TSX Penny Stocks To Watch In May 2025

In This Article:

As Canadian investors navigate a landscape marked by potential changes in U.S. tax policies and rising bond yields, the focus on smaller market segments like penny stocks becomes increasingly relevant. Penny stocks, despite their somewhat outdated label, represent an intriguing investment area for those interested in exploring opportunities among smaller or newer companies. By examining financial strength and growth potential, these stocks can offer both affordability and promising returns; this article will highlight three such Canadian penny stocks that stand out for their robust foundations.

Top 10 Penny Stocks In Canada

Name

Share Price

Market Cap

Financial Health Rating

Westbridge Renewable Energy (TSXV:WEB)

CA$0.76

CA$73.84M

★★★★★★

NTG Clarity Networks (TSXV:NCI)

CA$2.67

CA$107.9M

★★★★★★

Intermap Technologies (TSX:IMP)

CA$2.26

CA$132.09M

★★★★★☆

Thor Explorations (TSXV:THX)

CA$0.70

CA$465.71M

★★★★★★

Orezone Gold (TSX:ORE)

CA$1.23

CA$669.5M

★★★★★☆

McChip Resources (TSXV:MCS)

CA$0.84

CA$4.57M

★★★★★★

Hemisphere Energy (TSXV:HME)

CA$1.80

CA$173.01M

★★★★★★

PetroTal (TSX:TAL)

CA$0.60

CA$539.84M

★★★★★☆

Pulse Seismic (TSX:PSD)

CA$2.63

CA$131.96M

★★★★★★

Findev (TSXV:FDI)

CA$0.45

CA$12.75M

★★★★★★

Click here to see the full list of 899 stocks from our TSX Penny Stocks screener.

Here's a peek at a few of the choices from the screener.

PetroTal

Simply Wall St Financial Health Rating: ★★★★★☆

Overview: PetroTal Corp. is involved in the exploration, appraisal, and development of oil and natural gas in Peru, South America, with a market cap of CA$539.84 million.

Operations: The company generates revenue from its oil and gas exploration and production activities, amounting to $340.62 million.

Market Cap: CA$539.84M

PetroTal Corp., with a market cap of CA$539.84 million, has shown robust revenue generation from its oil and gas operations in Peru, reporting US$97.71 million for Q1 2025. Despite a decline in net income to US$30.85 million compared to the previous year, production increased significantly, setting new records at the Bretana field. The company maintains strong financial health with short-term assets exceeding liabilities and manageable debt levels supported by cash flow. Recent strategic moves include a $65 million term loan for infrastructure investments and ongoing share buybacks, reflecting confidence in its operational stability despite current earnings challenges.

TSX:TAL Debt to Equity History and Analysis as at May 2025
TSX:TAL Debt to Equity History and Analysis as at May 2025

Santacruz Silver Mining

Simply Wall St Financial Health Rating: ★★★★★☆