Explore the latest penny stocks making waves on the TSX and TSXV this September.
Here’s a look at the top penny stocks currently trading on the TSX and TSXV as of September 9, 2026. These companies represent a range of sectors, including materials and biotechnology. Below is the full shortlist of penny stocks to consider:
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Stocks in this list
Live snapshots — open any name for the full quote and Wealth Awesome price forecast.
Axo Copper Corp
AXO.V
$0.960
$198.95M
1D
+4.35%
1W
+7.87%
Cannara Biotech Inc.
LOVE.TO
$1.990
$196.58M
1D
+0.00%
1W
-0.50%
Excellon Resources Inc.
EXN.V
$0.450
$196.15M
1D
+1.12%
1W
+3.45%
Oceanic Iron Ore Corp
FEO.V
Materials
$0.810
$196.13M
1D
+8.00%
1W
+9.46%
GR Silver Mining Ltd
GRSL.V
Materials
$0.380
$194.62M
1D
+0.00%
1W
+4.11%
Graphite One Inc
GPH.V
Materials
$1.000
$194.34M
1D
+7.53%
1W
+1.01%
Genesis Land Development Corp.
GDC.TO
Real Estate
$3.370
$193.88M
1D
-1.46%
1W
-3.71%
Pine Cliff Energy Ltd
PNE.TO
Energy
$0.540
$193.75M
1D
+0.00%
1W
+0.00%
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| Ticker | Company Name | Price (CA$) | Market Cap (CA$) | 1D Change | 1W Change | Sector |
|---|---|---|---|---|---|---|
| AXO.V | Axo Copper Corp | 0.960 | 199.0M | +4.35% | +7.87% | — |
| LOVE.TO | Cannara Biotech Inc. | 1.990 | 196.6M | +0.00% | -0.50% | — |
| EXN.V | Excellon Resources Inc. | 0.450 | 196.1M | +1.12% | +3.45% | — |
| FEO.V | Oceanic Iron Ore Corp | 0.810 | 196.1M | +8.00% | +9.46% | Materials |
| GRSL.V | GR Silver Mining Ltd | 0.380 | 194.6M | +0.00% | +4.11% | Materials |
| GPH.V | Graphite One Inc | 1.000 | 194.3M | +7.53% | +1.01% | Materials |
| GDC.TO | Genesis Land Development Corp. | 3.370 | 193.9M | -1.46% | -3.71% | Real Estate |
| PNE.TO | Pine Cliff Energy Ltd | 0.540 | 193.7M | +0.00% | +0.00% | Energy |
| SPA.V | Spanish Mountain Gold Ltd | 0.355 | 193.0M | -2.74% | +4.41% | Materials |
| NRC.V | NMC Resource Corporation | 1.220 | 192.5M | -1.61% | +8.93% | Materials |
| OCG.TO | Outcrop Silver & Gold Corporation | 0.380 | 192.5M | -2.56% | +8.57% | — |
| KLD.V | Kenorland Minerals Ltd | 2.420 | 191.3M | +1.68% | +0.83% | Materials |
Investor takeaway: Investors looking for opportunities in the penny stock market may find potential in these companies, particularly in the materials sector, which has shown recent momentum.
Recent Performance Highlights
Axo Copper Corp (AXO.V) and Oceanic Iron Ore Corp (FEO.V) are leading the pack with notable price increases, reflecting strong interest in their respective sectors.
Bull case
Axo Copper Corp (AXO.V) has shown strong weekly gains, indicating positive market sentiment. Oceanic Iron Ore Corp (FEO.V) is also gaining traction with significant daily increases, suggesting that investors are interested in iron ore assets.
Bear case
Cannara Biotech Inc. (LOVE.TO) has experienced a slight decline over the past week, which might raise concerns about its near-term performance. Similarly, Spanish Mountain Gold Ltd (SPA.V) has seen a drop, pointing to potential volatility in the materials sector.
Axo Copper Corp (AXO.V)
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Axo Copper Corp focuses on copper exploration and development, with a market capitalization of CA$199 million. The stock has shown a daily increase of 4.35% and a weekly increase of 7.87%, indicating growing interest in its projects. Investors may want to keep an eye on its exploration results and market developments.
Oceanic Iron Ore Corp (FEO.V)
Oceanic Iron Ore Corp is engaged in the exploration and development of iron ore properties. With a current price of CA$0.810, the company has experienced an 8.00% increase in one day and a 9.46% increase over the week. This performance suggests a positive outlook for iron ore, making it a noteworthy player in the materials sector.
Cannara Biotech Inc. (LOVE.TO)
Cannara Biotech Inc. operates in the biotechnology sector, focusing on cannabis products. The stock price remains at CA$1.990, with no change over the past day but a slight decline of 0.50% over the week. While it may face challenges, its established position in the market could provide stability.
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