CNJ

CONICO LTD FPO [CNJ]
Conico Ltd engages in the exploration and development of mineral properties in Australia. It primarily explores for gold, lead, zinc, cobalt, copper, platinum group elements, nickel, and manganese deposits, as well as magmatic sulphide. The company holds 100% interests in the Ryberg comprising an area of 4,521 square kilometers; and Mestersvig Projects located in Greenland. In addition, it holds a 50% interest in the Mt Thirsty project located to the northwest of Norseman, Western Australia. The company was formerly known as Fission Energy Ltd. and changed its name to Conico Ltd in July 2013. Conico Ltd was incorporated in 2006 and is headquartered in Perth, Australia.
Basic Materials · ASX Small Cap
$0.0080 +0.0%

Updated 21 Jul 2026 · Signals refresh every scan

⚠ Funding Risk — Cash runway under 4 quarters. Capital raise or funding may be required.
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Active Signals

Bullish Signals

  • RSI drifting toward oversold territory — worth watching
  • Stochastic is deep in oversold territory — bounce conditions forming
  • Volume surging at 85.7x normal while price falls — heavy selling pressure
  • Sitting near support — this level has held before and could attract buyers again
  • Volatility is contracting — like a spring being compressed, breakouts often follow
  • Critical cash runway (1.5 quarters)
  • 4C filed 2026-04-30
  • Very high P/S ratio (4825.1x)
  • Revenue in sharp decline (-40%)
  • Near 52-week low (0% of range)
  • Micro-cap ($5-20M) - high risk
  • CANSLIM S: Tight float (43%)
  • Sentiment is mixed — no strong consensus either way
  • This one has been in freefall — down 81% over the past year
  • The bigger volume days are the up days — volume-weighted momentum is positive (0.56%/day)
  • Altman Z-Score distress zone (1.09 < 1.81, low-confidence approx)
  • Penny stock risk ($0.008)
  • Liquidity risk: 9 zero-volume days in last 20
  • RBA hiking (-3pts)
  • Calendar: Quarterly 4C in 12d (+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 -40% — the top line is shrinking
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Key Metrics

$5.2M
Market Cap
212K
Avg Volume
85.7x
Vol Ratio
$0.01 — $0.10
52-Week Range
N/A
Short Interest
2 qtrs
Cash Runway
-618.7%
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandpassFloat: 43%
LLeader vs LaggardlaggardRS: -3
IInstitutional Sponsorshipinsufficient_dataInst: 0%
MMarket DirectionneutralNeutral

Sector: Basic Materials

530 tickers in this sector

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