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Andromeda Metals Ltd
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Let's analyse Andromeda Metals Ltd together

PenkeI guess you are interested in Andromeda Metals 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 Andromeda Metals 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 Andromeda Metals Ltd (30 sec.)










What can you expect buying and holding a share of Andromeda Metals 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?
30.0%

What is your share worth?

Current worth
A$0.05
Expected worth in 1 year
A$0.04
How sure are you?
60.0%

+ What do you gain per year?

Total Gains per Share
A$-0.01
Return On Investment
-55.3%

For what price can you sell your share?

Current Price per Share
A$0.02
Expected price per share
A$0.021 - A$0.022
How sure are you?
50%

1. Valuation of Andromeda Metals Ltd (5 min.)




Live pricePrice per Share (EOD)

A$0.02

Intrinsic Value Per Share

A$-0.08 - A$-0.03

Total Value Per Share

A$-0.03 - A$0.02

2. Growth of Andromeda Metals Ltd (5 min.)




Is Andromeda Metals Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$105.7m$111.6m-$5.8m-5.6%

How much money is Andromeda Metals Ltd making?

Current yearPrevious yearGrowGrow %
Making money-$6.1m-$5.6m-$474.9k-7.7%
Net Profit Margin-2,058.9%-22,221.7%--

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

3. Financial Health of Andromeda Metals Ltd (5 min.)




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




  Industry Rankings (Other Industrial Metals & Mining)  


Richest
#176 / 897

Most Revenue
#307 / 897

Most Profit
#626 / 897

Most Efficient
#715 / 897

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

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

What can you expect buying and holding a share of Andromeda Metals Ltd?

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

Speculation

The Price per Share of Andromeda Metals Ltd is A$0.021. 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 Andromeda Metals 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 Andromeda Metals 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$0.05. 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$0.05 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 Andromeda Metals 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 Eps0.00-9.4%0.00-9.4%0.00-8.7%0.00-5.8%0.00-4.9%
Usd Book Value Change Per Share0.00-9.0%0.00-9.0%0.03154.5%0.0131.4%0.0014.5%
Usd Dividend Per Share0.000.0%0.000.0%0.002.2%0.000.5%0.000.2%
Usd Total Gains Per Share0.00-9.0%0.00-9.0%0.03156.7%0.0131.8%0.0014.8%
Usd Price Per Share0.02-0.02-0.05-0.04-0.03-
Price to Earnings Ratio-12.16--12.16--24.93--39.49--32.25-
Price-to-Total Gains Ratio-12.74--12.74-1.39-29.25-19.48-
Price to Book Ratio0.71-0.71-1.27-10.07-8.33-
Price-to-Total Gains Ratio-12.74--12.74-1.39-29.25-19.48-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.0136983
Number of shares73001
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.000.01
Usd Total Gains Per Share0.000.01
Gains per Quarter (73001 shares)-138.31488.23
Gains per Year (73001 shares)-553.251,952.91
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-553-5633019231943
20-1106-11166038463896
30-1660-16699057695849
40-2213-222212076917802
50-2766-277515096149755
60-3319-33281801153711708
70-3873-38812101346013661
80-4426-44342411538315614
90-4979-49872711730617567
100-5532-55403011922819520

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%0.010.00.00.0%1.026.00.03.7%
Book Value Change Per Share0.01.00.00.0%2.01.00.066.7%4.01.00.080.0%6.04.00.060.0%14.013.00.051.9%
Dividend per Share0.00.01.00.0%2.00.01.066.7%3.00.02.060.0%3.00.07.030.0%3.00.024.011.1%
Total Gains per Share0.01.00.00.0%2.01.00.066.7%4.01.00.080.0%6.04.00.060.0%14.013.00.051.9%

Fundamentals of Andromeda Metals Ltd

About Andromeda Metals Ltd

Andromeda Metals Limited, together with its subsidiaries, operates as a mineral exploration company in Australia. It explores for halloysite, kaolin, gold, and copper deposits. The company's primary project is the Great White and Mount Hope Kaolin project located in the Eyre Peninsula in South Australia. It also holds interests in the Drummond Epithermal Gold Project located in Drummond Basin, North Queensland; and the Eyre Peninsula Gold, Eyre Kaolin Project, Camel Lake Halloysite Project, and Moonta Copper Gold Project located in South Australia. The company was formerly known as Adelaide Resources Limited and changed its name to Andromeda Metals Limited in December 2016. Andromeda Metals Limited was incorporated in 1993 and is headquartered in Adelaide, Australia.

