ADD
ADAVALE FPO [ADD]
Energy · ASX Small Cap
$0.0480 -2.0%
Updated 2026-03-02 · Scores refresh every scan
Appeared in 2 consecutive scans→ Score -2First seen: 2026-02-25
Score Breakdown
Technical49
Catalyst61
Sentiment50
Fundamental10
Momentum64
Risk Gate25
Active Signals
Bullish Signals
- Near support level (potential bounce)
- VPT accumulation divergence (bullish)
- Above 200-day MA (long-term uptrend)
- Critical cash runway (0.4 quarters)
- Very high P/S ratio (368.3x)
- Micro-cap ($5-20M) - high risk
- Capital raise activity (2 events)
- Dilution velocity warning (2 raises recently)
- Positive 12-1 momentum (+22%)
- Altman Z-Score in distress zone (1.45 < 1.81)
- Elevated dilution risk (2 recent capital raises)
- Low-priced stock risk ($0.049)
- ASX200 bullish (+1.5% 5d)
- Commodity (Crude Oil): up (+5pts)
- AUD/USD strong (-2pts)
- RBA cutting (+2pts)
Risk Signals
- MACD momentum weakening
- Price below MAs (downtrend)
- Negative 5-day momentum (-4.0%)
- Piotroski F-Score weak (3/9)
- Insufficient sentiment data (defaulting to neutral)
- Neutral/mixed sentiment
Recent Catalysts
NONE Porphyry Target Identified from IP at Broader Ashes Prospect
NONE Proposed issue of securities - ADD
NONE Change in substantial holding
HIGH Acquisition of Adjacent Strategic Exploration Tenure
Announcement tone +3pts
Recent ASX Announcements
| 2026-02-22 | Porphyry Target Identified from IP at Broader Ashes Prospect PRICE SENSITIVE |
| 2026-02-16 | Proposed issue of securities - ADD |
| 2026-02-16 | Acquisition of Adjacent Strategic Exploration Tenure PRICE SENSITIVE |
| 2026-02-11 | Change in substantial holding |
| 2026-02-09 | Cleansing Notice |
Key Metrics
$16.1M
Market Cap
1.3M
Avg Volume
1.4x
Vol Ratio
$0.02 — $0.07
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-3247.8%
ROE
N/A
Profit Margin
CANSLIM Analysis
| Factor | Rating | Detail | |
|---|---|---|---|
| C | Current EPS | fail | EPS Growth: 0% |
| A | Annual Earnings | fail | CAGR: 0% |
| N | New Highs / Catalysts | neutral | |
| S | Supply & Demand | neutral | Float: 53% |
| L | Leader vs Laggard | laggard | RS: -0 |
| I | Institutional Sponsorship | insufficient_data | Inst: 0% |
| M | Market Direction | pass | Bullish |
Sector: Energy
Ranked #70 of 73 · Sector avg: 53
View all Energy signals →