<div id="readability-page-1"><div><p>As the first week of 2026 unfolds, investors are closely monitoring geopolitical developments in Venezuela, fresh labor-market data from North America, and potential shifts in U.S. tariff policies. Amidst these macroeconomic factors, penny stocks remain an intriguing area for investors seeking opportunities at lower price points. These smaller or newer companies can offer growth potential when supported by strong financials, making them a compelling choice for those looking to explore under-the-radar investments with promising prospects.</p><h3>Top 10 Penny Stocks In Canada</h3><table><tbody><tr><td><strong>Name</strong></td><td><strong>Share Price</strong></td><td><strong>Market Cap</strong></td><td><strong>Rewards &amp; Risks</strong></td></tr><tr><td>Westbridge Renewable Energy (TSXV:WEB)</td><td>CA$2.14</td><td>CA$54.6M</td><td>✅ 3 ⚠️ 4 View Analysis &gt;</td></tr><tr><td>Cannara Biotech (TSXV:LOVE)</td><td>CA$1.88</td><td>CA$173.34M</td><td>✅ 3 ⚠️ 0 View Analysis &gt;</td></tr><tr><td>Zoomd Technologies (TSXV:ZOMD)</td><td>CA$1.22</td><td>CA$124.98M</td><td>✅ 4 ⚠️ 2 View Analysis &gt;</td></tr><tr><td>Montero Mining and Exploration (TSXV:MON)</td><td>CA$0.43</td><td>CA$3.59M</td><td>✅ 2 ⚠️ 3 View Analysis &gt;</td></tr><tr><td>CEMATRIX (TSX:CEMX)</td><td>CA$0.355</td><td>CA$52.4M</td><td>✅ 3 ⚠️ 1 View Analysis &gt;</td></tr><tr><td>Thor Explorations (TSXV:THX)</td><td>CA$1.41</td><td>CA$924.76M</td><td>✅ 3 ⚠️ 2 View Analysis &gt;</td></tr><tr><td>Automotive Finco (TSXV:AFCC.H)</td><td>CA$1.20</td><td>CA$23.78M</td><td>✅ 2 ⚠️ 3 View Analysis &gt;</td></tr><tr><td>Pulse Seismic (TSX:PSD)</td><td>CA$3.58</td><td>CA$183.59M</td><td>✅ 2 ⚠️ 1 View Analysis &gt;</td></tr><tr><td>Caldwell Partners International (TSX:CWL)</td><td>CA$1.02</td><td>CA$30.03M</td><td>✅ 2 ⚠️ 3 View Analysis &gt;</td></tr><tr><td>Hemisphere Energy (TSXV:HME)</td><td>CA$1.99</td><td>CA$188.02M</td><td>✅ 3 ⚠️ 2 View Analysis &gt;</td></tr></tbody></table><p>Click here to see the full list of 378 stocks from our  TSX Penny Stocks screener.</p><p>We'll examine a selection from our screener results.</p><h2>Bragg Gaming Group (TSX:BRAG)</h2><p><strong>Simply Wall St Financial Health Rating:</strong> ★★★★★☆</p><p><strong>Overview:</strong> Bragg Gaming Group Inc. is an iGaming content and technology solutions provider that offers proprietary and exclusive content to online and land-based gaming operators, with a market cap of CA$91.36 million.</p><p><strong>Operations:</strong> Bragg Gaming Group generates revenue from its B2B Online Gaming segment, which reported €105.55 million.</p><p><strong>Market Cap:</strong> CA$91.36M</p><p>Bragg Gaming Group, with a market cap of CA$91.36 million, is navigating the penny stock landscape by leveraging its proprietary and exclusive iGaming content. Despite being unprofitable, it maintains a positive free cash flow and has more than three years of cash runway. The company's strategic focus on AI transformation aims to enhance operational efficiency and product personalization. Recent partnerships in Finland and Brazil highlight Bragg's expansion into regulated markets, potentially boosting revenue streams. However, restructuring efforts indicate ongoing cost management challenges as it works towards profitability amidst industry volatility.</p><ul><li>Unlock comprehensive insights into our analysis of Bragg Gaming Group stock in this financial health report.</li><li>Evaluate Bragg Gaming Group's prospects by accessing our earnings growth report.</li></ul><figure><img height="476" src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/e1b63c13-3ef8-4098-87a6-8e00fbcccef9/chart/financial-position-analysis?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="746" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/e1b63c13-3ef8-4098-87a6-8e00fbcccef9/chart/financial-position-analysis"/><figcaption>TSX:BRAG Financial Position Analysis as at Jan 2026</figcaption></figure><h2>Steppe Gold (TSX:STGO)</h2><p><strong>Simply Wall St Financial Health Rating:</strong> ★★★★★☆</p><p><strong>Overview:</strong> Steppe Gold Ltd. operates, develops, explores, and acquires precious metal projects in Mongolia and Peru with a market cap of CA$515.77 million.</p><p><strong>Operations:</strong> The company generates revenue of $140.31 million from its Metals &amp; Mining segment, focusing on gold and other precious metals.