Previous Close | 26.00 |
Open | 26.40 |
Bid | 26.60 x 10000 |
Ask | 26.80 x 10000 |
Day's Range | 26.40 - 26.40 |
52 Week Range | 22.80 - 32.40 |
Volume | |
Avg. Volume | 2 |
Market Cap | 1.618B |
Beta (5Y Monthly) | 1.52 |
PE Ratio (TTM) | 10.00 |
EPS (TTM) | 2.64 |
Earnings Date | Jul 31, 2024 |
Forward Dividend & Yield | 1.14 (4.38%) |
Ex-Dividend Date | May 29, 2024 |
1y Target Est | N/A |
Amidst a backdrop of fluctuating interest rates and shifting market leadership, Canada's small-cap stocks have demonstrated resilience, highlighted by a sharp rally as broader indices experienced mixed results. This environment underscores the potential for undervalued small-cap companies in Canada to offer intriguing opportunities for investors looking to diversify their portfolios in line with current economic conditions.
As the Canadian market experiences a period of adjustment with interest rates declining and economic growth continuing, small-cap stocks have shown a notable rally. This shift in market dynamics underscores the potential opportunities within undervalued small caps, particularly those with significant insider action, as they may be well-positioned to benefit from the broader economic environment and policy shifts.
In the past year, Canada's market has shown resilience with an 11% increase, despite a flat performance over the last seven days. In this context of promising annual earnings growth forecasted at 15%, identifying undervalued small caps with insider buying can be particularly compelling for investors looking for potential opportunities.