Metals & Mining Valuation Multiples and Public Comps

Metals & Mining

See analyst estimates and all valuation multiples for Metals & Mining

Company	EV	EV/LTM Revenue	EV/LTM EBITDA
BHP Group	$153B	3.0x	5.8x
Rio Tinto Ltd	$150B	2.7x	6.4x
Rio Tinto plc	$126B	2.3x	5.4x
Zijin Mining	$125B	2.5x	11.1x
Southern Copper	$114B	9.1x	15.7x
Glencore	$94.5B	0.4x	7.2x
Newmont	$90.7B	4.3x	7.5x
Howmet Aerospace	$85.9B	10.6x	37.2x
Agnico Eagle Mines	$78.9B	7.1x	10.7x
Maaden	$68.6B	7.0x	17.4x
Grupo México	$67.4B	3.9x	7.2x
Vale	$66.8B	1.7x	4.4x
Freeport-McMoRan	$62.1B	2.5x	6.7x
Barrick Mining	$56.3B	3.6x	5.7x
Nippon Steel	$50.5B	0.8x	7.8x
Anglo American	$47.7B	2.3x	7.2x
CMOC Group	$47.0B	1.5x	8.6x
CMOC Group	$47.0B	1.6x	8.6x
JSW Steel	$44.0B	2.2x	13.4x
Wheaton Precious Metals	$43.7B	22.5x	27.8x
China Hongqiao Group	$43.5B	2.0x	7.0x
Fortescue	$41.2B	2.6x	5.3x
ArcelorMittal	$38.8B	0.6x	5.9x
Nucor	$37.2B	1.1x	8.6x
Antofagasta	$37.0B	4.7x	8.1x
Franco-Nevada	$36.7B	22.6x	25.1x
Gold Fields	$36.1B	4.6x	6.9x
Amman Mineral Internasion	$36.1B	18.7x	37.0x
Anglogold Ashanti	$35.3B	3.9x	6.8x
Bayan Resources	$35.1B	n/a	n/a
Tata Steel	$34.9B	1.4x	9.9x
Yankuang Group	$32.1B	1.8x	6.2x
Shaanxi Coal Industry	$30.7B	1.4x	4.6x
Aluminum Corp of China	$29.3B	0.9x	5.3x
Vedanta	$29.1B	1.6x	5.5x
Kinross Gold	$28.8B	4.3x	7.2x
Shandong Gold Mining	$28.5B	1.9x	9.8x
Baosteel	$25.9B	0.6x	5.9x
Steel Dynamics	$25.2B	1.4x	11.1x
Hindalco	$25.2B	0.9x	6.9x
China Coal	$24.9B	1.1x	4.7x
China Northern Rare Earth	$24.7B	4.5x	39.6x
POSCO Holdings	$24.0B	0.5x	5.3x
Teck Resources	$23.5B	3.0x	8.3x
Coal India	$23.2B	1.4x	4.6x
Hindustan Zinc	$23.1B	5.7x	11.0x
Northern Star Resources	$22.6B	4.9x	9.0x
First Quantum Minerals	$22.3B	4.4x	13.5x
Fresnillo	$20.3B	4.9x	8.8x
Lundin Gold	$17.4B	10.8x	15.1x
Carpenter Technology	$16.8B	5.7x	23.2x
Industrias Penoles	$16.1B	0.1x	0.3x
China Steel	$16.0B	1.5x	15.1x
Reliance	$15.8B	1.1x	11.7x
Lundin Mining	$15.5B	3.9x	8.7x
Royal Gold	$15.4B	15.8x	19.3x
Korea Zinc	$15.2B	1.5x	15.7x
Cerro Verde	$14.9B	3.5x	6.9x
ATI	$14.8B	3.2x	17.9x
Norsk Hydro	$14.8B	0.7x	5.2x
Evolution Mining	$14.7B	4.8x	9.0x
Pan American Silver	$14.3B	4.2x	9.0x
Boliden	$14.3B	1.5x	7.1x
Jindal Steel	$13.9B	2.3x	11.3x
Ivanhoe Mines	$13.3B	33.0x	22.4x
Alamos Gold	$12.7B	7.1x	11.4x
KGHM	$11.8B	1.2x	5.1x
Alcoa	$10.8B	0.9x	5.8x
South Bow	$10.7B	5.3x	10.5x
Mueller Industries	$10.6B	2.6x	n/a
Metlen Energy & Metals	$10.5B	n/a	n/a
