MAT

MATSA RES FPO [MAT]
Matsa Resources Limited engages in the exploration of mineral resources in Australia and Thailand. It primarily explores for gold, copper, silver, lead, lithium, tin, rare earth elements, and base metals. The company's flagship project is the Lake Carey Gold project that comprises approximately 450 square kilometers of prospective tenements within the Laverton Tectonic Zone of the Kurnalpi Terrane, Western Australia. Matsa Resources Limited was incorporated in 2003 and is headquartered in Perth, Australia.
Basic Materials · ASX Small Cap
$0.0650 +4.8%

Updated 23 Jul 2026 · Signals refresh every scan

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Active Signals

Bullish Signals

  • MACD just crossed bullish — momentum is shifting to the upside
  • Above-average volume (1.9x) on a green day — buyers stepping up
  • Beating the Small Ords index — relative strength of 1.19, so it's outpacing the pack
  • Volatility is contracting — like a spring being compressed, breakouts often follow
  • Critical cash runway (1.2 quarters)
  • Moderate P/S ratio (5.1x)
  • Near 52-week low (8% of range)
  • Small-cap ($20-100M)
  • CANSLIM I: Institutional ownership (17%)
  • Sentiment is mixed — no strong consensus either way
  • This one has been in freefall — down 50% over the past year
  • RBA hiking (-3pts)
  • Calendar: Quarterly Activities in 8d (+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)
  • Deeply negative margins (-193%)
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • The bigger volume days are the down days — volume-weighted momentum is negative (-1.63%/day)
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Recent Catalysts

NONE Fortitude North Multiple High Grade Gold Results
NONE Secondary Trading Notice
NONE Application for quotation of securities - MAT

Recent ASX Announcements

2026-07-09 Fortitude North Multiple High Grade Gold Results PRICE SENSITIVE
2026-07-03 Secondary Trading Notice
2026-07-03 Application for quotation of securities - MAT
2026-07-02 Final Director's Interest Notice
2026-07-02 Initial Director's Interest Notice x 3

Key Metrics

$60.2M
Market Cap
828K
Avg Volume
1.9x
Vol Ratio
$0.05 — $0.15
52-Week Range
0.0%
Short Interest
N/A
Cash Runway
-174.4%
ROE
-193.1%
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandneutralFloat: 56%
LLeader vs LaggardlaggardRS: -4
IInstitutional SponsorshippassInst: 18%
MMarket DirectionneutralNeutral

Sector: Basic Materials

505 tickers in this sector

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