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2023 OTCQX Best 50
OTC Markets Group Inc. operates the OTCQX Best Market, the OTCQB Venture Market and the Pink Open Market for over 12,000 US and global securities. It enables investors to trade through the broker of their choice easily and empowers companies to improve the quality of information available to their investors.
Over the Counter (OTC) stocks offer a fantastic risk-reward opportunity for investors looking for something more innovative than the typical stocks found on the S&P 500. But getting started on the OTC Markets can be daunting. Read our overview of How to Buy OTC Stocks for further info on getting started.
Fortunately, OTC Markets Group just made our lives easier by announcing the 2023 OTCQX Best 50, a ranking of the top-performing OTCQX companies from last year.
Trade the Trend
Savvy investors jump on existing trends. There’s no sense in wasting time searching for the next big idea when quality companies are making gains in our midst. That’s why a top 50 list like this one from the OTC Markets Group is so valuable. It shows us what has been successful in the past twelve months, and with a little due diligence, we can use it to find those that could continue to do well in the months ahead.
Start with what’s working and take it from there.
Volume is the lifeblood of the markets.
The OTCQX Best 50 is an annual ranking of the top 50 US and international companies traded on the OTCQX Best Market. This ranking takes into consideration how quickly they grew their revenue and how much money they made. It is based on an equal weighting of their one-year total return and average daily dollar volume growth during 2022.
Jason Paltrowitz, OTC Markets Group EVP of Corporate Services, commented:
We congratulate the 2023 OTCQX Best 50 companies on being able to outperform their peers in a year of difficult market conditions.
This year’s roster represents the breadth of industries and geographies that contribute to the diverse range of OTCQX-traded securities.
Companies Thriving in Challenging Times
For companies to thrive in a difficult year is an impressive achievement, and that alone gives us reason to take a closer look at this interesting list.
Energy stocks outperformed all other sectors in 2022, so it’s no surprise to see an oil stock top the list. This year’s top-performing company, Journey Energy Inc. (OTCQX: JRNGF), is a Canadian oil and gas exploration and production company. Journey Energy Inc. cross-trades on the Toronto Stock Exchange (TSX) in Canada under the ticker symbol “JOY.” Discover how to buy TSX stocks.
Winners Keep Winning
Furthermore, this is the second time Journey Energy Inc. has appeared on this OTC Markets Best companies list, along with five others returning for a second appearance. These multi-ranking stars include:
Journey Energy Inc. (OTCQX: JRNGF)
Petrus Resources Ltd. (OTCQX: PTRUF)
InPlay Oil Corp. (OTCQX: IPOOF)
Filo Mining Corp. (OTCQX: FLMMF)
Table Trac, Inc. (OTCQX: TBTC)
Yankuang Energy Group Co Ltd. (OTCQX: YZCAY) (OTCQX: YZCHF)
Banks Cash in on Inflation
Another sector cashing in is banking. Many financial institutions proved to be a beneficiary of last year’s inflation. Therefore, it comes as no surprise to see fifteen US community banks included in this year’s OTCQX Best 50 list:
United Bancorporation of Alabama, Inc. (OTCQX: UBAB)
BankFirst Capital Corporation (OTCQX: BFCC)
Communities First Financial Corporation (OTCQX: CFST)
GBank Financial Holdings Inc. (OTCQX: GBFH)
JD Bancshares, Inc. (OTCQX: JDVB)
Private Bancorp of America, Inc. (OTCQX: PBAM)
Wayne Savings Bancshares, Inc. (OTCQX: WAYN)
Bank of San Francisco (OTCQX: BSFO)
Farmers & Merchants Bancorp (OTCQX: FMCB)
Heartland BancCorp (OTCQX: HLAN)
Lyons Bancorp, Inc. (OTCQX: LYBC)
U & I Financial Corp (OTCQX: UNIF)
CW Bancorp (OTCQX: CWBK)
Tri County Financial Group Inc. (OTCQX: TYFG)
Eagle Financial Services, Inc. (OTCQX: EFSI)
Ride the momentum
Momentum traders, aka Momo traders, look to buy equities that have been rising in price with the likelihood this trend will continue. The 2023 OTCQX Best 50 companies traded a total of $6.5bn in volume, and these companies delivered a median total return of 20% to investors in 2022.
