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African Gold Ltd
Buy, Hold or Sell?

Let's analyse African Gold Ltd together

PenkeI guess you are interested in African Gold Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of African Gold Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of African Gold Ltd (30 sec.)










What can you expect buying and holding a share of African Gold Ltd? (30 sec.)

How much money do you get?

How much money do you get?
A$0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
A$0.06
Expected worth in 1 year
A$0.04
How sure are you?
66.7%

+ What do you gain per year?

Total Gains per Share
A$-0.02
Return On Investment
-50.8%

For what price can you sell your share?

Current Price per Share
A$0.04
Expected price per share
A$0.035 - A$0.044
How sure are you?
50%

1. Valuation of African Gold Ltd (5 min.)




Live pricePrice per Share (EOD)

A$0.04

Intrinsic Value Per Share

A$-0.16 - A$-0.16

Total Value Per Share

A$-0.10 - A$-0.10

2. Growth of African Gold Ltd (5 min.)




Is African Gold Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$6.6m$7.1m-$496.8k-7.5%

How much money is African Gold Ltd making?

Current yearPrevious yearGrowGrow %
Making money-$1.1m-$1.2m$130.5k11.2%
Net Profit Margin0.0%0.0%--

How much money comes from the company's main activities?

3. Financial Health of African Gold Ltd (5 min.)




4. Comparing to competitors in the Other Industrial Metals & Mining industry (5 min.)




  Industry Rankings (Other Industrial Metals & Mining)  


Richest
#533 / 888

Most Revenue
#745 / 888

Most Profit
#478 / 888

Most Efficient
#436 / 888

What can you expect buying and holding a share of African Gold Ltd? (5 min.)

Welcome investor! African Gold Ltd's management wants to use your money to grow the business. In return you get a share of African Gold Ltd.

What can you expect buying and holding a share of African Gold Ltd?

First you should know what it really means to hold a share of African Gold Ltd. And how you can make/lose money.

Speculation

The Price per Share of African Gold Ltd is A$0.036. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of African Gold Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in African Gold Ltd, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is A$0.06. Based on the TTM, the Book Value Change Per Share is A$0.00 per quarter. Based on the YOY, the Book Value Change Per Share is A$0.00 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is A$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of African Gold Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 A$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per Share
Usd Eps-0.01-19.1%-0.01-19.1%-0.01-21.2%-0.01-17.0%-0.01-16.8%
Usd Book Value Change Per Share0.00-8.2%0.00-8.2%0.00-0.6%0.0013.7%0.0118.1%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.00-8.2%0.00-8.2%0.00-0.6%0.0013.7%0.0118.1%
Usd Price Per Share0.02-0.02-0.05-0.11-0.09-
Price to Earnings Ratio-2.53--2.53--6.75--27.99--23.32-
Price-to-Total Gains Ratio-5.91--5.91--259.51--36.08--36.08-
Price to Book Ratio0.44-0.44-1.22-4.20-3.50-
Price-to-Total Gains Ratio-5.91--5.91--259.51--36.08--36.08-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.0231228
Number of shares43247
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.000.00
Usd Total Gains Per Share0.000.00
Gains per Quarter (43247 shares)-126.91212.86
Gains per Year (43247 shares)-507.66851.46
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-508-5180851841
20-1015-1026017031692
30-1523-1534025542543
40-2031-2042034063394
50-2538-2550042574245
60-3046-3058051095096
70-3554-3566059605947
80-4061-4074068126798
90-4569-4582076637649
100-5077-5090085158500

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.01.00.00.0%0.03.00.00.0%0.05.00.00.0%0.06.00.00.0%0.06.00.00.0%
Book Value Change Per Share0.01.00.00.0%1.02.00.033.3%3.02.00.060.0%4.02.00.066.7%4.02.00.066.7%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.06.00.0%0.00.06.00.0%
Total Gains per Share0.01.00.00.0%1.02.00.033.3%3.02.00.060.0%4.02.00.066.7%4.02.00.066.7%

Fundamentals of African Gold Ltd

About African Gold Ltd

African Gold Limited, together with its subsidiaries, engages in acquiring, exploring, evaluating, and exploiting mineral resource projects in Africa. The company explores for gold, nickel, cobalt, copper, caesium, lithium, tantalum, niobium, and beryllium deposits. Its flagship project is the Didievi gold project located in Côte d'Ivoire. African Gold Limited was incorporated in 2018 and is headquartered in Subiaco, Australia.

