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Really Cheap Mining Stocks
(Better Than A Five And Dime Store)
What Is A Penny Stock?
We went to Investopedia to find out.
The term itself is a misnomer because there is no generally accepted definition of a penny stock. Some consider it to be any stock that trades for pennies or those that trade for under $5, while others consider any stock trading off of the major market exchanges as a penny stock. However, confusion can occur as there are some very large companies, based on market capitalization, that trade below $5 per share, while there are many very small companies that trade for $5 or more.
The typical penny stock is a very small company with highly illiquid and speculative shares. The company will also generally be subject to limited listing requirements along with fewer filing and regulatory standards.
At pennyminingstocks.com our definition of a penny stock is anything under $1.00. And those are the mining stocks we seek. There are litterly tons of really cheap priced penny miners out there. 2-3 cents. Fill your boots. But, if the stock doesn't trade, is just one step above being a shell company we are not really interested. We look for little companies that have mining and mineral property, have some cash, have a plan, are active in the field, maybe beat up because of a few unfavourable drill results or assays or just plain over looked.
Before making any investment decisions, please read our disclaimer.
Pennyminingstocks.com Top 10 Undervalued
Under 25 Cents Penny Mining Stocks.
updated june 2/08
Do You Know
Do you know of any under valued penny mining stocks? If so why not send an email and let us know. We are always looking for good traders under 50 cents. Preferably stocks that are Canadian listed. Either the TSX or the Venture Exchange. Although for our American traders, any US traded stocks will be appreciated also. We do have Australian penny mining stocks listed on our juniorminers website, so if you know of any ASX stocks that would make a good fit here, let us know.
NOTE: Pennyminingstocks.com does not endorse or guarantee the accuracy or reliability of information, quotes, statements or opinions expressed by any individuals or organizations posted on this site. See our DISCLAIMER
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