Rankings · WA Score
Top Canadian small-cap stocks
Canadian companies worth $50 million to $2 billion, ranked by overall WA Score.
Updated November 11, 2026 · TSX and TSX Venture
100 companies make this list out of 947 scored Canadian stocks. Liberty Gold Corp (LGD, 99), Heliostar Metals Ltd. (HSTR, 99) and Thor Explorations Ltd. (THX, 99) lead it. Materials is the most common sector in the top 25 (12 names). 26 trade on the TSX Venture. The median stock here is up 18.4% this year.
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| # | Company | WA Score | Val | Qual | Mom | Anl | Ins | YTD | Mkt cap |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Liberty Gold Corp LGD · TSX · Materials | 99 | 59 | 95 | 88 | 88 | – | +163.9% | $1.1B |
| 2 | Heliostar Metals Ltd. HSTR · TSX | 99 | 79 | 81 | 69 | 99 | – | +9.1% | $665M |
| 3 | Thor Explorations Ltd. THX · TSXV · Materials | 99 | 99 | 95 | 31 | 100 | 50 | −16.5% | $653M |
| 4 | Vox Royalty Corp. VOXR · TSX · Materials | 99 | 95 | 99 | 66 | 64 | – | +14.5% | $511M |
| 5 | Palisades Goldcorp Ltd. PALI · TSXV · Materials | 99 | 99 | 98 | 62 | – | 50 | +72.5% | $295M |
| 6 | Orogen Royalties Inc OGN · TSXV · Materials | 99 | 73 | 93 | 82 | 28 | 88 | +73.6% | $249M |
| 7 | Golconda Gold Ltd. GG · TSXV · Materials | 99 | 86 | 87 | 84 | – | 50 | +45.5% | $236M |
| 8 | Globex Mining Enterprises Inc. GMX · TSX · Materials | 99 | 81 | 79 | 65 | 95 | – | +30.7% | $127M |
| 9 | Touchstone Exploration Inc TXP · TSX · Energy | 99 | 98 | 78 | 72 | 78 | – | +28.6% | $79M |
| 10 | Highwood Asset Management Ltd HAM · TSXV · Financials | 99 | 98 | 84 | 71 | 77 | – | +39.3% | $76M |
| 11 | Galiano Gold Inc GAU · TSX · Materials | 98 | 88 | 82 | 72 | 68 | – | +6.8% | $916M |
| 12 | Ecora Resources plc ECOR · TSX · Materials | 98 | 91 | 82 | 63 | 74 | – | +28.8% | $698M |
| 13 | Alvopetro Energy ALV · TSXV · Energy | 98 | 94 | 92 | 70 | 62 | 35 | +31.4% | $338M |
| 14 | Canadian Net Real Estate Investment Trust NET-UN · TSXV · Real Estate | 98 | 93 | 84 | 51 | 42 | 93 | +8.0% | $124M |
| 15 | Unisync Corp UNI · TSX · Consumer Discretionary | 98 | 87 | 61 | 84 | 83 | – | +53.8% | $50M |
| 16 | Mainstreet Equity Corp. MEQ · TSX · Real Estate | 97 | 92 | 85 | 72 | 45 | – | −0.5% | $1.7B |
| 17 | Amerigo Resources Ltd. ARG · TSX · Materials | 97 | 82 | 86 | 79 | 48 | – | +87.5% | $1.3B |
| 18 | Mako Mining Corp MKO · TSXV · Materials | 97 | 81 | 84 | 62 | 80 | 50 | +48.4% | $1.0B |
| 19 | Flagship Communities Real Estate Investment Trust MHC-U · TSX · Real Estate | 97 | 98 | 88 | 71 | 37 | – | +7.6% | $540M |
| 20 | Clarke Inc. CKI · TSX · Consumer Discretionary | 97 | 98 | 85 | 65 | – | – | +14.2% | $371M |
| 21 | Hemisphere Energy Corporation HME · TSXV · Energy | 97 | 96 | 92 | 47 | 71 | 50 | +12.7% | $215M |
