Check out the latest penny stocks making waves on the TSX and TSXV this August.
The Canadian penny stock market offers various investment opportunities for those looking to diversify their portfolios. Here’s a look at some of the top penny stocks currently trading on the TSX and TSXV:
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Stocks in this list
Live snapshots — open any name for the full quote and Wealth Awesome price forecast.
Mega Uranium Ltd.
MGA.TO
Energy
$0.630
$242.49M
1D
+3.28%
1W
+3.28%
Genesis Land Development Corp.
GDC.TO
Real Estate
$3.270
$184.05M
1D
+0.31%
1W
-1.51%
Eloro Resources Ltd.
ELO.TO
Materials
$2.080
$248.91M
1D
+6.12%
1W
+1.46%
Pine Cliff Energy Ltd
PNE.TO
Energy
$0.540
$193.75M
1D
-1.82%
1W
+3.85%
STLLR Gold Inc.
STLR.TO
$2.010
$304.99M
1D
+6.91%
1W
+17.54%
Beyond Oil Ltd.
BOIL.TO
$2.070
$168.08M
1D
-2.82%
1W
-1.43%
Generation Mining Ltd
GENM.TO
Materials
$0.800
$258.27M
1D
+5.26%
1W
+1.27%
Patagonia Gold Corp
PGDC.V
Materials
$0.550
$258.36M
1D
-1.79%
1W
+5.77%
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| Company Name | Ticker | Price (CA$) | Market Cap (CA$) | 1D Change | 1W Change | Sector |
|---|---|---|---|---|---|---|
| Mega Uranium Ltd. | MGA.TO | 0.520 | 199.6M | +0.00% | -1.89% | Energy |
| Genesis Land Development Corp. | GDC.TO | 3.530 | 198.7M | +0.00% | -1.67% | Real Estate |
| Eloro Resources Ltd. | ELO.TO | 1.650 | 197.5M | +0.00% | +0.00% | Materials |
| Pine Cliff Energy Ltd | PNE.TO | 0.550 | 197.3M | +0.00% | +0.00% | Energy |
| STLLR Gold Inc. | STLR.TO | 1.290 | 195.3M | +0.00% | -3.73% | — |
| Beyond Oil Ltd. | BOIL.TO | 2.390 | 194.0M | +0.00% | +6.22% | — |
| Generation Mining Ltd | GENM.TO | 0.600 | 193.6M | +0.00% | -4.00% | Materials |
| Patagonia Gold Corp | PGDC.V | 0.405 | 190.2M | +0.00% | -10.00% | Materials |
| PPX Mining Corp | PPX.V | 0.215 | 186.9M | +0.00% | +0.00% | Materials |
| Northcliff Resources Ltd | NCF.TO | 0.295 | 186.0M | +0.00% | +3.51% | Materials |
| OrganiGram Holdings Inc | OGI.TO | 1.310 | 184.4M | +0.00% | -1.50% | Health Care |
| CYGAM Energy Inc. | CYG.V | 0.150 | 184.1M | +0.00% | +11.11% | Materials |
Investor takeaway: Keep in mind the volatility and potential growth of these penny stocks, along with the risks that come with investing in smaller companies.
Top Penny Stocks by Market Capitalization
These penny stocks have market capitalizations ranging from CA$184.1M to CA$199.6M, showing a concentrated range in the small-cap sector.
Mega Uranium Ltd. (MGA.TO)
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Mega Uranium Ltd. focuses on exploring and developing uranium properties. With a market cap of CA$199.6 million, it plays a significant role in the energy sector. The stock price is currently CA$0.520, reflecting a stable position despite a slight decline over the past week. If you’re interested in uranium and energy resources, Mega Uranium's activities might catch your eye.
Genesis Land Development Corp. (GDC.TO)
Genesis Land Development Corp. operates in the real estate sector, focusing on land development. Priced at CA$3.530, it has a market cap of CA$198.7 million. The stock has shown resilience, although it experienced a minor decline of 1.67% over the past week. This makes it an interesting option for those looking to invest in real estate development in Canada.
Eloro Resources Ltd. (ELO.TO)
Eloro Resources Ltd. explores mineral properties, specifically in the materials sector. With a stock price of CA$1.650 and a market cap of CA$197.5 million, Eloro has maintained a steady position in the market. The company hasn’t seen significant movement in the past week, making it a stable option for investors interested in materials-focused stocks.
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