Canadian Stock News

Bank of Nova Scotia stock came into today with a strong three month run and a fresh close at CA$129.81, so expectations were high. The headline from this quarter is simple: profit power beat sentiment. Net income excluding extra items reached CA$2,778m and basic earnings per share came in at CA$2.27, supported by a stable net interest margin of 2.49%. The market now has to decide whether a record style earnings print with steady margins justifies the recent share price strength, or if the...

Bank of Montreal stock goes into this earnings story looking tired, with the share price down over the past week and month even after a solid run over ninety days. The mood on the screen contrasts with what the bank just delivered. Adjusted earnings per share hit CA$3.96 and adjusted net income reached a record CA$2.9b, backed by 14% return on equity and firmer margins. The real flashpoint for sentiment is profitability. Investors now need to decide whether today’s muted pricing reflects...

West Red Lake Gold Mines stock came into the Q2 print riding a sharp run, with double digit gains over the past week and month. The latest move is all about one question: does a junior gold producer with a trailing P/E of 23.3x really earn that kind of confidence after a single quarter of stronger numbers? The headline is simple. Q2 2026 flipped the earnings story from patchy to profitable, with roughly CA$49.2 million in revenue and net income of about CA$14.7 million. The market is now...

Earlier in 2026, Ivanhoe Mines reported stronger copper production momentum at the Kamoa-Kakula Complex, with its on-site smelter now operating and generating sulphuric acid by-product to help offset processing costs. At the same time, the company’s Kipushi zinc mine delivered record quarterly output while Platreef continued its ramp-up and expansion, pointing to operational progress across multiple assets. We’ll now explore how the successful Kamoa-Kakula smelter start-up may influence...

Northland Power stock has delivered a decline of about 37.0% over the past five years, yet the latest valuation checks suggest the shares may now trade at a discount to what its cash flows and earnings imply. Over the past five years the share price has fallen about 37.0%, which leaves current investors focused on whether the market has become overly cautious on Northland Power. Progress on large offshore wind and energy storage projects can support expectations for future cash flows, while...

In August 2026, the Eastern Ontario Regional Network announced the successful completion of the CAD 300 million EORN Cell Gap Project with Rogers Communications, which saw Rogers invest CAD 150 million to build 346 new wireless sites and upgrade 311 existing sites with 5G equipment across eastern Ontario. This extensive public‑private buildout, targeting near‑ubiquitous voice and data coverage where people live, work and travel, highlights how infrastructure partnerships can extend Rogers’...

Hammond Power Solutions (TSX:HPS.A) recently reported record quarterly sales of about CA$325 million, up 45% year over year, driven largely by data center demand in the U.S. and Mexico linked to AI infrastructure. Despite the strong trading update, Hammond Power Solutions’ share price has eased recently, with a 7 day share price return of down 5.36% and a 30 day share price return of down 14.09%, even as the year to date share price return is 45.15% and the 1 year total shareholder return is...

Highlander Silver Corp. previously reported second-quarter 2026 results, posting sales of US$37.9 million and a net loss of US$11.73 million, while six-month sales reached US$56.23 million. An interesting twist is that despite the quarterly loss, the company moved to a six-month net income of US$8.68 million, reversing the prior-year loss. Next, we examine how this shift to six-month profitability, despite a weaker second quarter, shapes Highlander Silver's investment narrative. The best AI...

AI infrastructure is pulling huge amounts of capital into data centers and high performance hardware, and Nvidia’s projected Q2 revenue of $92.17b plus the planned $500b financing program show how big this funding wave could be. For investors, that raises the question of which financing and asset management stocks might benefit most. This article walks through three stocks from our screener that appear positively exposed to this theme. The three stocks below are only a small sample from this...

Lundin Gold recently drew renewed investor interest as strong operational results at its Fruta del Norte mine coincided with supportive gold market conditions. This combination of robust mine performance, shareholder-focused capital allocation, and ongoing growth initiatives appears to have reinforced confidence in Lundin Gold’s longer-term operating profile. With strong Fruta del Norte performance underpinning sentiment, we’ll now examine how this development reshapes Lundin Gold’s existing...

The Canadian market has recently experienced fluctuations due to rising long-term bond yields, which have influenced investor sentiment and led to a temporary dip in stock prices. Despite these challenges, there are still opportunities for investors who can identify stocks with strong financial health and growth potential. Penny stocks, though an older term, remain relevant as they often represent smaller or newer companies that can offer significant value when backed by solid fundamentals.

