Gold Penny Stocks - to find a list of the top gold & silver penny stocks trading on NYSE, NASDAQ, and AMEX. These silver and gold mining penny stocks are trading under $5 per share and sorted by the biggest gain of the day.
Mining Penny Stocks
Following is a list of active gold and silver penny stocks today trading on the regular stock exchanges.
Gold penny stocks are small cap gold and silver mining companies that are trading at a cheap price. These companies are involving in developing, extracting, digging, and selling gold and silver.
Are Gold Penny Stocks Worth The Investment?
Gold has always been considered a safe investment against inflation. When the market gets volatile, people often include gold in their investments to diversify portfolios and reduce risks.
If that's your goal, then gold penny stocks are not the right choice. Gold penny stocks are volatile and they shouldn't be used as safe protection against inflation, nor to diversify an investment portfolio.
There are much better choices, such as investing in gold ETFs like GDX and GLD, or gold stocks with high market capitalization like NEM and GOLD.
Trading Gold Penny Stocks
Trading is an alternative approach to investing in gold penny stocks. In the long term, most penny stocks go bankrupt, the chances of picking a long term winner out of all the losers are close to zero.
However, just like any other penny stocks, gold penny stocks do make explosive moves in the short term when there is positive news, and there are profits to be made.
There are a few trading strategies that you may use such as trading gold penny stocks when they break out of a long-term resistance. Another strategy is to wait for a pullback after a penny stock has made its big move.
Both strategies and trading, in general, requires discipline. Most people who trade stocks are losing money because they trade based on tips and their emotions. The first step to trade gold penny stocks is to learn technical analysis and chart reading, as they are critical skills you will need to succeed.
If you want to make money trading gold penny stocks, here are a few articles to get you started.
Penny Stock Trading GuideHow to Trade Penny StocksPenny Stock Chart Patterns
The list of gold mining penny stocks is updated each day after the market close. This gold mining stocks list is for research purposes only. We do not suggest or recommend any of the gold stocks listed here.
Gold Stocks Under $1
Following is a list of active gold stocks under $1 that are listed on the OTC market or as pink sheet stock.
Disclaimer: Stocksunder1.org does not endorse or suggest any of the securities which are returned in any of the searches or filters. They are provided purely for informational and research purposes. Stocksunder1.org is not an investment adviser and does not recommend particular securities. Stocksunder1.org shall not be liable for any errors or delays in the content, or for any actions taken based on the content.