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March 2025's Top TSX Penny Stocks To Watch

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In 2025, the Canadian stock market has experienced volatility with negative returns, highlighting the importance of diversification in investment portfolios. Despite these challenges, certain sectors have shown resilience and offered positive returns, underscoring opportunities for strategic investments. Penny stocks, often associated with smaller or newer companies, continue to present intriguing growth prospects; when these stocks are supported by strong financials and solid fundamentals, they can offer potential upside in an otherwise uncertain market landscape.

Top 10 Penny Stocks In Canada

Name

Share Price

Market Cap

Financial Health Rating

NTG Clarity Networks (TSXV:NCI)

CA$1.87

CA$77.14M

★★★★★☆

NamSys (TSXV:CTZ)

CA$1.12

CA$29.55M

★★★★★★

Madoro Metals (TSXV:MDM)

CA$0.045

CA$3.58M

★★★★★★

Orezone Gold (TSX:ORE)

CA$0.99

CA$453.18M

★★★★★☆

Amerigo Resources (TSX:ARG)

CA$1.93

CA$312.9M

★★★★★☆

Alvopetro Energy (TSXV:ALV)

CA$4.84

CA$167.51M

★★★★★★

PetroTal (TSX:TAL)

CA$0.69

CA$623.15M

★★★★★★

McCoy Global (TSX:MCB)

CA$3.18

CA$78.01M

★★★★★★

Findev (TSXV:FDI)

CA$0.485

CA$13.89M

★★★★★★

BluMetric Environmental (TSXV:BLM)

CA$1.06

CA$39.5M

★★★★★★

Click here to see the full list of 935 stocks from our TSX Penny Stocks screener.

Let's uncover some gems from our specialized screener.

Western Uranium & Vanadium

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

Overview: Western Uranium & Vanadium Corp. is involved in the exploration, development, mining, and production of uranium and vanadium resource properties in the United States with a market cap of CA$63.54 million.

Operations: The company's revenue is derived from its Metals & Mining - Miscellaneous segment, amounting to $0.22 million.

Market Cap: CA$63.54M

Western Uranium & Vanadium Corp., with a market cap of CA$63.54 million, is pre-revenue, generating only US$220K. The company has no debt and its short-term assets significantly exceed both its short- and long-term liabilities, providing financial stability. Recent strategic acquisitions like the Mustang Mineral Processing Site enhance operational capabilities, positioning it as a key regional processing hub for uranium and vanadium. Despite being unprofitable with volatile share prices, Western's seasoned management team continues to advance projects that could potentially strengthen the supply chain in North America while focusing on sustainable mineral processing initiatives.