Top 5 Green Energy Penny Stocks for 2021

Despite their many positive characteristics, penny stocks and low-priced shares aren’t for everyone. They can swiftly grow a little investment into a substantial quantity of money, but they also can fast deplete that investment. In this article, we will discuss the top 5 green energy penny stocks that can be profitable this new year.

What are “PENNY STOCKS,” and what are they used for?

green energy penny stocks

A lot of folks don’t see the benefits outweigh the hazards. It’s okay to walk away from a project if you’re completely honest with yourself. When it comes to penny stocks, most investors lose money. Thus, this is usually the best option.

Companies in financial difficulty are more likely to have penny stocks or shares that trade for less than $5 a share. The price of the company’s stock is a statement to investors that they have reservations about its long-term viability. Stock prices would be higher if investors did not have such concerns.

To be eligible to list on major U.S. exchanges, corporations must have passed some level of testing and presented appropriate financial disclosures. Consequently, having more excellent resources and market experience, they are better positioned to boost their company chances. Penny stock investors know how important it is to watch for signs of its turnaround.

Note: If you are after green energy penny stocks under 10 cents or under $1, then this article does is not for you.

Green Energy Penny Stocks

green energy penny stocks 2021

Investors interested in green energy penny stocks tend to suit a specific demographic. Due to the nature of these assets, they are likely to be risk-tolerant.

There’s an attractiveness to penny stocks because of their increased volatility compared to more established securities. It’s enticing because of the enormous profits these green energy penny stocks 2021 may bring at any one time. However, there is also a severe drawback to this. Consequently, investors should be more careful in this area because of the higher risks. Put another way: You should only take a chance if you are prepared to lose it.

On the other hand, Penny stock buyers are searching for immediate profits, while buyers of renewable energy are looking for growth that results from a focus on low carbon emissions. It’s becoming more apparent that green energy penny stocks 2021 has reached a critical mass as concepts like carbon pricing and the Oil Majors begin to rethink their decades-long strategic objectives. As a result, the energy sector is perfectly positioned to take advantage of the current developments.

Read here, Is Buying Reddit Penny Stocks Worth It?

Best Energy Penny Stocks For 2021

  1. Uranium Energy Corp. (NYSE: UEC)
  2. Denison Mines Corp. (NYSE: DNN)
  3. Ocean Power Technologies Inc. (NYSE: OPTT)
  4. Solar Integrated Roofing (OTCMKTS: SIRC)
  5. SunHydrogen (OTCMKTS: HYSR)

To study in deep about the above green energy penny stocks list, please scroll down ๐Ÿ˜Š

Now let’s have a look. Why invest in these 5 penny stocks

  1. Uranium Energy Corp. (NYSE: UEC)

Uranium Energy Corp.
BY- TWITTER / Source- Google Images

After a dizzying surge in October, Uranium Energy (NYSEMKT: UEC) stock is now unstoppable โ€” according to statistics from S&P Global Market Intelligence, uranium stock went up another 18.3% this week as of 2:30 p.m. EST Friday. An analyst upgrade, higher uranium prices, substantial nuclear energy sector news, and a massive expansion move by Uranium Energy were all important triggers for the stock’s rise. These stocks are the best green energy penny stocks right now.

So, what’s the matter?

At the beginning of this month, Bloomberg reported that China intends to construct up to 150 new nuclear reactors over the next fifteen years. The Fukushima Daiichi nuclear accident in 2011 put an end to the world’s nuclear reactors and, therefore, to the uranium mining sector since uranium is the primary fuel for nuclear reactors. Investors who have carefully watched the uranium industry will be aware of this.

Investors in uranium stocks reacted favorably to the news since the development of so many nuclear reactors might help assure the industry’s future. The world’s fourth-largest uranium producer, Uranium One, has agreed to sell significant assets to Uranium Energy for $112 million in cash, as the company does not want to miss the growth bus.

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One of the most significant uranium processing plants in the United States, with a permitted capacity of 2.5 million pounds, is among the seven projects acquired. In addition, Uranium Energy has assets already ready for production, giving the company a head start on earning money immediately. Another reason to invest in these best green energy penny stocks.

Since 2015, Uranium Energy hasn’t earned a single dollar in revenue. Instead, it has been purchasing uranium on the spot market to sell it later at a better price and make a profit. After the purchase, Uranium Energy may become one of the biggest uranium mining firms in the United States, with a physical uranium inventory of 4.1 million pounds and an annual in-situ recovery production capacity of 6.5 million pounds.

On the news, H.C. Wainwright immediately raised its price objective on Uranium Energy shares to $7 per share from $5.60 per share. The stock is now trading at about $5.50 per share.

Now what?

The timing couldn’t have been better for Uranium Energy, as uranium prices have rebounded after many years of decline. Currently, per pound is $46, or around $46 per kilogram. After reaching a nine-year high of $50.80 per pound earlier in September, uranium prices fell sharply towards the conclusion of the month.

