{"ticker": {"uuid": "1690454f-bfb6-44fa-99ca-d45e05025d9a", "symbol": "MEX", "name": "Minerals Exploration Limited", "exchange": "NZE", "asset_type": "equity"}, "latest_week": "2026-06-12", "summary": "MEX closed the latest completed week at 0.07 NZD. The 4-week return is -42.7% and the 12-week return is -58.2%. Trend Signal is inactive, Market Dynamics is -1.36.", "description": "Minerals Exploration Limited, an exploration company, engages in the exploration and development of uranium, vanadium, lithium, and other mineral properties. It holds 100% interest in the East Canyon project that comprises 231 contiguous claims, which covers an area of approximately 4,620 acres/18.7 square kilometers located in the Dry Valley/East Canyon mining district of south-eastern Utah, the United States; South Pass Wyoming Lithium Project in Wyoming, the United States; and the Frome Downs and Yankaninna projects in the South Australia. The company was formerly known as Uvre Limited and changed its name to Minerals Exploration Limited in November 2025. The company was incorporated in 2021 and is based in West Perth, Australia.", "setup_signature": "Risk-first tape", "composite_score": "16", "kpis": [{"label": "Latest Close", "value": "0.07 NZD", "hint": "2026-06-12"}, {"label": "1W Return", "value": "-6.6%", "tone": "negative", "hint": "latest completed week"}, {"label": "4W Return", "value": "-42.7%", "tone": "negative", "hint": "short-term follow-through"}, {"label": "12W Return", "value": "-58.2%", "tone": "negative", "hint": "quarterly tape"}, {"label": "Trend Breadth", "value": "0.0%", "hint": "0 of 35 weeks active"}, {"label": "Volume Ratio", "value": "0.4x", "hint": "vs 13-week average"}], "classification": {"exchange": "NZE", "country": "NZ", "sector": "Basic Materials", "industry": "Gold", "currency": "NZD", "market_cap": "15.2M"}, "price": {"trend_line": "0.18 NZD", "fair_value": "0.19 NZD", "vs_trend": "-61.4%", "vs_fair_value": "-63.5%", "high_52": "0.35 NZD", "low_52": "0.07 NZD", "drawdown": "-79.7%", "range_position": "0.0%"}, "momentum": {"returns": [{"label": "1W", "value": -6.578947368421059, "value_label": "-6.6%", "tone": "negative", "width": 18.796992481203027}, {"label": "4W", "value": -42.741935483870975, "value_label": "-42.7%", "tone": "negative", "width": 100}, {"label": "12W", "value": -58.235294117647065, "value_label": "-58.2%", "tone": "negative", "width": 100}, {"label": "26W", "value": -69.1304347826087, "value_label": "-69.1%", "tone": "negative", "width": 100}, {"label": "52W", "value": null, "value_label": "-", "tone": "neutral", "width": 0}], "trend_streak": 0, "active_weeks": 0, "active_breadth": "0.0%", "peer": {"scope": "NZ Basic Materials", "count": 10, "rank": 6, "percentile": 44.44444444444444, "avg_weekly_return": -5.355868167866353}}, "setup": {"scores": [{"label": "Trend", "value": 0, "value_label": "0", "width": 4, "tone": "negative", "description": "Persistence of active Trend Signal over the last year and current streak."}, {"label": "Momentum", "value": 0, "value_label": "0", "width": 4, "tone": "negative", "description": "Blend of 4-week and 12-week follow-through."}, {"label": "Dynamics", "value": 25.365449278428883, "value_label": "25", "width": 25.365449278428883, "tone": "negative", "description": "Latest Market Dynamics and whether pressure has improved over four weeks."}, {"label": "Relative Strength", "value": 50.0, "value_label": "50", "width": 50.0, "tone": "neutral", "description": "Relative leadership and short-term RS change."}, {"label": "Volume", "value": 18.49205160796058, "value_label": "18", "width": 18.49205160796058, "tone": "negative", "description": "Participation compared with the 13-week volume baseline."}, {"label": "Risk Control", "value": 0, "value_label": "0", "width": 4, "tone": "negative", "description": "Drawdown and recent weekly volatility pressure."