{"id":6649,"date":"2019-02-15T08:21:10","date_gmt":"2019-02-15T13:21:10","guid":{"rendered":"https:\/\/www.stockcalc.com\/blog\/BrianD\/?p=6649"},"modified":"2019-02-15T08:21:10","modified_gmt":"2019-02-15T13:21:10","slug":"fortress-blockchain-forttsx-and-ace-aviation-holdings-ace-htsx-trading-at-less-than-cash-value-2","status":"publish","type":"post","link":"https:\/\/www.stockcalc.com\/blog\/BrianD\/2019\/02\/15\/fortress-blockchain-forttsx-and-ace-aviation-holdings-ace-htsx-trading-at-less-than-cash-value-2\/","title":{"rendered":"Fortress Blockchain (FORT:TSX) and ACE Aviation Holdings (ACE.H:TSX) Trading at Less than Cash Value"},"content":{"rendered":"

Stockcalc – Free Trial<\/h4>\n

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
DMGI<\/td>\nDMG Blockchain Solutions Inc<\/td>\n0.180000<\/td>\n100922558<\/td>\nNone<\/td>\n0.4481<\/td>\n0.18<\/td>\n0.05<\/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
CLH<\/td>\nCoral Gold Resources Ltd<\/td>\n0.350000<\/td>\n48598537<\/td>\n18.9292<\/td>\n0.7515<\/td>\n0.38<\/td>\n0.03<\/td>\n<\/tr>\n
GMN<\/td>\nGobiMin Inc<\/td>\n0.250000<\/td>\n49992482<\/td>\nNone<\/td>\n0.1255<\/td>\n0.33<\/td>\n0.34<\/td>\n<\/tr>\n
FORT<\/td>\nFortress Blockchain Corp<\/td>\n0.120000<\/td>\n71177984<\/td>\nNone<\/td>\n0.4160<\/td>\n0.15<\/td>\nNone<\/td>\n<\/tr>\n
ACE.H<\/td>\nACE Aviation Holdings Inc<\/td>\n0.180000<\/td>\n32475000<\/td>\nNone<\/td>\nNone<\/td>\n0.35<\/td>\n2.19<\/td>\n<\/tr>\n
LND<\/td>\nInspira Financial Inc<\/td>\n0.125000<\/td>\n45841454<\/td>\nNone<\/td>\n0.4962<\/td>\n0.20<\/td>\n0.20<\/td>\n<\/tr>\n
GLW<\/td>\nGalway Gold Inc<\/td>\n0.135000<\/td>\n41627979<\/td>\nNone<\/td>\n0.6353<\/td>\n0.16<\/td>\nNone<\/td>\n<\/tr>\n
ICL<\/td>\nItasca Capital Ltd<\/td>\n0.230000<\/td>\n21810626<\/td>\n0.8214<\/td>\n0.2112<\/td>\n0.63<\/td>\nNone<\/td>\n<\/tr>\n
CZQ.H<\/td>\nContinental Precious Minerals Inc<\/td>\n0.355000<\/td>\n11706896<\/td>\nNone<\/td>\n0.8037<\/td>\n0.44<\/td>\nNone<\/td>\n<\/tr>\n
RRR.UN<\/td>\nR&R Real Estate Investment Trust<\/td>\n0.120000<\/td>\n32394304<\/td>\nNone<\/td>\n0.1641<\/td>\n0.21<\/td>\n-1.00<\/td>\n<\/tr>\n
AET<\/td>\nAethon Minerals Corp<\/td>\n0.140000<\/td>\n27633333<\/td>\nNone<\/td>\n0.3171<\/td>\n0.19<\/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
SAT<\/td>\nAsian Television Network International Ltd<\/td>\n0.130000<\/td>\n24402914<\/td>\nNone<\/td>\n0.5081<\/td>\n0.14<\/td>\n0.13<\/td>\n<\/tr>\n
BITK<\/td>\nBlockchainK2 Corp<\/td>\n0.185000<\/td>\n15901625<\/td>\nNone<\/td>\n0.8289<\/td>\n0.23<\/td>\n0.00<\/td>\n<\/tr>\n
HOC<\/td>\nHunter Oil Corp<\/td>\n0.200000<\/td>\n13260871<\/td>\nNone<\/td>\n0.9526<\/td>\n0.30<\/td>\n0.28<\/td>\n<\/tr>\n
CBV<\/td>\nCobra Venture Corp<\/td>\n0.100000<\/td>\n15903748<\/td>\nNone<\/td>\n0.4914<\/td>\n0.14<\/td>\n-0.01<\/td>\n<\/tr>\n
TRU.H<\/td>\nTrius Investments Inc<\/td>\n0.140000<\/td>\n11270841<\/td>\nNone<\/td>\n1.0189<\/td>\n0.14<\/td>\n0.06<\/td>\n<\/tr>\n
ITG<\/td>\nIntact Gold Corp<\/td>\n0.075000<\/td>\n18182651<\/td>\nNone<\/td>\n0.6381<\/td>\n0.10<\/td>\n0.10<\/td>\n<\/tr>\n
TLK<\/td>\nFrankly Inc<\/td>\n0.395000<\/td>\n2656917<\/td>\nNone<\/td>\nNone<\/td>\n1.09<\/td>\n-6.70<\/td>\n<\/tr>\n
VIC.P<\/td>\nVictory Capital Corp<\/td>\n0.100000<\/td>\n5088750<\/td>\nNone<\/td>\n0.8437<\/td>\n0.12<\/td>\nNone<\/td>\n<\/tr>\n
POC<\/td>\nPacific Iron Ore Corp<\/td>\n0.075000<\/td>\n6737858<\/td>\nNone<\/td>\n0.2297<\/td>\n0.08<\/td>\n0.13<\/td>\n<\/tr>\n
FCO<\/td>\nFabled Copper Corp<\/td>\n0.060000<\/td>\n1435331<\/td>\nNone<\/td>\n0.8685<\/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<\/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

FORT:TSX Fortress Blockchain<\/h6>\n

http:\/\/www.fortressblockchain.io<\/a>
\nFortress Blockchain has None employees and is headquartered in Canada.
\nFocused Capital II Corp is a capital pool company.<\/p>\n

ACE.H:TSX ACE Aviation Holdings<\/h6>\n

http:\/\/www.aceaviation.com<\/a>
\nACE Aviation Holdings has 1 employees and is headquartered in Canada.
\nACE Aviation Holdings Inc is an investment company that helds aviation interests.<\/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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