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Top penny stocks on the TSX & TSXV — August 24, 2026

By Wealth Awesome -
Stocks & ETFs:SPA.VMGG.VLGC.VGSI.VLOVE.TO

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Explore the latest penny stocks making waves on the TSX and TSXV as of August 24, 2026.

As of August 24, 2026, the following penny stocks are attracting attention on the TSX and TSXV. Below is a summary of their current prices and market capitalizations:

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Stocks in this list

Live snapshots — open any name for the full quote and Wealth Awesome price forecast.

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TickerCompany NamePrice (CA$)Market Cap (CA$)1D Change1W ChangeSector
SPA.VSpanish Mountain Gold Ltd0.380199.6M+2.70%+6.29%Materials
MGG.VMinaurum Silver Inc.0.390199.3M-1.27%+2.63%Materials
LGC.VLavras Gold Corp3.190198.6M+10.00%+1.92%Materials
GSI.VGatekeeper Systems Inc1.770197.5M+1.14%0.00%Information Tech
LOVE.TOCannara Biotech Inc.1.990196.6M+0.51%+0.51%
MOLY.TOGreenland Resources Inc.1.440194.7M+2.86%+4.35%
AXO.VAxo Copper Corp0.900194.6M+3.45%-4.26%
PNE.TOPine Cliff Energy Ltd0.540193.7M-1.82%+3.85%Energy
GHRT.VGreenheart Gold Inc.0.900192.9M+20.00%+26.76%
LAM.TOLaramide Resources Ltd.0.650190.3M+6.56%+6.56%Energy
EM.VErrington Metals Inc.4.050189.6M-4.71%Materials
GDC.TOGenesis Land Development Corp.3.270184.0M+0.31%-1.51%Real Estate

Investor takeaway: The penny stock market can be volatile, but these companies are currently showing momentum. Investors should consider their individual strategies and risk tolerance when exploring these options.

Current Market Performance of Top Penny Stocks

The top penny stocks on the TSX and TSXV are showing varied performance, with some experiencing significant one-day gains, indicating potential volatility.

Bull case

The materials sector is attracting interest due to a possible recovery in commodity prices. This trend could benefit companies like Spanish Mountain Gold Ltd and Minaurum Silver Inc.

Bear case

Penny stocks come with inherent risks. Rapid fluctuations in market sentiment can lead to quick price changes, as we’ve seen with some of these companies.

Spanish Mountain Gold Ltd (SPA.V)

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Spanish Mountain Gold Ltd is focused on developing its flagship Spanish Mountain Gold Project in British Columbia. With a recent price of CA$0.380, the company has seen a 2.70% increase in one day and a 6.29% rise over the week. Investors are watching this company closely as it navigates the challenges and opportunities in the gold mining sector.

Minaurum Silver Inc. (MGG.V)

Minaurum Silver Inc. is dedicated to exploring and developing silver projects in Mexico. Currently priced at CA$0.390, the stock experienced a slight decline of 1.27% in one day but has shown a modest increase of 2.63% over the week. The company’s focus on silver could attract investors looking to capitalize on potential commodity price movements.

Lavras Gold Corp (LGC.V)

Lavras Gold Corp is engaged in the exploration and development of gold properties in Brazil. The stock has surged by 10.00% in one day, reaching CA$3.190, reflecting strong market interest. With a market cap of CA$198.6M, Lavras Gold's recent performance highlights its potential in the materials sector, particularly for investors interested in gold.


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Wealth Awesome
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Published: August 24, 2026
Last Updated: August 24, 2026
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