Unlock stock picks and a broker-level newsfeed that powers Wall Street.

3 ASX Penny Stocks Under A$300M Market Cap

In This Article:

The Australian market has shown resilience, with the ASX200 closing up 0.69% at 8,126 points, driven by strong performances in the IT and Real Estate sectors. In such a fluctuating landscape, identifying stocks with solid fundamentals becomes crucial for investors seeking opportunities beyond traditional large-cap investments. Penny stocks may be an outdated term, but they still offer intriguing prospects for growth when backed by robust financials and strategic positioning in their respective industries.

Top 10 Penny Stocks In Australia

Name

Share Price

Market Cap

Financial Health Rating

CTI Logistics (ASX:CLX)

A$1.695

A$136.52M

★★★★☆☆

Accent Group (ASX:AX1)

A$1.855

A$1.05B

★★★★☆☆

EZZ Life Science Holdings (ASX:EZZ)

A$1.415

A$66.75M

★★★★★★

IVE Group (ASX:IGL)

A$2.64

A$407.04M

★★★★★☆

GTN (ASX:GTN)

A$0.62

A$119.22M

★★★★★★

Bisalloy Steel Group (ASX:BIS)

A$3.38

A$160.38M

★★★★★★

Regal Partners (ASX:RPL)

A$1.875

A$630.31M

★★★★★★

Navigator Global Investments (ASX:NGI)

A$1.75

A$857.64M

★★★★★☆

Sugar Terminals (NSX:SUG)

A$1.10

A$360M

★★★★★★

NRW Holdings (ASX:NWH)

A$2.71

A$1.24B

★★★★★☆

Click here to see the full list of 988 stocks from our ASX Penny Stocks screener.

Here we highlight a subset of our preferred stocks from the screener.

Canyon Resources

Simply Wall St Financial Health Rating: ★★★★☆☆

Overview: Canyon Resources Limited, with a market cap of A$270.22 million, is involved in the exploration and development of mineral properties in West Africa through its subsidiaries.

Operations: Canyon Resources Limited does not currently report any revenue segments.

Market Cap: A$270.22M

Canyon Resources Limited, with a market cap of A$270.22 million, remains a pre-revenue company focused on the development of its Minim Martap Bauxite Project in Cameroon. Recent inclusion in the S&P/ASX Emerging Companies and All Ordinaries Indexes highlights growing investor interest. The company's strategic focus is on completing the Definitive Feasibility Study by Q3 2025 to solidify project viability and secure funding for production commencement in 2026. Despite leadership changes and trading policy issues, Canyon's management aims to leverage high-quality bauxite reserves for long-term growth while navigating cash runway constraints effectively.

ASX:CAY Debt to Equity History and Analysis as at Apr 2025
ASX:CAY Debt to Equity History and Analysis as at Apr 2025

SHAPE Australia

Simply Wall St Financial Health Rating: ★★★★★★

Overview: SHAPE Australia Corporation Limited operates in the construction, fitout, and refurbishment of commercial properties across Australia, with a market cap of A$264.77 million.