Top 10 ASX growth stocks to watch in June 2025
Read on for an overview of growth stocks, why they’re special, and a list of the top 10 ASX growth stocks in June 2025, selected based on recent market news and ranked by the largest share price return over the past 3 months.
What is an ASX growth stock?
Growth stocks are shares in companies that are expected to grow much faster than a company's average growth within the wider market or within its specific sector.
Instead of paying dividends, any profits generated are ploughed back into the business to help accelerate growth. Accordingly, investors usually hope to profit from capital gains in the short term, with dividend income a potential outcome once major growth has been established.
Some of the best growth stocks, especially those in a specialist niche, trade at a high price-to-earnings ratio. Therefore, would-be investors usually pay a premium in the hope of future growth. However, growth stocks can see rapid declines if the company underperforms, even in just one quarter.
Common traits of the most popular ASX growth stocks often include holding patents or technologies that grant the company a unique marketplace advantage. Therefore, many have a loyal customer base and disproportionately high market share.
One key misunderstanding is that all growth stocks are small caps that have weaker financials or are confined to domestic business. While many are, larger companies can qualify as growth stocks depending on how much market share remains available.
As an extreme example, the US$570 billion market titan Tesla is still a growth stock, delivering less than one million of the 66.7 million automobiles sold in 2021.
Growth Stocks: high risk, high reward?
One of the best-known rules of investing is the risk-reward ratio, whereby investors balance an equilibrium in which higher-risk companies deliver either negative capital growth or far better rewards than value or income investing.
For context, penny stock investing is generally regarded as very high-risk but with the potential for exceptional returns.
Conversely, income stock investing through blue chip companies for dividends is relatively low risk, but returns can take years to become meaningful.
ASX growth stocks take their place somewhere in the middle. Of course, many investors
choose to invest in a diversified portfolio that includes multiple different growth stocks to account for the risk of an individual failure. And in this recessionary environment, it can make sense to buy the dip slowly through dollar-cost averaging to further mitigate the chances of losing capital.
Fundamentally, all investing comes with risk. Tesla proponents believe the EV trailblazer could one day become the automobile production market leader. However, any threat to this goal through competition or similar could cause a sharp correction in the future. Conversely, if Tesla succeeds, its future market cap may make the current valuation look small.
Another common growth stock example is biotech companies, some of whose valuations are underpinned by one drug or treatment. If the drug fails in the trial stages, the share price can collapse, as has happened to Synairgen, BridgeBio Pharma, Sensorion, and Rafael, among countless others.
What makes ASX growth stocks special right now?
ASX growth stocks are currently garnering significant attention due to their resilience and alignment with transformative global trends.
Despite broader economic challenges, these companies are thriving by capitalising on sectors such as technology, healthcare, and sustainability.
Technology firms like Xero and TechnologyOne have demonstrated robust growth through innovative software solutions that streamline business operations. In healthcare, companies like Mesoblast are advancing regenerative medicine therapies, addressing critical health challenges and attracting long-term investment. 
Moreover, the current market environment presents attractive opportunities for investors.
Recent corrections have led to more favourable valuations for many growth stocks, making this an opportune time for investment. As interest rates stabilise, companies in key sectors are well-positioned to deliver significant returns.
Additionally, the Australian market’s relative insulation from global trade tensions has bolstered investor confidence, further enhancing the appeal of ASX growth stocks.
ASX growth stocks stand out due to their innovative approaches, strong fundamentals, and strategic positioning within essential sectors. These attributes, combined with favourable market conditions, underscore their potential for sustained growth and investor returns.
With that in mind, here is a list of ten ASX growth stocks for investors to consider.
Remember, past performance is not an indicator of future returns.
Top 10 ASX growth stocks to watch
These shares have been selected due to their substantial share price returns over the past three months. While they may not necessarily represent the best long-term growth investments, they have garnered significant investor interest.
Dateline Resources Ltd (ASX: DTR)
Dateline Resources Limited is an Australian company focused on mining and exploration in North America.
The company has rocketed to the top of ASX growth charts this quarter thanks to renewed investor interest in its Colosseum Gold Project in California.
The company recently released an updated Scoping Study for the project, outlining a robust production target, which significantly boosted investor confidence. Additionally, Dateline has agreed to acquire an 80% interest in the Argos Strontium Project, further diversifying its mineral portfolio.
Dateline Resources Ltd has achieved a 1,733.3% share price return over the last three months.
Market cap: $262.96 million.
Otto Energy Ltd (ASX: OEL)
Otto Energy is a junior oil and gas explorer focused on the Gulf of Mexico.
The company’s recent share price surge has been driven by its announcement of a special dividend distribution, scheduled for June 16, 2025, alongside a broader capital return strategy.
These developments come on the back of strong operational performance and oil revenue from its South Marsh Island project.
Otto Energy Ltd has achieved a 980% share price return over the last three months.
Market cap: $23.98 million.
Forrestania Resources Ltd (ASX: FRS)
Forrestania Resources is a dual lithium and gold explorer with tenements across Western Australia.
Its recent share price rally is linked to high-grade gold assay results from the Ada Ann prospect at its Bonnie Vale Project, including an intersection of 1 metre at 25.6g/t, the highest grade recorded at the site.
