Penny Stocks on the ASX with Market Caps Below A$400 Million Worth Considering

March 13, 2025 05:30 PM AEDT | By Team Kalkine Media

Penny Stocks on the ASX with Market Caps Below A$400 Million Worth Considering — Image source: Shutterstock

Duratec (ASX:DUR)

Duratec Limited, engaged in services for steel and concrete infrastructure in Australia, has a market cap of A$386.88 million. The company has diversified revenue streams with segments like Defence and Mining & Industrial, forecasting revenue between A$600 million and A$640 million.

Indiana Resources (ASX:IDA)

Indiana Resources Limited focuses on rare earth elements and gold exploration in Australia. The company is debt-free, and recent drilling indicates promising prospects despite challenges in cash flow.

Zeotech (ASX:ZEO)

Zeotech Limited, centered on mineral exploration in Australia, maintains a market cap of A$83.42 million. The company is pre-revenue but exhibits improved financial performance with a reduced net loss.

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