As the ASX 200 hovers above 9,000 points, investors are cautiously evaluating their next moves amid global economic uncertainties and local market dynamics. In this context, penny stocks—though often seen as a nod to earlier market trends—remain relevant for those seeking opportunities beyond the mainstream. These stocks typically involve smaller or newer companies and can offer significant growth potential when backed by strong financials.
Top 10 Penny Stocks In Australia
| Name | Share Price | Market Cap | Rewards & Risks |
| EZZ Life Science Holdings (ASX:EZZ) | A$2.72 | A$128.31M | ✅ 4 ⚠️ 2 View Analysis > |
| GTN (ASX:GTN) | A$0.39 | A$74.36M | ✅ 4 ⚠️ 2 View Analysis > |
| IVE Group (ASX:IGL) | A$3.03 | A$467.17M | ✅ 4 ⚠️ 2 View Analysis > |
| SHAPE Australia (ASX:SHA) | A$4.28 | A$354.12M | ✅ 3 ⚠️ 1 View Analysis > |
| West African Resources (ASX:WAF) | A$2.70 | A$3.08B | ✅ 4 ⚠️ 1 View Analysis > |
| Regal Partners (ASX:RPL) | A$3.12 | A$1.05B | ✅ 4 ⚠️ 2 View Analysis > |
| Bravura Solutions (ASX:BVS) | A$2.28 | A$1.02B | ✅ 3 ⚠️ 3 View Analysis > |
| Austco Healthcare (ASX:AHC) | A$0.37 | A$135.23M | ✅ 4 ⚠️ 1 View Analysis > |
| Bisalloy Steel Group (ASX:BIS) | A$4.37 | A$207.36M | ✅ 3 ⚠️ 1 View Analysis > |
| CTI Logistics (ASX:CLX) | A$1.86 | A$149.81M | ✅ 4 ⚠️ 2 View Analysis > |
Click here to see the full list of 454 stocks from our ASX Penny Stocks screener.
Underneath we present a selection of stocks filtered out by our screen.
OFX Group (ASX:OFX)
Simply Wall St Financial Health Rating: ★★★★★☆
Overview: OFX Group Limited offers international payments and foreign exchange services across the Asia Pacific, North America, Europe, the Middle East, and Africa with a market cap of A$198.70 million.
Operations: The company's revenue is derived from the Asia Pacific region (A$90.31 million), North America (A$86.63 million), Europe (A$33.77 million), and its Treasury operations (A$11.23 million).
Market Cap: A$198.7M
OFX Group Limited, with a market cap of A$198.70 million, is actively managing its capital through a share repurchase program aimed at buying back up to 9.96% of its issued shares by August 2026. The company demonstrates financial stability with short-term assets (A$421M) exceeding both short- and long-term liabilities, and cash surpassing total debt. Despite high-quality earnings and stable weekly volatility, OFX faces challenges such as negative earnings growth over the past year and a low return on equity of 13.7%. Its valuation appears attractive as it trades significantly below estimated fair value.
- Navigate through the intricacies of OFX Group with our comprehensive balance sheet health report here.
- Evaluate OFX Group's prospects by accessing our earnings growth report.
Tribune Resources (ASX:TBR)
Simply Wall St Financial Health Rating: ★★★★★★
Overview: Tribune Resources Limited, along with its subsidiaries, focuses on the development, exploration, and production of mineral properties in Australia and has a market cap of A$252.90 million.
Operations: The company's revenue is primarily generated from its mining and exploration operations, amounting to A$136.09 million.
Market Cap: A$252.9M
Tribune Resources Limited, with a market cap of A$252.90 million, shows financial strength with short-term assets (A$213.7M) significantly surpassing both its short- and long-term liabilities. The company is debt-free and has experienced substantial earnings growth of 78.7% over the past year, outperforming the industry average. Its net profit margins have improved from last year, now at 9.1%. Despite low return on equity at 5.8%, Tribune's valuation appears compelling as it trades well below estimated fair value while maintaining high-quality earnings without shareholder dilution in the past year.
- Get an in-depth perspective on Tribune Resources' performance by reading our balance sheet health report here.
- Gain insights into Tribune Resources' past trends and performance with our report on the company's historical track record.
3D Energi (ASX:TDO)
Simply Wall St Financial Health Rating: ★★★★☆☆
Overview: 3D Energi Limited is engaged in the exploration and development of upstream oil and gas assets in Australia, with a market capitalization of A$43.35 million.
Operations: Currently, there are no reported revenue segments for 3D Energi Limited.
Market Cap: A$43.35M
3D Energi Limited, with a market cap of A$43.35 million, is pre-revenue and focused on the exploration of oil and gas assets. Recent advancements in seismic technology have significantly de-risked their exploration prospects, leading to the identification of 51 drillable opportunities with an aggregated prospective resource of 9.2 Tcf in the Otway Basin. The company benefits from a debt-free balance sheet and has not experienced shareholder dilution recently. While currently unprofitable, it has reduced losses over five years by 29.4% annually. The board's seasoned experience supports strategic decision-making as they advance towards drilling phases starting Q3 2025.
- Click here to discover the nuances of 3D Energi with our detailed analytical financial health report.
- Learn about 3D Energi's historical performance here.
Make It Happen
- Unlock more gems! Our ASX Penny Stocks screener has unearthed 451 more companies for you to explore.Click here to unveil our expertly curated list of 454 ASX Penny Stocks.
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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.
Valuation is complex, but we're here to simplify it.
Discover if Tribune Resources might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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