34 companies on the list hail from the United States and Canada, while the remaining 16 come from all over the globe, including companies trading on the Frankfurt Stock Exchange, ASX, LSE, Bolsa Mexicana de Valores, SIX Swiss Exchange, Madrid Stock Exchange, Istanbul Stock Exchange, Hong Kong Stock Exchange, and BM&F Bovespa (Brazil).
This impressive mix further highlights the OTCQX as a global gateway to uniting domestic and international stock issuers with the US investment community.
Along with varied origins, the companies listed sport a median market cap of more than $198.6m, and 13 are valued at over $1bn.
Read on for a brief overview of each company ranking in the 2023 OTCQX Best 50 List.
No. 1
Company: Journey Energy Inc. (OTCQX: JRNGF) (TSX: JOY)
Sector: Energy
Market Cap: $312m CAD
Headquarters: Canada
Overview: Journey Energy Inc is a Canadian exploration and production company focused on conventional, oil-weighted operations in western Canada. Journey's strategy is to grow its production base by drilling on its existing core lands, implementing water flood projects, and executing accretive acquisitions. Journey seeks to optimize its legacy oil pools on existing lands through the application of best practices in horizontal drilling and, where feasible, with water floods.
No. 2
Company: Silex Systems Ltd. (OTCQX: SILXY) (OTCQX: SILXF)
Sector: Technology
Market Cap: $638.8m
Headquarters: Australia
Overview: Silex Systems is a technology commercialization company whose primary asset is the SILEX laser enrichment technology, originally developed at the Company’s technology facility in Sydney, Australia. The SILEX technology has been under development for uranium enrichment jointly with US-based exclusive licensee Global Laser Enrichment LLC (GLE) for several years.
No. 3
Company: Petrus Resources Ltd. (OTCQX: PTRUF)
Sector: Energy
Market Cap: $299m CAD
Headquarters: Canada
Overview: Petrus Resources Ltd. is a public Canadian oil and gas company focused on property exploitation, strategic acquisitions, and risk-managed exploration in Alberta.
No. 4
Company: Blue Dolphin Energy Co. (OTCQX: BDCO)
Sector: Energy
Market Cap: $21.8m
Headquarters: United States
Overview: Blue Dolphin is an independent downstream energy company operating in the Gulf Coast region of the United States. Subsidiaries operate a light, sweet-crude, 15,000-bpd crude distillation tower with more than 1.2 million bbls of petroleum storage tank capacity in Nixon, Texas. Blue Dolphin was formed in 1986 as a Delaware corporation.
No. 5
Company: InPlay Oil Corp. (OTCQX: IPOOF) (TSX: IPO)
Sector: Energy
Market Cap: $271m CAD
Headquarters: Canada
Overview: InPlay is a junior oil and gas exploration, and production company with operations in Alberta focused on light oil production. The company operates long-lived, low-decline properties with drilling development and enhanced oil recovery potential, as well as undeveloped lands with exploration possibilities.
No. 6
Company: K+S AG (OTCQX: KPLUY; KPLUF)
Sector: Materials
Market Cap: $4.5bn
Headquarters: Germany
Overview: K+S AG makes an important contribution to society by enabling farmers to secure the world's food supply. Its products keep numerous industries running and enrich consumers' daily lives while ensuring safety in winter. With around 11,000 employees, production sites on two continents, and a global distribution network, it is a reliable partner for its customers. The company is realigning itself by focusing even more closely on fertilizers and specialties, becoming leaner, more cost-efficient, more digital, and more performance-oriented.
