ASX:FMLMetals and Mining
ASX Penny Stock Highlights For January 2026
The Australian market is currently buzzing with potential mergers and acquisitions, highlighted by notable discussions between major players like BlueScope Steel and Rio Tinto. Amidst these developments, the allure of penny stocks remains significant for investors looking beyond blue-chip names. Although the term "penny stocks" may seem outdated, these smaller or newer companies can offer a blend of affordability and growth potential when backed by strong financials.