</p><p><strong>Market Cap:</strong> CA$515.77M</p><p>Steppe Gold Ltd., with a market cap of CA$515.77 million, is actively navigating the penny stock terrain by focusing on precious metal projects in Mongolia and Peru. Despite recent executive changes, including a new CEO and Chairman, the company remains committed to sustainable growth and enhanced shareholder value. Its short-term assets significantly exceed both short-term and long-term liabilities, indicating strong liquidity. The net debt to equity ratio is satisfactory at 38.9%, while its price-to-earnings ratio of 8.9x suggests potential undervaluation compared to the broader Canadian market. However, recent insider selling may raise concerns about internal confidence levels.</p><ul><li>Click to explore a detailed breakdown of our findings in Steppe Gold's financial health report.</li><li>Explore historical data to track Steppe Gold's performance over time in our past results report.</li></ul><figure><img height="476" src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/8837a0b4-b931-4a4a-9f6f-237b3c76d6fb/chart/debt-equity-history-analysis?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="746" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/8837a0b4-b931-4a4a-9f6f-237b3c76d6fb/chart/debt-equity-history-analysis"/><figcaption>TSX:STGO Debt to Equity History and Analysis as at Jan 2026</figcaption></figure><h2>Empress Royalty (TSXV:EMPR)</h2><p><strong>Simply Wall St Financial Health Rating:</strong> ★★★★★☆</p><p><strong>Overview:</strong> Empress Royalty Corp. is involved in establishing and investing in a portfolio of precious metal royalty and streaming interests in Canada, with a market capitalization of CA$134.39 million.</p><p><strong>Operations:</strong> The company generates revenue of $13.34 million from its activities in acquiring mining royalty and streaming interests.</p><p><strong>Market Cap:</strong> CA$134.39M</p><p>Empress Royalty Corp., with a market cap of CA$134.39 million, is gaining traction in the penny stock arena through its strategic investments in precious metal royalties and streaming interests. The company recently became profitable, reporting net income of US$2.96 million for the first nine months of 2025. Its financial stability is underpinned by more cash than total debt and strong short-term asset coverage over liabilities. Recent developments include Streamex Corp.'s acquisition of a 9.90% stake, signaling external confidence in Empress's potential growth trajectory despite low return on equity and stable weekly volatility concerns.</p><ul><li>Click here and access our complete financial health analysis report to understand the dynamics of Empress Royalty.</li><li>Review our growth performance report to gain insights into Empress Royalty's future.</li></ul><figure><img height="476" src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/bd154d72-a9fc-4b51-8a77-0817088979ff/chart/financial-position-analysis?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="746" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/bd154d72-a9fc-4b51-8a77-0817088979ff/chart/financial-position-analysis"/><figcaption>TSXV:EMPR Financial Position Analysis as at Jan 2026</figcaption></figure><h2>Next Steps</h2><ul><li>Explore the 378 names from our  TSX Penny Stocks screener here.</li><li>Seeking Other Investments? The best AI stocks today may lie beyond giants like Nvidia and Microsoft. Find the next big opportunity with these 25 smaller AI-focused companies with strong growth potential through early-stage innovation in machine learning, automation, and data intelligence that could fund your retirement.</li></ul> <p><em> This article by Simply Wall St is general in nature. <strong>We provide commentary based on historical data      and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.</strong> It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your      financial situation. We aim to bring you long-term focused analysis driven by fundamental data.      Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.      Simply Wall St has no position in any stocks mentioned.</em></p></div></div>

BRAG

<p>As of the first week of 2026, investors are focusing on geopolitical developments, labor-market data, and U.S. tariff policies. Penny stocks are highlighted as potential investment opportunities, with Bragg Gaming Group (TSX:BRAG), Steppe Gold (TSX:STGO), and Empress Royalty (TSXV:EMPR) being notable mentions. Bragg Gaming, with a market cap of CA$91.36 million, is expanding in regulated markets despite being unprofitable. Steppe Gold, valued at CA$515.77 million, focuses on precious metals and shows strong liquidity. Empress Royalty, with a market cap of CA$134.39 million, recently became profitable, indicating growth potential in the penny stock sector.</p>

Bragg Gaming Group And 2 Other TSX Penny Stocks To Consider