MEX vs WAF

ASX Basic Materials sector comparison — updated 14 Jul 2026 — Basic Materials sector

MEX

MINERALSEX FPO [MEX]

48LOW

WAF

WESTAFRICA FPO [WAF]

59MEDIUM

Score Breakdown

MEX WAF
Technical
60
47
Catalyst
53
57
Sentiment
50
50
Fundamental
65
100
Momentum
30
70
Risk Gate
47
45

Key Metrics

MEX Metric WAF
$10.9MMarket Cap$3.2B
89KAvg Volume (20d)4.1M
N/AShort Interest+0.8%
$0.29052-Week High$3.970
$0.05652-Week Low$2.180
-1.7%Daily Change-0.5%
$0.059Reference Price$2.825
-18.2%ROE+36.9%
N/AProfit Margin+30.7%

Active Signals

MEX Signals

●RSI drifting toward oversold territory — worth watching
●Beating the Small Ords index — relative strength of 1.13, so it's outpacing the pack
●Volatility is contracting — like a spring being compressed, breakouts often follow
●Below the 200-day average — the long-term trend is still working against it
●Strong cash runway (13 quarters)
●4C filed 2026-04-29
●Pre-revenue with limited cash
●Piotroski F-Score weak (3/9, low-confidence approx)

WAF Signals

●MACD just crossed bullish — momentum is shifting to the upside
●Watch out — volume is flowing out even as price holds up. Distribution pattern
●Below the 200-day average — the long-term trend is still working against it
●Cash positive / operating cashflow positive
●Low P/S ratio (2.1x)
●Strong revenue growth (+176%)
●Piotroski F-Score strong (9/9, low-confidence approx)
●EPS estimates revised upward (+10pts)

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MEX Full Analysis → WAF 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).