39LOW

OCT

OCTAVAMIN FPO [OCT]
Octava Minerals Limited engages in the exploration of mineral properties in Western Australia. The company explores for copper, zinc, silver, lithium, antimony, nickel, rare earth elements (REE), and platinum group elements (PGM) deposits. The company was formerly known as 8 AU limited and changed its name to Octava Minerals Limited in February 2022. Octava Minerals Limited was incorporated in 2020 and is based in Nedlands, Australia.
Basic Materials · ASX Small Cap
$0.0390 -17.0%

Updated 10 Mar 2026 · Scores refresh every scan

Appeared in 4 consecutive scans→ Score -3First seen: 2026-02-25

Score Breakdown

Technical13
Catalyst50
Sentiment50
Fundamental51
Momentum72
Risk Gate45

Active Signals

Bullish Signals

  • RSI approaching oversold
  • Price at lower Bollinger Band (oversold)
  • Above-average volume (2.0x) on down day
  • Sharp 5-day decline (-23.5%)
  • Underperforming ASX Small Ords (RS 0.80)
  • Volatility expanding rapidly (choppy)
  • Adequate cash runway (5 quarters)
  • 4C filed 2026-01-29
  • Pre-revenue with limited cash
  • Micro-cap ($5-20M) - high risk
  • CANSLIM S: Tight float (27%)
  • Strong 12-1 momentum (+56%)
  • Volume-weighted momentum positive (1.13%/day)
  • Pre-revenue company — Altman Z-Score not applicable
  • Low-priced stock risk ($0.047)
  • RBA hiking (-3pts)
  • Geo stress elevated (-1pts, hurt)
  • Overseas risk_off (-2pts, S&P500 down, VIX 27)

Risk Signals

  • MACD momentum weakening
  • Price below MAs (downtrend)
  • Breakdown below 20-day support
  • Below 200-day MA (long-term downtrend)
  • Piotroski F-Score weak (3/9, low-confidence approx)
  • Insufficient sentiment data (defaulting to neutral)
  • Neutral/mixed sentiment

Recent Catalysts

NONE Notice of General Meeting/Proxy Form
NONE Quarterly Activities/Appendix 5B Cash Flow Report
NONE Drilling Commenced at Byro Critical Minerals Project

Recent ASX Announcements

2026-02-23 Notice of General Meeting/Proxy Form
2026-01-29 Quarterly Activities/Appendix 5B Cash Flow Report PRICE SENSITIVE
2026-01-28 Drilling Commenced at Byro Critical Minerals Project PRICE SENSITIVE
2026-01-28 Variation to Byro Sales Agreement PRICE SENSITIVE
2026-01-27 Federation Project Exploration Update Sweeney's & Anomaly1 PRICE SENSITIVE

Key Metrics

$5.2M
Market Cap
334K
Avg Volume
2.0x
Vol Ratio
$0.03 — $0.09
52-Week Range
N/A
Short Interest
5 qtrs
Cash Runway
-55.1%
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandpassFloat: 27%
LLeader vs LaggardlaggardRS: -7
IInstitutional Sponsorshipinsufficient_dataInst: 0%
MMarket DirectionneutralNeutral

Sector: Basic Materials

Ranked #502 of 576 · Sector avg: 43

View all Basic Materials signals →
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