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Top penny stocks on the TSX & TSXV — September 28, 2026

By Wealth Awesome -
Stocks & ETFs:FEO.VGPH.VLGC.VARK.VBGAU.TO

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Explore the latest movements in penny stocks on the TSX and TSXV, focusing on companies in the materials sector.

As of September 28, 2026, here are the top penny stocks on the TSX and TSXV, featuring a mix of companies primarily in the materials sector. Below is the full shortlist:

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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
FEO.VOceanic Iron Ore Corp0.760198.7M-1.30%-2.56%Materials
GPH.VGraphite One Inc0.950198.5M-1.04%+6.74%Materials
LGC.VLavras Gold Corp3.180198.0M-5.07%-15.87%Materials
ARK.VArras Minerals Corp.1.380197.4M-1.43%-10.39%Materials
BGAU.TOBlossom Gold Inc.1.490196.1M+2.76%-2.61%—
BNKR.TOBunker Hill Mining Corp.4.120194.5M+0.98%-6.58%—
AXL.VArrow Exploration Corp0.680194.4M-4.23%-2.86%Energy
FPC.VFalco Resources Ltd0.555194.2M+0.91%-4.31%Materials
NAU.VNevgold Corp.1.110194.1M-0.89%-6.72%Materials
PNE.TOPine Cliff Energy Ltd0.540193.7M-1.82%+3.85%Energy
BLU.VBluEnergies Ltd.2.330191.4M-45.18%-45.18%—
GSI.VGatekeeper Systems Inc1.710191.4M+1.18%-0.58%Information Technology

Investor takeaway: Penny stocks can offer unique investment opportunities, but they also come with higher volatility and risk. It's essential to conduct thorough research and consider market conditions before investing.

Market Caps Under CA$200M

All listed companies have market caps under CA$200 million, highlighting the potential for growth in smaller-cap stocks.

Bull case

The materials sector is seeing increased demand, especially for resources like iron ore and graphite. Companies such as Graphite One Inc. (GPH.V) could benefit from this trend as industries shift towards more sustainable materials.

Bear case

Penny stocks can experience significant price fluctuations. For example, Lavras Gold Corp (LGC.V) has seen a notable decline over the past week, which might signal underlying issues or shifts in market sentiment.

Oceanic Iron Ore Corp (FEO.V)

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Oceanic Iron Ore Corp focuses on developing iron ore projects in Canada. Currently priced at CA$0.760, the company has a market cap of CA$198.7 million. Despite a slight decline of 1.30% in the last day, it remains a key player in the iron ore sector, which is critical for steel production.

Graphite One Inc (GPH.V)

Graphite One Inc is involved in exploring and developing graphite resources. Its current price of CA$0.950 reflects a market cap of CA$198.5 million. Notably, GPH.V has seen a 6.74% increase over the past week, indicating growing interest in graphite as a vital component in battery production and other technologies.

Lavras Gold Corp (LGC.V)

Lavras Gold Corp is engaged in gold exploration in Brazil. With a current price of CA$3.180 and a market cap of CA$198.0 million, LGC.V has experienced a significant decline of 15.87% over the past week. Investors should keep a close eye on its performance as it navigates market challenges.


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Wealth Awesome
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Published: September 28, 2026
Last Updated: September 28, 2026

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