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38LOW

PRM

PROMINENCE FPO [PRM]
Prominence Energy Ltd, together with its subsidiaries, explores for, develops, and produces oil and gas projects in Australia and the United States. It holds a 100% working interest in the Big Apple Gas Prospect located on the Outer Continental Shelf of the Gulf of Mexico in the United States; and a 12.5% interest in exploration permit WA-519-P located on the Northwest Shelf, Australia. Prominence Energy Ltd was incorporated in 1986 and is headquartered in West Leederville, Australia.
Energy · ASX Small Cap
$0.0030 +0.0%

Updated 23 Mar 2026 · Scores refresh every scan

⚠ Funding Risk — Cash runway under 4 quarters. Capital raise or funding may be required.

Score Breakdown

Technical46
Catalyst50
Sentiment50
Fundamental33
Momentum61
Risk Gate24

Active Signals

Bullish Signals

  • Volume surging at 3.3x normal while price falls — heavy selling pressure
  • Volatility is contracting — like a spring being compressed, breakouts often follow
  • Low cash runway (4 quarters) - dilution risk
  • 4C filed 2026-01-29
  • Very high P/S ratio (4020.6x)
  • Micro-cap ($5-20M) - high risk
  • Sentiment is mixed — no strong consensus either way
  • Positive long-term momentum — up 25% over the past year
  • Altman Z-Score distress zone (1.24 < 1.81, low-confidence approx)
  • Penny stock risk ($0.003)
  • Commodity (Crude Oil): strong_up (+7pts)
  • RBA hiking (-3pts)
  • Overseas risk_off (-3pts, S&P500 down, VIX 27)

Risk Signals

  • Below the 200-day average — the long-term trend is still working against it
  • Piotroski F-Score weak (3/9, low-confidence approx)
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • The bigger volume days are the down days — volume-weighted momentum is negative (-4.33%/day)
  • ASX200 bearish (-2.9% 5d)

Recent Catalysts

NONE Half Yearly Report and Accounts
NONE First Field Work in PEL 803 Commencing
NONE Quarterly Activities/Appendix 5B Cash Flow Report

Recent ASX Announcements

2026-03-16 Half Yearly Report and Accounts
2026-02-16 First Field Work in PEL 803 Commencing PRICE SENSITIVE
2026-01-29 Quarterly Activities/Appendix 5B Cash Flow Report PRICE SENSITIVE

Key Metrics

$5.1M
Market Cap
1.1M
Avg Volume
3.3x
Vol Ratio
$0.00 — $0.01
52-Week Range
N/A
Short Interest
4 qtrs
Cash Runway
-25.2%
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandneutralFloat: 57%
LLeader vs LaggardlaggardRS: -3
IInstitutional SponsorshipweakInst: 1%
MMarket DirectioncautionBearish

Sector: Energy

Ranked #58 of 77 · Sector avg: 44

View all Energy signals →
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