3 ASX Penny Stocks With Market Caps Under A$200M To Consider

Simply Wall St.10-23

Over the last 7 days, the Australian market has remained flat, although it is up 22% over the past year with earnings expected to grow by 12% per annum over the next few years. The term 'penny stocks'...

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The term 'penny stocks'...</p>\n\n<a href=\"https://finance.yahoo.com/news/3-asx-penny-stocks-market-170509679.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance_au","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 ASX Penny Stocks With Market Caps Under A$200M To Consider</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 ASX Penny Stocks With Market Caps Under A$200M To Consider\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-23 01:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/3-asx-penny-stocks-market-170509679.html><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Over the last 7 days, the Australian market has remained flat, although it is up 22% over the past year with earnings expected to grow by 12% per annum over the next few years. The term 'penny stocks'...</p>\n\n<a href=\"https://finance.yahoo.com/news/3-asx-penny-stocks-market-170509679.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7104","symbol_name":"黄金","start_time":0,"source_url":"https://finance.yahoo.com/news/3-asx-penny-stocks-market-170509679.html","article_id":"2477655913","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/qrnhoA9Y9l_fYJBd0ck5WA--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/983f2bdfe32b19227b1d118c45bf4f09"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2477655913","pubTimestamp":1729616709,"sourceInfo":{"source_id":"yahoofinance_au","name":"Yahoo Finance AU"},"weMediaInfo":null,"summary":"Over the last 7 days, the Australian market has remained flat, although it is up 22% over the past year with earnings expected to grow by 12% per annum over the next few years. The term 'penny stocks' might feel like a relic of past market eras, but they still represent potential value and growth opportunities for investors when paired with strong financials. In this article, we'll explore three penny stocks that stand out for their financial strength and potential in today's evolving market landscape.Overview: EMVision Medical Devices Ltd focuses on the research, development, and commercialization of neurodiagnostic technology for stroke diagnosis and monitoring, along with other medical imaging needs in Australia, with a market cap of A$175.31 million.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7104":"黄金","BK7095":"多种金属与采矿","BK7077":"建筑机械与重型卡车","NGI.AU":"NAVIGATOR GLOBAL INVESTMENTS","BK7502":"大麻概念","ATP.AU":"ATLAS PEARLS LTD","BK7132":"教育服务","EVO.AU":"EMBARK EARLY EDUCATION LTD","BK7045":"广告","CNB.AU":"CARNABY RESOURCES LTD","BK7070":"酒店、度假村与豪华游轮","EMV.AU":"EMVISION MEDICAL DEVICES LTD","XAO.AU":"标普/澳交所 普通股指数","XJO.AU":"标普/澳交所 200指数","BK7506":"金矿股","TIP.AU":"TEAMINVEST PRIVATE GROUP LTD","BK7007":"医疗保健设备","XKO.AU":"标普/澳交所 300指数","WAF.AU":"WEST AFRICAN RESOURCES LTD","GTN.AU":"GTN LTD","BK7131":"服装、服饰与奢侈品","BK7088":"工业机械","BK7062":"资产管理与托管银行","ANG.AU":"AUSTIN ENGINEERING LTD","BK7107":"家庭装饰零售","JYC.AU":"JOYCE CORPORATION LIMITED","MXI.AU":"MaxiParts Limited","LBL.AU":"LASERBOND LTD","HLO.AU":"Helloworld Travel Ltd"},"translate_title":"值得考虑的3只市值低于2亿澳元的ASX细价股","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ATP.AU":1,"ANG.AU":1,"WAF.AU":1,"TIP.AU":1,"NGI.AU":1,"MXI.AU":1,"LBL.AU":1,"JYC.AU":1,"HLO.AU":1,"GTN.AU":1,"EVO.AU":1,"EMV.AU":1,"XKO.AU":0.9,"XJO.AU":0.9,"XAO.AU":0.9,"CNB.AU":0.9},"content_text":"Over the last 7 days, the Australian market has remained flat, although it is up 22% over the past year with earnings expected to grow by 12% per annum over the next few years. The term 'penny stocks' might feel like a relic of past market eras, but they still represent potential value and growth opportunities for investors when paired with strong financials. In this article, we'll explore three penny stocks that stand out for their financial strength and potential in today's evolving market landscape.\nTop 10 Penny Stocks In Australia\n\n\n\nName\nShare Price\nMarket Cap\nFinancial Health Rating\n\n\nLaserBond (ASX:LBL)\nA$0.57\nA$66.82M\n★★★★★★\n\n\nEmbark Early Education (ASX:EVO)\nA$0.795\nA$126.84M\n★★★★☆☆\n\n\nMaxiPARTS (ASX:MXI)\nA$1.825\nA$100.95M\n★★★★★★\n\n\nAustin Engineering (ASX:ANG)\nA$0.50\nA$310.07M\n★★★★★☆\n\n\nHelloworld Travel (ASX:HLO)\nA$1.85\nA$298M\n★★★★★★\n\n\nNavigator Global Investments (ASX:NGI)\nA$1.70\nA$833.14M\n★★★★★☆\n\n\nWest African Resources (ASX:WAF)\nA$1.715\nA$1.95B\n★★★★★★\n\n\nAtlas Pearls (ASX:ATP)\nA$0.135\nA$58.82M\n★★★★★★\n\n\nGTN (ASX:GTN)\nA$0.47\nA$92.11M\n★★★★★★\n\n\nJoyce (ASX:JYC)\nA$3.90\nA$115.04M\n★★★★★★\n\n\n\nClick here to see the full list of 1,027 stocks from our ASX Penny Stocks screener.\nWe'll examine a selection from our screener results.\nCarnaby Resources\nSimply Wall St Financial Health Rating: ★★★★☆☆\nOverview: Carnaby Resources Limited, along with its subsidiaries, focuses on the exploration and development of mineral properties in Australia and has a market cap of A$67.06 million.