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Monday, December 17, 2012

Potentially Oversold Level Reached (TSE: CEE.TO)

Shares of CEE traded higher by 25.45% or $0.14/share to $0.69. TSE is trading at a price to book ratio of 0.62. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 0.03 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 1.63. On average, 784522 shares of CEE.TO exchange hands on a given day and today's volume is recorded at 492949. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.