MEG
MEG FPO [MEG]
Basic Materials · ASX Small Cap
$0.0180 +5.9%
Updated 26 Mar 2026 · Scores refresh every scan
Score Breakdown
Technical42
Catalyst50
Sentiment50
Fundamental57
Momentum76
Risk Gate28
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Active Signals
Bullish Signals
- RSI is looking oversold — historically a spot where stocks tend to bounce
- Stochastic is deep in oversold territory — bounce conditions forming
- Took a hit — down 14.3% over the last 5 days
- Lagging the Small Ords index — relative strength of 0.61, underperforming its peers
- Volatility is contracting — like a spring being compressed, breakouts often follow
- Strong cash runway (14 quarters)
- Very high P/S ratio (1797.1x)
- Moderate revenue growth (+5%)
- Micro-cap ($5-20M) - high risk
- Sentiment is mixed — no strong consensus either way
- Strong long-term momentum — up 136% over the past year (excluding last month)
- The bigger volume days are the up days — volume-weighted momentum is positive (0.65%/day)
- Altman Z-Score grey zone (1.85, low-confidence approx)
- Penny stock risk ($0.017)
- 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
- Overseas neutral (-1pts, S&P500 neutral, VIX 25)
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Recent Catalysts
NONE Notification regarding unquoted securities - MEG
NONE Corporate Presentation - March 2026
NONE Iberian Copper Project High-Grade Copper-Silver Rock Assays
Recent ASX Announcements
| 2026-03-09 | Notification regarding unquoted securities - MEG |
| 2026-03-08 | Corporate Presentation - March 2026 |
| 2026-03-03 | Iberian Copper Project High-Grade Copper-Silver Rock Assays PRICE SENSITIVE |
| 2026-03-02 | Initial Director's Interest Notice |
| 2026-03-02 | Notification regarding unquoted securities - MEG |
Key Metrics
$11.0M
Market Cap
505K
Avg Volume
1.1x
Vol Ratio
$0.01 — $0.05
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-49.3%
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 | neutral | Float: 68% |
| L | Leader vs Laggard | laggard | RS: -8 |
| I | Institutional Sponsorship | weak | Inst: 6% |
| M | Market Direction | neutral | Neutral |
Sector: Basic Materials
Ranked #476 of 558 · Sector avg: 46
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