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 Copper-Gold Project that comprises of 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
$0.0190 +0.0%

Updated 21 Jul 2026 · Signals refresh every scan

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Active Signals

Bullish Signals

  • RSI drifting toward oversold territory — worth watching
  • Volume surging at 138.7x normal while price falls — heavy selling pressure
  • Lagging the Small Ords index — relative strength of 0.85, underperforming its peers
  • Volatility is contracting — like a spring being compressed, breakouts often follow
  • Critical cash runway (0.4 quarters)
  • Very high P/S ratio (57.0x)
  • Strong revenue growth (+173%)
  • Near 52-week low (3% of range)
  • Micro-cap ($5-20M) - high risk
  • Capital raise activity (1 events)
  • Sentiment is mixed — no strong consensus either way
  • Revenue growing at +173% — the top line is moving in the right direction
  • Penny stock risk ($0.019)
  • Liquidity risk: 9 zero-volume days in last 20
  • RBA hiking (-3pts)
  • Calendar: Quarterly 4C in 12d (+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
  • Piotroski F-Score weak (3/9, low-confidence approx)
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • Long-term momentum is negative — down 27% over the past year
  • The bigger volume days are the down days — volume-weighted momentum is negative (-1.88%/day)
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Recent Catalysts

NONE Vesting of Options
NONE Change of Director's Interest Notice - PW
NONE Change of Director's Interest Notice - KS

Recent ASX Announcements

2026-07-01 Vesting of Options
2026-06-16 Change of Director's Interest Notice - PW
2026-06-16 Change of Director's Interest Notice - KS
2026-06-16 Cleansing Notice
2026-06-16 Application for quotation of securities - HOR

Key Metrics

$14.3M
Market Cap
268K
Avg Volume
138.7x
Vol Ratio
$0.02 — $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: 50%
LLeader vs LaggardlaggardRS: -7
IInstitutional Sponsorshipinsufficient_dataInst: 0%
MMarket DirectionneutralNeutral

Sector: Basic Materials

530 tickers in this sector

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