Spotlight On 3 UK Penny Stocks With Market Caps Over £2M

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The United Kingdom market remained flat over the last week, with a 6.1% rise in the past 12 months and earnings forecasted to grow by 15% annually. In such a climate, identifying stocks that offer both value and growth potential is crucial for investors seeking opportunities beyond larger firms. Penny stocks, though an outdated term, still signify smaller or less-established companies that can provide significant returns when backed by strong financials; this article highlights three such stocks with promising prospects.

Top 10 Penny Stocks In The United Kingdom

Name

Share Price

Market Cap

Financial Health Rating

ME Group International (LSE:MEGP)

£2.115

£796.86M

★★★★★★

Next 15 Group (AIM:NFG)

£3.76

£373.95M

★★★★☆☆

Solid State (AIM:SOLI)

£1.202751

£69.6M

★★★★★★

Serabi Gold (AIM:SRB)

£0.8975

£67.4M

★★★★★★

Supreme (AIM:SUP)

£1.635825

£190.08M

★★★★★★

Ultimate Products (LSE:ULTP)

£1.225

£104.12M

★★★★★★

Luceco (LSE:LUCE)

£1.278

£197.1M

★★★★★☆

Stelrad Group (LSE:SRAD)

£1.38

£175.75M

★★★★★☆

Integrated Diagnostics Holdings (LSE:IDHC)

$0.39

$226.72M

★★★★★★

Impax Asset Management Group (AIM:IPX)

£3.20

£409.48M

★★★★★★

Click here to see the full list of 463 stocks from our UK Penny Stocks screener.

Underneath we present a selection of stocks filtered out by our screen.

Mineral & Financial Investments

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

Overview: Mineral & Financial Investments Limited is an investment company that focuses on natural resources, minerals, metals, and oil and gas projects in the Cayman Islands with a market cap of £3.90 million.

Operations: No specific revenue segments have been reported.

Market Cap: £3.9M

Mineral & Financial Investments Limited, with a market cap of £3.90 million, has demonstrated significant earnings growth of 29.4% over the past year, surpassing its five-year average and the broader Capital Markets industry. The company reported revenues of £2.57 million for the year ending June 2024, indicating it is not pre-revenue despite limited revenue streams. Its strong net profit margin improved to 78.1%, and it maintains a solid financial position with more cash than total debt and short-term assets significantly exceeding liabilities. However, negative operating cash flow suggests challenges in covering debt through operations alone.

AIM:MAFL Revenue & Expenses Breakdown as at Nov 2024
AIM:MAFL Revenue & Expenses Breakdown as at Nov 2024

Enteq Technologies

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

Overview: Enteq Technologies Plc, along with its subsidiaries, offers reach and recovery products and technologies for the oil and gas services market across the United States, China, Europe, Central Asia, Australasia, and other international regions; it has a market cap of £2.92 million.