Equinox Gold	$10.3B	4.2x	9.6x
Endeavour Mining	$10.0B	1.4x	2.5x
Harmony Gold Mining Co	$9.6B	2.0x	4.6x
Coeur Mining	$9.5B	5.1x	10.2x
Hecla Mining	$9.4B	7.7x	17.6x
MP Materials	$9.4B	33.6x	-1085.4x
Mineral Resources	$8.9B	2.8x	11.8x
South32	$8.9B	1.5x	5.1x
Lynas Rare Earths	$8.9B	18.0x	52.7x
Gerdau	$8.6B	0.7x	4.4x
ESAB	$8.2B	3.0x	15.3x
Companhia Siderurgica	$8.1B	1.0x	4.0x
Iamgold	$8.0B	3.3x	6.3x
Capstone Copper	$7.7B	3.5x	8.6x
Chifeng Jilong Gold	$7.2B	4.3x	8.6x
Hudbay Minerals	$6.9B	3.1x	6.5x
Commercial Metals	$6.8B	0.9x	7.6x
Ternium	$6.6B	0.4x	3.7x
Artemis Gold	$6.0B	10.8x	16.7x
Pilbara Minerals	$5.9B	10.6x	54.2x
OR Royalties	$5.9B	22.8x	26.1x
Triple Flag Precious	$5.9B	16.2x	19.7x
New Gold	$5.8B	4.2x	7.2x
Aurubis	$5.7B	0.3x	8.2x
Eldorado Gold	$5.6B	3.4x	6.7x
Compania De Minas	$5.5B	3.8x	n/a
B2Gold	$5.4B	1.8x	3.1x
Erdemir Demir Ve Celik	$5.3B	1.0x	9.3x
First Majestic Silver	$5.2B	5.0x	10.3x
OceanaGold	$5.1B	3.0x	5.4x
SSAB	$5.1B	0.5x	4.7x
CSN Mineracao	$5.1B	1.7x	4.8x
Sandfire Resources	$4.8B	3.8x	8.2x
EVRAZ	$4.8B	n/a	n/a
Acerinox	$4.6B	0.7x	9.2x
G Mining Ventures	$4.5B	8.7x	12.2x
Minsur	$4.4B	1.7x	2.7x
Genesis Minerals	$4.3B	5.8x	10.9x
Torex Gold Resources	$4.2B	3.2x	5.7x
Constellium	$4.2B	0.5x	6.2x
SSR Mining	$3.9B	2.7x	6.8x
Metalurgica Gerdau	$3.9B	n/a	n/a
Ramelius Resources	$3.8B	5.1x	7.6x
Merdeka Gold Resources	$3.8B	n/a	n/a
Minera Frisco	$3.8B	n/a	n/a
Eramet	$3.7B	1.0x	9.7x
Century Aluminum	$3.6B	1.4x	9.0x
Peabody Energy	$3.5B	0.9x	6.9x
Perseus Mining	$3.5B	2.7x	4.8x
Capricorn Metals	$3.5B	9.2x	15.1x
NGEx Minerals	$3.4B	n/a	-47.1x
Orla Mining	$3.4B	3.9x	7.2x
Westgold Resources	$3.3B	3.1x	6.8x
K92 Mining	$3.1B	5.7x	8.2x
Grupo Simec	$3.0B	n/a	n/a
Nanshan Aluminium Intl	$3.0B	n/a	n/a
Regis Resources	$2.9B	2.5x	4.9x
Compania Minera Poderosa	$2.8B	n/a	n/a
Grupa Kęty	$2.8B	1.8x	10.1x
Ero Copper	$2.8B	3.8x	7.4x
Nickel Industries	$2.8B	1.7x	9.1x
Vault Minerals	$2.8B	2.8x	6.3x
Seabridge Gold	$2.6B	n/a	-198.2x
Kaiser Aluminum	$2.6B	0.8x	9.1x
CAP	$2.6B	1.4x	5.4x
Salzgitter	$2.6B	0.2x	6.3x
Greatland Resources	$2.6B	3.1x	6.0x
Greatland Resources	$2.6B	6.3x	12.2x
Jiaxin International Res	$2.5B	n/a	n/a
thyssenkrupp	$2.5B	0.1x	1.6x
Iskenderun Demir ve Celik	$2.5B	n/a	n/a
Aluar Aluminio Argentino	$2.4B	n/a	n/a
Champion Iron	$2.4B	2.0x	6.9x
Sims	$2.4B	0.5x	8.2x
Liontown Resources	$2.4B	10.2x	88.4x
West African Resources	$2.3B	2.6x	4.3x
Perpetua Resources	$2.3B	n/a	n/a
