MBK

METAL BANK FPO [MBK]
Metal Bank Limited engages in the exploration of mineral properties in Australia. The company primarily explores for gold, copper, and cobalt. Metal Bank Limited was incorporated in 2007 and is based in Sydney, Australia.
Basic Materials · ASX Small Cap
$0.0120 +20.0%

Updated 23 Jul 2026 · Signals refresh every scan

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Active Signals

Bullish Signals

  • Volume surging at 4.4x normal while price falls — heavy selling pressure
  • Volume-price trend suggests distribution — sellers may be sneaking out while price holds
  • Strong cash runway (9 quarters)
  • Revenue in sharp decline (-55%)
  • Near 52-week low (0% of range)
  • Micro-cap ($5-20M) - high risk
  • New substantial holder(s) (1)
  • Recent placement detected - dilution risk
  • Dilution velocity warning (3 raises recently)
  • CANSLIM S: Tight float (50%)
  • Sentiment is mixed — no strong consensus either way
  • Pre-revenue company — Altman Z-Score not applicable
  • Elevated dilution risk (3 recent capital raises)
  • Penny stock risk ($0.010)
  • RBA hiking (-3pts)
  • Calendar: Quarterly Activities in 3d (+5pts)

Risk Signals

  • 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
  • Revenue declining at -55% — the top line is shrinking
  • The bigger volume days are the down days — volume-weighted momentum is negative (-0.68%/day)
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Recent Catalysts

NONE Cleansing Notice
NONE Application for quotation of securities - MBK
NONE Cleansing Notice
MEDIUM Placement Completed raising $1.2M
HIGH Becoming a substantial holder

Recent ASX Announcements

2026-07-02 Cleansing Notice
2026-07-02 Placement Completed raising $1.2M
2026-07-02 Application for quotation of securities - MBK
2026-06-10 Becoming a substantial holder
2026-06-09 Cleansing Notice

Key Metrics

$9.1M
Market Cap
409K
Avg Volume
4.4x
Vol Ratio
$0.01 — $0.03
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-15.2%
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandpassFloat: 50%
LLeader vs LaggardlaggardRS: -21
IInstitutional SponsorshipweakInst: 0%
MMarket DirectionneutralNeutral

Sector: Basic Materials

505 tickers in this sector

View all Basic Materials signals →Browse all ASX tickers A–Z →
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