Fundamental data was last updated by Penke on 2024-03-20 08:50:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
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
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very 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 Andromeda Metals Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Andromeda Metals Ltd earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Andromeda Metals Ltd to the Other Industrial Metals & Mining industry mean.
  • A Net Profit Margin of -2,058.9% means that $-20.59 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Andromeda Metals Ltd:

  • The MRQ is -2,058.9%. The company is making a huge loss. -2
  • The TTM is -2,058.9%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-2,058.9%TTM-2,058.9%0.0%
TTM-2,058.9%YOY-22,221.7%+20,162.7%
TTM-2,058.9%5Y-24,620.6%+22,561.7%
5Y-24,620.6%10Y-31,086.2%+6,465.6%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-2,058.9%-35.3%-2,023.6%
TTM-2,058.9%-40.5%-2,018.4%
YOY-22,221.7%-50.7%-22,171.0%
5Y-24,620.6%-330.2%-24,290.4%
10Y-31,086.2%-750.2%-30,336.0%
1.1.2. Return on Assets

Shows how efficient Andromeda Metals Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Andromeda Metals Ltd to the Other Industrial Metals & Mining industry mean.
  • -5.7% Return on Assets means that Andromeda Metals Ltd generated $-0.06 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Andromeda Metals Ltd:

  • The MRQ is -5.7%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -5.7%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-5.7%TTM-5.7%0.0%
TTM-5.7%YOY-5.0%-0.7%
TTM-5.7%5Y-17.5%+11.8%
5Y-17.5%10Y-34.5%+17.0%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-5.7%-6.0%+0.3%
TTM-5.7%-6.8%+1.1%
YOY-5.0%-5.9%+0.9%
5Y-17.5%-9.2%-8.3%
10Y-34.5%-12.0%-22.5%
1.1.3. Return on Equity

Shows how efficient Andromeda Metals Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Andromeda Metals Ltd to the Other Industrial Metals & Mining industry mean.
  • -5.8% Return on Equity means Andromeda Metals Ltd generated $-0.06 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Andromeda Metals Ltd:

  • The MRQ is -5.8%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -5.8%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-5.8%TTM-5.8%0.0%
TTM-5.8%YOY-5.1%-0.7%
TTM-5.8%5Y-19.5%+13.7%
5Y-19.5%10Y-41.2%+21.6%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-5.8%-6.9%+1.1%
TTM-5.8%-7.5%+1.7%
YOY-5.1%-6.1%+1.0%
5Y-19.5%-9.8%-9.7%
10Y-41.2%-12.8%-28.4%

1.2. Operating Efficiency of Andromeda Metals Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Andromeda Metals Ltd is operating .

  • Measures how much profit Andromeda Metals 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 Andromeda Metals Ltd to the Other Industrial Metals & Mining industry mean.
  • An Operating Margin of -2,332.6% means the company generated $-23.33  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Andromeda Metals Ltd:

  • The MRQ is -2,332.6%. The company is operating very inefficient. -2
  • The TTM is -2,332.6%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-2,332.6%TTM-2,332.6%0.0%
TTM-2,332.6%YOY-21,689.5%+19,356.9%
TTM-2,332.6%5Y-24,246.7%+21,914.0%
5Y-24,246.7%10Y-31,246.9%+7,000.2%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-2,332.6%-285.5%-2,047.1%
TTM-2,332.6%-46.7%-2,285.9%
YOY-21,689.5%-76.4%-21,613.1%
5Y-24,246.7%-361.7%-23,885.0%
10Y-31,246.9%-693.1%-30,553.8%
1.2.2. Operating Ratio

Measures how efficient Andromeda Metals Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • An Operation Ratio of 23.33 means that the operating costs are $23.33 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Andromeda Metals Ltd:

