AHN

ATHENA RES FPO [AHN]
Athena Resources Limited operates as a mineral exploration company in Australia. The company explores for iron ore, anomalous copper, nickel, platinum group element, and chromite deposits. The company holds a 100% interest in the Byro project located in Western Australia. The company was incorporated in 2005 and is based in Perth, Australia.
Basic Materials · ASX Small Cap
$0.0600 +0.0%

Updated 3 Sep 2026 · Signals refresh every scan

⚠ Funding Risk — Cash runway under 4 quarters. Capital raise or funding may be required.
Appeared in 2 consecutive scansFirst seen: 2026-02-25
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Active Signals

Bullish Signals

  • RSI drifting toward oversold territory — worth watching
  • MACD momentum is picking up steam
  • Stochastic just turned bullish from a low level — early reversal sign
  • Bollinger Bands are tightening — volatility is coiling up for a potential breakout
  • Volume surging at 7.0x normal while price falls — heavy selling pressure
  • Drifting lower — down 4.8% over the last 5 days
  • Lagging the Small Ords index — relative strength of 0.88, underperforming its peers
  • Volatility is contracting — like a spring being compressed, breakouts often follow
  • Low cash runway (2 quarters) - dilution risk
  • 4C filed 2026-07-16
  • Pre-revenue with limited cash
  • Near 52-week low (8% of range)
  • Micro-cap ($5-20M) - high risk
  • Capital raise activity (1 events)
  • CANSLIM S: Tight float (25%)
  • Sentiment is mixed — no strong consensus either way
  • This one has been in freefall — down 56% over the past year
  • The bigger volume days are the up days — volume-weighted momentum is positive (9.42%/day)
  • Pre-revenue company — Altman Z-Score not applicable
  • AUD/USD strong (-2pts)
  • RBA hiking (-3pts)

Risk Signals

  • Trading below both moving averages — the trend is working against this one
  • 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
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Recent Catalysts

NONE Cleansing Notice
NONE Application for quotation of securities - AHN
NONE Quarterly Activities/Appendix 5B Cash Flow Report

Recent ASX Announcements

2026-07-28 Cleansing Notice
2026-07-28 Application for quotation of securities - AHN
2026-07-16 Quarterly Activities/Appendix 5B Cash Flow Report PRICE SENSITIVE
2026-07-15 Change in substantial holding
2026-07-14 Change of Director's Interest Notice x 3

Key Metrics

$9.4M
Market Cap
46K
Avg Volume
7.0x
Vol Ratio
$0.05 — $0.18
52-Week Range
N/A
Short Interest
2 qtrs
Cash Runway
-7.1%
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandpassFloat: 25%
LLeader vs LaggardlaggardRS: -12
IInstitutional Sponsorshipinsufficient_dataInst: 0%
MMarket DirectionneutralNeutral

Sector: Basic Materials

537 tickers in this sector

View all Basic Materials signals →Browse all ASX tickers A–Z →
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