ASX Penny Stocks Spotlight: EcoGraf And Two Other Promising Picks

editorial-team@simplywallst.com (Simply Wall St)

Thu, May 15, 2025, 1:03 PM 4 min read

The Australian marketplace has shown resilience, with the ASX200 closing up 0.22% astatine 8,297 points, driven by gains successful the IT and Financial sectors. While penny stocks whitethorn look similar a relic of past trading days, they inactive connection unsocial opportunities for maturation successful smaller oregon newer companies. When these stocks are backed by beardown financials and coagulated fundamentals, they tin contiguous a accidental for important returns without galore of the emblematic risks associated with this conception of the market.

Click present to spot the afloat database of 997 stocks from our ASX Penny Stocks screener.

Here we item a subset of our preferred stocks from the screener.

Simply Wall St Financial Health Rating: ★★★★★★

Overview: EcoGraf Limited focuses connected the exploration and accumulation of graphite products for lithium-ion batteries and precocious manufacturing markets successful Tanzania and Australia, with a marketplace headdress of A$136.24 million.

Operations: The institution generates its gross chiefly from Australia, amounting to A$3.94 million.

Market Cap: A$136.24M

EcoGraf Limited, with a marketplace headdress of A$136.24 million, is pre-revenue and focuses connected processing environmentally sustainable graphite products for artillery anode materials. Recent milestones see the granting of a 2nd HFfree® purification patent successful Australia and palmy merchandise qualification results gathering precocious lawsuit specifications for spherical graphite. The institution has nary indebtedness and maintains capable currency runway exceeding 1 twelvemonth based connected existent escaped currency flow. Despite its unprofitability, EcoGraf's strategical advancements successful exertion and partnerships presumption it to perchance payment from expanding planetary request driven by legislative incentives successful the EU and US markets.

• Click present and entree our implicit fiscal wellness investigation study to recognize the dynamics of EcoGraf.

• Evaluate EcoGraf's humanities show by accessing our past show report.

Simply Wall St Financial Health Rating: ★★★★★★

Overview: Kairos Minerals Limited, with a marketplace headdress of A$68.40 million, is simply a assets exploration institution operating successful Australia done its subsidiaries.