3 Penny Stocks That Could Easily Double Over the Next Year

Of course, this project will require significant capital to move forward. And given where lithium prices are, there are specific risks with this stock that investors should be aware of. With $147 million of cash on its balance sheet, Lithium Americas does have some runway to move forward. But many in the market are spooked by the company's recent public offering of 55 million shares of common stock. While this generated$275 million in liquidity, it also diluted investors. However, alongside this higher ris ...