Westaim (WED:TSX) and Leucrotta Exploration (LXE:TSX) Are Undervalued

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Undervalued Stocks on TSX

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 TSX

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

Symbol Name Target Year Close Price Target Price Mean Currency Target Price # of Estimates
SRX Storm Resources Ltd 2017 4.000000 6.0750 CAD 10
WED Westaim Corp 2017 3.110000 4.5333 CAD 3
LMC Leagold Mining Corp 2017 2.480000 5.7500 CAD 1
LXE Leucrotta Exploration Inc 2017 1.750000 3.3929 CAD 14
MJN Cronos Group Inc 2017 1.750000 3.9500 CAD 4
CKG Chesapeake Gold Corp 2017 3.250000 6.0000 CAD 1
AT AcuityAds Holdings Inc 2017 4.210000 6.0625 CAD 4
MPH Medicure Inc 2017 7.830000 12.2167 CAD 3
EMC Emblem Corp 2017 1.690000 3.6625 CAD 4
THCX The Hydropothecary Corp 2018 1.500000 3.8500 CAD 2
FCF Founders Advantage Capital Corp 2017 2.890000 4.5625 CAD 4
SOG Strategic Oil & Gas Ltd 2017 2.000000 4.0000 CAD 1
POE Pan Orient Energy Corp 2017 1.770000 3.4000 CAD 1
SIL SilverCrest Metals Inc 2017 1.840000 3.2500 CAD 1
M Mosaic Capital Corp 2017 7.850000 10.9167 CAD 3
LTE Lite Access Technologies Inc 2018 1.820000 4.0000 CAD 1
ABCN ABcann Global Corp 2017 0.960000 2.4000 CAD 1
PRN Profound Medical Corp 2017 0.900000 2.9667 CAD 3
TTR Titanium Transportation Group Inc 2017 1.100000 2.5625 CAD 4
CBX Cortex Business Solutions Inc 2018 4.100000 7.0000 CAD 4
GFG GFG Resources Inc 2018 0.700000 2.1000 CAD 1
ACST Acasti Pharma Inc 2018 1.690000 10.0000 CAD 1
AFCC Automotive Finco Corp 2018 2.500000 4.0000 CAD 1
RP RepliCel Life Sciences Inc 2017 0.750000 3.5000 CAD 1
BSR Bluestone Resources Inc 2017 1.670000 4.0000 CAD 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.

WED:TSX Westaim

Westaim has 8 employees and is headquartered in Canada.
Westaim Corp is a Canadian investment company engaged in providing long-term capital to businesses operating within the financial services industry. It provides its shareholders with capital appreciation and real wealth preservation.

LXE:TSX Leucrotta Exploration

Leucrotta Exploration has 17 employees and is headquartered in Canada.
Leucrotta Exploration Inc is engaged in the acquisition, development, exploration, and production of oil and natural gas reserves in northeastern British Columbia, Canada.

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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.