Canadian Materials Potentially Undervalued Companies

Supremex

Market Cap: CA$105.1m

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.

Steppe Gold

Market Cap: CA$305.9m

Engages in operating, developing, exploring, and acquiring precious metal projects in Mongolia and Peru.

Canada Nickel

Market Cap: CA$176.6m

Engages in the exploration, discovery, and development of nickel sulphide assets for electric vehicle, green energy, and stainless steel markets in Canada.

CCL Industries

Market Cap: CA$13.7b

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

Itafos

Market Cap: CA$587.4m

Operates as a phosphate and specialty fertilizer company.

Soma Gold

Market Cap: CA$107.3m

A natural resource company, engages in the acquisition, exploration, and development of mineral properties in Columbia.

CEMATRIX

Market Cap: CA$47.3m

Through its subsidiaries, engages in the onsite production of cellular concrete for infrastructure, industrial, and commercial construction markets in North America.

CCL Industries

Market Cap: CA$13.6b

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

Corsa Coal

Market Cap: CA$22.8m

Corsa Coal Corp. mines, processes, and sells metallurgical coal in the Asia, North America, South America, and Europe.

Strategic Resources

Market Cap: CA$22.4m

Engages in the acquisition, exploration, and development of iron, vanadium, titanium, and other metal properties in Canada and Finland.

Blue Moon Metals

Market Cap: CA$175.6m

Engages in the exploration and development of mineral resource properties in Norway and the United States.

Titan Mining

Market Cap: CA$181.4m

A natural resource company, acquires, explores, develops, produces, and extracts mineral properties.

Newmont

Market Cap: CA$70.3b

Engages in the production and exploration of gold properties.

Mako Mining

Market Cap: CA$418.8m

Engages in gold mining and exploration activities in Nicaragua.

Montero Mining and Exploration

Market Cap: CA$1.9m

Engages in the identification, evaluation, acquisition, exploration, and development of mineral properties in Chile.

IBC Advanced Alloys

Market Cap: CA$6.9m

Develops, produces, and sells specialty alloy products in China, the Netherlands, Japan, Canada, Germany, Taiwan, and internationally.

Three Valley Copper

Market Cap: CA$562.3k

Focuses on explores and produces copper.

Monument Mining

Market Cap: CA$139.6m

Operates as a gold producer, engages in the acquisition, exploration, and development of gold, precious metals, and other base metal properties in Canada, Australia, and Malaysia.

Glen Eagle Resources

Market Cap: CA$729.0k

Engages in the acquisition, exploration, development, and evaluation of mining properties in Canada and Honduras.

Vitreous Glass

Market Cap: CA$39.0m

Vitreous Glass Inc. cleans, crushes, and sells waste glass to the fiberglass manufacturing industry in Canada.

Fortuna Mining

Market Cap: CA$2.9b

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

Madoro Metals

Market Cap: CA$2.3m

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

Mineros

Market Cap: CA$2.3t

Engages in the exploration, development, and production of gold in Central and South America.

Western Copper and Gold

Market Cap: CA$356.0m

An exploration stage company, engages in the exploration and development of mineral properties in Canada.

Santacruz Silver Mining

Market Cap: CA$458.7m

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

Ivanhoe Mines

Market Cap: CA$14.9b

Engages in the mining, development, and exploration of minerals and precious metals in Africa.

Minera IRL

Market Cap: CA$5.3m

Engages in the exploration, development, and operation of mines in Peru.

Largo

Market Cap: CA$127.6m

Engages in the development and sale of vanadium-based energy storage systems in Canada.

West Fraser Timber

Market Cap: CA$7.8b

A diversified wood products company, engages in manufacturing, selling, marketing, and distributing lumber, engineered wood products, pulp, newsprint, wood chips, and other residuals and renewable energy.

Endeavour Mining

Market Cap: CA$10.4b

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

FireFly Metals

Market Cap: CA$731.4m

Engages in the exploration and evaluation of mineral deposits in Australia and Canada.

Majestic Gold

Market Cap: CA$151.2m

A mining company, focuses on exploration, development, and operation of mining properties in China.

Tarachi Gold

Market Cap: CA$4.8m

Engages in the exploration and evaluation of mineral properties.

ADF Group

Market Cap: CA$267.0m

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

Magna Mining

Market Cap: CA$367.6m

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

Hudbay Minerals

Market Cap: CA$5.4b

A diversified mining company, focuses on the exploration, development, operation, and optimization of properties in North and South America.