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The ASX200 is set to open virtually flat, reflecting a cautious mood influenced by the Federal Reserve's recent decision and ongoing trade tensions. In this context, penny stocks—though an outdated term—remain a relevant investment area, often representing smaller or newer companies with potential for growth. By focusing on those with robust financials and clear growth prospects, investors can uncover opportunities in these lesser-known stocks that may offer both stability and upside potential.
Top 10 Penny Stocks In Australia
Name | Share Price | Market Cap | Financial Health Rating |
CTI Logistics (ASX:CLX) | A$1.70 | A$136.93M | ★★★★☆☆ |
Accent Group (ASX:AX1) | A$1.90 | A$1.08B | ★★★★☆☆ |
EZZ Life Science Holdings (ASX:EZZ) | A$1.46 | A$68.87M | ★★★★★★ |
IVE Group (ASX:IGL) | A$2.64 | A$407.04M | ★★★★★☆ |
GTN (ASX:GTN) | A$0.61 | A$116.58M | ★★★★★★ |
GR Engineering Services (ASX:GNG) | A$2.77 | A$463.57M | ★★★★★★ |
Bisalloy Steel Group (ASX:BIS) | A$3.30 | A$156.59M | ★★★★★★ |
Regal Partners (ASX:RPL) | A$2.16 | A$726.11M | ★★★★★★ |
Navigator Global Investments (ASX:NGI) | A$1.56 | A$764.52M | ★★★★★☆ |
NRW Holdings (ASX:NWH) | A$2.76 | A$1.26B | ★★★★★☆ |
Click here to see the full list of 993 stocks from our ASX Penny Stocks screener.
Let's uncover some gems from our specialized screener.
Brisbane Broncos
Simply Wall St Financial Health Rating: ★★★★★★
Overview: Brisbane Broncos Limited, with a market cap of A$101.47 million, manages and operates the Brisbane Broncos Rugby League Football Team in Australia.
Operations: The company generates revenue primarily through its Sports Management and Entertainment segment, which brought in A$60.58 million.
Market Cap: A$101.47M
Brisbane Broncos Limited, with a market cap of A$101.47 million, operates without debt and has stable financials, with short-term assets exceeding both short- and long-term liabilities. The management team is considered experienced with an average tenure of four years. Despite a modest earnings growth of 1.6% over the past year, the company has achieved significant annual profit growth of 34.6% over five years and maintains high-quality earnings. Recently, it declared a dividend increase to A$0.02 per share for 2024, reflecting consistent revenue growth from A$75.21 million to A$81.57 million year-on-year.
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Dive into the specifics of Brisbane Broncos here with our thorough balance sheet health report.
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Gain insights into Brisbane Broncos' historical outcomes by reviewing our past performance report.
Hazer Group
Simply Wall St Financial Health Rating: ★★★★☆☆
Overview: Hazer Group Limited is a clean technology development company based in Australia, with a market capitalization of A$103.74 million.