U.S. Undiscovered Gems With Strong Fundamentals

ASA Gold and Precious Metals

Market Cap: US$853.8m

A publicly owned investment manager.

Gulf Island Fabrication

Market Cap: US$117.7m

Operates as a fabricator of steel structures and modules in the United States.

First Bancorp

Market Cap: US$287.5m

Operates as the bank holding company for First National Bank that provides a range of banking products and services to individual and corporate customers.

Solesence

Market Cap: US$264.3m

A science-driven company, develops, manufactures, and sells integrated family of technologies in the United States.

SUI Group Holdings

Market Cap: US$239.1m

A principal investment firm specializing investments in debt and equity securities of public and private companies to fund their operations whether its start-up, acquisition, or growth.

FineMark Holdings

Market Cap: US$449.0m

Operates as the bank holding company for FineMark National Bank & Trust that provides various banking and financial services to individual and corporate clients.

Pure Cycle

Market Cap: US$263.4m

Provides wholesale water and wastewater services in the United States.

Linkhome Holdings

Market Cap: US$166.2m

An artificial intelligence-driven property technology company, provides real estate related services in the United States.

Senstar Technologies

Market Cap: US$123.7m

Provides physical, video, and access control security products and solutions worldwide.

Valhi

Market Cap: US$417.2m

Engages in the chemicals, component products, and real estate management and development businesses in Europe, North America, the Asia Pacific, and internationally.

Tri-County Financial Group

Market Cap: US$111.6m

Operates as a bank holding company for First State Bank, providing various banking and mortgage banking services and insurance services to individuals and businesses in the United States.

Sound Financial Bancorp

Market Cap: US$115.8m

Operates as the bank holding company for Sound Community Bank that provides banking and other financial services for consumers and businesses.

First Northern Community Bancorp

Market Cap: US$204.1m

Operates as the bank holding company for First Northern Bank of Dixon that provides commercial banking products and services to individuals, and small and medium sized businesses.

FRMO

Market Cap: US$371.1m

Through Horizon Kinetics, LLC, operates as an investment advisory and independent research company in the United States.

Morris State Bancshares

Market Cap: US$244.8m

Operates as the bank holding company for Morris Bank that provides various financial services to individuals and small businesses in Georgia.

Metalpha Technology Holding

Market Cap: US$113.0m

Provides wealth management services in Hong Kong.

Affinity Bancshares

Market Cap: US$121.3m

Operates as the holding company for Affinity Bank that provides various banking products and services in Georgia.

Greenfire Resources

Market Cap: US$337.9m

Engages in the exploration, development, and operation of oil and gas properties in the Athabasca oil sands region of Alberta, Canada.

Oakworth Capital

Market Cap: US$161.7m

Operates as a bank holding company for Oakworth Capital Bank that provides range of banking services in the United States.

Southern Michigan Bancorp

Market Cap: US$115.3m

Operates as the bank holding company for Southern Michigan Bank & Trust that provides a range of commercial banking services to individuals, businesses, institutions, and governmental agencies primarily in the southwest and south-central Michigan communities.

First Ottawa Bancshares

Market Cap: US$144.9m

Operates as the bank holding company for American Commercial Bank & Trust, National Association that provides a range of banking and financial services to individual and corporate customers in LaSalle, Grundy, Cook, and other counties in Illinois.

First Capital Bancshares

Market Cap: US$111.8m

Operates as a holding company for First Capital Bank that provides commercial banking services in the United States.

Calvin B. Taylor Bankshares

Market Cap: US$150.1m

Operates as the holding company for Calvin B.

FS Bancorp

Market Cap: US$171.2m

Operates as the holding company for Farmers State Bank that provides banking products and services to individuals and business customers in Indiana and Michigan.

Tiptree

Market Cap: US$658.9m

Through its subsidiaries, provides specialty insurance products and related services in the United States and Europe.

Associated Capital Group

Market Cap: US$765.6m

Provides investment advisory services in the United States.

Meridian

Market Cap: US$164.2m

Operates as the bank holding company for Meridian Bank that provides commercial banking products and services in Pennsylvania, New Jersey, Delaware, Maryland, and Florida.

Butler National

Market Cap: US$156.1m

Designs, engineers, manufactures, sells, integrates, installs, repairs, modifies, overhauls, services, and distributes a portfolio of aerostructures, aircraft components, avionics, accessories, subassemblies, and systems.

Kish Bancorp

Market Cap: US$121.5m

A diversified financial services company, provides various banking products and services primarily in central Pennsylvania and the surrounding areas.

Village Super Market

Market Cap: US$488.1m

Engages in the operation of a chain of supermarkets in the United States.

First National Bank Alaska

Market Cap: US$858.2m

A commercial bank, provides various banking products and services for business, industry, and individual customers primarily in Alaska.

Timberland Bancorp

Market Cap: US$256.4m

Operates as the bank holding company for Timberland Bank that provides various community banking services in Washington.

Oil-Dri Corporation of America

Market Cap: US$884.7m

Develops, manufactures, and markets sorbent products in the United States and internationally.

Yuanbao

Market Cap: US$1.1b

Through its subsidiaries, provides online insurance distribution and services in the People’s Republic of China.

Hingham Institution for Savings

Market Cap: US$664.0m

Provides various financial services to individuals and small businesses in the United States.

Ohio Valley Banc

Market Cap: US$171.7m

Operates as the bank holding company for The Ohio Valley Bank Company that provides commercial and consumer banking products and services.