MGU
MAGNUM MINING AND EXPLORATION LIMITED
$0.0060
0.00%
Market cap
$18M
Turnover
$12,284
Last price
$0.0060
Day change
0.00%
Announcements
22
Range, past year
Open 0.009 · Low 0.003 · Now 0.006 · High 0.014
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MGU momentum and trend analysis
Our analysis
Independent analysis generated by Stock Trade Intelligence
as at 2026-09-28.
Momentum quality
18/100
Wyckoff phase
Accumulation9d
Trend stage
Neutral
1 Day
+0.0%
1 Week
+0.0%
1 Month
-14.3%
1 Year
-33.3%
RSI
46
Avg daily range
11.2%
MAGNUM MINING AND EXPLORATION LIMITED scores 18 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 Neutral.
On the Wyckoff cycle it sits in Accumulation, where it has been for 9 trading days. The weekly timeframe reads Uptrend, which does not yet agree with the daily view.
Against the wider market it is currently underperforming and the institutional accumulation signal reads low.
Points to watch
- 60d drawdown -44.4%
- High volatility (ATR 11.2%)
- Thin liquidity
- Risk rating: Very High
- Composite downside risk elevated
MGU announcements
Recent price-sensitive releases.
- 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
- 2026-08-20 MAJOR MILESTONE ADVANCES PARKER PROJECT TOWARDS DRILLING Progress Report
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