  • The MRQ is 23.326. The company is inefficient in keeping operating costs low. -1
  • The TTM is 23.326. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ23.326TTM23.3260.000
TTM23.326YOY216.895-193.569
TTM23.3265Y243.610-220.284
5Y243.61010Y314.457-70.847
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ23.3261.951+21.375
TTM23.3261.923+21.403
YOY216.8952.082+214.813
5Y243.6104.850+238.760
10Y314.4578.674+305.783

1.3. Liquidity of Andromeda Metals Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Andromeda Metals 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 8.88 means the company has $8.88 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Andromeda Metals Ltd:

  • The MRQ is 8.878. The company is very able to pay all its short-term debts. +2
  • The TTM is 8.878. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ8.878TTM8.8780.000
TTM8.878YOY14.822-5.944
TTM8.8785Y7.345+1.533
5Y7.34510Y5.538+1.807
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ8.8782.375+6.503
TTM8.8782.609+6.269
YOY14.8223.429+11.393
5Y7.3454.136+3.209
10Y5.5384.566+0.972
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Andromeda Metals Ltd to the Other Industrial Metals & Mining industry mean.
  • A Quick Ratio of 7.98 means the company can pay off $7.98 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Andromeda Metals Ltd:

  • The MRQ is 7.977. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 7.977. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ7.977TTM7.9770.000
TTM7.977YOY14.599-6.622
TTM7.9775Y6.950+1.026
5Y6.95010Y5.341+1.609
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ7.9770.893+7.084
TTM7.9770.856+7.121
YOY14.5991.119+13.480
5Y6.9501.324+5.626
10Y5.3411.428+3.913

1.4. Solvency of Andromeda Metals Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Andromeda Metals Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Andromeda Metals Ltd to Other Industrial Metals & Mining industry mean.
  • A Debt to Asset Ratio of 0.02 means that Andromeda Metals Ltd assets are financed with 1.7% credit (debt) and the remaining percentage (100% - 1.7%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Andromeda Metals Ltd:

  • The MRQ is 0.017. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.017. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.017TTM0.0170.000
TTM0.017YOY0.017+0.000
TTM0.0175Y0.068-0.051
5Y0.06810Y0.098-0.030
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0170.192-0.175
TTM0.0170.190-0.173
YOY0.0170.151-0.134
5Y0.0680.212-0.144
10Y0.0980.238-0.140
1.4.2. Debt to Equity Ratio

Measures if Andromeda Metals Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Andromeda Metals Ltd to the Other Industrial Metals & Mining industry mean.
  • A Debt to Equity ratio of 1.8% means that company has $0.02 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Andromeda Metals Ltd:

  • The MRQ is 0.018. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.018. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.018TTM0.0180.000
TTM0.018YOY0.018+0.000
TTM0.0185Y0.079-0.061
5Y0.07910Y0.117-0.038
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0180.192-0.174
TTM0.0180.207-0.189
YOY0.0180.155-0.137
5Y0.0790.227-0.148
10Y0.1170.249-0.132

2. Market Valuation of Andromeda Metals 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 Andromeda Metals Ltd generates.

  • Above 15 is considered overpriced but always compare Andromeda Metals Ltd to the Other Industrial Metals & Mining industry mean.
  • A PE ratio of -12.16 means the investor is paying $-12.16 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Andromeda Metals Ltd:

  • The EOD is -6.903. Based on the earnings, the company is expensive. -2
  • The MRQ is -12.163. Based on the earnings, the company is expensive. -2
  • The TTM is -12.163. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-6.903MRQ-12.163+5.260
MRQ-12.163TTM-12.1630.000
TTM-12.163YOY-24.930+12.767
TTM-12.1635Y-39.485+27.322
5Y-39.48510Y-32.251-7.234
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-6.903-3.740-3.163
MRQ-12.163-5.000-7.163
TTM-12.163-5.557-6.606
YOY-24.930-8.469-16.461
5Y-39.485-10.469-29.016
10Y-32.251-11.327-20.924
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -3.759. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -6.622. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -6.622. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-3.759MRQ-6.622+2.864
MRQ-6.622TTM-6.6220.000
TTM-6.622YOY-21.285+14.663
TTM-6.6225Y-33.525+26.903
5Y-33.52510Y-29.490-4.035
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-3.759-3.924+0.165
MRQ-6.622-5.463-1.159
TTM-6.622-6.302-0.320
YOY-21.285-8.457-12.828
5Y-33.525-12.796-20.729
10Y-29.490-13.886-15.604
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Andromeda Metals 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 0.71 means the investor is paying $0.71 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Andromeda Metals Ltd:

