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S&P/TSX SmallCap
Components

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 July 1, 2025

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Ranking Company Stock Market Cap (USD) Country Sector Industry
211 Profound Medical Corp. PRN wb_incandescent $179.5 M Canada Canadian Healthcare Canadian Medical Devices
212 Andrew Peller Limited ADW.A wb_incandescent $175.3 M Canada Canadian Consumer Staples Canadian Beverages—Wineries & Distilleries
213 European Residential Real Estate Investment Trust ERE.UN wb_incandescent $174.7 M Canada Canadian Real Estate Canadian REIT—Residential
214 Gran Tierra Energy Inc. GTE wb_incandescent $173.5 M Canada Canadian Energy Canadian Oil & Gas E&P
215 Pine Cliff Energy Ltd. PNE wb_incandescent $168.1 M Canada Canadian Energy Canadian Oil & Gas E&P
216 Global Atomic Corporation GLO wb_incandescent $167.1 M Canada Canadian Basic Materials Canadian Other Industrial Metals & Mining
217 Alithya Group Inc. ALYA wb_incandescent $165.9 M Canada Canadian Technology Canadian Information Technology Services
218 Sylogist Ltd SYZ wb_incandescent $144.9 M Canada Canadian Technology Canadian Software—Application
219 GoldMining Inc. GOLD wb_incandescent $143.7 M Canada Canadian Basic Materials Canadian Gold
220 HLS Therapeutics Inc. HLS wb_incandescent $114.5 M Canada Canadian Healthcare Canadian Drug Manufacturers—Specialty & Generic
221 Quarterhill Inc. QTRH wb_incandescent $113.9 M Canada Canadian Technology Canadian Communication Equipment
222 Bragg Gaming Group Inc. BRAG wb_incandescent $108.6 M Canada Canadian Communication Services Canadian Electronic Gaming & Multimedia
223 Bridgemarq Real Estate Services Inc. BRE wb_incandescent $105.0 M Canada Canadian Real Estate Canadian Real Estate Services
224 True North Commercial Real Estate Investment Trust TNT.UN wb_incandescent $100.0 M Canada Canadian Real Estate Canadian REIT—Office
225 Journey Energy Inc. JOY wb_incandescent $99.4 M Canada Canadian Energy Canadian Oil & Gas E&P
226 Bonterra Energy Corp. BNE wb_incandescent $97.1 M Canada Canadian Energy Canadian Oil & Gas E&P
227 Largo Resources Ltd. LGO wb_incandescent $89.3 M Canada Canadian Basic Materials Canadian Other Industrial Metals & Mining
228 Transat A.T. Inc. TRZ wb_incandescent $83.2 M Canada Canadian Consumer Discretionary Canadian Travel Services
229 Yangarra Resources Ltd. YGR wb_incandescent $76.0 M Canada Canadian Energy Canadian Oil & Gas E&P
230 Oncolytics Biotech Inc. ONC wb_incandescent $74.9 M Canada Canadian Healthcare Canadian Biotechnology
231 Payfare, Inc. PAY wb_incandescent $68.5 M

(Jan. 1, 2025)

 Canada Canadian Technology Canadian Information Technology Services
232 Canacol Energy Ltd. CNE wb_incandescent $64.0 M Canada Canadian Energy Canadian Oil & Gas E&P
233 Nano One Materials Corp NANO wb_incandescent $59.7 M Canada Canadian Basic Materials Canadian Specialty Chemicals
234 Westport Fuel Systems Inc. WPRT wb_incandescent $56.6 M Canada Canadian Consumer Discretionary Canadian Auto Parts
235 The Lion Electric Company LEV wb_incandescent $54.3 M

(Jan. 1, 2025)

 Canada Canadian Industrials Canadian Farm & Heavy Construction Machinery
236 Dorel Industries Inc. DII.B wb_incandescent $41.5 M Canada Canadian Consumer Discretionary Canadian Furnishings, Fixtures & Appliances
237 Victoria Gold Corp. VGCX wb_incandescent $39.0 M