| 22 | Rockridge Resources Ltd ROCK · TSXV · Materials | 97 | 59 | 65 | 86 | 95 | 50 | +88.9% | $172M |
| 23 | DRI Healthcare Trust DHT-U · TSX · Health Care | 96 | 87 | 74 | 78 | – | – | +13.9% | $744M |
| 24 | Plaza Retail REIT PLZ-UN · TSX · Real Estate | 96 | 94 | 86 | 78 | 18 | – | +25.9% | $594M |
| 25 | Auxly Cannabis Group Inc XLY · TSX · Health Care | 96 | 83 | 73 | 79 | 52 | – | — | $360M |
| 26 | Stack Capital Group Inc STCK · TSX · Financials | 96 | 99 | 97 | 22 | 90 | – | −8.4% | $215M |
| 27 | Currency Exchange International Corp CXI · TSX · Financials | 96 | 92 | 71 | 83 | 41 | – | +42.6% | $193M |
| 28 | Queen's Road Capital Investment Ltd. QRC · TSX · Financials | 95 | 99 | 98 | 44 | 41 | – | +14.5% | $719M |
| 29 | Automotive Properties Real Estate Investment Trust APR-UN · TSX · Real Estate | 95 | 91 | 86 | 78 | 21 | – | +14.4% | $697M |
| 30 | Cerrado Gold Corp CERT · TSXV · Materials | 95 | 57 | 54 | 66 | 89 | 96 | +33.7% | $303M |
| 31 | Yangarra Resources Ltd YGR · TSX · Energy | 95 | 96 | 70 | 63 | 64 | – | +38.3% | $167M |
| 32 | Corby Spirit and Wine Limited CSW-A · TSX · Consumer Staples | 94 | 84 | 68 | 74 | 61 | – | +8.1% | $454M |
| 33 | D-Box Technologies Inc. DBO · TSX · Consumer Discretionary | 94 | 83 | 81 | 69 | – | – | +23.1% | $262M |
| 34 | Genesis Land Development Corp. GDC · TSX · Real Estate | 94 | 95 | 56 | 63 | 82 | – | +6.2% | $194M |
| 35 | TVA Group Inc TVA-B · TSX · Communication Services | 94 | 99 | 71 | 92 | 6 | – | +409.1% | $123M |
| 36 | GO Residential Real Estate Investment Trust GO-U · TSX | 93 | 100 | 96 | 21 | 78 | – | −36.9% | $309M |
| 37 | Arrow Exploration Corp AXL · TSXV · Energy | 93 | 92 | 82 | 61 | 45 | 50 | +119.2% | $163M |
| 38 | Pinetree Capital Ltd PNP · TSX · Financials | 93 | 78 | 86 | 65 | – | – | −7.6% | $97M |
| 39 | BioRem Inc. BRM · TSXV · Industrials | 93 | 86 | 72 | 87 | 25 | – | +58.9% | $68M |
| 40 | GoGold Resources Inc. GGD · TSX · Materials | 92 | 69 | 80 | 63 | 70 | – | +26.9% | $1.5B |
| 41 | Propel Holdings Inc PRL · TSX · Financials | 92 | 82 | 66 | 81 | 45 | – | +18.4% | $1.2B |
| 42 | TWC Enterprises Ltd TWC · TSX · Consumer Discretionary | 92 | 93 | 76 | 60 | – | – | +6.6% | $627M |
| 43 | Acadian Timber Corp ADN · TSX · Materials | 92 | 96 | 76 | 74 | 21 | – | +11.0% | $326M |
| 44 | Parex Resources Inc PXT · TSX · Energy | 91 | 99 | 81 | 30 | 79 | – | +10.5% | $1.9B |
| 45 | Calfrac Well Services Ltd. CFW · TSX · Energy | 91 | 90 | 52 | 80 | 56 | – | +73.0% | $725M |
| 46 | Cipher Pharmaceuticals Inc CPH · TSX · Health Care | 91 | 93 | 87 | 38 | 64 | – | −7.7% | $343M |
| 47 | Firm Capital Property Trust FCD-UN · TSX · Real Estate | 91 | 95 | 84 | 65 | 23 | – | +12.2% | $255M |
| 48 | Valeura Energy Inc VLE · TSX · Energy | 90 | 77 | 72 | 64 | 65 | – | +72.7% | $1.5B |
