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S&P/TSX SmallCap
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Top S&P/TSX SmallCap Companies by Market Cap and Stocks in 2025

This is the list of the largest public listed companies in the S&P/TSX SmallCap index ranked by market capitalization, together with links to their reference stock, sector and industry.

S&P/TSX SmallCap Chart & Analysis

Top S&P/TSX SmallCap Companies Ranking by Market Cap as of Jan. 1, 2025

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Ranking Company Stock Market Cap (USD) Country Sector Industry
211 Aimia Inc. AIM wb_incandescent $184.1 M Canada Canadian Industrials Canadian Specialty Business Services
212 Sylogist Ltd SYZ wb_incandescent $167.3 M Canada Canadian Technology Canadian Software—Application
213 GoldMining Inc. GOLD wb_incandescent $164.0 M Canada Canadian Basic Materials Canadian Gold
214 Organigram Holdings Inc. OGI wb_incandescent $163.8 M Canada Canadian Healthcare Canadian Drug Manufacturers—Specialty & Generic
215 Global Atomic Corporation GLO wb_incandescent $159.3 M Canada Canadian Basic Materials Canadian Other Industrial Metals & Mining
216 European Residential Real Estate Investment Trust ERE.UN wb_incandescent $150.2 M Canada Canadian Real Estate Canadian REIT—Residential
217 Quarterhill Inc. QTRH wb_incandescent $139.2 M Canada Canadian Technology Canadian Communication Equipment
218 Largo Resources Ltd. LGO wb_incandescent $127.0 M Canada Canadian Basic Materials Canadian Other Industrial Metals & Mining
219 Andrew Peller Limited ADW.A wb_incandescent $124.3 M Canada Canadian Consumer Staples Canadian Beverages—Wineries & Distilleries
220 Alithya Group Inc. ALYA wb_incandescent $110.4 M Canada Canadian Technology Canadian Information Technology Services
221 True North Commercial Real Estate Investment Trust TNT.UN wb_incandescent $109.3 M Canada Canadian Real Estate Canadian REIT—Office
222 InPlay Oil Corp. IPO wb_incandescent $106.5 M Canada Canadian Energy Canadian Oil & Gas E&P
223 Bragg Gaming Group Inc. BRAG wb_incandescent $105.9 M Canada Canadian Communication Services Canadian Electronic Gaming & Multimedia
224 Journey Energy Inc. JOY wb_incandescent $99.4 M Canada Canadian Energy Canadian Oil & Gas E&P
225 Bridgemarq Real Estate Services Inc. BRE wb_incandescent $97.3 M Canada Canadian Real Estate Canadian Real Estate Services
226 Canacol Energy Ltd. CNE wb_incandescent $96.3 M Canada Canadian Energy Canadian Oil & Gas E&P
227 Dorel Industries Inc. DII.B wb_incandescent $92.0 M Canada Canadian Consumer Discretionary Canadian Furnishings, Fixtures & Appliances
228 Bonterra Energy Corp. BNE wb_incandescent $88.8 M Canada Canadian Energy Canadian Oil & Gas E&P
229 HLS Therapeutics Inc. HLS wb_incandescent $78.5 M Canada Canadian Healthcare Canadian Drug Manufacturers—Specialty & Generic
230 Westport Fuel Systems Inc. WPRT wb_incandescent $74.2 M Canada Canadian Consumer Discretionary Canadian Auto Parts
231 Yangarra Resources Ltd. YGR wb_incandescent $68.6 M Canada Canadian Energy Canadian Oil & Gas E&P
232 Payfare, Inc. PAY wb_incandescent $68.5 M Canada Canadian Technology Canadian Information Technology Services
233 Oncolytics Biotech Inc. ONC wb_incandescent $65.9 M Canada Canadian Healthcare Canadian Biotechnology
234 Nano One Materials Corp NANO wb_incandescent $61.2 M Canada Canadian Basic Materials Canadian Specialty Chemicals
235 The Lion Electric Company LEV wb_incandescent $54.3 M Canada Canadian Industrials Canadian Farm & Heavy Construction Machinery
236 Transat A.T. Inc. TRZ wb_incandescent $52.6 M Canada Canadian Consumer Discretionary Canadian Travel Services
237 Exro Technologies, Inc. EXRO wb_incandescent $46.6 M Canada Canadian Industrials Canadian Electrical Equipment & Parts
238 Victoria Gold Corp. VGCX wb_incandescent $39.0 M

(July 1, 2024)

Canada Canadian Basic Materials Canadian Gold
239 ADENTRA Inc. ADEN wb_incandescent Canada Canadian Industrials Canadian Industrial Distribution
240 Quipt Home Medical Corp QIPT wb_incandescent United States US Healthcare US Medical Devices

Top S&P/TSX SmallCap Companies Ranking by Market Cap as of Jan. 1, 2025

211. Aimia Inc.

Company Profile: Aimia Inc.
Market Cap (USD): $184.1 M
Stock: AIM wb_incandescent
Country: Canada
Sector: Canadian Industrials
Industry: Canadian Specialty Business Services

212. Sylogist Ltd

Company Profile: Sylogist Ltd
Market Cap (USD): $167.3 M
Stock: SYZ wb_incandescent
Country: Canada
Sector: Canadian Technology
Industry: Canadian Software—Application

213. GoldMining Inc.

Company Profile: GoldMining Inc.
Market Cap (USD): $164.0 M
Stock: GOLD wb_incandescent
Country: Canada
Sector: Canadian Basic Materials
Industry: Canadian Gold

214. Organigram Holdings Inc.

Company Profile: Organigram Holdings Inc.
Market Cap (USD): $163.8 M
Stock: OGI wb_incandescent
Country: Canada
Sector: Canadian Healthcare
Industry: Canadian Drug Manufacturers—Specialty & Generic

