Canadian Materials Undiscovered Gems With Strong Fundamentals

Soma Gold

Market Cap: CA$243.3m

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

Itafos

Market Cap: CA$728.5m

Operates as a phosphate and specialty fertilizer company.

Mako Mining

Market Cap: CA$894.9m

Engages in gold mining and exploration activities in Nicaragua.

Dundee

Market Cap: CA$393.3m

Engages in acquiring mineral resource assets.

Alphamin Resources

Market Cap: CA$1.6b

Produces and sells tin concentrates.

Golconda Gold

Market Cap: CA$225.6m

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

Orogen Royalties

Market Cap: CA$205.4m

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

Sierra Madre Gold and Silver

Market Cap: CA$369.2m

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

Amerigo Resources

Market Cap: CA$913.5m

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$384.2m

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.

Heliostar Metals

Market Cap: CA$698.4m

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

Hemlo Mining

Market Cap: CA$1.9b

Operates as a gold production company.

Thor Explorations

Market Cap: CA$1.0b

Operates as a gold producer and explorer.

GoGold Resources

Market Cap: CA$1.4b

Engages in the exploration, development, and production of silver, gold, and copper primarily in Mexico It owns the Los Ricos property, which includes Los Ricos South and Los Ricos North projects, that covers 45 concessions with an area of approximately 24,000 hectares situated in the Jalisco State, Mexico; and the Parral Tailings project located in the city of Parral.

Elemental Royalty

Market Cap: CA$2.0b

Engages in the acquisition and generation of precious metal royalties.

Andean Precious Metals

Market Cap: CA$1.3b

Engages in the acquisition, exploration, development, and processing of mineral resource properties in the United States.