Of these, about 80% have little or no revenue, and have massive accumulated deficits offset by large issues equity (The companies lose money YoY, and to stay afloat they sell more and more shares each year). This really destroys shareholder value, and makes these companies toxic. Most of these companies are mining, materials or exploration companies by category, but in reality they just own a plot of land they believe has some resource buried deep in it. I read through the annual reports for about ten of these companies. The reports are very simple, and it is clear that they have deep issues in operations and financials.
There are a number of SP*C like companies that offer little promise. They claim that they are a resource or manufacturing company - but looking deep into their operations the words "planned manufacturing" or "future acquisitions" are prevalent in any discussion about operations or assets. These companies have nothing going on. They may have some ideas or plans, some capital to carry out these plans, but they don't actually own or do anything. There are hundreds of these companies.
There are a few promising small cap companies, and more promising mid to large cap companies. I have tabulated 110 companies that have some promise or have good current operations. These are all my opinion, and I haven't considered at all any of the financial states of these companies - I have only read a blurb about what the company does, and looked at the size and current earnings in some cases. Some may have great operations, some may be horribly unprofitable, but all are distinguished as doing something other than thinking about mining or buying real estate. Here is the list in all of its glory:
Ticker
Name
Price
Market Cap
AAT
ATI Airtest Technologies Inc. (XTSX:AAT)
$0.07
$6,352,620
ACU
Aurora Solar Technologies Inc. (XTSX:ACU)
$0.25
$32,086,351
ADYA
ADYA INC. (XTSX:ADYA)
$0.12
$2,715,560
AFN
Ag Growth International Inc. (XTSE:AFN)
$36.79
$690,868,005
APL
Appulse Corporation (XTSX:APL)
$0.40
$5,578,920
AST
ASTRON CONNECT INC. (XTSX:AST)
$0.24
$2,505,100
AWI
Advent-AWI Holdings Inc. (XTSX:AWI)
$1.05
$12,532,285
BAM.PR.C
Brookfield Asset Management Inc. (XTSE:BAM.PR.C)
$13.35
$99,926,270,000
BEER
Hill Street Beverage Company Inc. (XTSX:BEER)
$0.09
$17,401,089
BEP.UN
BRKFLD RWBL PRT NON VTG UNT (XTSE:BEP.UN)
$48.22
#FIELD!
BPO.PR.X
Brookfield Office Properties Inc (XTSE:BPO.PR.X)
$11.10
#FIELD!
BQE
BQE Water Inc. (XTSX:BQE)
$32.15
$39,736,370
BSO.UN
BROOKFIELD SELECT OPPOR INC UNT (XTSE:BSO.UN)
$6.19
#FIELD!
BTEC.H
BALSAM TECHNOLOGIES CORP (XTSX:BTEC.H)
$0.50
$2,659,870
BTRU
betterU Education Corp. (XTSX:BTRU)
$0.03
#FIELD!
BWLK
Boardwalktech Software Corp. (XTSX:BWLK)
$0.94
$37,272,910
BYM.H
Baymount Incorporated (XTSX:BYM.H)
$0.03
$690,460
CAE
CAE Inc. (XTSE:CAE)
$38.64
$11,368,216,440
CGX
Cineplex Inc. (XTSE:CGX)
$15.61
$1,015,314,000
CHR
CHORUS AVIATION INC. (XTSE:CHR)
$4.83
$858,053,847
CLI
Clearford Water Systems Inc. (XTSX:CLI)
$0.03
$2,550,690
CNS
CONTAGIOUS GAMING INC. (XTSX:CNS)
$0.06
#FIELD!
CNX
Callinex Mines Inc. (XTSX:CNX)
$4.49
$51,853,360
CRBK
CAREBOOK TECHNOLOGIES INC. (XTSX:CRBK)
$1.12
#FIELD!