Outokumpu	$2.3B	0.4x	11.7x
Fortuna Mining	$2.3B	2.2x	3.8x
IGO	$2.2B	7.2x	145.6x
TMC The Metals Co	$2.2B	n/a	-32.9x
Endeavour Silver	$2.2B	5.5x	25.2x
Nexa Res	$2.2B	0.8x	3.2x
Industrias Ch	$2.1B	1.1x	4.8x
Iluka Resources	$2.1B	3.3x	9.6x
Elvalhalcor	$2.1B	0.5x	7.1x
Emerald Resources	$2.1B	6.4x	11.7x
AVZ Minerals	$2.0B	n/a	n/a
Alleima	$2.0B	1.0x	8.1x
Granges	$2.0B	0.7x	7.8x
Skeena Resources	$1.9B	n/a	n/a
Invercap	$1.9B	n/a	n/a
Worthington Steel	$1.9B	0.6x	7.7x
Koza Altin Izletmeleri	$1.8B	n/a	n/a
Almasane Alkobra Mining	$1.7B	6.6x	11.5x
Centerra Gold	$1.7B	1.3x	3.8x
International Gemological Institute	$1.7B	12.4x	21.1x
Ternium Argentina	$1.6B	n/a	n/a
AMG Critical Materials	$1.5B	0.9x	7.0x
Compass Minerals Intl	$1.5B	1.2x	7.6x
Usinas Siderurgicas	$1.4B	0.3x	3.9x
AMAG Austria Metall	$1.4B	0.9x	9.4x
Ora Banda Mining	$1.4B	3.7x	7.6x
Volcan Compania Minera	$1.3B	n/a	n/a
Resolute Mining	$1.3B	1.4x	3.1x
Critical Metals	$1.3B	n/a	-63.3x
JSW S.A.	$1.3B	0.4x	-4.0x
Bellevue Gold	$1.2B	3.3x	7.5x
Companhia Brasileira de	$1.2B	0.7x	5.2x
Atalaya Mining Copper	$1.2B	2.4x	6.8x
Pantoro Gold	$1.2B	4.2x	7.4x
Molibdenos y Metales	$1.2B	n/a	n/a
Sociedad Punta del Cobre	$1.1B	n/a	n/a
Solaris Resources	$1.1B	n/a	-21.1x
Corporacion Aceros	$1.1B	n/a	n/a
Catalyst Metals	$1.0B	3.1x	6.5x
Paranapanema	$1.0B	n/a	n/a
Mineros	$1.0B	1.5x	n/a
Tubacex	$945M	1.1x	7.1x
Cia Electro Metalurgica	$943M	n/a	n/a
McEwen	$935M	4.5x	9.5x
Algoma Steel Group	$925M	n/a	n/a
SolGold	$919M	n/a	-60.9x
Troax Group	$910M	2.9x	16.1x
KME Group	$903M	n/a	n/a
Alkane Resources	$902M	3.1x	7.0x
Lithium Americas	$896M	n/a	-29.7x
BCI Minerals	$890M	n/a	-27.0x
Predictive Discovery	$884M	n/a	-99.1x
Kardemir Karabuk Demir	$866M	0.6x	7.1x
Honbridge Holdings	$848M	n/a	n/a
Ferroglobe	$812M	0.6x	12.2x
Brazilian Rare Earths	$802M	3231.2x	-36.0x
Develop Global	$782M	4.0x	19.5x
Kingsgate Consolidated	$781M	2.8x	7.6x
Lithium Argentina	$781M	n/a	-26.4x
Osisko Development	$758M	n/a	n/a
Tupy	$745M	0.4x	4.6x
Izmir Demir Celik Sanayi	$744M	n/a	n/a
Sigma Lithium	$737M	4.9x	91.5x
NWPX Infrastructure	$696M	1.3x	10.2x
WA1 Resources	$687M	n/a	-76.7x
CVK Maden Isletmeleri	$681M	n/a	n/a
Coronado Global Resources	$670M	0.3x	-21.0x
NioCorp Developments	$665M	n/a	-44.7x
Olympic Steel	$660M	0.3x	9.6x
FireFly Metals	$649M	n/a	-82.8x
Kocaer Celik Sanayi ve	$615M	n/a	n/a
Hycroft Mining Holding	$614M	43.8x	-17.8x
Nexa Resources Peru	$610M	n/a	n/a
Alro	$588M	n/a	n/a
