{"id":6180,"date":"2018-12-14T08:26:02","date_gmt":"2018-12-14T13:26:02","guid":{"rendered":"https:\/\/www.stockcalc.com\/blog\/BrianD\/?p=6180"},"modified":"2018-12-14T08:26:02","modified_gmt":"2018-12-14T13:26:02","slug":"essa-pharma-epitsx-and-growmax-resources-boetsx-trading-at-less-than-cash-value","status":"publish","type":"post","link":"https:\/\/www.stockcalc.com\/blog\/BrianD\/2018\/12\/14\/essa-pharma-epitsx-and-growmax-resources-boetsx-trading-at-less-than-cash-value\/","title":{"rendered":"ESSA Pharma (EPI:TSX) and GrowMax Resources (BOE:TSX) Trading at Less than Cash Value"},"content":{"rendered":"

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Have a free look inside the StockCalc website at www.stockcalc.com<\/a><\/p>\n

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

Trading at Less than Cash Value<\/h4>\n

Today we are looking at companies trading at less than cash value<\/strong> 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.<\/p>\n

What this Means…<\/h5>\n

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.<\/p>\n

Today’s Data on TSX<\/h4>\n

Today’s data is for companies listed on the TSX Venture Exchange<\/strong>.<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Symbol<\/th>\nName<\/th>\nClose Price<\/th>\nShares Outstanding<\/th>\nP\/E<\/th>\nP\/B<\/th>\nCash per Share<\/th>\nNet Cash per Share<\/th>\n<\/tr>\n
EPI<\/td>\nESSA Pharma Inc<\/td>\n3.100000<\/td>\n5776098<\/td>\nNone<\/td>\n1.2234<\/td>\n3.13<\/td>\n1.93<\/td>\n<\/tr>\n
BOE<\/td>\nGrowMax Resources Corp<\/td>\n0.080000<\/td>\n213925645<\/td>\nNone<\/td>\n0.2208<\/td>\n0.15<\/td>\n0.26<\/td>\n<\/tr>\n
GMN<\/td>\nGobiMin Inc<\/td>\n0.290000<\/td>\n49992482<\/td>\nNone<\/td>\n0.1439<\/td>\n0.33<\/td>\n0.34<\/td>\n<\/tr>\n
DMGI<\/td>\nDMG Blockchain Solutions Inc<\/td>\n0.150000<\/td>\n100922558<\/td>\nNone<\/td>\n0.3734<\/td>\n0.18<\/td>\n0.05<\/td>\n<\/tr>\n
FORT<\/td>\nFortress Blockchain Corp<\/td>\n0.125000<\/td>\n71177984<\/td>\nNone<\/td>\n0.4334<\/td>\n0.15<\/td>\nNone<\/td>\n<\/tr>\n
BAT<\/td>\nBatero Gold Corp<\/td>\n0.065000<\/td>\n115182383<\/td>\nNone<\/td>\n0.3890<\/td>\n0.08<\/td>\nNone<\/td>\n<\/tr>\n
NIR<\/td>\nNoble Iron Inc<\/td>\n0.270000<\/td>\n27267479<\/td>\nNone<\/td>\n0.8056<\/td>\n0.29<\/td>\n0.42<\/td>\n<\/tr>\n
ACE.H<\/td>\nACE Aviation Holdings Inc<\/td>\n0.190000<\/td>\n32475000<\/td>\nNone<\/td>\nNone<\/td>\n0.35<\/td>\n2.19<\/td>\n<\/tr>\n
LND<\/td>\nInspira Financial Inc<\/td>\n0.110000<\/td>\n45841454<\/td>\nNone<\/td>\n0.4453<\/td>\n0.19<\/td>\n0.19<\/td>\n<\/tr>\n
LBY<\/td>\nLiberty One Lithium Corp<\/td>\n0.070000<\/td>\n66628333<\/td>\nNone<\/td>\n0.5224<\/td>\n0.12<\/td>\n0.06<\/td>\n<\/tr>\n
GLW<\/td>\nGalway Gold Inc<\/td>\n0.120000<\/td>\n41627979<\/td>\nNone<\/td>\n0.5585<\/td>\n0.16<\/td>\nNone<\/td>\n<\/tr>\n
