MHM

MOUNT HOPE FPO [MHM]
Mount Hope Mining Limited engages in the mineral exploration and evaluation business in Australia. It primarily explores gold and copper deposits in Australia. The company holds 100% interest in its flagship project, the Mount Hope project, covering an area of 417 square kilometers located in the Cobar basin, central New South Wales. Mount Hope Mining Limited was incorporated in 2024 and is based in Nedlands, Australia.
Basic Materials · ASX Small Cap
$0.1400 +0.0%

Updated 23 Jul 2026 · Signals refresh every scan

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Active Signals

Bullish Signals

  • Trading above both moving averages — the trend is your friend here
  • Drifting lower — down 3.4% over the last 5 days
  • Beating the Small Ords index — relative strength of 1.27, so it's outpacing the pack
  • Volume-price trend suggests distribution — sellers may be sneaking out while price holds
  • Volatility is expanding fast — choppy price action, so buckle up
  • Adequate cash runway (8 quarters)
  • Near 52-week low (13% of range)
  • Micro-cap ($5-20M) - high risk
  • Sentiment is mixed — no strong consensus either way
  • Altman Z-Score distress zone (1.53 < 1.81, low-confidence approx)
  • Liquidity risk: 11 zero-volume days in last 20
  • 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
  • Long-term momentum is negative — down 36% over the past year
  • The bigger volume days are the down days — volume-weighted momentum is negative (-1.75%/day)
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Recent Catalysts

HIGH Drill Contract Awarded for Mt Solitary Phase 3 Program
NONE MHM appoints R.W. Corkery for EIS readiness
NONE Release of ASX Restriction Period on Unlisted Options
NONE MHM RIU Gold Coast Presentation
Announcement tone +5pts

Recent ASX Announcements

2026-07-19 Drill Contract Awarded for Mt Solitary Phase 3 Program PRICE SENSITIVE
2026-06-28 MHM appoints R.W. Corkery for EIS readiness PRICE SENSITIVE
2026-06-25 Release of ASX Restriction Period on Unlisted Options
2026-06-10 MHM RIU Gold Coast Presentation PRICE SENSITIVE

Key Metrics

$6.6M
Market Cap
N/A
Avg Volume
N/A
Vol Ratio
$0.11 — $0.35
52-Week Range
N/A
Short Interest
N/A
Cash Runway
N/A
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual Earningsinsufficient_dataCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandneutralFloat: 62%
LLeader vs LaggardlaggardRS: 0
IInstitutional SponsorshipweakInst: 7%
MMarket DirectionneutralNeutral

Sector: Basic Materials

505 tickers in this sector

View all Basic Materials signals →Browse all ASX tickers A–Z →
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