DLI

DELTA FPO [DLI]
Delta Lithium Limited explores for and develops lithium properties in Western Australia. It holds interest in the Yinnetharra Lithium Project covering an area of more than 3,100 square kilometres, located in the Gascoyne Lithium Province of Western Australia. The company was formerly known as Red Dirt Metals Limited and changed its name to Delta Lithium Limited in April 2023. Delta Lithium Limited was incorporated in 2003 and is based in West Perth, Australia.
Basic Materials · ASX Small Cap
$0.1600 +0.0%

Updated 23 Jul 2026 · Signals refresh every scan

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Active Signals

Bullish Signals

  • RSI drifting toward oversold territory — worth watching
  • Stochastic is deep in oversold territory — bounce conditions forming
  • Drifting lower — down 8.6% over the last 5 days
  • Volume-price trend says buyers are quietly accumulating — price hasn't caught up yet
  • Volatility is contracting — like a spring being compressed, breakouts often follow
  • Strong cash runway (80 quarters)
  • Very high P/S ratio (4393.8x)
  • Near 52-week low (6% of range)
  • Capital raise activity (2 events)
  • Dilution velocity warning (2 raises recently)
  • CANSLIM S: Tight float (40%)
  • CANSLIM I: Institutional ownership (16%)
  • Sentiment is mixed — no strong consensus either way
  • Elevated dilution risk (2 recent capital raises)
  • 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
  • The bigger volume days are the down days — volume-weighted momentum is negative (-0.54%/day)
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Recent Catalysts

NONE Notice of Extraordinary General Meeting/Proxy Form
NONE Cleansing Notice
NONE Application for quotation of securities - DLI

Recent ASX Announcements

2026-07-10 Notice of Extraordinary General Meeting/Proxy Form
2026-06-23 Cleansing Notice
2026-06-22 Application for quotation of securities - DLI
2026-06-17 Termination of Ti-Tree Earn-In Joint Venture Agreement
2026-06-15 Proposed issue of securities - DLI

Key Metrics

$115.1M
Market Cap
619K
Avg Volume
0.8x
Vol Ratio
$0.15 — $0.33
52-Week Range
0.0%
Short Interest
N/A
Cash Runway
-1.0%
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandpassFloat: 40%
LLeader vs LaggardlaggardRS: -20
IInstitutional SponsorshippassInst: 16%
MMarket DirectionneutralNeutral

Sector: Basic Materials

505 tickers in this sector

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