MEX NZE Week ended 07 Aug 2026

Weekly Investor Report

Minerals Exploration Limited · Basic Materials · Gold

Latest close 0.08 NZD
-2.4% latest week
Weekly setup

Mixed setup

The weekly trend is not active. Price is -44.8% below the Trend Line and sits at 4.3% of its 52-week range. The latest completed week returned -2.4%, after a 3.9% four-week move. The latest news-sentiment score is 50/100.

Setup score 36 out of 100
Latest Close 0.08 NZD 7 Aug 2026
1W Return -2.4% latest completed week
4W Return 3.9% short-term follow-through
12W Return -35.5% quarterly tape
Trend Breadth 0.0% 0 of 43 weeks active
Volume Ratio 4.6x vs 13-week average
What is working
  • Volume is elevated versus the 13-week average, confirming attention.
What could go wrong
  • The trend backdrop is inactive, so price action has not confirmed a constructive regime.
  • Price is below the Trend Line, which keeps downside pressure in focus.
  • Price is below Fair Value, so the market is still discounting the latest tape.
  • Activity pressure is negative, which weakens the current setup.
What to watch next
  • Trend Line remains the key weekly regime level.
  • Activity pressure is the gauge to monitor for confirmation or fade.
  • A volume ratio above 1.5x would show stronger participation in the next move.
01 · Price action

Where price is—and whether the trend supports it

The weekly trend is not active. Price is -44.8% below the Trend Line and sits at 4.3% of its 52-week range. The latest completed week returned -2.4%, after a 3.9% four-week move.

Study the full chart

52-week price path

Price vs Trend Line and Fair Value
Price Trend Line Fair Value
02 · Volume and demand

Is real participation confirming the move?

Latest weekly volume is 4.6x the 13-week average. Participation is unusually strong and confirms that the move is attracting attention.

26-week volume confirmation

Bar height shows volume; colour shows the weekly price direction
13 Feb 20 Feb 27 Feb 6 Mar 13 Mar 20 Mar 27 Mar 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May 22 May 29 May 5 Jun 12 Jun 19 Jun 26 Jun 3 Jul 10 Jul 17 Jul 24 Jul 31 Jul 7 Aug
Up week Down week
Demand beneath price

Activity pressure and institutional-style signals

These indicators assess whether participation is improving beneath the headline price move. They are supporting evidence, not proof of institutional buying.

Activity pressure path

Latest 0.0412-week average 0.01

12-week confirmation

Trend active0/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure0/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership0/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.04Current proprietary activity-pressure read.
Buy signals0Accumulation signal count in the latest 12 weeks.
Reversal markers0No reversal markers

No recent accumulation markers. No reversal markers.

03 · Momentum and leadership

Is performance persistent—and is the stock leading?

Performance is 3.9% over four weeks, -35.5% over 12 weeks, and - over one year. The current trend has remained active for 0 consecutive weeks.

Performance by holding period

1W-2.4%
4W3.9%
12W-35.5%
26W-69.2%
52W-
Active trend streak0 weeks
Active weeks in one year0
Trend breadth0.0%

Activity pressure vs relative leadership

Activity pressureRelative leadership
Pressure-0.20Latest activity-pressure read.
Pressure change81.3%Four-week change in activity pressure.
Leadership-Latest relative-leadership reading.
RS change-Four-week change in relative leadership.
04 · Fundamentals and valuation

What investors are paying for—and the quality behind it

A published fundamentals and factor snapshot is not available for this company.

Open full factor analysis

No published fundamental snapshot is available for this company.

05 · Ownership, options, and sentiment

What other market participants are doing

Options, insider transactions, market sentiment, and activity-pressure signals can confirm or challenge the price story. None should be used alone.

Insider activity-

No recent insider transactions are stored for this company.

News sentiment50/100

Weighted news tone is neutral across 5 relevant articles.

0 positive · 5 neutral · 0 negative
Patient CapitalQuiet

Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.

No recent buy signal
06 · Catalysts and risk

What can move the shares—and how volatile the path has been

Event timing, options-implied movement, drawdown, and weekly return distribution frame the risk around the current setup.

Next earnings-No event is currently stored.
Options expected move-Nearest-chain priced movement where available.
52-week drawdown-77.1%Distance below the 52-week high.
13-week volatility10.0%Standard deviation of weekly returns.

Weekly gains and losses

Latest 26 completed weeks

Each bar is one week. Gains rise above the zero line; losses fall below it. Taller bars mean a larger weekly move.

Weeks higher3 of 2617 weeks finished lower.
Best week+9.3%Week of 24 Jul.
Worst week-34.2%Week of 29 May.
Latest week-2.4%Week of 7 Aug.

Shape of recent returns

Strong gains2
Modest gains1
Flat weeks6
Modest losses9
Sharp losses8
Recent vol10.0%13-week weekly-return volatility.
Base vol9.3%52-week weekly-return volatility.
Up/down split8/25Count of positive and negative weeks in the 52-week window.
Average skew9.5% / -7.5%Average positive week versus average negative week.
07 · Sector and peer context

Is this stock leading—or simply moving with its group?

Sector and industry breadth distinguish company-specific strength from a broad group move.

IndustryNZ Gold
4-week rank1 / 2
Group average-6.4%
Trend breadth0.0%
Trend0.0%active weekly trend signals
MD50.0%positive activity pressure
RS0.0%positive relative leadership

Four-week leaders

08 · Evidence and weekly data

The underlying research record

Every top-level statement above should be traceable to a stored market, fundamental, event, or positioning observation.

WeekCloseReturnTrend LineFair ValuePressureLeadershipVolumeTrend
7 Aug 20260.08 NZD-2.4%0.14 NZD0.17 NZD-0.20-292.6KOff
31 Jul 20260.08 NZD0.0%0.15 NZD0.18 NZD-0.37-14.7KOff
24 Jul 20260.08 NZD9.3%0.16 NZD0.18 NZD-0.59-26.0KOff
17 Jul 20260.07 NZD-2.6%0.16 NZD0.18 NZD-0.85-11.8KOff
10 Jul 20260.08 NZD1.3%0.16 NZD0.18 NZD-1.09-15.7KOff
3 Jul 20260.08 NZD-1.3%0.17 NZD0.19 NZD-1.30-0Off
26 Jun 20260.08 NZD8.5%0.17 NZD0.19 NZD-1.44-16.9KOff
19 Jun 20260.07 NZD0.0%0.18 NZD0.19 NZD-1.50-51Off
12 Jun 20260.07 NZD-6.6%0.18 NZD0.19 NZD-1.50-13.9KOff
5 Jun 20260.08 NZD-3.8%0.19 NZD0.20 NZD-1.47-24.2KOff
29 May 20260.08 NZD-34.2%0.19 NZD0.20 NZD-1.38-352.7KOff
22 May 20260.12 NZD-3.2%0.20 NZD0.21 NZD-1.34-27.0KOff
15 May 20260.12 NZD-3.1%0.21 NZD0.21 NZD-1.35-35.1KOff
8 May 20260.13 NZD-1.5%0.21 NZD0.21 NZD-1.38-94.7KOff
How to use this report

This is a completed-week research summary. It explains the available evidence and its conflicts; it does not predict a guaranteed outcome or replace your own risk assessment. Fundamental figures may refer to an earlier financial reporting period, which is shown above.

Evidence context