In this article we discuss the 5 best penny stocks to buy now. If you want to read our detailed analysis of these cheap stocks, go directly to 10 Best Penny Stocks to Buy Now.
5. Nouveau Monde Graphite Inc. (OTCMKTS: NMGRF)
Nouveau Monde ranks 5th on the list of 10 best penny stocks to buy now. The Canada-based company explores graphite. It owns the Matawinie property that includes 319 mining claims covering 17,585 hectares situated to the north of Montreal, Quebec. The company believes the project has the potential to become the largest graphite operation in the region. Estimates show that the project can deliver an EBITDA of over $270 million per year.
The stock is up 1,075.19% over the last 12 months.
4. 88 Energy Limited (OTCMKTS: EEENF)
88 Energy is one of the 10 best penny stocks to buy now. The company explores oil and gas in the U.S., with a 64% working interest in the Icewine project, and a 100% interest in Yukon Gold leases covering an area of approximately 15,235 acres located on the eastern border of the Central North Slope of Alaska. Market chatter suggests that 88 Energy could be a takeover target in the coming days. Investors are also anxiously awaiting results for the Alaska well where the company recently started drilling. Reports also suggest that the company’s former managing director Dave Wall upped his ownership of the company from 39 million shares to 120 million shares.
The stock is up 2,240.00% over the last 12 months.
3. American Battery Metals Corporation (OTCMKTS: ABML)
American Battery Metals ranks 3rd in our list of 10 best penny stocks to buy now. The company explores, mines and recycles battery metals. The company owns 647 placer mining claims on approximately 12,940 acres in the Western Nevada Basin. Unlike many, American Battery Metals uses a water-based hydrometallurgical process. It also deploys a “closed loop” process to recycle reagents and water used in the recycling process. This increase margins and reduces waste.
The stock is up 3,850.26% over the last 12 months.
2. Alpine 4 Holdings Inc. (OTCMKTS: ALPP)
Alpine 4 deals in fabrication technology and clean energy solutions. The holding entity has eight companies under it, operating in futuristic segments like aerospace, advanced materials and green energy. Alpine 4 also has contracts with Fortune 500 companies. The company recently paid down $12.5 million of debt. Some important companies operating under the Alpine 4 umbrella include business OS and software company SpectrumEbos; Impossible Aerospace, a drone company; Vayu Inc, an autonomous delivery company; and electronic contract manufacturing company Quality Circuit Assembly Inc.
The stock is up 7,925.00% over the last 12 months.
1. Ascent Solar Technologies, Inc. (OTCMKTS: ASTI)
Ascent Solar is one of the hottest penny stocks to buy now with a strong room to run. The photovoltaic cell company was selected by NASA’s Marshall Space Flight Center in Huntsville, Alabama, for participation in two upcoming flight demonstrations.
Earlier in March, the company said it entered into a stock purchase agreement with a private investor for purchase of up to 75 million shares at the fixed price of $0.04 per share.
The stock is up 35,200.00% over the last 12 months.
You can also take a peek at Billionaire Jim Simons’ Top 10 Stock Picks and Billionaire Steve Cohen’s Top 10 Stock Picks.
