DEV

DEVEXRESOU FPO [DEV]
DevEx Resources Limited operates as a uranium exploration company in Australia. The company's principal projects are the Nabarlek uranium project and the Murphy West uranium project located in the Northern Territory. It also holds Kennedy Rare Earth Elements Project located in North Queensland. The company was formerly known as Uranium Equities Limited and changed its name to DevEx Resources Limited in November 2017. DevEx Resources Limited was incorporated in 1969 and is based in West Perth, Australia.
Basic Materials · ASX Small Cap
$0.2700 +5.9%

Updated 21 Jul 2026 · Signals refresh every scan

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Active Signals

Bullish Signals

  • Bollinger squeeze with volume pouring in — this is the kind of setup that often precedes a big move
  • Trading above both moving averages — the trend is your friend here
  • Above-average volume (1.8x) on a green day — buyers stepping up
  • Watch out — volume is flowing out even as price holds up. Distribution pattern
  • Beating the Small Ords index — relative strength of 1.14, so it's outpacing the pack
  • Volatility is contracting — like a spring being compressed, breakouts often follow
  • Trading above the 200-day average — the long-term trend is on your side
  • Strong cash runway (16 quarters)
  • Pre-revenue with moderate cash ($10-30M)
  • Revenue in sharp decline (-98%)
  • Rights issue announced - significant dilution
  • Sentiment is mixed — no strong consensus either way
  • Strong long-term momentum — up 82% over the past year (excluding last month)
  • The bigger volume days are the up days — volume-weighted momentum is positive (5.00%/day)
  • Pre-revenue company — Altman Z-Score not applicable
  • RBA hiking (-3pts)
  • Dilution risk: technical breakout with recent capital raise
  • Calendar: Quarterly Activities in 3d (+5pts)

Risk Signals

  • Piotroski F-Score weak (3/9, low-confidence approx)
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • Revenue declining at -98% — the top line is shrinking
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Recent Catalysts

NONE S708A Cleansing Notice - Conversion of Performance Rights
NONE Application for quotation of securities - DEV
NONE DevEx Secures Further Funding for Nabarlek Drill Campaign
HIGH DevEx Completes Acquisition of AGE's Uranium Tenure in NT

Recent ASX Announcements

2026-07-09 S708A Cleansing Notice - Conversion of Performance Rights
2026-07-09 Application for quotation of securities - DEV
2026-06-29 DevEx Completes Acquisition of AGE's Uranium Tenure in NT
2026-06-22 DevEx Secures Further Funding for Nabarlek Drill Campaign
2026-06-21 DevEx included in Sprott Junior Uranium Miners ETF PRICE SENSITIVE

Key Metrics

$181.1M
Market Cap
915K
Avg Volume
1.8x
Vol Ratio
$0.07 — $0.33
52-Week Range
0.5%
Short Interest
N/A
Cash Runway
-36.1%
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandneutralFloat: 61%
LLeader vs LaggardpassRS: 9
IInstitutional SponsorshipweakInst: 9%
MMarket DirectionneutralNeutral

Sector: Basic Materials

530 tickers in this sector

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