Friday , 29 September 2023

3 Penny Stocks That Revolve Around the Development of New Tech Trends

Machine learning and 3D printing are two technologies that are quickly growing and becoming moreinvesting widespread. To take advantage of this trend, we suggest investors take a look at these three penny stocks that operate within one of these spaces.

The comments above and below are excerpts from an article from which has been edited ([ ]) and abridged (…) to provide a faster and easier read.






1. Critical Outcome Technologies Inc. (CVE:COT) – $0.67
Biotechnology & Medical Research

Critical Outcome Technologies Inc. (COTI) is a Canada-based clinical-stage biopharmaceutical company that uses machine learning to develop targeted therapies. The Company’s business is disease-specific drug discovery, optimization and pre-clinical development using a developed series of computer models. Its artificial intelligence platform, CHEMSAS, utilizes a series of predictive computer models to identify compounds that are projected to have a high probability of being developed from disease specific drug discovery through chemical optimization and preclinical testing.

  • Market Cap: 99,135,158
  • Revenues: 0
  • Operating Income: -3,831,460
  • Debt: 0





2. Spectra7 Microsystems Inc. (TSE:SEV) – $0.52

Spectra7 Microsystems Inc. is a Canada-based consumer connectivity company that delivers bandwidth, speed and resolution to enable industrial design for consumer electronics manufacturers in virtual reality (VR), augmented reality (AR), wearable computing, data centers and ultra-high definition (HD) displays. The Company operates through the semiconductors segment.

  • Market Cap: 65,866,682
  • Revenues: 8,003,257
  • Operating Income: -17,813,783
  • Debt: 7,685,182





3. AcuityAds Holdings Inc. (CVE:AT) – $1.28
Investment Holding Companies

AcuityAds Holdings Inc., formerly Wildlaw Capital CPC 2 Inc., is the parent company of AcuityAds Inc. (Acuity). Acuity is a technology company, which provides targeted digital media solutions, enabling advertisers to connect with their audiences across online display, video, social and mobile campaigns. Acuity offers a Programmatic Marketing Platform to connect digital advertisers to consumers across advertising channels. Acuity’s Programmatic Marketing Platform allows advertisers to manage their purchasing of digital advertising in real-time using real-time bidding (RTB).

  • Market Cap: 215,285,203.21
  • Revenues: 22,847,580
  • Operating Income: -2,155,310
  • Debt: 6,563,680

Disclosure: The above article has been edited ([ ]) and abridged (…) by the editorial team at (Your Key to Making Money!) to provide a fast and easy read.
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