37LOW

NME

NEX METALS FPO [NME]
Basic Materials · ASX Small Cap
$0.0180 +0.0%

Updated 2026-03-02 · Scores refresh every scan

Appeared in 2 consecutive scans→ Score -1First seen: 2026-02-25

Score Breakdown

Technical29
Catalyst55
Sentiment50
Fundamental23
Momentum31
Risk Gate25

Active Signals

Bullish Signals

  • Sustained volume spike (3.2x median) on DOWN trend
  • Volatility expanding rapidly (choppy)
  • Critical cash runway (1.2 quarters)
  • Very high P/S ratio (1207.0x)
  • Revenue in sharp decline (-98%)
  • Near 52-week low (6% of range)
  • Micro-cap ($5-20M) - high risk
  • CANSLIM S: Tight float (21%)
  • Penny stock risk ($0.018)
  • Liquidity risk: 7 zero-volume days in last 20
  • ASX200 bullish (+1.5% 5d)
  • AUD/USD strong (-2pts)
  • RBA cutting (+2pts)
  • Geo stress elevated (-1pts, hurt)

Risk Signals

  • Price below MAs (downtrend)
  • VPT distribution divergence (bearish)
  • Below 200-day MA (long-term downtrend)
  • Piotroski F-Score weak (3/9)
  • Insufficient sentiment data (defaulting to neutral)
  • Neutral/mixed sentiment
  • Negative 12-1 momentum (-44%)
  • Revenue momentum declining (-98%)

Recent Catalysts

NONE Exceptional High-Grade Intercepts Expand Pennyweight Point
NONE ARIKA MOVES TO 100% OF YUNDAMINDRA AND KOOKYNIE PROJECTS
NONE NME divests Arika Joint Venture interest
Announcement tone +5pts

Recent ASX Announcements

2026-02-24 Exceptional High-Grade Intercepts Expand Pennyweight Point PRICE SENSITIVE
2026-02-01 ARIKA MOVES TO 100% OF YUNDAMINDRA AND KOOKYNIE PROJECTS PRICE SENSITIVE
2026-02-01 NME divests Arika Joint Venture interest PRICE SENSITIVE
2026-01-30 NME December Qtr Activities-Cashflow PRICE SENSITIVE

Key Metrics

$6.0M
Market Cap
115K
Avg Volume
3.2x
Vol Ratio
$0.02 — $0.03
52-Week Range
N/A
Short Interest
N/A
Cash Runway
N/A
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandpassFloat: 21%
LLeader vs LaggardlaggardRS: -1
IInstitutional Sponsorshipinsufficient_dataInst: 0%
MMarket DirectionpassBullish

Sector: Basic Materials

Ranked #550 of 570 · Sector avg: 49

View all Basic Materials signals →
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