TSX open
Loading markets…

Advertisement

Investing

Top penny stocks on the TSX & TSXV — September 23, 2026

By Wealth Awesome -
Stocks & ETFs:GRSL.VGDC.TOGENM.TOKFR.VPNE.TO

Get GRSL alerts:

Photos provided by Pexels

Explore the latest movements in penny stocks on the TSX and TSXV, focusing on companies in the materials sector and beyond.

Here’s a look at some of the top penny stocks on the TSX and TSXV as of September 23, 2026. This list highlights companies with notable market activity, particularly in the materials sector. Below is the full shortlist of stocks currently making waves:

Advertisement

Stocks in this list

Live snapshots — open any name for the full quote and Wealth Awesome price forecast.

Advertisement

Company NameTickerPrice (CA$)Market Cap (CA$)1D Change1W ChangeSector
GR Silver Mining LtdGRSL.V0.383195.9M+6.25%+12.50%Materials
Genesis Land Development Corp.GDC.TO3.470195.3M+1.76%+1.76%Real Estate
Generation Mining LtdGENM.TO0.600193.9M+0.00%-6.25%Materials
Kingfisher Metals CorpKFR.V1.130190.5M-6.61%+5.61%Materials
Pine Cliff Energy LtdPNE.TO0.530190.2M+0.00%-1.85%Energy
Graphite One IncGPH.V0.900190.2M-1.10%+4.05%Materials
Nevgold Corp.NAU.V1.110189.5M+0.00%+8.82%Materials
Gatekeeper Systems IncGSI.V1.725188.6M+2.07%+3.29%Information Tech
Apollo Silver CorpAPGO.V3.080188.3M+3.36%-14.68%Materials
Kenorland Minerals LtdKLD.V2.300185.7M-0.43%+3.60%Materials
Blossom Gold Inc.BGAU.TO1.380185.6M-2.13%-1.43%
Wallbridge Mining Company LimitedWM.TO0.100183.1M+0.00%-9.09%Materials

Investor takeaway: The penny stock market can be volatile, but it also offers opportunities for investors looking for growth in emerging companies. The materials sector shows significant activity, particularly with companies like GR Silver Mining Ltd and Generation Mining Ltd. Understanding the market dynamics and individual company performance is crucial for informed investment decisions.

GR Silver Mining Ltd Leads the Pack

GR Silver Mining Ltd (GRSL.V) has shown a remarkable 12.50% increase over the past week, reflecting strong investor interest and potential growth in the materials sector.

Bull case

Investors might find good opportunities in the materials sector, especially with companies like GR Silver Mining Ltd gaining momentum. As the economy recovers, demand for materials could drive growth for these companies.

Bear case

Penny stocks can be highly volatile, and many companies in this sector face risks related to market fluctuations and operational challenges. For example, Generation Mining Ltd has seen a decline over the past week, highlighting the risks involved.

GR Silver Mining Ltd (GRSL.V)

Advertisement

GR Silver Mining Ltd has been making headlines with its recent performance, showing a 6.25% increase in just one day and a 12.50% rise over the past week. The company focuses on silver mining in Mexico, where it has significant assets. Investors are closely watching its developments as the demand for silver continues to grow, driven by both industrial and investment needs.

Generation Mining Ltd (GENM.TO)

Generation Mining Ltd is another player in the materials sector, currently priced at CA$0.600. Despite a flat performance today, the stock has seen a decline of 6.25% over the past week. The company is focused on developing its flagship Marathon project in Ontario, which is expected to be a key driver of its future growth. However, investors should consider the risks associated with project development timelines and market conditions.

Kingfisher Metals Corp (KFR.V)

Kingfisher Metals Corp has experienced a notable decline of 6.61% in one day, but it has seen a 5.61% increase over the past week. This volatility may attract speculative investors, but it also highlights the risks involved in penny stocks. The company is engaged in mineral exploration in British Columbia, and its performance can be heavily influenced by exploration results and market sentiment.


Advertisement

Wealth Awesome
Written by

Wealth Awesome

Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.

View Full Profile →

✅ Reviewed by Certified Financial Professionals

This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.

Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.

📊 Data AccuracyVerified sources
🇨🇦 Canadian FocusLocal expertise
🔍 Fact-CheckedEditorial review

⚠️ Professional Disclaimer

This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.

Published: September 23, 2026
Last Updated: September 23, 2026
PARTNER SPOTLIGHT

Blue Cross Life® Term Life Insurance

Affordable term life coverage in Canada — get a free quote in seconds, no credit card required.

  • Coverage from $100,000 to $5 million, terms of 10–30 years
  • 10% off first-year premiums when couples apply together
  • Fully digital application — many qualify without a medical exam

Sponsored links

Advertisement