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
$0.0790 -1.2%

Updated 9 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

  • MACD momentum is picking up steam
  • Volume surging at 5.6x normal while price falls — heavy selling pressure
  • Sitting near support — this level has held before and could attract buyers again
  • Volume-price trend says buyers are quietly accumulating — price hasn't caught up yet
  • Volatility is contracting — like a spring being compressed, breakouts often follow
  • Low cash runway (2 quarters) - dilution risk
  • 4C filed 2026-07-27
  • Very high P/S ratio (3279.4x)
  • Revenue in sharp decline (-80%)
  • Micro-cap ($5-20M) - high risk
  • Sentiment is mixed — no strong consensus either way
  • Altman Z-Score distress zone (1.51 < 1.81, low-confidence approx)
  • Liquidity risk: 6 zero-volume days in last 20
  • AUD/USD strong (-2pts)
  • 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
  • Revenue declining at -80% — the top line is shrinking

Expected next for AKO

28 Oct 2026Quarterly Activities ReportEstimated from past filings
Window: 14 Oct to 11 Nov
The last 7 moved AKO -1.5% on the day, on average — an observation, not a guide to what happens next.
2 Nov 2026Quarterly Activities ReportEstimated from past filings
Window: 19 Oct to 16 Nov
The last 7 moved AKO -1.5% on the day, on average — an observation, not a guide to what happens next.
6 Nov 2026Exploration ResultsEstimated from past filings
Window: 16 Oct to 27 Nov
The last 4 moved AKO -0.2% on the day, on average — an observation, not a guide to what happens next.
Each date is labelled with how it is known. A date estimated from past filings is inferred from this company's own filing rhythm — it is not a confirmed date and not a statement about what the company intends to do. See the whole ASX calendar →

Recent Catalysts

NONE Critical Supply Chain Optimisation for the Bekisopa Project
NONE 30 June 2026 Quarterly Activities & Cashflow Report

Recent ASX Announcements

2026-08-11 Critical Supply Chain Optimisation for the Bekisopa Project
2026-07-27 30 June 2026 Quarterly Activities & Cashflow Report PRICE SENSITIVE

Key Metrics

$17.2M
Market Cap
98K
Avg Volume
5.6x
Vol Ratio
$0.07 — $0.11
52-Week Range
N/A
Short Interest
2 qtrs
Cash Runway
-13.7%
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandneutralFloat: 51%
LLeader vs LaggardpassRS: 3
IInstitutional Sponsorshipinsufficient_dataInst: 0%
MMarket DirectionneutralNeutral

Sector: Basic Materials

535 tickers in this sector

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