52MEDIUM

RRE

RIGHT RES FPO [RRE]
Right Resources Limited operates as an exploration company. It holds a portfolio of gold and copper assets covering 2,089 square kilometres comprising six exploration licences in the Tumbarumba region including the Pilot Project, Bullseye Project, and Storm Projects; and two exploration licences in the New England region. The company was incorporated in 2021 and is based in West Perth, Australia.
Basic Materials · ASX Small Cap
$0.1200 -11.1%

Updated 26 Mar 2026 · Scores refresh every scan

Score Breakdown

Technical39
Catalyst52
Sentiment50
Fundamental68
Momentum40
Risk Gate50
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Active Signals

Bullish Signals

  • RSI is looking oversold — historically a spot where stocks tend to bounce
  • Stochastic is deep in oversold territory — bounce conditions forming
  • Took a hit — down 14.3% over the last 5 days
  • Lagging the Small Ords index — relative strength of 0.77, underperforming its peers
  • Volatility is contracting — like a spring being compressed, breakouts often follow
  • Strong cash runway (9 quarters)
  • Very high P/S ratio (5250.7x)
  • Near 52-week low (0% of range)
  • Micro-cap ($5-20M) - high risk
  • New substantial holder(s) (1)
  • Sentiment is mixed — no strong consensus either way
  • RBA hiking (-3pts)

Risk Signals

  • Trading below both moving averages — the trend is working against this one
  • Broke below 20-day support — that's a level the market was defending, and it just gave way
  • 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 (-12.55%/day)
  • Overseas neutral (-1pts, S&P500 neutral, VIX 25)
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Recent Catalysts

LOW Investor Presentation
NONE Half Yearly Report and Accounts - 31 December 2025
NONE Gold & Silver Exploration Targets for New England Prospects
NONE Extensive Gold-Copper Mineralisation at Pilot - Amendment
HIGH Becoming a substantial holder

Recent ASX Announcements

2026-03-17 Investor Presentation
2026-03-13 Half Yearly Report and Accounts - 31 December 2025
2026-02-19 Gold & Silver Exploration Targets for New England Prospects PRICE SENSITIVE
2026-02-11 Becoming a substantial holder
2026-02-05 Extensive Gold-Copper Mineralisation at Pilot - Amendment

Key Metrics

$15.1M
Market Cap
63K
Avg Volume
0.5x
Vol Ratio
$0.14 — $0.43
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-66.3%
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual Earningsinsufficient_dataCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandneutralFloat: 64%
LLeader vs LaggardlaggardRS: -12
IInstitutional Sponsorshipinsufficient_dataInst: 0%
MMarket DirectionneutralNeutral

Sector: Basic Materials

Ranked #99 of 557 · Sector avg: 46

View all Basic Materials signals →
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Compare:RRE vs SLSRRE vs CUFRRE vs ELV
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