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
$0.0090 +0.0%

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
Get alerts when CNJ triggers a new signal
Free watchlist with daily scans for 2,200+ ASX stocks
Track CNJ — Free

Active Signals

Bullish Signals

  • MACD momentum is losing steam
  • Volume surging at 2.1x normal while price climbs — real buying conviction behind this move
  • Took a hit — down 10.0% over the last 5 days
  • Beating the Small Ords index — relative strength of 1.15, so it's outpacing the pack
  • Critical cash runway (1.5 quarters)
  • 4C filed 2026-07-30
  • Very high P/S ratio (4825.1x)
  • Revenue in sharp decline (-40%)
  • Near 52-week low (1% 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 88% over the past year
  • The bigger volume days are the up days — volume-weighted momentum is positive (0.95%/day)
  • Altman Z-Score distress zone (1.09 < 1.81, low-confidence approx)
  • Penny stock risk ($0.008)
  • 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 -40% — the top line is shrinking

Expected next for CNJ

31 Oct 2026Quarterly Cash Flow Report (4C)Estimated from past filings
Window: 24 Oct to 7 Nov
The last 8 moved CNJ +2.5% on the day, on average — an observation, not a guide to what happens next.
2 Nov 2026Quarterly Cash Flow Report (4C)Estimated from past filings
Window: 26 Oct to 9 Nov
The last 8 moved CNJ +2.5% 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 Quarterly Activities/Appendix 5B Cash Flow Report

Recent ASX Announcements

2026-07-30 Quarterly Activities/Appendix 5B Cash Flow Report PRICE SENSITIVE

Key Metrics

$5.2M
Market Cap
856K
Avg Volume
2.1x
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: 0
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 →
Related Tickers
AUQ +26.7%RML +26.2%ION +24.0%LIB -20.0%RRR -19.7%
Compare:CNJ vs AUQCNJ vs RMLCNJ vs ION
Share this analysis

Track CNJ and 2,200+ ASX stocks

Get free access to Scout's AI-powered dashboard with daily scans, watchlist alerts, and exit management for every ASX small cap.

Open Dashboard — Free Free Screener
No credit card required