Canadian IT Stock News

Foran Mining (TSX:FOM) is in focus after the latest Canadian Federal Budget expanded the Clean Technology Manufacturing Investment Tax Credit to cover polymetallic extraction and processing. This policy update could attract increased investment into Canada’s critical minerals sector. See our latest analysis for Foran Mining. Foran Mining’s share price has rebounded strongly in recent weeks, gaining 47% over the past 90 days as investors weigh the potential impact of the tax credit expansion...

Strathcona Resources Ltd. recently reported its third quarter 2025 results, with revenue of CA$903 million and net income of CA$573.2 million for the quarter, compared to CA$973.1 million revenue and CA$188 million net income in the same period last year. While revenues and earnings per share from continuing operations declined year-over-year, net income saw a very large increase, suggesting significant changes either in non-operating items or one-time gains. We’ll explore how the sharp rise...

Green Thumb Industries (CNSX:GTII) posted its third quarter 2025 earnings this week, showing both revenue and net income on the rise. The company’s results benefited from launching adult-use cannabis sales at all eight RISE Dispensaries in Minnesota. Additional share repurchases and a new labor deal added to the strong narrative. See our latest analysis for Green Thumb Industries. Green Thumb Industries’ recent third-quarter results and expansion into the Minnesota adult-use market have...

Torex Gold Resources (TSX:TXG) has been on investors' radar lately, especially as its share price climbed over 4% in the past day and surged nearly 37% in the past 3 months. These gains highlight how quickly sentiment can shift in the gold sector. See our latest analysis for Torex Gold Resources. It’s not just a one-day pop, either; Torex Gold Resources’ share price has enjoyed sustained momentum, with a 94% year-to-date return and nearly doubling total returns for shareholders over the past...

NexGen Energy (TSX:NXE) released its third quarter 2025 earnings, revealing a sharp shift from profit to significant net loss compared to the same period last year. This reversal has caught the attention of many investors. See our latest analysis for NexGen Energy. After a string of positive momentum earlier in the year, NexGen Energy’s share price has cooled recently, closing at $12.32 after a 1-day return of 0.98%. Despite a volatile stretch surrounding its latest earnings report, the stock...

It's been a mediocre week for Pet Valu Holdings Ltd. ( TSE:PET ) shareholders, with the stock dropping 16% to CA$29.35...

As October closed with markets near record highs, Canadian investors are navigating a landscape shaped by easing trade tensions and cautious central bank policies. In this environment, identifying undervalued stocks on the TSX requires a keen eye for companies that demonstrate resilience amid shifting economic signals and possess strong fundamentals that may not yet be fully recognized by the market.

The Canadian market has shown resilience, closing October near record highs despite potential disruptions from geopolitical tensions and central bank policies. In such a climate, investors often look for opportunities in less conventional areas like penny stocks—an outdated term that still signifies smaller or newer companies with potential growth. By focusing on those with strong financials, investors may find promising opportunities among these under-the-radar stocks.

Cameco (TSX:CCO) posted standout numbers, delivering earnings growth of 60.5% per year over the past five years, with its most recent annual EPS growth accelerating to 107.5%, well ahead of its longer-term average. Net profit margin climbed to 14.9%, up notably from last year's 9.7%. Revenue is forecast to rise 6.2% per year and earnings at 22.1% per year, both outpacing the broader Canadian market. For investors, these results underscore a strong phase of earnings momentum and operational...

GFL Environmental Inc. recently announced its third-quarter and nine-month results for 2025, reporting sales of CA$1.69 billion and net income of CA$114.3 million for the quarter, with both figures higher than the same period last year. Basic earnings per share from continuing operations rose to CA$0.28 this quarter, reflecting a significant increase compared to CA$0.06 a year ago. We’ll examine what the strong improvement in earnings and sales means for the company’s investment case going...

Shareholders appeared to be happy with Methanex Corporation's ( TSE:MX ) solid earnings report last week. According to...

West Fraser Timber (TSX:WFG) has made strategic changes to its operations recently, including trimming high-cost production and acquiring key lumber and OSB assets, as it aims to weather industry headwinds and boost future profitability. See our latest analysis for West Fraser Timber. After a sharp drop in recent months, West Fraser Timber’s 1-year total shareholder return stands at -36.02%, with the share price currently at $81.67. While momentum has faded lately, management’s cost-cutting...

Bitfarms (TSX:BITF) is making waves with news of a new high-performance computing campus at Panther Creek and a push beyond its core Bitcoin mining business. Investors are watching closely as confidence in its growth builds. See our latest analysis for Bitfarms. Bitfarms’ focus on high-performance computing and steady expansion has translated into serious share price momentum over the past year, with a 1-month share price return of 19.3% and a staggering 147.8% year-to-date. Over the longer...

Athabasca Oil (TSX:ATH) delivered a batch of updates, including its third quarter earnings, a production outlook for 2025, and news on its ongoing share buyback. Investors are watching these signals closely for future direction. See our latest analysis for Athabasca Oil. Athabasca Oil’s steady third quarter results and robust production outlook have helped fuel momentum in the stock, with a 25% share price return over the last 90 days and a total shareholder return of 34% for the year. The...

WSP Global Inc. recently announced its third-quarter and nine-month financial results, reporting sales of CA$4.53 billion and CA$13.43 billion, with net income rising to CA$284.5 million and CA$708 million, respectively, both showing increases from the previous year. This period’s strong growth in net income and earnings per share points to continuing momentum in operational performance and improved profitability. We’ll explore how WSP Global’s robust growth in quarterly net income could...

On November 5, 2025, Pembina Pipeline Corporation and Petroliam Nasional Berhad (PETRONAS) announced the signing of a 20-year agreement for 1.0 million tonnes per annum of liquefaction capacity at the Cedar LNG facility by their subsidiaries. This agreement represents a crucial step in Pembina's efforts to remarket previously committed Cedar LNG capacity, supporting the project's development timeline and economic objectives. We'll explore how this long-term PETRONAS agreement bolsters...

Birchcliff Energy’s stock has shown real momentum, with a 16.8% share price return in the past month and a robust 23.4% gain year-to-date.

When you see that almost half of the companies in the Machinery industry in Canada have price-to-sales ratios (or...

Celebrations may be in order for Celestica Inc. ( TSE:CLS ) shareholders, with the analysts delivering a significant...

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

When close to half the companies operating in the Renewable Energy industry in Canada have price-to-sales ratios (or...

Unfortunately for some shareholders, the Bragg Gaming Group Inc. ( TSE:BRAG ) share price has dived 28% in the last...

The market was pleased with the recent earnings report from Amerigo Resources Ltd. ( TSE:ARG ), despite the profit...

Market forces rained on the parade of Healwell AI Inc. ( TSE:AIDX ) shareholders today, when the analysts downgraded...