Top 5 ASX Penny Stocks with Strong Trading Activity
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These five ASX penny stocks are showing growth through recent business developments, new opportunities, increased activity and expansion plans.
Aureka Limited (ASX: AKA)
Aureka Limited (ASX: AKA), on 26 October 2026, secured shareholder approval for its acquisition of High Grade Holdings Pty Ltd (HGH), owner of the producing Fiddlers Creek Gold Mine and Wedderburn Gold Processing Mill. The acquisition received 51,600,283 votes in favour and only five against, while all four resolutions gained at least 99.98% support.
On 5 November 2026, Aureka announced the grant of a seven-year Prospecting Licence for its Comstock Gold & Silver Project near St Arnaud, Victoria. Covering 4.5 hectares, the area includes the Walkers Zone and Comstock Shear. Further work includes resource definition, mine design and approvals, with ore planned for processing at Wedderburn Mill.
EBR Systems, Inc. (ASX: EBR)
EBR Systems, Inc. (ASX: EBR), on 12 October 2026, completed 40 WiSE commercial implants during Q3, taking total implants to 157. Revenue was expected to reach US$2.43–2.53 million. The company also completed an FDA inspection of its new Santa Clara manufacturing facility and achieved ISO 13485 certification.
On 20 October 2026, EBR submitted its application to the TGA for WiSE System inclusion on the ARTG. The application is expected to follow the Priority Review pathway granted in April 2026. Approval would allow Australian heart failure patients who have not benefited from conventional therapies to access its wireless pacing system.
Falcon Metals Ltd (ASX: FAL)
Falcon Metals Ltd (ASX: FAL), on 5 November 2026, announced completion of Stage 1 of its earn-in at the Errabiddy Gold Project, spending A$914,371 against the required A$750,000. Falcon now holds a 51% interest in the non-graphite rights, with West Coast Silver retaining 49% and full graphite ownership. Falcon has also elected to proceed to Stage 2, targeting a 70% interest through further expenditure of A$1.25 million by 13 October 2029.
Drilling at Olsen Well returned 16m at 2.2g/t gold, including 4m at 6.9g/t. Falcon completed 50 holes covering 6,499m and expanded its drilling programme to 7,500m, with results pending from 36 holes.
Famien Resources Ltd (ASX: FMN)
Famien Resources Ltd (ASX: FMN), on 27 October 2026, released its quarterly activities update for the September quarter. At the Gogo permit in Côte d’Ivoire, 3,672m of RC drilling across three targets intersected gold mineralisation in nearly all holes. Better results included 23m at 0.64g/t gold and 3m at 5.61g/t gold. Soil sampling continued across 28km² at Toumodi, while new permits expanded its exploration area by a net 1,226km².
On 29 October 2026, Famien completed the sale of its West Yilgarn assets in Western Australia to Voltaic Strategic Resources, supporting its focus on gold exploration in Cote d’Ivoire.
Biome Australia Ltd (ASX: BIO)
Biome Australia Ltd (ASX: BIO), on 9 November 2026, signed an exclusive distribution agreement with H&S Global to sell its Activated Probiotics range through cross-border e-commerce in mainland China. The launch is planned for early 2027, with a Year 1 purchase target of A$2 million by 31 December 2027, compared with FY26 international sales of A$1.8 million.
The products will enter China as Australian-made, clinically proven probiotics, backed by more than 30 clinical trials. The agreement provides an opportunity to expand Biome’s international business into one of the world’s largest probiotics markets.
(Source: Company Report)
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