7 Penny Stocks Trading at a Massive Discount Right Now

These penny stocks trading at a discount have the potential for a big reversal in the coming quarters.

Mullen Automotive ( MULN ): The company has an agreement with Amazon’s delivery partner for cargo vans and positive developments related to the solid-state battery.

Hive Blockchain ( HIVE ): There’s sustained growth in mining capacity, a strong balance sheet with Bitcoin and Ethereum assets and strategic investment in decentralized finance.

Borr Drilling ( BORR ): It’s got a quality offshore drilling rig fleet, though equity dilution is a concern in the near-term. EBITDA margin expansion is likely if oil sustains around $100 per barrel. Tilray ( TLRY ): The company has a strong presence in all key markets coupled with presence in recreational and medicinal cannabis. Kinross Gold ( KGC ): It has a stable production profile with positive free cash flow visibility and financial flexibility for organic and acquisition […]

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