MGA

METALSGROV FPO [MGA]
MetalsGrove Mining Limited operates as an exploration and development company in Australia. It primarily explores for copper, gold, and zinc ores. MetalsGrove Mining Limited was incorporated in 2021 and is based in West Perth, Australia.
Basic Materials · ASX Small Cap
$0.0910 -2.2%

Updated 3 Sep 2026 · Signals refresh every scan

Appeared in 2 consecutive scansFirst seen: 2026-03-09
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Active Signals

Bullish Signals

  • RSI drifting toward oversold territory — worth watching
  • MACD momentum is losing steam
  • Stochastic is deep in oversold territory — bounce conditions forming
  • Volume surging at 3.6x normal while price falls — heavy selling pressure
  • Sitting near support — this level has held before and could attract buyers again
  • Drifting lower — down 9.0% over the last 5 days
  • Volume-price trend says buyers are quietly accumulating — price hasn't caught up yet
  • Strong cash runway (13 quarters)
  • 4C filed 2026-07-23
  • Very high P/S ratio (169.5x)
  • Micro-cap ($5-20M) - high risk
  • CANSLIM S: Tight float (31%)
  • Sentiment is mixed — no strong consensus either way
  • Positive long-term momentum — up 46% over the past year
  • The bigger volume days are the up days — volume-weighted momentum is positive (1.95%/day)
  • Altman Z-Score grey zone (1.84, low-confidence approx)
  • Liquidity risk: 6 zero-volume days in last 20
  • AUD/USD strong (-2pts)
  • RBA hiking (-3pts)

Risk Signals

  • 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
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Recent Catalysts

NONE Notification of cessation of securities - MGA
NONE Quarterly Appendix 5B Cash Flow Report
NONE Quarterly Activities Report
LOW Investor Presentation July 2026
Announcement tone +3pts

Recent ASX Announcements

2026-09-03 Notification of cessation of securities - MGA
2026-07-23 Quarterly Appendix 5B Cash Flow Report PRICE SENSITIVE
2026-07-23 Quarterly Activities Report PRICE SENSITIVE
2026-07-12 Investor Presentation July 2026
2026-07-12 Auger Drilling Commenced at Zuenoula

Key Metrics

$13.8M
Market Cap
28K
Avg Volume
3.6x
Vol Ratio
$0.06 — $0.15
52-Week Range
N/A
Short Interest
12 qtrs
Cash Runway
-78.1%
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandpassFloat: 31%
LLeader vs LaggardneutralRS: 1
IInstitutional Sponsorshipinsufficient_dataInst: 0%
MMarket DirectionneutralNeutral

Sector: Basic Materials

537 tickers in this sector

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