Top 3 penny stocks on ASX for November 2026

Following are the top three penny stocks to consider for November, supported by an impressive business update, recent results and a growth-led outlook.

 1. Austco Healthcare Limited (ASX: AHC)
2. Astral Resources NL (ASX: AAR)
3. GDI Property Group (ASX: GDI)

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Austco Healthcare Limited (ASX: AHC) is one of the fastest growing healthcare ASX penny stocks, which is currently trading at a market capitalisation of $104.93 million.

AHC had announced on 16 October 2026 that its wholly owned subsidiary, Austco Communication Systems Pty Ltd, has entered into a binding share purchase agreement to acquire 100% of shares in CareTech Systems Pty Ltd.

The agreement includes upfront cash consideration of ~$3.0 million and performance-based earnout of ~$1.04 million, making full consideration of $4.04 million.

Austco Healthcare had also announced on the same day, 16 October 2026, that it had also entered into a binding share purchase agreement to acquire a 100% stake in RTM Hold Co Pty Ltd.

The contract includes an upfront cash consideration of ~$9.44 million, subject to customary completion adjustments and performance-based cash earnout of ~$5.82 million.

Both acquisitions will benefit the company in transforming from selling individual healthcare communication products to an integrated healthcare technology solution, combining hardware, software and ongoing monitoring services.

Astral Resources NL (ASX: AAR) is one top minerals-based ASX penny stock which is currently trading at a market capitalisation of $253.23 million.

AAR had announced on 29 October 2026 its quarterly activities and cash flow report for the period ended September 2026. It has completed 141 RC holes covering 14,468m and 7 diamond drilling holes covering 4,465m at the Mandilla Gold Project. Astral received assay results for 11 diamond drilling holes covering 6,451m and 209 RC holes.

Mineral Mining Services (MMS) has completed the in-fill RC drilling program and reported assay results for 92 holes covering 5,229m at the Think Big deposit. The Spargoville Gold Project has updated the JORC-2012 Mineral Resource Estimate (MRE) of 8.5Mt at 1.0g/t Au for 281koz of contained gold.

AAR has reported net cash flow from operating activities of $265k and has incurred exploration & evaluation expenditure of $5.52 million. It has reported closing cash and cash equivalents at the end of the period of $59 million.

GDI Property Group (ASX: GDI) is one of the top real estate penny stocks, which is currently trading at a market capitalisation of $345.08 million and has a current annual unfranked dividend yield of 7.81%.

GDI had released its 2026 annual report for the period ended June 2026. FFO increased by 25% year on year to $44.5 million, with FFO per security increased by 24.5% year on year to 8.24 cps. It has reported net tangible assets per security of $1.21 per security with a portfolio occupancy of 90%.

It is leased over 20,937 sqm of lettable area through new leases, renewals and HOA for assets in both the Property Division and Funds Management Division.

GDI reduced drawn debt on the syndicated facility by $21 million, making gearing reduced to 33%. It has done a distribution per security of 5 cents per security, including 2.50 cents per security, in the form of the final FY26 distribution.

(Source: Company Announcements)