4 min read
Over the last 7 days, the Australian market has dropped 1.1%, although it has risen by 11% over the past year, with earnings forecasted to grow annually by a similar margin. For investors willing to explore beyond well-known names, penny stocks—often smaller or newer companies—can offer intriguing opportunities. While the term might evoke earlier market trends, these stocks still hold relevance today as they can provide value and growth potential when backed by strong financials.
| Name | Share Price | Market Cap | Financial Health Rating |
| Alfabs Australia (ASX:AAL) | A$0.495 | A$141.86M | ★★★★★☆ |
| EZZ Life Science Holdings (ASX:EZZ) | A$2.20 | A$103.78M | ★★★★★★ |
| Dusk Group (ASX:DSK) | A$0.87 | A$54.17M | ★★★★★★ |
| IVE Group (ASX:IGL) | A$2.84 | A$439.14M | ★★★★★☆ |
| MotorCycle Holdings (ASX:MTO) | A$3.62 | A$267.18M | ★★★★★★ |
| Veris (ASX:VRS) | A$0.07 | A$36.24M | ★★★★★★ |
| SHAPE Australia (ASX:SHA) | A$4.35 | A$358.2M | ★★★★★★ |
| West African Resources (ASX:WAF) | A$3.04 | A$3.47B | ★★★★★★ |
| Tasmea (ASX:TEA) | A$4.46 | A$1.09B | ★★★★★☆ |
| Praemium (ASX:PPS) | A$0.785 | A$375.39M | ★★★★★★ |
Click here to see the full list of 440 stocks from our ASX Penny Stocks screener.
Below we spotlight a couple of our favorites from our exclusive screener.
Simply Wall St Financial Health Rating: ★★★★★★
Overview: Altair Minerals Limited focuses on the exploration of natural resources in Australia and Canada, with a market capitalization of A$73.04 million.
Operations: Altair Minerals Limited has not reported any specific revenue segments.
Market Cap: A$73.04M
Altair Minerals Limited, with a market cap of A$73.04 million, is pre-revenue and debt-free, but faces challenges such as increased volatility and unprofitability with losses growing at 23.7% per year over the past five years. The company recently raised A$3.2 million through a follow-on equity offering to extend its cash runway beyond the current 7 months based on free cash flow estimates. Although short-term assets comfortably exceed liabilities, the board's inexperience and high share price volatility could pose risks for investors seeking stability in this penny stock investment.
Simply Wall St Financial Health Rating: ★★★★★★
Overview: Finbar Group Limited, along with its subsidiaries, is involved in property development and investment in Australia with a market cap of A$216.34 million.
Operations: The company's revenue is primarily derived from Residential Apartment Development at A$262.62 million, supplemented by income from Rental of Property at A$10.15 million, Corporate and Overheads at A$8.15 million, and Commercial Office/Retail Development at A$9.81 million.
