Welcome back to the channel everyone, so in this video I bring you updates on 2 of our top clean
energy penny stocks which are undergoing strategic transformations right now, which are only set to
pay off in this 2022. So if you believe in the clean energy, solar or ev charging ecosystem,
then you want to make sure you have your eyes on these two penny stocks.
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That said let’s get on with it with our first stop, which is Comstock Mining Inc (LODE) which
we called again very recently at $1.30 but it is bouncing back strongly being up by over 10%
on the day and now sitting at $1.85 with a market cap of $125m. Comstock has had a torrid time in
the market recently and its trend seems to show it having hit its trough at about $1.26
and it is slowly building momentum, possibly on the back of their latest shareholder updates.
Most of the stocks we call here are long term plays and if you believe in their story and
outlook, there couldn’t possibly a better time to buy low and sell high from these levels.
We call these plays early in the discord, so if you want to get in early, enhance your
learning and investment opportunities, you should consider joining the private discord
via the link in the description below, where you join a group of people still able to make
green in their portfolios in this current market uncertainty. So here’s what’s new with Comstock
In a letter to shareholders their CEO, Corrado De Gasperis stated that their renewable fuels
division, Comstock Fuels, acquired a portfolio of pioneering technologies that
resolve conventional feedstock limitations by efficiently converting wasted, unused,
widely available, and rapidly replenishable woody biomass into advanced cellulosic fuels.
Electrification and continued advancements in energy storage are vitally necessary to reduce
reliance on fossil fuels while shifting to and increasing use of renewable fuels.
Their 90% owned lithium-ion battery (“LIB”) recycling business, LiNiCo
Corporation (“LiNiCo”), holds the rights to a portfolio of innovative processes
that efficiently crush and separate LIBs, extract lithium, nickel, cobalt, and graphite,
and reuse the recovered metals to produce 99% pure cathode active precursor products.
Collectively, these technologies give LiNiCo, differentiating competitive advantages, including
the ability to process upwards of 100,000 tons of LIB and related feedstocks per year into an array
of electrification products, including lithium, nickel, cobalt, graphite, and cathode materials.
Their technologies meet the realities of that demand by enabling profitability at the earliest
stages of production, thereby positioning our LIB recycling business to contribute billions to our
enterprise value from LiNiCo based on existing valuations of comparable public companies.
Wow, what an outlook based on this alone.
So their goal is to generate over $16 billion in revenue on an annualized basis by 2030,
by producing and selling renewable energy products that enable the reduction of greenhouse gas
emissions by at least 100 million metric tons per year. Meeting that objective would offset
more than 234 million barrels per year of fossil fuel, or about 6% of the U.S. transportation burn.
Fantastic stuff and with a $16bn revenue outlook one can only imagine what their
market cap would be from current levels so one certainly to keep an eye one.
Next up to our number 2 penny stock is Solar Integrated Roofing Corp
(SIRC) which is currently sitting at 38cents per share with a market cap of $171m.
SIRC is having a good run on the day being up 8% but it still has plenty of room for growth
given it is still down 26% in the last 6m. So with lots of strategic activities in the tank,
I believe there’s a lot to help drive its share price up over the medium to long term
for those who can be patient. So here’s what’s new with SIRC.
SIRC announced it would Form a Dominant Player in the EV Charging Market with Planned Acquisition
of a Charging Installer with $100 Million Order Pipeline. The company is to Refocus their Sales
Efforts from National Roofing Segments to Address Significant Near-Term EV Charging Opportunity;
And the Sales Run Rate is Expected to Exceed $400 Million Annually
After Closing the Announced Acquisitions. Some interesting stuff there.
They announced a strategic shift towards prioritizing their $30 million
electric vehicle (EV) charging project pipeline and $20.2 million EV charging project backlog
given the immense near-term revenue opportunity, better aligning with the
Company's planned corporate name change to 'SolarEV'. So one to watch out for this change
and again what’s really excited is when they say after they close their announced acquisitions,
they believe their sales run rate is likely to exceed $400 million annually. That’s more
that 5X current forecast for 2022 which is an immense growth trajectory expected here.
SIRC also previously Announced Seven Planned Acquisitions Totaling Over $78 Million in
Projected Annual Revenue, Positioning Company for Significant Growth in 2022.
The Company Signed Binding Letters of Intent (LOIs) for Seven Acquisitions for Aggregate Cash
Proceeds of $21.6 Million; with the Expectation to Realize Over $78 Million in Incremental Revenue.
They say these acquisitions are all-cash, no-dilution planned acquisitions
and are a testament to their focus on identifying exciting niche industries to leverage their vast
network and generate additional revenue through synergies and cross-selling. They anticipate that
these acquisitions, given the inherent synergies from being part of the SIRC family of companies,
have the potential to pay for themselves within two years.
Analysts at Seeking Alpha say with SIRC M&A Could Bring Increases In Stock Price.
They said SIRC is trying to build a diversified portfolio of assets across solar, battery backup,
EV charging, roofing, and related HVAC/electrical contracts and they assume that Solar will
continue to grow its core business through M&A transactions and that management will obtain
economies of scale, and the EBITDA margin will likely increase. And so if Solar Integrated buys
private businesses at 5x-9x EBITDA, and trades at 11x like other large competitors,
management will likely report a decent ROE and, the stock price could trend north. The current
market price fails to represent the potential profitability that shareholders may enjoy soon
which is a brilliant outlook. With that, there are also some risks. If management is unable
to convince new investors, and does not obtain financing, sales growth may decline significantly.
And if some of the acquisitions fail, the book value per share could decline too.
So some risks worth bearing in mind with this one too.
So some very very interesting and mindblowing prospects ahead for these penny stocks
but only consider getting in if the price is right for you and if you fully understand the risks.
This video is not financial advice, a buy or a sell recommendation, but is meant to bring some
new and exciting penny stocks to your attention for you to do your own research.. As always
I would love to hear from you, so please let me know your thoughts on these top penny stocks in
the comments section below and what other penny stocks are catching your eyes lately.
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Thank you so much for being here and I look forward to have you in my next video. Thank you