD 1
USAPF Americas Silver Corp 2017 3.190000 8.5000 CAD 2
VISI Volt Information Sciences Inc 2017 5.950000 14.0000 USD 1
AINC Ashford Inc 2017 59.000000 65.0000 USD 1
UFAB Unique Fabricating Inc 2017 11.150000 17.0000 USD 1
VNRX VolitionRX Ltd 2017 3.760000 8.5000 USD 2
PTN Palatin Technologies Inc 2018 0.345300 3.7500 USD 2
JOB GEE Group Inc 2017 6.000000 10.0000 USD 1
SYN Synthetic Biologics Inc 2017 0.500600 7.0000 USD 1

Let’s look at a few companies…

Lets look at a couple of the companies on this list to get a better understanding of them.

NG:ASE Novagold Resources

http://www.novagold.com
Novagold Resources has 13 employees and is headquartered in United States.
Novagold Resources Inc is a mineral exploration company operating in the gold mining industry, focused on advancing permitting of the Donlin Gold project in Alaska. The Company also has interest in the Galore Creek project in British Columbia, Canada.

ESTE:ASE Earthstone Energy

http://www.earthstoneenergy.com
Earthstone Energy has 49 employees and is headquartered in United States.
Earthstone Energy Inc is an oil & gas exploration & production company engaged in acquisition, development, exploration and production of onshore, unconventional reserves on Eagle Ford trend, Midland Basin and Williston Basin.

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The content presented here is in part from the website stockcalc.com and is provided on an as is or as available basis with all faults and may not be current in all cases. You should not rely on any of the information as authoritative or as a substitute for the exercise of your own skill and judgment in making an investment decision.