Canadian Potentially Undervalued Companies

Highwood Asset Management

Market Cap: CA$70.8m

Together with its subsidiary, operates as an oil and gas exploration and production company in Canada.

High Tide

Market Cap: CA$296.9m

Engages in the cannabis retail business in Canada, the United States, and internationally.

Air Canada

Market Cap: CA$5.5b

Provides domestic, U.S. transborder, and international airline services.

SSR Mining

Market Cap: CA$9.2b

Engages in the acquisition, exploration, and development of precious metal resource properties in the United States, Türkiye, Canada, and Argentina.

Sabio Holdings

Market Cap: CA$17.3m

Operates as a technology provider in the advertising areas of connected TV (CTV) and over-the-top (OTT) streaming in the United States and the United Kingdom.

Sangoma Technologies

Market Cap: CA$213.3m

Develops, manufactures, distributes, and supports voice and data connectivity components for software-based communication applications in the United States of America and internationally.

Vecima Networks

Market Cap: CA$296.9m

Engages in the development of integrated hardware and software solutions for broadband access, content delivery, and telematics.

CGI

Market Cap: CA$21.2b

Provides information technology and business process services in Western and Southern Europe, the United States, Canada, Scandinavia, Northwest and Central-East Europe, the United Kingdom, Australia, Germany, Finland, Poland, Baltics, and the Asia Pacific.

Green Thumb Industries

Market Cap: CA$2.1b

Manufactures, distributes, markets, and sells of cannabis products for medical and adult-use in the United States.

First Quantum Minerals

Market Cap: CA$31.3b

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

Andean Precious Metals

Market Cap: CA$1.4b

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

illumin Holdings

Market Cap: CA$48.5m

A technology company, provides digital media solutions in the United States, Canada, Europe, Latin America, and internationally.

Champion Iron

Market Cap: CA$2.7b

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

Verano Holdings

Market Cap: CA$523.1m

Operates as a vertically integrated multi-state cannabis operator in the United States.

B2Gold

Market Cap: CA$10.0b

Operates as a gold producer company in Canada.

Alithya Group

Market Cap: CA$134.6m

Provides information technology services and solutions through digital technologies in Canada, the United States, and internationally.

Dexterra Group

Market Cap: CA$740.4m

Engages in the provision of support services for the creation, management, and operation of infrastructure in Canada.

Valeura Energy

Market Cap: CA$1.2b

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

NFI Group

Market Cap: CA$2.0b

Manufactures and sells buses in North America, the United Kingdom, rest of Europe, and the Asia Pacific.

Chemtrade Logistics Income Fund

Market Cap: CA$1.7b

Offers industrial chemicals and services in Canada, the United States, and South America.

WELL Health Technologies

Market Cap: CA$1.1b

Operates as a practitioner-focused digital healthcare company in Canada, the United States, and internationally.

Wesdome Gold Mines

Market Cap: CA$3.8b

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

Torex Gold Resources

Market Cap: CA$7.4b

A mineral exploration company, engages in the acquisition, exploration, and development of mineral properties in Mexico and the United States.

Computer Modelling Group

Market Cap: CA$330.1m

A software and consulting technology company, engages in the development and licensing of reservoir simulation and seismic interpretation software and related services.

Luca Mining

Market Cap: CA$501.9m

Engages in the acquisition, exploration, and development of mineral resource properties in North America.

Pet Valu Holdings

Market Cap: CA$1.7b

Engages in the retail and wholesale of pet food and pet-related supplies for dogs, cats, fish, birds, reptiles, and small animals in Canada.

Interfor

Market Cap: CA$617.6m

Produces and sells wood products in Canada, the United States, Japan, China, Taiwan, and internationally.

K92 Mining

Market Cap: CA$7.3b

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

OceanaGold

Market Cap: CA$11.8b

Engages in the exploration, development, and operation of gold and gold/copper mines in the United States, the Philippines, and New Zealand.

Primaris Real Estate Investment Trust

Market Cap: CA$2.1b

Primaris Real Estate Investment Trust is Canada’s only enclosed shopping centre focused REIT, with ownership interests in leading enclosed shopping centres located in growing Canadian markets.

DIRTT Environmental Solutions

Market Cap: CA$176.5m

Engages in the industrialized construction business in the United States and Canada.

Trican Well Service

Market Cap: CA$1.4b

An equipment services company, provides various products, equipment, services, and technology for use in the drilling, completion, stimulation, and reworking of oil and gas wells in Canada.

Uber Technologies

Market Cap: CA$157.8b

Develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific.

Sherritt International

Market Cap: CA$81.9m

Engages in the mining, processing, refining, and sale of nickel and cobalt in Canada, Cuba, Europe, and Asia.

Ag Growth International

Market Cap: CA$509.2m

Manufactures and distributes equipment for bulk agriculture commodities worldwide.

PayPal Holdings

Market Cap: CA$43.0b

Operates a technology platform that enables digital payments for merchants and consumers worldwide.