TUD, GMG, ZEN, LA and VZLA: 5 TSXV small-cap stocks to buy in May

Investors often prefer Small-cap stocks as they are not very expensive and have a prospect of growing and providing higher returns in the future.

Although investments in a stock market come with several risks due to volatility, that doesn’t scare away the investors.

In Canada, the TSX Venture Exchanges has a variety of small-cap stocks, and we have shortlisted five of them that may be considered worth exploring:

Tudor Gold Corp. (TSXV:TUD)

The company has business operations in British Columbia, and it is involved in exploring precious metals. During inflation, gold could act as a hedge against it, and exploring gold stocks could help set up a balanced portfolio.

At the time of writing, the TUD stock was rising, and it was up about three per cent to C$ 1.75 per share. Compared to its 52-week high of C$ 3.16 apiece, the present price of the TUD stock could be an indicator that it might be undervalued.

Also Read: 3 TSX smart penny stocks to buy in May        

On April 7, Tudor Gold said it is preparing for a drill hole program this year at the Treaty Creek Gold Project in British Columbia.

Graphene Manufacturing Group Ltd. (TSXV:GMG)

It is involved in producing Graphene, a material used in paints, lubricants, and coolants. Recently, Graphene Manufacturing Group entered into a collaborative agreement for BOSCH to design and deliver GMG's manufacturing facility for aluminium-ion batteries.

For the period ended December 31, 2021, Graphene's cash and cash equivalents increased to C$ 15.1 million from C$ 3.4 million as of June 30, 2021.

Meanwhile, the value of the total assets had increased to C$ 17.4 million from C$ 4.9 million in the same period.

Zentek Ltd. (TSXV:ZEN)

The healthcare company focuses on developing and commercializing next-gen solutions in the healthcare sector. The company has applied for a patent for one of its products called ZENGuard, a coating with 99 per cent antimicrobial activity, including against the coronavirus.

As of December 31, 2021, Zentek's cash and cash equivalents were approximately C$ 3.1 million, and total assets amounted to around C$ 7.5 million.

Los Andes Copper Ltd. (TSXV:LA)

Copper has become an important metal over the years, and some analysts believe that its demand could soar in future. Los Andes is involved in exploring and developing copper deposits in Latin America.

In 2021, the copper exploration company said that its cash and cash equivalents had increased to C$ 8.8 million from C$ 3.99 million in 2020.

Also, the company narrowed down its net loss to C$ 1.6 million from C$ 1.9 million in the same comparable period.

Vizsla Silver Corp. (TSXV:VZLA)

The junior metals and mining company is involved in the primary exploration of gold and silver in the Panuco project in Mexico. Recently, it announced a new discovery at the project and had earlier expanded 2,500 meters long at Panuco.

Vizsla holds a market capitalization of C$ 318.8 million, and the 10-day average volume of VZLA shares traded was 337,538.

Vizsla's balance sheet mentioned that it had C$ 4.9 million in cash as of January 31, 2021.

Also Read: EMO, ODV, and DSV: 3 TSXV precious metals stocks to buy?

Please note, the above content constitutes a very preliminary observation or view based on digital trends and is of limited scope without any in-depth fundamental valuation or technical analysis. Any interest in stocks or sectors should be thoroughly evaluated taking into consideration the associated risks.