}], "timeline": [{"week": "27 Feb", "return": -11.627906976744184, "return_label": "-11.6%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": false, "height": 96.89922480620153}, {"week": "6 Mar", "return": 0.0, "return_label": "0.0%", "tone": "neutral", "trend": false, "buy_signal": false, "positive_md": false, "height": 4}, {"week": "13 Mar", "return": 0.0, "return_label": "0.0%", "tone": "neutral", "trend": false, "buy_signal": false, "positive_md": false, "height": 4}, {"week": "20 Mar", "return": -10.52631578947368, "return_label": "-10.5%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": false, "height": 87.719298245614}, {"week": "27 Mar", "return": -15.294117647058837, "return_label": "-15.3%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": false, "height": 100}, {"week": "3 Apr", "return": -2.7777777777777612, "return_label": "-2.8%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": false, "height": 23.14814814814801}, {"week": "10 Apr", "return": 0.0, "return_label": "0.0%", "tone": "neutral", "trend": false, "buy_signal": false, "positive_md": false, "height": 4}, {"week": "17 Apr", "return": 0.0, "return_label": "0.0%", "tone": "neutral", "trend": false, "buy_signal": false, "positive_md": false, "height": 4}, {"week": "24 Apr", "return": -1.4285714285714297, "return_label": "-1.4%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": false, "height": 11.904761904761914}, {"week": "1 May", "return": -5.797101449275368, "return_label": "-5.8%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": false, "height": 48.3091787439614}, {"week": "8 May", "return": -1.5384615384615397, "return_label": "-1.5%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": false, "height": 12.82051282051283}, {"week": "15 May", "return": -3.1250000000000027, "return_label": "-3.1%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": false, "height": 26.04166666666669}, {"week": "22 May", "return": -3.2258064516129057, "return_label": "-3.2%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": false, "height": 26.88172043010755}, {"week": "29 May", "return": -34.166666666666664, "return_label": "-34.2%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": false, "height": 100}, {"week": "5 Jun", "return": -3.797468354430383, "return_label": "-3.8%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": false, "height": 31.645569620253195}, {"week": "12 Jun", "return": -6.578947368421059, "return_label": "-6.6%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": false, "height": 54.82456140350883}]}, "groups": {"sector": {"scope": "NZ Basic Materials", "count": 10, "avg_weekly_return": -5.355868167866353, "avg_four_week_return": -14.762365366254238, "avg_twelve_week_return": -20.4936618823046, "trend_breadth": 10.0, "positive_md_breadth": 20.0, "positive_rs_breadth": 0.0, "week_rank": 6, "four_week_rank": 10, "twelve_week_rank": 10, "top_peers": [{"id": 25634, "symbol": "FBU", "name": "Fletcher Building Limited", "exchange": "NZE", "url": "/terminal/c8f50eec-8186-4e61-b216-0693427d5d44/report/", "weekly_return": 3.23624595469256, "weekly_return_label": "3.2%", "weekly_return_tone": "positive", "four_week_return": 5.280528052805286, "four_week_return_label": "5.3%", "four_week_return_tone": "positive", "twelve_week_return": -2.743902439024386, "twelve_week_return_label": "-2.7%", "twelve_week_return_tone": "negative", "trend_active": false, "positive_md": false, "positive_rs": false}, {"id": 25775, "symbol": "STU", "name": "Steel & Tube Holdings Limited", "exchange": "NZE", "url": "/terminal/1a448594-0c19-44ae-ae5c-22b6a1475a48/report/", "weekly_return": -2.7027027027027053, "weekly_return_label": "-2.7%", "weekly_return_tone": "negative", "four_week_return": -1.3698630136986314, "four_week_return_label": "-1.4%", "four_week_return_tone": "negative", "twelve_week_return": -23.404255319148934, "twelve_week_return_label": "-23.4%", "twelve_week_return_tone": "negative", "trend_active": false, "positive_md": false, "positive_rs": false}, {"id": 25742, "symbol": "RGI", "name": "RUA Gold Inc Ordinary Shares", "exchange": "NZE", "url": "/terminal/b18a1b94-2ea5-43d1-9cfd-963b46c5ef91/report/", "weekly_return": -0.6060606060606066, "weekly_return_label": "-0.6%", "weekly_return_tone": "negative", "four_week_return": -3.2448377581121033, "four_week_return_label": "-3.2%", "four_week_return_tone": "negative", "twelve_week_return": -0.6060606060606066, "twelve_week_return_label": "-0.6%", "twelve_week_return_tone": "negative", "trend_active": false, "positive_md": false, "positive_rs": false}, {"id": 