38LOW

ENX

ENEGEX FPO [ENX]
Enegex Limited explores for, evaluates, and invests in natural resource properties in Australia. It explores for nickel, copper, and PGE deposits. The company holds 100% interests in the West Yilgarn project that covers ana area of totaling 1,755 square kilometers in the West Yilgarn province. Enegex Limited was incorporated in 2012 and is based in Subiaco, Australia.
Basic Materials · ASX Small Cap
$0.1900 -5.0%

Updated 26 Mar 2026 · Scores refresh every scan

Score Breakdown

Technical52
Catalyst50
Sentiment50
Fundamental50
Momentum71
Risk Gate50
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Active Signals

Bullish Signals

  • RSI drifting toward oversold territory — worth watching
  • Stochastic is deep in oversold territory — bounce conditions forming
  • Sitting near support — this level has held before and could attract buyers again
  • Drifting lower — down 9.5% over the last 5 days
  • Lagging the Small Ords index — relative strength of 0.76, underperforming its peers
  • Trading above the 200-day average — the long-term trend is on your side
  • Strong cash runway (27 quarters)
  • Revenue in sharp decline (-87%)
  • Small-cap ($20-100M)
  • Capital raise activity (1 events)
  • Sentiment is mixed — no strong consensus either way
  • Strong long-term momentum — up 331% 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 (1.26%/day)
  • Pre-revenue company — Altman Z-Score not applicable
  • 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 -87% — the top line is shrinking
  • Overseas neutral (-1pts, S&P500 neutral, VIX 25)
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Recent Catalysts

NONE Letter to Shareholders
NONE Notice of General Meeting/Proxy Form
NONE Half Year Accounts

Recent ASX Announcements

2026-03-11 Letter to Shareholders
2026-03-11 Notice of General Meeting/Proxy Form
2026-03-11 Half Year Accounts
2026-03-04 Cleansing Notice
2026-03-04 Application for quotation of securities - ENX

Key Metrics

$60.0M
Market Cap
158K
Avg Volume
1.3x
Vol Ratio
$0.06 — $0.38
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-14.7%
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandneutralFloat: 58%
LLeader vs LaggardlaggardRS: -6
IInstitutional SponsorshipweakInst: 0%
MMarket DirectionneutralNeutral

Sector: Basic Materials

Ranked #511 of 558 · Sector avg: 46

View all Basic Materials signals →
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