No. 7
Company: Sunrise Energy Metals Ltd. (OTCQX: SREMF) (ASX: SRL)
Sector: Materials
Market Cap: $122m
Headquarters: Australia
Overview: Sunrise Energy Metals Limited is progressing with its world-class Sunrise Battery Materials Complex in New South Wales, utilizing its Clean-iX® technology. The Sunrise Project is one of the largest and most cobalt-rich nickel laterite deposits in the world and it's development-ready, with all key permits and approvals in place. Sunrise is also one of the largest and highest-grade scandium deposits globally.
No. 8
Company: Alvopetro Energy Ltd (OTCQX: ALVOF)
Sector: Energy
Market Cap: $254m CAD
Headquarters: Canada
Overview: Alvopetro Energy Ltd. produces oil and natural gas. The Company operates hydrocarbons, onshore oil, and gas fields.
No. 9
Company: United Bancorporation of Alabama, Inc. (OTCQX: UBAB)
Sector: Financials
Market Cap: $140m
Headquarters: United States
Overview: United Bancorporation of Alabama, Inc. is the holding company for United Bank. The Bank serves consumers and businesses from various offices located in Alabama and a loan production office located in Florida. United Bank provides a range of deposit products and loans, as well as other services such as Internet banking and brokerage services.
No. 10
Company: American Shipping Company ASA (OTCQX: ASCJF)
Sector: Industrials
Market Cap: $313m
Headquarters: Norway
Overview: AMSC ASA operates as a ship finance company. The Company focuses on owning and bareboat chartering maritime assets. AMSC owns a fleet of product tankers, shuttle tankers, and subsea construction vessels.
No. 11
Company: BankFirst Capital Corporation (OTCQX: BFCC)
Sector: Financials
Market Cap: $230.22m
Headquarters: United States
Overview: BankFirst Capital Corp is a registered bank holding company based in Columbus, Mississippi with approximately $2.2 billion in total assets as of September 30, 2022. BankFirst Financial Services, the Company's wholly-owned banking subsidiary, was founded in 1888 and is locally owned, controlled, and operated. BankFirst offers a wide variety of services for businesses and consumers. The Bank also offers internet banking, no-fee ATM access, checking, CD, and money market accounts, merchant services, mortgage loans, remote deposit capture, and more.
No. 12
Company: Hemisphere Energy Corp. (OTCQX: HMENF)
Sector: Energy
Market Cap: $132m CAD
Headquarters: Canada
Overview: Hemisphere is a Canadian oil company focused on the sustainable growth of its high netback, low decline conventional heavy oil assets through water and polymer flood-enhanced oil recovery methods. Hemisphere trades on the TSXV as a Tier 1 issuer under the symbol "HME" and on the OTCQX Venture Marketplace under the symbol "HMENF".
No. 13
Company: Norsk Hydro ASA (OTCQX: NHYDY; NHYFK)
Sector: Materials
Market Cap: $16.85bn
Headquarters: Norway
Overview: Norsk Hydro ASA is a supplier of aluminum and aluminum products. The Company provides automotive and transport products, building systems, casthouse products, extruded products, rolled products, and wire rods. Norsk Hydro conducts its business worldwide.
No. 14
Company: Filo Mining Corp. (OTCQX: FLMMF)
Sector: Materials
Market Cap: $2.2bn
Headquarters: Canada
Overview: Filo Mining is a Canadian exploration and development company focused on advancing its 100% owned Filo del Sol copper-gold-silver deposit located in Chile's Region III and adjacent San Juan Province, Argentina. The Company's shares are listed on the TSX and Nasdaq First North Growth Market under the trading symbol "FIL", and on the OTCQX under the symbol "FLMMF". Filo Mining is a member of the Lundin Group of Companies.
No. 15
Company: Communities First Financial Corporation (OTCQX: CFST)
Sector: Financials
Market Cap: $208m
Headquarters: United States
Overview: Communities First Financial Corporation, a bank holding company established in 2014, is the parent company of Fresno First Bank, founded in 2005 in Fresno, California. Fresno First Bank is a leading SBA Lender in California’s Central Valley and has expanded into Southern California. The Bank is also a direct acquiring bank with VISA and MasterCard and processes payments for merchants across the Country directly and through partners.
