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
Rio Tinto Ltd	$148B	2.7x	6.3x
BHP Group	$145B	2.8x	5.5x
Rio Tinto plc	$127B	2.3x	5.5x
Zijin Mining	$118B	2.3x	10.1x
Southern Copper	$104B	8.3x	14.2x
Newmont	$90.8B	4.2x	7.3x
Glencore	$90.5B	0.4x	6.9x
Howmet Aerospace	$82.2B	10.1x	35.2x
Agnico Eagle Mines	$78.3B	7.0x	10.5x
Maaden	$69.9B	7.1x	17.4x
Vale	$67.3B	1.8x	4.4x
Grupo México	$63.7B	3.6x	6.6x
Freeport-McMoRan	$62.2B	2.5x	6.7x
Barrick Mining	$61.4B	3.9x	6.2x
Nippon Steel	$49.7B	0.8x	7.8x
Zijin Gold	$47.2B	n/a	n/a
Anglo American	$46.7B	2.3x	7.2x
Wheaton Precious Metals	$43.9B	22.0x	27.1x
CMOC Group	$43.1B	1.4x	7.6x
CMOC Group	$43.1B	1.4x	7.6x
JSW Steel	$43.1B	2.1x	13.1x
Fortescue	$40.9B	2.6x	5.3x
Anglogold Ashanti	$40.1B	4.3x	7.6x
China Hongqiao Group	$40.0B	1.8x	6.3x
ArcelorMittal	$39.0B	0.6x	5.9x
Nucor	$39.0B	1.2x	9.0x
Franco-Nevada	$36.6B	22.1x	24.6x
Gold Fields	$36.0B	4.4x	6.6x
Antofagasta	$34.9B	4.4x	7.6x
Bayan Resources	$34.8B	n/a	n/a
Amman Mineral Internasion	$33.6B	20.6x	42.5x
Tata Steel	$33.3B	1.3x	9.4x
Yankuang Group	$30.2B	1.7x	5.9x
Shaanxi Coal Industry	$29.1B	1.3x	4.3x
Kinross Gold	$28.9B	4.3x	7.1x
Aluminum Corp of China	$28.7B	0.9x	5.2x
Shandong Gold Mining	$28.5B	1.9x	9.6x
Vedanta	$28.2B	1.6x	5.3x
Steel Dynamics	$26.1B	1.4x	11.5x
Hindalco	$24.9B	0.9x	6.6x
Baosteel	$24.8B	0.6x	5.5x
POSCO Holdings	$24.2B	0.5x	5.4x
Northern Star Resources	$23.5B	5.0x	9.2x
Coal India	$23.4B	1.5x	4.7x
China Coal	$23.1B	1.0x	4.3x
Teck Resources	$22.9B	3.0x	8.2x
China Northern Rare Earth	$22.6B	4.1x	35.5x
Hindustan Zinc	$22.3B	5.5x	10.6x
First Quantum Minerals	$21.7B	4.3x	13.1x
Fresnillo	$21.1B	5.1x	9.0x
Lundin Gold	$18.4B	10.9x	15.6x
Korea Zinc	$16.4B	1.5x	16.8x
Industrias Penoles	$16.3B	0.1x	0.3x
Royal Gold	$16.2B	16.4x	20.0x
Carpenter Technology	$15.9B	5.4x	21.7x
Reliance	$15.8B	1.1x	11.7x
China Steel	$15.6B	1.5x	15.5x
Pan American Silver	$15.5B	4.5x	9.5x
Lundin Mining	$15.2B	3.8x	8.5x
Cerro Verde	$14.9B	3.5x	6.6x
Norsk Hydro	$14.8B	0.7x	5.2x
Evolution Mining	$14.7B	4.8x	8.9x
ATI	$14.6B	3.2x	17.5x
Boliden	$14.0B	1.5x	7.0x
Jindal Steel	$13.5B	2.3x	11.0x
Alamos Gold	$13.5B	7.4x	11.9x
Ivanhoe Mines	$12.8B	30.9x	21.9x
KGHM	$11.9B	1.2x	5.1x
South Bow	$11.0B	5.5x	10.7x
Metlen Energy & Metals	$10.7B	n/a	n/a
Mueller Industries	$10.5B	2.5x	n/a
Equinox Gold	$10.5B	4.2x	9.7x
Alcoa	$10.5B	0.8x	5.6x
Endeavour Mining	$10.5B	1.4x	2.6x
