Are ICC International Cannabis Corp. (CNSX:WRLD.U), TMAC Resources Inc. (TSX:TMR) Headed For Earnings Growth?

In taking a look at some key indicators for ICC International Cannabis Corp. (CNSX:WRLD.U), we note that the current Book to Market value for the firm is at 0.921620. The Book to Market or BTM is calculated as Market Value (or Stock Price)/Book Value. Investors often look for shares with high Book to Market value as this could indicate that the equity is priced below market value and underpriced.

A ratio of a publicly-traded company’s book value to its market value. That is, the BTM is a comparison of a company’s net asset value per share to its share price. This is a useful tool to help determine how the market prices a company relative to its actual worth. A ratio greater than one indicates an undervalued company, while a ratio less than one means a company is overvalued. Value managers seek out

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