RE:RE:Athabasca has huge potential Hendrick3 wrote: There is no question ATH has upside but relative to other players in the sector they are premium priced. It's the relative valuation that is causing them problems because although they will go up, they may not have as much bounce in them as other undervalued players. Look at their market cap of $225 million and do some comparisons with other companies that actually produced cash flow in 2020 and paid down debt despite a tumultuous year. Yes ATH will eventually go up but others may be better bets for greater upside.
The other players are relative premium priced as well. It is relative for a reason.