ASX Penny Stocks To Watch In November 2024

Simply Wall St.11-04 12:08

As the ASX200 experiences a modest rise of 0.21% to 8,135 points, sector performance varies with Utilities leading gains and Energy lagging behind. In such a diverse market landscape, identifying ...

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In such a diverse market landscape, identifying ...</p>\n\n<a href=\"https://finance.yahoo.com/news/asx-penny-stocks-watch-november-040814835.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>ASX Penny Stocks To Watch In November 2024</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\">\nASX Penny Stocks To Watch In November 2024\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-04 12:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/asx-penny-stocks-watch-november-040814835.html><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>As the ASX200 experiences a modest rise of 0.21% to 8,135 points, sector performance varies with Utilities leading gains and Energy lagging behind. In such a diverse market landscape, identifying ...</p>\n\n<a href=\"https://finance.yahoo.com/news/asx-penny-stocks-watch-november-040814835.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":"BK7132","symbol_name":"教育服务","start_time":0,"source_url":"https://finance.yahoo.com/news/asx-penny-stocks-watch-november-040814835.html","article_id":"2480481342","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/p9AmAMKjf.qGqvNo1JBhgQ--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/587bca1ec4acb3634ab3a458c085a4fc"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2480481342","pubTimestamp":1730693294,"sourceInfo":{"source_id":"yahoofinance_au","name":"Yahoo Finance AU"},"weMediaInfo":null,"summary":"As the ASX200 experiences a modest rise of 0.21% to 8,135 points, sector performance varies with Utilities leading gains and Energy lagging behind. In such a diverse market landscape, identifying promising investment opportunities requires careful consideration of financial health and growth potential. Penny stocks, often associated with smaller or newer companies, still offer intriguing possibilities for investors seeking value at lower price points; when these stocks are supported by strong fundamentals, they can present an opportunity for significant returns.Click here to see the full list of 1,033 stocks from our ASX Penny Stocks screener.We're going to check out a few of the best picks from our screener tool.Review our historical performance report to gain insights into Auctus Investment Group's track record.ASX:AVC Financial Position Analysis as at Nov 2024. Overview: Optiscan Imaging Limited develops, manufactures, and commercializes endomicroscopic digital imaging technology so","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7132":"教育服务","BK7045":"广告","BK7070":"酒店、度假村与豪华游轮","ANG.AU":"AUSTIN ENGINEERING LTD","BK7007":"医疗保健设备","IGL.AU":"IVE GROUP LTD","MXI.AU":"MaxiParts Limited","HLO.AU":"Helloworld Travel 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","EVO.AU":"EMBARK EARLY EDUCATION LTD","LBL.AU":"LASERBOND LTD","NGI.AU":"NAVIGATOR GLOBAL INVESTMENTS","BK7107":"家庭装饰零售","OIL.AU":"OPTISCAN IMAGING LIMITED","AVC.AU":"AUCTUS INVESTMENT GROUP LTD","ATP.AU":"ATLAS PEARLS LTD","BK7077":"建筑机械与重型卡车","BK7095":"多种金属与采矿","PRN.AU":"PERENTI LTD","PRO.AU":"PROPHECY INTERNATIONAL HLDGS","JYC.AU":"JOYCE CORPORATION LIMITED","BK7024":"系统软件","BK7502":"大麻概念"},"translate_title":"2024年11月值得关注的澳大利亚证券交易所细价股","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ATP.AU":1,"AVC.AU":1,"ANG.AU":1,"PRN.AU":1,"OIL.AU":1,"NGI.AU":1,"MXI.AU":1,"LBL.AU":1,"JYC.AU":1,"IGL.AU":1,"HLO.AU":1,"EVO.AU":1,"PRO.AU":0.9},"content_text":"As the ASX200 experiences a modest rise of 0.21% to 8,135 points, sector performance varies with Utilities leading gains and Energy lagging behind. In such a diverse market landscape, identifying promising investment opportunities requires careful consideration of financial health and growth potential. Penny stocks, often associated with smaller or newer companies, still offer intriguing possibilities for investors seeking value at lower price points; when these stocks are supported by strong fundamentals, they can present an opportunity for significant returns.\nTop 10 Penny Stocks In Australia\n\n\n\nName\nShare Price\nMarket Cap\nFinancial Health Rating\n\n\nEmbark Early Education (ASX:EVO)\nA$0.77\nA$141.28M\n★★★★☆☆\n\n\nAustin Engineering (ASX:ANG)\nA$0.52\nA$322.48M\n★★★★★☆\n\n\nLaserBond (ASX:LBL)\nA$0.62\nA$72.68M\n★★★★★★\n\n\nMaxiPARTS (ASX:MXI)\nA$1.85\nA$102.34M\n★★★★★★\n\n\nHelloworld Travel (ASX:HLO)\nA$1.81\nA$291.55M\n★★★★★★\n\n\nNavigator Global Investments (ASX:NGI)\nA$1.665\nA$815.98M\n★★★★★☆\n\n\nPerenti (ASX:PRN)\nA$1.165\nA$1.08B\n★★★★★★\n\n\nAtlas Pearls (ASX:ATP)\nA$0.135\nA$58.82M\n★★★★★★\n\n\nJoyce (ASX:JYC)\nA$4.33\nA$127.72M\n★★★★★★\n\n\nIVE Group (ASX:IGL)\nA$2.12\nA$328.36M\n★★★★☆☆\n\n\n\nClick here to see the full list of 1,033 stocks from our ASX Penny Stocks screener.