Alamos Gold (AGI.WT:TSX) and Automodular (AM.H:TSX) Trading at Less than Cash Value

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Trading at Less than Cash Value

Today we are looking at companies trading at less than cash value meaning companies whose current share price is less than the cash per share on the balance sheet. We also show the value of cash net debt per share to show how much cash per share would be left if the debt was paid off.

What this Means…

Companies can have more cash per share than the actual share price for a number of reasons including they just raised capital, are in industries that experience high burn rates and will eat through the cash quickly or if there is a lot of uncertainty about the future of the company. Companies earning a positive net income will have a P/E greater than 0 and are worth exploring in more detail.

Today’s Data on TSX

Today’s data is for companies listed on the TSX Venture Exchange.

Symbol Name Close Price Shares Outstanding P/E P/B Cash per Share Net Cash per Share
AGI.WT Alamos Gold Inc 1.010000 299137326 None None 1.60 0.59
AM.H Automodular Corp 2.440000 12980027 None 0.9253 2.60 2.13
BOE GrowMax Resources Corp 0.115000 215506645 None 0.3556 0.20 0.26
KGF King George Financial Corp 0.550000 39556460 2.0370 0.7646 0.59 0.59
ALV Alvopetro Energy Ltd 0.170000 85166871 None 0.2242 0.21 None
BAT Batero Gold Corp 0.090000 115182383 None 0.5568 0.11 None
FRK Front Range Resources Ltd 0.165000 54855063 None 0.5675 0.48 None
AEN Antrim Energy Inc 0.045000 184731076 None 0.7322 0.05 -0.10
ACE.H ACE Aviation Holdings Inc 0.200000 32475000 6.8333 0.0498 0.35 2.19
IGP Imperial Ginseng Products Ltd 0.860000 7209847 10.1667 0.2276 1.42 1.04
MBG Malbex Resources Inc 0.370000 14654730 None 1.0826 0.37 0.46
FBX First Bauxite Corp 0.045000 117563172 None None 0.07 -0.22
EEL Esrey Energy Ltd 0.120000 39762771 None 0.4265 0.17 0.17
NOL.H Knol Resources Corp 0.060000 55696470 None 0.9494 0.08 1.43
AVT Alloycorp Mining Inc 0.045000 74009171 None None 0.06 -2.12
MDNA Medicenna Therapeutics Corp 2.450000 1160721 None 3.6805 4.47 None
BCO.H British Controlled Oilfields Ltd 0.650000 4068563 None None 0.85 None
CBV Cobra Venture Corp 0.140000 15903748 None 0.5081 0.16 -0.01
LHR Lakeview Hotel Investment Corp 0.080000 19557806 None None 0.18 -3.90
POC Pacific Iron Ore Corp 0.155000 6737858 None 0.4571 0.19 0.13
LSC LSC Lithium Corp 1.260000 615385 None 14.8354 42.88 None
IVC Interconnect Ventures Corp 0.070000 9711901 None 0.6855 0.08 None
YVI Yorkton Ventures Inc 0.075000 9000000 None 1.2831 0.08 0.06
WAS.H Watusi Capital Corp 0.115000 4000000 None 0.8304 0.13 None
PPV.H P&P Ventures Inc 0.045000 4939997 None 0.1568 0.09 -0.05

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.

AGI.WT:TSX Alamos Gold
Alamos Gold has 1300 employees and is headquartered in Canada.
Alamos Gold Inc is engaged in the exploration, mine development and extraction of precious metals. It owns and operates the Mulatos mine and holds the mineral rights to the Salamandra group of concessions in the State of Sonora, Mexico.

AM.H:TSX Automodular
Automodular has 525 employees and is headquartered in Canada.
Automodular Corp is engaged in sequencing and sub-assembly of modules that are installed in equipment assembled by North American Original Equipment Manufacturers at plants in Canada. Its offerings include instrument panel, power pack and rear suspension.

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