RDS

REDSTONE FPO [RDS]
Redstone Resources Limited engages in the exploration of mineral properties in Australia and Canada. It explores for copper, nickel, and cobalt deposits. The company was incorporated in 1999 and is based in West Perth, Australia.
Basic Materials · ASX Small Cap
$0.0035 +0.0%

Updated 17 Jul 2026 · Signals refresh every scan

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Active Signals

Bullish Signals

  • MACD momentum is picking up steam
  • Golden cross just fired — the short-term trend is overtaking the long-term, which is classically bullish
  • Volume surging at 3.4x normal while price falls — heavy selling pressure
  • On a tear — up 16.7% over the last 5 days
  • Volume-price trend says buyers are quietly accumulating — price hasn't caught up yet
  • Volatility is contracting — like a spring being compressed, breakouts often follow
  • Trading above the 200-day average — the long-term trend is on your side
  • Strong cash runway (8 quarters)
  • Pre-revenue with limited cash
  • Micro-cap ($5-20M) - high risk
  • New substantial holder(s) (1)
  • Sentiment is mixed — no strong consensus either way
  • The bigger volume days are the up days — volume-weighted momentum is positive (8.14%/day)
  • Pre-revenue company — Altman Z-Score not applicable
  • Penny stock risk ($0.004)
  • RBA hiking (-3pts)

Risk Signals

  • Stochastic turning bearish from a high level — caution
  • Piotroski F-Score weak (3/9, low-confidence approx)
  • Not enough chatter to gauge sentiment — defaulting to neutral

Recent Catalysts

NONE RDS to Advance Saturn Cu-Ni-Co-PGE and PGE Reef Project
NONE Cleansing Statement
NONE Application for quotation of securities - RDS
HIGH Becoming a substantial holder

Recent ASX Announcements

2026-07-13 RDS to Advance Saturn Cu-Ni-Co-PGE and PGE Reef Project PRICE SENSITIVE
2026-06-23 Becoming a substantial holder
2026-06-17 Cleansing Statement
2026-06-17 Application for quotation of securities - RDS
2026-06-17 Redstone Acquires Gold and Critical Mineral Projects in WA PRICE SENSITIVE

Key Metrics

$5.2M
Market Cap
1.1M
Avg Volume
3.4x
Vol Ratio
$0.00 — $0.01
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-7.0%
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandneutralFloat: 58%
LLeader vs LaggardpassRS: 4
IInstitutional Sponsorshipinsufficient_dataInst: 0%
MMarket DirectionneutralNeutral

Sector: Basic Materials

516 tickers in this sector

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