Canadian Materials Potentially Undervalued Companies

Canfor

Market Cap: CA$1.4b

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

Orvana Minerals

Market Cap: CA$83.3m

A mining and exploration company, engages in the evaluation, development, and mining of gold, copper, silver, and other precious and base metal deposits.

Torex Gold Resources

Market Cap: CA$4.9b

Operates as an intermediate gold producer.

Heliostar Metals

Market Cap: CA$459.5m

Engages in the identification, acquisition, evaluation, and exploration of mineral properties in North America.

Methanex

Market Cap: CA$4.3b

Produces and supplies methanol in Asia Pacific, North America, Europe, and South America.

Equinox Gold

Market Cap: CA$11.4b

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

Vanadiumcorp Resource

Market Cap: CA$2.3m

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

Canaf Investments

Market Cap: CA$17.1m

Owns and operates a coal processing business in South Africa.

Silver Phoenix Resources

Market Cap: CA$2.6m

Silver Phoenix Resources Inc., an exploration stage company, engages in acquiring, exploring, and developing mineral properties primarily in British Columbia.

Plaintree Systems

Market Cap: CA$491.2k

Designs, develops, manufactures, markets, and supports electronic products and specialty structural products in Canada, the United States, and internationally.

Supremex

Market Cap: CA$95.0m

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.

Neo Performance Materials

Market Cap: CA$844.0m

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.

Electra Battery Materials

Market Cap: CA$26.6m

Engages in the acquisition and exploration of resource properties in the United States and Canada.

Nutrien

Market Cap: CA$39.8b

Provides crop inputs and services.

Sassy Gold

Market Cap: CA$748.7k

An exploration stage company, acquires, identifies, explores for, and evaluates of precious metals resources in Canada.

Itafos

Market Cap: CA$546.9m

Operates as a phosphate and specialty fertilizer company.

ArcWest Exploration

Market Cap: CA$13.8m

Engages in the exploration of mineral properties in Canada.

CCL Industries

Market Cap: CA$13.9b

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

Liberty Gold

Market Cap: CA$287.2m

Engages in the acquisition, exploration, and development of mineral properties primarily in the United States and Türkiye.

Pan American Silver

Market Cap: CA$22.6b

Engages in the exploration, mine development, extraction, processing, refining, and reclamation of mines in Canada, Mexico, Peru, Bolivia, Argentina, Chile, and Brazil.

Discovery Silver

Market Cap: CA$4.2b

A mineral exploration company, engages in the acquisition, exploration, and development of mineral properties in Canada.

CEMATRIX

Market Cap: CA$54.8m

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

WestBond Enterprises

Market Cap: CA$5.9m

Together with its subsidiary WestBond Industries Inc., engages in the manufacture and sale of disposable paper products for medical, hygienic, and industrial uses in Canada and the United States.

SSR Mining

Market Cap: CA$6.8b

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

CCL Industries

Market Cap: CA$13.9b

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

Southern Cross Gold Consolidated

Market Cap: CA$1.8b

Engages in the acquisition and exploration of precious and energy mineral interests in Australia.

Aris Mining

Market Cap: CA$2.7b

Engages in the acquisition, exploration, development, and operation of gold properties in Canada, Colombia, and Guyana.

Taseko Mines

Market Cap: CA$1.8b

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

Wolfden Resources

Market Cap: CA$32.5m

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

Vizsla Silver

Market Cap: CA$2.0b

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

Winpak

Market Cap: CA$2.5b

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

Ivanhoe Mines

Market Cap: CA$19.1b

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

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.

AirBoss of America

Market Cap: CA$137.9m

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

Silver Tiger Metals

Market Cap: CA$312.5m

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

Aclara Resources

Market Cap: CA$539.0m

A mining company, engages in the exploration and development of rare-earth mineral resources in Chile, Brazil and Peru.