215. Global Atomic Corporation

Company Profile: Global Atomic Corporation
Market Cap (USD): $159.3 M
Stock: GLO wb_incandescent
Country: Canada
Sector: Canadian Basic Materials
Industry: Canadian Other Industrial Metals & Mining

216. European Residential Real Estate Investment Trust

Company Profile: European Residential Real Estate Investment Trust
Market Cap (USD): $150.2 M
Stock: ERE.UN wb_incandescent
Country: Canada
Sector: Canadian Real Estate
Industry: Canadian REIT—Residential

217. Quarterhill Inc.

Company Profile: Quarterhill Inc.
Market Cap (USD): $139.2 M
Stock: QTRH wb_incandescent
Country: Canada
Sector: Canadian Technology
Industry: Canadian Communication Equipment

218. Largo Resources Ltd.

Company Profile: Largo Resources Ltd.
Market Cap (USD): $127.0 M
Stock: LGO wb_incandescent
Country: Canada
Sector: Canadian Basic Materials
Industry: Canadian Other Industrial Metals & Mining

220. Alithya Group Inc.

Company Profile: Alithya Group Inc.
Market Cap (USD): $110.4 M
Stock: ALYA wb_incandescent
Country: Canada
Sector: Canadian Technology
Industry: Canadian Information Technology Services

221. True North Commercial Real Estate Investment Trust

Company Profile: True North Commercial Real Estate Investment Trust
Market Cap (USD): $109.3 M
Stock: TNT.UN wb_incandescent
Country: Canada
Sector: Canadian Real Estate
Industry: Canadian REIT—Office

222. InPlay Oil Corp.

Company Profile: InPlay Oil Corp.
Market Cap (USD): $106.5 M
Stock: IPO wb_incandescent
Country: Canada
Sector: Canadian Energy
Industry: Canadian Oil & Gas E&P

224. Journey Energy Inc.

Company Profile: Journey Energy Inc.
Market Cap (USD): $99.4 M
Stock: JOY wb_incandescent
Country: Canada
Sector: Canadian Energy
Industry: Canadian Oil & Gas E&P

225. Bridgemarq Real Estate Services Inc.

Company Profile: Bridgemarq Real Estate Services Inc.
Market Cap (USD): $97.3 M
Stock: BRE wb_incandescent
Country: Canada
Sector: Canadian Real Estate
Industry: Canadian Real Estate Services

226. Canacol Energy Ltd.

Company Profile: Canacol Energy Ltd.
Market Cap (USD): $96.3 M
Stock: CNE wb_incandescent
Country: Canada
Sector: Canadian Energy
Industry: Canadian Oil & Gas E&P

228. Bonterra Energy Corp.

Company Profile: Bonterra Energy Corp.
Market Cap (USD): $88.8 M
Stock: BNE wb_incandescent
Country: Canada
Sector: Canadian Energy
Industry: Canadian Oil & Gas E&P

229. HLS Therapeutics Inc.

Company Profile: HLS Therapeutics Inc.
Market Cap (USD): $78.5 M
Stock: HLS wb_incandescent
Country: Canada
Sector: Canadian Healthcare
Industry: Canadian Drug Manufacturers—Specialty & Generic

230. Westport Fuel Systems Inc.

Company Profile: Westport Fuel Systems Inc.
Market Cap (USD): $74.2 M
Stock: WPRT wb_incandescent
Country: Canada
Sector: Canadian Consumer Discretionary
Industry: Canadian Auto Parts

231. Yangarra Resources Ltd.

Company Profile: Yangarra Resources Ltd.
Market Cap (USD): $68.6 M
Stock: YGR wb_incandescent
Country: Canada
Sector: Canadian Energy
Industry: Canadian Oil & Gas E&P

232. Payfare, Inc.

Company Profile: Payfare, Inc.
Market Cap (USD): $68.5 M
Stock: PAY wb_incandescent
Country: Canada
Sector: Canadian Technology
Industry: Canadian Information Technology Services

233. Oncolytics Biotech Inc.

Company Profile: Oncolytics Biotech Inc.
Market Cap (USD): $65.9 M
Stock: ONC wb_incandescent
Country: Canada
Sector: Canadian Healthcare
Industry: Canadian Biotechnology

234. Nano One Materials Corp

Company Profile: Nano One Materials Corp
Market Cap (USD): $61.2 M
Stock: NANO wb_incandescent
Country: Canada
Sector: Canadian Basic Materials
Industry: Canadian Specialty Chemicals

235. The Lion Electric Company

Company Profile: The Lion Electric Company
Market Cap (USD): $54.3 M
Stock: LEV wb_incandescent
Country: Canada
Sector: Canadian Industrials
Industry: Canadian Farm & Heavy Construction Machinery

236. Transat A.T. Inc.

Company Profile: Transat A.T. Inc.
Market Cap (USD): $52.6 M
Stock: TRZ wb_incandescent
Country: Canada
Sector: Canadian Consumer Discretionary
Industry: Canadian Travel Services

237. Exro Technologies, Inc.

Company Profile: Exro Technologies, Inc.
Market Cap (USD): $46.6 M
Stock: EXRO wb_incandescent
Country: Canada
Sector: Canadian Industrials
Industry: Canadian Electrical Equipment & Parts

238. Victoria Gold Corp.

Company Profile: Victoria Gold Corp.
Market Cap (USD): $39.0 M (July 1, 2024)
Stock: VGCX wb_incandescent
Country: Canada
Sector: Canadian Basic Materials
Industry: Canadian Gold

240. Quipt Home Medical Corp

Company Profile: Quipt Home Medical Corp
Stock: QIPT wb_incandescent
Country: United States
Sector: US Healthcare
Industry: US Medical Devices