Dateline Resources	$557M	n/a	n/a
Cognor Holding	$544M	0.9x	28.1x
Arafura Rare Earths	$541M	n/a	-17.7x
Sociedad Minera El Brocal	$535M	n/a	n/a
Metallus	$535M	0.5x	6.1x
Mennica Polska	$503M	n/a	n/a
Syrah Resources	$483M	12.8x	-8.5x
ACG Metals	$465M	3.9x	8.0x
Focus Minerals	$447M	n/a	n/a
Metals Exploration	$436M	2.1x	3.4x
Magnetic Resources	$435M	5269.0x	-53.9x
Ecora Resources	$431M	7.8x	10.8x
Ferbasa	$429M	n/a	n/a
Black Cat Syndicate	$427M	17.6x	n/a
Pensana	$423M	n/a	n/a
Santana Minerals	$412M	n/a	-92.5x
Chalice Mining	$400M	19635.9x	-28.6x
29Metals	$400M	1.1x	5.7x
Minerals 260	$384M	n/a	-35.5x
Endomines Finland	$362M	6.8x	15.7x
Tubos Reunidos	$361M	n/a	n/a
Ferrexpo	$358M	0.4x	9.2x
Meridian Mining UK	$356M	n/a	-27.6x
Aclara Resources	$355M	n/a	-49.8x
Meeka Metals	$354M	5.6x	9.4x
AltynGold	$353M	n/a	n/a
Nouveau Monde Graphite	$349M	n/a	n/a
St Barbara	$348M	2.1x	334.3x
Sunrise Energy Metals	$348M	-207.9x	-35.5x
Visne Madencilik	$345M	n/a	n/a
Jupiter Mines	$342M	70.5x	10.4x
Energy Resources	$341M	n/a	n/a
Larvotto Resources	$340M	571.3x	n/a
Empire Metals	$338M	n/a	n/a
Cintac	$324M	n/a	n/a
Lifezone Metals	$322M	886.3x	-7.3x
Metro Mining	$319M	1.3x	5.3x
Lindian Resources	$318M	1762.7x	-78.0x
Metals X	$316M	1.8x	n/a
Central Asia Metals	$315M	1.4x	3.3x
Meteoric Resources	$310M	599.0x	-17.4x
Aeris Resources	$308M	0.8x	2.5x
Wia Gold	$292M	3528.9x	-75.8x
Tharisa	$287M	0.5x	2.4x
Compania Minera Autlan	$286M	0.9x	7.3x
Turaco Gold	$282M	n/a	-22.8x
Metallium	$279M	n/a	n/a
Sociedad Minera Corona	$278M	n/a	n/a
Vox Royalty	$266M	18.1x	35.6x
Sherritt	$262M	2.3x	19.3x
Guardian Metal Resources	$261M	n/a	-67.0x
Rana Gruber	$259M	1.6x	4.4x
Ioneer	$252M	622.4x	-30.5x
Lotus Resources	$251M	14.1x	-25.1x
Tivan	$243M	n/a	n/a
Core Lithium	$237M	46035.8x	-21.6x
Nova Minerals	$230M	n/a	n/a
Nordic Mining	$229M	23.5x	-14.0x
Strickland Metals	$226M	n/a	-68.3x
Fenix Resources	$222M	0.8x	4.1x
Serabi Gold	$219M	1.6x	3.4x
Gruvaktiebolaget Viscaria	$219M	n/a	-42.3x
New Murchison Gold	$218M	13.7x	65.8x
Northern Minerals	$218M	203.3x	-16.2x
AIC Mines	$217M	1.6x	4.7x
Silver Mines	$217M	n/a	n/a
Astron	$214M	29.1x	-82.6x
Ausgold	$212M	845.1x	n/a
Ramada Investimentos	$210M	15.5x	18.7x
Foraco Intl	$210M	0.8x	4.4x
U.S. Gold	$208M	n/a	-19.8x
Antipa Minerals	$207M	222.9x	-34.6x
Andean Silver	$204M	349.9x	n/a
Sovereign Metals	$204M	n/a	-9.6x
ST George Mining	$201M	2232.5x	-25.8x
Canyon Resources	$198M	159.4x	-26.7x
