Bitfarms, HIVE Digital Technologies, and New Era Helium are the three Penny stocks to watch today, according to MarketBeat’s stock screener tool. Penny stocks are shares of small companies that typically trade for less than $5 per share and are often listed on over-the-counter (OTC) markets rather than major exchanges. Because they have low trading volumes and limited public information, penny stocks tend to be highly volatile and carry a greater risk of price manipulation or fraud. These companies had the highest dollar trading volume of any Penny stocks within the last several days.
Bitfarms (BITF)
Bitfarms Ltd. engages in the mining of cryptocurrency coins and tokens in Canada, the United States, Paraguay, and Argentina. It owns and operates server farms that primarily validates transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees. The company also provides electrician services to commercial and residential customers in Quebec, Canada.
HIVE Digital Technologies (HIVE)
HIVE Digital Technologies Ltd. operates as a cryptocurrency mining company in Canada, Sweden, and Iceland. The company engages in the mining and sale of digital currencies, including Ethereum Classic, Bitcoin, and other coins. It also operates data centers; and offers infrastructure solutions. The company was formerly known as HIVE Blockchain Technologies Ltd.
Read Our Latest Research Report on HIVE
New Era Helium (NEHC)
New Era Helium, Inc. is an exploration and production company that sources helium produced in association with the production of natural gas reserves in North America. The company was founded in 2023 and is headquartered in Midland, TX.
Read Our Latest Research Report on NEHC
Further Reading
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- Broadcom Price Targets Just Reached Above $400 for the First Time