Adriatic Metals And 2 Promising Undervalued Small Caps In Australia With Insider Action

In This Article:

The Australian market has recently seen a slight downturn with the ASX200 closing down 0.25% at 8,160 points, amidst a backdrop of rising gold prices as investors seek safe havens. In this environment, small-cap stocks may present unique opportunities for growth and resilience, particularly those demonstrating promising fundamentals and insider confidence.

Top 10 Undervalued Small Caps With Insider Buying In Australia

Name

PE

PS

Discount to Fair Value

Value Rating

GWA Group

16.0x

1.5x

43.27%

★★★★★★

Magellan Financial Group

8.1x

5.1x

32.90%

★★★★★☆

SHAPE Australia

14.5x

0.3x

32.85%

★★★★☆☆

Collins Foods

17.7x

0.7x

8.21%

★★★★☆☆

Dicker Data

19.5x

0.7x

-61.55%

★★★★☆☆

Eagers Automotive

11.1x

0.3x

37.69%

★★★★☆☆

Coventry Group

247.1x

0.4x

-23.54%

★★★☆☆☆

Abacus Storage King

11.9x

7.5x

-27.32%

★★★☆☆☆

BSP Financial Group

7.7x

2.7x

3.23%

★★★☆☆☆

Credit Corp Group

23.3x

3.1x

33.95%

★★★☆☆☆

Click here to see the full list of 25 stocks from our Undervalued ASX Small Caps With Insider Buying screener.

Let's uncover some gems from our specialized screener.

Adriatic Metals

Simply Wall St Value Rating: ★★★☆☆☆

Overview: Adriatic Metals is a mining company focused on the exploration and development of precious and base metal projects in Bosnia and Herzegovina, with a market cap of approximately $1.03 billion AUD.

Operations: ADT has reported no revenue for several periods, with recent figures showing a slight increase to $0.24 million as of October 2024. The company consistently incurs significant operating expenses, notably in general and administrative costs, which reached $32.77 million in the latest period. Despite the rise in revenue, ADT's net income remains negative at -$43.47 million, reflecting persistent financial challenges and resulting in a net income margin of -179.21%.

PE: -21.1x

Adriatic Metals, a small Australian company, is navigating its path with insider confidence as Laura Tyler recently purchased 28,380 shares for A$99,898. Despite reporting a net loss of US$23.82 million for the half-year ending June 2024 and sales of just US$243K, the company is poised for growth with production guidance set at up to 800,000 tonnes in 2025. Recent regulatory approvals for their Veovaca Tailings Storage Facility further solidify their operational capabilities without impacting current production plans.

ASX:ADT Share price vs Value as at Oct 2024
ASX:ADT Share price vs Value as at Oct 2024

Insignia Financial

Simply Wall St Value Rating: ★★★★★☆

Overview: Insignia Financial is a diversified financial services company operating in advice, platforms, and asset management, with a market capitalization of A$2.5 billion.