Three TSX penny stocks with market caps over CA$20M have caught the attention of investors recently. These stocks may be considered risky due to their low prices, but they also have the potential for significant gains.
One of the penny stocks is Company X, which has a market cap of over CA$30M. Company X operates in the technology sector and has been gaining traction in the market recently.
Another penny stock to watch is Company Y, with a market cap of over CA$25M. Company Y is in the healthcare industry and has been steadily growing despite its penny stock status.
Lastly, Company Z is another TSX penny stock with a market cap above CA$20M. Company Z is in the energy sector and has been attracting investors looking for opportunities in the market.
Investing in penny stocks can be risky, but for those willing to take a chance, these three TSX penny stocks with market caps over CA$20M may be worth considering.