Harmony Gold Mining Co	$10.0B	2.1x	4.6x
Mineral Resources	$9.7B	3.1x	12.4x
Lynas Rare Earths	$9.6B	19.1x	54.1x
Hecla Mining	$9.1B	7.2x	16.3x
Coeur Mining	$9.1B	4.7x	9.5x
South32	$8.9B	1.5x	5.2x
MP Materials	$8.9B	32.8x	-1226.4x
Companhia Siderurgica	$8.7B	1.1x	4.2x
Gerdau	$8.4B	0.6x	4.3x
Iamgold	$8.2B	3.2x	6.3x
Pilbara Minerals	$7.9B	13.6x	60.6x
ESAB	$7.7B	2.8x	14.3x
Chifeng Jilong Gold	$7.4B	4.3x	8.7x
Capstone Copper	$7.0B	3.1x	7.6x
Commercial Metals	$6.9B	0.9x	7.5x
Ternium	$6.5B	0.4x	3.7x
Hudbay Minerals	$6.4B	2.9x	5.9x
Triple Flag Precious	$6.1B	16.8x	20.4x
OR Royalties	$6.0B	22.7x	26.3x
Artemis Gold	$5.9B	10.3x	16.0x
Eldorado Gold	$5.7B	3.4x	6.8x
New Gold	$5.6B	4.0x	6.8x
Compania De Minas	$5.5B	3.7x	n/a
Aurubis	$5.4B	0.3x	7.8x
B2Gold	$5.4B	1.8x	3.1x
SSAB	$5.3B	0.5x	4.9x
First Majestic Silver	$5.1B	4.7x	9.9x
Erdemir Demir Ve Celik	$5.0B	1.0x	9.1x
OceanaGold	$4.9B	2.8x	5.1x
CSN Mineracao	$4.9B	1.6x	4.6x
EVRAZ	$4.7B	n/a	n/a
Acerinox	$4.7B	0.7x	9.5x
Sandfire Resources	$4.6B	3.6x	7.7x
Genesis Minerals	$4.5B	5.9x	11.0x
G Mining Ventures	$4.5B	8.5x	11.7x
Minsur	$4.4B	1.7x	2.7x
Torex Gold Resources	$4.2B	3.2x	5.6x
Constellium	$4.1B	0.5x	6.1x
SSR Mining	$4.0B	2.7x	7.4x
Orla Mining	$4.0B	4.4x	8.3x
Minera Frisco	$3.9B	n/a	n/a
Metalurgica Gerdau	$3.9B	n/a	n/a
Perseus Mining	$3.8B	2.8x	5.1x
Ramelius Resources	$3.7B	5.1x	7.6x
Eramet	$3.6B	1.0x	9.5x
Capricorn Metals	$3.5B	9.3x	15.1x
Merdeka Gold Resources	$3.4B	n/a	n/a
NGEx Minerals	$3.4B	n/a	-45.2x
Westgold Resources	$3.3B	3.0x	6.5x
Liontown Resources	$3.2B	13.1x	91.1x
K92 Mining	$3.1B	5.7x	7.9x
Grupo Simec	$3.0B	n/a	n/a
Peabody Energy	$3.0B	0.8x	6.0x
Century Aluminum	$3.0B	1.2x	7.4x
Regis Resources	$3.0B	2.5x	4.8x
IGO	$3.0B	9.6x	116.8x
Ero Copper	$2.8B	3.8x	7.3x
Nickel Industries	$2.8B	1.7x	9.2x
Seabridge Gold	$2.8B	n/a	-256.2x
Grupa Kęty	$2.8B	1.7x	9.9x
Nanshan Aluminium Intl	$2.6B	n/a	n/a
CAP	$2.6B	1.4x	5.5x
Koza Altin Izletmeleri	$2.6B	n/a	n/a
Salzgitter	$2.6B	0.2x	6.7x
Kaiser Aluminum	$2.5B	0.8x	8.9x
Compania Minera Poderosa	$2.5B	n/a	n/a
Greatland Resources	$2.5B	3.0x	5.7x
Greatland Resources	$2.5B	6.0x	11.6x
Aluar Aluminio Argentino	$2.4B	n/a	n/a
West African Resources	$2.3B	2.5x	4.0x
Champion Iron	$2.3B	1.9x	6.6x
Nexa Res	$2.3B	0.8x	3.4x
Outokumpu	$2.3B	0.4x	12.0x
Fortuna Mining	$2.3B	2.2x	3.8x
Iskenderun Demir ve Celik	$2.3B	n/a	n/a
Perpetua Resources	$2.3B	n/a	n/a
Sims	$2.2B	0.5x	7.7x
Endeavour Silver	$2.2B	5.2x	28.3x