(July 1, 2024)

 Canada Canadian Basic Materials Canadian Gold
238 Exro Technologies, Inc. EXRO wb_incandescent $26.7 M Canada Canadian Industrials Canadian Electrical Equipment & Parts
239 Coveo Solutions Inc. CVO wb_incandescent Canada Canadian Technology Canadian Software—Infrastructure
240 Mattr MATR wb_incandescent Canada Canadian Energy Canadian Oil & Gas Equipment & Services

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

211. Profound Medical Corp.

Company Profile: Profound Medical Corp.
Market Cap (USD): $179.5 M
Stock: PRN wb_incandescent
Country: Canada
Sector: Canadian Healthcare
Industry: Canadian Medical Devices

212. Andrew Peller Limited

Company Profile: Andrew Peller Limited
Market Cap (USD): $175.3 M
Stock: ADW.A wb_incandescent
Country: Canada
Sector: Canadian Consumer Staples
Industry: Canadian Beverages—Wineries & Distilleries

213. European Residential Real Estate Investment Trust

Company Profile: European Residential Real Estate Investment Trust
Market Cap (USD): $174.7 M
Stock: ERE.UN wb_incandescent
Country: Canada
Sector: Canadian Real Estate
Industry: Canadian REIT—Residential

214. Gran Tierra Energy Inc.

Company Profile: Gran Tierra Energy Inc.
Market Cap (USD): $173.5 M
Stock: GTE wb_incandescent
Country: Canada
Sector: Canadian Energy
Industry: Canadian Oil & Gas E&P

215. Pine Cliff Energy Ltd.

Company Profile: Pine Cliff Energy Ltd.
Market Cap (USD): $168.1 M
Stock: PNE wb_incandescent
Country: Canada
Sector: Canadian Energy
Industry: Canadian Oil & Gas E&P

216. Global Atomic Corporation

Company Profile: Global Atomic Corporation
Market Cap (USD): $167.1 M
Stock: GLO wb_incandescent
Country: Canada
Sector: Canadian Basic Materials
Industry: Canadian Other Industrial Metals & Mining

217. Alithya Group Inc.

Company Profile: Alithya Group Inc.
Market Cap (USD): $165.9 M
Stock: ALYA wb_incandescent
Country: Canada
Sector: Canadian Technology
Industry: Canadian Information Technology Services

218. Sylogist Ltd

Company Profile: Sylogist Ltd
Market Cap (USD): $144.9 M
Stock: SYZ wb_incandescent
Country: Canada
Sector: Canadian Technology
Industry: Canadian Software—Application

219. GoldMining Inc.

Company Profile: GoldMining Inc.
Market Cap (USD): $143.7 M
Stock: GOLD wb_incandescent
Country: Canada
Sector: Canadian Basic Materials
Industry: Canadian Gold

220. HLS Therapeutics Inc.

Company Profile: HLS Therapeutics Inc.
Market Cap (USD): $114.5 M
Stock: HLS wb_incandescent
Country: Canada
Sector: Canadian Healthcare
Industry: Canadian Drug Manufacturers—Specialty & Generic

221. Quarterhill Inc.

Company Profile: Quarterhill Inc.
Market Cap (USD): $113.9 M
Stock: QTRH wb_incandescent
Country: Canada
Sector: Canadian Technology
Industry: Canadian Communication Equipment

222. Bragg Gaming Group Inc.

Company Profile: Bragg Gaming Group Inc.
Market Cap (USD): $108.6 M
Stock: BRAG wb_incandescent
Country: Canada
Sector: Canadian Communication Services
Industry: Canadian Electronic Gaming & Multimedia

223. Bridgemarq Real Estate Services Inc.

Company Profile: Bridgemarq Real Estate Services Inc.
Market Cap (USD): $105.0 M
Stock: BRE wb_incandescent
Country: Canada
Sector: Canadian Real Estate
Industry: Canadian Real Estate Services