25579, "symbol": "ARB", "name": "ArborGen Holdings Limited", "exchange": "NZE", "url": "/terminal/39cf0bd5-0914-44ab-b71b-98e21f1a3c16/report/", "weekly_return": -12.790697674418599, "weekly_return_label": "-12.8%", "weekly_return_tone": "negative", "four_week_return": -12.790697674418599, "four_week_return_label": "-12.8%", "four_week_return_tone": "negative", "twelve_week_return": -22.680412371134025, "twelve_week_return_label": "-22.7%", "twelve_week_return_tone": "negative", "trend_active": false, "positive_md": false, "positive_rs": false}, {"id": 25766, "symbol": "SMI", "name": "Santana Minerals Limited Ordina", "exchange": "NZE", "url": "/terminal/8784d7ea-f4d3-46f6-8dc0-b497b41cfd1a/report/", "weekly_return": -0.7299270072992706, "weekly_return_label": "-0.7%", "weekly_return_tone": "negative", "four_week_return": -12.820512820512816, "four_week_return_label": "-12.8%", "four_week_return_tone": "negative", "twelve_week_return": -28.795811518324598, "twelve_week_return_label": "-28.8%", "twelve_week_return_tone": "negative", "trend_active": false, "positive_md": false, "positive_rs": false}]}, "industry": {"scope": "NZ Gold", "count": 2, "avg_weekly_return": -7.135627530364372, "avg_four_week_return": -28.51382488479263, "avg_twelve_week_return": -41.617647058823536, "trend_breadth": 0.0, "positive_md_breadth": 50.0, "positive_rs_breadth": 0.0, "week_rank": 1, "four_week_rank": 2, "twelve_week_rank": 2, "top_peers": [{"id": 25709, "symbol": "NTL", "name": "New Talisman Gold Mines Limited", "exchange": "NZE", "url": "/terminal/8c0ae600-d025-4615-83ba-6376be538d03/report/", "weekly_return": -7.692307692307685, "weekly_return_label": "-7.7%", "weekly_return_tone": "negative", "four_week_return": -14.285714285714285, "four_week_return_label": "-14.3%", "four_week_return_tone": "negative", "twelve_week_return": -25.0, "twelve_week_return_label": "-25.0%", "twelve_week_return_tone": "negative", "trend_active": false, "positive_md": true, "positive_rs": false}, {"id": 25693, "symbol": "MEX", "name": "Minerals Exploration Limited", "exchange": "NZE", "url": "/terminal/1690454f-bfb6-44fa-99ca-d45e05025d9a/report/", "weekly_return": -6.578947368421059, "weekly_return_label": "-6.6%", "weekly_return_tone": "negative", "four_week_return": -42.741935483870975, "four_week_return_label": "-42.7%", "four_week_return_tone": "negative", "twelve_week_return": -58.235294117647065, "twelve_week_return_label": "-58.2%", "twelve_week_return_tone": "negative", "trend_active": false, "positive_md": false, "positive_rs": false}]}}, "dynamics": {"market_dynamics": "-1.36", "market_dynamics_tone": "negative", "md_4_change": "-1.0%", "relative_strength": "-", "rs_4_change": "-", "expectation": "Negative", "expectation_probability": "12.15%"}, "volume": {"latest": "25.3K", "average_13": "57.4K", "average_52": "175.5K", "ratio_13": "0.4x", "ratio_52": "0.1x"}, "risk": {"volatility_13": "8.9%", "volatility_52": "9.9%", "downside_weeks": 22, "upside_weeks": 5, "downside_breadth": "64.7%", "average_gain": "11.4%", "average_loss": "-8.3%"}, "signals": [{"label": "Trend Signal", "value": "Inactive", "tone": "negative"}, {"label": "Market Dynamics", "value": "No fresh buy", "tone": "neutral"}, {"label": "Price vs Trend", "value": "-61.4%", "tone": "negative"}, {"label": "Volume", "value": "0.4x", "tone": "neutral"}], "opportunities": ["No strong opportunity cluster is confirmed yet; monitor trend and Market Dynamics."], "risks": ["Trend Signal 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.", "Market Dynamics is negative, which weakens the current setup.", "The share remains more than 20% below its 52-week high."], "watch_points": ["Trend Line remains the key weekly regime level.", "Market Dynamics is the pressure gauge to monitor for confirmation or fade.", "A volume ratio above 1.5x would show stronger participation in the next move."], "recent_rows": [{"week": "2026-06-12", "close": "0.07 