\nWe're going to check out a few of the best picks from our screener tool.\nAuctus Investment Group\nSimply Wall St Financial Health Rating: ★★★★★★\nOverview: Auctus Investment Group Limited, formerly Yonder and Beyond Group Limited, is a private equity and venture capital firm focusing on mid-market growth sectors, real estate, and infrastructure, with a market cap of A$43.75 million.\nOperations: The firm generates revenue of A$7.70 million from its Information Technology segment.\nMarket Cap: A$43.75M\nAuctus Investment Group has demonstrated a significant turnaround, becoming profitable this year with net income of A$2.01 million for the full year ended June 30, 2024, compared to a net loss previously. Despite this positive shift, revenue declined to A$3.77 million from A$16.14 million the prior year. The company maintains a strong balance sheet with no debt and short-term assets exceeding both short- and long-term liabilities. However, shareholder dilution occurred over the past year with shares outstanding increasing by 6.3%. The management team is experienced, averaging over six years in tenure.\n\nClick to explore a detailed breakdown of our findings in Auctus Investment Group's financial health report.\nReview our historical performance report to gain insights into Auctus Investment Group's track record.\n\n\n\n\n  ASX:AVC Financial Position Analysis as at Nov 2024\n \n\nOptiscan Imaging\nSimply Wall St Financial Health Rating: ★★★★★★\nOverview: Optiscan Imaging Limited develops, manufactures, and commercializes endomicroscopic digital imaging technology solutions for medical, translational, and pre-clinical applications across Australia, Germany, China, and the United States with a market cap of A$137.83 million.\nOperations: The company generates revenue from its Confocal Microscopes segment, amounting to A$2.99 million.\nMarket Cap: A$137.83M\nOptiscan Imaging faces challenges with declining sales, reporting A$1.16 million for the year ended June 30, 2024, down from A$1.68 million previously. The company remains unprofitable, with net losses widening to A$6.06 million from A$4.35 million the prior year. Despite this, Optiscan's financial position is relatively stable; it has more cash than debt and short-term assets of A$15.1 million exceed both short- and long-term liabilities significantly. Management and board members are experienced but must navigate increasing losses while maintaining a sufficient cash runway for over a year amidst ongoing operational challenges.\n\nJump into the full analysis health report here for a deeper understanding of Optiscan Imaging.\nGain insights into Optiscan Imaging's past trends and performance with our report on the company's historical track record.\n\n\n\n\n  ASX:OIL Financial Position Analysis as at Nov 2024\n \n\nProphecy International Holdings\nSimply Wall St Financial Health Rating: ★★★★★★\nOverview: Prophecy International Holdings Limited designs, develops, and markets computer software applications and services across various regions including Australia, New Zealand, the Middle East, North America, Europe, Africa, and Asia with a market cap of A$53.01 million.\nOperations: The company's revenue is primarily derived from its eMite segment at A$14.24 million, followed by SNARE at A$8.25 million, and a smaller contribution from the Legacy segment at A$0.70 million.\nMarket Cap: A$53.01M\nProphecy International Holdings, with a market cap of A$53.01 million, is navigating financial challenges despite a revenue increase to A$22.87 million for the year ended June 30, 2024. The company remains unprofitable, with net losses widening to A$4.24 million from the previous year's A$2.49 million. However, Prophecy's financial health is supported by short-term assets of A$17.4 million exceeding both short- and long-term liabilities and being debt-free for five years. Its seasoned management team has maintained a sufficient cash runway for over three years while avoiding shareholder dilution amidst stable volatility levels.\n\nClick here and access our complete financial health analysis report to understand the dynamics of Prophecy International Holdings.\nEvaluate Prophecy International Holdings' historical performance by accessing our past performance report.\n\n\n\n\n  ASX:PRO Financial Position Analysis as at Nov 2024\n \n\nSumming It All Up\n\nReveal the 1,033 hidden gems among our  ASX Penny Stocks screener with a single click here.\nShareholder in one or more of these companies? Ensure you're never caught off-guard by adding your portfolio in Simply Wall St for timely alerts on significant stock developments.\nMaximize your investment potential with Simply Wall St, the comprehensive app that offers global market insights for free.\n\nSeeking Other Investments?\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:AVC ASX:OIL and ASX:PRO.\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/2480481342"}