NES

NELSON RES FPO [NES]
Nelson Resources Limited engages in the exploration and development of natural resources in Australia. The company primarily explores for gold deposit. Its flagship property is the Woodline Project that covers an area of approximately 1185 square kilometers located at the boundary between the Proterozoic Albany-Fraser Orogen and the Archean Yilgarn-Craton. The company was formerly known as Mongolian Resource Corporation Limited and changed its name to Nelson Resources Limited in November 2016. Nelson Resources Limited was incorporated in 2007 and is based in Perth, Australia.
Basic Materials · ASX Small Cap
$0.0030 +0.0%

Updated 9 Sep 2026 · Signals refresh every scan

Appeared in 2 consecutive scansFirst seen: 2026-04-15
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Active Signals

Bullish Signals

  • RSI drifting toward oversold territory — worth watching
  • MACD momentum is picking up steam
  • Stochastic is deep in oversold territory — bounce conditions forming
  • Sitting near support — this level has held before and could attract buyers again
  • Volume-price trend suggests distribution — sellers may be sneaking out while price holds
  • Volatility is contracting — like a spring being compressed, breakouts often follow
  • Strong cash runway (25 quarters)
  • Very high P/S ratio (749.7x)
  • Near 52-week low (0% of range)
  • Micro-cap ($5-20M) - high risk
  • CANSLIM S: Tight float (48%)
  • Sentiment is mixed — no strong consensus either way
  • Altman Z-Score grey zone (2.14, low-confidence approx)
  • Penny stock risk ($0.003)
  • AUD/USD strong (-2pts)
  • 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 45% over the past year
  • The bigger volume days are the down days — volume-weighted momentum is negative (-6.14%/day)

Expected next for NES

23 Oct 2026Quarterly Activities ReportEstimated from past filings
Window: 16 Oct to 30 Oct
The last 9 moved NES +0.5% on the day, on average — an observation, not a guide to what happens next.
24 Oct 2026Quarterly Activities ReportEstimated from past filings
Window: 26 Sep to 21 Nov
The last 9 moved NES +0.5% on the day, on average — an observation, not a guide to what happens next.
29 Oct 2026Quarterly Activities ReportEstimated from past filings
Window: 22 Oct to 5 Nov
The last 9 moved NES +0.5% on the day, on average — an observation, not a guide to what happens next.
Each date is labelled with how it is known. A date estimated from past filings is inferred from this company's own filing rhythm — it is not a confirmed date and not a statement about what the company intends to do. See the whole ASX calendar →

Recent Catalysts

NONE NOI Lodged for 1000 ton Met Bulk Sample at Gold Point
NONE Copper Oxide Mineralisation Observed at Southern Gold Point
NONE Soil Sampling Program Completed at Cinnamon Property

Recent ASX Announcements

2026-09-08 NOI Lodged for 1000 ton Met Bulk Sample at Gold Point PRICE SENSITIVE
2026-08-23 Copper Oxide Mineralisation Observed at Southern Gold Point PRICE SENSITIVE
2026-08-16 Soil Sampling Program Completed at Cinnamon Property PRICE SENSITIVE
2026-08-02 Copper-Gold Exploration Target Identified at Cinnamon PRICE SENSITIVE
2026-07-26 Underground Sampling Extends High-Grade Gold Zone at Orleans PRICE SENSITIVE

Key Metrics

$8.2M
Market Cap
2.8M
Avg Volume
0.8x
Vol Ratio
$0.00 — $0.01
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-31.9%
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandpassFloat: 48%
LLeader vs LaggardlaggardRS: -15
IInstitutional Sponsorshipinsufficient_dataInst: 0%
MMarket DirectionneutralNeutral

Sector: Basic Materials

535 tickers in this sector

View all Basic Materials signals →Browse all ASX tickers A–Z →
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Compare:NES vs AUQNES vs RMLNES vs ION
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