40LOW

HOR

HORSESHOE FPO [HOR]
Horseshoe Metals Limited engages in the development, exploration, and evaluation of mineral properties in Australia. It primarily explores for copper and gold deposits. The company owns 100% interests in the Horseshoe Lights project that comprises seventeen tenements covering an area of approximately 340 square kilometers located in Bryah Basin region of Western Australia. Horseshoe Metals Limited was incorporated in 2006 and is based in West Perth, Australia.
Basic Materials · ASX Small Cap
$0.0300 -3.2%

Updated 26 Mar 2026 · Scores refresh every scan

Score Breakdown

Technical32
Catalyst50
Sentiment50
Fundamental29
Momentum75
Risk Gate40
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Active Signals

Bullish Signals

  • RSI is looking oversold — historically a spot where stocks tend to bounce
  • Stochastic is deep in oversold territory — bounce conditions forming
  • Volume surging at 2.5x normal while price falls — heavy selling pressure
  • Took a hit — down 14.3% over the last 5 days
  • Lagging the Small Ords index — relative strength of 0.73, underperforming its peers
  • Low cash runway (2 quarters) - dilution risk
  • Very high P/S ratio (194.1x)
  • Small-cap ($20-100M)
  • Capital raise activity (2 events)
  • Dilution velocity warning (2 raises recently)
  • Sentiment is mixed — no strong consensus either way
  • Strong long-term momentum — up 130% over the past year (excluding last month)
  • The bigger volume days are the up days — volume-weighted momentum is positive (2.25%/day)
  • Elevated dilution risk (2 recent capital raises)
  • Low-priced stock risk ($0.029)
  • 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 (2/9, low-confidence approx)
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • Overseas neutral (-1pts, S&P500 neutral, VIX 25)
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Recent Catalysts

NONE New Copper Exploration Target - Motters Zone
NONE Cleansing Notice
NONE Application for quotation of securities - HOR

Recent ASX Announcements

2026-02-17 New Copper Exploration Target - Motters Zone PRICE SENSITIVE
2026-02-04 Cleansing Notice
2026-02-04 Application for quotation of securities - HOR
2026-02-04 Proposed issue of securities - HOR
2026-02-04 Notification regarding unquoted securities - HOR

Key Metrics

$21.7M
Market Cap
688K
Avg Volume
2.5x
Vol Ratio
$0.01 — $0.05
52-Week Range
N/A
Short Interest
N/A
Cash Runway
N/A
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandneutralFloat: 54%
LLeader vs LaggardlaggardRS: -5
IInstitutional Sponsorshipinsufficient_dataInst: 0%
MMarket DirectionneutralNeutral

Sector: Basic Materials

Ranked #464 of 558 · Sector avg: 46

View all Basic Materials signals →
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