Fundamental data was last updated by Penke on 2024-04-09 22:13:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of African Gold Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit African Gold Ltd earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare African Gold Ltd to the Other Industrial Metals & Mining industry mean.
  • A Net Profit Margin of 0.0% means that $0.00 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of African Gold Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y-0.0%
5Y-10Y-253,440.7%+253,440.7%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ--72.5%+72.5%
TTM--82.3%+82.3%
YOY--69.1%+69.1%
5Y--489.7%+489.7%
10Y-253,440.7%-933.8%-252,506.9%
1.1.2. Return on Assets

Shows how efficient African Gold Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare African Gold Ltd to the Other Industrial Metals & Mining industry mean.
  • -16.1% Return on Assets means that African Gold Ltd generated $-0.16 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of African Gold Ltd:

  • The MRQ is -16.1%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -16.1%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-16.1%TTM-16.1%0.0%
TTM-16.1%YOY-17.3%+1.2%
TTM-16.1%5Y-16.3%+0.2%
5Y-16.3%10Y-19.1%+2.8%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-16.1%-9.2%-6.9%
TTM-16.1%-9.0%-7.1%
YOY-17.3%-8.3%-9.0%
5Y-16.3%-13.7%-2.6%
10Y-19.1%-19.8%+0.7%
1.1.3. Return on Equity

Shows how efficient African Gold Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare African Gold Ltd to the Other Industrial Metals & Mining industry mean.
  • -17.6% Return on Equity means African Gold Ltd generated $-0.18 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of African Gold Ltd:

  • The MRQ is -17.6%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -17.6%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-17.6%TTM-17.6%0.0%
TTM-17.6%YOY-18.2%+0.6%
TTM-17.6%5Y-17.6%+0.0%
5Y-17.6%10Y-20.6%+3.0%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-17.6%-9.7%-7.9%
TTM-17.6%-9.6%-8.0%
YOY-18.2%-9.3%-8.9%
5Y-17.6%-14.5%-3.1%
10Y-20.6%-20.7%+0.1%

1.2. Operating Efficiency of African Gold Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient African Gold Ltd is operating .

  • Measures how much profit African Gold Ltd makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare African Gold Ltd to the Other Industrial Metals & Mining industry mean.
  • An Operating Margin of 0.0% means the company generated $0.00  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of African Gold Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y-0.0%
5Y-10Y-261,481.1%+261,481.1%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ--417.7%+417.7%
TTM--170.8%+170.8%
YOY--136.7%+136.7%
5Y--535.6%+535.6%
10Y-261,481.1%-948.8%-260,532.3%
1.2.2. Operating Ratio

Measures how efficient African Gold Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • An Operation Ratio of 0.00 means that the operating costs are $0.00 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of African Gold Ltd:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y-0.000
5Y-10Y3,074.228-3,074.228
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-2.239-2.239
TTM-2.181-2.181
YOY-2.275-2.275
5Y-8.358-8.358
10Y3,074.22811.725+3,062.503

1.3. Liquidity of African Gold Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if African Gold Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • A Current Ratio of 0.15 means the company has $0.15 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of African Gold Ltd:

  • The MRQ is 0.147. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.147. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.147TTM0.1470.000
TTM0.147YOY2.635-2.487
TTM0.1475Y5.754-5.607
5Y5.75410Y7.026-1.271
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1472.391-2.244
TTM0.1472.561-2.414
YOY2.6353.585-0.950
5Y5.7544.006+1.748
10Y7.0264.774+2.252
1.3.2. Quick Ratio

