{"id":862,"date":"2017-02-16T07:01:17","date_gmt":"2017-02-16T12:01:17","guid":{"rendered":"https:\/\/www.stockcalc.com\/blog\/BrianD\/?p=862"},"modified":"2017-02-16T07:01:17","modified_gmt":"2017-02-16T12:01:17","slug":"zargon-oil-gas-zartse-and-mood-media-mmtse-trading-at-less-than-cash-value","status":"publish","type":"post","link":"https:\/\/www.stockcalc.com\/blog\/BrianD\/2017\/02\/16\/zargon-oil-gas-zartse-and-mood-media-mmtse-trading-at-less-than-cash-value\/","title":{"rendered":"Zargon Oil &amp; Gas (ZAR:TSE) and Mood Media (MM:TSE) Trading at Less than Cash Value"},"content":{"rendered":"<p style=\"text-align:justify\">I have used the analysis tools on the website <a href=\"https:\/\/www.stockcalc.com\/\">stockcalc.com<\/a> to generate some of the content of this blog post. These tools and reports are available for free at <a href=\"https:\/\/www.stockcalc.com\/TopPicks.aspx\">www.stockcalc.com\/TopPicks.aspx<\/a>.<\/p>\n<h4>Trading at Less than Cash Value<\/h4>\n<p style=\"text-align:justify\">Today we are looking at companies trading at <strong>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<h5>What this Means&#8230;<\/h5>\n<p style=\"text-align:justify\">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<h4>Today&#8217;s Data on TSE<\/h4>\n<p style=\"text-align:justify\">Today&#8217;s data is for companies listed on the <strong>Toronto Stock Exchange<\/strong>.<\/p>\n<table style=\"font-size:11px;font-family:Lato,sans-serif\">\n<tr>\n<th style=\"background-color:#6e8295;text-align:center;padding:0.5em;border:1px solid white;color:white\">Symbol<\/th>\n<th style=\"background-color:#6e8295;text-align:center;padding:0.5em;border:1px solid white;color:white\">Name<\/th>\n<th style=\"background-color:#6e8295;text-align:center;padding:0.5em;border:1px solid white;color:white\">Close Price<\/th>\n<th style=\"background-color:#6e8295;text-align:center;padding:0.5em;border:1px solid white;color:white\">Shares Outstanding<\/th>\n<th style=\"background-color:#6e8295;text-align:center;padding:0.5em;border:1px solid white;color:white\">P\/E<\/th>\n<th style=\"background-color:#6e8295;text-align:center;padding:0.5em;border:1px solid white;color:white\">P\/B<\/th>\n<th style=\"background-color:#6e8295;text-align:center;padding:0.5em;border:1px solid white;color:white\">Cash per Share<\/th>\n<th style=\"background-color:#6e8295;text-align:center;padding:0.5em;border:1px solid white;color:white\">Net Cash per Share<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:0.24em;text-align:left;border:1px solid white\">GMP<\/td>\n<td style=\"padding:0.24em;text-align:left;border:1px solid white\">GMP Capital Inc<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">4.040000<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">89868671<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">None<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">1.6347<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">4.71<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">3.99<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:0.24em;text-align:left;border:1px solid white\">TRZ<\/td>\n<td style=\"padding:0.24em;text-align:left;border:1px solid white\">Transat A.T. Inc<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">5.370000<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">36859165<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">None<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">0.4262<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">9.87<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">13.98<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:0.24em;text-align:left;border:1px solid white\">ZAR<\/td>\n<td style=\"padding:0.24em;text-align:left;border:1px solid white\">Zargon Oil &amp; Gas Ltd<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">0.710000<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">30663000<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">None<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">0.4198<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">0.90<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">-1.91<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:0.24em;text-align:left;border:1px solid white\">MM<\/td>\n<td style=\"padding:0.24em;text-align:left;border:1px solid white\">Mood Media Corp<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">0.070000<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">183694082<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">None<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">None<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">0.12<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">-3.26<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:0.24em;text-align:left;border:1px solid white\">NKO<\/td>\n<td style=\"padding:0.24em;text-align:left;border:1px solid white\">Niko Resources Ltd<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">0.105000<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">94049614<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">0.0280<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">None<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">0.26<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">-2.18<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:0.24em;text-align:left;border:1px solid white\">RMX<\/td>\n<td style=\"padding:0.24em;text-align:left;border:1px solid white\">Rubicon Minerals Corp<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">2.230000<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">2437497<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">None<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">None<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">2.80<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">-29.28<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:0.24em;text-align:left;border:1px solid white\">CZQ<\/td>\n<td style=\"padding:0.24em;text-align:left;border:1px solid white\">Continental Precious Minerals Inc<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">0.400000<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">11706896<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">None<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">0.8371<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">0.48<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">None<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:0.24em;text-align:left;border:1px solid white\">PNC.A<\/td>\n<td style=\"padding:0.24em;text-align:left;border:1px solid white\">Postmedia Network Canada