Global Materials Undervalued Stocks Based On Cash Flows

Koskisen Oyj

Market Cap: €206.7m

Operates in wood industry in Finland, Japan, Germany, Poland, other European countries, and internationally.

Amaroq

Market Cap: US$522.0m

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

TMK Chemical Bhd

Market Cap: RM 2.3b

Engages in sourcing, processing, and distribution of inorganic chemicals and value-added services in Malaysia, Vietnam, Singapore, Indonesia, Brunei and internationally.

Endeavour Silver

Market Cap: CA$3.4b

A silver mining company, engages in the acquisition, exploration, development, extraction, processing, refining, and reclamation of mineral properties in Mexico, Chile, Peru, and the United States.

Greenpanel Industries

Market Cap: ₹24.8b

Engages in the manufacturing and sale of plywood, medium density fibre board (MDF), and allied products under the Greenpanel brand name in India and internationally.

Endomines Finland Oyj

Market Cap: €290.6m

Engages in the mining and exploration of gold deposits in Finland and the United States.

Caledonia Mining

Market Cap: US$329.3m

Engages in the exploration, development, and production of gold in Zimbabwe.

ERAMET

Market Cap: €1.2b

Produces and sells manganese and nickel metals in Asia, Europe, North America, and internationally.

Accsys Technologies

Market Cap: UK£184.8m

Engages in the production and sale of solid wood and wood elements in the United Kingdom, Ireland, rest of Europe, the Americas, and internationally.

China XLX Fertiliser

Market Cap: HK$11.8b

An investment holding company, engages in the development, manufacture, and sale of urea primarily in Mainland China and internationally.

Steel Dynamics

Market Cap: US$33.7b

Operates as a steel producer and metal recycler in the United States.

Hemlo Mining

Market Cap: CA$1.9b

Engages in the production and operation of gold mining assets in Canada.

Torex Gold Resources

Market Cap: CA$5.1b

A mineral exploration company, engages in the acquisition, exploration, and development of mineral properties in Mexico and the United States.

Vittia

Market Cap: R$553.7m

Vittia S.A. manufacturing and sale of compost, fertilizers, biological pesticides, and other chemical products in Brazil and internationally.

Chemtrade Logistics Income Fund

Market Cap: CA$1.9b

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

OYAK Çimento Fabrikalari

Market Cap: ₺96.6b

Engages in the production and sale of clinker and cement in Turkey.

Jiaxin International Resources Investment

Market Cap: HK$22.4b

Operates as a tungsten mining company focusing on the development of the Boguty Project based in the Republic of Kazakhstan.

AlzChem Group

Market Cap: €1.7b

Develops, produces, and markets a range of chemical specialties in Germany, European Union, rest of Europe, Asia, NAFTA region, and internationally.

Zignago Vetro

Market Cap: €649.6m

Produces, markets, and sells glass containers in Italy, Europe, and internationally.

AECI

Market Cap: R12.8b

Provides products and services for mining, water treatment, plant and animal health, food and beverage, manufacturing, and general industrial sectors.

G Mining Ventures

Market Cap: CA$9.6b

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

P.S.P. Specialties

Market Cap: ฿10.5b

Manufactures and sells lubricant and grease oils in Thailand.

Tubacex

Market Cap: €377.9m

Engages in the manufacturing and sale of stainless steel and nickel tubes in Spain and internationally.

Avino Silver & Gold Mines

Market Cap: CA$1.4b

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

Evolve Royalties

Market Cap: CA$144.1m

Operates as a copper-focused royalty and streaming company in Canada.

Perimeter Solutions

Market Cap: US$5.4b

Manufactures and supplies firefighting products, electronic components, lubricant additives, and engineered machinery in the United States, Germany, and internationally.

Indian Metals and Ferro Alloys

Market Cap: ₹75.0b

Engages in the production and sale of ferro chrome in India and internationally.

Borouge

Market Cap: د.إ72.1b

Through its subsidiaries, provides polymer solutions in the People’s Republic of China, India, the United Arab Emirates, Austria, Egypt, Pakistan, Vietnam, Saudi Arabia, Bangladesh, Japan, and internationally.

i-80 Gold

Market Cap: CA$1.6b

A mining company, engages in the exploration and advancement of gold and silver mineral deposits in the United States.

OSAKA Titanium technologiesLtd

Market Cap: JP¥102.4b

Manufactures and sells titanium products in Japan, the United States of America, China, and internationally.

Anhui Tongguan Copper Foil Group

Market Cap: CN¥105.2b

Engages in the research, development, manufacture, and sales of various electronic copper foils in China and internationally.

Borregaard

Market Cap: NOK 15.1b

Engages in the development, production, and marketing of specialized biochemicals and biomaterials in Norway, rest of Europe, Asia, the United States, and internationally.

Sibanye Stillwater

Market Cap: R97.7b

Operates as a precious metals mining company in South Africa, the United States, Europe, and Australia.

Outokumpu Oyj

Market Cap: €2.6b

Produces and sells various stainless-steel products in Finland, Germany, Italy, the United Kingdom, other European countries, North America, the Asia-Pacific, and internationally.

Sandfire Resources

Market Cap: AU$9.0b

A mining company, explores for, evaluates, and develops mineral tenements and projects.

Croda International

Market Cap: UK£4.1b

Engages in the consumer care, life science, and industrial specialty businesses in Europe, the Middle East, Africa, North America, Asia, and Latin America.