3 UK Penny Stocks With Market Caps Under £30M To Watch

Operations: Currently, there are no reported revenue segments for the company.

Market Cap: £13.99M

Lexington Gold Ltd, with a market cap of £13.99 million, is pre-revenue and focuses on gold exploration in the US and South Africa. The company has recently entered into an agreement with Letsema Holdings and Gold One Africa to explore collaboration opportunities aimed at enhancing project viability in South Africa. Lexington’s financial position is stable, with short-term assets of $1.6M surpassing liabilities of $875K, and it remains debt-free. The seasoned management team has overseen the company’s transition to profitability over the past year, although its return on equity remains low at 0.4%.

Simply Wall St Financial Health Rating: ★★★★★★

Overview: XLMedia PLC is a digital media company that produces content to link audiences with advertisers in North America and Europe, with a market cap of £23.46 million.

Operations: The company’s revenue segment includes Publishing, which generated $43.76 million.

Market Cap: £23.46M

XLMedia PLC, with a market cap of £23.46 million, is currently unprofitable and has experienced increased losses over the past five years. Despite being debt-free and having short-term assets of $40.5M that exceed both its short-term ($18.9M) and long-term liabilities ($1.4M), its share price remains highly volatile compared to most UK stocks. Recent developments include planned suspension from AIM in May 2025 following asset disposals in North America, leading to board changes and preparations for liquidation by June 2025, which may impact shareholder value amidst ongoing strategic shifts within the company’s structure.

• Explore the 469 names from our UK Penny Stocks screener here.

• Got skin in the game with these stocks? Elevate how you manage them by using Simply Wall St’s portfolio, where intuitive tools await to help optimize your investment outcomes.

• Invest smarter with the free Simply Wall St app providing detailed insights into every stock market around the globe.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include AIM:FDBK AIM:LEX and AIM:XLM.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]