NZD", "weekly_return": -6.578947368421059, "weekly_return_label": "-6.6%", "weekly_return_tone": "negative", "trend_line": "0.18 NZD", "fair_value": "0.19 NZD", "market_dynamics": "-1.36", "relative_strength": "-", "volume": "25.3K", "trend_signal": "Off"}, {"week": "2026-06-05", "close": "0.08 NZD", "weekly_return": -3.797468354430383, "weekly_return_label": "-3.8%", "weekly_return_tone": "negative", "trend_line": "0.19 NZD", "fair_value": "0.20 NZD", "market_dynamics": "-1.36", "relative_strength": "-", "volume": "31.2K", "trend_signal": "Off"}, {"week": "2026-05-29", "close": "0.08 NZD", "weekly_return": -34.166666666666664, "weekly_return_label": "-34.2%", "weekly_return_tone": "negative", "trend_line": "0.19 NZD", "fair_value": "0.20 NZD", "market_dynamics": "-1.33", "relative_strength": "-", "volume": "352.7K", "trend_signal": "Off"}, {"week": "2026-05-22", "close": "0.12 NZD", "weekly_return": -3.2258064516129057, "weekly_return_label": "-3.2%", "weekly_return_tone": "negative", "trend_line": "0.20 NZD", "fair_value": "0.21 NZD", "market_dynamics": "-1.34", "relative_strength": "-", "volume": "27.0K", "trend_signal": "Off"}, {"week": "2026-05-15", "close": "0.12 NZD", "weekly_return": -3.1250000000000027, "weekly_return_label": "-3.1%", "weekly_return_tone": "negative", "trend_line": "0.21 NZD", "fair_value": "0.21 NZD", "market_dynamics": "-1.35", "relative_strength": "-", "volume": "35.1K", "trend_signal": "Off"}, {"week": "2026-05-08", "close": "0.13 NZD", "weekly_return": -1.5384615384615397, "weekly_return_label": "-1.5%", "weekly_return_tone": "negative", "trend_line": "0.21 NZD", "fair_value": "0.21 NZD", "market_dynamics": "-1.37", "relative_strength": "-", "volume": "94.7K", "trend_signal": "Off"}, {"week": "2026-05-01", "close": "0.13 NZD", "weekly_return": -5.797101449275368, "weekly_return_label": "-5.8%", "weekly_return_tone": "negative", "trend_line": "-", "fair_value": "0.21 NZD", "market_dynamics": "-1.05", "relative_strength": "-", "volume": "59.3K", "trend_signal": "Off"}, {"week": "2026-04-24", "close": "0.14 NZD", "weekly_return": -1.4285714285714297, "weekly_return_label": "-1.4%", "weekly_return_tone": "negative", "trend_line": "-", "fair_value": "0.22 NZD", "market_dynamics": "-", "relative_strength": "-", "volume": "15.7K", "trend_signal": "Off"}, {"week": "2026-04-17", "close": "0.14 NZD", "weekly_return": 0.0, "weekly_return_label": "0.0%", "weekly_return_tone": "neutral", "trend_line": "-", "fair_value": "0.22 NZD", "market_dynamics": "-", "relative_strength": "-", "volume": "6.6K", "trend_signal": "Off"}, {"week": "2026-04-10", "close": "0.14 NZD", "weekly_return": 0.0, "weekly_return_label": "0.0%", "weekly_return_tone": "neutral", "trend_line": "-", "fair_value": "0.22 NZD", "market_dynamics": "-", "relative_strength": "-", "volume": "6.4K", "trend_signal": "Off"}, {"week": "2026-04-03", "close": "0.14 NZD", "weekly_return": -2.7777777777777612, "weekly_return_label": "-2.8%", "weekly_return_tone": "negative", "trend_line": "-", "fair_value": "0.23 NZD", "market_dynamics": "-", "relative_strength": "-", "volume": "10.5K", "trend_signal": "Off"}, {"week": "2026-03-27", "close": "0.14 NZD", "weekly_return": -15.294117647058837, "weekly_return_label": "-15.3%", "weekly_return_tone": "negative", "trend_line": "-", "fair_value": "0.23 NZD", "market_dynamics": "-", "relative_strength": "-", "volume": "58.9K", "trend_signal": "Off"}, {"week": "2026-03-20", "close": "0.17 NZD", "weekly_return": -10.52631578947368, "weekly_return_label": "-10.5%", "weekly_return_tone": "negative", "trend_line": "-", "fair_value": "0.23 NZD", "market_dynamics": "-", "relative_strength": "-", "volume": "23.1K", "trend_signal": "Off"}, {"week": "2026-03-13", "close": "0.19 NZD", "weekly_return": 0.0, "weekly_return_label": "0.0%", "weekly_return_tone": "neutral", "trend_line": "-", "fair_value": "0.24 NZD", "market_dynamics": "-", "relative_strength": "-", "volume": "13.2K", "trend_signal": "Off"}], "chart_url": "/terminal/1690454f-bfb6-44fa-99ca-d45e05025d9a/", "api_path": "/terminal/1690454f-bfb6-44fa-99ca-d45e05025d9a/report/api/"}