Measures if African Gold Ltd is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare African Gold Ltd to the Other Industrial Metals & Mining industry mean.
  • A Quick Ratio of 0.11 means the company can pay off $0.11 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of African Gold Ltd:

  • The MRQ is 0.110. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.110. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.110TTM0.1100.000
TTM0.110YOY2.575-2.465
TTM0.1105Y5.658-5.547
5Y5.65810Y6.912-1.254
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1100.939-0.829
TTM0.1100.920-0.810
YOY2.5751.107+1.468
5Y5.6581.359+4.299
10Y6.9121.517+5.395

1.4. Solvency of African Gold Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of African Gold Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare African Gold Ltd to Other Industrial Metals & Mining industry mean.
  • A Debt to Asset Ratio of 0.09 means that African Gold Ltd assets are financed with 8.5% credit (debt) and the remaining percentage (100% - 8.5%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of African Gold Ltd:

  • The MRQ is 0.085. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.085. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.085TTM0.0850.000
TTM0.085YOY0.050+0.036
TTM0.0855Y0.068+0.017
5Y0.06810Y0.069-0.001
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0850.186-0.101
TTM0.0850.188-0.103
YOY0.0500.140-0.090
5Y0.0680.212-0.144
10Y0.0690.249-0.180
1.4.2. Debt to Equity Ratio

Measures if African Gold Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare African Gold Ltd to the Other Industrial Metals & Mining industry mean.
  • A Debt to Equity ratio of 9.3% means that company has $0.09 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of African Gold Ltd:

  • The MRQ is 0.093. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.093. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.093TTM0.0930.000
TTM0.093YOY0.052+0.041
TTM0.0935Y0.075+0.018
5Y0.07510Y0.076-0.001
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0930.201-0.108
TTM0.0930.206-0.113
YOY0.0520.142-0.090
5Y0.0750.222-0.147
10Y0.0760.244-0.168

2. Market Valuation of African Gold Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings African Gold Ltd generates.

  • Above 15 is considered overpriced but always compare African Gold Ltd to the Other Industrial Metals & Mining industry mean.
  • A PE ratio of -2.53 means the investor is paying $-2.53 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of African Gold Ltd:

  • The EOD is -3.369. Based on the earnings, the company is expensive. -2
  • The MRQ is -2.527. Based on the earnings, the company is expensive. -2
  • The TTM is -2.527. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-3.369MRQ-2.527-0.842
MRQ-2.527TTM-2.5270.000
TTM-2.527YOY-6.745+4.218
TTM-2.5275Y-27.990+25.463
5Y-27.99010Y-23.325-4.665
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-3.369-4.164+0.795
MRQ-2.527-5.384+2.857
TTM-2.527-5.536+3.009
YOY-6.745-8.378+1.633
5Y-27.990-10.987-17.003
10Y-23.325-12.075-11.250
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of African Gold Ltd:

  • The EOD is -2.813. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -2.110. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -2.110. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-2.813MRQ-2.110-0.703
MRQ-2.110TTM-2.1100.000
TTM-2.110YOY-3.562+1.452
TTM-2.1105Y-13.184+11.075
5Y-13.18410Y-10.987-2.197
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-2.813-4.286+1.473
MRQ-2.110-5.791+3.681
TTM-2.110-6.130+4.020
YOY-3.562-8.559+4.997
5Y-13.184-12.248-0.936
10Y-10.987-13.179+2.192
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of African Gold Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • A PB ratio of 0.44 means the investor is paying $0.44 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of African Gold Ltd:

  • The EOD is 0.592. Based on the equity, the company is cheap. +2
  • The MRQ is 0.444. Based on the equity, the company is cheap. +2
  • The TTM is 0.444. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.592MRQ0.444+0.148
MRQ0.444TTM0.4440.000
TTM0.444YOY1.223-0.779
TTM0.4445Y4.197-3.754
5Y4.19710Y3.498+0.700
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD0.5921.215-0.623
MRQ0.4441.510-1.066
TTM0.4441.576-1.132
YOY1.2232.240-1.017
5Y4.1972.387+1.810
10Y3.4982.893+0.605
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of African Gold Ltd.

