TXR

TALONXLTD FPO [TXR]
TalonX Resources Limited engages in the exploration and development of mineral resource properties. The company explores for zinc, lead, copper, silver, gallium, germanium, vanadium, and vanadium pentoxide. It holds 100% interest in the Kihabe – Nxuu Zinc/Lead/Silver/Germanium and Vanadium Project covering an area of approximately 1,000 square kilometers located in Western Ngamiland, Botswana. The company was formerly known as Mount Burgess Mining N.L. and changed its name to TalonX Resources Limited in January 2026. The company was incorporated in 1983 and is based in West Perth, Australia.
Basic Materials · ASX Small Cap
$0.0070 -12.5%

Updated 9 Sep 2026 · Signals refresh every scan

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

Bullish Signals

  • Volume surging at 2.6x normal while price falls — heavy selling pressure
  • Beating the Small Ords index — relative strength of 1.20, so it's outpacing the pack
  • Adequate cash runway (4 quarters)
  • 4C filed 2026-07-30
  • Very high P/S ratio (43493.2x)
  • Revenue in sharp decline (-79%)
  • Near 52-week low (13% of range)
  • Micro-cap ($5-20M) - high risk
  • CANSLIM S: Tight float (41%)
  • Healthy profit margins (166862%)
  • Sentiment is mixed — no strong consensus either way
  • The bigger volume days are the up days — volume-weighted momentum is positive (2.50%/day)
  • Penny stock risk ($0.007)
  • Liquidity risk: 6 zero-volume days in last 20
  • AUD/USD strong (-2pts)
  • RBA hiking (-3pts)

Risk Signals

  • Below the 200-day average — the long-term trend is still working against it
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • Long-term momentum is negative — down 45% over the past year
  • Revenue declining at -79% — the top line is shrinking

Expected next for TXR

27 Oct 2026Quarterly Activities ReportEstimated from past filings
Window: 20 Oct to 3 Nov
The last 4 moved TXR -13.7% 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 Copper and Base-Metal Discovery Potential in Botswana
NONE Viking Gold Project Update
NONE Quarterly Activities / Appendix 5B Cash Flow Report
HIGH Notice of change of interests of substantial holder
Announcement tone +3pts

Recent ASX Announcements

2026-09-07 Copper and Base-Metal Discovery Potential in Botswana PRICE SENSITIVE
2026-08-31 Notice of change of interests of substantial holder
2026-08-25 Viking Gold Project Update PRICE SENSITIVE
2026-07-30 Quarterly Activities / Appendix 5B Cash Flow Report PRICE SENSITIVE
2026-07-28 RC splits from Viking returns 4m @ 22.1g/t gold PRICE SENSITIVE

Key Metrics

$6.5M
Market Cap
843K
Avg Volume
2.6x
Vol Ratio
$0.00 — $0.03
52-Week Range
N/A
Short Interest
4 qtrs
Cash Runway
6.9%
ROE
166862.0%
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandpassFloat: 41%
LLeader vs LaggardpassRS: 10
IInstitutional Sponsorshipinsufficient_dataInst: 0%
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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