best penny stocks buy now

Are These 3 Penny Stocks On Your Watchlist in September?

With a day of bullish trading for penny stocks showing what September could have in store, many investors are excited for next month. Although we are still a few days away, those who trade penny stocks can stay ahead by considering current market conditions. And of course, the most prominent factor affecting the stock market right now is Covid. 

With cases continuing to rise in many parts of the world, investors are looking for the best ways to avoid Covid-related market volatility. And as a result, some have turned to industries such as tech penny stocks, biotech penny stocks, and for the longer term, reopening penny stocks

[Read More] 5 Penny Stocks To Watch For September With Upcoming Events

While it is difficult to say with certainty if and when the pandemic will come to an end, many investors are betting on things getting marginally better in the coming months. For this reason, it could be time to find penny stocks to buy that may benefit in the long term. But as always, proper research should be done, and a strategy should be used. Considering all of this, let’s take a look at three penny stocks that top investors are watching right now. 

3 Penny Stocks to Watch in September 2021

  1. Denison Mines Corp. (NYSE: DNN
  2. Advaxis Inc. (NASDAQ: ADXS
  3. Sonim Technologies Inc. (NASDAQ: SONM

Denison Mines Corp. (NYSE: DNN)

Denison Mines Corp. is a penny stock that has climbed in value by around 4% in the past month with a YTD gain of over 70% and a one-year gain of over 112%. These sizable upticks are a reflection of both DNN’s business and the industry it works in. For those unfamiliar, Denison is a uranium mining company with uranium exploration and development-based properties in various locations. Its main project is the Wheeler River Uranium project located in the Athabasca Basin region in Saskatchewan in which it has a 90% interest in.

[Read More] Most Shorted Penny Stocks To Buy Today? 4 To Watch As AMC Stock Pops

On August 5th, the company reported its results from the second quarter of 2021. The company received $5.8 million in connection with the conversion of the Uranium Participation Corporation into the Sprott Physical Uranium Trust. The company also completed the 50% acquisition of JCU Canada Exploration Company for $20.5 million.

“Our focus for the remainder of 2021 is expected to be in the field, where we plan to be active on both the evaluation and exploration front. Our evaluation team is preparing for full-scale pump and injection tests as well as ion tracer tests at Phoenix, making use of the commercial-scale 5-spot test pattern installed earlier this year.” 

President and CEO of Denison, David Cates

Since this was announced, DNN has increased in market value, which is understandable. And, it’s worth noting that uranium penny stocks are very popular right now. This is due to the potential of nuclear energy replacing fossil fuels in the coming years. So, considering this, will DNN stock be on your list of penny stocks to watch?

Penny_Stocks_to_Watch_Denison_Mines_Corp

Advaxis Inc. (NASDAQ: ADXS)

Advaxis Inc. is a biotech company that discovers, develops, and commercializes medical products. Its ADXS-PSA product is in Phase 2 clinical trials to treat prostate cancer. It also has ADXS-503 which is in Phase 1 and 2 clinical trials to treat non-small cell lung cancer. In the past five days, shares of ADXS stock have shot up by almost 10%, and in the past month by around 12%. 

Back in July, Advaxis started the first phase of its clinical trial for ADXS-504. ADXS-504 is a drug candidate that could have potential in treating early prostate cancer. This off-the-shelf neoantigen immunotherapy drug candidate is now going through its first-ever clinical evaluation. It’s always exciting to hear about new trials like this, as they show the potential that the company could have. While it may take some time before ADXS-504 is approved, this study will be exciting in the meantime.

“This Phase 1 study will evaluate the safety, tolerability, immunogenicity and clinical activity of ADXS-504 in men who have undergone radical prostatectomy or radiotherapy and whose prostate-specific antigen (PSA) levels in the blood are rising, which we believe are ideal patients to evaluate with this approach.”

The CMO of Advaxis, Dr. Andres Gutierrez

Since this was announced a few months back, ADXS’s stock price has gone up in value. Considering this info, will ADXS make your penny stocks watchlist in September?

Penny_Stocks_to_Watch_Advaxis_Inc

Sonim Technologies Inc. (NASDAQ: SONM)

Sonim Technologies Inc. is a tech penny stock that we have covered numerous times in the past few months. If you haven’t heard of SONM, it sells ruggedized mobile phones and accessories for various industrial sectors. Its mobile phones such as the Sonim XP8, XP5s, and XP3 are all based on the Android platform.

These phones can attach to public and private wireless networks, and utilize industrial-grade accessories to perform a long line of tasks. The company has the goal of providing the most durable products to be put to use in many adverse environments around the world.

[Read More] Investing in Penny Stocks in September? 3 Strategies to Know

On August 16th, Sonim released its second-quarter results for 2021. Sonim’s gross profit went up 8% sequentially over the first quarter. In addition to this, the company’s gross margin went up by around 2.1%. And, the company’s GAAP net loss improved to $6.7 million from $9.3 million in the first quarter of the year. In July 2021, the company raised an additional $8.4 million in net proceeds through an at-the-market equity offering program. This is exciting as it should give Sonim plenty of capital to move forward with its goals. 

“Sonim has made significant progress preparing for the third-quarter launch of the first of our next-generation devices, an enhanced version of our highest volume feature phone. We expect this launch to be the start of a series of planned launches of products over the coming quarters, including the fulfillment of the two design awards at a major US carrier that we previously announced.”

COO and President of Sonim, Bob Tirva

In the past five days, shares of SONM stock have shot up by around 12%, which could signal a bullish reversal for the company. Keeping this in mind, will SONM stock be on your watchlist moving forward?

Penny_Stocks_to_Watch_Sonim_Technologies_Inc_SONM_Stock_Chart

Which Penny Stocks Are You Watching Right Now?

Finding the best penny stocks all comes down to knowing where to look. With hundreds to choose from, it can be complicated to find penny stocks that are worth buying. But, with the right research on hand and a proper trading strategy, making money with penny stocks can be easier than previously imagined. With this in mind, which penny stocks are you watching right now?


Sign up for our FREE Newsletter and get:

  • The Beginner’s Handbook For Trading Penny Stocks
  • Penny Stock Alerts And Ideas
  • Learn To Trade Penny Stocks
  • Free Access to The Fastest Growing Highest Rated Trading Chatroom
Privacy Policy

Midam Ventures, LLC | (305) 306-3854 | 1501 Venera Ave, Coral Gables, FL 33146 | news@pennystocks.com

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Junior Gold Stocks Creating Massive Opportunity for Investors!

An Immediate Stock Alert is Being Called On: IMC International Mining Corp…