Investors are buying up Uranium Energy’s small-cap stock because this purchase might be game-changing. Thus, these stocks can be the best green energy penny stocks to buy this new year.

  1. Denison Mines Corp. (NYSE: DNN)

Denison Mines Corp. (NYSE: DNN)
BY- ZIPPIA / Source- Google Images

Denison Mines (NYSEMKT: DNN) is a uranium stock, plain and simple. A top-level perspective of the firm isn’t always accurate. To help you decide whether Denison Mines stock is suitable for your portfolio, we’ve outlined the pros and cons of investing in the company.

Globally, we need energy.

In nuclear reactors, uranium is utilized to generate power. While Chernobyl and Fukushima tarnished nuclear power’s image, it remains one of the most reliable energy sources. We tend to concentrate on the harmful elements, much as we do with an airplane tragedy. On the other hand, nuclear power does not produce greenhouse emissions, making it a comparatively clean form of energy.

Even though several Western countries have renounced atomic power or made it more challenging, new nuclear reactors are still being constructed. Cameco, a uranium mining company, says that 54 reactors are now under development. Electricity consumption is expected to climb by 50% between 2019 and 2040, mainly due to the rising socioeconomic level in developing nations.

Long-term supply agreements have always fueled the nuclear power business. Prices have recently fallen so low that Denison expects a large gap between the decreased supply and the rising demand when older contracts expire. It has also led to mine closures and reduced investment in future production because of uranium’s cheap cost.

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But Denison’s true narrative begins there.

Denison, the would-be uranium miner, isn’t one just yet. When it begins production at one of the two uranium mines in the Wheeler Project in 2024, it wants to become one. In 2030, the project’s second mine will be operational. Denison controls 90% of the Wheeler Project, a two-mine operation through the regulatory process. It makes this stock add to the top green energy penny stocks list.

Denison views this as a time advantage. It wants to start mining as soon as the expected supply/demand gap widens. The firm intends to be operational when uranium prices increase. That suggests the stock price has space to rise.

Even if things don’t always go as planned, there are mining benefits. An optimistic forecast is, at best, an educated estimate and one that a firm suppliesย with an incentive in keeping investors upbeat. The fact that Denison has been selling shares to fund its development objectives is notable. The company will continue to lose money while issuing shares until it achieves total uranium production (estimated in 2025). Even so, for the long term, it’s a viable option, and it makes investors to this particular green energy penny stocks to buy.

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  1. Ocean Power Technologies Inc. (NYSE: OPTT)

Ocean Power Technologies Inc.
BY- NREL.GOV / Source- Google Images

Dreaming large is in our nature. Also, as the US presidential campaign continues to go their way, many investors are scrambling to purchase up alternative or green energy firms. Re-engagement with the planet and the instruments required.

The increasing Wall Street interest in alternative green energy penny stocks 2021 has resulted in considerable increases in their stock prices and valuations. As a result, shares have become well-known trading vehicles and sometimes even better long-term assets.

Ocean Power’s technology seems to be on the margins of the market’s growing green wave. And, as observed by Investor Place blogger William White, there’s more to OPTT than meets the eye. In reality, the company’s goods have many advantages that reduce the planet’s carbon impact.

Non-partisan investors can also consider OPTT stock, with many boxes checked for a highly-speculative stock investment.

Micro-cap? Check.

Is Wall Street too late for the 2020’s green energy party? Check.

It seems to be a recent reversal of fortune. Check.

Are there any recent insider sales that are worth noting? Check

Ink with a reddish hue. Check.

Is there a lot of dependence on sponsored press releases? Check.

Negative cash flow from operational activities? Check.

I think you get it ๐Ÿ˜‰

  1. Solar Integrated Roofing (OTCMKTS: SIRC)

Solar Integrated Roofing
BY- ROOFINGCONTRACTOR / Source- Google Images

Investors kept an eye on the stock on Friday, and it ended the day with gains of up to 11%. It is how it looked: Investors may want to look at the company’s Friday release in light of this. A new president has been named at Solar Integrated Roofing, the company said on Friday.

While it’s vital to note that Diaz is the CEO of USA Solar Networks, a subsidiary firm of SIR’s, it’s equally crucial to note that Diaz is a significant development.

A statement from Solar Integrated Roofing said that the firm decided to guarantee that Diaz would manage the company’s portfolio of businesses.

Moving averages of $0.48 and $0.51 are below SIRC stock. It is also below the 50-day moving average of $0.65. During the previous three months, it has risen by 29 percent. So, SIRC stocks are worth green energy penny stocks to buy this new year.

