Australian shares are poised for a modest rise, reflecting optimism from recent U.S. inflation data that exceeded expectations. As the market navigates these fluctuations, investors often seek opportunities in sectors that may offer growth potential at lower entry points. Penny stocks, despite being an older term, remain relevant as they can provide unique investment opportunities when backed by strong financials and fundamentals.
| Name | Share Price | Market Cap | Rewards & Risks |
| EZZ Life Science Holdings (ASX:EZZ) | A$1.775 | A$83.73M | ✅ 4 ⚠️ 2 View Analysis > |
| GTN (ASX:GTN) | A$0.62 | A$118.33M | ✅ 3 ⚠️ 2 View Analysis > |
| IVE Group (ASX:IGL) | A$2.70 | A$416.29M | ✅ 4 ⚠️ 2 View Analysis > |
| West African Resources (ASX:WAF) | A$2.36 | A$2.69B | ✅ 4 ⚠️ 1 View Analysis > |
| Southern Cross Electrical Engineering (ASX:SXE) | A$1.65 | A$436.28M | ✅ 5 ⚠️ 1 View Analysis > |
| Tasmea (ASX:TEA) | A$3.11 | A$732.78M | ✅ 3 ⚠️ 2 View Analysis > |
| Regal Partners (ASX:RPL) | A$2.11 | A$709.31M | ✅ 4 ⚠️ 2 View Analysis > |
| Lindsay Australia (ASX:LAU) | A$0.72 | A$228.36M | ✅ 4 ⚠️ 2 View Analysis > |
| Bisalloy Steel Group (ASX:BIS) | A$3.22 | A$152.79M | ✅ 3 ⚠️ 2 View Analysis > |
| CTI Logistics (ASX:CLX) | A$1.76 | A$141.76M | ✅ 4 ⚠️ 2 View Analysis > |
Click here to see the full list of 1,005 stocks from our ASX Penny Stocks screener.
Underneath we present a selection of stocks filtered out by our screen.
Simply Wall St Financial Health Rating: ★★★★★☆
Overview: Australian Vanadium Limited, with a market cap of A$86.35 million, is involved in mineral exploration activities in Australia through its subsidiary.
Operations: Australian Vanadium Limited has not reported any specific revenue segments.
Market Cap: A$86.35M
Australian Vanadium Limited, with a market cap of A$86.35 million, is pre-revenue, generating only A$11K in revenue. The company maintains a stable financial position with short-term assets of A$25.1 million exceeding both its short and long-term liabilities. Despite being debt-free for five years, it faces challenges with less than a year of cash runway and no profitability forecasted in the next three years. Recent developments include Bryah Resources withdrawing from their collaboration agreement despite securing a government grant of $49 million for Australian Vanadium's project initiatives. The management team is experienced but the board is relatively new.
Simply Wall St Financial Health Rating: ★★★★★★
Overview: Euroz Hartleys Group Limited is a diversified financial services company offering stockbroking, corporate finance, funds management, investment advice, financial advisory, and wealth management services to private, institutional, and corporate clients in Australia with a market cap of A$148.08 million.
Operations: The company generates revenue through its key segments of Wholesale (A$49.02 million), Private Wealth (A$52.96 million), and Funds Management (A$0.36 million).
Market Cap: A$148.08M
Euroz Hartleys Group, with a market cap of A$148.08 million, demonstrates financial stability as its short-term assets (A$115.9M) exceed both short and long-term liabilities. The company is debt-free and has shown significant earnings growth of 46.2% over the past year, surpassing industry averages despite a five-year decline trend. Its net profit margins have improved to 10.4%, reflecting operational efficiency gains. However, its dividend history is unstable and Return on Equity remains low at 9.2%. The seasoned management team contributes positively to the company's strategic direction amidst stable weekly volatility in stock performance.
Simply Wall St Financial Health Rating: ★★★★★★
Overview: Ionic Rare Earths Limited focuses on the mining, refining, and recycling of magnet and heavy rare earth elements across Australia, Uganda, and the United Kingdom with a market capitalization of A$57.94 million.
Operations: The company's revenue is derived from exploration activities amounting to A$2.29 million.
Market Cap: A$57.94M
Ionic Rare Earths Limited operates within the rare earth sector with a focus on mining and recycling, yet remains pre-revenue with A$2.29 million from exploration activities. Despite being debt-free, the company faces challenges such as a highly volatile share price and an inexperienced management team with an average tenure of 1.4 years. Recent developments include a private placement raising A$3 million through convertible notes, enhancing its short-term cash position but still leaving it with limited cash runway previously estimated at two months. The Makuutu Project in Uganda is strategically significant amidst global supply chain shifts, though profitability remains distant for IonicRE.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com