NWM
NORWESTMIN FPO [NWM]
Basic Materials · ASX Small Cap
$0.0090 +0.0%
Updated 9 Sep 2026 · Signals refresh every scan
Appeared in 2 consecutive scansFirst seen: 2026-03-12
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Active Signals
Bullish Signals
- MACD momentum is losing steam
- Stochastic is deep in oversold territory — bounce conditions forming
- Beating the Small Ords index — relative strength of 1.32, so it's outpacing the pack
- Volatility is contracting — like a spring being compressed, breakouts often follow
- Adequate cash runway (8 quarters)
- Very high P/S ratio (218.7x)
- Strong revenue growth (+4222%)
- Near 52-week low (17% of range)
- Micro-cap ($5-20M) - high risk
- CANSLIM S: Tight float (27%)
- Sentiment is mixed — no strong consensus either way
- Revenue growing at +4222% — the top line is moving in the right direction
- The bigger volume days are the up days — volume-weighted momentum is positive (1.17%/day)
- Altman Z-Score distress zone (1.72 < 1.81, low-confidence approx)
- Penny stock risk ($0.009)
- AUD/USD strong (-2pts)
- RBA hiking (-3pts)
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
- Long-term momentum is negative — down 46% over the past year
Expected next for NWM
Window: 2 Oct to 20 Oct
The last 9 moved NWM -2.2% 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 Bulgera Gold Project Scoping Study update
NONE Change in substantial holding
NONE Change in substantial holding
Recent ASX Announcements
| 2026-08-23 | Bulgera Gold Project Scoping Study update |
| 2026-08-12 | Change in substantial holding |
| 2026-08-12 | Change in substantial holding |
| 2026-08-12 | Change of Director's Interest Notice x 6 |
| 2026-08-11 | Application for quotation of securities - NWM |
Key Metrics
$10.7M
Market Cap
589K
Avg Volume
0.5x
Vol Ratio
$0.01 — $0.03
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-6.7%
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 | pass | Float: 27% |
| L | Leader vs Laggard | laggard | RS: 0 |
| I | Institutional Sponsorship | insufficient_data | Inst: 0% |
| M | Market Direction | neutral | Neutral |
Sector: Basic Materials
535 tickers in this sector
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