No. 16
Company: Los Andes Copper Ltd. (OTCQX: LSANF) (TSX-V: LA)
Sector: Materials
Market Cap: $377m CAD
Headquarters: Canada
Overview: Los Andes Copper Ltd. is an exploration and development company with a 100% interest in the Vizcachitas Project in Chile. The Company is focused on progressing the Project, which is located along Chile's most prolific copper belt, into production. Vizcachitas is one of the largest copper deposits in the Americas not controlled by the majors, and the Company believes it will be Chile's next major copper mine.
No. 17
Company: TAG Oil Ltd. (OTCQX: TAOIF)
Sector: Energy
Market Cap: $111m CAD
Headquarters: Canada
Overview: TAG Oil is a Canadian-based international oil and gas exploration company with a focus on operations and opportunities in the Middle East and North Africa.
No. 18
Company: GBank Financial Holdings Inc. (OTCQX: GBFH)
Sector: Financials
Market Cap: $
Headquarters: United States
Overview: GBank Financial Holdings Inc. is involved in SBA Lending, Gaming FinTech, and Commercial Lending. It's Gaming FinTech Division, through its contract with BCS, is empowering Sightline Payments Play+ Solution for seamless and secure pay-and-play that is enabling cashless, mobile commerce solutions for gaming, lottery, and sports betting ecosystems – positioning the Bank as a financial leader in this new payments world.
No. 19
Company: JD Bancshares, Inc. (OTCQX: JDVB)
Sector: Financials
Market Cap: $96m
Headquarters: United States
Overview: JD Bancshares, Inc. is the bank holding company of JD Bank, a state-chartered bank headquartered in Jennings, Louisiana. JD Bank has been serving the citizens of south Louisiana since 1947 and offers a variety of personal and commercial lending and deposit products through both physical and digital delivery channels. The Bank also offers both trust and investment services.
No. 20
Company: Grupo Financiero Banorte, S.A.B. De C.V. (OTCQX: GBOOY; GBOOF)
Sector: Financials
Market Cap: $23bn
Headquarters: Mexico
Overview: Grupo Financiero Banorte (GFNorte) is the largest financial institution in Mexico, offering a wide range of financial services to individuals and companies. GFNorte also includes Afore XXI Banorte, the largest asset management company in the country. The company is publicly listed on the Mexican Stock Exchange and has a workforce of over 30,000 employees, 1,100 branches, 9,900 ATMs, 167,000 point-of-sale terminals and 19,500 correspondents.
No. 21
Company: Deutsche Telekom AG (OTCQX: DTEGY; DTEGF)
Sector: Communications
Market Cap: $108bn
Headquarters: Germany
Overview: Deutsche Telekom AG offers telecommunications services. The Company offers a full range of fixed-line telephone services, mobile communications services, Internet access, and combined information technology and telecommunications services for businesses.
No. 22
Company: Zurich Insurance Group Ltd (OTCQX: ZURVY; ZFSVF)
Sector: Financials
Market Cap: $71bn
Headquarters: Switzerland
Overview: Zurich Insurance Group AG provides insurance-based financial services. The Company offers general and life insurance products and services for individuals, small businesses, commercial enterprises, mid-sized and large corporations, and multinational companies.
No. 23
Company: Rise Gold Corp. (OTCQX: RYES)
Sector: Materials
Market Cap: $16m
Headquarters: Canada
Overview: Rise Gold is an exploration-stage mining company incorporated in Nevada, USA. The Company's principal asset is the historic past-producing Idaho-Maryland Gold Mine located in Nevada County, California, USA.
No. 24
Company: Barksdale Resources Corp. (OTCQX: BRKCF)
Sector: Materials
Market Cap: $39m
Headquarters: Canada
Overview: Barksdale Resources Corp. is a base metal exploration company headquartered in Vancouver, B.C., that is focused on the acquisition, exploration and advancement of highly prospective base metal projects in North America. Barksdale is currently advancing the Sunnyside copper-zinc-lead-silver and San Antonio copper projects, both of which are in the Patagonia mining district of southern Arizona, as well as the San Javier copper-gold project in central Sonora, Mexico.
