Canadian Stock News

The Canadian market is currently experiencing a tug of war between rising oil prices and inflation risks on one side, and strong corporate profits and investment in artificial intelligence on the other. Amidst these dynamics, penny stocks—often seen as relics from past market eras—continue to offer intriguing opportunities for investors willing to explore smaller or newer companies with solid financial foundations. In this article, we will highlight three TSX penny stocks that stand out for...

In the current Canadian market landscape, strong and accelerating corporate profits are playing a crucial role in offsetting challenges such as higher energy prices and inflation pressures, with economic fundamentals remaining solid. As business investment surges and consumers continue to spend, growth companies with high insider ownership stand out for their potential to capitalize on these conditions by driving significant revenue growth.

The recent price decline of 10.0% in Sixty Six Capital Inc.'s ( CSE:SIX ) stock may have disappointed insiders who...

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...

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

In April 2026, Xanadu Quantum Technologies filed and then closed a large shelf registration for its Class B Subordinate Voting Shares, totaling about US$8.55 billion for 293,655,720 securities, while also preparing to report first-quarter 2026 results on May 14, 2026. A separate April 2026 announcement from Oak Ridge National Laboratory highlighted a collaboration that puts Xanadu’s PennyLane software and Lightning simulator on the Frontier supercomputer, giving researchers powerful tools to...

In recent months, Torex Gold Resources has drawn increased attention for its ongoing expansion efforts, especially the Media Luna project and related infrastructure upgrades in Mexico. This focus highlights how Torex’s attempt to grow its production base through major underground development could meaningfully reshape its long-term operating profile and risk mix. Now we’ll examine how the Media Luna expansion emphasis could influence Torex Gold’s existing investment narrative and...

NTG Clarity Networks Inc.'s ( CVE:NCI ) lackluster earnings announcement last week disappointed investors. We think...

Advantage Energy (TSX:AAV) is in focus after Q1 2026 earnings showed revenue of CA$199.81 million and net income of CA$29.53 million, alongside higher production and the completion of its Progress gas plant. See our latest analysis for Advantage Energy. Despite the strong Q1 figures and recent operational milestones, the share price at CA$10.3 has a year to date share price return of negative 12.19%, while the 5 year total shareholder return of 197.69% points to a very large long term gain...

In recent days, Wall Street analysts have projected year-over-year growth in Nutrien’s first-quarter earnings and revenue, while several firms upgraded their ratings based on an improved outlook for agricultural and fertilizer demand. These upgrades also highlight how Nutrien’s exposure to potash and phosphate, and potential supply-chain risks such as a Strait of Hormuz blockade, could materially influence its future operating conditions. We’ll now examine how the recent analyst upgrades...

Event overview and why Parex Resources is on investors’ radar Parex Resources (TSX:PXT) stock has drawn fresh attention after recent price moves, with the share price now at CA$28.30. This is supported by reported annual revenue of CA$887.497 million and net income of CA$255.083 million. See our latest analysis for Parex Resources. At a share price of CA$28.30, Parex Resources has recently seen firm short term momentum, with a 1 day share price return of 1.51% and a 90 day share price return...

Wondering whether Canadian National Railway at around $148.92 is offering good value right now, or if most of the opportunity is already in the price. The stock has had a mixed run, with a 5.0% decline over the last 7 days, a 2.8% gain over 30 days, and returns of 8.1% year to date and 12.1% over the past year. These moves sit against a backdrop where investors are closely watching how major rail operators are positioned and how sentiment toward transportation stocks is evolving. For a long...

Why Boralex (TSX:BLX) is on investors’ radar today Boralex (TSX:BLX) has quietly drawn fresh attention after a strong total return over the past 3 months and year to date, prompting investors to reassess how its current share price lines up with fundamentals. See our latest analysis for Boralex. While the share price is around CA$36.74 after a small 1 day pullback, the 90 day share price return of 42.62% and positive year to date move suggest momentum has recently picked up despite a flat 3...

