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Akora Resources Ltd
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Let's analyse Akora Resources Ltd together

PenkeI guess you are interested in Akora Resources 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 Akora Resources 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 Akora Resources Ltd (30 sec.)










What can you expect buying and holding a share of Akora Resources 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$0.12
Expected worth in 1 year
A$0.19
How sure are you?
83.3%

+ What do you gain per year?

Total Gains per Share
A$0.07
Return On Investment
46.4%

For what price can you sell your share?

Current Price per Share
A$0.15
Expected price per share
A$0.145 - A$0.185
How sure are you?
50%

1. Valuation of Akora Resources Ltd (5 min.)




Live pricePrice per Share (EOD)

A$0.15

Intrinsic Value Per Share

A$-0.47 - A$-0.37

Total Value Per Share

A$-0.35 - A$-0.25

2. Growth of Akora Resources Ltd (5 min.)




Is Akora Resources Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$7.1m$6.1m$1m14.9%

How much money is Akora Resources Ltd making?

Current yearPrevious yearGrowGrow %
Making money-$1m-$970.7k-$60.7k-5.9%
Net Profit Margin0.0%-1,014,206.1%--

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

3. Financial Health of Akora Resources Ltd (5 min.)




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




  Industry Rankings (Other Industrial Metals & Mining)  


Richest
#520 / 889

Most Revenue
#734 / 889

Most Profit
#455 / 889

Most Efficient
#422 / 889

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

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

What can you expect buying and holding a share of Akora Resources Ltd?

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

Speculation

The Price per Share of Akora Resources Ltd is A$0.15. 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 Akora Resources 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 Akora Resources 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$0.12. Based on the TTM, the Book Value Change Per Share is A$0.02 per quarter. Based on the YOY, the Book Value Change Per Share is A$0.02 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 Akora Resources 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-0.01-7.2%-0.01-7.2%-0.01-6.8%-0.01-6.0%-0.01-5.2%
Usd Book Value Change Per Share0.017.5%0.017.5%0.018.1%0.018.2%0.018.4%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.017.5%0.017.5%0.018.1%0.018.2%0.018.4%
Usd Price Per Share0.10-0.10-0.11-0.12-0.10-
Price to Earnings Ratio-8.93--8.93--10.44--12.58--10.49-
Price-to-Total Gains Ratio8.63-8.63-8.79--2.13--2.13-
Price to Book Ratio1.28-1.28-1.66-1.97-1.64-
Price-to-Total Gains Ratio8.63-8.63-8.79--2.13--2.13-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.097005
Number of shares10308
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.010.01
Usd Total Gains Per Share0.010.01
Gains per Quarter (10308 shares)115.91126.64
Gains per Year (10308 shares)463.64506.55
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
104644540507497
20927918010131004
3013911382015201511
4018551846020262018
5023182310025332525
6027822774030393032
7032453238035463539
8037093702040524046
9041734166045594553
10046364630050655060

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 Share1.00.00.0100.0%2.01.00.066.7%4.01.00.080.0%5.01.00.083.3%5.01.00.083.3%
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 Share1.00.00.0100.0%2.01.00.066.7%4.01.00.080.0%5.01.00.083.3%5.01.00.083.3%

Fundamentals of Akora Resources Ltd

About Akora Resources Ltd

AKORA Resources Limited engages in the exploration and evaluation of iron ore projects in Madagascar. Its flagship project is the Bekisopa property that consists of three granted research permits and one granted small scale mining permit covering an area of 93.5 square kilometers located in south central Madagascar. The company was formerly known as Indian Pacific Resources Limited. AKORA Resources Limited was incorporated in 2009 and is based in Carlton North, Australia.

Fundamental data was last updated by Penke on 2024-03-28 14:07:06.