Earlier this week, BlackBerry CEO John Giamatteo highlighted that QNX’s fastest-growing area is now robotics, spanning warehouse robots, robotic forklifts, and medical devices, alongside an expanded partnership with Nvidia to deploy QNX in industrial and medical physical AI applications. An interesting angle is how BlackBerry is keeping AI out of QNX’s safety-critical core while using it to speed testing and development, positioning the platform for long-term opportunities in robotaxis,...

Collective Mining (TSX:CNL) is back on investors’ radar after new metallurgical results from the Apollo system at Guayabales and an accelerated timeline toward a license application and maiden mineral resource estimate. The recent metallurgical news has arrived alongside building momentum in Collective Mining’s stock, with a 1-month share price return of 26.83% and a 7-day share price return of 12.63%, while the 1-year total shareholder return of 32.13% sits within a much larger multi-year...

Onex Corporation recently reported past second-quarter 2026 results, with revenue of US$202 million and net income of US$131 million, both lower than a year earlier, while also declaring a third-quarter dividend of C$0.10 per Subordinate Voting Share payable on October 31, 2026. The decision to maintain its quarterly dividend despite softer earnings highlights Onex’s emphasis on consistent capital returns supported by its investment platform and liquidity position. We’ll now examine how...

Cenovus Energy has produced very strong share price gains over the past five years, yet on broad valuation checks the stock still screens as inexpensive. That mix of a long run up and an apparently cheap multiple profile is what investors now have to weigh. The stock has returned about 364% over five years, which is a very large move that already bakes in a lot of optimism. Future cash generation from Cenovus Energy’s oil and gas assets can support the current price, while exposure to...

Equinox Gold has received a positive Record of Decision for its South Railroad open-pit heap leach project in Nevada, completing federal permitting under the National Environmental Policy Act and allowing early construction works to begin, with initial capital costs estimated at US$395 million including US$70–US$80 million in its updated 2026 guidance. The project, located within a 25,000-hectare land package on Nevada’s Carlin Trend and forecast to average 130,000 ounces of gold annually...

Allied Gold Corporation recently strengthened its governance framework by appointing veteran mining finance executive Joanna Pearson as an independent director and replacing KPMG LLP with Deloitte LLP as its external auditor, moves that reshaped both its board and audit oversight structure. The combination of Pearson’s deep mining-sector financial expertise and Deloitte’s new audit role may alter how investors assess Allied Gold’s risk controls, reporting quality, and longer-term...

Avino Silver & Gold Mines (TSX:ASM) released second quarter 2026 earnings that showed higher sales and net income than the same period last year, putting fresh attention on the stock’s recent performance. The earnings release has landed alongside strong share price momentum for Avino Silver & Gold Mines, with a 30-day share price return of 30.06% and a year to date share price return of 27.50%. The 1-year total shareholder return of 75.25% and very large 3 and 5 year total shareholder returns...

Bank of Nova Scotia stock has delivered a strong run over the past few years, while valuation checks now present a mixed picture that blends an intrinsic value signal of upside with market multiples that look closer to fair. For investors, the question is whether the recent gains have already captured most of that potential or if the shares still leave room based on current fundamentals. Over the past 3 years, Bank of Nova Scotia has returned 136.1%, which puts recent enthusiasm for the...

Magellan Aerospace (TSX:MAL) drew fresh investor attention after its August 12 earnings release, which reported higher sales and net income for both the second quarter and first half of 2026 compared with 2025. The share price reaction has been mixed in the short term, with a 1 day share price return of 1.64% following the results, but a 7 day share price return down 18.53%. However, the year to date share price return of 67.72% and a 1 year total shareholder return of 109.43% point to strong...

Aya Gold & Silver Inc. recently reported past second-quarter 2026 results showing sales of US$96.79 million and net income of US$34.59 million, with basic earnings per share from continuing operations of US$0.24. Over the first half of 2026, the company’s sales rose to US$214.07 million and net income reached US$82.91 million, highlighting markedly stronger profitability versus the same period a year earlier. With this sharp improvement in quarterly revenue and earnings, we’ll now examine...

The Canadian market has recently experienced volatility, influenced by rising long-term bond yields and concerns about the economy's ability to withstand higher borrowing costs. Despite these challenges, resilient economic activity and strong corporate profits suggest potential opportunities for investors. In this environment, identifying stocks that may be trading below their estimated value can be a strategic move, as they offer the possibility of growth when broader market conditions...

There's no doubt that money can be made by owning shares of unprofitable businesses. Indeed, Troilus Mining ( TSE:TLG...

In recent weeks, the Canadian stock market has been influenced by rising long-term bond yields, which have weighed on investor sentiment and led to a temporary pullback in equities. Despite these fluctuations, resilient economic activity and robust corporate profit growth continue to provide a supportive environment for stocks. In this context, growth companies with high insider ownership can offer unique opportunities due to their potential alignment of interests between management and...