42LOW

ADD

ADAVALE FPO [ADD]
Adavale Resources Limited engages in the exploration of mineral properties in Australia and Tanzania. It explores for gold, copper, uranium, and nickel deposits. The company's projects include the Parkes project which consists of four granted exploration licenses covering an area of 354 square kilometers located in New South Wales; and the Kabanga Jirani and Luhuma Nickel Project covering an area of 1,315 square kilometers located in Tanzania. It also holds a portfolio of uranium tenements consisting of 11 licenses which covers an area 4,959 square kilometers located in Marree Embayment, and North and East of Ceduna. Adavale Resources Limited was incorporated in 1969 and is based in West Leederville, Australia.
Energy · ASX Small Cap
$0.0400 +8.1%

Updated 26 Mar 2026 · Scores refresh every scan

Score Breakdown

Technical61
Catalyst52
Sentiment50
Fundamental11
Momentum53
Risk Gate45
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Active Signals

Bullish Signals

  • RSI drifting toward oversold territory — worth watching
  • Volume surging at 2.2x normal while price climbs — real buying conviction behind this move
  • Volatility is expanding fast — choppy price action, so buckle up
  • Trading above the 200-day average — the long-term trend is on your side
  • Critical cash runway (2.0 quarters)
  • Pre-revenue with limited cash
  • Revenue in sharp decline (-99%)
  • Micro-cap ($5-20M) - high risk
  • Capital raise activity (1 events)
  • CANSLIM S: Tight float (49%)
  • Sentiment is mixed — no strong consensus either way
  • Positive long-term momentum — up 22% over the past year
  • Pre-revenue company — Altman Z-Score not applicable
  • Low-priced stock risk ($0.040)
  • Commodity (Crude Oil): strong_up (+5pts)
  • RBA hiking (-3pts)

Risk Signals

  • Trading below both moving averages — the trend is working against this one
  • Piotroski F-Score weak (3/9, low-confidence approx)
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • Revenue declining at -99% — the top line is shrinking
  • The bigger volume days are the down days — volume-weighted momentum is negative (-0.97%/day)
  • Overseas neutral (-1pts, S&P500 neutral, VIX 25)
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Recent Catalysts

NONE Accelerating Resource Growth at London-Victoria
NONE Half Yearly Report and Accounts
NONE Porphyry Target Identified from IP at Broader Ashes Prospect
HIGH Acquisition of Adjacent Strategic Exploration Tenure

Recent ASX Announcements

2026-03-25 Accelerating Resource Growth at London-Victoria PRICE SENSITIVE
2026-03-13 Half Yearly Report and Accounts
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

Key Metrics

$13.2M
Market Cap
705K
Avg Volume
2.2x
Vol Ratio
$0.02 — $0.07
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-777.3%
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandpassFloat: 49%
LLeader vs LaggardlaggardRS: -3
IInstitutional Sponsorshipinsufficient_dataInst: 0%
MMarket DirectionneutralNeutral

Sector: Energy

Ranked #63 of 77 · Sector avg: 49

View all Energy signals →
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