51MEDIUM

TGN

TUNGSTEN FPO [TGN]
Tungsten Mining NL engages in the exploration, evaluation, and development of mineral resources in Australia. It primarily explores for tungsten, molybdenum, gold, silver, copper, bismuth deposits, and other minerals. The company's flagship property is the 100% owned Mt Mulgine project located in the Murchison region of Western Australia. Tungsten Mining NL was incorporated in 2011 and is based in West Perth, Australia.
Basic Materials · ASX Small Cap
$0.2600 +0.0%

Updated 26 Mar 2026 · Scores refresh every scan

Appeared in 2 consecutive scans→ Score +4First seen: 2026-02-25

Score Breakdown

Technical61
Catalyst53
Sentiment50
Fundamental44
Momentum71
Risk Gate50
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Active Signals

Bullish Signals

  • Trading above the 200-day average — the long-term trend is on your side
  • Adequate cash runway (6 quarters)
  • Very high P/S ratio (4246.4x)
  • Revenue in sharp decline (-95%)
  • Sentiment is mixed — no strong consensus either way
  • Strong long-term momentum — up 331% over the past year (excluding last month)
  • Excellent risk-adjusted returns — Sharpe of 2.2 means strong gains without wild swings
  • The bigger volume days are the up days — volume-weighted momentum is positive (1.71%/day)
  • RBA hiking (-3pts)

Risk Signals

  • Piotroski F-Score weak (3/9, low-confidence approx)
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • Revenue declining at -95% — the top line is shrinking
  • Overseas neutral (-1pts, S&P500 neutral, VIX 25)
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Recent Catalysts

NONE Mt Mulgine Drilling Program to Test Exploration Target
NONE Update - S&P DJI March 2026 Rebalance of the All Ordinaries
NONE Notice of Extraordinary General Meeting/Proxy Form
Announcement tone +3pts

Recent ASX Announcements

2026-03-15 Mt Mulgine Drilling Program to Test Exploration Target PRICE SENSITIVE
2026-03-10 Update - S&P DJI March 2026 Rebalance of the All Ordinaries PRICE SENSITIVE
2026-03-06 Notice of Extraordinary General Meeting/Proxy Form
2026-03-06 S&P DJI Announces March 2026 Quarterly Rebalance PRICE SENSITIVE
2026-03-05 Notification regarding unquoted securities - TGN

Key Metrics

$363.0M
Market Cap
2.7M
Avg Volume
1.1x
Vol Ratio
$0.06 — $0.38
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-21.7%
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandneutralFloat: 61%
LLeader vs LaggardpassRS: 4
IInstitutional SponsorshipweakInst: 0%
MMarket DirectionneutralNeutral

Sector: Basic Materials

Ranked #112 of 558 · Sector avg: 46

View all Basic Materials signals →
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