Promising Small Cap Stocks To Consider – January 22nd

Spring Valley Acquisition, 60 Degrees Pharmaceuticals, and Namib Minerals are the three Small Cap stocks to watch today, according to MarketBeat’s stock screener tool. Small-cap stocks are shares of publicly traded companies with relatively small market capitalizations—typically in the range of about $300 million to $2 billion, though exact cutoffs vary by index and provider. They often offer higher growth potential but also greater volatility and liquidity risk compared with mid- and large-cap stocks, making them a higher-risk, higher-reward segment investors use for diversification. These companies had the highest dollar trading volume of any Small Cap stocks within the last several days.

Spring Valley Acquisition (SV)

60 Degrees Pharmaceuticals (SXTP)

60 Degrees Pharmaceuticals, Inc., a specialty pharmaceutical company, engages in the development and commercialization of therapies for the prevention and treatment of infectious diseases in the United States. The company offers Arakoda for malaria preventative treatment. It also engages in the development of Tafenoquine (Arakoda regimen) that is in Phase IIb clinical trial for COVID-19 indications; Tafenoquine, which is in phase IIA clinical trials for babesiosis, fungal pneumonias, and candidiasis disease; and Celgosivir for respiratory viruses and dengue.

Namib Minerals (NAMM)

Namib Minerals is a gold producer, developer and explorer with operations focused principally in Zimbabwe. Namib Minerals, formerly known as Hennessy Capital Investment Corp. VI, is based in New York.