Australian Materials Undervalued Small Caps

Aurelia Metals

Market Cap: AU$601.2m

Engages in the exploration and production of mineral properties in Australia.

Hillgrove Resources

Market Cap: AU$233.0m

Engages in the operation, exploration, and development of mineral properties in Australia.

Aeris Resources

Market Cap: AU$484.9m

Explores, produces, and sells precious metals in Australia.

Ora Banda Mining

Market Cap: AU$2.5b

Engages in the exploration, operation, and development of mineral properties and mining in Australia.

Meeka Metals

Market Cap: AU$328.3m

Engages in the exploration and development of gold properties in Western Australia.

Kingsgate Consolidated

Market Cap: AU$1.1b

Engages in the exploration, development, and mining of mineral properties.

Pantoro Gold

Market Cap: AU$946.9m

Engages in the gold mining, processing, and exploration activities in Western Australia.

Clover

Market Cap: AU$159.4m

Engages in the production, refining, and sale of natural oils and encapsulated powders in Australia, New Zealand, Asia, Europe, the Middle East, and the Americas.

Fenix Resources

Market Cap: AU$206.5m

Provides mining, logistics, and port services in Western Australia.

Resolute Mining

Market Cap: AU$2.2b

Engages in mining, prospecting, and exploration of mineral properties in Africa.

29Metals

Market Cap: AU$516.3m

Operates as a copper-focused base and precious metals mining company in Australia and Chile.

Develop Global

Market Cap: AU$1.8b

Engages in the exploration and development of mineral resource properties in Australia.

Alkane Resources

Market Cap: AU$2.0b

Operates as a gold exploration and production company in Australia.