Spotlight on ASX Penny Stocks: Three Notable Selections Including OM Holdings

March 18, 2025 09:31 PM AEDT | By Team Kalkine Media

Spotlight on ASX Penny Stocks: Three Notable Selections Including OM Holdings — Image source: Shutterstock

OM Holdings (ASX:OMH)

OM Holdings Limited engages in mining, smelting, trading, and marketing of manganese ores and ferroalloys globally, with a market cap of A$248.41 million. Despite a drop in its net profit margin and net income, the company boasts forecasted earnings growth of 21.02% per year and maintains manageable debt levels with its net debt to equity ratio at 38.1%.

Wagners Holding (ASX:WGN)

With a market cap of A$306.76 million, Wagners Holding Company Limited produces and distributes construction materials globally. The company experienced a significant increase in net income over the past year despite a sales decline, and manages its debt effectively with a net debt to equity ratio at 13.9%.

Wellard (ASX:WLD)

Wellard Limited, with a market cap of A$90.31 million, operates in the supply of livestock and livestock vessels. Despite a recent decline in sales and a net loss for the last year, the company has reduced its losses over five years and maintains sufficient cash reserves for long-term sustainability.

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