ASX Penny Stocks To Watch In November 2024
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 19 2024
0mins
Source: Yahoo Finance
Market Overview: The Australian market has remained flat recently but has seen a 17% increase over the past year, with earnings expected to grow by 13% annually. Several penny stocks have been identified as potential investment opportunities due to their strong financials and growth prospects.
Company Highlights: Genesis Minerals and Ora Banda Mining have reported profitability with significant revenue growth from gold mining operations, while Sayona Mining is currently unprofitable despite generating substantial revenue and maintaining a stable financial position.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
