SMM

SOMERSET FPO [SMM]
Somerset Minerals Limited, together with its subsidiaries, explores and extracts mineral properties in Australia, Canada, and Ecuador. The company explores for copper, silver, zinc, lead, cadmium, gold, chalcocite, bornite, chalcopyrite, precious metal, and base metal deposits. Its flagship projects are the 100% owned Prescott copper and base metals project that consists of 52 licenses covering an area of 624 square kilometers located in the Peel Sound area of the Polaris mineral district of Nunavut, Canada; and the 100% owned Coppermine project that consists of 102 exploration licenses and one exclusive exploration right covering an area of 1,665 square kilometers located in the Kitikmeot region of Nunavut, Canada. The company was formerly known as Tempus Resources Limited and changed its name to Somerset Minerals Limited in June 2024. Somerset Minerals Limited was incorporated in 2018 and is based in Perth, Australia.
Basic Materials · ASX Small Cap
$0.0075 +25.0%

Updated 23 Jul 2026 · Signals refresh every scan

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Active Signals

Bullish Signals

  • MACD momentum is picking up steam
  • Watch out — volume is flowing out even as price holds up. Distribution pattern
  • Strong cash runway (12 quarters)
  • Very high P/S ratio (72.2x)
  • Near 52-week low (5% of range)
  • Micro-cap ($5-20M) - high risk
  • Rights issue announced - significant dilution
  • Dilution velocity warning (4 raises recently)
  • CANSLIM I: Institutional ownership (13%)
  • Sentiment is mixed — no strong consensus either way
  • Elevated dilution risk (4 recent capital raises)
  • Penny stock risk ($0.007)
  • RBA hiking (-3pts)
  • Calendar: Quarterly 4C in 10d (+5pts)

Risk Signals

  • Below the 200-day average — the long-term trend is still working against it
  • Piotroski F-Score weak (2/9, low-confidence approx)
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • Long-term momentum is negative — down 38% over the past year
  • The bigger volume days are the down days — volume-weighted momentum is negative (-3.95%/day)
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Recent Catalysts

NONE Update - Proposed issue of securities - SMM
NONE Extension of Entitlement Offer Timetable
NONE Dispatch of Entitlement Offer Prospectus

Recent ASX Announcements

2026-07-17 Update - Proposed issue of securities - SMM
2026-07-17 Extension of Entitlement Offer Timetable
2026-07-09 Dispatch of Entitlement Offer Prospectus
2026-07-08 Change of Director's Interest Notice
2026-07-08 Cleansing Notice

Key Metrics

$10.2M
Market Cap
1.9M
Avg Volume
0.9x
Vol Ratio
$0.01 — $0.03
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-62.1%
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandneutralFloat: 67%
LLeader vs LaggardlaggardRS: -35
IInstitutional SponsorshippassInst: 13%
MMarket DirectionneutralNeutral

Sector: Basic Materials

505 tickers in this sector

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