CTC.A
CANADIAN TIRE CORPORATION, LIMITED (XTSE:CTC.A)
$193.73
$12,031,430,000
CTO
CIRCA ENTERPRISES INC. (XTSX:CTO)
$1.12
$11,342,912
DAC
DATABLE TECHNOLOGY CORPORATION (XTSX
AC)
$0.08
$11,079,450
DOCT
Beyond Medical Technologies Inc. (XCNQOCT)
$0.07
$5,495,790
DOL
DOLLARAMA INC. (XTSEOL)
$57.06
$17,437,490,352
DSY
DESTINY MEDIA TECHNOLOGIES INC. (XTSXSY)
$1.86
$18,547,860
DXX
DXSTORM.COM INC. (XTSXXX)
$0.05
$1,036,480
EFN.PR.C
Element Fleet Management Corp. (XTSE:EFN.PR.C)
$25.70
$6,421,359,000
ENA
Enablence Technologies Inc. (XTSX:ENA)
$0.02
$9,640,410
EQG
EQUBE GAMING LIMITED (XTSX:EQG)
$0.03
$755,520
FBF
FAB-FORM INDUSTRIES LTD. (XTSX:FBF)
$0.46
$4,058,150
FTEC
Fintech Select Ltd. (XTSX:FTEC)
$0.07
$5,083,720
GB
Ginger Beef Corporation (XTSX:GB)
$0.38
$5,077,560
GIL
GILDAN ACTIVEWEAR INC. (XTSE:GIL)
$44.62
$8,853,937,676
GKO
Geekco Technologies Corporation (XTSX:GKO)
$0.35
$12,686,410
HIT
Hit Technologies Inc. (XTSX:HIT)
$0.01
$642,460
HSI
H-SOURCE HOLDINGS LTD. (XTSX:HSI)
$0.10
$12,960,390
HULK
Pontus Protein Ltd. (XTSX:HULK)
$0.19
$12,596,815
IDL
Imaging Dynamics Company, Ltd. (XTSX:IDL)
$0.06
$13,434,910
IFC.PR.D
Intact Financial Corporation (XTSE:IFC.PR.D)
$24.50
$25,927,390,000
IGX
INTELGENX TECHNOLOGIES CORP. (XTSX:IGX)
$0.60
$70,664,750
INX
Intouch Insight Ltd. (XTSX:INX)
$0.75
$17,172,607
IQ
AirIQ Inc. (XTSX:IQ)
$0.27
$8,710,610
ISD
iSIGN MEDIA SOLUTIONS INC. (XTSX:ISD)
$0.07
$11,439,848
IVI
IVRNET INC. (XTSX:IVI)
$0.05
#FIELD!
JTC
JEMTEC Inc. (XTSX:JTC)
$1.99
$5,561,410
LM
LINGO MEDIA CORPORATION (XTSX:LM)
$0.09
$3,019,981
LOOP
LOOPSHARE LTD. (XTSX:LOOP)
$0.51
$1,989,880
LSPD
Lightspeed POS Inc. (XTSE:LSPD)
$106.31
$14,246,310,000
LTV
LeoNovus Inc. (XTSX:LTV)
$0.38
$7,837,875
MAGT
Magnet Forensics Inc. (XTSE:MAGT)
$26.25
$236,750,900
MAL
Magellan Aerospace Corporation (XTSE:MAL)
$10.60
$611,928,566
MCLD
mCloud Technologies Corp. (XTSX:MCLD)
$1.75
$60,265,835
MFS.H
Medifocus Inc. (XTSX:MFS.H)
$0.01
#FIELD!
MG
Magna International Inc. (XTSE:MG)
$113.20
$33,876,662,160
MKT
DeepMarkit Corp. (XTSX:MKT)
$0.31
$1,561,640
MOGO
Mogo Inc. (XTSE:MOGO)
$8.70
$564,135,927
MRS
MISSION READY SOLUTIONS INC. (XTSX:MRS)
$0.44
$86,044,783
MRU
METRO INC. (XTSE:MRU)
$59.07
$14,506,847,718
MVP
MediaValet Inc. (XTSE:MVP)
$2.38
$90,987,209
MVY
MOOVLY MEDIA INC. (XTSX:MVY)
$0.25
$40,285,825
NKW.H
OCEANIC WIND ENERGY INC. (XTSX:NKW.H)
$0.15
$9,964,310
NPA
Alphinat Inc (XTSX:NPA)
$0.09
$5,683,406
NTE
Network Media Group Inc. (XTSX:NTE)
$0.13
$9,680,690
NTR
Nutrien Ltd. (XTSE:NTR)
$73.60
$41,967,544,320
NVEI
Nuvei Corp (XTSE:NVEI)
$104.98
$14,376,300,000
NXT.H
Natcore Technology Inc. (XTSX:NXT.H)
$0.06
$4,893,210
OTEX
Open Text Corporation (XTSE:OTEX)
$63.87
$17,449,130,712
PAI
Predictiv AI Inc (XTSXAI)
$0.06
$5,610,040
PDO
PUDO INC. (XCNQDO)
$1.34
$36,337,557
PJT
Partner Jet Corp. (XTSXJT)
$0.40
#FIELD!
