52MEDIUM

MGA

METALSGROV FPO [MGA]
MetalsGrove Mining Limited operates as an exploration and development company in Australia. It primarily explores for copper, gold, and zinc ores. MetalsGrove Mining Limited was incorporated in 2021 and is based in West Perth, Australia.
Basic Materials · ASX Small Cap
$0.1000 +11.1%

Updated 26 Mar 2026 · Scores refresh every scan

Appeared in 2 consecutive scans→ Score +7First seen: 2026-02-25

Score Breakdown

Technical58
Catalyst50
Sentiment50
Fundamental57
Momentum75
Risk Gate43
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Active Signals

Bullish Signals

  • RSI drifting toward oversold territory — worth watching
  • Stochastic just turned bullish from a low level — early reversal sign
  • Above-average volume (1.7x) on a red day — sellers in control
  • Drifting lower — down 9.1% over the last 5 days
  • Lagging the Small Ords index — relative strength of 0.83, underperforming its peers
  • Trading above the 200-day average — the long-term trend is on your side
  • Strong cash runway (13 quarters)
  • Very high P/S ratio (195.6x)
  • Micro-cap ($5-20M) - high risk
  • CANSLIM S: Tight float (36%)
  • Sentiment is mixed — no strong consensus either way
  • Strong long-term momentum — up 105% over the past year (excluding last month)
  • The bigger volume days are the up days — volume-weighted momentum is positive (2.07%/day)
  • Altman Z-Score grey zone (1.83, low-confidence approx)
  • RBA hiking (-3pts)

Risk Signals

  • Piotroski F-Score weak (3/9, low-confidence approx)
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • Overseas neutral (-1pts, S&P500 neutral, VIX 25)
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Recent Catalysts

NONE Regolith Mapping and LiDAR Survey Commenced at Zuenoula
NONE Half Year Accounts
NONE Further gold exploration target defined at Zuenoula

Recent ASX Announcements

2026-03-15 Regolith Mapping and LiDAR Survey Commenced at Zuenoula PRICE SENSITIVE
2026-03-11 Half Year Accounts
2026-03-10 Further gold exploration target defined at Zuenoula PRICE SENSITIVE
2026-02-25 Soil sampling starts at Vavoua PRICE SENSITIVE
2026-02-12 Response to ASX Price Query PRICE SENSITIVE

Key Metrics

$15.9M
Market Cap
116K
Avg Volume
1.7x
Vol Ratio
$0.04 — $0.15
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-78.1%
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandpassFloat: 36%
LLeader vs LaggardpassRS: 5
IInstitutional Sponsorshipinsufficient_dataInst: 0%
MMarket DirectionneutralNeutral

Sector: Basic Materials

Ranked #97 of 558 · Sector avg: 46

View all Basic Materials signals →
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SLS 62CUF 59ELV 58RAG 58ITM 58
Compare:MGA vs SLSMGA vs CUFMGA vs ELV
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