Coral Gold Resources (CLH:TSX) and Itasca Capital (ICL: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
GLXY Galaxy Digital Holdings Ltd 1.870000 61125313 0.6293 0.3950 3.63 None
BOE GrowMax Resources Corp 0.095000 213925645 None 0.2444 0.17 0.26
CLH Coral Gold Resources Ltd 0.355000 47438337 5.8152 0.8565 0.39 0.03
ICL Itasca Capital Ltd 0.475000 21810626 1.6964 0.4362 0.63 None
NIR Noble Iron Inc 0.315000 27417479 None 0.8819 0.33 0.42
BAT Batero Gold Corp 0.070000 115182383 None 0.4189 0.08 None
ECC Ethos Gold Corp 0.140000 47385381 None 0.9721 0.14 0.14
GLW Galway Gold Inc 0.145000 41627979 None 0.6636 0.17 None
ACE.H ACE Aviation Holdings Inc 0.185000 32475000 None None 0.35 2.19
LND Inspira Financial Inc 0.130000 45841454 None 0.5472 0.15 0.15
CUO Copper One Inc 0.125000 34190109 1.2500 0.8558 0.14 0.01
CZQ.H Continental Precious Minerals Inc 0.360000 11706896 None 0.7449 0.48 None
RRR.UN R&R Real Estate Investment Trust 0.085000 31804795 None 0.1969 0.29 -0.41
ZCC.H Zena Mining Corp 0.070000 24293604 None 0.7974 0.07 0.07
CBV Cobra Venture Corp 0.080000 15903748 None 0.3970 0.13 -0.01
PDQ Petrodorado Energy Ltd 0.045000 23274268 None 0.7218 0.05 None
BFF Nevada Energy Metals Inc 0.175000 4689153 0.8883 0.4164 0.31 None
LHR Lakeview Hotel Investment Corp 0.040000 19557806 None None 0.04 -3.44
POC Pacific Iron Ore Corp 0.080000 6737858 None 0.2326 0.10 0.13
IVC Interconnect Ventures Corp 0.040000 9711901 None 0.6297 0.06 None
PPV.H P&P Ventures Inc 0.055000 2469998 None 0.4038 0.14 -0.10
AVT Alloycorp Mining Inc 0.045000 74009171 None None 0.06 -2.12
FAU.H Fire River Gold Corp. 0.090000 3161570 None None 0.09 0.00
UC.H UC Resources Ltd 0.150000 29950364 None None 0.16 -0.01
BCO.H British Controlled Oilfields Ltd 0.650000 4068563 None None 0.85 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.

CLH:TSX Coral Gold Resources

http://www.coralgold.com
Coral Gold Resources has 1 employees and is headquartered in Canada.
Coral Gold Resources Ltd is a natural resource company engaged in the exploration & development of natural resource properties. Its properties are Norma Sass, Robertson Property, JDN Hilltop Crest and Eagle Claims.

ICL:TSX Itasca Capital

https://www.itasca-capital.com
Itasca Capital has 4 employees and is headquartered in Canada.
Itasca Capital Ltd is an investment company. The Company’s investment objective is high return investment opportunities in the natural resource sector.

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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.