PLC
Park Lawn Corporation (XTSELC)
$32.40
$978,943,900
PNG
Kraken Robotics Inc. (XTSXNG)
$0.58
$97,787,420
POOL
Pool Safe Inc. (XTSXOOL)
$0.03
$2,160,640
RLV
RELEVIUM TECHNOLOGIES INC. (XTSX:RLV)
$0.03
$5,194,260
RSI
ROGERS SUGAR INC. (XTSE:RSI)
$5.74
$594,301,806
RUM
ROCKY MOUNTAIN LIQUOR INC. (XTSX:RUM)
$0.20
$9,260,538
SAI.H
SUNSHINE AGRI-TECH INC. (XTSX:SAI.H)
$0.02
$1,440,130
SAP
SAPUTO INC. (XTSE:SAP)
$37.45
$15,456,510,055
SLF.PR.G
SUN LIFE FINANCIAL INC (XTSE:SLF.PR.G)
$16.16
$37,419,390,000
SNS
SELECT SANDS CORP. (XTSX:SNS)
$0.08
$4,765,760
SPP
SPOT COFFEE (CANADA) LTD. (XTSX:SPP)
$0.04
$5,057,810
SSC.H
SMARTCOOL SYSTEMS INC. (XTSX:SSC.H)
$0.05
#FIELD!
STX
Starrex International Ltd. (XCNQ:STX)
$1.26
$19,411,820
SW
SIERRA WIRELESS, INC. (XTSE:SW)
$23.99
$694,438,900
T
TELUS Corporation (XTSE:T)
$27.75
$35,470,050,000
TCS
TECSYS INC. (XTSE:TCS)
$42.20
$612,115,220
TEV
Tervita Corporation (XTSE:TEV)
$5.81
$672,003,192
TFII
TFI International Inc. (XTSE:TFII)
$113.33
$10,577,370,000
TGIF
1933 INDUSTRIES INC. (XCNQ:TGIF)
$0.10
$29,967,322
TKX
TRACKX HOLDINGS INC. (XTSX:TKX)
$0.09
$10,570,310
TLA
TITAN LOGIX CORP. (XTSX:TLA)
$0.60
$17,121,678
TMS.H
Targeted Microwave Solutions Inc. (XTSX:TMS.H)
$0.04
$4,438,700
TRAD
Voleo Trading Systems Inc. (XTSX:TRAD)
$0.30
$8,998,880
UNS
UNI-SELECT INC. (XTSE:UNS)
$15.21
$674,997,600
VAI
VirtualArmour International Inc. (XCNQ:VAI)
$0.09
$9,067,210
VISN
BINOVI TECHNOLOGIES CORP. (XTSX:VISN)
$0.05
$8,290,075
VMY.H
VOICE MOBILITY INTERNATIONAL, INC. (XTSX:VMY.H)
$0.07
$280,180
VPN
VPN Technologies Inc. (XCNQ:VPN)
$0.16
$1,622,230
WATR
Current Water Technologies Inc. (XTSX:WATR)
$0.08
$16,982,000
WPN
First Responder Technologies Inc (XCNQ:WPN)
$0.04
$2,475,270
WWT
Water Ways Technologies Inc (XTSX:WWT)
$0.15
$12,383,220
Y
Yellow Pages Limited (XTSE:Y)
$14.69
$408,226,873
ZMS.H
Zecotek Photonics Inc. (XTSX:ZMS.H)
$0.01
$1,649,330
ZONE
Zonetail Inc. (XTSX:ZONE)
$0.07
#FIELD!
