SHN

SUNMETALS FPO [SHN]
Sunshine Metals Limited engages in the exploration and development of mineral projects in Australia. The company explores for copper, gold, zinc, lead, and silver, as well as molybdenite and base metal deposits. It holds 100% interest in the Ravenswood Consolidated Project, which covers approximately 1,760 square kilometers located in Townsville, Australia. The company was formerly known as Sunshine Gold Limited and changed its name to Sunshine Metals Limited in July 2023. Sunshine Metals Limited was incorporated in 1994 and is based in North Ward, Australia.
Basic Materials · ASX Small Cap
$0.0430 +2.4%

Updated 9 Sep 2026 · Signals refresh every scan

Appeared in 2 consecutive scansFirst seen: 2026-03-09
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Active Signals

Bullish Signals

  • MACD just crossed bullish — momentum is shifting to the upside
  • Pressing against the upper Bollinger Band — extended and may need to cool off
  • Trading above both moving averages — the trend is your friend here
  • Above-average volume (1.6x) on a green day — buyers stepping up
  • On a tear — up 16.2% over the last 5 days
  • Beating the Small Ords index — relative strength of 1.23, so it's outpacing the pack
  • Trading above the 200-day average — the long-term trend is on your side
  • Strong cash runway (16 quarters)
  • Pre-revenue with limited cash
  • Capital raise activity (2 events)
  • Dilution velocity warning (2 raises recently)
  • Sentiment is mixed — no strong consensus either way
  • Strong long-term momentum — up 57% over the past year (excluding last month)
  • The bigger volume days are the up days — volume-weighted momentum is positive (1.57%/day)
  • Pre-revenue company — Altman Z-Score not applicable
  • Elevated dilution risk (2 recent capital raises)
  • Low-priced stock risk ($0.042)
  • AUD/USD strong (-2pts)
  • RBA hiking (-3pts)
  • Dilution risk: technical breakout with recent capital raise

Risk Signals

  • Piotroski F-Score weak (3/9, low-confidence approx)
  • Not enough chatter to gauge sentiment — defaulting to neutral

Expected next for SHN

27 Oct 2026Quarterly Cash Flow Report (4C)Estimated from past filings
Window: 20 Oct to 3 Nov
The last 4 moved SHN -2.1% on the day, on average — an observation, not a guide to what happens next.
27 Oct 2026Quarterly Activities ReportEstimated from past filings
Window: 20 Oct to 3 Nov
The last 4 moved SHN -2.1% 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 Refurbishment on Track - Mt Moss
NONE Cleansing Notice
NONE Application for quotation of securities - SHN

Recent ASX Announcements

2026-09-07 Refurbishment on Track - Mt Moss PRICE SENSITIVE
2026-08-20 Cleansing Notice
2026-08-20 Application for quotation of securities - SHN
2026-08-02 RC Drilling Commenced at Sybil Epithermal Gold Project PRICE SENSITIVE
2026-07-30 Cleansing Notice

Key Metrics

$151.1M
Market Cap
5.4M
Avg Volume
1.6x
Vol Ratio
$0.02 — $0.05
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-11.9%
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandneutralFloat: 51%
LLeader vs LaggardpassRS: 28
IInstitutional SponsorshipweakInst: 10%
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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