The Australian market is showing resilience, with shares moving towards a modest gain despite volatility in global indices. As investors navigate these shifting conditions, penny stocks remain an intriguing area of interest. Although the term may seem outdated, it still represents smaller or less-established companies that can offer potential value. By focusing on those with strong financials and growth potential, investors might uncover promising opportunities among these lesser-known stocks.
Name
Share Price
Market Cap
Financial Health Rating
Alfabs Australia (ASX:AAL)
A$0.49
A$140.43M
★★★★★☆
EZZ Life Science Holdings (ASX:EZZ)
A$2.25
A$106.14M
★★★★★★
Dusk Group (ASX:DSK)
A$0.895
A$55.73M
★★★★★★
IVE Group (ASX:IGL)
A$2.79
A$428.8M
★★★★★☆
MotorCycle Holdings (ASX:MTO)
A$3.77
A$278.25M
★★★★★★
Pureprofile (ASX:PPL)
A$0.048
A$56.15M
★★★★★★
West African Resources (ASX:WAF)
A$3.04
A$3.47B
★★★★★★
LaserBond (ASX:LBL)
A$0.53
A$62.59M
★★★★★★
Service Stream (ASX:SSM)
A$2.27
A$1.39B
★★★★★★
Fleetwood (ASX:FWD)
A$2.95
A$272.39M
★★★★★★
Click here to see the full list of 418 stocks from our ASX Penny Stocks screener.
Let’s review some notable picks from our screened stocks.
Simply Wall St Financial Health Rating: ★★★★☆☆
Overview: DevEx Resources Limited, along with its subsidiaries, focuses on the exploration and evaluation of mineral properties in Australia, with a market cap of A$61.84 million.
Operations: The company’s revenue segment is derived from Exploration and Evaluation, amounting to A$0.36 million.
Market Cap: A$61.84M
DevEx Resources is a pre-revenue company with a market cap of A$61.84 million, focusing on mineral exploration in Australia. Despite having no debt and short-term assets of A$7.4 million exceeding both its short and long-term liabilities, the company faces financial challenges with less than a year of cash runway and ongoing unprofitability. Recent earnings reports show a net loss reduction to A$9.11 million for the year ended June 2025, yet auditors have expressed concerns about its ability to continue as a going concern. The management team is experienced but must navigate these financial hurdles carefully.
ASX:DEV Financial Position Analysis as at Nov 2025
Simply Wall St Financial Health Rating: ★★★★★★
Overview: GR Engineering Services Limited offers engineering, process control, automation, and construction services to the mining and mineral processing industries globally, with a market cap of A$613.49 million.
Operations: The company’s revenue is derived from two main segments: Oil and Gas, contributing A$95.93 million, and Mineral Processing, which accounts for A$383.09 million.
Market Cap: A$613.49M
GR Engineering Services, with a market cap of A$613.49 million, has demonstrated steady financial performance. The company reported sales of A$479.02 million for the year ended June 2025, an increase from the previous year, and net income rose to A$34.21 million. Despite a dividend yield of 6.56% that is not well covered by earnings or free cash flows, GR Engineering remains debt-free and maintains high-quality earnings with no shareholder dilution over the past year. Its short-term assets comfortably cover both short and long-term liabilities, reflecting robust financial health amid stable market conditions.
ASX:GNG Debt to Equity History and Analysis as at Nov 2025
Simply Wall St Financial Health Rating: ★★★★☆☆
Overview: Navigator Global Investments (ASX:NGI), operating as HFA Holdings Limited, is a fund management company based in Australia with a market capitalization of A$1.22 billion.
Operations: Navigator Global Investments generates revenue primarily through its Lighthouse segment, which accounts for $122.84 million.
Market Cap: A$1.22B
Navigator Global Investments has shown robust financial performance, with revenue growing to US$365.79 million and net income reaching US$119.36 million for the year ended June 2025. Despite a significant one-off gain of A$29.6 million impacting results, the company maintains high-quality earnings and has not diluted shareholders recently. With more cash than debt and stable weekly volatility, its financial stability is evident; however, short-term liabilities exceed short-term assets slightly. The upcoming leadership transition may influence strategic direction as Roger Davis prepares to assume the Chairmanship following Michael Shepherd’s retirement in November 2025.
ASX:NGI Financial Position Analysis as at Nov 2025
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.
Companies discussed in this article include ASX:DEV ASX:GNG and ASX:NGI.
This article was originally published by Simply Wall St.
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