Low Price-To-Book Ratios Suggest These Gold Stocks Are Undervalued

TM editors' note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.

Written by SmallCapPower.com

Today, we have identified 5 junior gold stocks that have low debt levels plus price-to-book ratios of less than 1 suggesting that they may be undervalued when compared to industry peers.

1. Timmins Gold Corp. (TSX: TMM)  (TGD) – $0.46 Canadian
Gold

Timmins Gold Corp. is a Canada-based gold producer engaged in the operation, development, exploration and acquisition of resource properties in Mexico through its subsidiaries, Timmins Goldcorp Mexico, S.A. de C.V. and Molimentales del Noroeste, S.A. de C.V. (MdN). MdN owns the San Francisco Mine in Sonora, Mexico. MdN also owns the Caballo Blanco Property, an exploration and evaluation asset in Veracruz, Mexico. As well, Timmins Gold holds the Ana Paula gold project, which is an advanced-stage development project in the Guerrero Gold Belt.

  • Market Cap: $163 million CAD
  • Total Revenue (LTM): $156 million CAD
  • Debt to Equity (FY0): 13.2%
  • Price To Book Value: 0.90

2. Sabina Gold & Silver Corp. (TSX: SBB) (SGSVF) – $1.27 Canadian
Gold

Sabina Gold & Silver Corp. is a precious metals company. Its principal assets are the Back River gold project and its silver royalty on the Hackett River project, both of which are located in Nunavut, Canada. The Company also has exploration properties in Nunavut and in the vicinity of the Red Lake gold camp in Ontario. The Back River Project is located approximately 520 kilometers North East of Yellowknife and over 70 kilometers south of Bathurst Inlet.

  • Market Cap: $279 million CAD
  • Total Revenue (LTM): 0
  • Debt to Equity (FY0): 0.1%
  • Price To Book Value: 0.82

3. Argonaut Gold Inc. (TSX: AR) (ARNGF) – $2.75 Canadian
Gold

Argonaut Gold Inc. is engaged in gold mining, mine development and mineral exploration activities at gold-bearing mineral properties in North America. It owns the producing El Castillo mine in the State of Durango, Mexico; the producing La Colorada mine in the State of Sonora, Mexico; the advanced exploration-stage San Antonio property in the State of Baja California Sur, Mexico; the advanced exploration-stage Magino property in the Province of Ontario, Canada; the advanced exploration-stage San Agustin property located approximately 10 kilometers from the El Castillo mine in the State of Durango, Mexico, and various other exploration stage projects, all of which are located in North America.

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