40LOW

MMR

MEC RES FPO [MMR]
MEC Resources Limited, through its subsidiaries, operates as an oil and gas exploration and development company in Australia. The company was formerly known as MEC Strategic Ltd. MEC Resources Limited was incorporated in 2005 and is based in South Perth, Australia.
Energy · ASX Small Cap
$0.0040 +0.0%

Updated 26 Mar 2026 · Scores refresh every scan

Score Breakdown

Technical44
Catalyst50
Sentiment50
Fundamental63
Momentum67
Risk Gate24
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Active Signals

Bullish Signals

  • RSI drifting toward oversold territory — worth watching
  • Stochastic is deep in oversold territory — bounce conditions forming
  • Bollinger Bands are tightening — volatility is coiling up for a potential breakout
  • Above-average volume (1.9x) on a red day — sellers in control
  • Sitting near support — this level has held before and could attract buyers again
  • Took a hit — down 20.0% over the last 5 days
  • Lagging the Small Ords index — relative strength of 0.89, underperforming its peers
  • Volatility is contracting — like a spring being compressed, breakouts often follow
  • Strong cash runway (8 quarters)
  • Very high P/S ratio (60.3x)
  • Strong revenue growth (+124%)
  • Near 52-week low (12% of range)
  • Micro-cap ($5-20M) - high risk
  • Recent placement detected - dilution risk
  • Healthy profit margins (130%)
  • Sentiment is mixed — no strong consensus either way
  • Positive long-term momentum — up 25% over the past year
  • Revenue growing at +124% — the top line is moving in the right direction
  • Altman Z-Score distress zone (1.76 < 1.81, low-confidence approx)
  • Penny stock risk ($0.004)
  • Commodity (Crude Oil): strong_up (+5pts)
  • 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 (-10.48%/day)
  • Overseas neutral (-1pts, S&P500 neutral, VIX 25)
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Recent Catalysts

NONE PEP 11 Update - Federal Court Proceedings
NONE Half Yearly Report and Accounts
NONE Options Top 20 Holders & Distribution Schedule
MEDIUM Close of Options Placement Offer

Recent ASX Announcements

2026-02-23 PEP 11 Update - Federal Court Proceedings PRICE SENSITIVE
2026-02-18 Half Yearly Report and Accounts PRICE SENSITIVE
2026-02-10 Options Top 20 Holders & Distribution Schedule
2026-02-10 Application for quotation of securities - MMR
2026-02-09 Close of Options Placement Offer

Key Metrics

$7.5M
Market Cap
632K
Avg Volume
1.9x
Vol Ratio
$0.00 — $0.01
52-Week Range
N/A
Short Interest
N/A
Cash Runway
1.5%
ROE
129.8%
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandneutralFloat: 54%
LLeader vs LaggardlaggardRS: -4
IInstitutional Sponsorshipinsufficient_dataInst: 0%
MMarket DirectionneutralNeutral

Sector: Energy

Ranked #67 of 77 · Sector avg: 49

View all Energy signals →
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