AET<\/td>\nAethon Minerals Corp<\/td>\n0.155000<\/td>\n27633333<\/td>\nNone<\/td>\n0.3511<\/td>\n0.19<\/td>\nNone<\/td>\n<\/tr>\n
CZQ.H<\/td>\nContinental Precious Minerals Inc<\/td>\n0.350000<\/td>\n11706896<\/td>\nNone<\/td>\n0.7821<\/td>\n0.45<\/td>\nNone<\/td>\n<\/tr>\n
ICL<\/td>\nItasca Capital Ltd<\/td>\n0.170000<\/td>\n21810626<\/td>\n0.6071<\/td>\n0.1561<\/td>\n0.63<\/td>\nNone<\/td>\n<\/tr>\n
NOL.H<\/td>\nKnol Resources Corp<\/td>\n0.060000<\/td>\n55696470<\/td>\nNone<\/td>\n0.9684<\/td>\n0.06<\/td>\n1.43<\/td>\n<\/tr>\n
HOC<\/td>\nHunter Oil Corp<\/td>\n0.220000<\/td>\n13260871<\/td>\nNone<\/td>\n1.0363<\/td>\n0.30<\/td>\n0.28<\/td>\n<\/tr>\n
RRR.UN<\/td>\nR&R Real Estate Investment Trust<\/td>\n0.080000<\/td>\n32394304<\/td>\nNone<\/td>\n0.1082<\/td>\n0.21<\/td>\n-1.00<\/td>\n<\/tr>\n
CBV<\/td>\nCobra Venture Corp<\/td>\n0.085000<\/td>\n15903748<\/td>\nNone<\/td>\n0.4177<\/td>\n0.14<\/td>\n-0.01<\/td>\n<\/tr>\n
ZCC.H<\/td>\nZena Mining Corp<\/td>\n0.055000<\/td>\n24293604<\/td>\nNone<\/td>\n0.6307<\/td>\n0.07<\/td>\n0.07<\/td>\n<\/tr>\n
ITG<\/td>\nIntact Gold Corp<\/td>\n0.060000<\/td>\n18182651<\/td>\nNone<\/td>\n0.5105<\/td>\n0.10<\/td>\n0.10<\/td>\n<\/tr>\n
BFF<\/td>\nNevada Energy Metals Inc<\/td>\n0.125000<\/td>\n5739153<\/td>\n1.4045<\/td>\n0.4680<\/td>\n0.22<\/td>\nNone<\/td>\n<\/tr>\n
FCO<\/td>\nFabled Copper Corp<\/td>\n0.085000<\/td>\n1435331<\/td>\nNone<\/td>\n1.2303<\/td>\n0.12<\/td>\nNone<\/td>\n<\/tr>\n
FAU.H<\/td>\nFire River Gold Corp.<\/td>\n0.090000<\/td>\n3161570<\/td>\nNone<\/td>\nNone<\/td>\n0.10<\/td>\n0.00<\/td>\n<\/tr>\n
BCO.H<\/td>\nBritish Controlled Oilfields Ltd<\/td>\n0.650000<\/td>\n4068563<\/td>\nNone<\/td>\nNone<\/td>\n0.85<\/td>\nNone<\/td>\n<\/tr>\n
AIMB.P.DL<\/td>\nAIM2 Ventures Inc<\/td>\n0.155000<\/td>\n361382<\/td>\nNone<\/td>\nNone<\/td>\n2.08<\/td>\nNone<\/td>\n<\/tr>\n<\/table>\n

Let’s look at a few companies…<\/h4>\n

Lets look at a couple of the companies on this list to get a better understanding of them.<\/p>\n

EPI:TSX ESSA Pharma<\/h6>\n

http:\/\/www.essapharmaceuticals.com<\/a>
\nESSA Pharma has 15 employees and is headquartered in Canada.
\nESSA Pharma Inc is a pharmaceutical company. The company is in preclinical stage, focused on the development of small molecule drugs for the treatment of castration-resistant prostate cancer.<\/p>\n

BOE:TSX GrowMax Resources<\/h6>\n

http:\/\/www.growmaxcorp.com<\/a>
\nGrowMax Resources has 67 employees and is headquartered in Canada.
\nGrowMax 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.<\/p>\n

Free Valuation<\/h4>\n

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The content presented here is in part from the website stockcalc.com<\/a> and is provided on an as is<\/strong> or as available<\/strong> 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.<\/em><\/p>\n

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