CZN

CORAZON FPO [CZN]
Corazon Mining Limited engages in the exploration of mineral resources and development of mining activities in Australia and Canada. The company primarily explores for nickel, cobalt, copper, gold, lithium, and base and precious metal deposits. Its flagship projects include the 100% owned Lynn Lake Nickel-Copper-Cobalt Sulphide project located in Manitoba, Canada; the Miriam Nickel Sulphide and Lithium project located in the Goldfields of Western Australia; and the Mt Gilmore Copper-Gold-Cobalt project located near the city of Grafton in north-eastern in New South Wales. The company was formerly known as Xanadu Resources Limited and changed its name to Corazon Mining Limited in June 2010. Corazon Mining Limited was incorporated in 2005 and is headquartered in West Perth, Australia.
Basic Materials · ASX Small Cap
$0.0820 -2.4%

Updated 21 Jul 2026 · Signals refresh every scan

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Active Signals

Bullish Signals

  • RSI is looking oversold — historically a spot where stocks tend to bounce
  • Stochastic is deep in oversold territory — bounce conditions forming
  • Volume surging at 2.0x normal while price falls — heavy selling pressure
  • Sitting near support — this level has held before and could attract buyers again
  • Drifting lower — down 6.3% over the last 5 days
  • Lagging the Small Ords index — relative strength of 0.65, underperforming its peers
  • Volatility is contracting — like a spring being compressed, breakouts often follow
  • Strong cash runway (18 quarters)
  • Very high P/S ratio (71.5x)
  • Strong revenue growth (+3295%)
  • Near 52-week low (1% of range)
  • Small-cap ($20-100M)
  • New substantial holder(s) (1)
  • Substantial holder(s) ceased (1)
  • CANSLIM S: Tight float (19%)
  • Sentiment is mixed — no strong consensus either way
  • Revenue growing at +3295% — the top line is moving in the right direction
  • Altman Z-Score grey zone (1.90, low-confidence approx)
  • RBA hiking (-3pts)
  • Calendar: Quarterly 4C in 8d (+5pts)

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
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • Long-term momentum is negative — down 32% over the past year
  • The bigger volume days are the down days — volume-weighted momentum is negative (-1.04%/day)
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Recent Catalysts

NONE Chalice data review revised Appendix A
NONE Chalice Data Review Identifies further Gold Mineralisation
NONE Change of Director's Interest Notice
HIGH Ceasing to be a substantial holder
HIGH Becoming a substantial holder from WGX

Recent ASX Announcements

2026-07-16 Chalice data review revised Appendix A
2026-07-14 Chalice Data Review Identifies further Gold Mineralisation PRICE SENSITIVE
2026-07-12 Change of Director's Interest Notice
2026-07-09 Ceasing to be a substantial holder
2026-07-09 Becoming a substantial holder from WGX

Key Metrics

$20.1M
Market Cap
594K
Avg Volume
2.0x
Vol Ratio
$0.08 — $0.30
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-7.6%
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandpassFloat: 19%
LLeader vs LaggardlaggardRS: -15
IInstitutional Sponsorshipinsufficient_dataInst: 0%
MMarket DirectionneutralNeutral

Sector: Basic Materials

530 tickers in this sector

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