Canadian Materials Potentially Undervalued Companies

Transcontinental

Market Cap: CA$1.4b

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

Taseko Mines

Market Cap: CA$863.8m

A mining company, acquires, develops, and operates mineral properties.

Endeavour Mining

Market Cap: CA$8.9b

Operates as a multi-asset gold producer in West Africa.

Cascades

Market Cap: CA$951.5m

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

Chemtrade Logistics Income Fund

Market Cap: CA$1.1b

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

Neo Performance Materials

Market Cap: CA$367.6m

Engages in the manufacture and sale of rare earth, magnetic powders, magnets, and rare metal-based functional materials in China, Japan, Thailand, South Korea, North America, Europe, and internationally.

Interfor

Market Cap: CA$716.8m

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

Dundee Precious Metals

Market Cap: CA$3.2b

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

SSR Mining

Market Cap: CA$3.0b

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

Teck Resources

Market Cap: CA$23.5b

Engages in research, exploration, development, processing, smelting, refining, and reclamation of mineral properties in Asia, the Americas, and Europe.

Geodrill

Market Cap: CA$128.3m

Provides mineral exploration drilling services to the mining companies in West Africa, Egypt, Chile, and Peru.

Serabi Gold

Market Cap: CA$122.3m

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

CCL Industries

Market Cap: CA$12.0b

Manufactures and sells labels, consumer printable media products, technology-driven label solutions, polymer banknote substrates, and specialty films.

Sherritt International

Market Cap: CA$57.6m

Engages in the mining, processing, refining, and sale of nickel and cobalt in North America, Cuba, Europe, Asia, Australia, and internationally.

Eldorado Gold

Market Cap: CA$5.5b

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

IAMGOLD

Market Cap: CA$5.7b

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

Orezone Gold

Market Cap: CA$562.0m

Engages in the mining, exploration, and development of gold properties.

Jaguar Mining

Market Cap: CA$231.6m

A junior gold mining company, engages in the acquisition, exploration, development, and operation of gold mineral properties in Brazil.

Allied Gold

Market Cap: CA$1.8b

Explores and produces mineral deposits in Africa.

Transcontinental

Market Cap: CA$1.4b

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

Winpak

Market Cap: CA$2.5b

Manufactures and distributes packaging materials and related packaging machines in the United States, Canada, and Mexico.

Labrador Iron Ore Royalty

Market Cap: CA$1.8b

Through its subsidiary, Hollinger-Hanna Limited, holds a 15.10% equity interest in Iron Ore Company of Canada that produces and processes iron ores in Canada.

Andean Precious Metals

Market Cap: CA$267.1m

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

First Quantum Minerals

Market Cap: CA$13.3b

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

AirBoss of America

Market Cap: CA$99.0m

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

ADF Group

Market Cap: CA$152.3m

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

Foraco International

Market Cap: CA$187.5m

Provides drilling services in North America, South America, the Asia Pacific, the Middle East, Africa, and Europe.

Canfor Pulp Products

Market Cap: CA$52.2m

Produces and supplies pulp and paper products worldwide.

B2Gold

Market Cap: CA$5.9b

Operates as a gold producer company in Canada.

Lithium Royalty

Market Cap: CA$258.9m

Operates as a lithium-focused royalty company in Canada, the United States, Australia, Argentina, Brazil, and South America.

Thor Explorations

Market Cap: CA$365.4m

Operates as a gold producer and explorer.

Lithium Americas

Market Cap: CA$819.2m

Engages in the exploration and development of lithium properties in the United States and Canada.

Mandalay Resources

Market Cap: CA$484.6m

Engages in the acquisition, exploration, extraction, processing, and reclamation of mineral properties in Australia, Sweden, Chile, and Canada.

Equinox Gold

Market Cap: CA$4.3b

Engages in the acquisition, exploration, development, and operation of mineral properties in the Americas.

Supremex

Market Cap: CA$93.8m

Manufactures and markets envelopes, and paper-based packaging solutions and specialty products for corporations, direct mailers, resellers, government entities, small and medium sized enterprises, and solution providers in Canada and the United States.

Algoma Steel Group

Market Cap: CA$487.6m

Produces and sells steel products in Canada, the United States, and internationally.