MGU
MAGNUM MINING AND EXPLORATION LIMITED
$0.0070
▲ +7.69%
Market cap
$22M
Turnover
$12,570
Last price
$0.0070
Day change
+7.69%
Announcements
22
Range, past year
Open 0.010 · Low 0.003 · Now 0.007 · High 0.014
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MGU momentum and trend analysis
Our analysis
Independent analysis generated by Stock Trade Intelligence
as at 2026-10-13.
Momentum quality
25/100
Wyckoff phase
Accumulation20d
Trend stage
Emerging
1 Day
+0.0%
1 Week
+16.7%
1 Month
+16.7%
1 Year
-36.4%
RSI
56
Avg daily range
9.0%
MAGNUM MINING AND EXPLORATION LIMITED scores 25 out of 100 for momentum quality, a reading rated very low confidence. The score weighs trend structure, price consistency, volume backing and how long the move has held, so a high reading means a sustained trend rather than a single large day. Its trend is currently classified as Emerging.
On the Wyckoff cycle it sits in Accumulation, where it has been for 20 trading days. The weekly timeframe reads Uptrend, which does not yet agree with the daily view.
Against the wider market it is currently outperforming and the institutional accumulation signal reads low.
What stands out
- RSI in healthy zone (56)
Points to watch
- 60d drawdown -44.4%
- High volatility (ATR 9.0%)
- Thin liquidity
- Risk rating: Very High
- Composite downside risk elevated
MGU announcements
Recent price-sensitive releases.
- 2026-10-12 New Assays Define High-Desorption Magnet REEs (TbDy & NdPr) Progress Report
- 2026-09-28 New Assays Strengthen High-Desorption Targeting at Piracanju Progress Report
- 2026-09-22 Updated Non-Deal Roadshow Presentation Sept 2026 Company Presentation
- 2026-09-18 10,000M DRILLING MILESTONE COMPLETED AT PIRACANJUBA Progress Report
- 2026-09-09 Non-Deal Roadshow Presentation September 2026 Company Presentation
- 2026-09-09 Assays Define 32.5km2 Priority Area at Piracanjuba North Progress Report
- 2026-09-08 MULTIPLE BROAD TREO INTERCEPTS AT FEIRINHA, BRAZIL Progress Report
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