CNB vs MGX

ASX Basic Materials sector comparison — updated 3 Sep 2026 — Basic Materials sector

CNB

CARNABYRES FPO [CNB]

57MEDIUM

MGX

MGXRES FPO [MGX]

52MEDIUM

Score Breakdown

CNB MGX
Technical
60
68
Catalyst
72
54
Sentiment
50
50
Fundamental
81
88
Momentum
79
48
Risk Gate
50
50

Key Metrics

CNB Metric MGX
$265.1MMarket Cap$436.8M
2.5MAvg Volume (20d)400K
N/AShort Interest+0.0%
$1.06052-Week High$0.495
$0.28552-Week Low$0.320
+2.6%Daily Change+5.6%
$0.985Reference Price$0.375
-17.9%ROE-6.9%
N/AProfit Margin-14.8%

Active Signals

CNB Signals

●MACD momentum is losing steam
●Bollinger Bands are tightening — volatility is coiling up for a potential breakout
●Beating the Small Ords index — relative strength of 1.16, so it's outpacing the pack
●Trading above the 200-day average — the long-term trend is on your side
●Strong cash runway (8 quarters)
●Pre-revenue with moderate cash ($10-30M)
●Piotroski F-Score weak (3/9, low-confidence approx)
●EPS estimates revised upward (+10pts)

MGX Signals

●MACD momentum is picking up steam
●Trading above both moving averages — the trend is your friend here
●Knocking on the door of resistance — if it punches through, things could get interesting
●Beating the Small Ords index — relative strength of 1.13, so it's outpacing the pack
●Below the 200-day average — the long-term trend is still working against it
●Strong cash runway (76 quarters)
●Low P/S ratio (2.1x)
●Revenue in sharp decline (-67%)

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CNB Full Analysis → MGX Full Analysis → Basic Materials Sector → All Comparisons →
GENERAL INFORMATION ONLY. SmallCapData provides algorithmic screening data and does not constitute personal financial advice, a recommendation, or an offer to buy or sell any security. This content is produced by an algorithm, not a licensed financial adviser. You should consider seeking independent financial advice before making any investment decision. Past performance is not indicative of future results. Trading in small-cap securities carries a high degree of risk, including the risk of total loss of capital. The author may hold positions in mentioned securities. SmallCapData does not hold an Australian Financial Services Licence (AFSL).