3 TSX Penny Stocks With Market Caps Larger Than CA$40M

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The Canadian stock market has been experiencing a steady climb, supported by trade optimism and robust corporate earnings, though upcoming economic events could test this calm. In such an environment, investors often seek opportunities beyond the well-known names, and penny stocks—despite their somewhat outdated moniker—remain a relevant investment area. These smaller or newer companies can offer surprising value and potential growth when they demonstrate financial resilience.

Top 10 Penny Stocks In Canada

Name Share Price Market Cap Rewards & Risks
Westbridge Renewable Energy (TSXV:WEB) CA$0.66 CA$66.76M ✅ 3 ⚠️ 3 View Analysis >
Fintech Select (TSXV:FTEC) CA$0.035 CA$2.4M ✅ 2 ⚠️ 3 View Analysis >
Foraco International (TSX:FAR) CA$1.72 CA$172.6M ✅ 4 ⚠️ 1 View Analysis >
Findev (TSXV:FDI) CA$0.435 CA$12.03M ✅ 2 ⚠️ 4 View Analysis >
Thor Explorations (TSXV:THX) CA$0.76 CA$518.93M ✅ 3 ⚠️ 2 View Analysis >
Automotive Finco…

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