4. Summary

4.1. Key Performance Indicators

The key performance indicators of African Gold Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.005-0.0050%0.000-93%0.008-160%0.010-145%
Book Value Per Share--0.0610.0610%0.065-7%0.052+16%0.047+28%
Current Ratio--0.1470.1470%2.635-94%5.754-97%7.026-98%
Debt To Asset Ratio--0.0850.0850%0.050+72%0.068+25%0.069+23%
Debt To Equity Ratio--0.0930.0930%0.052+79%0.075+24%0.076+23%
Dividend Per Share----0%-0%-0%-0%
Eps---0.011-0.0110%-0.012+11%-0.010-11%-0.009-12%
Free Cash Flow Per Share---0.013-0.0130%-0.022+75%-0.016+21%-0.015+14%
Free Cash Flow To Equity Per Share---0.008-0.0080%-0.012+49%0.001-1333%-0.001-93%
Gross Profit Margin--1.0001.0000%1.996-50%1.796-44%1.664-40%
Intrinsic Value_10Y_max---0.161--------
Intrinsic Value_10Y_min---0.159--------
Intrinsic Value_1Y_max---0.016--------
Intrinsic Value_1Y_min---0.018--------
Intrinsic Value_3Y_max---0.047--------
Intrinsic Value_3Y_min---0.052--------
Intrinsic Value_5Y_max---0.080--------
Intrinsic Value_5Y_min---0.085--------
Market Cap6095196.288+25%4571397.2164571397.2160%13544880.640-66%30032386.599-85%25026988.833-82%
Net Profit Margin----0%-0%-0%-2534.4070%
Operating Margin----0%-0%-0%-2614.8110%
Operating Ratio----0%-0%-0%3074.228-100%
Pb Ratio0.592+25%0.4440.4440%1.223-64%4.197-89%3.498-87%
Pe Ratio-3.369-33%-2.527-2.5270%-6.745+167%-27.990+1008%-23.325+823%
Price Per Share0.036+25%0.0270.0270%0.080-66%0.177-85%0.148-82%
Price To Free Cash Flow Ratio-2.813-33%-2.110-2.1100%-3.562+69%-13.184+525%-10.987+421%
Price To Total Gains Ratio-7.879-33%-5.909-5.9090%-259.510+4291%-36.083+511%-36.083+511%
Quick Ratio--0.1100.1100%2.575-96%5.658-98%6.912-98%
Return On Assets---0.161-0.1610%-0.173+8%-0.163+2%-0.191+19%
Return On Equity---0.176-0.1760%-0.182+3%-0.176+0%-0.206+17%
Total Gains Per Share---0.005-0.0050%0.000-93%0.008-160%0.010-145%
Usd Book Value--6618473.7286618473.7280%7115338.382-7%5691539.511+16%5151561.583+28%
Usd Book Value Change Per Share---0.003-0.0030%0.000-93%0.005-160%0.007-145%
Usd Book Value Per Share--0.0390.0390%0.042-7%0.034+16%0.030+28%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.007-0.0070%-0.008+11%-0.006-11%-0.006-12%
Usd Free Cash Flow---1391833.270-1391833.2700%-2442512.106+75%-1688514.980+21%-1581632.170+14%
Usd Free Cash Flow Per Share---0.008-0.0080%-0.014+75%-0.010+21%-0.009+14%
Usd Free Cash Flow To Equity Per Share---0.005-0.0050%-0.008+49%0.000-1333%0.000-93%
Usd Market Cap3914944.576+25%2936208.4322936208.4320%8699876.835-66%19289801.913-85%16074834.927-82%
Usd Price Per Share0.023+25%0.0170.0170%0.051-66%0.114-85%0.095-82%
Usd Profit---1161956.027-1161956.0270%-1292509.925+11%-1034362.232-11%-1008475.016-13%
Usd Revenue----0%-0%-0%9.635-100%
Usd Total Gains Per Share---0.003-0.0030%0.000-93%0.005-160%0.007-145%
 EOD+5 -3MRQTTM+0 -0YOY+13 -175Y+11 -1910Y+12 -20

