Canadian Stock News

Richelieu Hardware Ltd. has released its results for the quarter and six months ended May 31, 2026, reporting year-over-year increases in sales to CA$532.05 million and net income to CA$23.24 million, and the board also approved a quarterly dividend of CA$0.1566 per share payable on August 7, 2026. The combination of incremental earnings growth and the continuation of an eligible dividend under the Income Tax Act of Canada underscores management’s emphasis on both profitability and returning...

On 7 July 2026, Lightworks, The Bank of Nova Scotia, Sun Life Financial and TELUS announced the AI Consortium, a cross-industry initiative to build and govern shared infrastructure for safe, large-scale enterprise artificial intelligence in regulated sectors. A central outcome is the Agentic Control Plane, already operating in production and handling more than two trillion AI tokens per month across members, underscoring TELUS’s role in shaping Canadian AI governance and...

First Majestic Silver Corp. recently reported higher second-quarter 2026 silver and gold output, raised its full-year 2026 production guidance across several key mines, and appointed veteran finance executive Neil Beaumont as its new Chief Financial Officer. The combination of upgraded mine-by-mine guidance and Beaumont’s extensive mining and institutional investment background signals a sharpened focus on operational efficiency and disciplined capital deployment across the portfolio. Next,...

Earlier this year, Ottawa’s major projects office began assessing Alberta’s proposed West Coast pipeline for possible “national interest” status, with Calgary-based Pembina Pipeline Corp. joining as an experienced operator and taking a 10% ownership stake during construction, plus an option for another 10% once the line is operational. If the project moves ahead, Pembina’s role in building out West Coast export capacity could enhance its midstream footprint while immediately boosting...

PrairieSky Royalty (TSX:PSK) has set the tone for Q2 2026 with total revenue of CA$168.9 million, basic EPS of CA$0.41 and net income of CA$95.4 million, alongside trailing twelve month revenue of CA$503.1 million, EPS of CA$1.04 and net income of CA$241.5 million. Over recent quarters the company has seen revenue move from CA$112.5 million and EPS of CA$0.24 in Q2 2025 to CA$168.9 million and EPS of CA$0.41 in Q2 2026, with trailing net profit supported by a 48% margin that highlights how...

With inflation trends easing in several major economies, bond yields retreating, and central banks reassessing how tight policy needs to be, investors are paying closer attention to companies where analysts still see healthy earnings growth ahead. That is where a Healthy high growth potential screener can help, by filtering for stocks that not only have strong growth forecasts over the next 3 years but also clear balance sheet support. In this article, three of the best stocks from this...

Artificial intelligence in healthcare sits at the intersection of two powerful forces investors are watching closely right now: pressure on costs and demand for better outcomes. With inflation data mixed across regions and central banks weighing their next moves, many investors are looking for themes driven less by broad cycles and more by real-world productivity and efficiency gains. The Transformative AI Healthcare Stocks screener focuses on companies using AI to improve diagnostics,...

What Franco-Nevada’s New Shelf Registration Could Mean For Investors Franco-Nevada (TSX:FNV) has filed a US$3b omnibus shelf registration covering common and preferred stock, debt securities, warrants, and subscription receipts. This filing gives the company broad flexibility for potential future financing or transactions. See our latest analysis for Franco-Nevada. The CA$285.28 share price has seen the 1-day share price return of 0.61% contrast with a 90-day share price return that is down...

Fortuna Mining (TSX:FVI) is back in focus after filing a NI 43-101 technical report for its Diamba Sud Gold Project in Senegal, which supports the feasibility study released at the end of June 2026. See our latest analysis for Fortuna Mining. At a share price of CA$11.97, Fortuna Mining has seen the share price decline 4.1% over the past month and 16.6% over the past quarter. However, its 1 year total shareholder return of 32.0% and 3 year total shareholder return of around 14x suggest longer...

Interest in Pan American Silver (TSX:PAAS) has picked up as investors look ahead to the upcoming August 12 earnings release, where forecasts point to higher year over year earnings and revenue. See our latest analysis for Pan American Silver. Recent sessions have been choppy for Pan American Silver, with the share price falling 9.18% over the past month and 22.38% over the past quarter. However, the 1 year total shareholder return of 52.24% and the 3 year total shareholder return of about 20x...

Cooling producer prices and softer wholesale inflation are shifting attention back to interest rate sensitive stocks, where even small moves in borrowing costs can influence margins, demand, and sentiment. With PPI down 0.4% in June and year over year wholesale inflation at 1.8%, markets are weighing the chance of steadier rates against the risk that rebounding crude oil prices and energy costs could reignite pressure. This article walks through three stocks from technology, housing related,...

Meta data centre agreement reshapes the outlook for Capital Power stock Capital Power (TSX:CPX) has attracted fresh investor attention after securing a long term Energy Supply Agreement with Meta Platforms Inc. to provide 250 megawatts for a planned Alberta data centre. The contract, which is expected to begin supplying power in the back half of 2028, is structured to provide capacity and energy payments backed by Capital Power’s Alberta generation fleet and extends the company’s roster of...

