AKO

AKORA RES FPO [AKO]
AKORA Resources Limited engages in the exploration, evaluation, and development of iron ore projects. Its flagship project is the Bekisopa iron ore project located in Madagascar. The company was formerly known as Indian Pacific Resources Limited and changed its name to AKORA Resources Limited in September 2020. The company was incorporated in 2009 and is headquartered in Ballarat, Australia.
Basic Materials · ASX Small Cap
$0.0840 +0.0%

Updated 23 Jul 2026 · Signals refresh every scan

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Active Signals

Bullish Signals

  • Trading above both moving averages — the trend is your friend here
  • Knocking on the door of resistance — if it punches through, things could get interesting
  • Beating the Small Ords index — relative strength of 1.14, so it's outpacing the pack
  • Volatility is contracting — like a spring being compressed, breakouts often follow
  • Trading above the 200-day average — the long-term trend is on your side
  • Low cash runway (2 quarters) - dilution risk
  • Very high P/S ratio (3487.0x)
  • Revenue in sharp decline (-80%)
  • Micro-cap ($5-20M) - high risk
  • Rights issue announced - significant dilution
  • Dilution velocity warning (2 raises recently)
  • CANSLIM S: Tight float (48%)
  • Sentiment is mixed — no strong consensus either way
  • Altman Z-Score distress zone (1.52 < 1.81, low-confidence approx)
  • Elevated dilution risk (2 recent capital raises)
  • Liquidity risk: 7 zero-volume days in last 20
  • RBA hiking (-3pts)
  • Dilution risk: technical breakout with recent capital raise
  • Calendar: Quarterly Activities in 10d (+3pts)

Risk Signals

  • Stochastic is stretched into overbought — could need a breather
  • Piotroski F-Score weak (2/9, low-confidence approx)
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • Revenue declining at -80% — the top line is shrinking
  • The bigger volume days are the down days — volume-weighted momentum is negative (-0.73%/day)
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Recent Catalysts

NONE Cleansing Notice
NONE Application for quotation of securities - AKO
NONE Application for quotation of securities - AKO

Recent ASX Announcements

2026-07-01 Cleansing Notice
2026-07-01 Application for quotation of securities - AKO
2026-07-01 Application for quotation of securities - AKO
2026-07-01 Entitlement Offer Shortfall Placed PRICE SENSITIVE
2026-06-23 Results of Entitlement Offer

Key Metrics

$18.3M
Market Cap
71K
Avg Volume
1.3x
Vol Ratio
$0.07 — $0.11
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-13.7%
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandpassFloat: 48%
LLeader vs LaggardlaggardRS: 0
IInstitutional Sponsorshipinsufficient_dataInst: 0%
MMarket DirectionneutralNeutral

Sector: Basic Materials

505 tickers in this sector

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