| 49 | Pro Real Estate Investment Trust PRV-UN · TSX · Real Estate | 90 | 88 | 78 | 74 | 22 | – | +7.4% | $610M |
| 50 | Hammond Manufacturing Company Limited HMM-A · TSX · Industrials | 90 | 85 | 62 | 76 | – | – | +145.5% | $317M |
| 51 | Olympia Financial Group Inc OLY · TSX · Financials | 90 | 79 | 76 | 51 | 75 | – | −3.8% | $260M |
| 52 | Monument Mining Limited MMY · TSXV · Materials | 90 | 98 | 90 | 38 | – | 50 | −32.0% | $246M |
| 53 | Algoma Central Corporation ALC · TSX · Industrials | 89 | 96 | 72 | 84 | 2 | – | +63.8% | $1.3B |
| 54 | ADF Group Inc. DRX · TSX · Industrials | 89 | 80 | 59 | 86 | 43 | – | +80.8% | $480M |
| 55 | Steppe Gold Ltd STGO · TSX · Materials | 89 | 94 | 82 | 47 | – | – | −18.8% | $392M |
| 56 | Kolibri Global Energy Inc KEI · TSX · Energy | 89 | 90 | 79 | 42 | 69 | – | +37.0% | $279M |
| 57 | Cannara Biotech Inc. LOVE · TSX | 89 | 76 | 63 | 63 | 80 | – | +10.9% | $206M |
| 58 | Parkit Enterprise Inc PKT · TSXV · Real Estate | 89 | 96 | 72 | 39 | 79 | – | — | $93M |
| 59 | Total Energy Services Inc. TOT · TSX · Energy | 88 | 83 | 60 | 72 | 57 | – | +116.4% | $1.2B |
| 60 | Wall Financial Corporation WFC · TSX · Real Estate | 88 | 76 | 81 | 60 | – | – | +31.3% | $668M |
| 61 | Rubellite Energy Inc RBY · TSX · Energy | 88 | 86 | 74 | 43 | 80 | – | +40.7% | $353M |
| 62 | iFabric Corp IFA · TSX · Consumer Discretionary | 88 | 64 | 49 | 73 | 97 | – | +116.0% | $148M |
| 63 | Lotus Creek Exploration Inc. LTC · TSXV | 87 | 68 | 64 | 83 | 64 | 35 | +142.9% | $171M |
| 64 | Sagicor Financial Company SFC · TSX · Financials | 86 | 95 | 68 | 45 | 67 | – | −11.7% | $1.2B |
| 65 | Logan Energy Corp LGN · TSXV · Energy | 86 | 69 | 76 | 89 | 16 | 50 | +79.8% | $1.0B |
| 66 | ADENTRA Inc. ADEN · TSX · Industrials | 86 | 91 | 49 | 74 | 55 | – | +10.7% | $915M |
| 67 | Nexus Real Estate Investment Trust NXR-UN · TSX · Real Estate | 86 | 80 | 79 | 80 | 11 | – | +5.5% | $774M |
| 68 | Erdene Resource Development Corp ERD · TSX · Materials | 86 | 80 | 95 | 40 | – | – | −21.1% | $369M |
| 69 | ACT Energy Technologies Ltd. ACX · TSX | 86 | 89 | 50 | 59 | 80 | – | +43.2% | $275M |
| 70 | Austral Gold Ltd AGLD · TSXV · Materials | 86 | 100 | 87 | 33 | – | – | −20.6% | $87M |
| 71 | Cronos Group Inc CRON · TSX · Health Care | 85 | 71 | 65 | 81 | 42 | – | +36.3% | $1.8B |
| 72 | Rio2 Ltd RIO · TSX | 85 | 75 | 81 | 29 | 98 | – | −17.8% | $1.5B |
| 73 | A&W Food Services of Canada AW · TSX | 85 | 79 | 79 | 72 | 22 | – | −2.2% | $878M |
| 74 | Melcor Developments Ltd. MRD · TSX · Real Estate | 85 | 97 | 73 | 77 | 3 | – | +24.2% | $568M |
| 75 | Scorpio Gold Corp SGN · TSXV · Materials | 85 | 63 | 87 | 44 | 76 | – | +6.0% | $123M |
| 76 | Covalon Technologies Ltd. COV · TSXV · Health Care | 85 | 67 | 71 | 89 | 23 | – | +136.9% | $119M |
