34LOW

ANX

ANAXMETALS FPO [ANX]
Anax Metals Limited explores, evaluates, and develops mineral properties in Australia. The company explores for gold, copper, zinc, lead, lithium, volcanogenic massive sulphide, rare earth element, silver, and base metal deposits. Its flagship project is the 80% owned Whim Creek project located south-west of Port Hedland in the Central Pilbara region of Western Australia. The company was formerly known as Aurora Minerals Limited and changed its name to Anax Metals Limited in September 2020. Anax Metals Limited was incorporated in 2003 and is based in West Perth, Australia.
Basic Materials · ASX Small Cap
$0.0270 +8.0%

Updated 26 Mar 2026 · Scores refresh every scan

Score Breakdown

Technical87
Catalyst52
Sentiment50
Fundamental29
Momentum79
Risk Gate40
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Active Signals

Bullish Signals

  • MACD just crossed bullish — momentum is shifting to the upside
  • Bollinger Bands are tightening — volatility is coiling up for a potential breakout
  • Trading above both moving averages — the trend is your friend here
  • Volatility is contracting — like a spring being compressed, breakouts often follow
  • Trading above the 200-day average — the long-term trend is on your side
  • Low cash runway (3 quarters) - dilution risk
  • Pre-revenue with limited cash
  • Small-cap ($20-100M)
  • Recent placement detected - dilution risk
  • Dilution velocity warning (2 raises recently)
  • CANSLIM S: Tight float (46%)
  • Sentiment is mixed — no strong consensus either way
  • Strong long-term momentum — up 275% over the past year (excluding last month)
  • Excellent risk-adjusted returns — Sharpe of 1.7 means strong gains without wild swings
  • The bigger volume days are the up days — volume-weighted momentum is positive (3.82%/day)
  • Pre-revenue company — Altman Z-Score not applicable
  • Elevated dilution risk (2 recent capital raises)
  • Low-priced stock risk ($0.026)
  • RBA hiking (-3pts)
  • Dilution risk: technical breakout with recent capital raise

Risk Signals

  • Piotroski F-Score weak (2/9, low-confidence approx)
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • Overseas neutral (-1pts, S&P500 neutral, VIX 25)
  • Sentiment trap: strong technicals but weak fundamentals
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Recent Catalysts

MEDIUM Tranche 1 Placement Completed and Cleansing Notice
NONE Application for quotation of securities - ANX
NONE Proposed issue of securities - ANX
NONE $10 Million Capital Raising
NEGATIVE Trading Halt

Recent ASX Announcements

2026-03-25 Tranche 1 Placement Completed and Cleansing Notice
2026-03-25 Application for quotation of securities - ANX
2026-03-17 Proposed issue of securities - ANX
2026-03-17 $10 Million Capital Raising PRICE SENSITIVE
2026-03-15 Trading Halt PRICE SENSITIVE

Key Metrics

$28.7M
Market Cap
2.4M
Avg Volume
1.0x
Vol Ratio
$0.00 — $0.04
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-18.9%
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandpassFloat: 46%
LLeader vs LaggardpassRS: 9
IInstitutional Sponsorshipinsufficient_dataInst: 0%
MMarket DirectionneutralNeutral

Sector: Basic Materials

Ranked #537 of 558 · Sector avg: 46

View all Basic Materials signals →
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