The Canadian market has been buoyed by strong performances in the energy and material sectors, contributing to significant earnings growth on the TSX. In such a climate, investors often look beyond established giants to discover opportunities among smaller or newer companies. Penny stocks, though an outdated term, remain relevant for those seeking potential growth at lower price points; when backed by solid financials and fundamentals, they can offer intriguing opportunities with less risk...

Northland Power (TSX:NPI) has hit a fresh inflection point, as the Baltic Power offshore wind project is now feeding electricity into Poland’s grid under a 25-year contract for difference that supports long-term revenue visibility. See our latest analysis for Northland Power. At a share price of CA$22.17, Northland Power has delivered a 21.41% year to date share price return, while its 1 year total shareholder return is slightly down 0.79% and the 5 year total shareholder return is down...

Imperial Oil stock has delivered a very large 5 year return, yet its valuation signals are split, with a Discounted Cash Flow (DCF) estimate pointing to meaningful upside while earnings based multiples suggest the shares are already priced generously. Imperial Oil has returned roughly 4.8x over 5 years, which puts added focus on whether current buyers are paying too much for past success. New projects and capacity such as the planned West Coast Oil Pipeline and related emission reduction...

Cameco recently confirmed that its Cigar Lake uranium mine in northern Saskatchewan has resumed production and restarted ore shipments after a temporary suspension caused by sulfuric acid plant issues at Orano’s McClean Lake mill. The company also reiterated that its 2026 Cigar Lake production outlook of 17.5 million to 18.0 million pounds of U3O8 on a 100% basis remains unchanged, easing concerns about any lasting operational impact from the disruption at the partner-operated mill. We’ll...

Earlier this year, Montage Gold Corp. reported an exploration update on its Didievi project in Côte d’Ivoire, where drilling at the Blaffo Guetto deposit extended mineralization over a 1.3km strike and prompted a new 60,000-meter drill program alongside ongoing Environmental & Social Impact Assessment work. The focus on converting a portion of Inferred Resources to Indicated status at Didievi underscores Montage Gold’s efforts to advance the project toward potential development with greater...

Alamos Gold (TSX:AGI) has come under closer scrutiny after reporting operational disruptions at its Young-Davidson mine, where seismic events and power outages prompted lower second quarter production guidance and a law firm investigation. See our latest analysis for Alamos Gold. At a share price of CA$41.28, Alamos Gold has seen its short term share price momentum fade, with the 30 day share price return down 16.08% and the 90 day share price return down 37.18%, while longer term performance...

Kinross Gold (TSX:K) has started an exploration drilling program at the Pipeline West/Clipper Gold Project in Nevada. The work is being carried out under an earn in agreement with Riley Gold Corp. The program targets areas in the Cortez District that have not previously been drill tested. Kinross Gold, a senior gold producer, is adding fresh exploration work in Nevada to its portfolio with the launch of drilling at Pipeline West/Clipper. For investors, this is a development tied to physical...

Leadership changes around AI and technology Manulife Financial (TSX:MFC) reshaped its senior technology ranks on July 1, 2026, appointing Jodie Karen Wallis as Global Chief AI Officer and redesignating Seamus Edward Weiland as Chief Technology & Operations Officer. For investors watching how the company uses AI and digital capabilities to support insurance and wealth management, these appointments provide another angle to recent attention on Manulife Financial's activities in Asia and its...

NGEx Minerals has reported past results from five Phase 4 drill holes at its 100% owned Lunahuasi copper-gold-silver project in San Juan, Argentina, including thick intervals with multi-metal copper equivalent grades calculated using assumed prices of US$3.00/lb copper, US$1,500/oz gold and US$18/oz silver. The presence of very high copper equivalent grades over both short and long intervals across several holes underscores the continuity and intensity of mineralization being outlined at...

The Canadian market has seen robust earnings growth, particularly driven by the energy and material sectors, contributing to a projected 32% increase in TSX earnings for the second quarter. As investors navigate these conditions, identifying stocks trading below their fair value can offer opportunities for those looking to capitalize on potential undervaluation amidst strong sector performance.

As the Canadian market experiences robust growth driven by the energy and material sectors, investors are keenly watching for signs of continued momentum in earnings improvements. Despite being an older term, penny stocks still represent a compelling investment area, particularly for those seeking opportunities in smaller or less-established companies. By focusing on firms with strong financials and clear growth potential, investors can uncover valuable prospects among these often-overlooked...

Magellan Aerospace (TSX:MAL) is back in focus after a Paradigm Capital research note reiterated its positive stance on the stock and highlighted the company’s teaming agreement with TKMS for Canada’s 12-submarine TKMS 212 CD fleet. See our latest analysis for Magellan Aerospace. Magellan Aerospace’s CA$32.16 share price has eased over the past week with a 7 day share price return of an 11.14% decline, but that sits against a 90 day share price return of 24.94% and an 80.17% 1 year total...