MCM

MCMINING FPO [MCM]
MC Mining Limited, together with its subsidiaries, engages in the acquisition, exploration, development, and operation of steelmaking and thermal coal projects in South Africa. Its flagship project is the 67% owned Makhado steelmaking hard coking coal project located in the Soutpansberg coalfield in the Limpopo province. The company was formerly known as Coal of Africa Limited and changed its name to MC Mining Limited in November 2017. MC Mining Limited was incorporated in 1979 and is based in Melbourne, Australia.
Energy · ASX Small Cap
$0.2700 +0.0%

Updated 22 Jul 2026 · Signals refresh every scan

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Active Signals

Bullish Signals

  • RSI drifting toward oversold territory — worth watching
  • MACD momentum is picking up steam
  • Bollinger Bands are tightening — volatility is coiling up for a potential breakout
  • Volume surging at 2.7x normal while price falls — heavy selling pressure
  • Volume-price trend says buyers are quietly accumulating — price hasn't caught up yet
  • Volatility is contracting — like a spring being compressed, breakouts often follow
  • Trading above the 200-day average — the long-term trend is on your side
  • Critical cash runway (1.4 quarters)
  • Moderate P/S ratio (14.6x)
  • Revenue in sharp decline (-22%)
  • Capital raise activity (1 events)
  • CANSLIM S: Tight float (20%)
  • Sentiment is mixed — no strong consensus either way
  • Strong long-term momentum — up 116% over the past year (excluding last month)
  • Excellent risk-adjusted returns — Sharpe of 1.6 means strong gains without wild swings
  • Commodity (Crude Oil): strong_up (+5pts)
  • RBA hiking (-3pts)
  • Dilution risk: technical breakout with recent capital raise
  • Calendar: Quarterly 4C in 11d (+5pts)

Risk Signals

  • Trading below both moving averages — the trend is working against this one
  • 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 (-0.56%/day)
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Recent Catalysts

NONE Change in substantial holding notices x 4
NONE Release of Securities from Escrow
NONE MC Mining enters into US$9.94M convertible note program

Recent ASX Announcements

2026-07-07 Change in substantial holding notices x 4
2026-06-29 Release of Securities from Escrow
2026-06-11 MC Mining enters into US$9.94M convertible note program PRICE SENSITIVE

Key Metrics

$228.1M
Market Cap
10K
Avg Volume
2.7x
Vol Ratio
$0.10 — $0.37
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-40.5%
ROE
-226.9%
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandpassFloat: 20%
LLeader vs LaggardlaggardRS: -6
IInstitutional SponsorshipweakInst: 3%
MMarket DirectionneutralNeutral

Sector: Energy

62 tickers in this sector

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