Canadian Undervalued Small Caps With Insider Buying

GDI Integrated Facility Services

Market Cap: CA$636.4m

Operates in the outsourced facility services industry in Canada and the United States.

Hemisphere Energy

Market Cap: CA$187.5m

Acquires, explores, develops, and produces petroleum and natural gas properties in Canada.

Morguard North American Residential Real Estate Investment Trust

Market Cap: CA$992.0m

The REIT is an unincorporated, open-ended real estate investment trust established under and governed by the laws of the Province of Ontario.

Sagicor Financial

Market Cap: CA$1.1b

Provides insurance products and related financial services in Jamaica, Barbados, Trinidad, Tobago, other Caribbean region, and the United States.

AutoCanada

Market Cap: CA$769.9m

Through its subsidiaries, operates franchised automobile dealerships and related business.

Aris Mining

Market Cap: CA$2.4b

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

Flagship Communities Real Estate Investment Trust

Market Cap: CA$618.2m

An unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust dated August 12, 2020 (as subsequently amended and restated, the “Declaration of Trust”) under the laws of the Province of Ontario.

AirBoss of America

Market Cap: CA$143.1m

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

Blackline Safety

Market Cap: CA$600.5m

Develops, manufactures, and markets worker safety monitoring products and services in Canada, the United States, Europe, and internationally.

Quarterhill

Market Cap: CA$126.2m

Operates in the intelligent transportation systems business in Canada and internationally.

Olympia Financial Group

Market Cap: CA$316.6m

Through its subsidiary, Olympia Trust Company, operates as a non-deposit taking trust company in Canada.

BSR Real Estate Investment Trust

Market Cap: CA$674.1m

An internally managed, unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario.

Firm Capital Property Trust

Market Cap: CA$224.1m

Firm Capital Property Trust is focused on creating long-term value for Unitholders, through capital preservation and disciplined investing to achieve stable distributable income.

Pro Real Estate Investment Trust

Market Cap: CA$392.5m

PROREIT (TSX:PRV.UN) is an unincorporated open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario.

Versamet Royalties

Market Cap: CA$676.9m

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, Africa, Canada.

NorthWest Healthcare Properties Real Estate Investment Trust

Market Cap: CA$1.2b

Northwest provides investors with access to a portfolio of high-quality international healthcare real estate infrastructure comprised as at May 14, 2025, of interests in a diversified portfolio of 169 income-producing properties and 15.8 million square feet of gross leasable area located throughout major markets in North America, Brazil, Europe, and Australasia.

Dye & Durham

Market Cap: CA$785.2m

Provides cloud-based software and technology solutions for law firms, financial service institutions, sole-practitioner law firms, and government organizations in Canada, Australia, South Africa, Ireland, and the United Kingdom.

Foran Mining

Market Cap: CA$1.6b

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

Obsidian Energy

Market Cap: CA$568.4m

Engages in the exploration, development, and production of oil and natural gas properties in Western Canada.