<div id="readability-page-1" class="page"><div>We are seeing a definitive rotation toward &#34;hard assets.&#34; Gold has reclaimed the US$5,000 mark, and even as spot prices fluctuate, the structural narrative for commodities is strengthening. Rosenberg Research highlights that while the TSX broadly faces &#34;dismal&#34; sentiment scores due to macroeconomic headwinds, the Materials and Energy sectors are the sole high-conviction outliers. The market is no longer rewarding speculative growth; it is rewarding tangible value, depressed positioning, and companies that can generate cash despite the &#34;risk-off&#34; signal dominating the North American landscape. To navigate this, we must look past the daily noise of &#34;steady&#34; futures and focus on the fundamental quality of the resource players leading this rebound. The goal is to isolate companies within these dominant sectors that possess the balance sheet strength to weather volatility and the profitability to capitalize on the commodity &#34;overweight&#34; cycle. How do we identify stocks that offer fundamental exposure to this resource-led value rotation? Using our Stock Screener and the following filters: Filter,Direction / Threshold:<ul><li>Market Cap (Size): &gt; $500 M</li><li> 1 months change: &gt; 0%</li><li> Fundamentals Rating: ≥ 7</li><li> Leverage (Debt/Ebitda) (Y-1): &lt; 2.0x</li><li> Global Valuation Rating: ≥ 7</li><li> Energy and Basic Materials sectors</li></ul><img height="383" src="https://imageproxy.pbkrs.com/https://img.zonebourse.com/stock/2026-02-10_15-33-28.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="892" original-src="https://imageproxy.pbkrs.com/https://img.zonebourse.com/stock/2026-02-10_15-33-28.png"/>The Results:Imperial Oil Limited: Dominates the screen with a strong 23% monthly gain and an exceptionally low leverage of 0.37x.Endeavour Mining PLC: A clear beneficiary of the gold rally, maintaining a strong fundamental profile and manageable debt while outperforming the broader index.SSR Mining Inc.: Highlights the &#34;value&#34; angle of our screen, showing a negative net debt position and strong price momentum as gold prices push toward new records.Trican Well Service Ltd.: Represents the high-torque small-cap energy segment, passing our quality test with no debt hurdles and significant double-digit monthly growth.Meren Energy Inc.: Successfully captures the rotation into mid-tier energy plays that offer both financial health and attractive valuation deciles.</div></div>

The TSX is experiencing a shift towards hard assets, with gold prices surpassing US$5,000. Despite overall negative sentiment, the Materials and Energy sectors show promise. Rosenberg Research emphasizes the need to focus on companies with strong balance sheets and profitability amidst market volatility. Key stocks identified include Imperial Oil Limited, Endeavour Mining PLC, SSR Mining Inc., Trican Well Service Ltd., and Meren Energy Inc., all demonstrating solid fundamentals and growth potential in the resource-led value rotation.

marketscreener

SSR Mining

SD-GOLD

Kinross Gold

ZHONGJIN GOLD

Newmont

Agnico Eagle Mines

VanEck Junior Gold Miners ETF

Us Gbl GLD & Met

Sprott JR Gold Miners ETF

Invesco Db Precious Metals ETF

iShares Gold Trust

SPDR GOLD TRT-R

SPDR GOLD TRT

EFUND GOLD MI-R

ChinaAMC Gold ETF

Sprott GLD Miners Etf

ChinaAMC CSI SH-SZ-HK Gold Industry Equity ETF

Sprott Active Gold & Silver Miners ETF

Roundhill Gold Miners Weeklypay ETF

Abrdn Gold ETF Trust

EFUND GOLD MI ETF

GLOBAL X Gold Explorers

iShares MSCI Global Gold Miners

VanEck Gold Miners ETF

SPDR Gold Shares

SPDR GOLD TRT-U

EFUND GOLD MI-U

YieldMax Gold Miners Opt Inc Strgy ETF

Resilient Resources: Identifying High-Quality Value in the TSX Recovery