42LOW

MKR

MANUKARES FPO [MKR]
Manuka Resources Limited engages in the exploration and development of gold, silver, iron, titanium, and vanadium properties in Australia and New Zealand. It operates through Exploration and Operations segments. The company holds interest in the Mt Boppy gold project, which comprises three granted mining leases, four gold leases, and one exploration license covering an area approximately 210 square kilometers located in east of Cobar in the Central West region of New South Wales, Australia; and the Wonawinta silver project located in the east of Cobar Basin, Australia. It also holds 100% interests in the Taranaki VTM iron sands project in New Zealand. Manuka Resources Limited was incorporated in 2016 and is based in Sydney, Australia.
Basic Materials · ASX Small Cap
$0.1000 +0.0%

Updated 26 Mar 2026 · Scores refresh every scan

Score Breakdown

Technical51
Catalyst50
Sentiment50
Fundamental27
Momentum79
Risk Gate45
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Active Signals

Bullish Signals

  • RSI drifting toward oversold territory — worth watching
  • 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
  • Critical cash runway (1.0 quarters)
  • Pre-revenue with limited cash
  • Capital raise activity (1 events)
  • Sentiment is mixed — no strong consensus either way
  • Strong long-term momentum — up 265% over the past year (excluding last month)
  • Excellent risk-adjusted returns — Sharpe of 1.6 means strong gains without wild swings
  • The bigger volume days are the up days — volume-weighted momentum is positive (0.42%/day)
  • Pre-revenue company — Altman Z-Score not applicable
  • Beneish M-Score -1.78 (grey zone -2.22 to -1.78): possible earnings manipulation
  • RBA hiking (-3pts)

Risk Signals

  • Trading below both moving averages — the trend is working against this one
  • Piotroski F-Score weak (2/9, 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 Amended Announcement - Updated Cobar Basin PFS
NONE Letter of Intent Executed for Provision of Mining Services
NONE Half Yearly Report and Accounts

Recent ASX Announcements

2026-03-23 Amended Announcement - Updated Cobar Basin PFS PRICE SENSITIVE
2026-03-22 Letter of Intent Executed for Provision of Mining Services
2026-03-16 Half Yearly Report and Accounts
2026-03-13 Cleansing Notice
2026-03-13 Application for quotation of securities - MKR

Key Metrics

$162.7M
Market Cap
10.0M
Avg Volume
1.2x
Vol Ratio
$0.03 — $0.23
52-Week Range
0.0%
Short Interest
N/A
Cash Runway
-135.2%
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandneutralFloat: 68%
LLeader vs LaggardneutralRS: 1
IInstitutional SponsorshipweakInst: 2%
MMarket DirectionneutralNeutral

Sector: Basic Materials

Ranked #406 of 558 · Sector avg: 46

View all Basic Materials signals →
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