Global Materials Undervalued Stocks Based On Cash Flows

Privi Speciality Chemicals

Market Cap: ₹115.1b

Engages in the manufacture, supply, and export of aroma and fragrance chemicals in India, North America, Asia, the Middle East, Africa, Europe, South America, and the United Kingdom.

Equinox Gold

Market Cap: CA$17.8b

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

Jiangsu Wujin Stainless Steel Pipe GroupLTD

Market Cap: CN¥5.3b

Jiangsu Wujin Stainless Steel Pipe Group CO.,LTD.

Zhaojin Mining Industry

Market Cap: HK$116.2b

An investment holding company, engages in exploration, mining, processing, smelting, and sale of gold and other metallic products in the People’s Republic of China and internationally.

Zhongjin GoldLtd

Market Cap: CN¥154.2b

Engages in the mining, smelting, and sale of non-ferrous metals in China.

Galan Lithium

Market Cap: AU$483.2m

Engages in the exploration, evaluation, and development of lithium properties.

ENVIONEER

Market Cap: ₩75.4b

Develops, manufactures, and sells wet-process-based advanced composite materials in South Korea.

Fortuna Mining

Market Cap: CA$4.8b

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

PPC

Market Cap: R8.9b

Engages in the production and sale of cement, aggregates, ready mix concrete, and fly ash in South Africa, Botswana, and Zimbabwe.

Elkem

Market Cap: NOK 18.2b

Engages in the provision of advanced material solutions worldwide.

Coeur Mining

Market Cap: US$14.5b

Operates as a gold and silver producer in the United States, Canada, and Mexico.

Forterra

Market Cap: UK£343.2m

Engages in the manufacturing and sale of building products made from clay and concrete in the United Kingdom.

Central Asia Metals

Market Cap: UK£297.9m

Operates as a base metals producer.

Solvay

Market Cap: €2.7b

Provides basic and performance chemicals worldwide.

Chifeng Jilong Gold MiningLtd

Market Cap: CN¥76.2b

Engages in mining, metallurgical processing, and sales of gold worldwide.

Accsys Technologies

Market Cap: UK£145.5m

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

TIMAH

Market Cap: Rp28.6t

Engages in tin mining and smelting operations in Indonesia and internationally.

Saudi Paper Manufacturing

Market Cap: ر.س2.0b

Manufactures and sells paper pulp and tissue paper products in the Kingdom of Saudi Arabia, Gulf Cooperation Council countries, and internationally.

Zignago Vetro

Market Cap: €621.4m

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

MP Materials

Market Cap: US$10.3b

Produces rare earth materials in the Western Hemisphere.

Almonty Industries

Market Cap: CA$7.2b

Engages in mining, processing, and shipping of tungsten concentrate.

Orla Mining

Market Cap: CA$8.3b

Acquires, explores, develops, and exploits mineral properties.

Aura Minerals

Market Cap: US$6.7b

A gold and copper production company, focuses on the development and operation of gold and base metal projects in the Americas.

AECI

Market Cap: R11.4b

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

Solstice Advanced Materials

Market Cap: US$11.5b

Operates as a specialty chemicals and advanced materials company in the United States and internationally.

Asia-potash International Investment (Guangzhou)Co.Ltd

Market Cap: CN¥58.6b

Engages in the processing, production, sale, and marketing of potash fertilizers in China and internationally.

Mishra Dhatu Nigam

Market Cap: ₹64.1b

Manufactures and sells super alloys, titanium, special purpose steel, and other special metals in India and internationally.

Hemlo Mining

Market Cap: CA$2.0b

Operates as a gold production company.

Sinomine Resource Group

Market Cap: CN¥57.8b

Engages in the development and utilization of lithium battery new energy raw materials, rare light metals, and solid minerals in China and internationally.

Capricorn Metals

Market Cap: AU$6.0b

Explores, develops, evaluates, and produces gold in Australia.

Grifal

Market Cap: €9.8m

Provides packaging solutions in Italy, rest of Europe, and internationally.

Ecovyst

Market Cap: US$1.2b

Offers virgin and regenerated sulfuric acid products and services in the United States and internationally.

Ibstock

Market Cap: UK£404.2m

Manufactures and sells clay and concrete building products and solutions to customers in the residential construction sector in the United Kingdom.

Camlin Fine Sciences

Market Cap: ₹26.5b

Research, develops, manufactures, and markets specialty chemicals, ingredients, and additive blend products in India and internationally.

Outokumpu Oyj

Market Cap: €2.3b

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

Hochschild Mining

Market Cap: UK£3.4b

A precious metals company, engages in the exploration, mining, processing, and sale of gold and silver deposits in Peru, Argentina, the United Kingdom, Canada, Brazil, and Chile.