As the Australian market experiences a mix of sector performances, with energy leading gains and real estate facing declines, investors are exploring diverse opportunities. Penny stocks, often representing smaller or newer companies, remain an intriguing area for those looking to uncover hidden potential in the market. Despite being considered a somewhat outdated term, these stocks can offer unique growth prospects when backed by solid financials and fundamentals.
Name |
Share Price |
Market Cap |
Financial Health Rating |
CTI Logistics (ASX:CLX) |
A$1.63 |
A$124.82M |
★★★★☆☆ |
Accent Group (ASX:AX1) |
A$1.80 |
A$1.02B |
★★★★☆☆ |
EZZ Life Science Holdings (ASX:EZZ) |
A$1.50 |
A$71M |
★★★★★★ |
IVE Group (ASX:IGL) |
A$2.46 |
A$380.05M |
★★★★★☆ |
GTN (ASX:GTN) |
A$0.63 |
A$126.66M |
★★★★★★ |
Bisalloy Steel Group (ASX:BIS) |
A$3.13 |
A$151.37M |
★★★★★★ |
NobleOak Life (ASX:NOL) |
A$1.405 |
A$130.66M |
★★★★★★ |
Regal Partners (ASX:RPL) |
A$2.37 |
A$872.03M |
★★★★★★ |
NRW Holdings (ASX:NWH) |
A$2.80 |
A$1.29B |
★★★★★☆ |
LaserBond (ASX:LBL) |
A$0.39 |
A$45.17M |
★★★★★★ |
Click here to see the full list of 980 stocks from our ASX Penny Stocks screener.
Here’s a peek at a few of the choices from the screener.
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 capitalization of A$148.75 million.
Operations: The company’s revenue is derived from two main segments: Export, contributing NZ$281.15 million, and Domestic, generating NZ$139.50 million.
Market Cap: A$148.75M
Bathurst Resources, with a market cap of A$148.75 million, has stable weekly volatility and is debt-free, enhancing its appeal among penny stocks. Despite high-quality past earnings and experienced management, recent performance shows challenges with negative earnings growth (-29.7%) over the past year and lower net profit margins (87.8%). The company recently completed follow-on equity offerings totaling approximately A$37 million but was dropped from the S&P/ASX All Ordinaries Index in March 2025. Its price-to-earnings ratio of 4.5x suggests good value relative to the broader Australian market average of 17.6x.
Simply Wall St Financial Health Rating: ★★★★★☆
Overview: Macmahon Holdings Limited offers surface and underground mining services, along with mining support and civil infrastructure, to clients in Australia and Southeast Asia, with a market cap of A$559.55 million.
Operations: The company’s revenue is derived from providing mining services and civil infrastructure solutions in Australia and Southeast Asia, totaling A$2.24 billion.
Market Cap: A$559.55M
Macmahon Holdings, with a market cap of A$559.55 million, presents a mixed picture for penny stock investors. The company’s revenue is robust at A$2.24 billion, but its earnings growth has been negative over the past year. Despite satisfactory debt levels and strong asset coverage for liabilities, net profit margins have declined to 2.1%. Recent developments include being dropped from the S&P/ASX Emerging Companies Index and reaffirming fiscal year 2025 revenue guidance between A$2.4 billion and A$2.5 billion, with an increased interim dividend reflecting a stable payout policy amidst fluctuating earnings performance.
Simply Wall St Financial Health Rating: ★★★★★★
Overview: Mastermyne Group Limited operates in Australia, offering mine operation, contracting, training, and related services within the mining and supporting industries, with a market cap of A$51.03 million.
Operations: The company generates revenue of A$266.24 million from its operations in Australia, focusing on mine operation, contracting, training, and related services within the mining sector.
Market Cap: A$51.03M
Mastermyne Group, with a market cap of A$51.03 million, offers potential yet comes with challenges for penny stock investors. Its revenue stands at A$266.24 million, but recent earnings have declined significantly compared to the previous year. The company has initiated a share buyback program aimed at reducing administrative costs and improving shareholder value. While its debt is well-managed and covered by operating cash flow, concerns remain over its low return on equity and unstable dividend track record. Despite these issues, Mastermyne’s short-term assets comfortably cover both short- and long-term liabilities, indicating financial stability amidst operational hurdles.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include ASX:BRL ASX:MAH and ASX:MYE.
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