MAG
MAGMATIC FPO [MAG]
Basic Materials · ASX Small Cap
$0.0290 +0.0%
Updated 22 Jul 2026 · Signals refresh every scan
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Active Signals
Bullish Signals
- Bollinger Bands are tightening — volatility is coiling up for a potential breakout
- Above-average volume (1.7x) on a green day — buyers stepping up
- Drifting lower — down 3.3% over the last 5 days
- Beating the Small Ords index — relative strength of 1.13, so it's outpacing the pack
- Strong cash runway (10 quarters)
- Strong revenue growth (+24%)
- Near 52-week low (13% of range)
- Micro-cap ($5-20M) - high risk
- CANSLIM S: Tight float (48%)
- Sentiment is mixed — no strong consensus either way
- This one has been in freefall — down 54% over the past year
- The bigger volume days are the up days — volume-weighted momentum is positive (2.55%/day)
- 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
- Not enough chatter to gauge sentiment — defaulting to neutral
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Recent Catalysts
NONE Release of Securities from Voluntary Escrow
NONE Change of Company Secretary and Registered Office
HIGH Phase 3 Drill Program Completed at Weebo Gold Project
HIGH Phase 3 Drill Program commenced at Weebo Gold Project
Recent ASX Announcements
| 2026-06-22 | Release of Securities from Voluntary Escrow |
| 2026-06-17 | Phase 3 Drill Program Completed at Weebo Gold Project PRICE SENSITIVE |
| 2026-06-15 | Change of Company Secretary and Registered Office |
| 2026-05-28 | Phase 3 Drill Program commenced at Weebo Gold Project PRICE SENSITIVE |
Key Metrics
$14.6M
Market Cap
435K
Avg Volume
1.7x
Vol Ratio
$0.02 — $0.08
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-40.2%
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 | pass | Float: 48% |
| L | Leader vs Laggard | laggard | RS: -2 |
| I | Institutional Sponsorship | insufficient_data | Inst: 0% |
| M | Market Direction | neutral | Neutral |
Sector: Basic Materials
506 tickers in this sector
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