224. True North Commercial Real Estate Investment Trust

Company Profile: True North Commercial Real Estate Investment Trust
Market Cap (USD): $100.0 M
Stock: TNT.UN wb_incandescent
Country: Canada
Sector: Canadian Real Estate
Industry: Canadian REIT—Office

225. 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

226. Bonterra Energy Corp.

Company Profile: Bonterra Energy Corp.
Market Cap (USD): $97.1 M
Stock: BNE wb_incandescent
Country: Canada
Sector: Canadian Energy
Industry: Canadian Oil & Gas E&P

227. Largo Resources Ltd.

Company Profile: Largo Resources Ltd.
Market Cap (USD): $89.3 M
Stock: LGO wb_incandescent
Country: Canada
Sector: Canadian Basic Materials
Industry: Canadian Other Industrial Metals & Mining

228. Transat A.T. Inc.

Company Profile: Transat A.T. Inc.
Market Cap (USD): $83.2 M
Stock: TRZ wb_incandescent
Country: Canada
Sector: Canadian Consumer Discretionary
Industry: Canadian Travel Services

229. Yangarra Resources Ltd.

Company Profile: Yangarra Resources Ltd.
Market Cap (USD): $76.0 M
Stock: YGR wb_incandescent
Country: Canada
Sector: Canadian Energy
Industry: Canadian Oil & Gas E&P

230. Oncolytics Biotech Inc.

Company Profile: Oncolytics Biotech Inc.
Market Cap (USD): $74.9 M
Stock: ONC wb_incandescent
Country: Canada
Sector: Canadian Healthcare
Industry: Canadian Biotechnology

231. Payfare, Inc.

Company Profile: Payfare, Inc.
Market Cap (USD): $68.5 M (Jan. 1, 2025)
Stock: PAY wb_incandescent
Country: Canada
Sector: Canadian Technology
Industry: Canadian Information Technology Services

232. Canacol Energy Ltd.

Company Profile: Canacol Energy Ltd.
Market Cap (USD): $64.0 M
Stock: CNE wb_incandescent
Country: Canada
Sector: Canadian Energy
Industry: Canadian Oil & Gas E&P

233. Nano One Materials Corp

Company Profile: Nano One Materials Corp
Market Cap (USD): $59.7 M
Stock: NANO wb_incandescent
Country: Canada
Sector: Canadian Basic Materials
Industry: Canadian Specialty Chemicals

234. Westport Fuel Systems Inc.

Company Profile: Westport Fuel Systems Inc.
Market Cap (USD): $56.6 M
Stock: WPRT wb_incandescent
Country: Canada
Sector: Canadian Consumer Discretionary
Industry: Canadian Auto Parts

235. The Lion Electric Company

Company Profile: The Lion Electric Company
Market Cap (USD): $54.3 M (Jan. 1, 2025)
Stock: LEV wb_incandescent
Country: Canada
Sector: Canadian Industrials
Industry: Canadian Farm & Heavy Construction Machinery

236. Dorel Industries Inc.

Company Profile: Dorel Industries Inc.
Market Cap (USD): $41.5 M
Stock: DII.B wb_incandescent
Country: Canada
Sector: Canadian Consumer Discretionary
Industry: Canadian Furnishings, Fixtures & Appliances

237. 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

238. Exro Technologies, Inc.

Company Profile: Exro Technologies, Inc.
Market Cap (USD): $26.7 M
Stock: EXRO wb_incandescent
Country: Canada
Sector: Canadian Industrials
Industry: Canadian Electrical Equipment & Parts

239. Coveo Solutions Inc.

Company Profile: Coveo Solutions Inc.
Stock: CVO wb_incandescent
Country: Canada
Sector: Canadian Technology
Industry: Canadian Software—Infrastructure

240. Mattr

Company Profile: Mattr
Stock: MATR wb_incandescent
Country: Canada
Sector: Canadian Energy
Industry: Canadian Oil & Gas Equipment & Services

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