Canadian Potentially Undervalued Companies

BRP

Market Cap: CA$5.6b

Designs, develops, manufactures, and sells powersports vehicles and marine products in the United States, Canada, Europe, Asia Pacific, Latin America, and internationally.

Calfrac Well Services

Market Cap: CA$530.2m

Provides specialized oilfield services in Canada, the United States, and Argentina.

DPM Metals

Market Cap: CA$10.4b

A gold mining company, engages in the acquisition, exploration, development, mining, and processing of precious metals.

ACT Energy Technologies

Market Cap: CA$243.7m

Provides directional drilling services and related downhole technologies to oil and natural gas companies in Canada and the United States.

High Tide

Market Cap: CA$298.9m

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

Transcontinental

Market Cap: CA$470.2m

Engages in the flexible packaging business in Canada, the United States, Latin America, the United Kingdom, and internationally.

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.

Sangoma Technologies

Market Cap: CA$193.3m

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$322.2m

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

Bonterra Energy

Market Cap: CA$250.5m

A conventional oil and gas company, engages in the development and production of oil and natural gas in Canada.

Martinrea International

Market Cap: CA$731.6m

Engages in the design, development, manufacture, and sale of engineered, value-added lightweight structures, and propulsion systems for the automotive sector in North America, Europe, and internationally.

Vermilion Energy

Market Cap: CA$2.5b

Engages in petroleum and natural gas, focuses on the acquisition, exploration, development, and optimization of producing properties in North America, Europe, and Australia.

PHX Energy Services

Market Cap: CA$543.8m

Provides horizontal and directional drilling services, rents performance drilling motors, and sells motor equipment and parts to oil and natural gas exploration and development companies in Canada, the United States, the Middle East regions, and internationally.

CGI

Market Cap: CA$19.0b

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.

First Quantum Minerals

Market Cap: CA$27.5b

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

InPlay Oil

Market Cap: CA$475.8m

Engages in the acquisition, exploration, development, and production of petroleum and natural gas properties in Canada.

Lassonde Industries

Market Cap: CA$1.5b

Develops, manufactures, and markets a range of ready-to-drink beverages, fruit-based snacks, frozen juice concentrates, and specialty food products in Canada, the United States, and internationally.

Andean Precious Metals

Market Cap: CA$959.4m

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

illumin Holdings

Market Cap: CA$44.5m

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

Verano Holdings

Market Cap: CA$619.4m

Engages in the cannabis business in the United States.

Canfor

Market Cap: CA$1.5b

Operates as an integrated forest products company in the United States, Asia, Canada, Europe, and internationally.

Advantage Energy

Market Cap: CA$1.7b

Engages in the acquisition, exploitation, development, and production natural gas, crude oil, and natural gas liquids (NGLs) in the Province of Alberta, Canada.

Boyd Group Services

Market Cap: CA$4.5b

Operates non-franchised collision repair centers in North America.

Dexterra Group

Market Cap: CA$749.6m

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

WELL Health Technologies

Market Cap: CA$1.1b

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

Pet Valu Holdings

Market Cap: CA$1.4b

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

Luca Mining

Market Cap: CA$346.7m

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

Haivision Systems

Market Cap: CA$170.9m

Provides mission-critical, real-time video networking, and visual collaboration solutions in Canada, the United States, and internationally.

Integra Resources

Market Cap: CA$790.4m

A precious metals producer, engages in the exploration and development of mineral properties in the Great Basin of the Western United States.

Bausch Health Companies

Market Cap: CA$2.1b

Operates as a diversified specialty pharmaceutical and medical device company.

Interfor

Market Cap: CA$628.7m

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

OceanaGold

Market Cap: CA$9.7b

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

Sabio Holdings

Market Cap: CA$10.0m

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.

Cogeco

Market Cap: CA$597.6m

Operates in the communications and media sectors in Canada and the United States.

Choice Properties Real Estate Investment Trust

Market Cap: CA$11.3b

Choice Properties Real Estate Investment Trust is Canada’s largest Real Estate Investment Trust, guided by a clear purpose: to create places where people thrive.

Chorus Aviation

Market Cap: CA$592.5m

Through its subsidiaries, provides aviation services in Canada and internationally.