Some of the cheapest stocks in the market can often prove to be sound investments if investors do their research diligently, choose the right stocks, have a certain appetite for risk, and have the ability to hold a long-term view. There are some stocks in the market that trade at less than 25 cents a share and even though many of the stocks are possibly avoidable, there are some gems that could be found in that pool as well. This article tries to give you a look into 4 stocks from that pool that could be looked into this morning.
Houston Natural Resources Corp (OTCMKTS:HNRC) – The secret to finding stocks that may create wealth is to look for stocks that may be undervalued by the market and hence, acquire such stocks at a discount. One of the stocks which could be undervalued at this point in time is Houston Natural Resources Corp.
There has been no news about the company for quite some time but back on June 2, it had made a major new announcement. At the time, Houston Natural Resources Corp announced that it was going to acquire more wastewater treatment facilities for $10 million in order to further expand its wastewater treatment network. It remains to be seen how the stock performs in the coming days.
Sekur Private Data Ltd (OTCQX: SWISF) (CSE: SKUR) (FRA: GDT0) – The cybersecurity space is almost certainly going to grow at a fairly fast clip in the coming years as the world gets more connected. Hence, it may be a good move for investors to start taking an interest in the relatively small but emerging cybersecurity firm Sekur Private Data Ltd.
This is another undervalued stock and investors could do well to keep an eye on the latest developments. For instance, on Wednesday, Sekur was in focus after its Chief Executive Officer Alain Ghiai appeared in a live interview on Newsmax TV.
BlockQuarry (OTCMKTS:BLQC) – The next to this list is the cryptocurrency mine hosting and self-mining solutions company BlockQuarry. There has not been any news about the company this week but it remains an interesting proposition for investors looking for cheaper options in the crypto space. The last time the company was in the news was last week on June 21, when its President and Founder, Alonzo Pierce went on to The Stock Day Podcast for an interview. At the interview, Pierce noted that the first phase of the company’s crypto mining operations was doing ‘great’ and also noted that it was a ‘great opportunity for BlockQuarry.
Clifton Mining Co (OTCMKTS:CFTN) – Clifton Mining Company, a natural resource company, acquires, explores for, and develops mineral properties. The company focuses on silver, gold, and lead production on its joint venture property located on the Utah-Nevada border.
As of December 31, 2021, its mining claims included 82 patented claims; 402 unpatented lode claims comprising 32 placer claims; and 6 state mineral leases covering approximately 14,027 acres located in the Gold Hill/Clifton mining district, Tooele County, Northwest Utah area. The company was incorporated in 1993 and is based in American Fork, Utah.
Rogue Station Companies Inc (OTCMKTS:RGST) – Lastly, it is the Rogue Station Companies Inc stock that deserves a mention. The company has seen its stock go on a strong move over the course of the past month and during the period it has clocked gains of as much as 81%. Back on June 9, Rogue Station Companies had announced that it had hired the services of SRAX in order to boost communication with its shareholders, supporters and potential investors.
