Posts

Showing posts with the label Penny stock

Seven ASX-listed shares priced under 80 cents

Image
  Summary Stocks priced under 80 cents fall under the penny stocks category. These highly volatile stocks can offer significant upside potential. Although an attractive option for risk-takers, risk-averse investors generally stay away from penny stocks, given the high volatility attached. Some of the high-performing stocks priced under 80 cents include In the current period of uncertain economic scenario, share prices are fluctuating at a higher rate. The fluctuations are apparent given the high volatility, primarily due to the COVID-19  pandemic . However, there are some low-priced stocks, called  penny stocks , that are affordable and offer a ray of hope given their potential to offer impressive returns. These stocks do carry significant risk and thus are not appealing for all market participants. Copyright © 2021 Kalkine Media This article would walk you through 7 ASX-listed shares priced below 80 cents. GOOD TO KNOW:  How do I start trading penny stocks in Austra...

Five ASX penny stocks not to be missed in July

Image
  Summary Penny stocks are low valued stocks that generally trade for less than a dollar. The stocks tend to surprise with significant upside during bullish sentiment in the stock market. Pilbara Minerals, Aquis Entertainment and City Chic Collective are few penny stocks to look out for in July. Are You Looking for Compelling Stock Ideas from Diverse Sectors? Get Access to Kalkine's Investor/Resource Reports on a 7 days’ Free Trial. Penny stocks are low valued stocks that generally trade for less than a dollar. These belong to firms with low-market capitalisation. Since these stocks give a perception of making rich quickly, these are popular among small investors. As a result, the stocks tend to surprise with significant upside during bullish sentiment in the stock market. Here are five penny ASX-listed stocks for July: Globe Metals & Mining Ltd ( ASX:GBE ) Globe Metals & Mining is a Perth-based company engaged in the development of speciality metals and minerals. It is an ...