42LOW

ODE

ODESSAMIN FPO [ODE]
Odessa Minerals Limited operates as a mineral exploration company primarily in Western Australia. It primarily explores for diamond, uranium, lithium, rare earth elements, copper, and nickel. The company holds granted and application exploration licenses covering an area of 3,200 square kilometers in the Gascoyne region of Western Australia. The company was formerly known as Fargo Enterprises Limited and changed its name to Odessa Minerals Limited in January 2022. Odessa Minerals Limited was incorporated in 1935 and is based in Perth, Australia.
Basic Materials · ASX Small Cap
$0.0240 +4.4%

Updated 26 Mar 2026 · Scores refresh every scan

Score Breakdown

Technical70
Catalyst50
Sentiment50
Fundamental46
Momentum75
Risk Gate40
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Active Signals

Bullish Signals

  • Trading above both moving averages — the trend is your friend here
  • Trading above the 200-day average — the long-term trend is on your side
  • Strong cash runway (13 quarters)
  • Small-cap ($20-100M)
  • Capital raise activity (2 events)
  • Dilution velocity warning (2 raises recently)
  • Sentiment is mixed — no strong consensus either way
  • Strong long-term momentum — up 317% over the past year (excluding last month)
  • Excellent risk-adjusted returns — Sharpe of 1.8 means strong gains without wild swings
  • The bigger volume days are the up days — volume-weighted momentum is positive (3.12%/day)
  • Pre-revenue company — Altman Z-Score not applicable
  • Elevated dilution risk (2 recent capital raises)
  • Low-priced stock risk ($0.024)
  • RBA hiking (-3pts)
  • Dilution risk: technical breakout with recent capital raise

Risk Signals

  • Revenue declining (-14%)
  • Piotroski F-Score weak (3/9, low-confidence approx)
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • Revenue declining at -14% — the top line is shrinking
  • Overseas neutral (-1pts, S&P500 neutral, VIX 25)
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Recent Catalysts

NONE Half Yearly Report and Accounts
NONE Change of Director's Interest Notice
NONE Proposed issue of securities - ODE

Recent ASX Announcements

2026-03-12 Half Yearly Report and Accounts
2026-03-09 Change of Director's Interest Notice
2026-02-15 Proposed issue of securities - ODE
2026-02-15 Proposed issue of securities - ODE
2026-02-15 Odessa Makes Key Strategic Appointments to Drive Growth

Key Metrics

$42.3M
Market Cap
2.5M
Avg Volume
0.6x
Vol Ratio
$0.01 — $0.03
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-24.8%
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandneutralFloat: 57%
LLeader vs LaggardpassRS: 16
IInstitutional SponsorshipweakInst: 1%
MMarket DirectionneutralNeutral

Sector: Basic Materials

Ranked #414 of 558 · Sector avg: 46

View all Basic Materials signals →
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