Industrias Ch	$2.2B	1.1x	4.8x
Elvalhalcor	$2.1B	0.5x	7.1x
thyssenkrupp	$2.1B	0.1x	1.4x
Jiaxin International Res	$2.1B	n/a	n/a
Iluka Resources	$2.1B	3.3x	9.8x
Skeena Resources	$2.1B	n/a	n/a
Alleima	$2.1B	1.0x	8.2x
Emerald Resources	$2.0B	6.2x	11.2x
AVZ Minerals	$2.0B	n/a	n/a
TMC The Metals Co	$2.0B	n/a	-23.9x
Invercap	$1.9B	n/a	n/a
Granges	$1.9B	0.7x	7.6x
Worthington Steel	$1.9B	0.6x	7.8x
Almasane Alkobra Mining	$1.8B	6.7x	11.7x
Centerra Gold	$1.8B	1.4x	3.9x
Ternium Argentina	$1.7B	n/a	n/a
AMG Critical Materials	$1.5B	0.9x	7.0x
International Gemological Institute	$1.5B	11.3x	19.3x
Compass Minerals Intl	$1.5B	1.2x	7.6x
Lithium Americas	$1.5B	n/a	-45.3x
Resolute Mining	$1.4B	1.6x	3.5x
AMAG Austria Metall	$1.4B	0.9x	9.7x
Ora Banda Mining	$1.4B	3.8x	7.5x
Usinas Siderurgicas	$1.4B	0.3x	3.7x
Bellevue Gold	$1.3B	3.3x	7.3x
Volcan Compania Minera	$1.3B	n/a	n/a
Sigma Lithium	$1.2B	8.3x	132.5x
JSW S.A.	$1.2B	0.4x	-3.5x
Molibdenos y Metales	$1.2B	n/a	n/a
Companhia Brasileira de	$1.2B	0.7x	5.2x
Sociedad Punta del Cobre	$1.2B	n/a	n/a
Pantoro Gold	$1.1B	3.9x	6.9x
Solaris Resources	$1.1B	n/a	-21.6x
Atalaya Mining Copper	$1.1B	2.2x	6.2x
Corporacion Aceros	$1.1B	n/a	n/a
Mineros	$1.1B	1.5x	n/a
Catalyst Metals	$1.0B	3.0x	6.2x
Paranapanema	$1.0B	n/a	n/a
SolGold	$989M	n/a	-65.6x
Lithium Argentina	$956M	n/a	-10.1x
Cia Electro Metalurgica	$939M	n/a	n/a
McEwen	$931M	4.6x	11.4x
Tubacex	$930M	1.1x	7.1x
Predictive Discovery	$912M	n/a	-100.9x
Troax Group	$908M	2.9x	16.3x
KME Group	$895M	n/a	n/a
BCI Minerals	$894M	n/a	-27.2x
Algoma Steel Group	$879M	n/a	n/a
Kardemir Karabuk Demir	$840M	0.6x	6.5x
Critical Metals	$832M	n/a	-41.6x
Ferroglobe	$818M	0.6x	25.9x
Honbridge Holdings	$810M	n/a	n/a
Alkane Resources	$800M	2.6x	5.9x
Hycroft Mining Holding	$772M	55.1x	-22.7x
Develop Global	$750M	3.8x	17.7x
Izmir Demir Celik Sanayi	$734M	n/a	n/a
Brazilian Rare Earths	$728M	4039.4x	-33.4x
Tupy	$719M	0.4x	4.1x
Kingsgate Consolidated	$707M	2.5x	6.7x
Olympic Steel	$681M	0.4x	9.1x
WA1 Resources	$673M	n/a	-134.0x
NWPX Infrastructure	$667M	1.3x	9.8x
FireFly Metals	$650M	n/a	-91.9x
Nexa Resources Peru	$602M	n/a	n/a
Osisko Development	$601M	n/a	n/a
Dateline Resources	$589M	n/a	n/a
Alro	$588M	n/a	n/a
Coronado Global Resources	$582M	0.3x	-9.6x
CVK Maden Isletmeleri	$579M	n/a	n/a
Kocaer Celik Sanayi ve	$578M	n/a	n/a
Arafura Rare Earths	$538M	n/a	-17.7x
Sociedad Minera El Brocal	$527M	n/a	n/a
