MDI

MIDDLE ISL FPO [MDI]
Middle Island Resources Limited engages in the identification, acquisition, and exploration of mineral assets in Australia. It explores for copper and gold. The company's flagship project is the Barkly project that comprises 16 exploration licenses covering an area of approximately 6,918 square kilometers located in the Barkly region of the Northern Territory. Middle Island Resources Limited was incorporated in 2010 and is headquartered in West Perth, Australia.
Basic Materials · ASX Small Cap
$0.0140 +7.7%

Updated 9 Sep 2026 · Signals refresh every scan

Appeared in 2 consecutive scansFirst seen: 2026-03-03
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Active Signals

Bullish Signals

  • Stochastic just turned bullish from a low level — early reversal sign
  • Volume surging at 3.4x 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
  • Strong cash runway (8 quarters)
  • 4C filed 2026-07-31
  • Very high P/S ratio (126.2x)
  • Strong revenue growth (+496%)
  • Near 52-week low (2% of range)
  • Micro-cap ($5-20M) - high risk
  • Sentiment is mixed — no strong consensus either way
  • This one has been in freefall — down 62% over the past year
  • Revenue growing at +496% — the top line is moving in the right direction
  • The bigger volume days are the up days — volume-weighted momentum is positive (2.23%/day)
  • Altman Z-Score distress zone (1.67 < 1.81, low-confidence approx)
  • Penny stock risk ($0.013)
  • AUD/USD strong (-2pts)
  • RBA hiking (-3pts)

Risk Signals

  • Below the 200-day average — the long-term trend is still working against it
  • Not enough chatter to gauge sentiment — defaulting to neutral

Expected next for MDI

2 Oct 2026Quarterly Cash Flow Report (4C)Estimated from past filings
Window: 25 Sep to 9 Oct
The last 3 moved MDI +2.0% on the day, on average — an observation, not a guide to what happens next.
Each date is labelled with how it is known. A date estimated from past filings is inferred from this company's own filing rhythm — it is not a confirmed date and not a statement about what the company intends to do. See the whole ASX calendar →

Recent Catalysts

NONE Significant Copper Targets Confirmed at Jelaca & Oglavak
NONE Large-Scale Gold Targets Confirmed at Zabrnjica & Beli Potok
NONE Quarterly Activities Report & Cash Flow Report
Announcement tone +3pts

Recent ASX Announcements

2026-09-02 Significant Copper Targets Confirmed at Jelaca & Oglavak PRICE SENSITIVE
2026-08-24 Large-Scale Gold Targets Confirmed at Zabrnjica & Beli Potok PRICE SENSITIVE
2026-07-31 Quarterly Activities Report & Cash Flow Report PRICE SENSITIVE
2026-07-19 MDI Strengthens Serbian Leadership Team

Key Metrics

$12.9M
Market Cap
408K
Avg Volume
3.4x
Vol Ratio
$0.01 — $0.07
52-Week Range
N/A
Short Interest
8 qtrs
Cash Runway
-11.6%
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandneutralFloat: 78%
LLeader vs LaggardlaggardRS: -4
IInstitutional SponsorshipweakInst: 0%
MMarket DirectionneutralNeutral

Sector: Basic Materials

535 tickers in this sector

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