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GTN Leads The Charge With 2 ASX Penny Stocks

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In a turbulent week marked by significant market fluctuations and ongoing trade tensions between China and the U.S., Australian shares have felt the pressure, with the ASX 200 futures pointing to a challenging close. Despite these broader market challenges, penny stocks continue to capture attention as potential growth opportunities for investors willing to explore smaller or newer companies. Although the term "penny stocks" may seem outdated, these investments can still offer substantial upside when supported by strong financial health and solid fundamentals.

Top 10 Penny Stocks In Australia

Name

Share Price

Market Cap

Financial Health Rating

CTI Logistics (ASX:CLX)

A$1.57

A$122.48M

★★★★☆☆

MotorCycle Holdings (ASX:MTO)

A$2.00

A$147.61M

★★★★★★

Accent Group (ASX:AX1)

A$1.785

A$1.01B

★★★★☆☆

EZZ Life Science Holdings (ASX:EZZ)

A$1.32

A$62.27M

★★★★★★

IVE Group (ASX:IGL)

A$2.38

A$366.95M

★★★★★☆

GTN (ASX:GTN)

A$0.62

A$119.49M

★★★★★★

Bisalloy Steel Group (ASX:BIS)

A$3.13

A$148.52M

★★★★★★

Regal Partners (ASX:RPL)

A$1.72

A$578.2M

★★★★★★

Southern Cross Electrical Engineering (ASX:SXE)

A$1.66

A$438.69M

★★★★★★

NRW Holdings (ASX:NWH)

A$2.41

A$1.1B

★★★★★☆

Click here to see the full list of 979 stocks from our ASX Penny Stocks screener.

Below we spotlight a couple of our favorites from our exclusive screener.

GTN

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

Overview: GTN Limited operates broadcast media advertising platforms providing traffic and news reports to radio stations in Australia, Canada, the United Kingdom, and Brazil with a market cap of A$119.49 million.

Operations: The company generates revenue from its advertising segment, totaling A$186.15 million.

Market Cap: A$119.49M

GTN Limited, with a market cap of A$119.49 million, has shown significant earnings growth, reporting A$96.7 million in sales for the half-year ending December 2024 and a net income increase to A$4.86 million. Its earnings have grown by 52.6% over the past year, surpassing industry averages and indicating robust financial health with more cash than total debt and well-covered interest payments. However, its dividend yield of 7.97% is not well covered by earnings, suggesting potential sustainability issues. Recent management changes include Ben Brooks as CFO, bringing extensive media experience to GTN's leadership team amidst an inexperienced board and management tenure.

ASX:GTN Revenue & Expenses Breakdown as at Apr 2025
ASX:GTN Revenue & Expenses Breakdown as at Apr 2025

Harvey Norman Holdings

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