IND

INDUSTRIAL FPO [IND]
Industrial Minerals Ltd engages in the evaluation and exploration of mineral projects in Western Australia. The company explores quartz and silica sands. Its flagship project is the 80% owned Pippingarra Project located in the south-east of Port Hedland, in the Pilbara region of Western Australia. The company was incorporated in 2021 and is based in Peppermint Grove, Australia.
Basic Materials · ASX Small Cap
$0.1100 +0.0%

Updated 24 Jul 2026 · Signals refresh every scan

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Active Signals

Bullish Signals

  • RSI drifting toward oversold territory — worth watching
  • Volume surging at 3.5x normal while price falls — heavy selling pressure
  • Drifting lower — down 8.3% over the last 5 days
  • Lagging the Small Ords index — relative strength of 0.87, underperforming its peers
  • Adequate cash runway (5 quarters)
  • Pre-revenue with limited cash
  • Near 52-week low (17% of range)
  • Micro-cap ($5-20M) - high risk
  • Sentiment is mixed — no strong consensus either way
  • The bigger volume days are the up days — volume-weighted momentum is positive (0.60%/day)
  • Pre-revenue company — Altman Z-Score not applicable
  • 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 (3/9, low-confidence approx)
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • Long-term momentum is negative — down 21% over the past year
  • Overseas neutral (-1pts, S&P500 neutral, VIX 20)
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Recent Catalysts

NONE Notice of General Meeting/Proxy Form
NONE High-Grade Historic Gold Results Confirmed at Laverton

Recent ASX Announcements

2026-07-23 Notice of General Meeting/Proxy Form
2026-06-21 High-Grade Historic Gold Results Confirmed at Laverton PRICE SENSITIVE

Key Metrics

$8.8M
Market Cap
90K
Avg Volume
3.5x
Vol Ratio
$0.09 — $0.20
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-24.4%
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandneutralFloat: 61%
LLeader vs LaggardlaggardRS: -6
IInstitutional Sponsorshipinsufficient_dataInst: 0%
MMarket DirectionneutralNeutral

Sector: Basic Materials

507 tickers in this sector

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