MRQ
MRG METALS FPO [MRQ]
Basic Materials · ASX Small Cap
$0.0020 +0.0%
Updated 3 Sep 2026 · Signals refresh every scan
Appeared in 2 consecutive scansFirst seen: 2026-02-25
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Active Signals
Bullish Signals
- RSI is looking oversold — historically a spot where stocks tend to bounce
- Stochastic is deep in oversold territory — bounce conditions forming
- Volume surging at 115.8x normal while price falls — heavy selling pressure
- Sitting near support — this level has held before and could attract buyers again
- Lagging the Small Ords index — relative strength of 0.68, underperforming its peers
- Volatility is contracting — like a spring being compressed, breakouts often follow
- Adequate cash runway (8 quarters)
- Near 52-week low (0% of range)
- Micro-cap ($5-20M) - high risk
- Director on-market buying (1 transactions)
- Share Purchase Plan announced
- Dilution velocity warning (2 raises recently)
- Sentiment is mixed — no strong consensus either way
- Pre-revenue company — Altman Z-Score not applicable
- Elevated dilution risk (2 recent capital raises)
- Penny stock risk ($0.002)
- Liquidity risk: 6 zero-volume days in last 20
- AUD/USD strong (-2pts)
- RBA hiking (-3pts)
Risk Signals
- Trading below both moving averages — the trend is working against this one
- 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
- Long-term momentum is negative — down 40% over the past year
- The bigger volume days are the down days — volume-weighted momentum is negative (-5.26%/day)
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Recent Catalysts
NONE Initial Director's Interest Notice
NONE Final Director's Interest Notice
NONE Notice of Access Share Purchase Plan Booklet & Application
LOW Board Changes to Drive Garies High Grade Rare Earth Project
Announcement tone +3pts
Recent ASX Announcements
| 2026-08-31 | Initial Director's Interest Notice |
| 2026-08-31 | Final Director's Interest Notice |
| 2026-08-30 | Board Changes to Drive Garies High Grade Rare Earth Project |
| 2026-08-19 | Notice of Access Share Purchase Plan Booklet & Application |
| 2026-08-19 | Share Purchase Plan Booklet and Application Form |
Key Metrics
$6.7M
Market Cap
4.3M
Avg Volume
115.8x
Vol Ratio
$0.00 — $0.01
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-10.5%
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 | laggard | RS: -21 |
| I | Institutional Sponsorship | insufficient_data | Inst: 0% |
| M | Market Direction | neutral | Neutral |
Sector: Basic Materials
537 tickers in this sector
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