DRX
DIATREME FPO [DRX]
Basic Materials · ASX Small Cap
$0.0170 +6.2%
Updated 26 Mar 2026 · Scores refresh every scan
⚠ Funding Risk — Cash runway under 4 quarters. Capital raise or funding may be required.
Score Breakdown
Technical36
Catalyst51
Sentiment50
Fundamental56
Momentum46
Risk Gate35
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Active Signals
Bullish Signals
- Volume surging at 3.7x normal while price falls — heavy selling pressure
- Low cash runway (4 quarters) - dilution risk
- 4C filed 2026-01-29
- Very high P/S ratio (486.4x)
- Near 52-week low (14% of range)
- Small-cap ($20-100M)
- CANSLIM S: Tight float (33%)
- Sentiment is mixed — no strong consensus either way
- Penny stock risk ($0.018)
- 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 (3/9, low-confidence approx)
- Not enough chatter to gauge sentiment — defaulting to neutral
- The bigger volume days are the down days — volume-weighted momentum is negative (-0.66%/day)
- Overseas neutral (-1pts, S&P500 neutral, VIX 25)
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Recent Catalysts
NONE Favourable Si2, Casuarina drilling boosts silica pipeline
NONE Cyclone metallurgical testwork shows project upside
NONE Full Year Statutory Accounts
Recent ASX Announcements
| 2026-03-25 | Favourable Si2, Casuarina drilling boosts silica pipeline PRICE SENSITIVE |
| 2026-03-19 | Cyclone metallurgical testwork shows project upside PRICE SENSITIVE |
| 2026-03-12 | Full Year Statutory Accounts |
| 2026-01-29 | Quarterly Activities/Appendix 5B Cash Flow Report PRICE SENSITIVE |
Key Metrics
$90.1M
Market Cap
661K
Avg Volume
3.7x
Vol Ratio
$0.02 — $0.02
52-Week Range
N/A
Short Interest
4 qtrs
Cash Runway
-0.8%
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 | pass | Float: 33% |
| L | Leader vs Laggard | laggard | RS: -2 |
| I | Institutional Sponsorship | insufficient_data | Inst: 0% |
| M | Market Direction | neutral | Neutral |
Sector: Basic Materials
Ranked #165 of 558 · Sector avg: 46
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