MCM
MCMINING FPO [MCM]
Energy · ASX Small Cap
$0.2750 +0.0%
Updated 3 Sep 2026 · Signals refresh every scan
⚠ Funding Risk — Cash runway under 4 quarters. Capital raise or funding may be required.
Appeared in 2 consecutive scansFirst seen: 2026-02-25
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Active Signals
Bullish Signals
- Trading above both moving averages — the trend is your friend here
- Volume surging at 2.3x normal while price falls — heavy selling pressure
- Volume-price trend suggests distribution — sellers may be sneaking out while price holds
- Trading above the 200-day average — the long-term trend is on your side
- Critical cash runway (1.4 quarters)
- 4C filed 2026-07-31
- Moderate P/S ratio (14.8x)
- Revenue in sharp decline (-22%)
- CANSLIM S: Tight float (20%)
- Sentiment is mixed — no strong consensus either way
- Commodity (Crude Oil): strong_up (+5pts)
- RBA hiking (-3pts)
Risk Signals
- Piotroski F-Score weak (2/9, low-confidence approx)
- Deeply negative margins (-227%)
- Not enough chatter to gauge sentiment — defaulting to neutral
- Revenue declining at -22% — the top line is shrinking
- The bigger volume days are the down days — volume-weighted momentum is negative (-0.33%/day)
Recent Catalysts
NONE Correction to MCM bridge funding announcement
NONE MCM secures bridge funding and further capital support
NONE Quarterly Activities/Appendix 5B Cash Flow Report
Recent ASX Announcements
| 2026-08-13 | Correction to MCM bridge funding announcement PRICE SENSITIVE |
| 2026-08-13 | MCM secures bridge funding and further capital support PRICE SENSITIVE |
| 2026-07-31 | Quarterly Activities/Appendix 5B Cash Flow Report PRICE SENSITIVE |
| 2026-07-28 | CEO Handover and Interim CEO Appointment PRICE SENSITIVE |
| 2026-07-07 | Change in substantial holding notices x 4 |
Key Metrics
$232.4M
Market Cap
22K
Avg Volume
2.3x
Vol Ratio
$0.11 — $0.37
52-Week Range
N/A
Short Interest
1 qtrs
Cash Runway
-40.5%
ROE
-226.9%
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: 20% |
| L | Leader vs Laggard | laggard | RS: -1 |
| I | Institutional Sponsorship | weak | Inst: 3% |
| M | Market Direction | neutral | Neutral |
Sector: Energy
66 tickers in this sector
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