Canadian Undiscovered Gems With Strong Fundamentals

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.

Itafos

Market Cap: CA$708.9m

Produces and sells phosphate and specialty fertilizers in the United States, Brazil, and Guinea-Bissau.

Soma Gold

Market Cap: CA$192.5m

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$720.7m

Engages in gold mining and exploration activities in Nicaragua.

Journey Energy

Market Cap: CA$404.9m

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

Goldmoney

Market Cap: CA$205.7m

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

Flint

Market Cap: CA$171.6m

Provides asset integrity services to the energy and industrial markets in Canada and the United States.

Petrus Resources

Market Cap: CA$287.5m

Engages in the acquisition, development, exploration, and exploitation of energy business-related assets in Canada.

Corby Spirit and Wine

Market Cap: CA$411.7m

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

Western Investment Company of Canada

Market Cap: CA$140.0m

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

Melcor Developments

Market Cap: CA$544.3m

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

Pulse Seismic

Market Cap: CA$221.1m

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

Dundee

Market Cap: CA$331.2m

Engages in acquiring mineral resource assets.

TWC Enterprises

Market Cap: CA$549.7m

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

Alphamin Resources

Market Cap: CA$1.4b

Produces and sells tin concentrates.

D-BOX Technologies

Market Cap: CA$176.1m

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.

Palisades Goldcorp

Market Cap: CA$162.8m

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

Orogen Royalties

Market Cap: CA$187.6m

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

Golconda Gold

Market Cap: CA$172.1m

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

Hemisphere Energy

Market Cap: CA$252.9m

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

Total Energy Services

Market Cap: CA$838.4m

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

Firm Capital Mortgage Investment

Market Cap: CA$431.3m

Through its mortgage banker, Firm Capital Corporation, provides residential home and commercial short-term bridge and conventional real estate financing services in Canada and the United States.

Monument Mining

Market Cap: CA$294.2m

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

BioSyent

Market Cap: CA$169.0m

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

Obsidian Energy

Market Cap: CA$838.0m

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

Parex Resources

Market Cap: CA$2.6b

Engages in the exploration, development, production, and marketing of oil and natural gas in Colombia.

Amerigo Resources

Market Cap: CA$770.7m

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.

Sierra Madre Gold and Silver

Market Cap: CA$306.9m

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

Santacruz Silver Mining

Market Cap: CA$984.9m

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

AKITA Drilling

Market Cap: CA$148.6m

Provides contract drilling services to the oil and gas industry in Canada and the United States.

Olympia Financial Group

Market Cap: CA$281.9m

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

Uranium Royalty

Market Cap: CA$687.0m

Operates as a pure-play uranium royalty company in Canada, the United States, Namibia, and Spain.

Gamehost

Market Cap: CA$238.6m

Engages in the hospitality and gaming businesses in Alberta.

Heliostar Metals

Market Cap: CA$575.7m

Engages in gold and silver exploration and mining activities in the United States and Mexico.

Currency Exchange International

Market Cap: CA$156.5m

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