Canadian Materials Potentially Undervalued Companies

Winpak

Market Cap: CA$2.6b

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

First Quantum Minerals

Market Cap: CA$36.6b

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

Bravo Mining

Market Cap: CA$396.1m

Acquires, explores, operates, and develops mineral properties.

Major Drilling Group International

Market Cap: CA$1.4b

Provides contract drilling services to mining and mineral exploration companies in the United States, Canada, North America, South and Central America, Australasia, and Africa.

Triple Flag Precious Metals

Market Cap: CA$9.3b

A precious metals streaming and royalty company, engages in acquiring and managing precious metals, streams, royalties, and other mineral interests in Australia, Canada, Colombia, Cote d’Ivoire, Mexico, Mongolia, Peru, South Africa, and the United States.

Silver X Mining

Market Cap: CA$255.3m

Explores, develops, and produces mineral properties in the Americas.

Champion Iron

Market Cap: CA$2.0b

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

Mining Americas

Market Cap: CA$648.7m

Engages in the acquisition, exploration, development, and operation of gold mining properties in North America.

FireFly Metals

Market Cap: CA$1.5b

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

MustGrow Biologics

Market Cap: CA$29.6m

An agricultural biotechnology company, focuses on development and commercialization of natural biological technologies and products from mustard plants.

Largo

Market Cap: CA$107.2m

Produces, supplies, and sells vanadium and ilmenite products in Canada and internationally.

Foraco International

Market Cap: CA$277.9m

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

Meridian Mining

Market Cap: CA$794.0m

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

Voltage Metals

Market Cap: CA$553.2k

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

Canoe Mining Ventures

Market Cap: CA$4.3m

Engages in the acquisition, exploration, evaluation, and development of principally gold resource properties in Canada.

Canfor

Market Cap: CA$1.8b

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

Versamet Royalties

Market Cap: CA$1.5b

Operates as metals royalty and streaming company, engages in the acquiring and managing royalties, streams, and other similar interests on metals and mining operations and projects in Peru, the United States, Africa, and Canada.

Summit Royalties

Market Cap: CA$99.7m

Operates as a precious metals streaming and royalty company.

Rio2

Market Cap: CA$1.8b

Engages in the exploration, development, and mining of mineral properties in Canada, Peru, Bahamas, and Chile.

5N Plus

Market Cap: CA$2.7b

Produces and sells specialty semiconductors and performance materials in the Americas, Europe, Asia, and internationally.

Borealis Mining

Market Cap: CA$145.4m

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

Lithium Americas

Market Cap: CA$1.6b

A resource and materials company, focuses on developing, building, and operating of lithium deposits and chemical processing facilities in the United States and Canada.

First Majestic Silver

Market Cap: CA$13.2b

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

Rua Gold

Market Cap: CA$143.7m

Engages in the exploration and evaluation of mineral properties in New Zealand.

Atlas Engineered Products

Market Cap: CA$51.5m

Designs, manufactures, and sells engineered roof trusses, floor trusses, and wall panels in Canada.

Western Forest Products

Market Cap: CA$188.5m

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

G Mining Ventures

Market Cap: CA$14.8b

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

Silverco Mining

Market Cap: CA$448.8m

Acquires, explores, and develops mineral properties in Canada and Mexico.

Lundin Gold

Market Cap: CA$22.3b

Develops and operates its mineral concessions in Ecuador.

Koryx Copper

Market Cap: CA$413.3m

Operates as a copper exploration and development company.

Capstone Copper

Market Cap: CA$12.1b

A copper mining company, mines, explores for, and develops mineral properties in the United States, Chile, and Mexico.

Nutrien

Market Cap: CA$44.6b

Provides crop inputs and services.