SN3165 (< 20)

3 Most Undervalued Canadian Junior Miners for 2013

January 11, 2013 – Comments (1) | RELATED TICKERS: SAND , BRD , CGR

Here is a list of the most undervalued junior mining companies (In my opinion).

 #3 - St. Andrew Goldfields 

They currently have an EPS of .08 which gives them a current P/E ratio of just 6.78! analyst consensus estimate for 2013 will give St. Andrew a forward P/E ratio as low as 4.

#2 - Claude Resources 

Analsysts consensus earnings estimates for Claude Resources in 2013 is .11 cents per share. With their current share price of just .53 cents, this gives them a forward P/E of just 4.8! Proven record of expanding their resource base. This Canadian Junior Mining Company has a total gold resource of over 4 million ounces - up from just 806K ounces in 2008!

 #1 - Brigus Gold

 Company recently released 2013 production guidance and expects to produce around 90-95K ounces in 2013. Analysts expect them to have an annual earnings per share of .24 which gives them an insanely cheap forward P/E of just 4!