Penny stocks come in all shapes and sizes, some trading for as low as 25 cents. But what companies in this price range are worth a closer look? Check out our list of the best penny stocks under 25 cents to kick-start your research.
Best Penny Stocks Under 25 Cents
Icon Energy Corp. (NASDAQ: ICON)
Icon Energy Corp. (NASDAQ: ICON) is an international shipping company specializing in the seaborne transportation of dry bulk cargoes such as iron ore, coal, grains, and bauxite.
The company operates a fleet of oceangoing vessels and generates revenue by chartering these vessels to regional and international dry bulk operators, commodity traders, and end-users.
In March 2025, Icon Energy announced the addition of the M/V Charlie, a 2020-built, scrubber-fitted, Eco Ultramax dry bulk carrier with a carrying capacity of 63,668 deadweight tons (dwt).
The vessel was acquired through a bareboat charter-in agreement with an option to purchase and has been secured under a time charter-out contract for 9 to 12 months, expected to generate immediate revenue upon delivery.
As of May 30, 2025, Icon Energy’s stock is trading at $1.70 per share, with a market capitalization of approximately $3.67 million.
For the year ended December 31, 2024, Icon Energy reported revenues of $5.31 million and a net loss of $1.19 million.
In April 2025, the company declared a cash dividend of $0.07 per common share.
Arizona Lithium Ltd (OTC: AZLAF)
Arizona Lithium Ltd (OTC: AZLAF) is a promising penny stock in the mining sector, focusing on the exploration and development of lithium projects in North America. The company aims to supply lithium for the electric vehicle market, positioning itself in a sector with growing demand.
Arizona Lithium’s primary assets include the Big Sandy Lithium Project in Arizona and the Prairie Lithium Project in Saskatchewan, Canada. The Big Sandy project boasts a resource size of 330 kilotonnes of lithium carbonate equivalent (LCE), while the Prairie project has a resource size of 4.6 million tonnes of LCE.
In May 2024, the company commenced its 2024 drilling campaign at the Prairie Lithium Project, marking a significant step towards commercial production.
With the increasing demand for lithium driven by the electric vehicle industry, Arizona Lithium’s strategic positioning and ongoing developments make it a noteworthy consideration for investors interested in the mining sector.
As of May 2025, AZLAF is trading at approximately $0.006 per share, with a market capitalization of around $22.8 million.
Related: The 9 Best Healthcare Penny Stocks To Buy Now
InnerScope Hearing Technologies, Inc. (OTC: INND)
InnerScope Hearing Technologies, Inc. (OTC: INND) is a company dedicated to developing, manufacturing, and distributing over-the-counter (OTC) hearing aids and related hearing health products. Their mission is to provide affordable and accessible hearing solutions to individuals with hearing impairments.
The company’s products are available through various retail and online channels, including Walmart Vision Centers, Walmart.com, RiteAid.com, BestBuy.com, Amazon.com, and other major retailers . This broad distribution network enhances the accessibility of their hearing solutions to a wide customer base.
InnerScope’s flagship product line, HearingAssist, offers FDA-registered OTC rechargeable hearing aids. These devices are designed to provide high-quality hearing assistance at a fraction of the cost of traditional hearing aids.
For instance, the InvisaTone Hearing Aid is priced at $19.95 per month, significantly lower than the average $250 per month for other brands .
In a strategic move to expand their technological capabilities, InnerScope signed a Letter of Intent in February 2025 to license AudioCardio’s Threshold Sound Conditioning Technology.
This partnership aims to develop a subscription-based mobile app targeting over 188 million smartphone users globally who suffer from sensorineural hearing loss. The company anticipates generating over $64,000 in monthly net revenues from paid subscribers within the first year .
The company reported revenues of $14.51 million over the last 12 months but faced a net loss of $47.41 million, indicating challenges in profitability.
Financially, as of February 25, 2025, InnerScope’s stock is trading at approximately $0.023 per share, with a market capitalization of around $341,290 .