No. 25
Company: Table Trac, Inc. (OTCQX: TBTC)
Sector: Consumer Discretionary
Market Cap: $24m
Headquarters: United States
Overview: Founded in 1995, Table Trac, Inc. designs, develops and sells casino information and management systems. The Company's product automates and monitors the operations of casino table games. Table Trac's system is Unix-based and compatible with most hardware platforms. The company has systems installed in North, South, and Central America, as well as Australia and the Caribbean.
No. 26
Company: G2 Goldfields Inc. (OTCQX: GUYGF)
Sector: Materials
Market Cap: $136m CAD
Headquarters: Canada
Overview: G2 Goldfields Inc. operates as a mining company. The Company explores and produces gold and other metals. The G2 Goldfields team is comprised of professionals who have been directly responsible for the discovery of millions of ounces of gold in Guyana as well as the financing and development of the Aurora Gold Mine, Guyana’s largest gold mine. G2 recently announced its maiden mineral resource estimate on the newly discovered Oko property in Guyana.
No. 27
Company: Private Bancorp of America, Inc. (OTCQX: PBAM)
Sector: Financials
Market Cap: $180m
Headquarters: United States
Overview: Private Bancorp of America, Inc. is the holding company for CalPrivate Bank. CalPrivate Bank provides a Distinctly Different banking experience through unparalleled service and creative funding solutions to high-net-worth individuals, professionals, locally owned businesses and real estate entrepreneurs.
No. 28
Company: Wayne Savings Bancshares, Inc. (OTCQX: WAYN)
Sector: Financials
Market Cap: $75m
Headquarters: United States
Overview: Wayne Savings Community Bank, the wholly owned subsidiary of Wayne Savings Bancshares, Inc., has thirteen full-service banking locations in the communities of Wooster, Ashland, Millersburg, Rittman, Lodi, North Canton, Creston, Fredericksburg, Washingtonville and Dalton, Ohio
No. 29
Company: Altius Minerals Corp. (OTCQX: ATUSF)
Sector: Materials
Market Cap: $804m
Headquarters: Canada
Overview: Altius’s strategy is to create per-share growth through a diversified portfolio of royalty assets that relate to long life, high margin operations. This strategy further provides shareholders with exposures that are well aligned with sustainability-related global growth trends, including the electricity generation transition from fossil fuel to renewables, transportation electrification, reduced emissions from steelmaking and increasing agricultural yield requirements. In addition, Altius runs a successful Project Generation business that originates mineral projects for sale to developers in exchange for equity positions and royalties.
No. 30
Company: Repsol S.A. (OTCQX: REPYY; REPYF)
Sector: Energy
Market Cap: $23bn
Headquarters: Spain
Overview: Repsol S.A., through subsidiaries, explores for and produces crude oil and natural gas, refines petroleum, and transports petroleum products and liquefied petroleum gas (LPG). The Company retails gasoline and other products through its chain of gasoline filling stations. Repsol's petroleum reserves are in Spain, Latin America, Asia, North Africa, the Middle East and the United States.
No. 31
Company: Yankuang Energy Group Co Ltd (OTCQX: YZCAY; YSCHF)
Sector: Materials
Market Cap: $22bn
Headquarters: China
Overview: Yankuang Energy Group Company Limited operates coal businesses. The Company produces fine coal, brown coal, power coal, and coal chemical products. Yankuang Energy Group also conducts power generation, railway transport, machinery manufacturing, and heating businesses.
No. 32
Company: Gear Energy Ltd (OTCQX: GENGF)
Sector: Energy
Market Cap: $207m
Headquarters: Canada
Overview: Gear Energy Ltd. provides oil exploration and production services. The Company focuses on heavy oil production areas in east central Alberta and west central Saskatchewan.
No. 33
Company: Bank of San Francisco (OTCQX: BSFO)
Sector: Financials
Market Cap: $55m
Headquarters: United States
Overview: Bank of San Francisco, headquartered in San Francisco, is a progressive community bank that reflects the best of San Francisco and Bay Area culture – flexible, entrepreneurial, and forward-thinking. Bank of San Francisco delivers high-touch, personalized service with agility and accountability.