Corp<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">0.900000<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">1874639<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">None<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">None<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">7.39<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">-174.82<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:0.24em;text-align:left;border:1px solid white\">PNC.B<\/td>\n<td style=\"padding:0.24em;text-align:left;border:1px solid white\">Postmedia Network Canada Corp<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">0.650000<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">1874639<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">None<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">None<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">7.39<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">-174.82<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:0.24em;text-align:left;border:1px solid white\">CSF.DL<\/td>\n<td style=\"padding:0.24em;text-align:left;border:1px solid white\">Cash Store Financial Services Inc<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">0.135000<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">17571813<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">None<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">None<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">0.60<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">-7.59<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:0.24em;text-align:left;border:1px solid white\">MNT<\/td>\n<td style=\"padding:0.24em;text-align:left;border:1px solid white\">Royal Canadian Mint<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">17.150000<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">4000<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">0.0017<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">None<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">23651.75<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">11260.75<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:0.24em;text-align:left;border:1px solid white\">MNS<\/td>\n<td style=\"padding:0.24em;text-align:left;border:1px solid white\">Royal Canadian Mint<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">13.950000<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">4000<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">0.0013<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">None<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">23651.75<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">11260.75<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:0.24em;text-align:left;border:1px solid white\">STP.DL<\/td>\n<td style=\"padding:0.24em;text-align:left;border:1px solid white\">Southern Pacific Resources Corp<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">0.005000<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">397959000<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">None<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">None<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">0.07<\/td>\n<td style=\"padding:0.24em;text-align:right;border:1px solid white\">-1.38<\/td>\n<\/tr>\n<\/table>\n<h4>Let&#8217;s look at a few companies&#8230;<\/h4>\n<p style=\"text-align:justify\">Lets look at a couple of the companies on this list to get a better understanding of them.<\/p>\n<h6 style=\"margin-bottom:0.5em\">ZAR:TSE Zargon Oil &amp; Gas<\/h6>\n<p><a href=\"http:\/\/www.zargon.ca\">http:\/\/www.zargon.ca<\/a><br \/>\nZargon Oil &amp; Gas has 39 employees and is headquartered in Canada.<br \/>\nZargon Oil &amp; Gas Ltd is engaged in the exploration, development and production of oil and natural gas in Canada and the United States and conducts many of its activities jointly with others.<\/p>\n<h6 style=\"margin-bottom:0.5em\">MM:TSE Mood Media<\/h6>\n<p><a href=\"http:\/\/www.moodmedia.com\">http:\/\/www.moodmedia.com<\/a><br \/>\nMood Media has 2000 employees and is headquartered in United States.<br \/>\nMood Media Corp provides in-store audio, visual and scent marketing solutions to businesses including specialist retailers, department stores, supermarkets, financial institutions and fitness clubs, as well as hotels and restaurants.<\/p>\n<h4>Free Valuation<\/h4>\n<p>Run a valuation on any of the companies listed above at <a href=\"https:\/\/www.stockcalc.com\/valureport.aspx\">www.stockcalc.com\/valureport.aspx<\/a> or subscribe at our Stockcalc Facebook Page to receive this list each day <a href=\"https:\/\/www.facebook.com\/stockcalc\/app\/100265896690345\">Stockcalc Reports<\/a>.<\/p>\n<p><em>The content presented here is in part from the website <a href=\"www.stockcalc.com\">stockcalc.com<\/a> and is provided on an <strong>as is<\/strong> or <strong>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","protected":false},"excerpt":{"rendered":"<p>I have used the analysis tools on the website stockcalc.com to generate some of the content of this blog post. These tools and reports are available for free at www.stockcalc.com\/TopPicks.aspx. 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 &hellip; <a href=\"https:\/\/www.stockcalc.com\/blog\/BrianD\/2017\/02\/16\/zargon-oil-gas-zartse-and-mood-media-mmtse-trading-at-less-than-cash-value\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Zargon Oil &amp; Gas (ZAR:TSE) and Mood Media (MM:TSE) Trading at Less than Cash Value<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[37,39,38,43],"class_list":["post-862","post","type-post","status-publish","format-standard","hentry","category-stocks-trading-at-less-than-cash-value","tag-cash-per-share","tag-market-cap","tag-share-price","tag-tse"],"jetpack_featured_media_url":"","jetpack_likes_enabled":true,"jetpack-related-posts":[],"jetpack_shortlink":"https:\/\/wp.me\/p6Fvkg-dU","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.stockcalc.com\/blog\/BrianD\/wp-json\/wp\/v2\/posts\/862","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.stockcalc.com\/blog\/BrianD\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.stockcalc.com\/blog\/BrianD\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.stockcalc.com\/blog\/BrianD\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.stockcalc.com\/blog\/BrianD\/wp-json\/wp\/v2\/comments?post=862"}],"version-history":[{"count":2,"href":"https:\/\/www.stockcalc.com\/blog\/BrianD\/wp-json\/wp\/v2\/posts\/862\/revisions"}],"predecessor-version":[{"id":880,"href":"https:\/\/www.stockcalc.com\/blog\/BrianD\/wp-json\/wp\/v2\/posts\/862\/revisions\/880"}],"wp:attachment":[{"href":"https:\/\/www.stockcalc.com\/blog\/BrianD\/wp-json\/wp\/v2\/media?parent=862"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.stockcalc.com\/blog\/BrianD\/wp-json\/wp\/v2\/categories?post=862"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.stockcalc.com\/blog\/BrianD\/wp-json\/wp\/v2\/tags?post=862"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}