Canadian IT Stock News

As the Canadian market navigates the complexities of rising oil prices and inflationary pressures, investors are keenly watching how these factors influence monetary policy and broader economic conditions. Amidst this backdrop, penny stocks—though an older term—continue to capture attention for their potential value, particularly when they exhibit strong financial health. In the following discussion, we explore three penny stocks that stand out due to their robust balance sheets and potential...

Aris Mining bridge project puts Toroparu infrastructure in focus Aris Mining (TSX:ARIS) has started building a 109 metre modular steel bridge across the Puruni River in Guyana. This is a key early infrastructure step for the Toroparu Gold Project and surrounding communities. Recent trading has been strong for Aris Mining, with a 1 day share price return of 4.08% and a 30 day share price return of 8.61%. The 1 year total shareholder return of 109.65% and the very large 3 year total shareholder...

Pan American Silver (TSX:PAAS) just refreshed its mineral reserve and resource estimates as of June 30, 2026, outlining sizeable silver and gold inventories across its portfolio, including its recently acquired stake in the Juanicipio mine. Recent trading has been choppy for Pan American Silver, with a 7.22% 1 month share price return and a modest 0.64% 3 month share price gain, even as the year to date share price return is slightly down 0.84% at CA$69.46. The longer story is stronger, with...

TMX Group has delivered a strong multi year share price performance, and the question now is whether that move is fully backed by the earnings that support today’s valuation. Over the past 5 years, TMX Group has returned 114.1%. This puts real weight on whether the current earnings base can carry that kind of share price progress. The recent pricing of a C$1.1b senior unsecured debenture offering may reshape the firm’s capital structure. This can influence future interest costs and the...

Acadian Timber Corp. ( TSE:ADN ) shareholders (or potential shareholders) will be happy to see that the Chairman of the...

Usually, when one insider buys stock, it might not be a monumental event. But when multiple insiders are buying like...

Curaleaf Holdings has recently opened or relocated dispensaries in Meriden, Connecticut, Fishtown in Philadelphia, and two Tampa area sites in Florida, keeping its nationwide retail count around 179 locations. The cluster of new and larger outlets concentrates Curaleaf Holdings' footprint in dense medical cannabis markets. This development could influence operating scale, regional market share, and day-to-day execution complexity across its U.S. retail network. We will now look at how...

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining...

Bank of Nova Scotia has launched the Scotia Growth Institute, a platform aimed at supporting long term economic growth and competitiveness in Canada and North America, supported by experienced advisors including Lead Strategic Advisor Ambassador Kirsten Hillman. The Scotia Growth Institute links Bank of Nova Scotia’s sector insights, client relationships, and policy engagement into a formal forum that can influence real world capital allocation and long term operating priorities across...

Element Fleet Management Corp. ( TSE:EFN ) shareholders (or potential shareholders) will be happy to see that the CEO...

Canadian National Railway (TSX:CNR) and Amtrak have agreed an eight-year operating pact covering Amtrak services on CN owned U.S. rail lines. The deal resolves a regulatory proceeding before the U.S. Surface Transportation Board that had been ongoing for more than a decade. The agreement introduces a revised performance payment structure, a joint framework for service reliability, and collaboration on Onboard Shunt Enhancer safety technology. This new CN Amtrak operating agreement and...

Quite a few Entrée Resources Ltd. ( TSE:ETG ) insiders sold their shares over the past year, which may be a cause for...

Aya Gold & Silver (TSX:AYA) is back in focus after fresh drill results from the Zgounder Silver Mine in Morocco reported very high silver grades across both open pit and central zones. The fresh Zgounder results land after a strong run in Aya Gold & Silver’s shares, with a 1-day share price return of 7.75% taking the stock to CA$40.31 and building on a 30-day share price return of 16.13%, a 90-day share price return of 43.45% and a year-to-date share price return of 107.46%. The 1-year total...

NorthIsle Copper and Gold (TSXV:NCX) drew fresh attention after its North Island Project was selected for the 2026 Canada Investment Summit Dealbook, which put the asset in front of global institutional investors. That spotlight has landed at a time when NorthIsle Copper and Gold has already been on a strong run, with a 30 day share price return of 21.77% and a 90 day gain of 63.54% at a latest share price of CA$4.53. The 1 year total shareholder return of 213.49% and very large 3 and 5 year...