  • The EOD is 0.403. Based on the equity, the company is cheap. +2
  • The MRQ is 0.710. Based on the equity, the company is cheap. +2
  • The TTM is 0.710. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.403MRQ0.710-0.307
MRQ0.710TTM0.7100.000
TTM0.710YOY1.272-0.562
TTM0.7105Y10.069-9.360
5Y10.06910Y8.331+1.738
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD0.4031.161-0.758
MRQ0.7101.511-0.801
TTM0.7101.591-0.881
YOY1.2722.243-0.971
5Y10.0692.501+7.568
10Y8.3312.940+5.391
2. Total Gains per Share

3. Holders & Insider Transactions

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

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Andromeda Metals 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---0.003-0.0030%0.050-106%0.010-129%0.005-162%
Book Value Per Share--0.0520.0520%0.055-5%0.024+120%0.013+294%
Current Ratio--8.8788.8780%14.822-40%7.345+21%5.538+60%
Debt To Asset Ratio--0.0170.0170%0.017+0%0.068-74%0.098-82%
Debt To Equity Ratio--0.0180.0180%0.018+0%0.079-77%0.117-85%
Dividend Per Share----0%0.001-100%0.000-100%0.000-100%
Eps---0.003-0.0030%-0.003-8%-0.002-38%-0.002-48%
Free Cash Flow Per Share---0.006-0.0060%-0.003-41%-0.003-54%-0.002-71%
Free Cash Flow To Equity Per Share---0.006-0.0060%0.011-154%0.001-586%0.000-1294%
Gross Profit Margin--1.0001.0000%1.0000%1.011-1%1.018-2%
Intrinsic Value_10Y_max---0.034--------
Intrinsic Value_10Y_min---0.079--------
Intrinsic Value_1Y_max---0.002--------
Intrinsic Value_1Y_min---0.005--------
Intrinsic Value_3Y_max---0.007--------
Intrinsic Value_3Y_min---0.017--------
Intrinsic Value_5Y_max---0.014--------
Intrinsic Value_5Y_min---0.033--------
Market Cap65315668.992-76%115079988.224115079988.2240%217718896.640-47%200923438.899-43%131253391.974-12%
Net Profit Margin---20.589-20.5890%-222.217+979%-246.206+1096%-310.862+1410%
Operating Margin---23.326-23.3260%-216.895+830%-242.467+939%-312.469+1240%
Operating Ratio--23.32623.3260%216.895-89%243.610-90%314.457-93%
Pb Ratio0.403-76%0.7100.7100%1.272-44%10.069-93%8.331-91%
Pe Ratio-6.903+43%-12.163-12.1630%-24.930+105%-39.485+225%-32.251+165%
Price Per Share0.021-76%0.0370.0370%0.070-47%0.065-43%0.042-12%
Price To Free Cash Flow Ratio-3.759+43%-6.622-6.6220%-21.285+221%-33.525+406%-29.490+345%
Price To Total Gains Ratio-7.230+43%-12.739-12.7390%1.388-1018%29.254-144%19.480-165%
Quick Ratio--7.9777.9770%14.599-45%6.950+15%5.341+49%
Return On Assets---0.057-0.0570%-0.050-13%-0.175+205%-0.345+502%
Return On Equity---0.058-0.0580%-0.051-13%-0.195+235%-0.412+605%
Total Gains Per Share---0.003-0.0030%0.050-106%0.010-128%0.005-161%
Usd Book Value--105774908.689105774908.6890%111667789.498-5%48094936.383+120%26834310.681+294%
Usd Book Value Change Per Share---0.002-0.0020%0.032-106%0.007-129%0.003-162%
Usd Book Value Per Share--0.0340.0340%0.036-5%0.015+120%0.009+294%
Usd Dividend Per Share----0%0.000-100%0.000-100%0.000-100%
Usd Eps---0.002-0.0020%-0.002-8%-0.001-38%-0.001-48%
Usd Free Cash Flow---11335559.161-11335559.1610%-6672220.800-41%-5230162.404-54%-3316128.038-71%
Usd Free Cash Flow Per Share---0.004-0.0040%-0.002-41%-0.002-54%-0.001-71%
Usd Free Cash Flow To Equity Per Share---0.004-0.0040%0.007-154%0.001-586%0.000-1294%
Usd Market Cap42605410.883-76%75066676.31975066676.3190%142018036.278-47%131062359.194-43%85616587.585-12%
Usd Price Per Share0.014-76%0.0240.0240%0.046-47%0.042-43%0.028-12%
Usd Profit---6171570.766-6171570.7660%-5696613.524-8%-3809186.605-38%-3180248.142-48%
Usd Revenue--299744.896299744.8960%25635.390+1069%71081.131+322%46602.269+543%
Usd Total Gains Per Share---0.002-0.0020%0.033-106%0.007-128%0.003-161%
 EOD+3 -5MRQTTM+0 -0YOY+6 -305Y+15 -2110Y+15 -21

