MGU
MAG MINING FPO [MGU]
Basic Materials · ASX Small Cap
$0.0060 -14.3%
Updated 9 Sep 2026 · Signals refresh every scan
Appeared in 2 consecutive scansFirst seen: 2026-02-25
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Active Signals
Bullish Signals
- RSI drifting toward oversold territory — worth watching
- MACD momentum is losing steam
- Sitting right at the lower Bollinger Band — oversold and potentially ready to snap back
- Sitting near support — this level has held before and could attract buyers again
- Lagging the Small Ords index — relative strength of 0.77, underperforming its peers
- Strong cash runway (11 quarters)
- Pre-revenue with limited cash
- Micro-cap ($5-20M) - high risk
- Sentiment is mixed — no strong consensus either way
- Positive long-term momentum — up 33% over the past year
- The bigger volume days are the up days — volume-weighted momentum is positive (2.45%/day)
- 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): up (+3pts)
- AUD/USD strong (-2pts)
- RBA hiking (-3pts)
Risk Signals
- Death cross triggered — the short-term trend just crossed below the long-term, which is a bearish signal
- 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 MGU
Window: 26 Oct to 9 Nov
The last 4 moved MGU +4.4% 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 Non-Deal Roadshow Presentation September 2026
NONE Assays Define 32.5km2 Priority Area at Piracanjuba North
NONE MULTIPLE BROAD TREO INTERCEPTS AT FEIRINHA, BRAZIL
Recent ASX Announcements
| 2026-09-08 | Non-Deal Roadshow Presentation September 2026 PRICE SENSITIVE |
| 2026-09-08 | Assays Define 32.5km2 Priority Area at Piracanjuba North PRICE SENSITIVE |
| 2026-09-07 | MULTIPLE BROAD TREO INTERCEPTS AT FEIRINHA, BRAZIL PRICE SENSITIVE |
| 2026-08-20 | Notification of cessation of securities - MGU |
| 2026-08-19 | MAJOR MILESTONE ADVANCES PARKER PROJECT TOWARDS DRILLING PRICE SENSITIVE |
Key Metrics
$19.3M
Market Cap
4.3M
Avg Volume
0.6x
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: 66% |
| L | Leader vs Laggard | pass | RS: 12 |
| I | Institutional Sponsorship | insufficient_data | Inst: 0% |
| M | Market Direction | neutral | Neutral |
Sector: Basic Materials
535 tickers in this sector
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