#FIELD!
CTU.H
#FIELD!
#FIELD!
You should be able to copy and paste the table into excel or sheets if you want the data. Happy hunting and hopefully this can save you some time!
There are a number of SP*C like companies that offer little promise. They claim that they are a resource or manufacturing company - but looking deep into their operations the words "planned manufacturing" or "future acquisitions" are prevalent in any discussion about operations or assets. These companies have nothing going on. They may have some ideas or plans, some capital to carry out these plans, but they don't actually own or do anything. There are hundreds of these companies.
There are a few promising small cap companies, and more promising mid to large cap companies. I have tabulated 110 companies that have some promise or have good current operations. These are all my opinion, and I haven't considered at all any of the financial states of these companies - I have only read a blurb about what the company does, and looked at the size and current earnings in some cases. Some may have great operations, some may be horribly unprofitable, but all are distinguished as doing something other than thinking about mining or buying real estate. Here is the list in all of its glory:
Ticker
Name
Price
Market Cap
AAT
ATI Airtest Technologies Inc. (XTSX:AAT)
$0.07
$6,352,620
ACU
Aurora Solar Technologies Inc. (XTSX:ACU)
$0.25
$32,086,351
ADYA
ADYA INC. (XTSX:ADYA)
$0.12
$2,715,560
AFN
Ag Growth International Inc. (XTSE:AFN)
$36.79
$690,868,005
APL
Appulse Corporation (XTSX:APL)
$0.40
$5,578,920
AST
ASTRON CONNECT INC. (XTSX:AST)
$0.24
$2,505,100
AWI
Advent-AWI Holdings Inc. (XTSX:AWI)
$1.05
$12,532,285
BAM.PR.C
Brookfield Asset Management Inc. (XTSE:BAM.PR.C)
$13.35
$99,926,270,000
BEER
Hill Street Beverage Company Inc. (XTSX:BEER)
$0.09
$17,401,089
BEP.UN
BRKFLD RWBL PRT NON VTG UNT (XTSE:BEP.UN)
$48.22
#FIELD!
BPO.PR.X
Brookfield Office Properties Inc (XTSE:BPO.PR.X)
$11.10
#FIELD!
BQE
BQE Water Inc. (XTSX:BQE)
$32.15
$39,736,370
BSO.UN
BROOKFIELD SELECT OPPOR INC UNT (XTSE:BSO.UN)
$6.19
#FIELD!
BTEC.H
BALSAM TECHNOLOGIES CORP (XTSX:BTEC.H)
$0.50
$2,659,870
BTRU
betterU Education Corp. (XTSX:BTRU)
$0.03
#FIELD!
BWLK
Boardwalktech Software Corp. (XTSX:BWLK)
$0.94
$37,272,910
BYM.H
Baymount Incorporated (XTSX:BYM.H)
$0.03
$690,460
CAE
CAE Inc. (XTSE:CAE)
$38.64
$11,368,216,440
CGX
Cineplex Inc. (XTSE:CGX)
$15.61
$1,015,314,000
CHR
CHORUS AVIATION INC. (XTSE:CHR)
$4.83
$858,053,847
CLI
Clearford Water Systems Inc. (XTSX:CLI)
$0.03
$2,550,690
CNS
CONTAGIOUS GAMING INC. (XTSX:CNS)
$0.06
#FIELD!
CNX
Callinex Mines Inc. (XTSX:CNX)
$4.49
$51,853,360
CRBK
CAREBOOK TECHNOLOGIES INC. (XTSX:CRBK)
$1.12
#FIELD!