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 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 underpriced.
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 Akora Resources Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Akora Resources Ltd earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Akora Resources 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 Akora Resources Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-1,014,206.1%+1,014,206.1%
TTM-5Y-1,512,460.2%+1,512,460.2%
5Y-1,512,460.2%10Y-1,272,076.5%-240,383.7%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ--69.4%+69.4%
TTM--76.6%+76.6%
YOY-1,014,206.1%-71.9%-1,014,134.2%
5Y-1,512,460.2%-416.6%-1,512,043.6%
10Y-1,272,076.5%-933.1%-1,271,143.4%
1.1.2. Return on Assets

Shows how efficient Akora Resources Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Akora Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • -14.2% Return on Assets means that Akora Resources Ltd generated $-0.14 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Akora Resources Ltd:

  • The MRQ is -14.2%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -14.2%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-14.2%TTM-14.2%0.0%
TTM-14.2%YOY-15.6%+1.4%
TTM-14.2%5Y-15.5%+1.4%
5Y-15.5%10Y-14.9%-0.7%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-14.2%-9.2%-5.0%
TTM-14.2%-9.1%-5.1%
YOY-15.6%-8.3%-7.3%
5Y-15.5%-13.7%-1.8%
10Y-14.9%-19.9%+5.0%
1.1.3. Return on Equity

Shows how efficient Akora Resources Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Akora Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • -14.4% Return on Equity means Akora Resources Ltd generated $-0.14 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Akora Resources Ltd:

  • The MRQ is -14.4%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -14.4%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-14.4%TTM-14.4%0.0%
TTM-14.4%YOY-15.9%+1.5%
TTM-14.4%5Y-16.9%+2.5%
5Y-16.9%10Y-16.9%+0.0%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-14.4%-9.8%-4.6%
TTM-14.4%-9.7%-4.7%
YOY-15.9%-9.2%-6.7%
5Y-16.9%-14.4%-2.5%
10Y-16.9%-20.8%+3.9%

1.2. Operating Efficiency of Akora Resources Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Akora Resources Ltd is operating .

  • Measures how much profit Akora Resources 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 Akora Resources 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 Akora Resources Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-1,013,635.8%+1,013,635.8%
TTM-5Y-1,555,650.3%+1,555,650.3%
5Y-1,555,650.3%10Y-1,302,888.1%-252,762.1%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ--360.3%+360.3%
TTM--187.4%+187.4%
YOY-1,013,635.8%-127.9%-1,013,507.9%
5Y-1,555,650.3%-531.6%-1,555,118.7%
10Y-1,302,888.1%-948.8%-1,301,939.3%
1.2.2. Operating Ratio

Measures how efficient Akora Resources 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 Akora Resources Ltd:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY10,168.986-10,168.986
TTM-5Y14,623.500-14,623.500
5Y14,623.50010Y12,186.250+2,437.250
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-2.181-2.181
TTM-2.181-2.181
YOY10,168.9862.290+10,166.696
5Y14,623.5007.779+14,615.721
10Y12,186.25011.211+12,175.039

1.3. Liquidity of Akora Resources Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Akora Resources 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 7.58 means the company has $7.58 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Akora Resources Ltd:

  • The MRQ is 7.575. The company is very able to pay all its short-term debts. +2
  • The TTM is 7.575. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ7.575TTM7.5750.000
TTM7.575YOY3.916+3.660
TTM7.5755Y6.614+0.961
5Y6.61410Y5.529+1.085
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ7.5752.381+5.194
TTM7.5752.553+5.022
YOY3.9163.635+0.281
5Y6.6144.045+2.569
10Y5.5294.805+0.724
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Akora Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • A Quick Ratio of 7.59 means the company can pay off $7.59 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Akora Resources Ltd:

  • The MRQ is 7.588. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 7.588. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ7.588TTM7.5880.000
TTM7.588YOY3.928+3.660
TTM7.5885Y6.622+0.966
5Y6.62210Y5.549+1.073
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ7.5880.939+6.649
TTM7.5880.921+6.667
YOY3.9281.107+2.821
5Y6.6221.356+5.266
10Y5.5491.507+4.042

1.4. Solvency of Akora Resources Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Akora Resources Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Akora Resources Ltd to Other Industrial Metals & Mining industry mean.
  • A Debt to Asset Ratio of 0.02 means that Akora Resources Ltd assets are financed with 1.6% credit (debt) and the remaining percentage (100% - 1.6%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Akora Resources Ltd:

