51MEDIUM

MAG

MAGMATIC FPO [MAG]
Magmatic Resources Limited engages in the development and exploration of mineral properties in Australia. The company explores for gold and copper deposits. The company was incorporated in 2016 and is headquartered in Orange, Australia.
Basic Materials · ASX Small Cap
$0.0330 +0.0%

Updated 26 Mar 2026 · Scores refresh every scan

Score Breakdown

Technical45
Catalyst50
Sentiment50
Fundamental78
Momentum61
Risk Gate45
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Active Signals

Bullish Signals

  • RSI drifting toward oversold territory — worth watching
  • Stochastic is deep in oversold territory — bounce conditions forming
  • Lagging the Small Ords index — relative strength of 0.86, underperforming its peers
  • Strong cash runway (10 quarters)
  • Strong revenue growth (+24%)
  • Near 52-week low (4% of range)
  • Micro-cap ($5-20M) - high risk
  • CANSLIM S: Tight float (48%)
  • Sentiment is mixed — no strong consensus either way
  • Positive long-term momentum — up 30% over the past year
  • Low-priced stock risk ($0.033)
  • 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
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • The bigger volume days are the down days — volume-weighted momentum is negative (-1.39%/day)
  • Overseas neutral (-1pts, S&P500 neutral, VIX 25)
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Recent Catalysts

NONE Retirement of Chief Financial Officer
NONE Half Yearly Report and Accounts
NONE Weebo Gold Project Exploration Update and latest AC Results
LOW Investor Presentation - RIU Explorer's Conference

Recent ASX Announcements

2026-03-19 Retirement of Chief Financial Officer
2026-03-12 Half Yearly Report and Accounts
2026-02-18 Investor Presentation - RIU Explorer's Conference
2026-02-17 Weebo Gold Project Exploration Update and latest AC Results PRICE SENSITIVE
2026-02-06 Resignation of Joint Company Secretary

Key Metrics

$16.6M
Market Cap
585K
Avg Volume
1.9x
Vol Ratio
$0.03 — $0.08
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-40.2%
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandpassFloat: 48%
LLeader vs LaggardlaggardRS: -8
IInstitutional Sponsorshipinsufficient_dataInst: 0%
MMarket DirectionneutralNeutral

Sector: Basic Materials

Ranked #120 of 558 · Sector avg: 46

View all Basic Materials signals →
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SLS 62CUF 59ELV 58RAG 58ITM 58
Compare:MAG vs SLSMAG vs CUFMAG vs ELV
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