4.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-6.903
Price to Book Ratio (EOD)Between0-10.403
Net Profit Margin (MRQ)Greater than0-20.589
Operating Margin (MRQ)Greater than0-23.326
Quick Ratio (MRQ)Greater than17.977
Current Ratio (MRQ)Greater than18.878
Debt to Asset Ratio (MRQ)Less than10.017
Debt to Equity Ratio (MRQ)Less than10.018
Return on Equity (MRQ)Greater than0.15-0.058
Return on Assets (MRQ)Greater than0.05-0.057
Total5/10 (50.0%)

4.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5038.130
Ma 20Greater thanMa 500.026
Ma 50Greater thanMa 1000.025
Ma 100Greater thanMa 2000.024
OpenGreater thanClose0.022
Total3/5 (60.0%)



Reversals in quarterly reports

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

 2019-06-302020-06-302021-06-302022-06-302023-06-30
Income Tax Expense  721082-748232240-1,787-1,547
Total Other Income Expense Net 23345367-34424730-320-290



Latest Balance Sheet

Balance Sheet of 2023-06-30. Currency in AUD. All numbers in thousands.

Summary
Total Assets165,030
Total Liabilities2,874
Total Stockholder Equity162,157
 As reported
Total Liabilities 2,874
Total Stockholder Equity+ 162,157
Total Assets = 165,030

Assets

Total Assets165,030
Total Current Assets19,892
Long-term Assets145,139
Total Current Assets
Cash And Cash Equivalents 15,301
Net Receivables 2,572
Other Current Assets 2,019
Total Current Assets  (as reported)19,892
Total Current Assets  (calculated)19,892
+/-0
Long-term Assets
Property Plant Equipment 2,714
Long Term Investments 300
Long-term Assets Other 142,350
Long-term Assets  (as reported)145,139
Long-term Assets  (calculated)145,364
+/- 226

Liabilities & Shareholders' Equity

Total Current Liabilities2,241
Long-term Liabilities633
Total Stockholder Equity162,157
Total Current Liabilities
Short-term Debt 201
Accounts payable 1,730
Other Current Liabilities 310
Total Current Liabilities  (as reported)2,241
Total Current Liabilities  (calculated)2,241
+/-0
Long-term Liabilities
Long term Debt Total 527
Other Liabilities 106
Long-term Liabilities  (as reported)633
Long-term Liabilities  (calculated)633
+/-0
Total Stockholder Equity
Common Stock219,934
Retained Earnings -62,939
Accumulated Other Comprehensive Income 5,214
Other Stockholders Equity -52
Total Stockholder Equity (as reported)162,157
Total Stockholder Equity (calculated)162,157
+/-0
Other
Capital Stock219,882
Cash And Equivalents10,000
Cash and Short Term Investments 15,301
Common Stock Shares Outstanding 3,109,994
Current Deferred Revenue309
Liabilities and Stockholders Equity 165,030
Net Debt -14,574
Net Invested Capital 162,157
Net Tangible Assets 162,157
Net Working Capital 17,651
Property Plant and Equipment Gross 145,486
Short Long Term Debt Total 727



Balance Sheet

Currency in AUD. All numbers in thousands.

