Chesapeake Gold (CKG:TSX) and Blackline Safety (BLN: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
GSV Gold Standard Ventures Corp 2017 2.200000 3.7000 CAD 2
SRX Storm Resources Ltd 2017 3.880000 5.7100 CAD 10
MJN Cronos Group Inc 2017 2.200000 3.7600 CAD 5
CKG Chesapeake Gold Corp 2017 3.300000 6.0000 CAD 1
BLN Blackline Safety Corp 2018 3.800000 6.3750 CAD 2
AT AcuityAds Holdings Inc 2017 4.210000 6.6125 CAD 4
MPH Medicure Inc 2017 8.330000 13.6000 CAD 3
FIL Filo Mining Corp 2017 2.100000 3.6000 CAD 1
EMC Emblem Corp 2017 1.740000 3.3875 CAD 4
SOG Strategic Oil & Gas Ltd 2017 2.140000 4.0000 CAD 1
POE Pan Orient Energy Corp 2017 1.730000 3.4000 CAD 1
FCF Founders Advantage Capital Corp 2017 2.600000 4.5625 CAD 4
THCX The Hydropothecary Corp 2018 1.250000 3.8500 CAD 2
SIL SilverCrest Metals Inc 2017 1.740000 3.2500 CAD 1
LTE Lite Access Technologies Inc 2018 1.950000 4.0000 CAD 1
M Mosaic Capital Corp 2017 7.000000 10.8750 CAD 4
ABCN ABcann Global Corp 2017 0.910000 2.4000 CAD 1
PRN Profound Medical Corp 2017 1.020000 3.5500 CAD 3
EGT Eguana Technologies Inc 2018 0.225000 2.0000 CAD 1
CBX Cortex Business Solutions Inc 2018 3.800000 7.0000 CAD 4
GFG GFG Resources Inc 2018 0.560000 2.1000 CAD 1
ACST Acasti Pharma Inc 2018 1.600000 10.0000 CAD 1
KBLT Cobalt 27 Capital Corp 2018 9.340000 11.5000 CAD 2
RP RepliCel Life Sciences Inc 2017 0.490000 3.5000 CAD 1
BSR Bluestone Resources Inc 2017 1.550000 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.

CKG:TSX Chesapeake Gold

http://www.chesapeakegold.com
Chesapeake Gold has 30 employees and is headquartered in Canada.
Chesapeake Gold Corp is a mining company. It is engaged in the exploration, development and recovery of precious metals. The company’s properties are located at Mexico, United States and Guatemala.

BLN:TSX Blackline Safety

http://www.blacklinesafety.com
Blackline Safety has None employees and is headquartered in Canada.
Blackline Safety Corp is engaged in designing, manufacturing, and selling of products and services that combine wireless technology and GPS to protect people and property and provide geographic connectivity.

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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.