ASX:OMHMetals and Mining
3 ASX Penny Stocks With Market Caps Under A$400M To Consider
In the last week, the Australian market has stayed flat, but it is up 6.6% over the past year with earnings forecast to grow by 11% annually. For investors willing to explore beyond well-known names, penny stocks—often representing smaller or newer companies—can present intriguing opportunities. Though the term 'penny stock' might seem outdated, these stocks can still offer significant potential when backed by strong financials and balance sheet resilience.