DRE

DREDNOUGHT FPO [DRE]
Dreadnought Resources Limited operates as mineral exploration and development company in Australia. It primarily explores for copper, nickel, gold, silver, cobalt, and platinum group elements; rare earth elements; iron ore; and base metals. Dreadnought Resources Limited was formerly known as Tychean Resources Limited and changed its name to Dreadnought Resources Limited in February 2019. The company was incorporated in 2006 and is based in Osborne Park, Australia.
Basic Materials · ASX Small Cap
$0.0130 -13.3%

Updated 23 Jul 2026 · Signals refresh every scan

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Active Signals

Bullish Signals

  • RSI drifting toward oversold territory — worth watching
  • Beating the Small Ords index — relative strength of 1.13, so it's outpacing the pack
  • Strong cash runway (64 quarters)
  • Pre-revenue with moderate cash ($10-30M)
  • Near 52-week low (11% of range)
  • Small-cap ($20-100M)
  • Sentiment is mixed — no strong consensus either way
  • This one has been in freefall — down 63% over the past year
  • Pre-revenue company — Altman Z-Score not applicable
  • Penny stock risk ($0.014)
  • 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
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Recent Catalysts

NONE 12 Mineralised Corridors Identified and Growing
NONE RC and Diamond Drilling Commenced at Metzkes Find
NONE 94% Increase in High-Grade Indicated Resource, Metzkes Find
Announcement tone +3pts

Recent ASX Announcements

2026-07-19 12 Mineralised Corridors Identified and Growing PRICE SENSITIVE
2026-07-12 RC and Diamond Drilling Commenced at Metzkes Find PRICE SENSITIVE
2026-06-22 94% Increase in High-Grade Indicated Resource, Metzkes Find PRICE SENSITIVE
2026-06-21 7km Strike Anomaly Identified and Growing, Illaara Gold PRICE SENSITIVE
2026-06-15 Notification of cessation of securities - DRE

Key Metrics

$80.2M
Market Cap
4.5M
Avg Volume
0.5x
Vol Ratio
$0.01 — $0.05
52-Week Range
0.0%
Short Interest
N/A
Cash Runway
-11.8%
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandneutralFloat: 76%
LLeader vs LaggardlaggardRS: -20
IInstitutional SponsorshipweakInst: 0%
MMarket DirectionneutralNeutral

Sector: Basic Materials

505 tickers in this sector

View all Basic Materials signals →Browse all ASX tickers A–Z →
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