 Trend2023-06-302022-06-302021-06-302020-06-302019-06-302018-06-302017-06-302016-06-302015-06-302014-06-302013-06-302012-06-302011-06-302010-06-302009-06-302008-06-302007-06-302006-06-302005-06-302004-06-302003-06-302002-06-302001-06-302000-06-301999-06-301998-06-301997-06-30
> Total Assets 
6,207
5,065
4,842
4,432
3,640
4,434
5,318
5,122
6,601
7,944
8,162
16,598
11,735
16,524
21,464
20,888
17,155
12,344
13,578
10,506
4,791
6,351
8,366
12,685
17,756
174,224
165,030
165,030174,22417,75612,6858,3666,3514,79110,50613,57812,34417,15520,88821,46416,52411,73516,5988,1627,9446,6015,1225,3184,4343,6404,4324,8425,0656,207
   > Total Current Assets 
4,511
3,318
2,787
1,969
1,461
1,947
2,172
1,980
3,334
3,894
4,794
4,071
6,704
7,980
8,759
2,969
2,843
1,596
1,650
403
305
894
1,787
3,084
5,759
34,350
19,892
19,89234,3505,7593,0841,7878943054031,6501,5962,8432,9698,7597,9806,7044,0714,7943,8943,3341,9802,1721,9471,4611,9692,7873,3184,511
       Cash And Cash Equivalents 
4,447
3,274
2,743
1,937
1,399
1,867
2,008
1,736
3,238
3,548
4,425
3,658
6,179
7,561
8,381
2,915
2,771
1,376
1,604
348
268
861
1,669
2,999
4,905
32,853
15,301
15,30132,8534,9052,9991,6698612683481,6041,3762,7712,9158,3817,5616,1793,6584,4253,5483,2381,7362,0081,8671,3991,9372,7433,2744,447
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
285
253
202
209
222
0
0
0
0
0
0
0
0
-232
-467
0
0
00-467-232000000002222092022532850000000000
       Net Receivables 
65
45
44
32
62
80
164
244
95
64
84
160
324
210
156
54
71
220
46
54
37
33
118
85
691
979
2,572
2,57297969185118333754462207154156210324160846495244164806232444565
       Other Current Assets 
0
0
0
0
0
0
0
0
0
281
285
253
0
0
0
0
0
0
0
0
0
0
0
0
163
518
2,019
2,019518163000000000000253285281000000000
   > Long-term Assets 
1,695
1,747
2,055
2,463
2,179
2,486
3,146
3,142
3,267
4,050
3,368
12,527
5,030
8,544
12,706
17,919
14,312
10,748
11,929
10,104
4,486
5,457
6,580
9,602
11,997
139,874
145,139
145,139139,87411,9979,6026,5805,4574,48610,10411,92910,74814,31217,91912,7068,5445,03012,5273,3684,0503,2673,1423,1462,4862,1792,4632,0551,7471,695
       Property Plant Equipment 
1,216
1,450
1,480
1,683
1,496
1,803
2,463
2,589
2,914
4,050
3,368
4,862
4,990
8,419
12,529
17,919
14,219
10,656
11,829
10,004
4,362
5,349
6,455
151
213
2,134
2,714
2,7142,1342131516,4555,3494,36210,00411,82910,65614,21917,91912,5298,4194,9904,8623,3684,0502,9142,5892,4631,8031,4961,6831,4801,4501,216
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
100
93
93
93
200
467
372
300
3003724672009393931000000000000000000000
       Intangible Assets 
479
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000000000000479
       Other Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
93
100
100
124
108
75
75
0
372
300
300372075751081241001009300000000000000000
> Total Liabilities 
183
29
61
69
94
165
85
271
71
154
606
768
468
663
642
863
515
553
949
1,001
1,159
1,186
1,453
779
1,266
3,033
2,874
2,8743,0331,2667791,4531,1861,1591,001949553515863642663468768606154712718516594696129183
   > Total Current Liabilities 
182
25
55
61
84
158
76
260
55
92
576
713
395
523
494
717
380
234
412
196
262
194
456
709
1,209
2,317
2,241
2,2412,3171,20970945619426219641223438071749452339571357692552607615884615525182
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
202
209
222
0
0
0
0
0
0
0
71
71
57
166
201
2011665771710000000222209202000000000000
       Accounts payable 
0
0
0
58
83
157
74
256
47
82
563
701
392
521
478
705
356
196
387
196
196
194
456
626
880
1,966
1,730
1,7301,9668806264561941961963871963567054785213927015638247256741578358000
       Other Current Liabilities 
4
3
3
3
2
1
1
3
8
10
12
12
3
2
15
13
24
38
25
0
66
0
0
12
272
185
310
3101852721200660253824131523121210831123334
   > Long-term Liabilities 
1
3
5
7
9
7
9
12
16
62
30
55
73
139
148
146
135
319
537
805
897
992
997
70
57
716
633
63371657709979928978055373191351461481397355306216129797531
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
43
27
680
527
527680274300000000000000000000000
       Other Liabilities 
0
0
0
7
9
7
9
12
16
62
30
56
72
139
148
146
135
319
537
805
897
992
997
1,002
1,894
35
106
106351,8941,0029979928978055373191351461481397256306216129797000
> Total Stockholder Equity
6,023
5,036
4,781
4,364
3,547
4,269
5,233
4,851
6,530
7,789
7,556
15,829
11,267
15,861
20,822
20,025
16,639
11,791
12,629
9,505
3,632
5,165
6,914
10,931
16,489
171,191
162,157
162,157171,19116,48910,9316,9145,1653,6329,50512,62911,79116,63920,02520,82215,86111,26715,8297,5567,7896,5304,8515,2334,2693,5474,3644,7815,0366,023
   Common Stock
9,069
9,069
6,464
6,464
6,464
7,651
9,116
9,116
11,212
13,184
16,605
18,350
17,934
23,105
29,111
29,194
32,259
34,058
36,234
37,035
38,055
40,025
42,757
47,879
56,982
219,302
219,934
219,934219,30256,98247,87942,75740,02538,05537,03536,23434,05832,25929,19429,11123,10517,93418,35016,60513,18411,2129,1169,1167,6516,4646,4646,4649,0699,069
   Retained Earnings -62,939-54,925-46,279-39,836-36,406-35,293-34,460-27,556-23,616-23,779-17,095-10,608-9,628-8,365-7,721-10,928-10,040-6,251-4,682-4,265-3,882-3,382-2,917-2,100-1,683-1,428-440
   Accumulated Other Comprehensive Income 
-28
-60
-61
-64
-75
-82
-74
-83
-94
857
991
8,407
1,053
1,121
1,340
1,439
1,475
1,513
12
27
36
432
563
2,940
5,839
6,865
5,214
5,2146,8655,8392,9405634323627121,5131,4751,4391,3401,1211,0538,407991857-94-83-74-82-75-64-61-60-28
   Capital Surplus 000000000000000000000000000
   Treasury Stock00000-123-123-1230000000000000000000



