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The market in Canada has shown positive momentum, rising 2.0% over the last week and climbing 13% in the past year, with earnings forecasted to grow by 15% annually. In this favorable environment, identifying undervalued small-cap stocks with insider buying can present compelling opportunities for investors looking to capitalize on potential growth.
Top 10 Undervalued Small Caps With Insider Buying In Canada
| Name | PE | PS | Discount to Fair Value | Value Rating |
|---|---|---|---|---|
| Vermilion Energy | NA | 1.1x | 47.24% | ★★★★★★ |
| Trican Well Service | 7.5x | 0.9x | 15.85% | ★★★★★☆ |
| Nexus Industrial REIT | 3.8x | 3.7x | 20.71% | ★★★★★☆ |
| Flagship Communities Real Estate Investment Trust | 3.7x | 3.8x | 44.70% | ★★★★★☆ |
| VersaBank | 10.0x | 4.0x | 13.26% | ★★★★☆☆ |
| Rogers Sugar | 15.4x | 0.6x | 48.09% | ★★★★☆☆ |
| Calfrac Well Services | 2.6x | 0.2x | -63.53% | ★★★★☆☆ |
| Sagicor Financial | 1.3x | 0.3x | -37.32% | ★★★★☆☆ |
| Primaris Real Estate Investment Trust | 12.4x | 3.3x | 40.51% | ★★★★☆☆ |
| Hemisphere Energy | 5.6x | 2.2x | -192.34% | ★★★☆☆☆ |
Here's a peek at a few of the choices from the screener.
Centerra Gold
Simply Wall St Value Rating: ★★★★★☆
Overview: Centerra Gold is a mining company engaged in the exploration, development, and production of gold and copper with operations primarily at the Öksüt, Mount Milligan, and Molybdenum sites.
Operations: Centerra Gold generates revenue primarily from its Öksüt, Molybdenum, and Mount Milligan segments. The company's gross profit margin has ranged from 0.14% to 58.82% over the reported periods, reflecting fluctuations in cost of goods sold (COGS) and operating expenses.
PE: 10.9x
Centerra Gold, a small cap Canadian miner, recently reported strong Q2 2024 results with sales of US$282.31 million and net income of US$37.67 million, reversing last year's losses. The company also repurchased 1.44 million shares for US$9.8 million between April and June 2024, indicating insider confidence in its value proposition. Additionally, Centerra's board approved a quarterly dividend of CAD0.07 per share payable on August 29, 2024.
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Get an in-depth perspective on Centerra Gold's performance by reading our valuation report here.
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Gain insights into Centerra Gold's historical performance by reviewing our past performance report.
NorthWest Healthcare Properties Real Estate Investment Trust
Simply Wall St Value Rating: ★★★★☆☆
Overview: NorthWest Healthcare Properties Real Estate Investment Trust operates in the healthcare real estate industry with a market cap of approximately CA$2.76 billion.
Operations: NorthWest Healthcare Properties Real Estate Investment Trust generates revenue primarily from the healthcare real estate industry, with a recent quarterly revenue of CA$523.85 million. The company's gross profit margin has shown variability, reaching 77.81% in the latest quarter ending June 30, 2024. Operating expenses and non-operating expenses significantly impact net income, which was reported as -CA$394.40 million for the same period.