Simply Wall St
4 min read
The Canadian market is experiencing a robust start to the fourth-quarter earnings season, with expectations of strong year-over-year growth for the TSX. In such a climate, penny stocks—often representing smaller or newer companies—remain an intriguing area for investors seeking potential growth opportunities at lower price points. Despite their somewhat outdated label, these stocks can offer significant upside when supported by solid financial health and fundamentals.
|
Name |
Share Price |
Market Cap |
Financial Health Rating |
|
Westbridge Renewable Energy (TSXV:WEB) |
CA$1.98 |
CA$49.8M |
★★★★★★ |
|
Cannara Biotech (TSXV:LOVE) |
CA$1.81 |
CA$164.75M |
★★★★★★ |
|
Zoomd Technologies (TSXV:ZOMD) |
CA$1.15 |
CA$124.98M |
★★★★★★ |
|
Montero Mining and Exploration (TSXV:MON) |
CA$0.77 |
CA$5.35M |
★★★★★★ |
|
Medexus Pharmaceuticals (TSX:MDP) |
CA$2.89 |
CA$92.52M |
★★★★☆☆ |
|
CEMATRIX (TSX:CEMX) |
CA$0.365 |
CA$54.65M |
★★★★★★ |
|
Thor Explorations (TSXV:THX) |
CA$1.61 |
CA$1.02B |
★★★★★★ |
|
Pulse Seismic (TSX:PSD) |
CA$3.88 |
CA$191.2M |
★★★★★★ |
|
Caldwell Partners International (TSX:CWL) |
CA$0.98 |
CA$29.14M |
★★★★★★ |
|
Hemisphere Energy (TSXV:HME) |
CA$2.09 |
CA$196.18M |
★★★★★★ |
Click here to see the full list of 367 stocks from our TSX Penny Stocks screener.
Here’s a peek at a few of the choices from the screener.
Simply Wall St Financial Health Rating: ★★★★★★
Overview: Stock Trend Capital Inc. is an investment company focusing on the crypto, Canadian cannabis, and artificial intelligence industries with a market cap of CA$6.60 million.
Operations: The company’s revenue segment is Corporate and Development, which reported -CA$0.23 million.
Market Cap: CA$6.6M
Stock Trend Capital Inc., with a market cap of CA$6.60 million, focuses on the crypto, Canadian cannabis, and AI sectors. The company is pre-revenue with reported negative revenue of CA$0.23 million but has become profitable in the past year. It boasts a high return on equity at 26.7% and maintains no debt or long-term liabilities, indicating strong financial health despite its small size. Its experienced board and management team add to its credibility in navigating volatile markets, although its share price remains highly volatile compared to most Canadian stocks.
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Jump into the full analysis health report here for a deeper understanding of Stock Trend Capital.
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Evaluate Stock Trend Capital’s historical performance by accessing our past performance report.
Simply Wall St Financial Health Rating: ★★★★★★
Overview: Pulse Seismic Inc. acquires, markets, and licenses 2D and 3D seismic data for the energy sector in Canada, with a market cap of CA$191.20 million.
