Any seasoned micro-cap stock investor knows the difference between due diligence and taking a flyer, the former requiring detailed study of market, product and financial statements, while the latter can be based on story or feeling alone.
What these two sides of the same coin have in common is how the flip is ultimately determined, namely, by how a given stock performs over the intended holding period. This is why stocks with positive short-term momentum make good candidates for analysis, as they may potentially reveal quality operations supporting the gains, offering you an enhanced path towards meeting your financial goals.
In the latest edition of Stockhouse’s Weekly Market Movers, I sketch out cases for two micro-cap stocks posting impressive returns as of late, whose underlying businesses show evidence of having what it takes to justify a long-term investment.
Tocvan Ventures
Our first micro-cap stock pick to buy right now is Tocvan Ventures, which is exploring two gold-silver projects in Sonora, Mexico, a mining friendly jurisdiction, with eyes on establishing multi-million-ounce resources. These include:
- The 2,277.7-hectare Gran Pilar project, which yielded intercepts up to 116.9 metres at 1.2 grams per ton (g/t) of gold and holds the potential, according to the company’s March 2025 investor presentation, to house a resource of up to 7 million ounces. A maiden resource estimate is expected in the second half of 2025.
- The 2,413.7-hectare Picacho project in the Caborca Trend, which hosts multiple multi-million-ounce gold deposits. The project, only 18 km from the past-producing San Francisco mine, boasts 6 km of prospective trends and drilling highlighted by 44.2 m at 0.6 g/t gold.
Tocvan’s leadership team, supported by multi-decade exploration track records, has done little over the past year besides expand mineralization at Pilar through hit after high-grade hit, proving out the project’s prospectivity with the drill bit. This is most recently highlighted by 3 metres of 21.6 g/t gold, 209 g/t silver and 6.7 per cent lead some 300 metres east of the project’s Main zone, which represents an up to one million ounce target.
Investors, broadly speaking, have been happy to tag along for the ride, pushing Tocvan stock (CSE:TOC) up by about 130 per cent year-over-year as the company focuses on more trenching and drilling in search of high-grade silver and gold.
With an initial resource estimate as a near-term catalyst and gold and silver prices, should they hold strong, serving as a justification for financing, Tocvan seems destined to continue trending higher.
Brodie Sutherland, Tocvan Ventures’ chief executive officer (CEO), joined Stockhouse’s Lyndsay Malchuk to discuss the company’s latest drill results at the Gran Pilar project. Watch the interview here.
MiMedia Holdings
Our second micro-cap stock pick to buy right now, MiMedia, operates an AI-enabled platform that allows you to store personal media on the cloud and access it at any time on any device or operating system.
The subscription-based platform has attracted smartphone makers and telecom companies around the world thanks to its ability to increase recurring revenue and improve customer satisfaction, allowing them to compete in a crowded market overshadowed by Google and Apple.
MiMedia collects revenue from subscriptions and advertising at over 80 per cent margins, monetizing a user base of approximately 6 million, with the company’s Q1 2025 investor presentation delineating a path to reaching 100s of millions in revenue by leveraging its high-profile partners, including Schok, Orbic and América Móvil (#1 telco in Latin America).
In the hands of a leadership team brimming with applicable cloud, telco and digital product experience, MiMedia has sought and claimed a growing slice of its target market over the past three years, bestowing shareholders with high conviction that this trend will continue into the future. MiMedia stock (TSXV:MIM) has added 42.86 per cent year-over-year and 138.10 per cent since 2022.
Chris Giordano, MiMedia’s CEO, sat down with Lyndsay Malchuk to offer insights into the company’s new deal with Walmart to quadruple its user base by supplying the Mexican market. Watch the interview here.
Thanks for reading and I’ll see you next week for a new edition of Stockhouse’s Weekly Market Movers. Here’s last week’s article, in case you missed it.
Join the discussion: Find out what everybody’s saying about these micro-cap stocks to buy right now on the Tocvan Ventures Corp. and MiMedia Holdings Inc. Bullboards and check out Stockhouse’s stock forums and message boards.
This is sponsored content issued on behalf of Tocvan Ventures Corp. and MiMedia Holdings Inc., please see full disclaimer here.
(Top image: Adobe Stock)