No. 34
Company: Farmers & Merchants Bancorp (OTCQX: FMCB)
Sector: Financials
Market Cap: $777m
Headquarters: United States
Overview: Farmers & Merchants Bancorp, is the parent company of Farmers & Merchants Bank of Central California, also known as F&M Bank. Founded in 1916, F&M Bank is a locally owned and operated community bank, which proudly serves California through 32 convenient locations. F&M Bank is the 11th largest bank lender to agriculture in the United States and the largest community bank lender to agriculture west of the Rocky Mountains.
No. 35
Company: ATLANTIC LITHIUM LTD. (OTCQX: ALLIF)
Sector: Materials
Market Cap: $283m
Headquarters: Australia
Overview: Atlantic Lithium Limited operates as a mining company. The Company focuses on lithium exploration and development to support the global transition to a carbon-neutral future.
No. 36
Company: Heartland BancCorp (OTCQX: HLAN)
Sector: Financials
Market Cap: $200m
Headquarters: United States
Overview: Heartland BancCorp is a registered Ohio bank holding company and the parent of Heartland Bank, which operates 19 full-service banking offices and TransCounty Title Agency, LLC. Heartland Bank, founded in 1911, provides full-service commercial, small business, and consumer banking services; professional financial planning services; and other financial products and services. Heartland Bank is a member of the Federal Reserve, a member of the FDIC, and an Equal Housing Lender. Heartland BancCorp is currently quoted on the OTC Markets (OTCQX) under the symbol HLAN.
No. 37
Company: Akbank Turk Anonim Sirketi (OTCQX: AKBTY)
Sector: Financials
Market Cap: $4.8bn
Headquarters: Turkey
Overview: Akbank T.A.S. attracts deposits and offers retail and corporate banking services. The Group offers consumer credits, credit cards, wealth management, health and life insurance, pension plans, risk management, project financing, foreign trade and cash management services through its branches in Turkey and overseas.
No. 38
Company: Lyons Bancorp, Inc. (OTCQX: LYBC)
Sector: Financials
Market Cap: $161m
Headquarters: United States
Overview: Lyons Bancorp Inc. is the holding company for The Lyons National Bank, a commercial bank serving individuals and small businesses. The Bank provides a range of deposit products, loans, and other financial services through offices in Lyons, Wolcott, Newark, Macedon, and Ontario, all located in New York. Lyons National also provides PC and telephone banking.
No. 39
Company: Localiza Rent A Car SA (OTCQX: LZRFY)
Sector: Consumer Discretionary
Market Cap: $10.7bn
Headquarters: Brazil
Overview: Localiza Rent a Car SA rents automobiles. The Company owns and franchises locations in Brazil and elsewhere in Latin America. Localiza primarily operates through airport locations. The Company also sells used cars and offers fleet management services.
No. 40
Company: U & I Financial Corp (OTCQX: UNIF)
Sector: Financials
Market Cap: $56m
Headquarters: United States
Overview: U & I Financial Corp. operates as a bank holding company. The Company, through its subsidiaries, offers banking products and services such as savings and money market accounts, certificate of deposits, personal and business loans, online banking, bill payment, business cash management, and unlimited check writing. U & I Financial serves customers in the United States.
No. 41
Company: CW Bancorp (OTCQX: CWBK)
Sector: Financials
Market Cap: $106m
Headquarters: United States
Overview: CommerceWest Bank is determined to redefine banking for small and medium-sized businesses by delivering on customized products and services. Founded in 2001 and headquartered in Irvine, California, the Bank serves businesses throughout the state of California with its digital banking platform.
No. 42
Company: Imperial Brands PLC (OTCQX: IMBBY; IMBBF)
Sector: Consumer Staples
Market Cap: $23bn
Headquarters: United Kingdom
Overview: Imperial Brands PLC operates as a consumer goods company. The Company manufactures, markets, and sells cigarettes, cigars, pipe and smokeless tobacco, snus (a smokeless tobacco), e-cigarettes, and other tobacco products, as well as logistics business. Imperial Brands serves customers worldwide.
