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

Stockcalc – Free Trial

Have a free look inside the StockCalc website at www.stockcalc.com

I have used the analysis tools on the website stockcalc.com to generate some of the content of this blog post. These tools and reports are available for free at www.stockcalc.com/TopPicks.aspx.

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
WED Westaim Corp 2018 2.980000 4.3833 CAD 3
LXE Leucrotta Exploration Inc 2018 1.570000 2.8633 CAD 15
OGI OrganiGram Holdings Inc 2018 2.760000 4.0333 CAD 3
KBLT Cobalt 27 Capital Corp 2018 9.400000 11.5000 CAD 5
BUS Grande West Transportation Group Inc 2018 2.760000 4.3250 CAD 2
CKG Chesapeake Gold Corp 2018 3.880000 6.0000 CAD 1
BLN Blackline Safety Corp 2018 4.400000 6.8333 CAD 3
MPH Medicure Inc 2018 8.150000 11.7500 CAD 3
ICC ICC International Cannabis Corp 2018 0.990000 2.5000 CAD 1
FCF Founders Advantage Capital Corp 2018 2.500000 3.8000 CAD 5
LTE Lite Access Technologies Inc 2018 1.600000 4.0000 CAD 1
SOG Strategic Oil & Gas Ltd 2018 1.600000 3.2500 CAD 1
M Mosaic Capital Corp 2018 7.150000 8.7500 CAD 4
AT AcuityAds Holdings Inc 2018 2.100000 4.1875 CAD 4
POE Pan Orient Energy Corp 2018 1.110000 3.2500 CAD 1
SIL SilverCrest Metals Inc 2018 1.310000 3.2500 CAD 1
PRN Profound Medical Corp 2018 0.850000 2.6333 CAD 3
WOW.A Wow Unlimited Media Inc 2018 1.660000 3.1500 CAD 1
CBX Cortex Business Solutions Inc 2018 4.070000 5.8750 CAD 2
GFG GFG Resources Inc 2018 0.650000 2.1000 CAD 1
VIV Avivagen Inc 2018 1.000000 3.0000 CAD 1
RZE Razor Energy Corp 2018 1.600000 2.8750 CAD 2
ACST Acasti Pharma Inc 2018 1.660000 10.0000 CAD 1
RP RepliCel Life Sciences Inc 2018 0.460000 3.5000 CAD 1
BSR Bluestone Resources Inc 2018 1.250000 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.

Free Valuation

Run a valuation on any of the companies listed above at www.stockcalc.com/valureport.aspx or subscribe at our Stockcalc Facebook Page to receive this list each day Stockcalc Reports.

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.