Balance Sheet

Currency in AUD. All numbers in thousands.




Cash Flow

Currency in AUD. All numbers in thousands.




Income Statement

Currency in AUD. All numbers in thousands.


Latest Income Statement (annual, 2023-06-30)

Gross Profit (+$)
totalRevenue460
Cost of Revenue-425
Gross Profit-42535
 
Operating Income (+$)
Gross Profit-425
Operating Expense-10,294
Operating Income-10,719-10,719
 
Operating Expense (+$)
Research Development2,839
Selling General Administrative5
Selling And Marketing Expenses0
Operating Expense10,2942,843
 
Net Interest Income (+$)
Interest Income34
Interest Expense-0
Other Finance Cost-425
Net Interest Income460
 
Pretax Income (+$)
Operating Income-10,719
Net Interest Income460
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-11,009-10,429
EBIT - interestExpense = -10,719
-11,009
-9,461
Interest Expense0
Earnings Before Interest and Taxes (EBIT)-10,719-11,009
Earnings Before Interest and Taxes (EBITDA)-10,294
 
After tax Income (+$)
Income Before Tax-11,009
Tax Provision-0
Net Income From Continuing Ops-9,461-11,009
Net Income-9,461
Net Income Applicable To Common Shares-9,461
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses10,719
Total Other Income/Expenses Net-290-460
 

Technical Analysis of Andromeda Metals 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 Andromeda Metals Ltd. The general trend of Andromeda Metals Ltd is BEARISH with 28.6% 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 Andromeda Metals 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 zone transitionsBullish trend (-28.6%) Bearish trend (28.6%)
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 Andromeda Metals Ltd.

