MYE

MASTERMYNE FPO [MYE]
Mastermyne Group Limited provides mine operation, contracting, training, and related services in the mining and supporting industries in Australia. It offers various contracting services, which include mine development and support services, such as roadway construction, ventilation, conveyors, longwall relocations, application of polymeric strata support, chemical application, cavity fill, strata consolidation, ventilation control devices, production and ancillary equipment services, and industrial products. The company also provides chemical products, services, and consumables to the underground long wall coal mining operations in the coalfields and supporting coal mining industries. The company operates under the Mastermyne, Wilson Mining, and MyneSight brand names. The company was formerly known as Metarock Group Limited and changed its name to Mastermyne Group Limited in November 2024. Mastermyne Group Limited was founded in 1996 and is headquartered in Mackay, Australia.
Basic Materials · ASX Small Cap
$0.3500 +2.9%

Updated 14 Jul 2026 · Signals refresh every scan

Appeared in 3 consecutive scansFirst seen: 2026-02-25
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Active Signals

Bullish Signals

  • Trading above both moving averages — the trend is your friend here
  • Above-average volume (2.0x) on a red day — sellers in control
  • Beating the Small Ords index — relative strength of 1.48, so it's outpacing the pack
  • Volatility is expanding fast — choppy price action, so buckle up
  • Trading above the 200-day average — the long-term trend is on your side
  • Cash positive / operating cashflow positive
  • Low P/S ratio (0.5x)
  • Piotroski F-Score strong (8/9, low-confidence approx)
  • EPS estimates revised upward (+10pts)
  • Post-earnings drift: positive surprise (SUE +10)
  • CANSLIM C: Strong EPS growth (64% QoQ)
  • CANSLIM A: Turned profitable
  • CANSLIM N: Near 52-week high (breakout territory)
  • CANSLIM S: Tight float (18%)
  • Sentiment is mixed — no strong consensus either way
  • Strong long-term momentum — up 76% over the past year (excluding last month)
  • Excellent risk-adjusted returns — Sharpe of 2.1 means strong gains without wild swings
  • Earnings are trending the right way — 2 consecutive improvements
  • The bigger volume days are the up days — volume-weighted momentum is positive (5.12%/day)
  • RBA hiking (-3pts)

Risk Signals

  • RSI is running hot — overbought territory, so expect some pullback risk
  • Revenue declining (-7%)
  • Not enough chatter to gauge sentiment — defaulting to neutral
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Recent Catalysts

NONE Application for quotation of securities - MYE
NONE Update on Legal Proceedings Relating to 2022 Incident
NONE FY26 expected at upper end of guidance range
LOW Mastermyne Investor Presentation
Announcement tone +3pts

Recent ASX Announcements

2026-07-06 Application for quotation of securities - MYE
2026-06-23 Update on Legal Proceedings Relating to 2022 Incident
2026-06-08 Mastermyne Investor Presentation
2026-05-19 FY26 expected at upper end of guidance range PRICE SENSITIVE

Key Metrics

$104.9M
Market Cap
347K
Avg Volume
2.0x
Vol Ratio
$0.12 — $0.36
52-Week Range
N/A
Short Interest
N/A
Cash Runway
3.1%
ROE
1.1%
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSpassEPS Growth: 64%
AAnnual EarningsimprovingCAGR: 0%
NNew Highs / CatalystspassNear 52w High
SSupply & DemandpassFloat: 18%
LLeader vs LaggardpassRS: 56
IInstitutional Sponsorshipinsufficient_dataInst: 0%
MMarket DirectionneutralNeutral

Sector: Basic Materials

514 tickers in this sector

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