4.2. Fundamental Score

Let's check the fundamental score of African Gold Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-3.369
Price to Book Ratio (EOD)Between0-10.592
Net Profit Margin (MRQ)Greater than00.000
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.110
Current Ratio (MRQ)Greater than10.147
Debt to Asset Ratio (MRQ)Less than10.085
Debt to Equity Ratio (MRQ)Less than10.093
Return on Equity (MRQ)Greater than0.15-0.176
Return on Assets (MRQ)Greater than0.05-0.161
Total3/10 (30.0%)

4.3. Technical Score

Let's check the technical score of African Gold Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose0.036
Total0/1 (0.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2019-12-312020-12-312021-12-312022-12-312023-12-31
Net Debt  -1,628160-1,467-2,004-3,4712,026-1,4451,51065
Net Working Capital  9824861,4681,3992,867-1,922944-1,765-821



Latest Balance Sheet

Balance Sheet of 2023-12-31. All numbers in thousands.

Summary
Total Assets11,267
Total Liabilities963
Total Stockholder Equity10,304
 As reported
Total Liabilities 963
Total Stockholder Equity+ 10,304
Total Assets = 11,267

Assets

Total Assets11,267
Total Current Assets142
Long-term Assets11,125
Total Current Assets
Cash And Cash Equivalents 85
Net Receivables 21
Other Current Assets 36
Total Current Assets  (as reported)142
Total Current Assets  (calculated)142
+/-0
Long-term Assets
Property Plant Equipment 61
Long-term Assets Other 11,065
Long-term Assets  (as reported)11,125
Long-term Assets  (calculated)11,125
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities963
Long-term Liabilities0
Total Stockholder Equity10,304
Total Current Liabilities
Short-term Debt 150
Accounts payable 538
Other Current Liabilities 275
Total Current Liabilities  (as reported)963
Total Current Liabilities  (calculated)963
+/-0
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Common Stock11,035
Retained Earnings -9,350
Accumulated Other Comprehensive Income 8,620
Total Stockholder Equity (as reported)10,304
Total Stockholder Equity (calculated)10,304
+/-0
Other
Cash and Short Term Investments 85
Common Stock Shares Outstanding 166,969
Liabilities and Stockholders Equity 11,267
Net Debt 65
Net Working Capital -821
Short Long Term Debt Total 150



Balance Sheet

All numbers in thousands.

 Trend2023-12-312022-12-312021-12-312020-12-312019-12-312018-12-31
> Total Assets 
4,123
6,155
6,500
11,935
11,656
11,267
11,26711,65611,9356,5006,1554,123
   > Total Current Assets 
4,093
1,762
1,549
3,671
1,522
142
1421,5223,6711,5491,7624,093
       Cash And Cash Equivalents 
52
1,628
1,467
3,471
1,445
85
851,4453,4711,4671,62852
       Net Receivables 
3,980
55
77
16
43
21
21431677553,980
       Other Current Assets 
57
79
5
184
34
36
363418457957
   > Long-term Assets 
0
4,392
4,951
8,263
10,134
11,125
11,12510,1348,2634,9514,3920
       Property Plant Equipment 
0
2
0
8
10
61
61108020
       Long Term Investments 
30
0
0
0
0
0
0000030
       Other Assets 
0
0
0
0
0
0
000000
> Total Liabilities 
306
780
81
805
578
963
96357880581780306
   > Total Current Liabilities 
306
780
81
805
578
963
96357880581780306
       Short-term Debt 
0
0
0
0
0
150
15000000
       Accounts payable 
152
439
43
421
134
538
53813442143439152
       Other Current Liabilities 
145
341
38
384
443
275
27544338438341145
   > Long-term Liabilities 
0
439
43
421
134
0
0134421434390
> Total Stockholder Equity
3,817
5,374
6,419
11,130
11,078
10,304
10,30411,07811,1306,4195,3743,817
   Common Stock
496
1,139
2,974
8,447
10,200
11,035
11,03510,2008,4472,9741,139496
   Retained Earnings Total Equity000000
   Accumulated Other Comprehensive Income 
0
6,587
6,513
8,216
8,419
8,620
8,6208,4198,2166,5136,5870
   Capital Surplus 000000
   Treasury Stock000000
   Other Stockholders Equity 
766
6,587
6,513
8,216
-67
0
0-678,2166,5136,587766



