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Over the last 7 days, the Australian market has remained flat, but over the past 12 months, it has risen by an impressive 16%, with earnings projected to grow by 13% per annum in the coming years. For investors interested in smaller or newer companies, penny stocks—despite being a somewhat outdated term—remain relevant for their potential value and growth opportunities. By focusing on those with strong financial foundations, investors can uncover stocks that might offer both stability and long-term potential.
Top 10 Penny Stocks In Australia
Name | Share Price | Market Cap | Financial Health Rating |
Embark Early Education (ASX:EVO) | A$0.78 | A$143.12M | ★★★★☆☆ |
LaserBond (ASX:LBL) | A$0.575 | A$67.4M | ★★★★★★ |
Helloworld Travel (ASX:HLO) | A$1.995 | A$324.82M | ★★★★★★ |
Austin Engineering (ASX:ANG) | A$0.53 | A$328.68M | ★★★★★☆ |
MaxiPARTS (ASX:MXI) | A$1.69 | A$93.48M | ★★★★★★ |
SHAPE Australia (ASX:SHA) | A$2.85 | A$236.3M | ★★★★★★ |
Navigator Global Investments (ASX:NGI) | A$1.625 | A$796.38M | ★★★★★☆ |
Vita Life Sciences (ASX:VLS) | A$1.95 | A$109.66M | ★★★★★★ |
Duratec (ASX:DUR) | A$1.34 | A$337.74M | ★★★★★★ |
Servcorp (ASX:SRV) | A$4.97 | A$490.37M | ★★★★☆☆ |
Click here to see the full list of 1,049 stocks from our ASX Penny Stocks screener.
Let's explore several standout options from the results in the screener.
Bathurst Resources
Simply Wall St Financial Health Rating: ★★★★★☆
Overview: Bathurst Resources Limited is involved in the exploration, development, and production of coal in New Zealand with a market cap of A$148.30 million.
Operations: The company's revenue is derived from two main segments: export sales totaling NZ$340.55 million and domestic sales amounting to NZ$133.38 million.
Market Cap: A$148.3M
Bathurst Resources, with a market cap of A$148.30 million, derives significant revenue from export (NZ$340.55 million) and domestic sales (NZ$133.38 million) in New Zealand's coal sector. Its price-to-earnings ratio of 4.2x suggests it may be undervalued compared to the broader Australian market average of 20.3x. Despite experiencing negative earnings growth over the past year (-57.4%), Bathurst has no debt and maintains high-quality earnings with a seasoned management team averaging 7.3 years in tenure. Short-term assets cover liabilities, though long-term liabilities slightly exceed short-term assets by NZ$0.1M, indicating financial stability challenges ahead.
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Jump into the full analysis health report here for a deeper understanding of Bathurst Resources.
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Gain insights into Bathurst Resources' historical outcomes by reviewing our past performance report.
Falcon Metals
Simply Wall St Financial Health Rating: ★★★★★★
Overview: Falcon Metals Limited is involved in the discovery, exploration, and development of mineral deposits in Australia with a market cap of A$27.44 million.