We created a graphic showing every Canadian stock trading below cash+short-term investments.
EarthLabs (TSXV: SPOT) is by far the highest quality company on the list. All but two of the other companies are junk.
Remember, every financial portal still lists SPOT as having only $34.12 million in cash+short-term investments, but it is about to be $49 million+ after it updates.
Even if Elon Musk finds gold in asteroids... SPOT will still go up!
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. NIA's President has purchased 30,500 shares of SPOT in the open market and intends to buy more shares. This message is meant for informational and educational purposes only and does not provide investment advice.