As the Canadian market navigates potential rate cuts and economic stabilization, investors are keenly observing opportunities that may arise from these shifts. Penny stocks, though often overlooked in favor of larger names, can provide unique opportunities for those willing to explore beyond traditional investments. These smaller or newer companies might surprise with their potential for growth and financial resilience, making them intriguing options for investors seeking under-the-radar prospects.
Top 10 Penny Stocks In Canada
| Name | Share Price | Market Cap | Rewards & Risks |
| Westbridge Renewable Energy (TSXV:WEB) | CA$2.65 | CA$61.7M | ✅ 3 ⚠️ 4 View Analysis > |
| Canso Select Opportunities (TSXV:CSOC.A) | CA$4.79 | CA$20.72M | ✅ 2 ⚠️ 2 View Analysis > |
| Montero Mining and Exploration (TSXV:MON) | CA$0.33 | CA$2.76M | ✅ 2 ⚠️ 4 View Analysis > |
| CEMATRIX (TSX:CEMX) | CA$0.325 | CA$47.31M | ✅ 2 ⚠️ 1 View Analysis > |
| Thor Explorations (TSXV:THX) | CA$1.11 | CA$711.87M | ✅ 3 ⚠️ 2 View Analysis > |
| Automotive Finco (TSXV:AFCC.H) | CA$0.99 | CA$19.82M | ✅ 2 ⚠️ 3 View Analysis > |
| Amerigo Resources (TSX:ARG) | CA$2.35 | CA$382.73M | ✅ 3 ⚠️ 2 View Analysis > |
| Pulse Seismic (TSX:PSD) | CA$3.52 | CA$176.63M | ✅ 2 ⚠️ 1 View Analysis > |
| Hemisphere Energy (TSXV:HME) | CA$1.99 | CA$189.86M | ✅ 3 ⚠️ 1 View Analysis > |
| Matachewan Consolidated Mines (TSXV:MCM.A) | CA$0.67 | CA$8.34M | ✅ 2 ⚠️ 4 View Analysis > |
Click here to see the full list of 409 stocks from our TSX Penny Stocks screener.
Underneath we present a selection of stocks filtered out by our screen.
Stock Trend Capital (CNSX:PUMP)
Simply Wall St Financial Health Rating: ★★★★★★
Overview: Stock Trend Capital Inc. is an investment company focused on the crypto, Canadian cannabis, and artificial intelligence industries, with a market cap of CA$6.60 million.
Operations: The company's revenue segment, Corporate and Development, reported CA$-0.36 million.
Market Cap: CA$6.6M
Stock Trend Capital Inc., with a market cap of CA$6.60 million, is pre-revenue, reporting negative revenue of CA$0.36 million for the year ended April 30, 2025. Despite this, the company achieved a net income of CA$0.64 million compared to a previous net loss, indicating improved profitability. It has no debt and boasts high-quality earnings with a strong return on equity at 24.5%. However, its auditor expressed doubts about its ability to continue as a going concern due to financial uncertainties. The share price remains highly volatile over recent months but shareholder dilution has been minimal.
- Click here to discover the nuances of Stock Trend Capital with our detailed analytical financial health report.
- Understand Stock Trend Capital's track record by examining our performance history report.
Alta Copper (TSX:ATCU)
Simply Wall St Financial Health Rating: ★★★★☆☆
Overview: Alta Copper Corp. is a mineral exploration company focused on acquiring, exploring, and developing mineral properties in Canada and Peru, with a market cap of CA$50.81 million.
Operations: Currently, there are no reported revenue segments for this mineral exploration company.
Market Cap: CA$50.81M
Alta Copper Corp., with a market cap of CA$50.81 million, is pre-revenue and remains unprofitable, as evidenced by its recent net losses of US$0.176 million for the second quarter and US$0.385 million for the first half of 2025. Despite this, it has no debt or long-term liabilities, suggesting a clean balance sheet but limited financial runway with less than a year of cash available at current burn rates. The management team and board are experienced, though the company faces challenges in profitability growth and maintaining operational stability without significant shareholder dilution recently observed.
- Take a closer look at Alta Copper's potential here in our financial health report.
- Learn about Alta Copper's historical performance here.
Yangarra Resources (TSX:YGR)
Simply Wall St Financial Health Rating: ★★★★☆☆
Overview: Yangarra Resources Ltd. is a junior oil and gas company focused on the exploration, development, and production of natural gas and conventional oil in Western Canada, with a market cap of CA$101.28 million.
Operations: The company's revenue is primarily generated from the production, exploration, and development of resource properties, totaling CA$112.70 million.
Market Cap: CA$101.28M
Yangarra Resources Ltd., with a market cap of CA$101.28 million, faces challenges typical for penny stocks, including declining production and revenue. Recent guidance indicates reduced production targets for 2025, while second-quarter earnings showed a drop in both revenue (CA$31.91 million) and net income (CA$6.77 million) compared to the previous year. Although the company has a seasoned management team and board, financial metrics reveal concerns: short-term assets do not cover liabilities, profit margins have decreased from last year, and earnings growth is negative despite satisfactory debt levels and high-quality past earnings.
- Unlock comprehensive insights into our analysis of Yangarra Resources stock in this financial health report.
- Gain insights into Yangarra Resources' future direction by reviewing our growth report.
Where To Now?
- Access the full spectrum of 409 TSX Penny Stocks by clicking on this link.
- Curious About Other Options? Uncover 10 companies that survived and thrived after COVID and have the right ingredients to survive Trump's tariffs.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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