Kore Potash	$198M	n/a	n/a
Bravo Mining	$196M	n/a	-765.7x
Tribune Resources	$195M	n/a	n/a
European Lithium	$192M	n/a	n/a
Challenger Gold	$185M	n/a	n/a
Friedman Indus	$182M	n/a	n/a
Aurelia Metals	$181M	0.8x	2.3x
Unico Silver	$180M	n/a	n/a
KEFI Gold and Copper	$180M	n/a	-26.8x
Largo	$180M	1.4x	-180.4x
Warriedar Resources	$178M	846.6x	n/a
Brightstar Resources	$178M	3.0x	9.7x
Gorilla Gold Mines	$172M	n/a	n/a
Polymetals Resources	$168M	182096.2x	n/a
Rox Resources	$168M	167.2x	-13.9x
Alcomet	$164M	n/a	n/a
Beacon Minerals	$162M	2.3x	14.6x
Barton Gold Holdings	$160M	43.6x	-54.3x
Astral Resources	$160M	486.8x	-44.5x
Mangata Holding	$160M	0.7x	5.3x
Hastings Tech Metals	$156M	n/a	-34.0x
Saturn Metals	$155M	802.4x	n/a
Jubilee Metals Group	$154M	n/a	n/a
PanAtlantica	$151M	n/a	n/a
Medallion Metals	$151M	n/a	-58.1x
Brockman Mining	$147M	n/a	n/a
Gulf Island Fabrication	$147M	1.0x	16.3x
Rainbow Rare Earths	$147M	n/a	-42.9x
GreenX Metals	$147M	n/a	n/a
Electra Battery Materials	$145M	n/a	n/a
Cyprium Metals	$145M	223.1x	-12.0x
Antioquia Gold	$145M	n/a	n/a
American Rare Earths	$144M	n/a	n/a
Encounter Resources	$141M	344.7x	-113.9x
EQ Resources	$141M	n/a	n/a
Odyssey Marine Explr	$141M	n/a	n/a
Broken Hill Mines	$138M	2.2x	7.9x
Ecograf	$138M	n/a	n/a
Centaurus Metals	$137M	n/a	-15.2x
Waratah Minerals	$136M	n/a	-19.3x
ZJK Industrial	$135M	n/a	n/a
Wildcat resources	$134M	212.7x	-15.6x
Eurasia Mining	$132M	10.5x	n/a
Unior Kovaska industrija	$131M	n/a	n/a
Hongli Group	$131M	n/a	n/a
Stalprodukt	$129M	0.1x	1.9x
US Goldmining	$127M	n/a	n/a
Felix Gold	$123M	n/a	n/a
BE Group	$122M	n/a	n/a
Grange Resources	$118M	n/a	n/a
Theta Gold Mines	$118M	n/a	n/a
West Wits Mining	$117M	n/a	n/a
GBM Resources	$117M	n/a	n/a
Asturiana de Laminados	$117M	n/a	n/a
Gateway Mining	$117M	n/a	n/a
MC Mining	$116M	n/a	n/a
Emmerson Resources	$116M	n/a	n/a
HAKI Safety	$116M	0.9x	6.4x
Orion Minerals	$115M	608.0x	-176.3x
Red Hill Minerals	$115M	n/a	n/a
Dreadnought Resources	$113M	402.6x	n/a
Sun Silver	$112M	n/a	n/a
Minera IRL	$111M	n/a	n/a
Mangels Industrial	$111M	n/a	n/a
ProfilGruppen	$111M	n/a	n/a
Aurum Resources	$110M	n/a	n/a
Echelon Resources	$109M	n/a	n/a
Quantum Graphite	$106M	n/a	n/a
Izostal	$105M	n/a	n/a
Toubani Resources	$104M	n/a	-24.8x
Galan Lithium	$102M	2015.5x	-16.1x
African Gold	$100M	n/a	n/a
Burgundy Diamond Mines	$99.1M	0.2x	1.0x
Elastron	$96.9M	n/a	n/a
FST	$96.9M	n/a	n/a
Ardea Resources	$93.7M	n/a	n/a
