In Canada, recent economic indicators suggest a stabilization on the labor market and the inflation rates within the target range of the Bank of Canada, even if investors remain careful with potential market volatility. In the midst of these conditions are Penny shares – often representing smaller or newer companies – to offer intriguing growth opportunities at lower price points. By concentrating on strong financial data and solid basic principles, investors can discover hidden gems with the potential for impressive returns.
|
Name |
Share price |
Market capital |
Financial health assessment |
|
Westbridge Renewable Energy (TSXV: Web) |
Approx. $ 3.22 |
As $ 79.63 million |
★★★★★ |
|
Can select opportunities (TSXV: CSOC.A) |
Approx. $ 4.50 |
Approx $ 22.73m |
★★★★★ |
|
Montero Mining and Exploration (TSXV: Mon) |
Approx $ 0.285 |
As $ 2.42 million |
★★★★★ |
|
Cematrix (TSX: CEMX) |
Approx $ 0.365 |
Approx $ 54.82m |
★★★★★ |
|
Thor Explorations (TSXV: THX) |
Approx. $ 1.32 |
Approx. $ 838.27m |
★★★★★ |
|
Automotive Finco (TSXV: AFCC.H) |
Approx. $ 1.16 |
Approx. $ 21.6 million |
★★★★★ |
|
Amerigo Resources (TSX: ARG) |
Approx. $ 2.70 |
As $ 439.26 million |
★★★★★ ren |
|
Pulse Seismic (TSX: PSD) |
Approx. $ 3.56 |
As $ 180.18m |
★★★★★ |
|
Hemisphere Energy (TSXV: HME) |
Approx. $ 2.25 |
As $ 209.8 million |
★★★★★ |
|
Matachewan consolidated mines (TSXV: MCM.A) |
Approx $ 0.86 |
Approx. $ 10.7 million |
★★★★★ |
Click here to view the full list of 413 shares of our TSX Penny Stocks Screener.
This includes a selection of shares that are filtered out by our screen.
Simply Wall St Financial Health Assessment: ★★★★★
Overview: G2 Goldfields Inc. is involved in the acquisition and exploration of mineral property in Canada and Guyana, with a market capitalization of approximately $ 955.71 million.
Processing: The company’s turnover is fully derived from mineral exploration, in the amount of approximately $ 0.63 million.
Market capitalization: About $ 955.71 million
G2 Goldfields Inc., a pre-income company with a market capitalization of approximately $ 955.71 million, is actively investigating mineral property in Canada and Guyana. Recent developments include the issue of two large-scale prospect permits for his high-quality OKO-Ghanie Gold payment in Guyana, which includes 17,451 hectares. The company has also been added to the S&P Global BMI index and has completed a fully subscribed private placement that resulted in approximately $ 49.5 million. Although they have no debts and sufficient short -term assets to cover obligations, G2 remains unprofitable with increasing losses in the past five years, but continues to concentrate on exploratory successes.
Simply Wall St Financial Health Assessment: ★★★★ renvers
Overview: Image where Holdings Inc. A solutions company for Internet of Things (IIOT) is that hardware designs, produces and sells with sensors and software applications for following real-time information about equipment, tools and inventory in transit and at facilities, with a market capitalization of approximately $ 65.18 million.
Processing: The company’s turnover is fully derived from its software and programming segment, which generated approximately $ 19.45 million.
Market capitalization: As $ 65.18 million
Holdings Inc., with a market capitalization of approximately $ 65.18 million, focuses on IIOT solutions, in particular through its SOLL+ solar-driven trackers and Bemini Asset Trackers. Recent collaborations with fast transport and integration in Firstnet emphasize the possibilities of the company to offer cost-effective, real-time tracking solutions in North America. Despite a low return on equity (6%) and the negative profit growth in the past year, the company maintains high -quality income and it has become profitable in five years. Assets in the short term cover good obligations, but the operational cash flow remains negative, which indicates challenges in the debt cover.
Simply Wall St Financial Health Assessment: ★★★★ renvers
Overview: Golconda Gold Ltd. is concerned with the exploration, development and operation of gold competitions in Canada, the United States and South Africa with a market capitalization of approximately $ 129.31 million.
Processing: The company generates $ 22.95 million of its activities in exploring, developing and operating gold competitions.
Market capitalization: As $ 129.31 million
Golconda Gold Ltd., with a market capitalization of approximately $ 129.31 million, has demonstrated a significant financial improvement and reports US $ 7.67 million in turnover for Q2 2025 compared to US $ 2.98 million the previous year, and obtaining the net income of US $ 2.36 million The management and council of the company are experienced and the debt is well managed with the operational cash flow that it covers with 268.7%. However, short -term assets do not cover obligations that produce potential liquidity challenges. Despite recent profitability and high-quality income, Insider-Sales calls for concern about future trust with important stakeholders.
This article by Simply Wall St is generally in nature. We comment based on historical data and analyst forecasts that only use an unbiased methodology and our articles are not intended as financial advice. It is not a recommendation to buy or sell shares and does not take your objectives or your financial situation into account. We strive to bring you in the long term -targeted analysis, powered by fundamental data. Note that our analysis may not take into account the latest price -sensitive company announcements or qualitative material. Simply Wall St has no position in the aforementioned stocks.
Companies that are discussed in this article include TSX: GTWO TSXV: BEW and TSXV: GG.
This article was originally published by Simply Wall St.
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