{"id":6683,"date":"2019-02-21T08:24:16","date_gmt":"2019-02-21T13:24:16","guid":{"rendered":"https:\/\/www.stockcalc.com\/blog\/BrianD\/?p=6683"},"modified":"2019-02-21T08:24:16","modified_gmt":"2019-02-21T13:24:16","slug":"nemaska-lithium-nmxtse-and-sherritt-international-stse-trading-at-less-than-cash-value","status":"publish","type":"post","link":"https:\/\/www.stockcalc.com\/blog\/BrianD\/2019\/02\/21\/nemaska-lithium-nmxtse-and-sherritt-international-stse-trading-at-less-than-cash-value\/","title":{"rendered":"Nemaska Lithium (NMX:TSE) and Sherritt International (S:TSE) Trading at Less than Cash Value"},"content":{"rendered":"

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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 TSE<\/h4>\n

Today’s data is for companies listed on the Toronto Stock Exchange<\/strong>.<\/p>\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
KML<\/td>\nKinder Morgan Canada Ltd<\/td>\n14.970000<\/td>\n116298813<\/td>\n13.1316<\/td>\n1.3188<\/td>\n37.40<\/td>\n-0.17<\/td>\n<\/tr>\n
CF<\/td>\nCanaccord Genuity Group Inc<\/td>\n6.460000<\/td>\n114857175<\/td>\n19.0000<\/td>\n1.1712<\/td>\n8.10<\/td>\n6.28<\/td>\n<\/tr>\n
NMX<\/td>\nNemaska Lithium Inc<\/td>\n0.310000<\/td>\n847134338<\/td>\nNone<\/td>\n0.4419<\/td>\n0.43<\/td>\n-0.25<\/td>\n<\/tr>\n
TRZ<\/td>\nTransat A.T. Inc<\/td>\n5.450000<\/td>\n37583687<\/td>\n54.5000<\/td>\n0.3417<\/td>\n15.80<\/td>\n13.71<\/td>\n<\/tr>\n
GMP<\/td>\nGMP Capital Inc<\/td>\n2.740000<\/td>\n72721000<\/td>\n19.5714<\/td>\n1.0852<\/td>\n6.79<\/td>\n6.39<\/td>\n<\/tr>\n
S<\/td>\nSherritt International Corp<\/td>\n0.450000<\/td>\n397281686<\/td>\n0.2390<\/td>\n0.1581<\/td>\n0.52<\/td>\n-1.26<\/td>\n<\/tr>\n
SCB<\/td>\nStreet Capital Group Inc<\/td>\n0.580000<\/td>\n122184000<\/td>\n39.3300<\/td>\n0.5071<\/td>\n0.63<\/td>\n0.60<\/td>\n<\/tr>\n
FGE<\/td>\nFortress Global Enterprises Inc<\/td>\n1.400000<\/td>\n14949895<\/td>\nNone<\/td>\n0.1927<\/td>\n1.68<\/td>\n-12.34<\/td>\n<\/tr>\n
CQE<\/td>\nCequence Energy Ltd<\/td>\n0.520000<\/td>\n24552788<\/td>\n0.3367<\/td>\n0.0818<\/td>\n0.55<\/td>\n-1.90<\/td>\n<\/tr>\n
KRN<\/td>\nKarnalyte Resources Inc<\/td>\n0.220000<\/td>\n42174282<\/td>\nNone<\/td>\n0.6326<\/td>\n0.22<\/td>\n0.60<\/td>\n<\/tr>\n
EGL<\/td>\nEagle Energy Inc<\/td>\n0.050000<\/td>\n44244000<\/td>\nNone<\/td>\n0.0278<\/td>\n0.17<\/td>\n-0.66<\/td>\n<\/tr>\n
NKO<\/td>\nNiko Resources Ltd<\/td>\n0.015000<\/td>\n94049967<\/td>\nNone<\/td>\nNone<\/td>\n0.05<\/td>\n-2.15<\/td>\n<\/tr>\n
FTU<\/td>\nUS Financial 15 Split Corp<\/td>\n0.480000<\/td>\n1904884<\/td>\nNone<\/td>\nNone<\/td>\n1.20<\/td>\nNone<\/td>\n<\/tr>\n
MNS<\/td>\nRoyal Canadian Mint<\/td>\n12.440000<\/td>\n4000<\/td>\nNone<\/td>\nNone<\/td>\n23651.75<\/td>\n11260.75<\/td>\n<\/tr>\n
MNT<\/td>\nRoyal Canadian Mint<\/td>\n18.600000<\/td>\n4000<\/td>\nNone<\/td>\nNone<\/td>\n23651.75<\/td>\n11260.75<\/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

NMX:TSE Nemaska Lithium<\/h6>\n

http:\/\/www.nemaskalithium.com<\/a>
\nNemaska Lithium has 83 employees and is headquartered in Canada.
\nNemaska Lithium Inc is an exploration stage lithium mining company in Quebec, Canada. It supplies lithium hydroxide and lithium carbonate to the lithium battery industry used in electric vehicles, cell phones, tablets and other consumer products.<\/p>\n

S:TSE Sherritt International<\/h6>\n

http:\/\/www.sherritt.com<\/a>
\nSherritt International has 6963 employees and is headquartered in Canada.
\nSherritt International Corp is engaged in the mining and refining of nickel from lateritic ores with projects and operations in Canada, Cuba, and Madagascar.<\/p>\n

Free Valuation<\/h4>\n

Run a valuation on any of the companies listed above at www.stockcalc.com\/valureport.aspx<\/a> or subscribe at our Stockcalc Facebook Page to receive this list each day Stockcalc Reports<\/a>.<\/p>\n

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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