ADN

ANDROMEDA FPO [ADN]
Andromeda Metals Limited operates as a mineral exploration company in Australia. The company explores for kaolinite, halloysite, and high purity alumina deposits. Its flagship project is the 100% owned Great White Project comprises three mining tenements and three exploration tenements located in the South Australia. The company was formerly known as Adelaide Resources Limited and changed its name to Andromeda Metals Limited in December 2016. The company was incorporated in 1993 and is headquartered in Adelaide, Australia.
Basic Materials · ASX Small Cap
$0.0080 +14.3%

Updated 21 Jul 2026 · Signals refresh every scan

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Active Signals

Bullish Signals

  • MACD momentum is picking up steam
  • Pressing against the upper Bollinger Band — extended and may need to cool off
  • Knocking on the door of resistance — if it punches through, things could get interesting
  • On a tear — up 14.3% over the last 5 days
  • Beating the Small Ords index — relative strength of 1.43, so it's outpacing the pack
  • Strong cash runway (8 quarters)
  • Pre-revenue with moderate cash ($10-30M)
  • EPS estimates revised upward (+10pts)
  • Near 52-week low (5% of range)
  • Small-cap ($20-100M)
  • Sentiment is mixed — no strong consensus either way
  • This one has been in freefall — down 68% over the past year
  • Pre-revenue company — Altman Z-Score not applicable
  • Penny stock risk ($0.007)
  • RBA hiking (-3pts)

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 (-0.74%/day)
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Recent Catalysts

LOW Company Update Presentation
NONE Appointment of Chief Financial Officer
NONE Early Works Update Transport of Long Lead Items Complete
NONE Notification of cessation of securities - ADN

Recent ASX Announcements

2026-07-12 Company Update Presentation
2026-07-12 Appointment of Chief Financial Officer
2026-07-06 Early Works Update Transport of Long Lead Items Complete
2026-06-29 Notification of cessation of securities - ADN
2026-06-21 High Purity Alumina Project Update PRICE SENSITIVE

Key Metrics

$32.4M
Market Cap
5.8M
Avg Volume
0.7x
Vol Ratio
$0.01 — $0.03
52-Week Range
0.0%
Short Interest
N/A
Cash Runway
-93.3%
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandneutralFloat: 89%
LLeader vs LaggardlaggardRS: -3
IInstitutional SponsorshipweakInst: 0%
MMarket DirectionneutralNeutral

Sector: Basic Materials

530 tickers in this sector

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