Explore the latest penny stocks making waves on the TSX and TSXV this October.
As of October 1, 2026, here are some notable penny stocks on the TSX and TSXV, mainly in the materials sector. The table below summarizes their current prices, market caps, and recent performance metrics:
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Stocks in this list
Live snapshots — open any name for the full quote and Wealth Awesome price forecast.
Patagonia Gold Corp
PGDC.V
Materials
$0.425
$199.64M
1D
+1.19%
1W
-15.00%
Honey Badger Silver Inc
TUF.V
Materials
$0.870
$199.47M
1D
-1.14%
1W
-3.33%
NMC Resource Corporation
NRC.V
Materials
$1.430
$198.70M
1D
+11.72%
1W
+7.52%
Surge Copper Corp
SURG.V
Materials
$0.510
$198.40M
1D
+0.00%
1W
-1.92%
Li-FT Power Ltd.
LIFT.V
$2.070
$195.94M
1D
+0.00%
1W
-6.76%
BluEnergies Ltd.
BLU.V
$4.250
$191.42M
1D
+0.00%
1W
+0.00%
Lavras Gold Corp
LGC.V
Materials
$2.910
$191.11M
1D
-5.21%
1W
-13.13%
Oceanic Iron Ore Corp
FEO.V
Materials
$0.720
$190.90M
1D
-1.37%
1W
-6.49%
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| Company Name | Ticker | Price (CAD) | Market Cap (CAD) | 1D Change | 1W Change | Sector |
|---|---|---|---|---|---|---|
| Patagonia Gold Corp | PGDC.V | 0.425 | 199.6M | +1.19% | -15.00% | Materials |
| Honey Badger Silver Inc | TUF.V | 0.870 | 199.5M | -1.14% | -3.33% | Materials |
| NMC Resource Corporation | NRC.V | 1.430 | 198.7M | +11.72% | +7.52% | Materials |
| Surge Copper Corp | SURG.V | 0.510 | 198.4M | +0.00% | -1.92% | Materials |
| Li-FT Power Ltd. | LIFT.V | 2.070 | 195.9M | +0.00% | -6.76% | — |
| BluEnergies Ltd. | BLU.V | 4.250 | 191.4M | +0.00% | +0.00% | — |
| Lavras Gold Corp | LGC.V | 2.910 | 191.1M | -5.21% | -13.13% | Materials |
| Oceanic Iron Ore Corp | FEO.V | 0.720 | 190.9M | -1.37% | -6.49% | Materials |
| Falco Resources Ltd | FPC.V | 0.530 | 190.7M | -2.75% | -5.36% | Materials |
| Mega Uranium Ltd. | MGA.TO | 0.495 | 190.5M | -6.60% | -11.61% | Energy |
| Arrow Exploration Corp | AXL.V | 0.665 | 190.1M | -1.48% | -3.62% | Energy |
| Sherritt International Corporation | S.TO | 0.270 | 190.1M | -3.57% | +8.00% | Materials |
Investor takeaway: Penny stocks can be volatile. While some have shown recent gains, it's essential to do thorough research before investing.
Recent Performance Highlights
Some stocks on this list have shown significant one-day gains, with NMC Resource Corporation leading at +11.72%.
Bull case
Investors might find opportunities in these stocks due to their growth potential in the materials sector, especially as commodity prices rise.
Bear case
The penny stock market can be unpredictable, and many of these companies face challenges that could affect their performance.
Patagonia Gold Corp (PGDC.V)
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Patagonia Gold Corp operates in the mining sector, focusing on gold and silver production. Currently priced at CA$0.425, the company has a market cap of CA$199.6 million. Despite a recent decline of 15% over the past week, it saw a slight increase of 1.19% today. Investors should keep an eye on the company's operational updates and market conditions affecting gold prices, as these can significantly influence its stock performance.
NMC Resource Corporation (NRC.V)
NMC Resource Corporation is another player in the materials sector, with a current price of CA$1.430 and a market cap of CA$198.7 million. It has shown impressive momentum, with an 11.72% increase today and a 7.52% rise over the past week. This performance may be due to positive developments in its resource extraction projects, making it a noteworthy option for investors looking for growth potential in the materials space.
Honey Badger Silver Inc (TUF.V)
Honey Badger Silver Inc focuses on silver mining and is currently priced at CA$0.870, with a market cap of CA$199.5 million. The stock has seen a slight decrease of 1.14% today and a 3.33% drop over the past week. Investors should monitor silver market trends and the company's exploration results, as these factors could impact its future performance.
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