CTC.A
CANADIAN TIRE CORPORATION, LIMITED (XTSE:CTC.A)
$193.73
$12,031,430,000
CTO
CIRCA ENTERPRISES INC. (XTSX:CTO)
$1.12
$11,342,912
DAC
DATABLE TECHNOLOGY CORPORATION (XTSX
AC)$0.08
$11,079,450
DOCT
Beyond Medical Technologies Inc. (XCNQ
OCT)$0.07
$5,495,790
DOL
DOLLARAMA INC. (XTSE
OL)$57.06
$17,437,490,352
DSY
DESTINY MEDIA TECHNOLOGIES INC. (XTSX
SY)$1.86
$18,547,860
DXX
DXSTORM.COM INC. (XTSX
XX)$0.05
$1,036,480
EFN.PR.C
Element Fleet Management Corp. (XTSE:EFN.PR.C)
$25.70
$6,421,359,000
ENA
Enablence Technologies Inc. (XTSX:ENA)
$0.02
$9,640,410
EQG
EQUBE GAMING LIMITED (XTSX:EQG)
$0.03
$755,520
FBF
FAB-FORM INDUSTRIES LTD. (XTSX:FBF)
$0.46
$4,058,150
FTEC
Fintech Select Ltd. (XTSX:FTEC)
$0.07
$5,083,720
GB
Ginger Beef Corporation (XTSX:GB)
$0.38
$5,077,560
GIL
GILDAN ACTIVEWEAR INC. (XTSE:GIL)
$44.62
$8,853,937,676
GKO
Geekco Technologies Corporation (XTSX:GKO)
$0.35
$12,686,410
HIT
Hit Technologies Inc. (XTSX:HIT)
$0.01
$642,460
HSI
H-SOURCE HOLDINGS LTD. (XTSX:HSI)
$0.10
$12,960,390
HULK
Pontus Protein Ltd. (XTSX:HULK)
$0.19
$12,596,815
IDL
Imaging Dynamics Company, Ltd. (XTSX:IDL)
$0.06
$13,434,910
IFC.PR.D
Intact Financial Corporation (XTSE:IFC.PR.D)
$24.50
$25,927,390,000
IGX
INTELGENX TECHNOLOGIES CORP. (XTSX:IGX)
$0.60
$70,664,750
INX
Intouch Insight Ltd. (XTSX:INX)
$0.75
$17,172,607
IQ
AirIQ Inc. (XTSX:IQ)
$0.27
$8,710,610
ISD
iSIGN MEDIA SOLUTIONS INC. (XTSX:ISD)
$0.07
$11,439,848
IVI
IVRNET INC. (XTSX:IVI)
$0.05
#FIELD!
JTC
JEMTEC Inc. (XTSX:JTC)
$1.99
$5,561,410
LM
LINGO MEDIA CORPORATION (XTSX:LM)
$0.09
$3,019,981
LOOP
LOOPSHARE LTD. (XTSX:LOOP)
$0.51
$1,989,880
LSPD
Lightspeed POS Inc. (XTSE:LSPD)
$106.31
$14,246,310,000
LTV
LeoNovus Inc. (XTSX:LTV)
$0.38
$7,837,875
MAGT
Magnet Forensics Inc. (XTSE:MAGT)
$26.25
$236,750,900
MAL
Magellan Aerospace Corporation (XTSE:MAL)
$10.60
$611,928,566
MCLD
mCloud Technologies Corp. (XTSX:MCLD)
$1.75
$60,265,835
MFS.H
Medifocus Inc. (XTSX:MFS.H)
$0.01
#FIELD!
MG
Magna International Inc. (XTSE:MG)
$113.20
$33,876,662,160
MKT
DeepMarkit Corp. (XTSX:MKT)
$0.31
$1,561,640
MOGO
Mogo Inc. (XTSE:MOGO)
$8.70
$564,135,927
MRS
MISSION READY SOLUTIONS INC. (XTSX:MRS)
$0.44
$86,044,783
MRU
METRO INC. (XTSE:MRU)
$59.07
$14,506,847,718
MVP
MediaValet Inc. (XTSE:MVP)
$2.38
$90,987,209
MVY
MOOVLY MEDIA INC. (XTSX:MVY)
$0.25
$40,285,825
NKW.H
OCEANIC WIND ENERGY INC. (XTSX:NKW.H)
$0.15
$9,964,310
NPA
Alphinat Inc (XTSX:NPA)
$0.09
$5,683,406
NTE
Network Media Group Inc. (XTSX:NTE)
$0.13
$9,680,690
NTR
Nutrien Ltd. (XTSE:NTR)
$73.60
$41,967,544,320
NVEI
Nuvei Corp (XTSE:NVEI)
$104.98
$14,376,300,000
NXT.H
Natcore Technology Inc. (XTSX:NXT.H)
$0.06
$4,893,210
OTEX
Open Text Corporation (XTSE:OTEX)
$63.87
$17,449,130,712
PAI
Predictiv AI Inc (XTSX
AI)$0.06
$5,610,040
PDO
PUDO INC. (XCNQ
DO)$1.34
$36,337,557
PJT
Partner Jet Corp. (XTSX
JT)$0.40
#FIELD!
