U.K. Materials Undervalued Small Caps

Serabi Gold

Market Cap: UK£200.7m

Engages in the evaluation, exploration, and development of gold and other metals mining projects in Brazil.

Michelmersh Brick Holdings

Market Cap: UK£79.1m

Together its subsidiaries, manufactures and sells bricks and brick prefabricated products in the United Kingdom and rest of Europe.

AltynGold

Market Cap: UK£284.3m

Engages in the exploration and development of gold producing mine in the Republic of Kazakhstan.

Atalaya Mining Copper

Market Cap: UK£1.1b

Engages in the mineral exploration and development in Spain.

Sylvania Platinum

Market Cap: UK£228.9m

Engages in the retreatment of platinum group metals (PGM) bearing chrome tailings materials in South Africa.

Forterra

Market Cap: UK£377.3m

Engages in the manufacturing and sale of building products made from clay and concrete in the United Kingdom.

Marshalls

Market Cap: UK£434.9m

Manufactures and sells landscape, building, and roofing products in the United Kingdom and internationally.