GrowMax Resources (BOE:TSX) and Inspira Financial (LND: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
BOE GrowMax Resources Corp 0.085000 213925645 None 0.2346 0.15 0.26
DMGI DMG Blockchain Solutions Inc 0.180000 100922558 None 0.4481 0.18 0.05
CLH Coral Gold Resources Ltd 0.350000 48000000 18.9292 0.7515 0.39 0.03
GMN GobiMin Inc 0.250000 49992482 None 0.1256 0.33 0.34
FORT Fortress Blockchain Corp 0.120000 71177984 None 0.4160 0.15 None
LBY Liberty One Lithium Corp 0.120000 66628333 None 0.8956 0.12 0.06
BAT Batero Gold Corp 0.060000 115182383 None 0.3698 0.08 None
LND Inspira Financial Inc 0.135000 45841454 None 0.5359 0.20 0.20
ACE.H ACE Aviation Holdings Inc 0.180000 32475000 None None 0.35 2.19
ICL Itasca Capital Ltd 0.235000 21810626 0.8393 0.2158 0.63 None
GLW Galway Gold Inc 0.115000 41627979 None 0.5419 0.16 None
CZQ.H Continental Precious Minerals Inc 0.355000 11706896 None 0.8037 0.44 None
AET Aethon Minerals Corp 0.140000 27633333 None 0.3171 0.19 None
NOL.H Knol Resources Corp 0.060000 55696470 None 0.9684 0.06 1.43
RRR.UN R&R Real Estate Investment Trust 0.085000 32394304 None 0.1164 0.21 -1.00
BITK BlockchainK2 Corp 0.170000 15901625 None 0.7617 0.23 0.00
HOC Hunter Oil Corp 0.200000 13260871 None 0.9540 0.30 0.28
CBV Cobra Venture Corp 0.100000 15903748 None 0.4914 0.14 -0.01
ITG Intact Gold Corp 0.070000 18182651 None 0.5956 0.10 0.10
TLK Frankly Inc 0.395000 2656917 None None 1.09 -6.70
VIC.P Victory Capital Corp 0.100000 5088750 None 0.8437 0.12 None
POC Pacific Iron Ore Corp 0.075000 6737858 None 0.2297 0.08 0.13
FCO Fabled Copper Corp 0.070000 1435331 None 1.0132 0.12 None
FAU.H Fire River Gold Corp. 0.090000 3161570 None None 0.10 0.00
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.

BOE:TSX GrowMax Resources

http://www.growmaxcorp.com
GrowMax Resources has 67 employees and is headquartered in Canada.
GrowMax Resources Corp operates as a phosphate and potash mining company in Peru. It is involved in the exploration and development of phosphate and potassium-rich brine resources, and other minerals, as well as development of fertilizer projects.

LND:TSX Inspira Financial

http://www.inspirafin.ca
Inspira Financial has None employees and is headquartered in United States.
Inspira Financial Inc together with its subsidiaries provides financial services to healthcare providers and their patients in the United States.

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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.