Penny stocks have almost always enjoyed a degree of popularity among a vast number of investors and for good reason. These stocks are generally available for less than $5 a share and hence, it allows an investor to acquire a large block of shares at any given point in time. If the stocks move upward then it is possible for investors to make handsome profits for low outlays. However, it is also necessary to do one’s research thoroughly before getting into these stocks. Here is a look at 4 penny stocks that could well be added to most watch lists.
Rogue Baron (OTCMKTS:SHNJF) – The first one on the list is a premium spirits company in the form of Rogue Baron Plc. It is a company that has managed to attract the attention of investors in recent weeks and on Wednesday, it was in fact in the news following a key announcement.
The company announced yesterday that it’s Annual General Meeting was going to be held on July 29, 2022, in London, United Kingdom. The meeting would commence at 9 in the morning British Standard Time. The copies of the notice pertaining to the meeting in addition to the copies for the proxies have already been sent to the shareholders. It is going to be interesting to see if the stock gets traction in these weeks leading up to the annual general meeting.
Neutra Corp (OTCMKTS:NTRR) – Wednesday turned out to be a forgettable day in the markets for investors in Neutra Corp as the company’s stock went into a downward spiral and ended the day with a decline of as much as 13%.
There was no news about the company yesterday and in fact, the last time Neutra Corp was in the news was back on June 22, 2022. At the time, the company had made a bullish announcement with regards to the fact that its best period was ahead and it expected that the final six months of 2022 were going to be quite strong in terms of performance.
Quad M Solutions (OTCMKTS:MMMM) – There was no news yesterday about Quad M Solutions but the stock experienced considerable action nonetheless and ended the day with gains of as much as 16%.
The company functions as an insurance and employee benefit entity. It helps in providing health plans as well as comprehensive health benefits to employees of medium and small-sized firms. In addition to that, the company is also involved in providing staffing solutions.
Northwest Biotherapeutics (OTCMKTS:NWBO) – Following a key announcement from the company on Wednesday, the Northwest Biotherapeutics stock was in focus among investors and ended up with gains of as much as 5.5% as a consequence.
The company announced yesterday that it had sent in an application for a commercial manufacturing license for its manufacturing unit at Sawston in the United Kingdom. The application was sent to the Medicines and Healthcare Products Regulatory Agency. It should be noted that the facility has already received as many as 3 licenses.
Brazil Minerals Inc. (OTCMKTS:BMIX) – While it is true that the Brazil Minerals Inc stock suffered yesterday and went down by as much as 10%, it should also be noted that despite the drop, the stock is still up by 53% over the course of the past week.
The company, which is involved in the development of its lithium project at this point, has not been in the news in the past week. In fact, it was back on May 10 that the company announced that it had been granted the presumptive exploratory permits in relation to six more nickel mines spanning an area of as much as 29075 acres.
Unrivaled Brands Inc (OTCMKTS:UNRV) – Lastly it is the Unrivaled Brands Inc stock that may be added to your watch lists. There was no news about the company yesterday but the stock suffered from a selloff nonetheless and went down by as much as 8%.
The last time the company was in the news was back on May 16 when it announced its financial results for the fiscal quarter that had ended on March 31, 2022.
