Top 10 NZX small-cap stocks that are focused on growth

Summary

  • Small-cap stocks might present good investment opportunities to their investors.
  • Small companies can have a potential to evolve into a mid or large cap.
  • If considered from a long-term investment point of view, small-cap stocks have huge growth prospects.

Investing in small-cap stocks might prove to be very beneficial for the investors as they have tremendous growth potential, compared to the medium- and large-cap stock companies. Being comparatively low priced, the small-cap companies are good investments as with careful planning, they may transform into big companies and reward their investors with handsome returns.

That said, let us quickly glance through the 10 NZX-listed small-cap stocks.

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General Capital Limited (NZX:GEN)

Operating as a financial services company, General Capital Limited has a market capitalisation of nearly NZ$9 million. The Company had released its 2021 annual report stating that despite challenges posed by the pandemic, GEN succeeded in continuing its strong growth path.

Its revenue was NZ$4.9 million, and total assets were NZ$68.2 million during the said period, up 34% and 33%, respectively.

The Company is well positioned and plans to seek additional capital raising to foster its growth initiatives.

On 15 July, by the end of the trading session, General Capital was flat at NZ$0.056.

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Goodwood Capital Limited (NZX:GWC)

NZX-listed company Goodwood Capital Limited has a market capitalisation of about NZ$817,000. In its annual results for the year ended 31 March 2021, the Company revealed that it undertook the issue of new capital in order to strengthen its balance sheet and to provide additional working capital. GWC’s loss after taxation was recorded at NZ$307,206.

Moreover, the Company is seeking a suitable business opportunity to acquire or invest via a reverse takeover transaction.

On 15 July, by the end of the trading session, Goodwood Capital was flat at NZ$0.025.

Geo Limited (NZX:GEO)

Geo Limited is engaged in making web applications and has a market capitalisation of over NZ$14 million. GEO has revealed that its Non-Executive Chairman, who is also a major shareholder in the Company, hopes to step down from the position of Chairman around its AGM, which will be held in November this year.

Shares of Geo jumped by 3.31% at NZ$0.125, by the end of the trading session, on 15 July.

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Southern Charter Financial Group Limited (NZX:SNC)

Southern Charter Financial Group Limited has a market capitalisation of more than NZ$4.1 million.

It has recently released its annual report for 2021, wherein it has reported a net loss of NZ$117,616 for the year as compared to the preceding year's net loss of NZ$159,877.

However, with significant cash resources, SNC maintains a strong balance sheet. Also, it is focusing on investigating a suitable business opportunity to acquire or invest, for which talks are on.

By the end of the trading session, Southern Charter Financial Group remained unchanged at NZ$0.008, on 15 July.

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Blackwell Global Holdings Limited (NZX:BGI)

Another company offering financial services is Blackwell Global Holdings Limited with a market capitalisation of more than NZ$3 million.

 In its annual report for 2021, the Company plans to seek shareholders’ approval on its proposed capitalisation at the AGM, which is likely to be scheduled in August 2021.

Further, BGI plans to invest or acquire a suitable business opportunity and seeks additional capital raise in order to fund its future business growth.

On 15 July, by the end of the trading session, Blackwell Global Holdings was at flat NZ$0.06.

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Good Spirits Hospitality Limited (NZX:GSH)

Working in the hospitality space, Good Spirits Hospitality Limited has a market capitalisation of over NZ$4.6 million. It has executed an agreement to lease the Auckland Viaduct venue, a prime spot, which would later be redeveloped into a new and vibrant site.

The initial term of the agreement is for nine years and would help in cementing the Company’s position as a leading hospitality provider in the Viaduct.

Shares of Good Spirits Hospitality climbed by 8.11%at NZ$0.080, on 15 July, by the end of the trading session.

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Ascension Capital Limited (NZX:ACE)

Ascension Capital Limited has a market capitalisation of over NZ$1.9 million. The Company in its Annual Report for the year ended 31 March 2021, revealed that nearly NZ$150,500 was reported as loss after taxation. 

Also, it has appointed Sean Joyce and Roger Gower as the Company’s directors. Further, ACE undertook a series of capital raises and is looking forward to investing or acquiring a suitable business opportunity.

On 15 July, by the end of the trading session, the share price of Ascension Capital was flat at NZ$0.001.

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AFC Group Holdings Limited (NZX:AFC)

AFC Group Holdings Limited functions as a food research and development company with a market capitalisation of more than NZ$3.6 million. In its annual report for 2021, the Company revealed that it was continuously taking numerous measures to deal with the uncertainties imposed by the pandemic.

All its independent directors will continue to undertake a 30% pay cut. Moreover, in order to further cut down its expenses, the Company is planning to lease its office.

Also, AFC has recruited senior personnel who would help in enhancing the sales and profitability of the Company.

By the end of the trading session, shares of AFC Group Holdings remained unchanged at NZ$0.001, on 15 July.

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Chatham Rock Phosphate Limited (NZX:CRP)

Supplier of phosphate to the domestic and global agricultural sector, Chatham Rock Phosphate Limited has a market capitalisation of over NZ$5.3 million. It has recently completed the acquisition of Avenir Makatea Pty Limited.

As per the terms of the agreement, CRP has issued a considerable number of shares to former Avenir shareholders as well as to Colin Randall, Avenir’s Executive Chairman. Further, Randall has also been appointed to CRP’s Board.

Chatham Rock Phosphate gained 0.82% at NZ$0.123, by the end of the trading session, on 15 July.

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New Talisman Gold Mines Limited (NZX:NTL)

Focusing on mine development and mineral exploration, New Talisman Gold Mines Limited has a market capitalisation of more than NZ$11.16 million. The Company has recently acquired Canterbury Resources Limited’s Vanuatu assets.

Through this acquisition, NTL would be well placed in the Pacific region, which stretches from Japan through Vanuatu, Solomons and Philippines as well as Fiji to New Zealand.

On 15 July, by the end of the trading session, New Talisman Gold Mines was flat at NZ$0.004.

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