MMR

MEC RES FPO [MMR]
MEC Resources Limited, through its subsidiaries, operates as an oil and gas exploration and development company in Australia. The company was formerly known as MEC Strategic Ltd. MEC Resources Limited was incorporated in 2005 and is based in South Perth, Australia.
Energy · ASX Small Cap
$0.0040 -11.1%

Updated 2 Jun 2026 · Signals refresh every scan

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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
  • Took a hit — down 11.1% over the last 5 days
  • Lagging the Small Ords index — relative strength of 0.79, underperforming its peers
  • Strong cash runway (8 quarters)
  • 4C filed 2026-04-30
  • Very high P/S ratio (67.9x)
  • Strong revenue growth (+124%)
  • Near 52-week low (19% of range)
  • Micro-cap ($5-20M) - high risk
  • Healthy profit margins (130%)
  • Sentiment is mixed — no strong consensus either way
  • Revenue growing at +124% — the top line is moving in the right direction
  • The bigger volume days are the up days — volume-weighted momentum is positive (1.90%/day)
  • Altman Z-Score distress zone (1.76 < 1.81, low-confidence approx)
  • Penny stock risk ($0.004)
  • Commodity (Crude Oil): down (-3pts)
  • RBA hiking (-3pts)
  • Overseas risk_on (+1pts, S&P500 up, VIX 16)

Risk Signals

  • Below the 200-day average — the long-term trend is still working against it
  • Not enough chatter to gauge sentiment — defaulting to neutral

Recent Catalysts

LOW Quarterly Activities/Appendix 4C Cash Flow Report
NONE Notification of cessation of securities - MMR

Recent ASX Announcements

2026-04-30 Quarterly Activities/Appendix 4C Cash Flow Report PRICE SENSITIVE
2026-04-12 Notification of cessation of securities - MMR

Key Metrics

$8.4M
Market Cap
692K
Avg Volume
1.0x
Vol Ratio
$0.00 — $0.01
52-Week Range
N/A
Short Interest
8 qtrs
Cash Runway
1.5%
ROE
129.8%
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandneutralFloat: 54%
LLeader vs LaggardlaggardRS: 0
IInstitutional Sponsorshipinsufficient_dataInst: 0%
MMarket DirectionneutralNeutral

Sector: Energy

75 tickers in this sector

View all Energy signals →
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