No. 43
Company: XTRACT ONE TECHNOLOGIES INC. (OTCQX: XTRAF)
Sector: Technology
Market Cap: $62m
Headquarters: Canada
Overview: Xtract One Technologies is a leading technology-driven threat detection and security solution leveraging AI to provide seamless and secure patron access control experiences. The company makes unobtrusive threat detection systems that enable venue-building operators to prioritize and deliver improved patron experiences while providing unprecedented safety. Xtract One’s innovative multi-Sensor Gateway product enables companies to covertly screen for weapons at points of entry without disrupting the flow of traffic. It's AI-based Video Recognition Software allows venue and building operators to identify weapons and other threats inside and outside of facilities and receive valuable intelligence for optimizing operations.
No. 44
Company: Turkiye Garanti Bankasi A.S. (OTCQX: TKGBY; TKGBF)
Sector: Financials
Market Cap: $5.7bn
Headquarters: Turkey
Overview: Turkiye Garanti Bankasi A.S. attracts deposits and offers retail and commercial banking services. The Group offers lease financing, insurance, asset management, securities brokerage, automobile and mortgage loans, credit cards, and other financial services. Turkiye Garanti Bankasi operates in Turkey, the Netherlands, Germany, Romania, Russia, Luxembourg, Malta, and Bahrain.
No. 45
Company: Critical Elements Lithium Corporation (OTCQX: CRECF)
Sector: Materials
Market Cap: $353m
Headquarters: Canada
Overview: Critical Elements Lithium Corporation operates as a mining exploration company. The Company searches for rare metals and rare earths, particularly tantalum, lithium, and niobium. Critical Elements Lithium markets its products in Canada.
No. 46
Company: Tri County Financial Group Inc. (OTCQX: TYFG)
Sector: Financials
Market Cap: $117m
Headquarters: United States
Overview: Tri-County Financial Group Inc. is a bank holding company owning or controlling one or more banks.
No. 47
Company: Desert Mountain Energy Corp. (OTCQX: DMEHF) (TSX.V: DME) (Frankfurt: QM01)
Sector: Materials
Market Cap: $165m
Headquarters: Canada
Overview: Desert Mountain Energy Corp. is a publicly traded resource company primarily focused on the exploration, development and production of helium, hydrogen and noble gases. The Company primarily looks for elements deemed critical to the renewable energy and high technology industries.
No. 48
Company: Eagle Financial Services, Inc. (OTCQX: EFSI)
Sector: Financials
Market Cap: $123m
Headquarters: United States
Overview: Eagle Financial Services, Inc. is the holding company for Bank of Clarke County, a commercial bank serving customers located in Virginia. The Bank provides various retail and commercial banking services, including demand, savings, and time deposits and consumer, mortgage, and commercial lending services. Eagle also provides investment services and Internet banking.
No. 49
Company: Fortescue Metals Group Ltd (OTCQX: FSUGY; FSUMF)
Sector: Materials
Market Cap: $47bn
Headquarters: Australia
Overview: Fortescue Metals Group Ltd. explores for and produces iron ore. The Company conducts business worldwide.
No. 50
Company: CreditRiskMonitor.com, Inc. (OTCQX: CRMZ)
Sector: Technology
Market Cap: $27m
Headquarters: United States
Overview: CreditRiskMonitor.com, Inc. provides corporate credit professionals with online financial information and analysis on companies worldwide, along with real-time filtered news services. creditriskmonitor.com sells a suite of web-based, SaaS subscription products providing access to comprehensive commercial credit reports, bankruptcy risk analytics, financial and payment information, and curated news on public and private companies worldwide. The products help corporate credit and supply chain professionals stay ahead of and manage financial risk more quickly, accurately, and cost-effectively.
Next Steps
We hope you enjoyed our rundown of the 50 companies included in the 2023 OTCQX Best 50 and that it sparks some investing ideas for you.