3 Promising UK Penny Stocks With Market Caps Over £10M
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 12 2024
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Source: Yahoo Finance
FTSE 100 Challenges: The UK’s FTSE 100 index has declined due to weak trade data from China, affecting companies linked to its economy, while penny stocks continue to offer investment opportunities despite being an outdated term.
Company Highlights: Griffin Mining Limited and Deliveroo plc are noted for their strong financial health and potential undervaluation, with Griffin showing significant earnings growth and Deliveroo transitioning to profitability, although caution is advised due to insider selling.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
