Canadian High Return On Equity, Low Debt

Celestica

Market Cap: CA$32.0b

Provides supply chain solutions in Asia, North America, and internationally.

Lundin Gold

Market Cap: CA$20.3b

Operates as a mining company in Canada.

AtkinsRéalis Group

Market Cap: CA$15.3b

Provides professional services and project management, and capital investment services in United Kingdom, Canada, the United States, Saudi Arabia, and internationally.

K92 Mining

Market Cap: CA$3.7b

Engages in the exploration and development of mineral deposits in Papua New Guinea.

Wesdome Gold Mines

Market Cap: CA$2.6b

Wesdome Gold Mines Ltd. mines, develops, and explores for gold and silver deposits in Canada.

Alphamin Resources

Market Cap: CA$1.4b

Engages in the production and sale of tin concentrate.

D2L

Market Cap: CA$901.4m

Provides cloud-based learning software for higher education institutions, kindergarten to grade 12 schools and districts, and private sector enterprises in Canada, the United States, and internationally.

Valeura Energy

Market Cap: CA$861.5m

Engages in the exploration, development, and production of petroleum and natural gas in Thailand and in Turkey.

Thor Explorations

Market Cap: CA$678.6m

Operates as a gold producer and explorer.

ShaMaran Petroleum

Market Cap: CA$645.5m

Engages in the oil and gas exploration and production.

Santacruz Silver Mining

Market Cap: CA$597.5m

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

Heliostar Metals

Market Cap: CA$353.6m

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

ADF Group

Market Cap: CA$257.4m

Engages in the design and engineering of connections including industrial coatings in Canada and the United States.

Hemisphere Energy

Market Cap: CA$188.4m

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

Yellow Pages

Market Cap: CA$152.0m

Through its subsidiaries, provides digital and print media, and marketing solutions to small and medium-sized enterprises in Canada.

Pinetree Capital

Market Cap: CA$132.4m

A venture capital and private equity firm specializing in early, later stage venture, middle market, mature, later stage, turnaround and growth capital investments in micro and small cap companies.

Minsud Resources

Market Cap: CA$105.1m

Explores for mineral resource properties in Argentina.

D-BOX Technologies

Market Cap: CA$92.3m

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.

BQE Water

Market Cap: CA$73.9m

A water treatment company, provides wastewater management services and treatment solutions to the mining and metallurgical industry in Canada, the United States, Latin America, China, and internationally.

Westbridge Renewable Energy

Market Cap: CA$61.4m

Engages in the acquisition and development of solar photovoltaic (PV) projects in Canada, the United States, the United Kingdom, and Italy.

Canso Select Opportunities

Market Cap: CA$18.7m

A publicly owned hedge fund manager.

TVI Pacific

Market Cap: CA$14.6m

A resource company, engages in the evaluation, acquisition, and development of resource projects in the Asia-Pacific region.

Planet Ventures

Market Cap: CA$12.2m

Planet Ventures, Inc.is a venture capital firm specializing in early stage investments.

Emergia

Market Cap: CA$10.2m

Emergia Inc., together with its subsidiaries, engages in the acquisition, development, and management of multi-purpose real estate properties in Canada.

Argo Gold

Market Cap: CA$4.7m

Engages in the acquisition, exploration, development, and production of mineral properties in Canada.

Zimtu Capital

Market Cap: CA$3.2m

A private equity and venture capital firm specializing in seed stage, early stage, acquisition, pre-IPO investments in private micro and small-cap resource companies.