AXN

ALLI NCKL FPO [AXN]
Alliance Nickel Limited engages in the exploration and development of mineral properties in Australia. The company explores for nickel and cobalt deposits. Its principal property is the 100% owned NiWest nickel cobalt project located at the Murrin Murrin in the Northeastern Goldfields of Western Australia. The company was formerly known as GME Resources Limited and changed its name to Alliance Nickel Limited in January 2023. Alliance Nickel Limited was founded in 1980 and is headquartered in Nedlands, Australia.
Basic Materials · ASX Small Cap
$0.0320 +28.0%

Updated 23 Jul 2026 · Signals refresh every scan

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Active Signals

Bullish Signals

  • MACD just crossed bullish — momentum is shifting to the upside
  • Above-average volume (1.8x) on a green day — buyers stepping up
  • On a tear — up 18.5% over the last 5 days
  • Beating the Small Ords index — relative strength of 1.15, so it's outpacing the pack
  • Volatility is contracting — like a spring being compressed, breakouts often follow
  • Low cash runway (4 quarters) - dilution risk
  • Very high P/S ratio (56.5x)
  • Revenue in sharp decline (-69%)
  • Small-cap ($20-100M)
  • CANSLIM I: Institutional ownership (39%)
  • Sentiment is mixed — no strong consensus either way
  • Altman Z-Score grey zone (2.31, low-confidence approx)
  • Low-priced stock risk ($0.029)
  • RBA hiking (-3pts)

Risk Signals

  • Below the 200-day average — the long-term trend is still working against it
  • Piotroski F-Score weak (2/9, low-confidence approx)
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • Long-term momentum is negative — down 28% over the past year
  • Revenue declining at -69% — the top line is shrinking
  • Sentiment trap: strong technicals but weak fundamentals
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Recent Catalysts

NONE Change of Director's Interest Notice
NONE NiWest Project Update - Vat Leach Testwork commenced
NONE Existing Unsecured Loans Extended to 30 June 2027

Recent ASX Announcements

2026-07-03 Change of Director's Interest Notice
2026-06-25 NiWest Project Update - Vat Leach Testwork commenced PRICE SENSITIVE
2026-06-24 Existing Unsecured Loans Extended to 30 June 2027 PRICE SENSITIVE
2026-06-09 Notification of cessation of securities - AXN
2026-06-09 Application for quotation of securities - AXN

Key Metrics

$24.1M
Market Cap
222K
Avg Volume
1.8x
Vol Ratio
$0.02 — $0.06
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-4.5%
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandneutralFloat: 58%
LLeader vs LaggardlaggardRS: -12
IInstitutional SponsorshippassInst: 39%
MMarket DirectionneutralNeutral

Sector: Basic Materials

505 tickers in this sector

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