TRE

TOUBANI FPO [TRE]
Toubani Resources Limited engages in the exploration and development of properties in West Africa. The company primarily explores for gold deposits. It focuses on the Kobada Gold project located in Southern Mali. The company was incorporated in 2002 and is based in West Perth, Australia.
Basic Materials · ASX Small Cap
$0.2750 +0.0%

Updated 23 Jul 2026 · Signals refresh every scan

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Active Signals

Bullish Signals

  • RSI is looking oversold — historically a spot where stocks tend to bounce
  • Stochastic is deep in oversold territory — bounce conditions forming
  • Above-average volume (1.7x) on a red day — sellers in control
  • Sitting near support — this level has held before and could attract buyers again
  • Drifting lower — down 5.2% over the last 5 days
  • Lagging the Small Ords index — relative strength of 0.79, underperforming its peers
  • Strong cash runway (30 quarters)
  • Very high P/S ratio (371.5x)
  • Strong revenue growth (+1871%)
  • Near 52-week low (6% of range)
  • Rights issue announced - significant dilution
  • Dilution velocity warning (2 raises recently)
  • CANSLIM S: Tight float (27%)
  • CANSLIM I: Institutional ownership (76%)
  • Sentiment is mixed — no strong consensus either way
  • Revenue growing at +1871% — the top line is moving in the right direction
  • Altman Z-Score grey zone (2.11, low-confidence approx)
  • Elevated dilution risk (2 recent capital raises)
  • RBA hiking (-3pts)
  • Calendar: Quarterly 4C in 12d (+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
  • The bigger volume days are the down days — volume-weighted momentum is negative (-1.91%/day)
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Recent Catalysts

NONE Notification regarding unquoted securities - TRE
NONE Application for quotation of securities - TRE
NONE Letter to Ineligible Shareholders

Recent ASX Announcements

2026-07-21 Notification regarding unquoted securities - TRE
2026-07-20 Application for quotation of securities - TRE
2026-07-19 Letter to Ineligible Shareholders
2026-07-19 Retail Entitlement Offer Booklet
2026-07-19 Dispatch of Retail Entitlement Offer Booklet and Offer Opens

Key Metrics

$288.0M
Market Cap
427K
Avg Volume
1.7x
Vol Ratio
$0.26 — $0.67
52-Week Range
0.1%
Short Interest
N/A
Cash Runway
-36.2%
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandpassFloat: 26%
LLeader vs LaggardlaggardRS: -25
IInstitutional SponsorshippassInst: 76%
MMarket DirectionneutralNeutral

Sector: Basic Materials

505 tickers in this sector

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