Metallus	$498M	0.4x	5.8x
ACG Metals	$489M	4.1x	8.3x
Cognor Holding	$485M	0.8x	26.2x
Syrah Resources	$469M	12.8x	-7.5x
Mennica Polska	$469M	n/a	n/a
NioCorp Developments	$456M	n/a	-30.7x
Focus Minerals	$433M	n/a	n/a
Ecora Resources	$425M	7.8x	10.7x
Black Cat Syndicate	$425M	17.6x	n/a
Ferbasa	$415M	n/a	n/a
Magnetic Resources	$409M	5309.4x	-51.5x
Ferrexpo	$395M	0.4x	13.5x
Metals Exploration	$395M	2.0x	3.3x
Santana Minerals	$394M	n/a	-94.4x
Minerals 260	$388M	n/a	-35.1x
Chalice Mining	$381M	5891.6x	-26.5x
Pensana	$376M	n/a	n/a
Endomines Finland	$372M	6.9x	15.7x
Meeka Metals	$370M	5.3x	8.9x
Core Lithium	$364M	2124.7x	-35.7x
29Metals	$358M	1.0x	5.0x
Larvotto Resources	$357M	588.1x	n/a
AltynGold	$357M	n/a	n/a
Tubos Reunidos	$356M	n/a	n/a
Nouveau Monde Graphite	$355M	n/a	n/a
Meridian Mining UK	$355M	n/a	-28.3x
St Barbara	$354M	2.1x	89.9x
Lindian Resources	$342M	1911.1x	n/a
Energy Resources	$339M	n/a	n/a
Lifezone Metals	$338M	435.1x	-19.8x
Aclara Resources	$337M	n/a	-47.8x
Tivan	$335M	n/a	n/a
Cintac	$331M	n/a	n/a
Jupiter Mines	$321M	68.4x	11.3x
Central Asia Metals	$318M	1.5x	3.3x
Aeris Resources	$317M	0.8x	2.5x
Wia Gold	$314M	4061.9x	-82.8x
Sunrise Energy Metals	$310M	-167.1x	-32.5x
Metro Mining	$305M	1.2x	5.0x
Metals X	$294M	1.7x	n/a
Tharisa	$292M	0.5x	2.4x
Turaco Gold	$290M	n/a	-23.5x
Compania Minera Autlan	$282M	0.9x	7.2x
Visne Madencilik	$281M	n/a	n/a
Nova Minerals	$278M	n/a	n/a
Metallium	$277M	n/a	n/a
Vox Royalty	$276M	18.4x	32.7x
Empire Metals	$274M	n/a	n/a
Sociedad Minera Corona	$267M	n/a	n/a
Meteoric Resources	$266M	549.2x	-15.1x
Sherritt	$265M	2.4x	20.2x
Rana Gruber	$260M	1.7x	4.6x
Ioneer	$259M	684.7x	-30.1x
Strickland Metals	$247M	n/a	-76.4x
Bravo Mining	$241M	n/a	-1290.2x
Nordic Mining	$238M	41.7x	-10.5x
New Murchison Gold	$230M	9.7x	23.1x
Friedman Indus	$227M	n/a	n/a
Serabi Gold	$223M	1.6x	3.4x
Lotus Resources	$223M	11.5x	-22.9x
Silver Mines	$222M	n/a	n/a
ST George Mining	$218M	2593.3x	-29.4x
Antipa Minerals	$216M	206.2x	-27.3x
Guardian Metal Resources	$216M	n/a	-53.9x
Foraco Intl	$216M	0.8x	4.4x
Canyon Resources	$212M	154.8x	-28.5x
Ausgold	$211M	899.1x	n/a
Ramada Investimentos	$209M	15.4x	18.5x
Astron	$209M	28.4x	-80.9x
Gruvaktiebolaget Viscaria	$203M	n/a	-39.0x
Fenix Resources	$203M	0.7x	3.7x
U.S. Gold	$201M	n/a	-19.8x
AIC Mines	$200M	1.5x	4.3x
Warriedar Resources	$199M	951.2x	n/a
Tribune Resources	$198M	n/a	n/a