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  1. SunHydrogen (OTCMKTS: HYSR)

BY- FLIPFIGURES / Source- Google Images

The stock price of SunHydrogen, Inc. rose 8.06 percent on Wednesday, December 15, from $0.0434 to $0.0469. Between $0.0415 to $0.0474, the stock moved 14.22 percent over the day. Seven of the previous ten days have seen price declines, bringing the 10-day total to -19.83 percent. One million shares were traded on the last trading day, totaling $542.11 thousand in total volume. Falling volume on increasing prices generates divergence, which may be an early warning sign of developments to come in the following few days. Take this into account.

While this company is now trading at a low point in a long-term upward trend, this might be a great time to get in. A break of the lower trend floor at $0.0435 would signal a slower rising pace, but it may also be an early warning of a trend change. A short-term trend suggests that the stock will grow 11.41 percent over the next three months, with a 90% chance of remaining between $0.0485 and $0.10 after that time frame. These penny stocks can also be considered as top green energy penny stocks.

Predictions and Indications

At this point, there are few to no favorable technical indicators. The short-term moving average for SunHydrogen, Inc. has a buy signal, while the long-term average has a general sell signal. The stock has a broad sell signal since the long-term average is above the short-term average, indicating a more unfavorable outlook.

The long-term moving average of around $0.0593 will act as a barrier for the stock if it continues to rise. The short-term average of $0.0466 will provide some support if the price falls. For example, if a store breaks through the long-term average and falls below the short-term average, it will add another buy signal to the overall movement.

On Tuesday, November 9, 2021, reached a high pivot point, and since then, the stock has lost –46.70 percent.

Additionally, the three-month Moving Average Convergence Divergence has issued a sell signal (MACD). The past trading day saw a decrease in volume, but the price rose. It may be an early warning, but it might also be a divergence.

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Indicators of Support, Danger, And Loss

Accumulated volume at $0.0440 and $0.0430 supports the downside, slightly below the current price. At support levels, stocks are always in danger of sliding even further to lower levels of support. At the current price of $0.0440, SunHydrogen, Inc. is supported. If this level is breached, cumulative volume support at $0.0430 and $0.0403 will be the following levels to test.

Volatility may consider throughout the day for this company, and the low trading volume on occasion makes it a “very high risk” investment. The stock gained or lost $0.0059, or 14.22 percent, throughout the day.

So, here Iโ€™m wrapping up the green energy penny stocks 2021 article. I hope I have provided the exact information you want. See you in the next post of the Future Stock Market blog. Happy Trading ๐Ÿ˜‰

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As stated in the above blog, you should go for these 5 penny stocks-

  1. Uranium Energy Corp. (NYSE: UEC)
  2. Denison Mines Corp. (NYSE: DNN)
  3. Ocean Power Technologies Inc. (NYSE: OPTT)
  4. Solar Integrated Roofing (OTCMKTS: SIRC)
  5. SunHydrogen (OTCMKTS: HYSR)

If you purchase the correct stocks, of course, you can. However, you are more likely to lose money than make money from it. Investors should only invest in firms with a track record of profitability. On the other hand, Penny stock trading isn't the same as trading common equities. Despite their many advantages, penny stocks are not for everyone. These stocks can swiftly grow a modest investment into a large one, but they can quickly destroy it.

Uranium Energy Corp. (NYSE: UEC) is the stock you are talking about. Read the blog to know why to invest in this particular stock.

Investing in penny stocks is seen as a means to make money because of the high annual returns. If you buy ten shares of a $100 stock and the price rises by one dollar a claim, you've made a profit of just $10. Due to their low value and inability to fulfill the minimal listing standards of exchanges, penny stocks are often traded over the counter. There are, however, a few penny stocks that might turn out to be hidden gems with unmatched profit potential.

More green energy is needed to replace fossil fuels as a source of energy globally. Wind and solar power projects, for example, benefit from increased demand. In a robust economy, demand for electricity surges, which raises the cost. With the correct incentives, green energy can be profitable, but only if the right incentives are in place and the proper pricing, technology, money, and operations are balanced. Profits increased by a factor of two in the same period. Over a decade, renewable energy generated returns of 192.3 percent compared to 97.2 percent for fossil fuels. In the last five years, renewable energy investments have continued to outperform fossil fuel investments in terms of returns and volatility.

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Top 5 Green Energy Penny Stocks for 2021
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Top 5 Green Energy Penny Stocks for 2021
Top 5 Green Energy Penny Stocks for 2021. The stock market can sometimes prove to be a treacherous place, sneaking up on budding investors with little time to react. One way to reduce risk is to buy stocks on the cheap when they're in a profitable circuit.
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2 thoughts on “Top 5 Green Energy Penny Stocks for 2021”

  1. While that rising tide should lift all boats, the top renewable energy stocks should generate some of the best returns for investors. These green energy companies have already proven to be value creators and have the financial strength to capture opportunities that should yield outsized total returns in the coming years.

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