Canadian Undiscovered Gems With Strong Fundamentals

Itafos

Market Cap: CA$730.4m

Operates as a phosphate and specialty fertilizer company.

Guardian Capital Group

Market Cap: CA$1.6b

Through its subsidiaries, primarily engages in the provision of investment services in Canada, the United States, the United Kingdom, and internationally.

Soma Gold

Market Cap: CA$247.8m

A natural resource company, engages in the acquisition, exploration, and development of mineral properties in Columbia.

Kiwetinohk Energy

Market Cap: CA$1.1b

Produces of natural gas natural gas liquids, oil, and condensate in Canada.

Mako Mining

Market Cap: CA$908.0m

Engages in gold mining and exploration activities in Nicaragua.

Flint

Market Cap: CA$154.0m

Provides upstream, midstream, and downstream production services in Canada and the United States.

Goldmoney

Market Cap: CA$224.0m

Through its subsidiaries, engages in the precious metals and real asset businesses worldwide.

Melcor Developments

Market Cap: CA$525.5m

Operates as a real estate development company in the United States and Canada.

Corby Spirit and Wine

Market Cap: CA$412.8m

Manufactures, markets, and imports spirits, wines, and ready-to-drink cocktails in Canada, the United States, the United Kingdom, and internationally.

Dundee

Market Cap: CA$400.5m

Engages in acquiring mineral resource assets.

Pulse Seismic

Market Cap: CA$238.9m

Engages in the acquisition and licensing of 2D and 3D seismic data to the energy sector in western Canada.

Western Investment Company of Canada

Market Cap: CA$146.3m

A private equity firm specializing in buyout and middle market investments.

Alphamin Resources

Market Cap: CA$1.7b

Engages in the production and sale of tin concentrate.

TWC Enterprises

Market Cap: CA$540.4m

Owns, operates, and manages golf clubs under the ClubLink One Membership More Golf brand in Canada and the United States.

Palisades Goldcorp

Market Cap: CA$211.7m

A resource investment company and merchant bank, focuses on investing in junior companies in the resource and mining sector.

D-BOX Technologies

Market Cap: CA$158.2m

Designs, manufactures, and commercializes haptic motion systems intended for theatrical entertainment, sim racing and simulation, and training business in the United States, Canada, Europe, Asia, South America, Oceania, and Africa.

Orogen Royalties

Market Cap: CA$210.7m

Operates as a royalty and mineral exploration company in Canada, the United States, Mexico, Argentina, Kenya, and Colombia.

Golconda Gold

Market Cap: CA$246.3m

Explores, develops, and operates gold mining properties in Canada, the United States, and South Africa.

Total Energy Services

Market Cap: CA$669.7m

Operates as an energy services company primarily in Canada, the United States, Australia, and internationally.

Obsidian Energy

Market Cap: CA$768.0m

Engages in the exploration, development, and production of oil and natural gas in Western Canada.

BioSyent

Market Cap: CA$178.2m

Acquires or licenses, develops, and sells pharmaceutical and other healthcare products in Canada and internationally.

Sierra Madre Gold and Silver

Market Cap: CA$390.8m

Operates as a precious metal development and exploration company in Mexico.

Firm Capital Mortgage Investment

Market Cap: CA$441.2m

Through its mortgage banker, Firm Capital Corporation, invests in short-term residential and commercial real estate mortgage loans and real estate related debt investments in Canada.

Amerigo Resources

Market Cap: CA$885.2m

Through its subsidiary, Minera Valle Central S.A., produces copper and molybdenum concentrates from Corporación Nacional del Cobre de Chile’s El Teniente mine in Chile.

Monument Mining

Market Cap: CA$366.9m

Engages in the production, exploration, and development of precious metals in Canada, Australia, and Malaysia.

Santacruz Silver Mining

Market Cap: CA$1.3b

Engages in the acquisition, exploration, development, production, and operation of mineral properties in Latin America.

Olympia Financial Group

Market Cap: CA$294.5m

Through its subsidiary, Olympia Trust Company, operates as a non-deposit taking trust company in Canada.

Gamehost

Market Cap: CA$240.7m

Engages in the hospitality and gaming businesses in Alberta.

Heliostar Metals

Market Cap: CA$719.1m

Engages in the identification, acquisition, evaluation, and exploration of mineral properties in North America.

Auxly Cannabis Group

Market Cap: CA$164.0m

Operates as a consumer packaged goods company in the cannabis products market in Canada.

Stack Capital Group

Market Cap: CA$269.6m

Stack Capital Group Inc. is public investment firm engaged in private Equity and venture capital specializing in Pre-IPO, early stage, mid stage, late stage and growth stages of a company.

Currency Exchange International

Market Cap: CA$162.4m

Together with its subsidiary, Exchange Bank of Canada, provides foreign exchange technology and processing services in Canada and the United States.

Empress Royalty

Market Cap: CA$142.5m

Engages in creating and investing in a portfolio of precious metal royalty and streaming interests in Canada.

Hemlo Mining

Market Cap: CA$2.0b

Operates as a gold production company.

Alvopetro Energy

Market Cap: CA$300.5m

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

Hemisphere Energy

Market Cap: CA$233.0m

Acquires, explores, develops, and produces petroleum and natural gas properties in Canada.