Global Materials Potentially Undervalued Companies

Scotts Miracle-Gro

Market Cap: US$3.3b

Engages in the manufacture, marketing, and sale of products for lawn, garden care, and indoor and hydroponic gardening in the United States and internationally.

Vulcan Energy Resources

Market Cap: US$1.2b

Engages in the geothermal energy, and lithium exploration and production activities in Europe, Germany, and Australia.

Imaflex

Market Cap: CA$62.0m

Develops, manufactures, and sells flexible packaging materials for agriculture and packaging industries in Canada, the United States, and internationally.

Compañía de Minas BuenaventuraA

Market Cap: US$5.8b

Engages in the exploration, mining, concentration, smelting, and marketing of polymetallic ores and metals in Peru.

Capital Metals

Market Cap: €33.6m

Engages in the exploration, evaluation, and development of mineral sand resources in the United Kingdom and Sri Lanka.

Neo Performance Materials

Market Cap: US$832.0m

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.

Liberty Gold

Market Cap: US$273.5m

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

Empress Royalty

Market Cap: CA$114.9m

Engages in creating and investing in a portfolio of precious metal royalty and streaming interests in Canada.

Western Forest Products

Market Cap: CA$135.6m

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

TRX Gold

Market Cap: US$237.6m

A junior gold mining company, engages in the exploration, development, and production of mineral property in Tanzania.

Americas Gold and Silver

Market Cap: CA$1.2b

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

ATEX Resources

Market Cap: CA$740.9m

Engages in the exploration and evaluation of mineral properties in South America.

Ball

Market Cap: US$13.3b

Supplies aluminum packaging products for the beverage, personal care, and household products industries in the United States, Brazil, and internationally.

CRH

Market Cap: US$75.5b

Provides building materials solutions in Ireland, the United States, the United Kingdom, rest of Europe, and internationally.

Aurion Resources

Market Cap: US$187.4m

Engages in the acquisition, exploration, and evaluation of mineral properties in Finland.

Contango Ore

Market Cap: US$302.3m

An exploration stage company, engages in the exploration and development of mineral properties in Alaska, the United States.

Mondi

Market Cap: US$4.5b

Engages in the manufacture and sale of packaging and paper solutions in Africa, Western Europe, Emerging Europe, Russia, North America, South America, Asia, and Australia.

Aldebaran Resources

Market Cap: CA$392.5m

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

Gerdau

Market Cap: US$32.5b

Operates as a steel producer company.

DSM-Firmenich

Market Cap: US$18.2b

Provides nutrition, health, and beauty solutions in Switzerland, the Netherlands, rest of Europe, the Middle East and Africa, North America, Latin America, China, and rest of Asia.

DRDGOLD

Market Cap: US$2.3b

A gold mining company, engages in the extraction of gold from the retreatment of surface mine tailings in South Africa.

SIG Group

Market Cap: US$3.2b

Provides aseptic carton packaging systems and solutions for beverage and liquid food products.

Pan American Silver

Market Cap: US$21.3b

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