This Easter, A Look At 10 Penny Stocks That Had A 1-Year Return of Over 100%

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Summary

  • Penny stocks are stocks of small companies, which trade below GBX 100 or £1.
  • Penny stocks have a much higher amount of volatility and increased reward potential.
  • Since they have lower prices, these stocks offer significant upside.

Penny stocks, which trade below £1 or GBX 100, generally refer to stocks of small companies. Penny stocks typically have a much higher amount of volatility and increased reward potential. These stocks allow small businesses to access public funding. In some cases, these stocks serve as a platform for bigger listings at a later stage. Since they have lower prices, these stocks offer significant upside.

                                  

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Here are 10 penny stocks that have over 100% 1-year return:

Also read: Top 10 FTSE Penny Stocks Which Made A Spin in Just 6 Months

  1. Tiger Royalties and Investments PLC (LON: TIR)

The company belonging to the collective investments’ category has a 1-year return of 400 per cent. The shares of the company last traded at GBX 0.50 on 31 March. The market capitalisation of the company stood at £2.24 million.

Also read: Decoding the dividend dilemma: reinvesting vs pocketing the cash

The company’s loss on investments for the first half till June 2020 narrowed to £92,389 from £114,130 in the same period a year ago. In March, the company announced that it made a £100,000-investment in Caerus Mineral Resources Plc.

  1. Oriole Resources PLC (LON: ORR)

The shares of the metals and mining company, that has 1-year return 349.25 per cent, last traded at GBX 0.93 on 31 March. It had a market capitalisation of £14.45 million.

The FTSE AIM All-Share company’s loss for 2020 fell to £320,000 from £1.6 million a year ago. Its operating loss fell to £336,000 from a loss of £1.4 million a year ago.

  1. Riverfort Global Opportunities PLC (LON: RGO)

The FTSE AIM All-Share company with a 1-year return of 320 per cent last traded at GBX 2.10 on 31 March. It has a market capitalisation of £14.26 million.

The company from the investment banking and investment services sector generated a total income of £669,425 in the quarter ended 30 September 2020 and a total of £1.4 million in the first nine months. Its net asset value increased 11.9 per cent in the first nine months.

  1. Active Energy Group PLC (LON: AEG)

The electric utilities company has a 1-year return 137.50 per cent. The FTSE AIM All-Share company last traded at GBX 0.95 on 31 March and had a market capitalisation of £37.07 million.

Also read: 3 Defensive Stocks to Consider for Your All-Weather Portfolio

The company’s revenue for the first half of 2020 increased to $499,893 from $99,830 a year ago. The overall loss for the first six months fell to $593,914 from $1.8 million a year ago.

  1. React Group PLC (LON: REAT)

The FTSE AIM All-Share professional and commercial services company has a 1-year return of 143.75 per cent. The shares of the company last traded at GBX 1.95 on 31 March at 13:28 GMT+1 and had a market capitalisation of £9.72 million.

For FY2020, the company’s revenue increased 41 per cent to £4.36 million from £3.10 million a year ago. The company’s EBITDA increased 299 per cent to £261,000 from £131,000 a year ago.

  1. Europa Oil & Gas (Holdings) PLC (LON: EOG)

The oil and gas company’s share has given a 1-year return of 153.85 per cent. The FTSE AIM All-Share company last traded at GBX 1.65 on 31 March. The company had a market capitalisation of £9.35 million.

The company announced in February that oil flow commencement at Wressle Oil Field had been achieved.

  1. Cloudcoco Group PLC (LON: CLCO)

The software IT services company has a one-year return of 115.38 per cent, and the FTSE AIM All-Share company last traded at GBX 1.40 on 31 March and had a market capitalisation of £6.93 million.

The company’s revenue for 2020 was up 10 per cent to £8 million against £7.3 million a year ago. Trading Group EBITDA grew to £261,000 from a loss of £235,000 in the same period.

  1. Feedback PLC (LON: FDBK)

The healthcare equipment and supplies company share have a 1-year return of 133.75 per cent, and the FTSE AIM All-Share company last traded at GBX 1.30 on 31 March, with a market capitalisation of £13.60 million.

Earlier in March, the company announced that it had been awarded a one-year contract worth £84,000 for Bleepa with the Royal Berkshire NHS Foundation Trust. Bleepa is its flagship clinical communications platform.

  1. Kavango Resources Plc (LON: KAV)

The metals and mining company share has given a 1-year return of 293.33 per cent. The company’s shares last traded at GBX 2.75 on 31 March and had a market capitalisation of £10.10 million.

The company recently announced that it signed two agreements allowing an equal joint venture with Power Metal Resources Plc (LSE: POW). The agreement would allow the companies to acquire eight licences in the Kalahari Copper Belt.

  1. Primorus Investments Plc (LON: PRIM)

The investment banking and investment services company share gave a 1-year return of 169.17 per cent was trading at GBX 5 on 31 March and had a market capitalisation of £6.92 million.

The company recently announced that it was in an extremely healthy position. It also said it had completely divested its stake in GGP in the fourth quarter, and that has brought its listed investments and current cash to over £4.8 million.

 


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