Canadian Luxury Stock News

The Canadian market has shown resilience, with the TSX only down 4% from its record high, buoyed by a strong performance in the materials sector. In this context of cautious optimism and potential volatility, investors often look to penny stocks for opportunities that combine affordability with growth potential. While the term 'penny stocks' might seem dated, these smaller or newer companies can offer unique value when backed by solid financials and strategic positioning.

It's nice to see the Ballard Power Systems Inc. ( TSE:BLDP ) share price up 10% in a week. But spare a thought for the...

BluMetric Environmental (CVE:BLM) has had a great run on the share market with its stock up by a significant 41% over...

Sprott Inc.'s ( TSE:SII ) price-to-earnings (or "P/E") ratio of 27.2x might make it look like a strong sell right now...

Insiders who purchased CA$220.0k worth of Kirkland Lake Discoveries Corp. ( CVE:KLDC ) shares over the past year...

Key Insights The considerable ownership by retail investors in Keyera indicates that they collectively have a greater...

Insiders at AuQ Gold Mining Inc. ( CVE:AUQ ) sold CA$146k worth of stock at an average price of CA$0.16 a share over...

Altus Group Limited ( TSE:AIF ), is not the largest company out there, but it saw significant share price movement...

Following the solid earnings report from Decibel Cannabis Company Inc. ( CVE:DB ), the market responded by bidding up...

Key Insights Timbercreek Financial's Annual General Meeting to take place on 7th of May Salary of CA$115.1k is part of...

Some Aecon Group Inc. ( TSE:ARE ) shareholders are probably rather concerned to see the share price fall 37% over the...

Key Insights The considerable ownership by private equity firms in Coveo Solutions indicates that they collectively...

Key Insights Dundee Precious Metals will host its Annual General Meeting on 7th of May Salary of US$591.2k is part of...

Avricore Health's (CVE:AVCR) stock is up by a considerable 22% over the past week. As most would know, fundamentals are...

Buying shares in the best businesses can build meaningful wealth for you and your family. While not every stock...

Key Insights Chartwell Retirement Residences will host its Annual General Meeting on 7th of May Total pay for CEO Vlad...

Key Insights ADENTRA to hold its Annual General Meeting on 6th of May CEO Rob Brown's total compensation includes...

Key Insights Stella-Jones will host its Annual General Meeting on 7th of May CEO Eric Vachon's total compensation...

Key Insights Western Forest Products to hold its Annual General Meeting on 7th of May Total pay for CEO J. Hofer...

The latest analyst coverage could presage a bad day for Goodfood Market Corp. ( TSE:FOOD ), with the analysts making...

With a median price-to-sales (or "P/S") ratio of close to 1.1x in the Healthcare industry in Canada, you could be...

To the annoyance of some shareholders, Rivalry Corp. ( CVE:RVLY ) shares are down a considerable 28% in the last month...

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...

Halfway off the lows and halfway off the highs, the Canadian market is navigating a period of cautious optimism, with the TSX down just 4% from its record high, buoyed by strong gains in the materials sector. As investors look for opportunities amidst this uncertain backdrop, penny stocks—though an outdated term—remain relevant as they highlight smaller or less-established companies that can offer great value when backed by solid financials. In this article, we explore three penny stocks on...