It takes an encyclopedic drive to build a sense of Canada’s vast micro-cap stock universe and identify the highest probabilities for successful outcomes.
Few will bother to reach A-to-Z familiarity and truly maximize their investments, succumbing to the tedium of combing through financial statements, investor presentations and analyst reports at the expense of potentially exponential returns.
In 2025’s first edition of Weekly Market Movers, like we do every week, we help you beat the tedium by suggesting three prospective micro-cap stocks to freshen up your portfolio.
Canagold Resources
Our first micro-cap stock is Canagold Resources, an advanced mineral developer ushering its over 1.2 million-ounce New Polaris gold project in British Columbia into production.
The stock is flat since the 2023 mineral resource estimate (MRE), setting up ongoing feasibility and permitting work to act as catalysts and shorten the gap between Canagold and physical gold’s record-setting gains in 2024.
Catalin Kilofliski, Canagold’s chief executive officer (CEO), recently joined Lyndsay Malchuk to speak about an antimony discovery at New Polaris sweetening the project’s value proposition. Watch the interview here.
Canagold stock (TSX:CCM) last traded at C$0.28. The stock has added 35.71 per cent year-over-year but only 29.55 per cent since 2020.
Electrum Discovery
Next up is Electrum Discovery, a junior miner active in Serbia developing two projects with optimistic futures.
The 123-square-kilometre Timok East project includes the 550 m x 100 m Bambino copper-gold anomaly, where copper grades in soil range from 500-8,238 parts per million copper. The anomaly is located less than five kilometers from the world-class Bor copper-gold mining complex.
The 522-square-kilometre Novo Tlamino project houses an inferred mineral resource of 670,000 ounces of gold equivalent, according to a 2021 preliminary economic assessment (PEA).
A maiden 2,000-m drilling program at Timok East in Q1 2025 boasts numerous high priority-targets, while an updated PEA and MRE for Novo Tlamino are expected imminently, setting high expectations for positive news flow to stoke market sentiment.
Elena Clarici, Electrum Discovery’s CEO, spoke with Lyndsay Malchuk about the company’s inclusion in BHP’s 2025 Xplor Accelerator Program. Watch the interview here.
Electrum Discovery stock (TSXV:ELY) last traded at C$0.16 and has added 40.91 per cent since listing on the TSXV in January 2024.
Voyageur Pharmaceuticals
Our final micro-cap stock pick this week is Voyageur Pharmaceuticals, a developer of barium and iodine active pharmaceutical ingredients and high-performance, cost-effective imaging contrast agents, which increase the contrast of structures or fluids within the body to enhance medical imaging.
The company owns a portfolio of five barium contrast products with Health Canada licenses, as well as the C$344 million net present value Frances Creek barium sulphate project in British Columbia, whose high-grade mineralization promises to bring over 100 years’ worth of higher-quality and lower-cost imaging products to the marketplace.
Voyageur intends to become the first vertically integrated radiology contrast drugs company, vying for U.S. Food and Drug Administration approval in 2025, followed by Europe, having recently signed its first international distribution agreement in Latin America and a letter of intent with a top-five global contrast agent supplier to expand its reach.
Investors are catching on to management’s global ambitions, having bid up Voyageur Pharmaceuticals stock (TSXV:VM) by 35.71 per cent year-over-year in anticipation of initial revenues in the second half of 2025. Shares last traded for C$0.095.
Brent Willis, Voyageur’s CEO, sat down with Lyndsay Malchuk for a discussion about the aforementioned letter of intent. Watch the interview here.
Join the discussion: Find out what everybody’s saying about these micro-cap stocks on the Canagold Resources Ltd., Electrum Discovery Corp. and Voyageur Pharmaceuticals Ltd. Bullboards and check out Stockhouse’s stock forums and message boards.
This is sponsored content issued on behalf of Canagold Resources Ltd., Electrum Discovery Corp. and Voyageur Pharmaceuticals Ltd., please see full disclaimer here.
(Top image: Adobe Stock)