TMS

TENNANT FPO [TMS]
Tennant Minerals Limited engages in the exploration, development, and mining of minerals. The company explore for gold and copper deposits. Its key assets include the 100% owned Barkly Project that comprises two exploration licenses; and the Babbler project located in the Northern Territory, Australia. The company was formerly known as Tennant Minerals NL and changed its name to Tennant Minerals Limited in December 2021. Tennant Minerals Limited was incorporated in 1999 and is headquartered in West Perth, Australia.
Basic Materials · ASX Small Cap
$0.0070 +16.7%

Updated 23 Jul 2026 · Signals refresh every scan

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Active Signals

Bullish Signals

  • Volume surging at 2.9x normal while price climbs — real buying conviction behind this move
  • Drifting lower — down 6.7% over the last 5 days
  • Volume-price trend says buyers are quietly accumulating — price hasn't caught up yet
  • Low cash runway (2 quarters) - dilution risk
  • Pre-revenue with limited cash
  • Near 52-week low (14% of range)
  • Micro-cap ($5-20M) - high risk
  • CANSLIM S: Tight float (49%)
  • Sentiment is mixed — no strong consensus either way
  • The bigger volume days are the up days — volume-weighted momentum is positive (3.50%/day)
  • Pre-revenue company — Altman Z-Score not applicable
  • Penny stock risk ($0.006)
  • RBA hiking (-3pts)
  • Calendar: Quarterly 4C in 10d (+5pts)

Risk Signals

  • Trading below both moving averages — the trend is working against this one
  • Below the 200-day average — the long-term trend is still working against it
  • Piotroski F-Score weak (3/9, low-confidence approx)
  • Not enough chatter to gauge sentiment — defaulting to neutral
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Recent Catalysts

NONE Extension of Prospectus Offer Period
NONE Application for quotation of securities - TMS
NONE Top 20 Holders and Spread for New Options

Recent ASX Announcements

2026-07-21 Extension of Prospectus Offer Period
2026-07-16 Application for quotation of securities - TMS
2026-07-16 Top 20 Holders and Spread for New Options
2026-07-16 Notice Under Section 708A
2026-07-16 Application for quotation of securities - TMS

Key Metrics

$9.0M
Market Cap
3.0M
Avg Volume
2.9x
Vol Ratio
$0.01 — $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 & DemandpassFloat: 49%
LLeader vs LaggardlaggardRS: 0
IInstitutional Sponsorshipinsufficient_dataInst: 0%
MMarket DirectionneutralNeutral

Sector: Basic Materials

505 tickers in this sector

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