DRX

DIATREME FPO [DRX]
Diatreme Resources Limited, together with its subsidiaries, engages in the exploration and development of mineral properties in Australia. The company explores for silica sands, heavy mineral sands, copper, and base metals deposits. Its flagship property is the Northern Silica Project located in Far North Queensland. The company was formerly known as Minstrike Limited and changed its name to Diatreme Resources Limited in March 2001. Diatreme Resources Limited was incorporated in 1993 and is based in Coorparoo, Australia.
Basic Materials · ASX Small Cap
$0.0120 +9.1%

Updated 22 Jul 2026 · Signals refresh every scan

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Active Signals

Bullish Signals

  • MACD momentum is picking up steam
  • Bollinger Bands are tightening — volatility is coiling up for a potential breakout
  • Low cash runway (4 quarters) - dilution risk
  • Very high P/S ratio (324.3x)
  • Near 52-week low (15% of range)
  • Small-cap ($20-100M)
  • CANSLIM S: Tight float (35%)
  • Sentiment is mixed — no strong consensus either way
  • Penny stock risk ($0.012)
  • RBA hiking (-3pts)
  • Calendar: Quarterly 4C in 8d (+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
  • Long-term momentum is negative — down 32% over the past year
  • The bigger volume days are the down days — volume-weighted momentum is negative (-1.24%/day)
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Recent Catalysts

NONE Appendix 5B Cash Flow Report
NONE Sibelco injects $4.4M in boost for silica sand joint venture
NONE Change of Director's Interest Notice
MEDIUM Maiden Mineral Resource Estimate at Casuarina Deposit

Recent ASX Announcements

2026-07-16 Appendix 5B Cash Flow Report PRICE SENSITIVE
2026-07-07 Sibelco injects $4.4M in boost for silica sand joint venture PRICE SENSITIVE
2026-06-29 Change of Director's Interest Notice
2026-06-22 Maiden Mineral Resource Estimate at Casuarina Deposit PRICE SENSITIVE
2026-06-16 Diatreme Appoints Brian Flannery as Chair

Key Metrics

$60.1M
Market Cap
721K
Avg Volume
0.7x
Vol Ratio
$0.01 — $0.02
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-0.8%
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandpassFloat: 35%
LLeader vs LaggardlaggardRS: -17
IInstitutional SponsorshipweakInst: 2%
MMarket DirectionneutralNeutral

Sector: Basic Materials

506 tickers in this sector

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