RE:Why is this company so cheap?Every time I wake up in the morning I wonder the same thing - Why is Newmarket so cheap? On all accounts, given comparisons to other mid tier/junior producers, NMI's market cap should be well over 2 times higher than where it is now. On top of that, their balance sheet is pristine, so give us another 50 points; Therefore, share price right now should be around $3.70 to be on par with it's Canadian peers.
The conclusion, I guess, is to be patient and wait for the market to figure out the discrepancy.
Obviously, management should be doing a better job on marketing