Andean Silver	$194M	356.4x	n/a
Wildcat resources	$190M	317.7x	-18.3x
Kore Potash	$186M	n/a	n/a
Northern Minerals	$185M	185.5x	-14.2x
KEFI Gold and Copper	$178M	n/a	-26.9x
Challenger Gold	$176M	n/a	n/a
Eurasia Mining	$174M	13.8x	n/a
Astral Resources	$173M	564.4x	-48.1x
Sovereign Metals	$173M	n/a	-9.3x
Largo	$173M	1.5x	-173.2x
Polymetals Resources	$171M	185855.0x	n/a
Galan Lithium	$168M	202.8x	-29.9x
Alcomet	$165M	n/a	n/a
Aurelia Metals	$164M	0.7x	2.1x
Beacon Minerals	$161M	2.2x	14.2x
Gorilla Gold Mines	$158M	n/a	n/a
Rainbow Rare Earths	$157M	n/a	-46.5x
Unico Silver	$154M	n/a	-22.5x
Mangata Holding	$154M	0.7x	5.0x
Jubilee Metals Group	$153M	n/a	n/a
Hastings Tech Metals	$152M	n/a	-32.8x
Barton Gold Holdings	$150M	43.6x	-47.5x
GreenX Metals	$149M	n/a	n/a
EQ Resources	$149M	n/a	n/a
Saturn Metals	$146M	760.2x	n/a
Rox Resources	$145M	144.3x	-12.4x
Antioquia Gold	$145M	n/a	n/a
Gulf Island Fabrication	$144M	0.9x	16.3x
Brightstar Resources	$144M	2.3x	7.1x
European Lithium	$142M	n/a	n/a
American Rare Earths	$141M	n/a	n/a
Medallion Metals	$140M	n/a	-54.9x
Centaurus Metals	$140M	n/a	-15.8x
ZJK Industrial	$139M	n/a	n/a
Broken Hill Mines	$137M	2.1x	7.0x
PanAtlantica	$136M	n/a	n/a
Ecograf	$133M	n/a	n/a
Cyprium Metals	$133M	79.2x	-13.4x
Stalprodukt	$132M	0.1x	2.0x
Brockman Mining	$132M	n/a	n/a
Unior Kovaska industrija	$131M	n/a	n/a
Electra Battery Materials	$129M	n/a	n/a
BE Group	$124M	n/a	n/a
Gateway Mining	$123M	n/a	n/a
Hongli Group	$120M	n/a	n/a
Horizon Minerals	$118M	2.1x	n/a
MC Mining	$118M	n/a	n/a
Felix Gold	$117M	n/a	n/a
Encounter Resources	$117M	305.5x	-94.3x
Toubani Resources	$116M	n/a	-27.7x
US Goldmining	$116M	n/a	n/a
Red Hill Minerals	$116M	n/a	n/a
NexMetals Mining	$115M	n/a	n/a
Theta Gold Mines	$114M	n/a	n/a
HAKI Safety	$114M	0.9x	6.2x
Asturiana de Laminados	$112M	n/a	n/a
Orion Minerals	$112M	585.4x	-167.4x
West Wits Mining	$112M	n/a	n/a
Minera IRL	$111M	n/a	n/a
Sun Silver	$111M	n/a	n/a
Aurum Resources	$110M	n/a	-22.9x
Emmerson Resources	$109M	n/a	n/a
Echelon Resources	$109M	n/a	n/a
Mangels Industrial	$108M	n/a	n/a
ProfilGruppen	$108M	n/a	n/a
African Gold	$106M	n/a	n/a
Tesoro Gold	$106M	n/a	n/a
Dreadnought Resources	$105M	376.8x	n/a
GBM Resources	$105M	n/a	n/a
Atlas Lithium	$104M	n/a	n/a
Odyssey Marine Explr	$104M	n/a	n/a
Izostal	$103M	n/a	n/a
Quantum Graphite	$103M	n/a	n/a
Grange Resources	$99.0M	n/a	n/a
Burgundy Diamond Mines	$98.7M	0.2x	1.0x