Balance Sheet

All numbers in thousands.




Cash Flow

All numbers in thousands.




Income Statement

All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue0
Cost of Revenue-12
Gross Profit-12-12
 
Operating Income (+$)
Gross Profit-12
Operating Expense-1,807
Operating Income-1,819-1,819
 
Operating Expense (+$)
Research Development0
Selling General Administrative0
Selling And Marketing Expenses0
Operating Expense1,8070
 
Net Interest Income (+$)
Interest Income0
Interest Expense-0
Other Finance Cost-0
Net Interest Income0
 
Pretax Income (+$)
Operating Income-1,819
Net Interest Income0
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-1,809-1,829
EBIT - interestExpense = -1,819
-1,809
-1,809
Interest Expense0
Earnings Before Interest and Taxes (EBIT)-1,819-1,809
Earnings Before Interest and Taxes (EBITDA)-1,807
 
After tax Income (+$)
Income Before Tax-1,809
Tax Provision-0
Net Income From Continuing Ops0-1,809
Net Income-1,809
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses1,819
Total Other Income/Expenses Net100
 

Technical Analysis of African Gold Ltd
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of African Gold Ltd. The general trend of African Gold Ltd is UNKNOWN with 0.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine African Gold Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator StateBullish trend Bearish trend
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of African Gold Ltd.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 0.044 < 0.044 < 0.044.

The bearish price targets are: 0.035 > 0.035 > 0.035.

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African Gold Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of African Gold Ltd. The current mas is .

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

African Gold Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of African Gold Ltd.

African Gold Ltd Daily Moving Average Convergence/Divergence (MACD) ChartAfrican Gold Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of African Gold Ltd. The current adx is .

African Gold Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of African Gold Ltd.

African Gold Ltd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of African Gold Ltd.

African Gold Ltd Daily Relative Strength Index (RSI) ChartAfrican Gold Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of African Gold Ltd.

African Gold Ltd Daily Stochastic Oscillator ChartAfrican Gold Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of African Gold Ltd.

African Gold Ltd Daily Commodity Channel Index (CCI) ChartAfrican Gold Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of African Gold Ltd.

African Gold Ltd Daily Chande Momentum Oscillator (CMO) ChartAfrican Gold Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of African Gold Ltd.

African Gold Ltd Daily Williams %R ChartAfrican Gold Ltd Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of African Gold Ltd.

African Gold Ltd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of African Gold Ltd.

African Gold Ltd Daily Average True Range (ATR) ChartAfrican Gold Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of African Gold Ltd.

African Gold Ltd Daily On-Balance Volume (OBV) ChartAfrican Gold Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of African Gold Ltd.

African Gold Ltd Daily Money Flow Index (MFI) ChartAfrican Gold Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for African Gold Ltd.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-27MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-01STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-04STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-05WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-06SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-12-07STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-11CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-12SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-14MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-15STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-18BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-21RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-27STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-03MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-04SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-10DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-11DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-19ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-22CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-24DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-29DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-30WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-31CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-01STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-12CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-13DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-14SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-15ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-20ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-26DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-28DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-04MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-06SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-11MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-14CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-15MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-18STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-21CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-26SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-04-08MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-09CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-10STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-11MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-04-12SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-15RSI SHORT ENTRY LONG CLOSE70 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-18MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside

6.3. Candlestick Patterns

African Gold Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of African Gold Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose0.036
Total0/1 (0.0%)
Penke

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