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

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 0.022 < 0.022 < 0.022.

The bearish price targets are: 0.022 > 0.021 > 0.021.

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Andromeda Metals 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 Andromeda Metals Ltd. The current mas is .

The long score for the Moving Averages is 5/14.
The longshort score for the Moving Averages is -4/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

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

Andromeda Metals 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 Andromeda Metals Ltd. The current macd is -0.00097881.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Andromeda Metals Ltd price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Andromeda Metals Ltd. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Andromeda Metals Ltd price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Andromeda Metals Ltd Daily Moving Average Convergence/Divergence (MACD) ChartAndromeda Metals 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 Andromeda Metals Ltd. The current adx is 23.42.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -2/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Andromeda Metals Ltd shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bearish trend could be forming. -1
Andromeda Metals 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 Andromeda Metals Ltd. The current sar is 0.02852501.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Andromeda Metals 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 Andromeda Metals Ltd. The current rsi is 38.13. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending down: The RSI is trending down. -1
Andromeda Metals Ltd Daily Relative Strength Index (RSI) ChartAndromeda Metals 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 Andromeda Metals Ltd. The current phase is Oversold in bear market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -6/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Andromeda Metals Ltd price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Andromeda Metals Ltd Daily Stochastic Oscillator ChartAndromeda Metals 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 Andromeda Metals Ltd. The current cci is -107.37628385.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
Andromeda Metals Ltd Daily Commodity Channel Index (CCI) ChartAndromeda Metals 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 Andromeda Metals Ltd. The current cmo is -32.92419753.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Andromeda Metals Ltd Daily Chande Momentum Oscillator (CMO) ChartAndromeda Metals 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 Andromeda Metals Ltd. The current willr is -100.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is -1/(-1 +1).

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Andromeda Metals Ltd Daily Williams %R ChartAndromeda Metals 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 Andromeda Metals Ltd.

Andromeda Metals 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 Andromeda Metals Ltd. The current atr is 0.0021186.

Andromeda Metals Ltd Daily Average True Range (ATR) ChartAndromeda Metals 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 Andromeda Metals Ltd. The current obv is -541,705,844.

Andromeda Metals Ltd Daily On-Balance Volume (OBV) ChartAndromeda Metals 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 Andromeda Metals Ltd. The current mfi is 5.77514151.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -2/(-2 +2).

  • MFI < 50: -1
  • MFI < 20: -1
Andromeda Metals Ltd Daily Money Flow Index (MFI) ChartAndromeda Metals Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Andromeda Metals 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
2023-11-07CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-08SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI 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).
2023-11-09WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-10MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-13RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-14MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-15CCI LONG ENTRY SHORT CLOSE100 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-17STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-22SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-23MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-11-24WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-27MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-28STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-29STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-01STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-05STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-07STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-12CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-13MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-12-14STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-15CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-18MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-19STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-21STOCH 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).
2023-12-22STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-27CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-28BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-29STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-03MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-04ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-09SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
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).
2024-01-10MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
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.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-12STOCH 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
2024-01-15STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-16MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-17SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-18STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-23MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-25STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-30STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-31STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-01STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-08DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-02-13CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-14DMI 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.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-19DMI 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
2024-02-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-21MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI 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
2024-02-26MACD 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
2024-02-27MACD 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).
2024-02-28MACD 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.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
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
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-01STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-04ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-06RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-03-08STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-11STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-13SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-14MACD 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
2024-03-18DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-20CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-22MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-25STOCH 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
2024-03-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-28STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside

6.3. Candlestick Patterns

Andromeda Metals Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5038.130
Ma 20Greater thanMa 500.026
Ma 50Greater thanMa 1000.025
Ma 100Greater thanMa 2000.024
OpenGreater thanClose0.022
Total3/5 (60.0%)
Penke

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