HOR
HORSESHOE FPO [HOR]
Basic Materials · ASX Small Cap
$0.0280 -6.7%
Updated 3 Sep 2026 · Signals refresh every scan
⚠ Funding Risk — Cash runway under 4 quarters. Capital raise or funding may be required.
Appeared in 2 consecutive scansFirst seen: 2026-02-25
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Active Signals
Bullish Signals
- MACD momentum is losing steam
- Volume surging at 2.8x normal while price falls — heavy selling pressure
- Drifting lower — down 9.7% over the last 5 days
- Beating the Small Ords index — relative strength of 1.43, so it's outpacing the pack
- Critical cash runway (0.4 quarters)
- 4C filed 2026-07-31
- Very high P/S ratio (84.0x)
- Strong revenue growth (+173%)
- Small-cap ($20-100M)
- Sentiment is mixed — no strong consensus either way
- Revenue growing at +173% — the top line is moving in the right direction
- The bigger volume days are the up days — volume-weighted momentum is positive (0.99%/day)
- Low-priced stock risk ($0.028)
- AUD/USD strong (-2pts)
- RBA hiking (-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 39% over the past year
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Recent Catalysts
NONE DSO Operations Commence at Horseshoe Lights Copper Project
NONE Copper Exploration Target Highlights Large-Scale Potential
NONE Quarterly Activities/Appendix 5B Cash Flow Report
Recent ASX Announcements
| 2026-08-18 | DSO Operations Commence at Horseshoe Lights Copper Project PRICE SENSITIVE |
| 2026-08-10 | Copper Exploration Target Highlights Large-Scale Potential PRICE SENSITIVE |
| 2026-07-31 | Quarterly Activities/Appendix 5B Cash Flow Report PRICE SENSITIVE |
Key Metrics
$21.0M
Market Cap
196K
Avg Volume
2.8x
Vol Ratio
$0.02 — $0.05
52-Week Range
N/A
Short Interest
0 qtrs
Cash Runway
N/A
ROE
N/A
Profit Margin
CANSLIM Analysis
| Factor | Rating | Detail | |
|---|---|---|---|
| C | Current EPS | fail | EPS Growth: 0% |
| A | Annual Earnings | fail | CAGR: 0% |
| N | New Highs / Catalysts | neutral | |
| S | Supply & Demand | neutral | Float: 50% |
| L | Leader vs Laggard | pass | RS: 6 |
| I | Institutional Sponsorship | insufficient_data | Inst: 0% |
| M | Market Direction | neutral | Neutral |
Sector: Basic Materials
537 tickers in this sector
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