Over the last 7 days, the Canadian market has risen by 1.2%, and over the past year, it has seen a significant increase of 28%, with earnings forecasted to grow by 16% annually. The term ‘penny stocks’ might feel like a relic of past market eras, but the potential they represent is as real as ever. Typically referring to smaller or relatively new companies, these stocks can provide a mix of affordability and growth potential when paired with strong financials.
Top 10 Penny Stocks In Canada
| Name | Share Price | Market Cap | Financial Health Rating |
| PetroTal (TSX:TAL) | CA$0.68 | CA$620.84M | ★★★★★★ |
| Findev (TSXV:FDI) | CA$0.42 | CA$11.75M | ★★★★★☆ |
| Winshear Gold (TSXV:WINS) | CA$0.15 | CA$5.18M | ★★★★★★ |
| Mandalay Resources (TSX:MND) | CA$3.35 | CA$304.56M | ★★★★★★ |
| Pulse Seismic (TSX:PSD) | CA$2.34 | CA$116.65M | ★★★★★★ |
| Amerigo Resources (TSX:ARG) | CA$1.75 | CA$298.44M | ★★★★★☆ |
| Foraco International… |
