Moreover, the Finniss project is now fully funded. This is two-thirds cheaper compared to the floatation process.

The project is also highly capital-efficient, given that its production is based on the simple DMS process which uses just gravity and water. The company claims it will be one of the lowest-cost lithium spodumene producers in the world once its Finniss mine enters production. The company has seen its stock skyrocket a monumental 887% over the past 12 months due to the ever-increasing price of lithium and substantial progress towards the commencement of production.

Core Lithium (ASX:CXO)Д¬ore Lithium (ASX:CXO) is an Australian mining company aiming to become one of the biggest exporters of lithium to the Asian region. Read our research on Ioneer (ASX:INR) and how it made our best small caps stocks list. The company has been a major beneficiary of the tailwind behind electrification due to climate awareness and record-high fuel prices, the Biden administrationвЂ™s inclination towards decarbonization, and the DOEвЂ™s (Department of Energy) willingness to help fund projects that align with this policy. Though ecological issues at the site have made news, the company is positive it can work with the relevant authorities to reach a solution. The companyвЂ™s facility will be located in Nevada at the Rhyolite Ridge which holds the largest known lithium and boron deposit in North America. Ioneer (ASX:INR) aims to be a world-class lithium producer supplying the burgeoning EV and battery market in the USA.ДҐ Best Shares To Buy Right Now in 2022 We believe these represent some of the best opportunities the ASX has to offer. WeвЂ™ve outlined 5 stocks that we have found to either have good growth potential or a great story and what we consider to be some of the best penny stocks on the ASX. Our Research team has been hard at work uncovering the best small cap stocks on the ASX in 2021 on a macroeconomic and fundamental basis. The hardest part about investing is the ability to process a large amount of information and factors to be able to navigate the macroeconomic and fundamental environment to find the best penny stocks.

2 How We Find The Best Small Cap Stocks To Buy.

1.5 Magnis Energy Technologies (ASX:MNS).

With historically low interest rates and the boost it is giving to capital markets, the best penny stocks with their higher sensitivity to the market are in favour right now.ДЄdditionally, as markets continue to recover, the best small cap stocks with much higher beta means returns are outsized compared to blue-chip shares. However, having exposure to the best small cap stocks and their potential upside can add strong upside potential for your portfolio.

They are almost much higher risk than high growth stocks driven by revenue growth that generally have a larger cap. Small cap stocks tend to have much more risk and volatility involved than blue-chip shares. Today, weвЂ™ll look at some of the best penny stocks to buy on the ASX for 2021.Д®ven though these stocks are not вЂњpenny stocksвЂќ per se (this is more of an American term), I consider any stock under $1b in market cap to be a small cap or penny stock. Thanks for downloading! Please check your email and spam folder and make sure to mark emails from us as not spam.

Cheapest micro cap stocks