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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 |
|---|---|---|---|---|---|---|---|
| BOE | GrowMax Resources Corp | 0.085000 | 213925645 | None | 0.2346 | 0.15 | 0.26 |
| DMGI | DMG Blockchain Solutions Inc | 0.175000 | 100922558 | None | 0.4357 | 0.18 | 0.05 |
| KTR | Kintavar Exploration Inc | 0.115000 | 79224549 | None | 0.7779 | 0.12 | 0.12 |
| FORT | Fortress Blockchain Corp | 0.120000 | 71177984 | None | 16.3520 | 0.13 | None |
| LBY | Liberty One Lithium Corp | 0.110000 | 66628333 | None | 0.7493 | 0.13 | 0.06 |
| NIR | Noble Iron Inc | 0.250000 | 27267479 | None | 0.6999 | 0.33 | 0.42 |
| ACE.H | ACE Aviation Holdings Inc | 0.190000 | 32475000 | None | None | 0.35 | 2.19 |
| ICL | Itasca Capital Ltd | 0.270000 | 21810626 | 0.9643 | 0.2479 | 0.63 | None |
| LND | Inspira Financial Inc | 0.125000 | 45841454 | None | 0.5061 | 0.19 | 0.19 |
| AET | Aethon Minerals Corp | 0.180000 | 27633333 | None | 0.4077 | 0.19 | None |
| GLW | Galway Gold Inc | 0.110000 | 41627979 | None | 0.4946 | 0.17 | None |
| CZQ.H | Continental Precious Minerals Inc | 0.350000 | 11706896 | None | 0.7821 | 0.45 | None |
| VIPR | Silver Viper Minerals Corp | 0.070000 | 42710301 | None | 0.8177 | 0.07 | None |
| SOG | Strategic Oil & Gas Ltd | 0.070000 | 46421000 | None | 0.2318 | 0.08 | -2.17 |
| BITK | BlockchainK2 Corp | 0.210000 | 15901625 | None | 0.8763 | 0.24 | 0.00 |
| TLK | Frankly Inc | 1.050000 | 2656917 | None | None | 1.09 | -6.70 |
| CXA.H | Consolidated HCI Holdings Corp | 0.125000 | 20575866 | None | 0.4438 | 0.27 | 0.38 |
| RRR.UN | R&R Real Estate Investment Trust | 0.080000 | 31804795 | None | 0.1821 | 0.29 | -0.41 |
| CBV | Cobra Venture Corp | 0.090000 | 15903748 | None | 0.4423 | 0.14 | -0.01 |
| BFF | Nevada Energy Metals Inc | 0.150000 | 5739153 | 1.5306 | 0.4680 | 0.22 | None |
| AMR | AM Resources Corp | 0.155000 | 4147990 | 0.7750 | 0.2549 | 0.16 | -0.47 |
| FCO | Fabled Copper Corp | 0.085000 | 1435331 | None | 1.2303 | 0.12 | None |
| FAU.H | Fire River Gold Corp. | 0.090000 | 3161570 | None | None | 0.10 | 0.00 |
| AIMB.P.DL | AIM2 Ventures Inc | 0.155000 | 361382 | None | None | 2.08 | None |
| 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.
DMGI:TSX DMG Blockchain Solutions
https://www.dmgblockchain.com
DMG Blockchain Solutions has None employees and is headquartered in Canada.
DMG Blockchain Solutions Inc is a diversified blockchain and cryptocurrency company that manages, operates and develops end-to-end digital solutions to monetize the blockchain ecosystem.
KTR:TSX Kintavar Exploration
http://www.kintavar.com
Kintavar Exploration has None employees and is headquartered in Canada.
Kintavar Exploration Inc is a Canada based natural resource corporation, which is principally engaged in the exploration and development of precious metal and base metals properties located in Quebec with access to infrastructure.
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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.