CMD

CASSISUSMI FPO [CMD]
Cassius Mining Limited engages in the mining and exploration of mineral properties in Australia and Africa. The company operates through two segments: Industrial Minerals Development and Mining Exploration. Its flagship project owned 100% interests in the Soalara limestone project located in the south-west of Madagascar; and the Chenene Lithium project located in Tanzania. The company was formerly known as Gulf Industrials Limited and changed its name to Cassius Mining Limited in December 2017. Cassius Mining Limited was incorporated in 2005 and is based in Forest Lodge, Australia.
Basic Materials · ASX Small Cap
$0.0270 +22.7%

Updated 23 Jul 2026 · Signals refresh every scan

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Active Signals

Bullish Signals

  • RSI drifting toward oversold territory — worth watching
  • Volume surging at 4.5x normal while price climbs — real buying conviction behind this move
  • Smart money may be accumulating — volume is flowing in even though price hasn't moved yet
  • Drifting lower — down 3.6% over the last 5 days
  • Volume-price trend says buyers are quietly accumulating — price hasn't caught up yet
  • Volatility is expanding fast — choppy price action, so buckle up
  • Low cash runway (3 quarters) - dilution risk
  • Very high P/S ratio (15421.3x)
  • Revenue in sharp decline (-100%)
  • Small-cap ($20-100M)
  • Capital raise activity (2 events)
  • Dilution velocity warning (2 raises recently)
  • CANSLIM S: Tight float (46%)
  • Sentiment is mixed — no strong consensus either way
  • The bigger volume days are the up days — volume-weighted momentum is positive (1.44%/day)
  • Elevated dilution risk (2 recent capital raises)
  • Low-priced stock risk ($0.029)
  • Liquidity risk: 7 zero-volume days in last 20
  • 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
  • Revenue declining at -100% — the top line is shrinking
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Recent Catalysts

NONE International Arbitration Update
NONE Cleansing Notice
NONE Application for quotation of securities - CMD

Recent ASX Announcements

2026-07-14 International Arbitration Update
2026-07-06 Cleansing Notice
2026-07-06 Application for quotation of securities - CMD
2026-07-06 Application for quotation of securities - CMD
2026-06-30 Cleansing Notice

Key Metrics

$21.8M
Market Cap
94K
Avg Volume
4.5x
Vol Ratio
$0.02 — $0.05
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-110.8%
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandpassFloat: 46%
LLeader vs LaggardlaggardRS: -18
IInstitutional SponsorshipweakInst: 3%
MMarket DirectionneutralNeutral

Sector: Basic Materials

505 tickers in this sector

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