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Tuesday, May 1, 2012

Great Stock Value (TSE: PMG.TO)

Shares of PMG fell by 3.18% or $-0.46/share to $13.99. TSE is trading at a price to book ratio of 1.37. The price to sales ratio came in at 1.15. Thus, the company is not very expensive in terms of its sales. On average, 715844 shares of PMG.TO exchange hands on a given day and today's volume is recorded at 1081518. These financial metrics combined make this company seem undervalued. Lookout for any takeover chatter or takeover news regarding this stock as one of the bigger players may have an eye on this one.