DevvStream, Gryphon Digital Mining, and CytomX Therapeutics are the 3 Penny Stocks to watch on May 13, 2025, based on TipRanks’ Penny Stock Screener tool. Penny stocks are defined as stocks that trade at or below $5 per share and have a market capitalization of below $300 million.
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The Penny Stock Screener helps investors scan stocks based on numerous parameters, including Sector, Price Target Upside, Smart Score, Analyst Consensus, Dollar Volume, and Price Change.
We leveraged the tool to pick the top three penny stocks with the highest Dollar Volume as of the close on May 12, 2025. Simply put, Dollar Volume is the number of shares traded on a particular day multiplied by the day’s share price.
DevvStream (DEVS) – DevvStream is a carbon management firm that develops and invests in green projects, engages in the sale of environmental assets, and provides innovative carbon management solutions. On May 12, DEVS had a Dollar Volume of $387.65 million, while its stock price skyrocketed by 290.9%.
The company’s shares rose in reaction to its announcement on May 9 of a strategic collaboration. DevvStream’s affiliate, Monroe Sequestration Partners, signed an agreement with Southern Energy for the development of a $1 billion methanol and sustainable aviation fuel (SAF) facility in Louisiana. The project aims to generate high-quality carbon credits and aid the global decarbonization efforts of the aviation and maritime transport industries.
Gryphon Digital Mining (GRYP) – Gryphon Digital Mining operates within the cryptocurrency sector, with the aim of offering efficient artificial intelligence (AI) computing and bitcoin mining operations. GRYP had a Dollar Volume of $384.49 million yesterday, accompanied by a stock price surge of 173%.
On May 12, Gryphon Digital Mining announced that it has entered into a definitive merger agreement with American Bitcoin Corp. in an all-stock transaction. Upon closure of the merger, the combined company will operate under the American Bitcoin name and trade on the Nasdaq stock exchange under the ticker symbol “ABTC.” American Bitcoin was formed in March 2025 through a partnership between Hut 8 Corp. (HUT) and U.S. President Donald Trump’s son, Eric Trump.
CytomX Therapeutics (CTMX) – CytomX Therapeutics is a clinical-stage biopharmaceutical company, focused on developing novel therapies for the treatment of cancer. CTMX had a Dollar Volume of $243.15 million on May 12, while its stock price soared by 129.4%.
CytomX made several important announcements yesterday, leading to the jump in its share price. First, the company surpassed consensus estimates for both sales and earnings per share (EPS) in Q1FY25. Additionally, CytomX announced positive interim data from Phase 1 Escalation Study of EpCAM Antibody Conjugate (CX-2051) candidate in patients suffering from advanced colorectal cancer. Finally, CytomX announced the pricing of underwritten offering of up to 76,923,076 common shares at $1.30 per share. The company aims to generate gross proceeds of $100 million from the offering. The net proceeds are intended to be used for research and development, general corporate purposes, and working capital needs.
To find more penny stocks like these, you can take a look at TipRanks’ Penny Stock Screener tool. It shows a list of all penny stocks, their price movement, and other vital data.