TSX Penny Stocks To Watch In June 2025

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As the Canadian market navigates ongoing tariff uncertainties, investors have shown resilience, with both the S&P 500 and TSX seeing significant gains in May. In times of economic fluctuation, identifying stocks with strong financials becomes crucial for those seeking stability and growth potential. Penny stocks, despite their outdated moniker, continue to offer intriguing opportunities; these smaller or newer companies can provide a unique blend of value and growth that larger firms might overlook.

Top 10 Penny Stocks In Canada

Name

Share Price

Market Cap

Financial Health Rating

Westbridge Renewable Energy (TSXV:WEB)

CA$0.75

CA$75.86M

★★★★★★

NTG Clarity Networks (TSXV:NCI)

CA$2.74

CA$116.41M

★★★★★★

Intermap Technologies (TSX:IMP)

CA$2.30

CA$131.52M

★★★★★☆

Thor Explorations (TSXV:THX)

CA$0.68

CA$446.12M

★★★★★★

Orezone Gold (TSX:ORE)

CA$1.27

CA$669.5M

★★★★★☆

McChip Resources (TSXV:MCS)

CA$0.84

CA$4.8M

★★★★★★

Hemisphere Energy (TSXV:HME)

CA$1.74

CA$168.18M

★★★★★★

PetroTal (TSX:TAL)

CA$0.58

CA$530.69M

★★★★★☆

Pulse Seismic (TSX:PSD)

CA$2.65

CA$134.5M

★★★★★★

Findev (TSXV:FDI)

CA$0.405

CA$11.6M

★★★★★★

Click here to see the full list of 876 stocks from our TSX Penny Stocks screener.

Let's explore several standout options from the results in the screener.

Haivision Systems

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

Overview: Haivision Systems Inc. offers mission-critical, real-time video networking and visual collaboration solutions across Canada, the United States, and internationally, with a market cap of CA$126.66 million.

Operations: The company's revenue segment includes Internet Telephone, generating CA$123.12 million.

Market Cap: CA$126.66M

Haivision Systems Inc., with a market cap of CA$126.66 million, demonstrates key attributes typical of penny stocks, including potential for high growth and inherent risks. The company has shown robust earnings growth over the past year at 63.5%, surpassing industry averages, and forecasts suggest continued strong performance. Its debt is well-covered by operating cash flow, and it maintains more cash than total debt, indicating financial prudence. However, recent earnings results revealed a net loss of CA$1.08 million for Q1 2025 against a previous net income, highlighting volatility in its financial outcomes despite high-quality earnings overall.

TSX:HAI Financial Position Analysis as at Jun 2025
TSX:HAI Financial Position Analysis as at Jun 2025

EarthLabs

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

Overview: EarthLabs Inc. is a Canadian company engaged in mining investment, technology, and media operations with a market cap of CA$30.32 million.