Canadian Undervalued Small Caps

Firan Technology Group

Market Cap: CA$281.7m

Manufactures and sells aerospace and defense electronic products and subsystems in Canada, the United States, and China.

Bird Construction

Market Cap: CA$1.5b

Provides construction services in Canada.

Propel Holdings

Market Cap: CA$1.0b

Operates as a financial technology company.

Orezone Gold

Market Cap: CA$986.5m

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

Magellan Aerospace

Market Cap: CA$957.2m

Through its subsidiaries, engineers and manufactures aeroengine and aerostructure components for aerospace markets in Canada, the United States, and Europe.

Pollard Banknote

Market Cap: CA$522.4m

Manufactures and sells lottery and charitable gaming products and solutions in the United States, Canada, and internationally.

Dexterra Group

Market Cap: CA$740.6m

Engages in the provision of support services for the creation, management, and operation of infrastructure in Canada.

High Liner Foods

Market Cap: CA$390.9m

Processes and markets prepared and packaged frozen seafood products in North America.

Pet Valu Holdings

Market Cap: CA$2.0b

Engages in the retail and wholesale of pet foods and pet-related supplies for dogs, cats, fish, birds, reptiles, and small animals in Canada.

Cannara Biotech

Market Cap: CA$158.5m

Engages in the indoor cultivation, processing, and sale of cannabis and cannabis-derivative products in Canada.

Alvopetro Energy

Market Cap: CA$224.4m

Engages in the acquisition, exploration, development, and production of hydrocarbons in Brazil and Canada.

CareRx

Market Cap: CA$222.9m

Provides pharmacy services to senior homes and other congregate care settings in Canada.

Stingray Group

Market Cap: CA$950.0m

Operates as a music, media, and technology company in Canada, the United States, and internationally.

Birchcliff Energy

Market Cap: CA$2.1b

An intermediate oil and natural gas company, engages in the exploration, development, and production of natural gas, light oil, condensate, and other natural gas liquids in Western Canada.

Meren Energy

Market Cap: CA$1.2b

Operates as an oil and gas exploration and production company in Nigeria, Namibia, South Africa, and Equatorial Guinea.

Docebo

Market Cap: CA$872.7m

Develops and provides a learning management platform for training in North America and internationally.

Spin Master

Market Cap: CA$2.1b

A children’s entertainment company, engages in the creation, design, manufacture, licensing, and marketing of various toys, entertainment products, and digital games in North America, Europe, and internationally.