Kalkine Media explores Canadian stocks under $1: DRT to MGA

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Highlights

  • DIRTT Environmental improved its total revenue to US$ 44.7 million in Q2 2022, greater than US$ 41.1 million in Q2 2021
  • Perpetual Energy stock galloped by almost  168  per cent in one year
  • Doubleview Gold stock catapulted by over 120 per cent in three months

Canadian investors with high-risk abilities can consider under C$ 1 penny stocks like Perpetual Energy (TSX: PMT), Ceapro (TSXV: CZO), Mega Uranium (TSXV: MGA) etc., to generate short-term gains.

Though penny investments are highly volatile, small investors with little money to invest could explore such stocks to fetch significant returns over a shorter duration relative to larger counterparts. However, such investment decisions where stakes are high could also result in significant in case of an unfavourable market environment. Thus, investors should carefully explore penny stocks and study market dynamics to act timely.

Considering these points, let us talk about the following seven penny stocks under C$ 1 selected by Kalkine Media®.


 


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