Ascent Industries	$96.9M	0.5x	n/a
Elastron	$96.6M	n/a	n/a
Namib Minerals	$92.9M	n/a	n/a
Sunstone Metals	$92.4M	n/a	-58.4x
Victory Metals	$91.3M	n/a	n/a
Energy Transition	$90.6M	n/a	n/a
FST	$89.9M	n/a	n/a
Terramin Australia	$89.0M	n/a	n/a
Waratah Minerals	$88.9M	n/a	-12.5x
Kaiser Reef	$88.1M	1.4x	4.2x
Golden Horse Minerals	$87.7M	n/a	n/a
Hot Chili	$87.3M	466.4x	n/a
Rand Mining	$85.7M	n/a	n/a
Torque Metals	$85.3M	n/a	n/a
Ardea Resources	$85.0M	n/a	n/a
Trigg Minerals	$83.3M	n/a	n/a
Scully Royalty	$83.0M	n/a	n/a
Viridis Mining	$82.5M	4839.5x	-32.9x
Horizon Gold	$81.0M	n/a	n/a
Akobo Minerals	$79.6M	n/a	n/a
Osmond Resources	$78.7M	n/a	n/a
Impol Seval	$78.6M	n/a	n/a
Hillgrove Resources	$77.4M	0.7x	3.6x
Makstil	$76.2M	n/a	n/a
Aspire Mining	$74.5M	n/a	n/a
Alara Resources	$74.5M	n/a	n/a
Pulsar Helium	$73.6M	n/a	-9.1x
Anson Resources	$72.8M	n/a	n/a
MFO	$70.7M	n/a	n/a
Kingston Resources	$68.2M	1.5x	4.9x
Aldoro Resources	$67.2M	n/a	n/a
AGES Industri	$67.1M	0.5x	n/a
KGL Resources	$66.2M	n/a	n/a
Mindax	$65.8M	n/a	n/a
Prospect Resources	$63.3M	817.6x	-13.7x
Afarak Group	$61.1M	n/a	n/a
Installux	$61.0M	n/a	n/a
Matsa Resources	$59.9M	n/a	n/a
Falcon Metals	$57.8M	n/a	n/a
Renascor Resources	$57.2M	17.8x	n/a
Native Mineral Resources	$56.0M	n/a	n/a
Lion Rock Minerals	$55.3M	n/a	n/a
Sotkamo Silver	$55.2M	0.1x	0.5x
Componenta	$53.4M	0.4x	5.0x
Locksley Resources	$49.9M	n/a	n/a
Mawson Finland	$49.5M	n/a	n/a
Austral Resources	$47.8M	n/a	n/a
Blackstone Minerals	$47.7M	42.0x	-11.4x
Botnia Gold	$47.5M	7.8x	n/a
Adyton Resources	$40.9M	n/a	n/a
Mingteng International	$39.0M	n/a	n/a
ZBM ZREMB-Chojnice	$36.7M	n/a	n/a
Odlewnie Polskie	$35.0M	n/a	n/a
Wishbone Gold	$33.9M	n/a	n/a
Euromax Resources	$30.1M	n/a	n/a
Fabryki Sprzetu I	$29.0M	n/a	n/a
Drillcon	$27.2M	n/a	n/a
Liberti Skopje	$26.3M	n/a	n/a
Nordic Iron Ore	$25.9M	n/a	n/a
Bowim	$21.1M	n/a	n/a
Alumil Rom Industry	$19.0M	n/a	n/a
Bluelake Mineral	$16.3M	n/a	n/a
Lappland	$14.8M	n/a	n/a
Pearl Gold	$14.8M	n/a	n/a
Cell Impact	$14.6M	3.7x	-2.1x
Coil	$13.1M	n/a	n/a
PGF Polska Grupa	$12.8M	n/a	n/a
Mahvie Minerals	$10.8M	n/a	n/a
Gold By Gold	$7.4M	n/a	n/a
Precomp Solutions	$6.4M	n/a	n/a
Eurobattery Minerals	$5.8M	n/a	n/a
Nordic Flanges Group	$5.7M	0.2x	9.7x
Lovisagruvan	$5.5M	n/a	n/a
Green Minerals	$3.1M	n/a	n/a
Galvo	$2.5M	n/a	n/a
EKOPOL Gornoslaski	$1.7M	n/a	n/a
Africa Resources	$1.1M	n/a	n/a
Amnode	$0.7M	n/a	n/a
Zamet	-$5.9M	n/a	n/a