HMG

HAMELIN FPO [HMG]
Hamelin Gold Limited operates as a mineral exploration company in the Western Tanami and Yilgarn regions of Western Australia. The company holds 100% interest in the West Tanami Gold Project covering 2,277 square kilometers of gold province located in Western Australia. Hamelin Gold Limited was incorporated in 2021 and is based in Subiaco, Australia.
Basic Materials · ASX Small Cap
$0.1450 +45.0%

Updated 21 Jul 2026 · Signals refresh every scan

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Active Signals

Bullish Signals

  • MACD momentum is picking up steam
  • Pressing against the upper Bollinger Band — extended and may need to cool off
  • Volume surging at 10.8x normal while price climbs — real buying conviction behind this move
  • Just broke above 20-day resistance — a level that was capping price, now cleared
  • On a tear — up 46.5% over the last 5 days
  • Beating the Small Ords index — relative strength of 1.56, so it's outpacing the pack
  • Volatility is expanding fast — choppy price action, so buckle up
  • Trading above the 200-day average — the long-term trend is on your side
  • Strong cash runway (17 quarters)
  • Very high P/S ratio (9243.8x)
  • Small-cap ($20-100M)
  • CANSLIM S: Tight float (42%)
  • Sentiment is mixed — no strong consensus either way
  • Strong long-term momentum — up 61% over the past year (excluding last month)
  • The bigger volume days are the up days — volume-weighted momentum is positive (14.22%/day)
  • Altman Z-Score grey zone (1.86, low-confidence approx)
  • RBA hiking (-3pts)
  • Calendar: Quarterly 4C in 9d (+5pts)

Risk Signals

  • RSI is running hot — overbought territory, so expect some pullback risk
  • Stochastic turning bearish from a high level — caution
  • RSI is overbought but volume confirms it — this could be genuine momentum, not just froth
  • Not enough chatter to gauge sentiment — defaulting to neutral
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Recent Catalysts

NONE Outstanding First Drill Results from Day Dawn Gold Project
NONE Notification of cessation of securities - HMG
NONE Cancellation of Options
NEGATIVE Trading Halt
Announcement tone +3pts

Recent ASX Announcements

2026-07-19 Outstanding First Drill Results from Day Dawn Gold Project PRICE SENSITIVE
2026-07-16 Trading Halt PRICE SENSITIVE
2026-06-29 Notification of cessation of securities - HMG
2026-06-29 Cancellation of Options
2026-06-01 Drilling Commences at Day Dawn PRICE SENSITIVE

Key Metrics

$27.2M
Market Cap
193K
Avg Volume
10.8x
Vol Ratio
$0.05 — $0.20
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-22.6%
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSneutralEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandpassFloat: 42%
LLeader vs LaggardpassRS: 8
IInstitutional SponsorshipweakInst: 5%
MMarket DirectionneutralNeutral

Sector: Basic Materials

530 tickers in this sector

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Compare:HMG vs EQRHMG vs AJXHMG vs TEM
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