35LOW

MHC

MANHATTAN FPO [MHC]
Manhattan Gold Corporation Limited engages in the exploration, development, and evaluation of mineral projects in Australia. It explores for gold, lithium, and uranium deposits. The company's flagship project is the Tibooburra gold project, which consists of 15 granted exploration licenses covering an area of approximately 2,200 square kilometers located north of Broken Hill in New South Wales. Manhattan Gold Corporation Limited is based in Perth, Australia.
Basic Materials · ASX Small Cap
$0.0220 +4.8%

Updated 26 Mar 2026 · Scores refresh every scan

Score Breakdown

Technical34
Catalyst70
Sentiment50
Fundamental25
Momentum46
Risk Gate37
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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 5.7x normal while price falls — heavy selling pressure
  • Drifting lower — down 8.3% over the last 5 days
  • Adequate cash runway (6 quarters)
  • Revenue in sharp decline (-72%)
  • Micro-cap ($5-20M) - high risk
  • Recent placement detected - dilution risk
  • Dilution velocity warning (2 raises recently)
  • CANSLIM S: Tight float (33%)
  • Sentiment is mixed — no strong consensus either way
  • Pre-revenue company — Altman Z-Score not applicable
  • Elevated dilution risk (2 recent capital raises)
  • Low-priced stock risk ($0.022)
  • 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 (2/9, low-confidence approx)
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • Revenue declining at -72% — the top line is shrinking
  • The bigger volume days are the down days — volume-weighted momentum is negative (-0.90%/day)
  • Overseas neutral (-1pts, S&P500 neutral, VIX 25)
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Recent Catalysts

MEDIUM 3.10.5A Notice - Issue of Shares from 10% Placement Capacity
MEDIUM Drill Contract Awarded for Hook Lake
NONE Cleansing Notice
NONE Application for quotation of securities - MHC
LOW Investor Presentation

Recent ASX Announcements

2026-03-24 3.10.5A Notice - Issue of Shares from 10% Placement Capacity
2026-03-24 Cleansing Notice
2026-03-24 Application for quotation of securities - MHC
2026-03-22 Drill Contract Awarded for Hook Lake PRICE SENSITIVE
2026-03-22 Investor Presentation

Key Metrics

$14.5M
Market Cap
2.0M
Avg Volume
5.7x
Vol Ratio
$0.02 — $0.04
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-43.8%
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandpassFloat: 33%
LLeader vs LaggardlaggardRS: -3
IInstitutional SponsorshipweakInst: 9%
MMarket DirectionneutralNeutral

Sector: Basic Materials

Ranked #531 of 558 · Sector avg: 46

View all Basic Materials signals →
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