Skip to content 
4 CANADIAN ESPORTS STOCKS WITH SPECTACULAR GROWTH POTENTIAL
By SmallCapPower
eSports companies are major players in the burgeoning US$140B gaming industry, with revenue expected to reach US$1.8B by 2022. Defined as competitive multiplayer video gaming in which spectators watch professional gamers play, the industry’s increase in popularity is being recognized and embraced on a global scale. In this emerging vertical, the four Canadian eSports stocks we’ve chosen exhibit tremendous growth potential.
*Share prices as at close March 11, 2019, data obtained from S&P Capital IQ.
AXION VENTURES INC.
Axion Ventures Inc. (TSXV:AXV) – $1.04eSports and Gaming
Axion Ventures is an investment company with a majority ownership in Axion Games, an online video game development and publishing company headquartered in Shanghai, China. The Company also has majority ownership in True Axion Interactive Ltd., its video game development company in Bangkok Thailand. Axion Ventures AXV also has several other portfolio companies in related innovative technologies. On February 22, the Company announced that it intends to complete a brokered private placement of 5,750,000 common shares at the price of $1.00 per share.
- Market Cap: $248.9M
- 7-Day Total Return: 5.9%
- 30-Day Total Return: – 7.1%
ENTHUSIAST GAMING HOLDINGS INC.
Enthusiast Gaming Holdings Inc. (TSXV:EGLX) – $1.27
eSports
Enthusiast Gaming Holdings engages in the development and operation of global online videogaming communities. With over 75 million monthly active users and 80 gaming content websites, the Company owns EGLX, the largest gaming exposition in Canada, with 30,000 yearly visitors. On March 7, the Company announced that it is launching its own eSports tournament and entertainment series, named “EGLX Rising Stars.” The tournament is expected to begin this summer and end with grand finals at EGLX 2019 at the Metro Toronto Convention Centre, which will also be broadcasted live.
- Market Cap: $49.3M
- 7-Day Total Return: -1.6%
- 30-Day Total Return: +11.4%
VERSUS SYSTEMS, INC.
Versus Systems, Inc. (CSE:VS) – $0.20
eSports
Versus Systems is the developer of Winfinite, a proprietary in-game prizing and promotion engine, allowing game publishers and developers to offer prizing across a range of platforms, including mobile, console, PC, and online. The engine enables brands to pay to place products in-game, allowing gamers to compete for the prizes. On February 14, the Company announced that it has closed its previously announced brokered private placement with 9,987,655 units sold at the price of $0.18 per unit.
- Market Cap: $8.4M
- 7-Day Total Return: -13.0%
- 30-Day Total Return: -9.1%
FANDOM SPORTS MEDIA CORP.
FANDOM SPORTS Media Corp. (CSE:FDM) – $0.06
eSports
Fandom Sports Media is a sports entertainment and gaming company focused on finding and creating the best interactive sports content. The Company allows sports fans to unleash their primal sports passions by engaging with other fans, cheering for their favourite teams and jeering their opponents. On December 6, 2018, FANDOM SPORTS became a member of the Consumer Technology Association (CTA), an association that acts as an advocate for entrepreneurs looking to shape the future of the consumer technology industry. On January 10, 2019, the Company launched its platform at the Consumer Electronics Show (CES 2019), inviting a select few industry professionals in sports, eSports, technology, and media.
- Market Cap: $618.6K
- 7-Day Total Return: 0.0%
- 30-Day Total Return: -7.7%
You can also check out Fierce PC, the PC experts that design & build custom gaming, VR, workstation & office PCs.
– – – – –
This article was originally published at SmallCapPower.
