TSXV:WAM
TSXV:WAMMetals and Mining

3 TSX Penny Stocks With Market Caps Under CA$200M

The Canadian stock market has recently reached new heights, with large-cap stocks hitting all-time highs, showcasing resilience amid global economic uncertainties. For investors interested in exploring beyond the well-known names, penny stocks—typically smaller or newer companies—present intriguing possibilities. Despite the term's somewhat outdated ring, these stocks can offer surprising value and potential returns when backed by solid financials.
TSX:EQX
TSX:EQXMetals and Mining

Equinox Gold (TSX:EQX) Reports Q1 2025 Earnings With US$424M Sales

Equinox Gold (TSX:EQX) reported its first-quarter 2025 earnings and operating results on May 8, revealing a substantial rise in sales to $424 million, although the net loss increased to $76 million. This occurred against the backdrop of a broader market that declined 1% over the week. Despite higher production levels of 145,290 ounces of gold, the company's share price rose 11%. The broader market movements, like mounting concerns about the federal deficit and fluctuating bond yields, likely...
TSX:NGD
TSX:NGDMetals and Mining

New Gold (TSX:NGD) Acquires Remaining Stake In New Afton Mine

New Gold (TSX:NGD) recently finalized the acquisition of the remaining 19.9% free cash flow interest in its New Afton Mine, signaling its commitment to enhancing shareholder value through fully consolidated cash flows. The company's Q1 earnings report showed a reduction in net loss, further supported by confirmed production guidance for 2025. As the company enhanced its financial position, bond yields retreated, and the major stock indexes began to recover from earlier declines. Despite these...
TSX:TD
TSX:TDBanks

Toronto-Dominion Bank (TSX:TD) Declares Dividends; Reports Strong Earnings Growth

Recently, Toronto-Dominion Bank (TSX:TD) declared a robust set of earnings results, with its second-quarter net income rising to CAD 11,129 million from CAD 2,564 million year-over-year, alongside a steady dividend payment announcement. These financial disclosures likely buoyed investor confidence, contributing to the company's 7% price increase over the past month. Despite broader market concerns and volatility, highlighted by fluctuating bond yields and a slight decline in major indexes,...
TSXV:FISH
TSXV:FISHMetals and Mining

Dundee Leads The Way With 2 Other TSX Penny Stocks

The Canadian market has recently reached new heights, with large-cap stocks hitting an all-time high, showcasing resilience amid global economic uncertainties and policy shifts. In such a landscape, investors often turn to penny stocks—smaller or newer companies that can offer surprising value despite their vintage name. By focusing on those with strong financial foundations and potential for growth, these stocks may present unique opportunities for investors seeking to tap into promising...