Telesat Corp. Hits Day High with 7.75% Surge in Strong Intraday Performance

Telesat Corp., a small-cap player in the Telecom Equipment & Accessories industry, has experienced a significant uptick in its stock performance today, gaining 7.75% as of October 3, 2025. The stock reached an intraday high of CAD 41.73, showcasing notable activity in the market.
Over the past week, Telesat Corp. has surged by 18.99%, and its one-month performance stands at an impressive 44.44%. Year-to-date, the stock has shown a remarkable increase of 76.6%, significantly outperforming the S&P/TSX 60, which has risen by 21.36% during the same period. In the last year, Telesat Corp. has delivered a staggering 124.84% return, while the S&P/TSX 60 has only managed 25.43%.

Despite these gains, Telesat Corp. faces challenges, including a high debt-to-equity ratio of 3.90 and negative results reported for the last three consecutive quarters. The company's operating cash flow and return on capital employed have also shown concerning trends. As Telesat Corp. continues to navigate its market position, its recent performance highlights the volatility and complexities inherent in the telecom sector.