MEX

MINERALSEX FPO [MEX]
Minerals Exploration Limited, an exploration company, engages in the exploration and development of uranium, vanadium, lithium, and other mineral properties. It holds 100% interest in the East Canyon project that comprises 231 contiguous claims, which covers an area of approximately 4,620 acres/18.7 square kilometers located in the Dry Valley/East Canyon mining district of south-eastern Utah, the United States; South Pass Wyoming Lithium Project in Wyoming, the United States; and the Frome Downs and Yankaninna projects in the South Australia. The company was formerly known as Uvre Limited and changed its name to Minerals Exploration Limited in November 2025. The company was incorporated in 2021 and is based in West Perth, Australia.
Basic Materials · ASX Small Cap
$0.0550 +5.8%

Updated 23 Jul 2026 · Signals refresh every scan

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Active Signals

Bullish Signals

  • RSI drifting toward oversold territory — worth watching
  • MACD just crossed bullish — momentum is shifting to the upside
  • Stochastic just turned bullish from a low level — early reversal sign
  • Volume surging at 2.5x 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 (13 quarters)
  • 4C filed 2026-04-29
  • Pre-revenue with limited cash
  • Near 52-week low (0% of range)
  • Micro-cap ($5-20M) - high risk
  • CANSLIM S: Tight float (36%)
  • Sentiment is mixed — no strong consensus either way
  • This one has been in freefall — down 65% over the past year
  • Pre-revenue company — Altman Z-Score not applicable
  • RBA hiking (-3pts)
  • Calendar: Quarterly 4C in 6d (+5pts)

Risk Signals

  • 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
  • Piotroski F-Score weak (3/9, low-confidence approx)
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • The bigger volume days are the down days — volume-weighted momentum is negative (-3.71%/day)
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Recent Catalysts

NONE Sovereign Historic Gold Zones Reveal Key Drill Targets
NONE Release of Securities from Voluntary Escrow
NONE Director Retirement and Final Directors Interest Notice

Recent ASX Announcements

2026-07-19 Sovereign Historic Gold Zones Reveal Key Drill Targets PRICE SENSITIVE
2026-07-03 Release of Securities from Voluntary Escrow
2026-06-30 Director Retirement and Final Directors Interest Notice
2026-06-22 Waitekauri - First Phase Drilling and High Grade Rock Chips PRICE SENSITIVE

Key Metrics

$10.0M
Market Cap
55K
Avg Volume
2.5x
Vol Ratio
$0.05 — $0.29
52-Week Range
N/A
Short Interest
13 qtrs
Cash Runway
-18.2%
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandpassFloat: 36%
LLeader vs LaggardlaggardRS: -26
IInstitutional Sponsorshipinsufficient_dataInst: 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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