Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
37 Capital Inc. operates as a junior firm specializing in the identification, acquisition, and advancement of natural resource assets throughout Canada. The company fully owns the 650-hectare Extra High claims, situated northeast of Kamloops, British Columbia. Additionally, it has an option agreement in place to potentially acquire a 60% stake in the Acacia Property, an approximate 4,715-hectare site located within British Columbia's Adams Plateau region. The company also holds royalty entitlements from a range of lithium mineral deposits across the Province of Ontario. Established in 1984 and headquartered in Vancouver, Canada, the corporation was previously named High 5 Ventures Inc. until it rebranded to 37 Capital Inc. in July 2014.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers.