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 2.430000 12980027 None 0.9498 2.56 2.13
KGF King George Financial Corp 0.560000 39556460 2.0741 0.6112 0.59 0.59
BOE GrowMax Resources Corp 0.100000 213925645 None 0.2502 0.22 0.26
BAT Batero Gold Corp 0.085000 115182383 None 0.4484 0.11 None
EUO Eurocontrol Technics Group Inc 0.095000 91750238 None 0.5070 0.10 0.02
FRK Front Range Resources Ltd 0.130000 54855063 None 0.1891 0.25 None
ECC Ethos Gold Corp 0.150000 47335381 None 0.9313 0.16 None
IGP Imperial Ginseng Products Ltd 0.920000 7209847 8.3636 0.2918 1.47 1.13
ACE.H ACE Aviation Holdings Inc 0.195000 32475000 6.6667 0.0486 0.35 2.19
BSR Bluestone Resources Inc 1.350000 4262954 None 0.0706 8.68 8.67
BSR Bluestone Resources Inc 1.350000 4262954 None 0.0706 8.68 8.67
EEL Esrey Energy Ltd 0.130000 39762771 None 0.5512 0.16 0.17
RRR.UN R&R Real Estate Investment Trust 0.160000 31804795 None 1.7454 0.25 0.09
MBG Malbex Resources Inc 0.330000 14654730 None 0.9111 0.37 0.46
CZQ.H Continental Precious Minerals Inc 0.320000 11706896 None 0.6401 0.48 None
BCO.H British Controlled Oilfields Ltd 0.650000 4068563 None None 0.85 None
CBV Cobra Venture Corp 0.120000 15903748 None 0.5145 0.16 -0.01
POC Pacific Iron Ore Corp 0.155000 6737858 None 0.3707 0.18 0.13
LSC LSC Lithium Corp 1.350000 615385 None 0.0138 42.88 None
LSC LSC Lithium Corp 1.350000 615385 None 0.0138 42.88 None
FBR.H Fibre-Crown Manufacturing Inc 0.095000 7107764 4.7500 0.7578 0.11 0.15
WAS.H Watusi Capital Corp 0.105000 4000000 None 0.8616 0.12 None
CVB.H Compass Gold Corp 0.065000 3805078 None None 0.10 0.07
LEQ.H Leo Acquisitions Corp 0.070000 2921357 None 0.9254 0.09 None

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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