Canadian Undervalued Stocks Based On Cash Flows

Groupe Dynamite

Market Cap: CA$6.2b

Designs, distributes, and sells women’s apparel under the Dynamite and Garage brand names in Canada, the United Kingdom, and the United States.

TFI International

Market Cap: CA$16.8b

Provides transportation and logistics services in the United States, Canada, and Mexico.

Gildan Activewear

Market Cap: CA$13.9b

Manufactures and sells various apparel products.

Paramount Resources

Market Cap: CA$4.0b

An energy company, explores for and develops conventional and unconventional petroleum and natural gas reserves and resources in Canada.

Timbercreek Financial

Market Cap: CA$546.2m

Provides shorter-duration structured financing solutions to commercial real estate investors in Canada.

Endeavour Silver

Market Cap: CA$3.5b

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.

Versamet Royalties

Market Cap: CA$1.9b

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.

Chemtrade Logistics Income Fund

Market Cap: CA$1.8b

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

Aritzia

Market Cap: CA$18.1b

Designs, develops, and sells apparels and accessories for women in the United States and Canada.

Athabasca Oil

Market Cap: CA$4.9b

Engages in the exploration, development, and production of thermal and light oil resource plays in the Western Canadian Sedimentary Basin in Alberta, Canada.

Aecon Group

Market Cap: CA$3.0b

Aecon Group Inc., together with its subsidiaries, provide construction and infrastructure development services to private and public sector clients in Canada, the United States, and internationally.

Blue Ant Media

Market Cap: CA$145.6m

Engages in streamer, production studio, and rights management businesses in Canada, the United States, the United Kingdom, and internationally.

Fortuna Mining

Market Cap: CA$3.7b

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

EQB

Market Cap: CA$4.5b

Through its subsidiary, Equitable Bank, provides personal and commercial banking services to retail and commercial customers in Canada.

Avino Silver & Gold Mines

Market Cap: CA$1.5b

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

Montage Gold

Market Cap: CA$6.4b

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

Stantec

Market Cap: CA$11.2b

Provides professional services in the areas of infrastructure and facilities to private and public sectors in Canada, the United States, and internationally.

Finning International

Market Cap: CA$12.6b

Sells, services, and rents heavy equipment, engines, and related products in Canada, Chile, the United Kingdom, Argentina, and internationally.

Definity Financial

Market Cap: CA$9.0b

Offers property and casualty insurance products in Canada.

Exchange Income

Market Cap: CA$7.4b

Engages in aerospace and aviation, and manufacturing markets worldwide.

Energy Fuels

Market Cap: CA$5.1b

Engages in the exploration, recovery, recycling, exploration, operation, development, permitting, evaluation, and sale of uranium mineral properties in the United States.

First Majestic Silver

Market Cap: CA$11.9b

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

Magellan Aerospace

Market Cap: CA$1.8b

Magellan Aerospace Corporation engineers and manufactures aeroengine and aerostructure components for aerospace markets in Canada, the United States, and Europe.