Instuitional Investor - Aegis Financial Corp

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Hallador Energy Co	HNRG	2,010,994	$31,834,035	18.74%
2.	Equinox Gold Corp.	EQX	4,828,363	$27,817,121	16.37%
3.	Natural Gas Services Group Inc	NGS	671,112	$17,321,401	10.2%
4.	Pbf Energy Inc.	PBF	620,460	$13,445,368	7.91%
5.	Tidewater Inc	TDW	276,529	$12,756,283	7.51%