MGU
MAG MINING FPO [MGU]
Basic Materials · ASX Small Cap
$0.0060 +0.0%
Updated 22 Jul 2026 · Signals refresh every scan
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Active Signals
Bullish Signals
- Beating the Small Ords index — relative strength of 1.58, so it's outpacing the pack
- Strong cash runway (11 quarters)
- Pre-revenue with limited cash
- Micro-cap ($5-20M) - high risk
- Capital raise activity (1 events)
- Sentiment is mixed — no strong consensus either way
- This one has been in freefall — down 56% over the past year
- Pre-revenue company — Altman Z-Score not applicable
- Penny stock risk ($0.006)
- Beneish M-Score 17.21 > -1.78: likely earnings manipulation
- Commodity (Silver): down (-3pts)
- RBA hiking (-3pts)
- Calendar: Quarterly 4C in 11d (+5pts)
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
- The bigger volume days are the down days — volume-weighted momentum is negative (-1.22%/day)
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Recent Catalysts
NONE Notification regarding unquoted securities - MGU
NONE Change of Director's Interest Notice- AV
NONE Non-Deal Corporate Presentation
Announcement tone +3pts
Recent ASX Announcements
| 2026-07-16 | Notification regarding unquoted securities - MGU |
| 2026-07-16 | Change of Director's Interest Notice- AV |
| 2026-07-15 | Non-Deal Corporate Presentation |
| 2026-07-13 | Proposed issue of securities - MGU |
| 2026-07-12 | JACK LIFTON JOINS MAGNUM MINING PRICE SENSITIVE |
Key Metrics
$19.3M
Market Cap
5.9M
Avg Volume
1.0x
Vol Ratio
$0.00 — $0.01
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-89.6%
ROE
N/A
Profit Margin
CANSLIM Analysis
| Factor | Rating | Detail | |
|---|---|---|---|
| C | Current EPS | fail | EPS Growth: 0% |
| A | Annual Earnings | fail | CAGR: 0% |
| N | New Highs / Catalysts | neutral | |
| S | Supply & Demand | neutral | Float: 67% |
| L | Leader vs Laggard | laggard | RS: -7 |
| I | Institutional Sponsorship | insufficient_data | Inst: 0% |
| M | Market Direction | neutral | Neutral |
Sector: Basic Materials
506 tickers in this sector
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