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
$0.0630 +0.0%

Updated 9 Sep 2026 · Signals refresh every scan

Appeared in 2 consecutive scansFirst seen: 2026-03-05
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Active Signals

Bullish Signals

  • MACD momentum is picking up steam
  • Bollinger squeeze with volume pouring in — this is the kind of setup that often precedes a big move
  • Trading above both moving averages — the trend is your friend here
  • Volume surging at 3.9x normal while price falls — heavy selling pressure
  • Watch out — volume is flowing out even as price holds up. Distribution pattern
  • Knocking on the door of resistance — if it punches through, things could get interesting
  • Strong cash runway (13 quarters)
  • 4C filed 2026-07-26
  • Pre-revenue with limited cash
  • Near 52-week low (10% 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 69% over the past year
  • The bigger volume days are the up days — volume-weighted momentum is positive (2.54%/day)
  • Pre-revenue company — Altman Z-Score not applicable
  • AUD/USD strong (-2pts)
  • RBA hiking (-3pts)

Risk Signals

  • Stochastic is stretched into overbought — could need a breather
  • 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

Expected next for MEX

26 Oct 2026Quarterly Cash Flow Report (4C)Estimated from past filings
Window: 19 Oct to 2 Nov
The last 7 moved MEX +4.3% on the day, on average — an observation, not a guide to what happens next.
28 Oct 2026Quarterly Cash Flow Report (4C)Estimated from past filings
Window: 21 Oct to 4 Nov
The last 7 moved MEX +4.3% 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 Appointment of Non-Executive Director & Appendix 3X
NONE Glenorchy rock chip assays deliver high-grade results
NONE Quarterly Activities/Appendix 5B Cash Flow Report

Recent ASX Announcements

2026-09-07 Appointment of Non-Executive Director & Appendix 3X
2026-08-09 Glenorchy rock chip assays deliver high-grade results PRICE SENSITIVE
2026-07-26 Quarterly Activities/Appendix 5B Cash Flow Report PRICE SENSITIVE
2026-07-19 Sovereign Historic Gold Zones Reveal Key Drill Targets PRICE SENSITIVE

Key Metrics

$12.1M
Market Cap
90K
Avg Volume
3.9x
Vol Ratio
$0.04 — $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 LaggardneutralRS: 1
IInstitutional Sponsorshipinsufficient_dataInst: 0%
MMarket DirectionneutralNeutral

Sector: Basic Materials

535 tickers in this sector

View all Basic Materials signals →Browse all ASX tickers A–Z →
Related Tickers
AUQ +26.7%RML +26.2%ION +24.0%LIB -20.0%RRR -19.7%
Compare:MEX vs AUQMEX vs RMLMEX vs ION
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