Spotlight On 3 US Penny Stocks With At Least $60M Market Cap

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As the U.S. stock market experiences fluctuations ahead of major earnings reports, investors are keenly observing opportunities across various sectors. Penny stocks, a term that may seem outdated, still represent an intriguing segment for those interested in smaller or newer companies. By focusing on penny stocks with solid financial foundations and growth potential, investors can find opportunities that offer both value and stability amidst current market conditions.

Top 10 Penny Stocks In The United States

Name

Share Price

Market Cap

Financial Health Rating

BAB (OTCPK:BABB)

$0.827

$6.01M

★★★★★★

QuantaSing Group (NasdaqGM:QSG)

$3.08

$144.65M

★★★★★★

Golden Growers Cooperative (OTCPK:GGRO.U)

$4.50

$69.71M

★★★★★★

PHX Minerals (NYSE:PHX)

$3.56

$133.43M

★★★★★☆

So-Young International (NasdaqGM:SY)

$1.25

$90.8M

★★★★☆☆

ZTEST Electronics (OTCPK:ZTST.F)

$0.27

$9.77M

★★★★★★

Puma Biotechnology (NasdaqGS:PBYI)

$2.74

$134.5M

★★★★★★

Better Choice (NYSEAM:BTTR)

$1.63

$2.97M

★★★★★★

Zynerba Pharmaceuticals (NasdaqCM:ZYNE)

$1.30

$65.6M

★★★★★☆

CBAK Energy Technology (NasdaqCM:CBAT)

$0.8799

$79.14M

★★★★★☆

Click here to see the full list of 738 stocks from our US Penny Stocks screener.

We're going to check out a few of the best picks from our screener tool.

X4 Pharmaceuticals

Simply Wall St Financial Health Rating: ★★★★☆☆

Overview: X4 Pharmaceuticals, Inc. is a late-stage clinical biopharmaceutical company dedicated to the research, development, and commercialization of novel therapeutics for rare diseases, with a market cap of $62.76 million.

Operations: X4 Pharmaceuticals, Inc. has not reported any revenue segments.

Market Cap: $62.76M

X4 Pharmaceuticals, Inc., with a market cap of US$62.76 million, is pre-revenue and has faced increasing losses over the past five years. Recently, the company reported a net loss of US$36.7 million for Q3 2024 but showed positive clinical trial results for mavorixafor in treating chronic neutropenia. Despite its unprofitability and high debt-to-equity ratio of 126.2%, X4's short-term assets exceed both its short- and long-term liabilities, providing some financial stability. However, its cash runway is less than a year if free cash flow continues to decline at historical rates.

NasdaqCM:XFOR Debt to Equity History and Analysis as at Nov 2024
NasdaqCM:XFOR Debt to Equity History and Analysis as at Nov 2024

Acacia Research

Simply Wall St Financial Health Rating: ★★★★★☆

Overview: Acacia Research Corporation specializes in acquiring and managing companies within the technology, energy, and industrial sectors, with a market cap of $430.37 million.