5 Solar Penny Stocks to Buy According to Reddit

4. United States Antimony Corporation (NYSE: UAMY)

Number of Hedge Fund Holders: 3

United States Antimony Corporation (NYSE: UAMY) is a Montana-based company in the metals and mining business. It is placed fourth on our list of 10 solar penny stocks to buy according to Reddit. The company sells zeolite products that are used by the solar industry. It has a market cap of $114 million and posted more than $5.2 million in revenue last year. The short interest on the stock is 3.3%. Some of the other products marketed by the firm include antimony, silver, and gold, among others.

In February this year, United States Antimony Corporation (NYSE: UAMY) revealed that it had entered into an agreement with institutional investors for the sale of close to 11 million shares at a price of $1.30 per share. The gross proceeds from the sale would be over $14 million.

Out of the hedge funds being tracked by Insider Monkey, New York-based firm Renaissance Technologies is a leading shareholder in United States Antimony Corporation (NYSE: UAMY) with 163,386 shares worth more than $198,000.