FUN

FORTUNA FPO [FUN]
Fortuna Metals Limited explores and evaluates mineral projects in Malawi and Australia. It explores for neodymium, praseodymium, rutile, graphite, gold, rare earth elements (REE), and other base metals deposits. The company was formerly known as Lanthanein Resources Limited and changed its name Fortuna Metals Limited in August 2025. Fortuna Metals Limited was incorporated in 2001 and is based in Perth, Australia.
Basic Materials · ASX Small Cap
$0.0990 +3.1%

Updated 23 Jul 2026 · Signals refresh every scan

Get alerts when FUN triggers a new signal
Free watchlist with daily scans for 2,200+ ASX stocks
Track FUN — Free

Active Signals

Bullish Signals

  • RSI drifting toward oversold territory — worth watching
  • Stochastic just turned bullish from a low level — early reversal sign
  • Drifting lower — down 5.7% over the last 5 days
  • Strong cash runway (29 quarters)
  • Very high P/S ratio (435.8x)
  • Strong revenue growth (+168%)
  • Small-cap ($20-100M)
  • CANSLIM A: Turned profitable
  • Sentiment is mixed — no strong consensus either way
  • Revenue growing at +168% — the top line is moving in the right direction
  • The bigger volume days are the up days — volume-weighted momentum is positive (1.12%/day)
  • Altman Z-Score grey zone (1.97, low-confidence approx)
  • RBA hiking (-3pts)
  • Calendar: Quarterly 4C in 11d (+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
Ask Scout AI about FUN
"What's driving FUN today?" "How does FUN compare to peers?" "Key risks for FUN?"
3 free messages/day · Unlimited with Pro

Recent Catalysts

NONE Rutile Equivalent Resource at Mkanda
NONE Globally Significant Rutile - Graphite Resource at Mkanda
NONE Results of Meeting
NEGATIVE Trading Halt

Recent ASX Announcements

2026-07-19 Rutile Equivalent Resource at Mkanda
2026-07-14 Globally Significant Rutile - Graphite Resource at Mkanda PRICE SENSITIVE
2026-07-13 Results of Meeting
2026-07-12 Trading Halt PRICE SENSITIVE
2026-07-05 Aircore Drilling Commenced PRICE SENSITIVE

Key Metrics

$31.0M
Market Cap
294K
Avg Volume
1.4x
Vol Ratio
$0.03 — $0.22
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-40.2%
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsimprovingCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandneutralFloat: 59%
LLeader vs LaggardlaggardRS: -1
IInstitutional SponsorshipweakInst: 4%
MMarket DirectionneutralNeutral

Sector: Basic Materials

505 tickers in this sector

View all Basic Materials signals →Browse all ASX tickers A–Z →
Related Tickers
CLA +300.0%VAR +33.3%ARV +33.3%MYE +32.4%NFM +30.0%
Compare:FUN vs CLAFUN vs VARFUN vs ARV
Scout Pro — Deeper Analysis for FUN
Try Pro free for 30 days
Share this analysis

Track FUN and 2,200+ ASX stocks

Get free access to Scout's AI-powered dashboard with daily scans, watchlist alerts, and exit management for every ASX small cap.

Open Dashboard — Free Free Screener
No credit card required