The positive exploration news has helped extend known mineralised zones and excited the market.
Forrestania Resources Ltd has achieved a 418.8% share price return over the last three months.
Market cap: $26.65 million.
GreenHy2 Ltd (ASX: GH2)
GreenHy2 is an early-stage hydrogen technology firm focused on clean energy innovation.
Its recent surge in share price follows a contract with H2Core to develop supercapacitor batteries and hydrogen energy systems, aimed at offering longer lifespans and greater efficiency than lithium-ion alternatives.
The company also highlighted these innovations at its 2025 Annual General Meeting (AGM), underscoring its commitment to leadership in renewable technology.
GreenHy2 Ltd has achieved a 400% share price return over the last three months.
Market cap: $8.37 million.
Resource Mining Corporation Ltd (ASX: RMI)
Resource Mining Corporation is an independent Australian minerals company focused on the definition of battery minerals in leading mining jurisdictions.
The company has recently raised $2 million through a strategic placement to accelerate exploration at its Mpanda Copper-Gold Project in Tanzania.
Moreover, RMC is exploring near-surface mineralisation for small-scale gold production, which could generate early-stage cash flow.
Its expanding presence in the critical minerals space has also caught the attention of resource investors.
Resource Mining Corporation Ltd has achieved a 283.3% share price return over the last three months.
Market cap: $20.56 million.
Saferoads Holdings Ltd (ASX: SRH)
Saferoads Holdings specialises in the provision of innovative road safety solutions throughout Australia, New Zealand and North America.
The company has completed the sale of its Road Safety Rentals division and returned the proceeds to shareholders via a 10-cent special dividend, which was paid on the 20th of May, 2025.
The funds have been used to repay debt, strengthening its balance sheet, and in turn, the market has responded favourably to this strategic pivot and the company’s improved capital structure.
Saferoads Holdings Ltd has achieved a 268% share price return over the last three months.
Market cap: $4.15 million.
Raptis Group Ltd (ASX: RPG)
Raptis Group Limited engages in property investment, development, and management activities in Australia.
RGL recently launched a $1.75 million entitlement offer, scheduled to close on the 13th of June, 2025, to support future development activities.
The Queensland-based property developer has seen positive market response to its coastal residential and mixed-use projects, driven by population growth and housing demand on the Gold Coast.
Raptis Group Ltd has achieved a 221.4% share price return over the last three months.
Market cap: $5.35 million.
EcoGraf Ltd (ASX: EGR)
EcoGraf Limited is an Australia-based integrated battery anode materials developer.
EcoGraf is gaining traction with its patented HFfree® process, which purifies natural graphite without the use of hydrofluoric acid, a key environmental differentiator.
The company recently secured an Australian patent for the technology and presented its developments to the EU Critical Raw Materials Facility, positioning itself as a cleaner supplier for the EV battery market.
EcoGraf Ltd has achieved a 200% share price return over the last three months.
Market cap: $127.16 million.
Locksley Resources Ltd (ASX: LKY)
Locksley Resources is an exploration company targeting copper and gold in New South Wales.
The company has been rewarded with a significant re-rating after identifying several strong mineralised zones across its Tottenham Project. Follow-up drilling is now in progress, with the aim of defining a maiden resource estimate in the coming quarters.
With copper continuing to attract investor attention due to its key role in electrification, Locksley offers leveraged exposure at the high-risk, high-reward end of the spectrum.
Its regional focus and exploration success have made it one of the fastest movers in its bracket.
Locksley Resources Ltd has achieved a 188.2% share price return over the last three months.
Market cap: $9.68 million.
Mighty Kingdom Ltd (ASX: MKL)
Mighty Kingdom is one of Australia’s largest independent video game developers, producing original titles and working with global publishing partners on co-development projects.
The company’s recent rally follows the securing of a major contract with a US-based entertainment giant, along with improved financial results that indicate a path toward breakeven.
As investors hunt for growth outside of traditional resources, Mighty Kingdom’s position in the fast-growing interactive media space has gained renewed relevance. It’s speculative, but with global gaming revenues forecast to top $200 billion, this microcap is playing for a piece of a much bigger pie.
Mighty Kingdom Ltd has achieved a 180.7% share price return over the last three months.
Market cap: $5.35 million.
How to trade ASX Growth Stocks
Take your position on over 13,000 local and international shares via CFDs or share trading – all at your fingertips on our award-winning platform.*
Learn more about share CFDs or share trading with us, or open an account to get started today.
* ##disclaimer_award_platform##
IGA, may distribute information/research produced by its respective foreign affiliates within the IG Group of companies pursuant to an arrangement under Regulation 32C of the Financial Advisers Regulations. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, IGA accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore recipients should contact IGA at 6390 5118 for matters arising from, or in connection with the information distributed.
The information/research herein is prepared by IG Asia Pte Ltd (IGA) and its foreign affiliated companies (collectively known as the IG Group) and is intended for general circulation only. It does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
Please see important Research Disclaimer.
Seize a share opportunity today
Go long or short on thousands of international stocks.
- Increase your market exposure with leverage
- Get spreads from just 0.1% on major global shares
- Trade CFDs straight into order books with direct market access
