Previous Close | 0.6400 |
Open | 0.6500 |
Bid | 0.6700 x 2277900 |
Ask | 0.6800 x 200000 |
Day's Range | 0.6500 - 0.6700 |
52 Week Range | 0.4300 - 1.0000 |
Volume | |
Avg. Volume | 48,100 |
Market Cap | 257.785M |
Beta (5Y Monthly) | 0.69 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -0.0000 |
Earnings Date | Feb 23, 2025 - Feb 27, 2025 |
Forward Dividend & Yield | 0.04 (5.68%) |
Ex-Dividend Date | Mar 07, 2024 |
1y Target Est | 0.72 |
Over the last 7 days, the Australian market has risen 1.5%, contributing to a 17% increase over the past year, with earnings forecasted to grow by 12% annually. For investors interested in smaller or newer companies, penny stocks—despite their somewhat outdated name—can still present intriguing opportunities when backed by strong financials. This article explores several penny stocks that stand out for their financial strength and potential for long-term growth.
The Australian market has seen a slight uptick, with the ASX200 rising by 0.1% to 8,212 points, as sectors like Staples and Discretionary show resilience amidst broader economic challenges. Penny stocks, though an outdated term for some, still represent a viable investment area by highlighting smaller or less-established companies that may offer significant value. By focusing on those with strong financial foundations and clear growth potential, investors can uncover opportunities in these...