Canadian Undiscovered Gems With Strong Fundamentals

Firan Technology Group

Market Cap: CA$288.7m

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

Freehold Royalties

Market Cap: CA$2.1b

Acquires and manages royalty interests in the crude oil, natural gas, natural gas liquids, and potash properties in Canada and the United States.

Aris Mining

Market Cap: CA$1.7b

Engages in the acquisition, exploration, development, and operation of gold properties in Canada, Colombia, and Guyana.

Andean Precious Metals

Market Cap: CA$484.0m

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

Altius Minerals

Market Cap: CA$1.2b

Engages in the mineral and renewable royalties and project generation businesses in Canada, Brazil, and the United States.

Tamarack Valley Energy

Market Cap: CA$2.5b

Engages in the exploration, development, production, and sale of oil, natural gas, and natural gas liquids in the Western Canadian sedimentary basin.

Birchcliff Energy

Market Cap: CA$1.9b

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.

Foraco International

Market Cap: CA$179.5m

Provides drilling services in North America, South America, the Asia Pacific, the Middle East, Africa, and Europe.

Elemental Altus Royalties

Market Cap: CA$523.5m

Engages in the acquisition and generation of precious metal royalties.

Evertz Technologies

Market Cap: CA$937.3m

Engages in the design, manufacture, and distribution of video and audio infrastructure solutions for the production, post-production, broadcast, and telecommunications markets in Canada, the United States, and internationally.