MGT
MAGNETITE FPO [MGT]
Basic Materials · ASX Small Cap
$0.0500 +0.0%
Updated 2026-03-02 · Scores refresh every scan
⚠ Funding Risk — Cash runway under 4 quarters. Capital raise or funding may be required.
Appeared in 2 consecutive scans→ Score +10First seen: 2026-02-25
Score Breakdown
Technical45
Catalyst55
Sentiment50
Fundamental40
Momentum33
Risk Gate35
Active Signals
Bullish Signals
- RSI approaching oversold
- Stochastic oversold
- Low cash runway (2 quarters) - dilution risk
- 4C filed 2026-01-29
- Very high P/S ratio (8014.5x)
- Near 52-week low (1% of range)
- Micro-cap ($5-20M) - high risk
- Severe 12-1 momentum decline (-53%)
- Altman Z-Score in distress zone (1.12 < 1.81)
- ASX200 bullish (+1.5% 5d)
- Commodity (Iron Ore): strong_up (+7pts)
- AUD/USD strong (-2pts)
- RBA cutting (+2pts)
- Geo stress elevated (-1pts, hurt)
Risk Signals
- MACD momentum weakening
- Price below MAs (downtrend)
- Below 200-day MA (long-term downtrend)
- Piotroski F-Score weak (3/9)
- Insufficient sentiment data (defaulting to neutral)
- Neutral/mixed sentiment
Recent Catalysts
NONE Razorback Project Awarded Major Project Status
NONE Ironback Hill REE Project Drilling Approvals Secured
NONE Change of Share Registry Details
Announcement tone +5pts
Recent ASX Announcements
| 2026-02-16 | Razorback Project Awarded Major Project Status PRICE SENSITIVE |
| 2026-02-15 | Ironback Hill REE Project Drilling Approvals Secured PRICE SENSITIVE |
| 2026-02-13 | Change of Share Registry Details |
| 2026-02-04 | Notification of cessation of securities - MGT |
| 2026-01-29 | Quarterly Activities/Appendix 5B Cash Flow Report PRICE SENSITIVE |
Key Metrics
$9.8M
Market Cap
809K
Avg Volume
0.7x
Vol Ratio
$0.05 — $0.29
52-Week Range
N/A
Short Interest
2 qtrs
Cash Runway
-11.3%
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: 76% |
| L | Leader vs Laggard | laggard | RS: -2 |
| I | Institutional Sponsorship | insufficient_data | Inst: 0% |
| M | Market Direction | pass | Bullish |
Sector: Basic Materials
Ranked #208 of 570 · Sector avg: 49
View all Basic Materials signals →