TGN

TUNGSTEN FPO [TGN]
Tungsten Mining NL engages in the exploration, evaluation, and development of mineral resources in Australia. It primarily explores for tungsten, molybdenum, gold, silver, copper, bismuth deposits, and other minerals. The company's flagship property is the 100% owned Mt Mulgine project located in the Murchison region of Western Australia. Tungsten Mining NL was incorporated in 2011 and is based in West Perth, Australia.
Basic Materials · ASX Small Cap
$0.2150 +4.9%

Updated 22 Jul 2026 · Signals refresh every scan

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Active Signals

Bullish Signals

  • Stochastic just turned bullish from a low level — early reversal sign
  • Drifting lower — down 4.4% over the last 5 days
  • Trading above the 200-day average — the long-term trend is on your side
  • Adequate cash runway (6 quarters)
  • Very high P/S ratio (3511.5x)
  • Revenue in sharp decline (-95%)
  • Sentiment is mixed — no strong consensus either way
  • Strong long-term momentum — up 121% over the past year (excluding last month)
  • RBA hiking (-3pts)
  • Calendar: Quarterly 4C in 11d (+5pts)

Risk Signals

  • Piotroski F-Score weak (3/9, low-confidence approx)
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • Revenue declining at -95% — the top line is shrinking
  • The bigger volume days are the down days — volume-weighted momentum is negative (-0.49%/day)
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Recent Catalysts

NONE Watershed Preliminary Economic Evaluation Presentation
NONE Investor Webinar - Watershed PEE Study Highlights
NONE Watershed Study - Strong Economic Outcomes
MEDIUM Watershed Updated Mineral Resource Estimate

Recent ASX Announcements

2026-06-21 Watershed Preliminary Economic Evaluation Presentation PRICE SENSITIVE
2026-06-18 Investor Webinar - Watershed PEE Study Highlights
2026-06-17 Watershed Study - Strong Economic Outcomes PRICE SENSITIVE
2026-06-17 WIN Secures Key Processing Infrastructure for Radio Gold PRICE SENSITIVE
2026-06-17 Watershed Updated Mineral Resource Estimate PRICE SENSITIVE

Key Metrics

$300.2M
Market Cap
955K
Avg Volume
1.1x
Vol Ratio
$0.07 — $0.38
52-Week Range
0.1%
Short Interest
N/A
Cash Runway
-21.7%
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandneutralFloat: 61%
LLeader vs LaggardlaggardRS: -6
IInstitutional SponsorshipweakInst: 0%
MMarket DirectionneutralNeutral

Sector: Basic Materials

506 tickers in this sector

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