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

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 Summary

• Many penny stocks have delivered triple digit returns in no time.
• Most of the penny stocks are resource or technology companies.
• As the stock market is making a comeback, young investors are often enticed to take positions in penny stocks.

Penny stocks are usually classified as stocks which trade under £1 or GBX 100. These stocks are often traded on sentiment driven speculations rather than fundamentals. Investments in these stocks is quite risky and volatile, however, these stocks have the potential to deliver staggering number of returns to investors in very short span of time.

Also, these stocks can trouble investors with liquidity issues and price manipulations. As the stock market is recovering, young investors are often enticed to take positions in these kinds of stocks. Most of the penny stocks are usually resource companies or technology companies. Any breakthrough in innovation or a geopolitical change can make the company go bust to boom or vice-versa.

Investing in penny stocks requires some serious amount of research and analysis. Investors seeking investment in penny stocks must take help from professional adviser before putting their money in these stocks.

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Also read: Top 10 FTSE 100 Companies by Market Capitalisation

In this article, we would put our lens through 10 FTSE listed penny stocks that have delivered staggering amount of return in recent times.

1. Braveheart Investment Group Plc (LON:BRH)

Shares of UK based AIM-listed investment company Braveheart Investment Group Plc have delivered a 6-month total return of 1,191 per cent. BRH shares were marginally up by 4.13 per cent from previous day price close and traded at GBX 63 on 16 March 2021 at GMT 07:54 AM+1.

The company paid a special dividend payment of 42.75 pence per share to its shareholders in January 2021. The investment company’s revenue soared by 258 per cent to £895,000 in the six-month period ended September 2020 (H1 2019: £250,000).

2. Escape Hunt Plc (LON:ESC)

Shares of global leader in the growing escape rooms sector, Escape Hunt have delivered a 6-month total return of 355 per cent. ESC shares traded at GBX 33 on 16 March 2021 at GMT 10:01 AM+1. Last month, Escape Hunt completed the BGP Escape acquisition, the French and Belgian master franchise associate. During the pandemic led lockdowns, Escape Hunt decided to increase its focus on digital offering.

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3. Xtract Resources Plc (LON:XTR)

Shares of UK-based resource miner, Xtract Resources have delivered a 6-month total return of 352 per cent. XTR shares traded at GBX 6.75 on 16 March 2021 at GMT 10:30 AM+1.

The miner recently completed the drilling programme of third hole of Phase One at Bushranger copper-gold exploration project in Australia. This shall help the miner in gaining insights regarding the geometry and extent of the mineralised system. 

4. Online Blockchain Plc (LON:OBC)

Shares of UK-based cryptocurrency stock Online Blockchain have delivered a 6-month total return of 332 per cent. OBC shares traded at GBX 73 on 16 March 2021 at GMT 11:30 AM+1.

The company’s revenue soared to £109,000 driven by higher subscription during the fiscal year 2020. Also, the profitability margins have improved considerably. The company is well-placed to capitalise on the recent boom in the cryptocurrency market.

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Also read: 10 FTSE 250 Stocks with Over 6% Of Dividend Yield

5. French Connection Group Plc (LON:FCCN)

Shares of UK-based fashion retailer, French Connection Group have delivered a 6-month total return of 302 per cent. FCCN shares traded at GBX 22.80 on 16 March 2021 at GMT 11:39 AM+1.

The leading fashion retailer has been approached by Spotlight Brands and Gordon Brothers in February regarding formal takeover. The retail industry is set to witness a lot of consolidation as most of the high-street retailers are seeking virtual existence to reduce costs.

6. Tullow Oil Plc (LON:TLW)

Shares of UK-based oil & gas exploration company Tullow Oil have delivered a 6-month total return of 288.70 per cent. TLW shares traded at GBX 59.22 on 16 March 2021 at GMT 12:03 PM+1. Despite the challenges in 2020, the company’s performance was in line with the expectations, and it managed to reduce its debt levels. By 2021, the company expects an operating cash flow of US$0.5 billion.

7. Panthera Resources Plc (LON:PAT)

Shares of Gold exploration & mining company, Panthera Resources have delivered a 6-month total return of 279 per cent. PAT shares traded at GBX 15 on 16 March 2021 at GMT 12:22 PM+1.

During the H1 2020, the profitably margins have improved due to lower expenses. The company is currently in the development stage and hence rely on grants and cash balances to carry out its all the business activities.

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8. Zoetic International Plc (LON:ZOE)

Shares of UK-based integrated cannabidiol (CBD) and natural resource company, Zoetic International have delivered a 6-month total return of 277 per cent. ZOE shares traded at GBX 90.50 on 16 March 2021 at GMT 12:29 PM+1.

During the H1 of 2020, Zoetic International witnessed limited sales of its CBD products as they were selling through online channels only. The company aims to extend its international presence, expand its market share, and broaden its product lines across both physical and e-commerce stores in 2021.

9. Zephyr Energy Plc (LON:ZPHR)

Shares of UK-based oil & gas firm Zephyr Energy have delivered a 6-month total return of 261 per cent. ZPHR shares traded at GBX 2.80 on 16 March 2021 at GMT 12:38 PM+1.

Later this year, Zephyr Energy is expected to commence drilling at side-track lateral well at its project in the Paradox Basin, Utah. The well shall help the company in commencing production from the Cane Creek reservoir. The company has underpinned its hopes on the rising prices of commodities in the post-pandemic world.

10. INCE Group Plc (LON:INCE)

Shares of UK-based legal & professional services Ince Group have delivered a 6-month total return of 246 per cent. INCE shares traded at GBX 81 on 16 March 2021 at GMT 12:55 PM+1.

Ince has launched a revolutionary software solution which provides know your customer (KYC) and anti-money laundering (AML) framework on a single platform. Ince has announced the launch of the first unified software solution combining KYC knowhow with legal advice and escalation on one platform. The platform provide compliance to regulations along with seamless client onboarding. Initially, the software solution shall be rolled out in the real estate sector to demonstrate AML compliance.