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.
Read Our Latest Research Report on BITF
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
Before you consider Bitfarms, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Bitfarms wasn't on the list.
While Bitfarms currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
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