Hot Chili	$93.6M	467.1x	n/a
Horizon Minerals	$91.9M	1.7x	n/a
Kaiser Reef	$90.6M	1.5x	4.7x
Golden Horse Minerals	$90.2M	n/a	n/a
Victory Metals	$89.3M	n/a	n/a
Sunstone Metals	$89.1M	n/a	-56.1x
Atlas Lithium	$89.0M	n/a	n/a
Terramin Australia	$88.1M	n/a	n/a
Energy Transition	$86.0M	n/a	n/a
Tesoro Gold	$85.9M	n/a	n/a
Viridis Mining	$85.3M	4676.0x	-28.7x
Trigg Minerals	$83.8M	n/a	n/a
Namib Minerals	$83.2M	n/a	n/a
Scully Royalty	$83.2M	n/a	n/a
Rand Mining	$82.6M	n/a	n/a
Ascent Industries	$82.2M	0.5x	n/a
Pulsar Helium	$80.3M	n/a	-9.6x
Falcon Metals	$79.8M	n/a	n/a
Akobo Minerals	$79.7M	n/a	n/a
MFO	$79.7M	n/a	n/a
Horizon Gold	$79.3M	n/a	n/a
Impol Seval	$78.1M	n/a	n/a
Osmond Resources	$78.0M	n/a	n/a
Anson Resources	$77.9M	n/a	n/a
Torque Metals	$77.0M	n/a	n/a
Alara Resources	$77.0M	n/a	n/a
Kingston Resources	$76.8M	2.5x	n/a
Makstil	$76.3M	n/a	n/a
Hillgrove Resources	$75.7M	0.7x	3.5x
Aspire Mining	$73.3M	n/a	n/a
Prospect Resources	$73.1M	882.7x	-15.9x
Mindax	$73.1M	n/a	n/a
KGL Resources	$68.5M	n/a	n/a
AGES Industri	$65.2M	0.4x	n/a
Native Mineral Resources	$64.8M	n/a	n/a
NexMetals Mining	$63.8M	n/a	n/a
Aldoro Resources	$62.5M	n/a	n/a
Afarak Group	$61.6M	n/a	n/a
Locksley Resources	$58.5M	n/a	n/a
Matsa Resources	$57.6M	n/a	n/a
Renascor Resources	$57.5M	17.8x	n/a
Installux	$56.6M	n/a	n/a
Sotkamo Silver	$56.5M	0.1x	0.5x
Lion Rock Minerals	$53.6M	n/a	n/a
Austral Resources	$52.5M	n/a	n/a
Componenta	$52.0M	0.4x	4.9x
Botnia Gold	$46.9M	7.7x	n/a
Mawson Finland	$45.8M	n/a	n/a
Blackstone Minerals	$44.7M	95.3x	-10.3x
Adyton Resources	$41.0M	n/a	n/a
ZBM ZREMB-Chojnice	$39.4M	n/a	n/a
Wishbone Gold	$39.3M	n/a	n/a
Odlewnie Polskie	$35.9M	n/a	n/a
Euromax Resources	$29.5M	n/a	n/a
Fabryki Sprzetu I	$29.1M	n/a	n/a
Nordic Iron Ore	$27.4M	n/a	n/a
Liberti Skopje	$26.4M	n/a	n/a
Drillcon	$23.9M	n/a	n/a
Bowim	$22.2M	n/a	n/a
Lappland	$20.8M	n/a	n/a
Alumil Rom Industry	$19.3M	n/a	n/a
Pearl Gold	$18.0M	n/a	n/a
Mingteng International	$16.3M	n/a	n/a
PGF Polska Grupa	$14.1M	n/a	n/a
Bluelake Mineral	$13.5M	n/a	n/a
Coil	$13.3M	n/a	n/a
Cell Impact	$12.7M	3.2x	-1.8x
Mahvie Minerals	$10.3M	n/a	n/a
Gold By Gold	$7.9M	n/a	n/a
Eurobattery Minerals	$6.7M	n/a	n/a
Precomp Solutions	$6.4M	n/a	n/a
Lovisagruvan	$6.1M	n/a	n/a
Nordic Flanges Group	$5.7M	0.2x	10.0x
Green Minerals	$3.3M	n/a	n/a
Galvo	$3.3M	n/a	n/a
EKOPOL Gornoslaski	$2.1M	n/a	n/a
Africa Resources	$1.1M	n/a	n/a
Amnode	$0.6M	n/a	n/a
Zamet	-$5.7M	n/a	n/a