\nOperations: Carnaby Resources Limited does not report any specific revenue segments as it is primarily engaged in the exploration and development of mineral properties in Australia.\nMarket Cap: A$67.06M\nCarnaby Resources, with a market cap of A$67.06 million, remains pre-revenue and unprofitable, reporting a net loss of A$12.09 million for the year ending June 2024. Despite trading significantly below its estimated fair value, the company faces challenges such as shareholder dilution and limited cash runway under one year. Positively, Carnaby is debt-free with short-term assets exceeding liabilities and an experienced board averaging five years tenure. However, recent removal from the S&P Global BMI Index could impact investor sentiment as it navigates financial hurdles while focusing on mineral exploration in Australia.\n\nUnlock comprehensive insights into our analysis of Carnaby Resources stock in this financial health report.\nReview our growth performance report to gain insights into Carnaby Resources' future.\n\n\n\n\n  ASX:CNB Financial Position Analysis as at Oct 2024\n \n\nEMVision Medical Devices\nSimply Wall St Financial Health Rating: ★★★★★☆\nOverview: EMVision Medical Devices Ltd focuses on the research, development, and commercialization of neurodiagnostic technology for stroke diagnosis and monitoring, along with other medical imaging needs in Australia, with a market cap of A$175.31 million.\nOperations: The company generates revenue primarily from the research and development of medical device technology, amounting to A$11.22 million.\nMarket Cap: A$175.31M\nEMVision Medical Devices Ltd, with a market cap of A$175.31 million, is pre-revenue and unprofitable but has demonstrated revenue growth to A$11.56 million for the year ending June 2024. The company recently launched its First Responder Proof of Concept device for stroke diagnosis in ambulances, highlighting its innovative approach in medical imaging. Despite shareholder dilution and negative return on equity at -14.74%, EMVision maintains a strong cash position exceeding short-term liabilities and has a sufficient cash runway for over two years if current free cash flow trends continue, supported by an experienced management team averaging 2.7 years tenure.\n\nNavigate through the intricacies of EMVision Medical Devices with our comprehensive balance sheet health report here.\nGain insights into EMVision Medical Devices' historical outcomes by reviewing our past performance report.\n\n\n\n\n  ASX:EMV Revenue & Expenses Breakdown as at Oct 2024\n \n\nTeaminvest Private Group\nSimply Wall St Financial Health Rating: ★★★★★★\nOverview: Teaminvest Private Group Limited is a private equity firm focused on middle market and mature companies through buyout and growth capital transactions, with a market cap of A$42.09 million.\nOperations: The company's revenue is primarily derived from its Equity segment, which accounts for A$98.82 million, followed by the Education & Corporate segment at A$4.23 million and the Wealth segment at A$3.04 million.\nMarket Cap: A$42.09M\nTeaminvest Private Group Limited, with a market cap of A$42.09 million, is unprofitable but maintains financial stability with short-term assets of A$40.6 million exceeding both short-term and long-term liabilities. The firm has reduced its debt to equity ratio significantly over five years, now at 0.5%, and has more cash than total debt. Despite negative return on equity at -1.47% and increasing losses over the past five years, the company declared a fully-franked final dividend of 1.50 cents per share in August 2024, reflecting confidence in its cash flow which covers debt well beyond requirements.\n\nClick here and access our complete financial health analysis report to understand the dynamics of Teaminvest Private Group.\nUnderstand Teaminvest Private Group's track record by examining our performance history report.\n\n\n\n\n  ASX:TIP Debt to Equity History and Analysis as at Oct 2024\n \n\nTurning Ideas Into Actions\n\nUnlock more gems! Our  ASX Penny Stocks screener has unearthed 1,024 more companies for you to explore.Click here to unveil our expertly curated list of 1,027  ASX Penny Stocks.\nAre you invested in these stocks already? Keep abreast of every twist and turn by setting up a portfolio with Simply Wall St, where we make it simple for investors like you to stay informed and proactive.\nSimply Wall St is a revolutionary app designed for long-term stock investors, it's free and covers every market in the world.\n\nInterested In Other Possibilities?\n\nExplore high-performing small cap companies that haven't yet garnered significant analyst attention.\nJump on the AI train with fast growing tech companies forging a new era of innovation.\nFind companies with promising cash flow potential yet trading below their fair value.\n\n 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.\nCompanies discussed in this article include ASX:CNB ASX:EMV and ASX:TIP.\nHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2477655913"}