Celestica has restructured its leadership, moving long-time CFO Mandeep Chawla into a new Group President, Global Markets role and appointing Todd Ankenmann as CFO. Both roles are effective from October 1, 2026 and are paired with revised salaries, incentives and equity awards. The creation of a Group President, Global Markets position signals a push to tighten commercial execution and global expansion. This matters for how Celestica manages rising demand, customer concentration and the...

Meren Energy: Rebranding and Operational Shift Come Into Focus Meren Energy (TSX:MER) has rebranded from Africa Oil Corp after shifting its business toward full-cycle production, cash generation, and shareholder distributions, while reporting recovering output at Agbami and progress on the Venus Namibian project. Recent trading paints a mixed picture. The share price is up 14.7% over the past 90 days and 20.9% year to date, while the 1 year total shareholder return of 35.3% and weaker 3 year...

G Mining Ventures (TSX:GMIN) just reported fresh exploration results from its Gurupi Project and Tocantinzinho mine in Brazil, highlighting a new near-surface gold find and extended mineralization beneath existing pit designs. G Mining Ventures’ share price has climbed to CA$49.75, with a 30-day share price return of 8.13% and a 90-day move of 20.81%. The 1-year total shareholder return of 107.38% points to strong momentum building over a longer stretch as investors weigh the new drilling...

Valeura Energy reported a new oil discovery at the Suraphi field near Manora and successful drilling on the Jasmine field in the Gulf of Thailand, including multiple oil-bearing intervals and four productive wellbores. The Suraphi find, which supports a potential satellite facility and suggests de-risked nearby prospects, sits alongside Jasmine wells that have already lifted production to about 8,250 bbls/d before royalties. Together, these developments are reshaping Valeura Energy’s project...

Advantage Energy (TSX:AAV) just marked its 25 year Toronto Stock Exchange listing anniversary with a market closing ceremony, bringing fresh attention to its Montney and Charlie Lake focused business. Recent trading has been choppy for Advantage Energy, with the share price at CA$10.24 after a 1-day share price return of 1.09% but a 30-day share price return that declined 7.16%. The share price return over 90 days is up 2.81%, while the year-to-date share price return is down 12.70%. This...

Endeavour Mining, a London headquartered gold producer with multiple mines across West Africa, now faces rising royalty and tax demands from governments including Côte d’Ivoire and Senegal. This is increasing uncertainty around its long term cost base. The push for higher state take directly targets one of Endeavour Mining’s less visible constraints, namely the durability of its margin structure as government charges evolve. We will now see how Endeavour Mining's investment narrative is...

BRP (TSX:DOO) has attracted investor attention after recent share price volatility, including a decline of about 14% over the past month. This has prompted fresh questions about how the powersports manufacturer is currently valued. Over the past year, BRP has seen its share price lose momentum, with a 30 day share price return of about 13.7% down and a year to date share price return of 16.5% down, while the 1 year total shareholder return is 5% down. This signals fading enthusiasm compared...

AltaGas reported strong Q2 2026 results, with midstream earnings rising and utilities providing steady support. Management lifted 2026 guidance to normalized EBITDA of $2.0 billion to $2.1 billion and normalized EPS of $2.35 to $2.60. The firm kept its dividend framework intact with a total payout of $0.24 per share and a payout ratio near 65%, which highlights that current earnings still need to cover both growth investments and regular cash returns to shareholders. We will now look at how...

MDA Space (TSX:MDA) just used the World Space Business Week stage to roll out its full MDA CHORUS Earth observation portfolio, marking a key milestone ahead of the constellation launch later this year. Recent trading reflects that story. The share price has climbed 4.41% over the last day and 6.18% over the past week, even after a 30 day share price return that declined 10.36% and a 90 day share price return that fell 28.25%. At the same time, the year to date share price return of 53.49% and...

Discovery Mining announced that in September 2026 it appointed veteran mining executive William “Bill” Shaver to its board and promoted multiple senior leaders across operations, exploration, finance and corporate development. This reshaped leadership bench concentrates decades of mine design, construction and project execution experience inside Discovery Mining. It directly targets core execution areas such as throughput, cost control and long horizon project delivery. We will now see how...