| 77 | Versamet Royalties Corporation VMET · TSX | 84 | 66 | 86 | 47 | 69 | – | −0.5% | $1.4B |
| 78 | Atrium Mortgage Investment Corp AI · TSX · Financials | 84 | 89 | 87 | 54 | 25 | – | −1.6% | $549M |
| 79 | Sailfish Royalty Corp FISH · TSXV · Materials | 84 | 99 | 69 | 68 | 18 | 50 | +109.3% | $548M |
| 80 | Empress Royalty Corp EMPR · TSXV · Materials | 84 | 94 | 90 | 32 | – | – | −14.3% | $122M |
| 81 | NexLiving Communities Inc NXLV · TSXV · Real Estate | 84 | 88 | 73 | 63 | 32 | – | −10.0% | $74M |
| 82 | Canadian General Investments Ltd CGI · TSX · Financials | 83 | 99 | 95 | 50 | 1 | – | +6.7% | $1.1B |
| 83 | Surge Energy Inc. SGY · TSX · Energy | 83 | 69 | 68 | 59 | 69 | – | +44.6% | $1.0B |
| 84 | Sierra Madre Gold and Silver Ltd SM · TSXV · Materials | 83 | 74 | 61 | 28 | 95 | 78 | −17.5% | $358M |
| 85 | Mene Inc MENE · TSXV · Consumer Discretionary | 83 | 74 | 60 | 76 | – | – | +33.3% | $52M |
| 86 | SunOpta Inc. SOY · TSX · Consumer Staples | 82 | 60 | 46 | 79 | 81 | – | +73.0% | $1.0B |
| 87 | Docebo Inc DCBO · TSX · Information Technology | 82 | 71 | 69 | 88 | 15 | – | +43.2% | $1.0B |
| 88 | MCAN Mortgage Corporation MKP · TSX · Financials | 82 | 90 | 86 | 47 | 29 | – | −2.9% | $896M |
| 89 | Slate Grocery REIT SGR-U · TSX · Real Estate | 82 | 77 | 76 | 74 | 17 | – | +11.9% | $764M |
| 90 | Biosyent Inc. RX · TSXV · Health Care | 82 | 73 | 73 | 82 | 14 | 50 | +40.3% | $199M |
| 91 | Sentry Select Primary Metals Corp PME · TSX · Materials | 82 | 98 | 67 | 48 | – | – | +7.9% | $71M |
| 92 | CEMATRIX Corporation CEMX · TSX | 82 | 80 | 55 | 51 | 87 | – | +34.3% | $71M |
| 93 | AGF Management Limited AGF-B · TSX · Financials | 81 | 96 | 74 | 36 | 59 | – | −8.0% | $922M |
| 94 | NG Energy International Corp. GASX · TSX | 81 | 93 | 68 | 23 | 93 | – | −40.2% | $299M |
| 95 | Dynacor Gold Mines Inc. DNG · TSX · Materials | 81 | 95 | 49 | 51 | 75 | – | −3.0% | $228M |
| 96 | Morguard North American Residential Real Estate Investment Trust MRG-UN · TSX · Real Estate | 80 | 96 | 78 | 40 | 42 | – | −13.3% | $1.0B |
| 97 | Firan Technology Group Corporation FTG · TSX · Industrials | 80 | 62 | 69 | 80 | 34 | – | +196.8% | $820M |
| 98 | Gamehost Inc. GH · TSX · Consumer Discretionary | 80 | 82 | 73 | 75 | 12 | – | +14.9% | $282M |
| 99 | Yellow Pages Limited Y · TSX · Communication Services | 80 | 90 | 68 | 77 | 7 | – | +22.7% | $163M |
| 100 | Data Communications Management Ltd DCM · TSX · Industrials | 80 | 66 | 46 | 66 | 90 | – | +34.1% | $145M |
Factor columns: Val = value, Qual = quality, Mom = momentum, Anl = analyst upside, Ins = insider buying. Each is a percentile from 1 to 99 against Canadian common stocks worth $50M or more. Split corps and closed-end funds are excluded. A data ranking, not a recommendation. Methodology
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