TSXV:WLF
TSXV:WLFMetals and Mining

3 Promising TSX Penny Stocks Over CA$9M Market Cap

The Canadian market has shown resilience, supported by robust consumer spending and positive real wage growth, even amidst challenges like elevated inflation and higher interest rates. In this context, penny stocks—often smaller or newer companies—can present intriguing opportunities when underpinned by strong financials. We'll explore three such Canadian penny stocks that exemplify financial strength and potential for growth in today's economic landscape.
TSXV:BES
TSXV:BESElectrical

TSX Penny Stocks To Watch In December 2024

The Canadian market has shown resilience, supported by strong consumer spending and positive real wage gains, despite challenges like elevated inflation and higher interest rates. In this context, penny stocks—often associated with smaller or newer companies—remain a relevant investment area due to their affordability and potential for growth when backed by robust financials. This article will explore several Canadian penny stocks that exhibit financial strength and could offer long-term...
TSX:ERE.UN
TSX:ERE.UNResidential REITs

Top Undervalued Small Caps On TSX With Insider Action In December 2024

As the Canadian market continues to benefit from robust consumer spending and positive real wage gains, small-cap stocks on the TSX are drawing attention for their potential amidst these favorable economic conditions. In this environment, identifying promising small caps involves looking at companies with strong fundamentals and insider activity that may indicate confidence in their future prospects.
TSXV:CLM
TSXV:CLMMetals and Mining

TSX Penny Stocks To Watch In December 2024

The Canadian market has remained flat over the past week but has shown a significant rise of 23% over the last year, with earnings forecasted to grow by 16% annually. For investors considering alternatives to well-known stocks, penny stocks can present intriguing opportunities, particularly when they are backed by strong financials. Despite their somewhat outdated name, these smaller or newer companies can offer a blend of value and growth potential that larger firms may not provide.
TSX:SII
TSX:SIICapital Markets

Sprott (TSX:SII) Eyes Growth with New ETFs Amid High P/E Ratio and Precious Metals Demand Surge

Sprott (TSX:SII) has demonstrated impressive financial health with a 20.4% annual earnings growth over the past five years, outpacing the industry average. The recent $2.3 billion increase in assets under management, driven by rising precious metal prices, highlights the company's strategic asset management capabilities. However, challenges such as a high P/E ratio and forecasted revenue decline necessitate strategic adjustments. In the following report, we cover key areas such as Sprott's...
TSX:SRU.UN
TSX:SRU.UNRetail REITs

SmartCentres Real Estate Investment Trust (TSX:SRU.UN) Eyes Growth with Retail Partnerships and Dividend

SmartCentres Real Estate Investment Trust (TSX:SRU.UN) continues to leverage its strong retail fundamentals, maintaining an impressive occupancy rate of 98.5% and forming strategic partnerships with major retailers like Canadian Tire and Sobeys. The recent development highlights include an increased operating line to $750 million and a focus on mixed-use projects, with over 59 million square feet zoned for such developments. In the report, key areas covered include the company's financial...
TSX:SJ
TSX:SJForestry

Stella-Jones (TSX:SJ) Eyes Growth with Acquisitions Amid Declining Utility Pole Sales and Debt Concerns

Stella-Jones (TSX:SJ) continues to strengthen its market position with a strategic focus on infrastructure, ensuring long-term growth despite recent challenges. The company has maintained a strong EBITDA margin of 17.7% and returned $112 million to shareholders, while actively pursuing acquisitions to leverage its North American footprint. This report covers key areas including Stella-Jones's financial performance, growth opportunities, internal limitations, and competitive pressures.
TSX:SSRM
TSX:SSRMMetals and Mining

SSR Mining (TSX:SSRM) Acquires Cripple Creek & Victor Gold Mine, Undervalued at CA$9.01 vs CA$101.35

SSR Mining (TSX:SSRM) is set to discuss its definitive purchase agreement to acquire the Cripple Creek & Victor Gold Mine in Colorado from Newmont Corporation during its upcoming M&A call on December 6, 2024. This acquisition marks a significant development for SSR Mining, which continues to demonstrate resilience and strategic foresight, as evidenced by its strong cash position and operational excellence at the Puna operation. The company report will delve into key areas such as competitive...
TSX:STN
TSX:STNConstruction

Stantec (TSX:STN) Secures Thames Water Contract, Enhancing Growth Prospects in Water Sector

Stantec (TSX:STN) has recently been selected by Thames Water to provide services for its £400 million Asset, Capital, and Engineering Professional Services Framework, marking a significant development in its Water and Infrastructure sectors. This announcement aligns with Stantec's robust Q3 2024 financial performance, where net revenue surged by 16% to $1.5 billion, driven by organic and acquisition growth. In the following discussion, we will delve into Stantec's competitive advantages,...