Yahoo Finance

Operations: The company currently does not report any specific revenue segments.

Market Cap: A$9.71M

Magnum Mining and Exploration Limited, with a market cap of A$9.71 million, remains pre-revenue, highlighting its speculative nature typical of penny stocks. The company is debt-free, which marks an improvement from five years ago when it had a high debt to equity ratio. However, it faces challenges with less than one year of cash runway and increasing losses over the past five years at 17% annually. Although short-term assets exceed liabilities, the inexperienced board and volatile share price add uncertainty to its financial stability in the near term.

• Take a closer look at Magnum Mining and Exploration's potential here in our financial health report.

• Assess Magnum Mining and Exploration's previous results with our detailed historical performance reports.

Shriro Holdings

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

Overview: Shriro Holdings Limited, with a market cap of A$75.20 million, manufactures, markets, and distributes consumer products in Australia, New Zealand, and internationally.

Operations: The company's revenue segments include Australia generating A$71.48 million, New Zealand contributing A$40.05 million, and the Rest of the World accounting for A$7.97 million.

Market Cap: A$75.2M

Shriro Holdings Limited, with a market cap of A$75.20 million, operates without debt, providing financial stability uncommon in penny stocks. Despite this strength, the company has experienced negative earnings growth over the past year and declining profit margins from 7.9% to 6.1%. Its management team and board are seasoned, contributing to governance stability. Trading significantly below its estimated fair value suggests potential undervaluation; however, its unstable dividend track record may concern income-focused investors. Recent executive changes include Duncan Glasgow assuming joint Company Secretary duties during Kerry Smith's maternity leave, indicating continuity in corporate governance amidst personnel shifts.

• Click to explore a detailed breakdown of our findings in Shriro Holdings' financial health report.

• Gain insights into Shriro Holdings' past trends and performance with our report on the company's historical track record.

Make It Happen

• Investigate our full lineup of 1,051 ASX Penny Stocks right here.

• Are these companies part of your investment strategy? Use Simply Wall St to consolidate your holdings into a portfolio and gain insights with our comprehensive analysis tools.

• Simply Wall St is your key to unlocking global market trends, a free user-friendly app for forward-thinking investors.

Contemplating Other Strategies?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.

• Jump on the AI train with fast growing tech companies forging a new era of innovation.

• Find companies with promising cash flow potential yet trading below their fair value.

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.

Companies discussed in this article include ASX:ATP ASX:MGU and ASX:SHM.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com