Discover TSX Penny Stocks With Market Caps Under CA$200M

With a market value of 87,70 million C, Sparq Systems is a pre -company that faces difficulties specific to penny stocks. Recently, he started to produce commercial micro -reclining in India and pointed to an important operational milestone. Although it has a debt -free and short -term assets that exceed the obligations, 1.07 million C for the 1st quarter has reported a clear loss and continues to face concerns from the auditors due to ongoing losses. If the company’s cash runway, existing cash flow trends continue, it stretches slightly more than a year, emphasizing the financial pressures it encounters in the midst of expansion efforts.

Simply Wall ST financial health degree: ★★★★★ique

Overview: Northern Superior Resources Inc., 184.06 million C market value Ontario and Québec, Canada is a young mining company that focuses on discovering and evaluating gold properties in Canada.

Operations: Northern Superior Resources Inc. has no notified income segments.

Market value: Ca $ 184.06m

Northern superior sources with a market value of 184.06 million Ca are pre -income and focused on expanding the gold discovery footprint in Ontario and Québec. Recent purchases increased the land position in the Chibougamau Gold Camp and increased the potential to expand in the Philibert project. Despite a significant income, it remains without debt with short -term assets covering obligations. The company has a cash runway exceeding a year, but it faces financial difficulties specific to young miners. The results of the final drilling show promising high -grade gold zones that show potential growth opportunities as part of strategic discovery initiatives.

This article by Simply Wall ST is general in nature. We offer comments based on historical data and analyst estimates using only an impartial methodology, and our articles are not financial advice. It does not make a suggestion to buy or sell any stocks and does not take into account your goals or financial status. We aim to bring you long -term -oriented analysis directed with basic data. Keep in mind that our analysis may not take into account the latest price -sensitive company announcements or qualitative materials. Simply Wall ST has no position in the specified stocks.

TSXV: HPY TSXV: SPRQ and TSXV: SUP.

This article was initially published. Simply Wall ST.

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