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
$0.0035 -12.5%

Updated 21 Jul 2026 · Signals refresh every scan

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Active Signals

Bullish Signals

  • Volume surging at 1128.5x normal while price falls — heavy selling pressure
  • Watch out — volume is flowing out even as price holds up. Distribution pattern
  • On a tear — up 16.7% over the last 5 days
  • 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 (999.5x)
  • Near 52-week low (11% of range)
  • Micro-cap ($5-20M) - high risk
  • CANSLIM S: Tight float (48%)
  • Sentiment is mixed — no strong consensus either way
  • The bigger volume days are the up days — volume-weighted momentum is positive (4.30%/day)
  • Altman Z-Score grey zone (2.06, low-confidence approx)
  • Penny stock risk ($0.004)
  • Liquidity risk: 10 zero-volume days in last 20
  • RBA hiking (-3pts)
  • Calendar: Quarterly Activities in 9d (+5pts)

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
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Recent Catalysts

NONE High-Grade Gold and Bonanza Silver Results at Orleans Mine
NONE Metallurgical testing at Gold Point commences
NONE Geophysical Survey Defines Vein Extensions at Gold Point

Recent ASX Announcements

2026-07-19 High-Grade Gold and Bonanza Silver Results at Orleans Mine PRICE SENSITIVE
2026-07-14 Metallurgical testing at Gold Point commences PRICE SENSITIVE
2026-07-12 Geophysical Survey Defines Vein Extensions at Gold Point PRICE SENSITIVE
2026-07-07 Appendix 3X - Nicholas Ong
2026-07-07 Appendix 3Z - Louis Bucci

Key Metrics

$11.0M
Market Cap
1.5M
Avg Volume
500.0x
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: -4
IInstitutional Sponsorshipinsufficient_dataInst: 0%
MMarket DirectionneutralNeutral

Sector: Basic Materials

530 tickers in this sector

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