Fundamental Research Corp. recently featured Anaconda Mining Inc. (TSX:ANX) and how the Company had “another record year” in terms of sales.
As quoted in the article:
ANX’s shares continue to be undervalued compared to its peers, as shown in the table below. Our valuation on ANX, based on gold industry average valuation multiples, is $0.31 per share, up from our previous estimate of $0.27 per share.
Fundamental Research Corp. (FRC) is an independent equity research firm. They provide subscribers with the highest quality fundamental research on smaller cap companies from a value-based perspective. INN has reported on FRC coverage since 2011 and receives compensation for new subscribers referred by INN.