MEK
MEEKAMET FPO [MEK]
Basic Materials · ASX Small Cap
$0.0940 -10.5%
Updated 23 Jul 2026 · Signals refresh every scan
Get alerts when MEK triggers a new signal
Free watchlist with daily scans for 2,200+ ASX stocks
Active Signals
Bullish Signals
- RSI drifting toward oversold territory — worth watching
- Above-average volume (1.8x) on a red day — sellers in control
- Drifting lower — down 6.0% over the last 5 days
- Cash positive / operating cashflow positive
- Low P/S ratio (4.2x)
- EPS estimates revised upward (+10pts)
- Near 52-week low (3% of range)
- Director buying detected (1 transactions)
- Rights issue announced - significant dilution
- CANSLIM I: Institutional ownership (16%)
- Strong return on equity (21%)
- Healthy profit margins (45%)
- Sentiment is mixed — no strong consensus either way
- This one has been in freefall — down 56% over the past year
- RBA hiking (-3pts)
Risk Signals
- MACD crossed bearish — momentum is fading
- Trading below both moving averages — the trend is working against this one
- Below the 200-day average — the long-term trend is still working against it
- Not enough chatter to gauge sentiment — defaulting to neutral
- The bigger volume days are the down days — volume-weighted momentum is negative (-1.04%/day)
Ask Scout AI about MEK
3 free messages/day · Unlimited with Pro
Recent Catalysts
NONE 52.3m @ 3gpt Au - High-Grade Gold 200m Below UG Reserve
NONE June 2026 Quarterly Activity Report & Appendix 5B
NONE Change of Director's Interest Notice x 2
Announcement tone +3pts
Recent ASX Announcements
| 2026-07-21 | 52.3m @ 3gpt Au - High-Grade Gold 200m Below UG Reserve PRICE SENSITIVE |
| 2026-07-21 | June 2026 Quarterly Activity Report & Appendix 5B PRICE SENSITIVE |
| 2026-07-01 | Change of Director's Interest Notice x 2 |
| 2026-07-01 | Conversion of Performance Rights - Cleansing Notice |
| 2026-07-01 | Application for quotation of securities - MEK |
Key Metrics
$277.5M
Market Cap
18.5M
Avg Volume
1.8x
Vol Ratio
$0.09 — $0.30
52-Week Range
1.9%
Short Interest
N/A
Cash Runway
20.7%
ROE
44.5%
Profit Margin
CANSLIM Analysis
| Factor | Rating | Detail | |
|---|---|---|---|
| C | Current EPS | neutral | EPS Growth: 0% |
| A | Annual Earnings | fail | CAGR: 0% |
| N | New Highs / Catalysts | neutral | |
| S | Supply & Demand | neutral | Float: 79% |
| L | Leader vs Laggard | laggard | RS: -22 |
| I | Institutional Sponsorship | pass | Inst: 16% |
| M | Market Direction | neutral | Neutral |
Sector: Basic Materials
505 tickers in this sector
View all Basic Materials signals →Browse all ASX tickers A–Z →Track MEK and 2,200+ ASX stocks
Get free access to Scout's AI-powered dashboard with daily scans, watchlist alerts, and exit management for every ASX small cap.
No credit card required