PLC
Park Lawn Corporation (XTSE
LC)$32.40
$978,943,900
PNG
Kraken Robotics Inc. (XTSX
NG)$0.58
$97,787,420
POOL
Pool Safe Inc. (XTSX
OOL)$0.03
$2,160,640
RLV
RELEVIUM TECHNOLOGIES INC. (XTSX:RLV)
$0.03
$5,194,260
RSI
ROGERS SUGAR INC. (XTSE:RSI)
$5.74
$594,301,806
RUM
ROCKY MOUNTAIN LIQUOR INC. (XTSX:RUM)
$0.20
$9,260,538
SAI.H
SUNSHINE AGRI-TECH INC. (XTSX:SAI.H)
$0.02
$1,440,130
SAP
SAPUTO INC. (XTSE:SAP)
$37.45
$15,456,510,055
SLF.PR.G
SUN LIFE FINANCIAL INC (XTSE:SLF.PR.G)
$16.16
$37,419,390,000
SNS
SELECT SANDS CORP. (XTSX:SNS)
$0.08
$4,765,760
SPP
SPOT COFFEE (CANADA) LTD. (XTSX:SPP)
$0.04
$5,057,810
SSC.H
SMARTCOOL SYSTEMS INC. (XTSX:SSC.H)
$0.05
#FIELD!
STX
Starrex International Ltd. (XCNQ:STX)
$1.26
$19,411,820
SW
SIERRA WIRELESS, INC. (XTSE:SW)
$23.99
$694,438,900
T
TELUS Corporation (XTSE:T)
$27.75
$35,470,050,000
TCS
TECSYS INC. (XTSE:TCS)
$42.20
$612,115,220
TEV
Tervita Corporation (XTSE:TEV)
$5.81
$672,003,192
TFII
TFI International Inc. (XTSE:TFII)
$113.33
$10,577,370,000
TGIF
1933 INDUSTRIES INC. (XCNQ:TGIF)
$0.10
$29,967,322
TKX
TRACKX HOLDINGS INC. (XTSX:TKX)
$0.09
$10,570,310
TLA
TITAN LOGIX CORP. (XTSX:TLA)
$0.60
$17,121,678
TMS.H
Targeted Microwave Solutions Inc. (XTSX:TMS.H)
$0.04
$4,438,700
TRAD
Voleo Trading Systems Inc. (XTSX:TRAD)
$0.30
$8,998,880
UNS
UNI-SELECT INC. (XTSE:UNS)
$15.21
$674,997,600
VAI
VirtualArmour International Inc. (XCNQ:VAI)
$0.09
$9,067,210
VISN
BINOVI TECHNOLOGIES CORP. (XTSX:VISN)
$0.05
$8,290,075
VMY.H
VOICE MOBILITY INTERNATIONAL, INC. (XTSX:VMY.H)
$0.07
$280,180
VPN
VPN Technologies Inc. (XCNQ:VPN)
$0.16
$1,622,230
WATR
Current Water Technologies Inc. (XTSX:WATR)
$0.08
$16,982,000
WPN
First Responder Technologies Inc (XCNQ:WPN)
$0.04
$2,475,270
WWT
Water Ways Technologies Inc (XTSX:WWT)
$0.15
$12,383,220
Y
Yellow Pages Limited (XTSE:Y)
$14.69
$408,226,873
ZMS.H
Zecotek Photonics Inc. (XTSX:ZMS.H)
$0.01
$1,649,330
ZONE
Zonetail Inc. (XTSX:ZONE)
$0.07
#FIELD!
#FIELD!
CTU.H
#FIELD!
#FIELD!
You should be able to copy and paste the table into excel or sheets if you want the data. Happy hunting and hopefully this can save you some time!