Hemp, Inc (OTC: HEMP)
Hemp, Inc. (OTC: HEMP) is a publicly traded company founded in 2008, focusing on the industrial hemp sector with an emphasis on CBD products. The company operates facilities in North Carolina and Las Vegas, producing products like Drill-Wall and Spill-Be-Gone from its 85,000-square-foot plant near Spring Hope, North Carolina.
In 2022, Hemp, Inc. reported annual revenue of $184,396, marking a 333.67% increase compared to the previous year. Despite this growth, the company faced a net loss of $5.48 million during the same period.
The company continues to market its oil-absorbing products and has shown consistent growth in its CBD product sales through its website. Hemp, Inc. also announced significant progress in hemp seed meal approval for laying hen diets in April 2024.
Given the company’s assets and ongoing efforts in the hemp industry, Hemp, Inc. remains a company with potential. However, investors should be cautious due to its current financial challenges and stock performance.
Related: The 7 Best Cannabis Penny Stocks To Buy Now
Should You Buy Penny Stocks Under 25 Cents?
Penny stocks under 25 cents could be a good option for folks with a high risk tolerance.
However, penny stocks do come with their own set of challenges.
Transparency is one of the key issues with penny stocks. Many of these companies are not required to offer the same level of transparency in their financial disclosures.
This makes it much harder to gauge the performance of a company. Another challenge with penny stocks is that many are illiquid. As a result, traders may struggle to exit a position.
These are just some of the pitfalls of trading stocks under $5.
Where to Buy Cheap Penny Stocks
Robinhood is one of the most famous brokerages offering commission-free trading. If you want to buy cheap penny stocks without paying commissions, Robinhood is a reliable brokerage and a quality choice.
Another good option is Fidelity. It doesn’t offer commission-free trading like Robinhood — but at just $4.95 per trade, Fidelity is an affordable option if you don’t mind paying a small fee.
Since not all the stocks listed above appear in major exchanges, Fidelity supports OTC stocks, so you can buy and sell penny stocks that are not listed in either NASDAQ or NYSE.
Related: The 6 Best Penny Stocks on Fidelity
Final Thoughts
Penny stocks trading under 25 cents can offer the opportunity for some serious upside. At the same time, they come with quite a few risks.
Plenty of beginners fall into the trap of believing that trading cheap stocks means easy money. However, this is far from the case. Successfully trading penny stocks requires careful thought and extensive due diligence.
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Penny Stocks Under 25 Cents FAQs
What Stocks Are Under 25 Cents?
Humanigen, Inc. (NASDAQ: HGEN), VistaGen Therapeutics (NASDAQ: VTGN), InnerScope Hearing Technologies, Inc. (OTC: INND), and Hemp, Inc (OTC: HEMP) are a few examples of penny stocks under 25 cents. You can find more penny stocks on over-the-counter (OTC) markets and pink sheets.
Which Penny Stock Will Grow in the Future?
VistaGen Therapeutics (NASDAQ: VTGN) has a Phase 3 clinical trial for its major depression treatment candidate, which is expected to be completed by the end of this year. If the trial is successful, the company could see significant growth.
How Can I Buy Penny Stocks Under 25 Cents?
You can buy penny stocks under 25 cents through online brokerages such as Robinhood and Fidelity. Just remember to do your own research before investing and never invest more than you would be prepared to lose, as penny stocks are notoriously volatile.
Can You Get Rich Off Penny Stocks?
Yes, it is possible to get rich from penny stocks. However, it is also risky, and you could lose all your investment. You should also research the company thoroughly and understand the risks involved before investing.
How Long Should I Hold Penny Stocks?
There is no set answer, as it depends on the stock and your personal investment goals. However, due to the higher risks involved, most investors hold penny stocks for a shorter period of time than large-cap stocks. It’s important to know when to take profits or cut your losses.
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