Recently, commentary on Power Corporation of Canada examined how its latest share price weakness has reignited discussion around how the company should be valued, given its blend of traditional financial services and alternative investments. The debate underscores how different valuation models can produce divergent views on Power Corporation’s worth, largely because its hybrid business mix does not fit neatly into standard financial sector peer comparisons. We’ll now explore how this...

In April 2026, DeFi Technologies Inc. reported that QCAD, the Canadian dollar stablecoin developed by its venture portfolio company Stablecorp, became available for trading on global digital asset exchange Kraken, while TenX Protocols Inc. partly paid a CAD$150,000 fee by issuing 612,745 shares and CAD$50,000 in cash to DeFi Technologies for advisory services. The QCAD listing on Kraken highlights DeFi Technologies’ role in developing compliant, locally denominated stablecoin infrastructure,...

Bird Construction (TSX:BDT) has entered a majority Indigenous-owned partnership with Marten Falls First Nation through Piinahzii Limited Partnership, targeting community-focused infrastructure projects and issuing about 20,000 common shares to its Indigenous partner. See our latest analysis for Bird Construction. That partnership news lands at a time when momentum in Bird Construction’s stock is strong, with a 30 day share price return of 32.29% and a 1 year total shareholder return of...

Celebrations may be in order for International Petroleum Corporation ( TSE:IPCO ) shareholders, with the analysts...

Granite Real Estate Investment Trust (TSX:GRT.UN) has been busy reshaping its portfolio, completing acquisitions and dispositions that tilt further toward logistics and industrial properties. It has also lifted its targeted annualized distribution and maintained higher monthly payouts. See our latest analysis for Granite Real Estate Investment Trust. The recent acquisitions and higher distribution policy sit alongside a solid run in the stock, with a 9.47% 1 month share price return and a...

The Canadian market has shown resilience, with strong corporate earnings offsetting challenges such as higher energy prices and inflation pressures. In this context, penny stocks—often associated with smaller or newer companies—remain an intriguing investment area due to their potential for growth at lower price points. Despite being considered a somewhat outdated term, these stocks can offer significant opportunities when backed by solid financials and sound business strategies.

Markets are wrestling with sticky inflation, high bond yields and mixed growth signals across major economies, which can leave broad index investing feeling blunt and noisy. That is where high quality smaller stocks with solid fundamentals and limited institutional ownership can stand out. This High-Quality Undiscovered Gems screener focuses on financially robust small caps that many large funds are not yet paying attention to. It gives you a chance to research potential future leaders before...

Equinox Gold (TSX:EQX) is back in focus after strong Q1 production, a successful Valentine mine ramp up, significant debt reduction, and a new dividend, all announced ahead of its May 6 financial results. See our latest analysis for Equinox Gold. Despite a recent 6.4% 30 day share price decline and a 7.6% 90 day share price pullback to around CA$19.03, the 1 year total shareholder return of 111.4% and 3 year total shareholder return of about 1.5x suggest momentum has been strong. Recent Q1...

The market for BQE Water Inc.'s ( CVE:BQE ) stock was strong after it released a healthy earnings report last week...

Raised 2026 guidance puts acquisitions in focus GFL Environmental (TSX:GFL) lifted its full year 2026 revenue outlook after reporting record first quarter adjusted EBITDA margins and better than expected revenue, tying the upgrade directly to eight acquisitions completed so far. The company now expects 2026 revenue of about CA$7.32b to CA$7.34b, an increase of roughly CA$320 million to CA$340 million versus its original February guidance, reflecting added scale from recent deals. See our...

The Canadian market has been resilient, with strong corporate earnings offsetting challenges from rising energy prices and inflation pressures. As the TSX continues to show robust growth, identifying stocks that may be undervalued becomes crucial for investors looking to capitalize on potential opportunities amidst these favorable economic fundamentals.