Explore the latest penny stocks making waves on the TSX and TSXV this August.
In the world of penny stocks, opportunities can arise quickly, especially in the materials sector. Here’s a look at some of the top penny stocks currently trending on the TSX and TSXV as of August 7, 2026. The following table summarizes the current performance of these stocks:
Advertisement
Stocks in this list
Live snapshots — open any name for the full quote and Wealth Awesome price forecast.
Maple Gold Mines Ltd
MGM.V
Materials
$2.700
$196.82M
1D
-1.46%
1W
-1.82%
Black Mammoth Metals Corp
BMM.V
Materials
$4.010
$191.59M
1D
-4.07%
1W
+12.01%
OrganiGram Holdings Inc
OGI.TO
Health Care
$1.360
$191.45M
1D
+2.26%
1W
+0.00%
Valor Gold Corp.
VGC.TO
$3.670
$189.20M
1D
+6.69%
1W
+6.69%
Northcliff Resources Ltd
NCF.TO
Materials
$0.315
$189.13M
1D
+5.00%
1W
+14.55%
K2 Gold Corporation
KTO.V
Materials
$0.740
$188.95M
1D
-5.13%
1W
+4.23%
Cannara Biotech Inc.
LOVE.TO
$1.930
$188.67M
1D
+1.05%
1W
+2.66%
Atlas Salt Inc
SALT.V
Materials
$1.600
$187.71M
1D
+5.96%
1W
+14.29%
| Ticker | Company Name | Price (CA$) | Market Cap (CA$) | 1D Change | 1W Change | Sector |
|---|---|---|---|---|---|---|
| MGM.V | Maple Gold Mines Ltd | 2.700 | 196.8M | -1.46% | -1.82% | Materials |
| BMM.V | Black Mammoth Metals Corp | 4.010 | 191.6M | -4.07% | +12.01% | Materials |
| OGI.TO | OrganiGram Holdings Inc | 1.360 | 191.5M | +2.26% | +0.00% | Health Care |
| VGC.TO | Valor Gold Corp. | 3.670 | 189.2M | +6.69% | +6.69% | — |
| NCF.TO | Northcliff Resources Ltd | 0.315 | 189.1M | +5.00% | +14.55% | Materials |
| KTO.V | K2 Gold Corporation | 0.740 | 188.9M | -5.13% | +4.23% | Materials |
| LOVE.TO | Cannara Biotech Inc. | 1.930 | 188.7M | +1.05% | +2.66% | — |
| SALT.V | Atlas Salt Inc | 1.600 | 187.7M | +5.96% | +14.29% | Materials |
| GSI.V | Gatekeeper Systems Inc | 1.690 | 187.5M | +0.60% | +6.96% | Information Tech |
| PNE.TO | Pine Cliff Energy Ltd | 0.520 | 186.6M | -3.70% | -7.14% | Energy |
| WPG.V | West Point Gold Corp. | 1.370 | 185.8M | +0.00% | +9.60% | — |
| MOLY.TO | Greenland Resources Inc. | 1.360 | 185.3M | -0.73% | +2.26% | — |
Investor takeaway: Penny stocks can offer unique opportunities, but they also come with risks. Investors should consider the volatility and market conditions when evaluating these stocks.
Top performers include Black Mammoth Metals with a 12.01% weekly gain.
The materials sector, particularly companies like Northcliff Resources and Black Mammoth Metals, is currently experiencing notable price movements, reflecting market interest.
Bull case
The materials sector is showing signs of recovery. Companies like Black Mammoth Metals and Northcliff Resources are well-positioned to benefit from potential increases in commodity prices. OrganiGram's recent performance also suggests a stabilizing trend in the health care sector.
Bear case
Penny stocks often face high volatility and can be swayed by market sentiment. For instance, K2 Gold Corporation has shown negative daily changes, which may make investors cautious. Additionally, the overall economic climate can significantly impact these smaller companies.
Maple Gold Mines Ltd (MGM.V)
Maple Gold Mines Ltd focuses on advancing its gold projects in Quebec, Canada. With a market cap of about CA$196.8 million, the company is navigating a challenging market, as shown by its recent 1D decline of 1.46%. Investors are watching closely to see if the company can tap into Quebec's rich mineral resources.
Advertisement
Black Mammoth Metals Corp (BMM.V)
Black Mammoth Metals has seen a notable increase of 12.01% over the past week, bringing its stock price to CA$4.010. The company explores gold and other metals in Canada, and its recent performance indicates growing investor interest. However, the stock faced a daily decline of 4.07%, highlighting the volatility often found in penny stocks.
OrganiGram Holdings Inc (OGI.TO)
OrganiGram Holdings operates in the health care sector, focusing on cannabis production. With a market cap of CA$191.5 million, the stock price recently rose by 2.26%. The company’s stability in the market, despite fluctuations, suggests potential for growth as the cannabis industry continues to evolve.
Northcliff Resources Ltd (NCF.TO)
Northcliff Resources Ltd is another key player in the materials sector, currently priced at CA$0.315. The company has shown a significant weekly gain of 14.55%, indicating strong market interest. As a junior mining company, its performance is closely tied to commodity prices, making it a stock to watch for potential investors.
Advertisement
Advertisement
Wealth Awesome
Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.
View Full Profile →✅ Reviewed by Certified Financial Professionals
This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.
Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.
⚠️ Professional Disclaimer
This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.
