48LOW

AXN

ALLI NCKL FPO [AXN]
Alliance Nickel Limited engages in the exploration and development of mineral properties in Australia. The company explores for nickel and cobalt deposits. Its principal property is the 100% owned NiWest nickel cobalt project located at the Murrin Murrin in the Northeastern Goldfields of Western Australia. The company was formerly known as GME Resources Limited and changed its name to Alliance Nickel Limited in January 2023. Alliance Nickel Limited was founded in 1980 and is headquartered in Nedlands, Australia.
Basic Materials · ASX Small Cap
$0.0400 +2.6%

Updated 26 Mar 2026 · Scores refresh every scan

⚠ Funding Risk — Cash runway under 4 quarters. Capital raise or funding may be required.

Score Breakdown

Technical59
Catalyst50
Sentiment50
Fundamental35
Momentum58
Risk Gate41
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Active Signals

Bullish Signals

  • RSI drifting toward oversold territory — worth watching
  • Volume surging at 2.3x normal while price climbs — real buying conviction behind this move
  • Volatility is contracting — like a spring being compressed, breakouts often follow
  • Low cash runway (4 quarters) - dilution risk
  • 4C filed 2026-01-27
  • Very high P/S ratio (69.7x)
  • Revenue in sharp decline (-69%)
  • Small-cap ($20-100M)
  • CANSLIM I: Institutional ownership (37%)
  • Sentiment is mixed — no strong consensus either way
  • Positive long-term momentum — up 39% over the past year
  • The bigger volume days are the up days — volume-weighted momentum is positive (1.81%/day)
  • Altman Z-Score grey zone (2.93, low-confidence approx)
  • Low-priced stock risk ($0.039)
  • RBA hiking (-3pts)

Risk Signals

  • Trading below both moving averages — the trend is working against this one
  • Below the 200-day average — the long-term trend is still working against it
  • Piotroski F-Score weak (2/9, low-confidence approx)
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • Revenue declining at -69% — the top line is shrinking
  • Overseas neutral (-1pts, S&P500 neutral, VIX 25)
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Recent Catalysts

LOW Company Update
NONE Half Year Accounts
NONE Quarterly Activities/Appendix 5B Cash Flow Report

Recent ASX Announcements

2026-03-11 Company Update PRICE SENSITIVE
2026-03-04 Half Year Accounts
2026-01-27 Quarterly Activities/Appendix 5B Cash Flow Report PRICE SENSITIVE

Key Metrics

$29.7M
Market Cap
162K
Avg Volume
2.3x
Vol Ratio
$0.03 — $0.06
52-Week Range
N/A
Short Interest
4 qtrs
Cash Runway
-4.5%
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandneutralFloat: 62%
LLeader vs LaggardlaggardRS: 1
IInstitutional SponsorshippassInst: 37%
MMarket DirectionneutralNeutral

Sector: Basic Materials

Ranked #258 of 558 · Sector avg: 46

View all Basic Materials signals →
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