Canadian Materials Potentially Undervalued Companies

SSR Mining

Market Cap: CA$8.9b

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

Transcontinental

Market Cap: CA$452.8m

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

IAMGOLD

Market Cap: CA$14.4b

Through its subsidiaries, operates as a gold producer and developer in Canada and Burkina Faso.

Alkane Resources

Market Cap: CA$2.1b

Operates as a gold exploration and production company in Australia.

Allied Gold

Market Cap: CA$4.4b

Operates as gold mining company in Africa.

Fortuna Mining

Market Cap: CA$4.2b

Engages in the precious and base metal mining and related activities in Argentina, Côte d’Ivoire, Mexico, Peru, and Senegal.

Andean Precious Metals

Market Cap: CA$1.0b

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

Champion Iron

Market Cap: CA$2.4b

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

Torex Gold Resources

Market Cap: CA$5.9b

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

OceanaGold

Market Cap: CA$9.3b

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

Alamos Gold

Market Cap: CA$23.8b

Operates as a gold producer in Canada and Mexico.

Luca Mining

Market Cap: CA$349.5m

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

K92 Mining

Market Cap: CA$6.3b

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

Eldorado Gold

Market Cap: CA$12.1b

Engages in the mining, exploration, development, and sale of mineral products primarily in Turkey, Canada, and Greece.

Serabi Gold

Market Cap: CA$268.9m

Engages in the evaluation, exploration, and development of gold and other metals mining projects in Brazil.

Cambria Gold Mines

Market Cap: CA$424.5m

Engages in the exploration, evaluation, and development of mineral properties in the United States and Canada.

Silvercorp Metals

Market Cap: CA$3.9b

Acquires, explores, develops, and mines mineral properties in China.

DPM Metals

Market Cap: CA$10.3b

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

Hemlo Mining

Market Cap: CA$1.9b

Engages in the production and operation of gold mining assets in Canada.

Silver Tiger Metals

Market Cap: CA$435.5m

Engages in the exploration and evaluation of mineral properties in Mexico.

Barrick Mining

Market Cap: CA$98.7b

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

AirBoss of America

Market Cap: CA$203.2m

Manufactures and sells rubber-based products in Canada, the United States, and internationally.

Santacruz Silver Mining

Market Cap: CA$1.1b

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

Cerrado Gold

Market Cap: CA$257.3m

Operates as a gold mining and exploration company in Argentina and Canada.

Dynacor Group

Market Cap: CA$263.0m

Engages in the exploration, development, and mining of minerals properties in Peru.

Artemis Gold

Market Cap: CA$7.7b

Engages in the identification, acquisition, and development of gold properties in Canada.

China Gold International Resources

Market Cap: CA$10.7b

A gold and base metal mining company, acquires, explores, develops, and mines mineral resources in the People’s Republic of China and Canada.

B2Gold

Market Cap: CA$8.8b

Operates as a gold producer company in Canada.

Aimia

Market Cap: CA$255.7m

Operates as a diversified conglomerate in Europe, Asia, Oceania, the Americas, Africa, and the Middle East.

ADF Group

Market Cap: CA$311.8m

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

Vox Royalty

Market Cap: CA$538.1m

Operates as a mining royalty company.

Cascades

Market Cap: CA$1.1b

Produces, converts, and markets packaging and tissue products in Canada and the United States.

TRX Gold

Market Cap: CA$524.2m

Engages in the exploration, development, and production of mineral property in Tanzania.

Thor Explorations

Market Cap: CA$893.2m

Engages in the production, development, and exploration of gold.

Kinross Gold

Market Cap: CA$50.0b

Engages in the acquisition, exploration, and development of gold properties principally in the United States, Brazil, Chile, Canada, and Mauritania.

Heliostar Metals

Market Cap: CA$577.8m

Engages in gold and silver exploration and mining activities in the United States and Mexico.