  • The MRQ is 0.016. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.016. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.016TTM0.0160.000
TTM0.016YOY0.020-0.004
TTM0.0165Y0.065-0.049
5Y0.06510Y0.108-0.043
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0160.186-0.170
TTM0.0160.186-0.170
YOY0.0200.139-0.119
5Y0.0650.212-0.147
10Y0.1080.246-0.138
1.4.2. Debt to Equity Ratio

Measures if Akora Resources Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Akora Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • A Debt to Equity ratio of 1.6% 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 Akora Resources Ltd:

  • The MRQ is 0.016. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.016. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.016TTM0.0160.000
TTM0.016YOY0.020-0.004
TTM0.0165Y0.076-0.060
5Y0.07610Y0.143-0.067
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0160.200-0.184
TTM0.0160.204-0.188
YOY0.0200.140-0.120
5Y0.0760.220-0.144
10Y0.1430.244-0.101

2. Market Valuation of Akora Resources 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 Akora Resources Ltd generates.

  • Above 15 is considered overpriced but always compare Akora Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • A PE ratio of -8.93 means the investor is paying $-8.93 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Akora Resources Ltd:

  • The EOD is -8.933. Based on the earnings, the company is expensive. -2
  • The MRQ is -8.933. Based on the earnings, the company is expensive. -2
  • The TTM is -8.933. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-8.933MRQ-8.9330.000
MRQ-8.933TTM-8.9330.000
TTM-8.933YOY-10.441+1.508
TTM-8.9335Y-12.583+3.650
5Y-12.58310Y-10.486-2.097
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-8.933-4.260-4.673
MRQ-8.933-5.405-3.528
TTM-8.933-5.555-3.378
YOY-10.441-8.438-2.003
5Y-12.583-11.042-1.541
10Y-10.486-12.261+1.775
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -5.043. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -5.043. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -5.043. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-5.043MRQ-5.0430.000
MRQ-5.043TTM-5.0430.000
TTM-5.043YOY-4.361-0.682
TTM-5.0435Y-6.345+1.302
5Y-6.34510Y-5.288-1.058
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-5.043-4.286-0.757
MRQ-5.043-5.800+0.757
TTM-5.043-6.198+1.155
YOY-4.361-8.781+4.420
5Y-6.345-12.218+5.873
10Y-5.288-13.193+7.905
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Akora Resources 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 1.28 means the investor is paying $1.28 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Akora Resources Ltd:

  • The EOD is 1.284. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.284. Based on the equity, the company is underpriced. +1
  • The TTM is 1.284. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.284MRQ1.2840.000
MRQ1.284TTM1.2840.000
TTM1.284YOY1.660-0.375
TTM1.2845Y1.971-0.687
5Y1.97110Y1.643+0.329
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD1.2841.237+0.047
MRQ1.2841.515-0.231
TTM1.2841.586-0.302
YOY1.6602.249-0.589
5Y1.9712.392-0.421
10Y1.6432.941-1.298
2. Total Gains per Share

3. Holders & Insider Transactions

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

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Akora Resources 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--0.0170.0170%0.019-7%0.019-8%0.019-11%
Book Value Per Share--0.1170.1170%0.099+17%0.086+36%0.075+55%
Current Ratio--7.5757.5750%3.916+93%6.614+15%5.529+37%
Debt To Asset Ratio--0.0160.0160%0.020-20%0.065-76%0.108-86%
Debt To Equity Ratio--0.0160.0160%0.020-21%0.076-79%0.143-89%
Dividend Per Share----0%-0%-0%-0%
Eps---0.017-0.0170%-0.016-6%-0.014-18%-0.012-28%
Free Cash Flow Per Share---0.030-0.0300%-0.038+27%-0.027-8%-0.023-21%
Free Cash Flow To Equity Per Share--0.0060.0060%-0.003+154%0.003+90%0.002+188%
Gross Profit Margin--1.0001.0000%1.0000%1.178-15%1.148-13%
Intrinsic Value_10Y_max---0.368--------
Intrinsic Value_10Y_min---0.466--------
Intrinsic Value_1Y_max---0.029--------
Intrinsic Value_1Y_min---0.040--------
Intrinsic Value_3Y_max---0.094--------
Intrinsic Value_3Y_min---0.126--------
Intrinsic Value_5Y_max---0.166--------
Intrinsic Value_5Y_min---0.220--------
Market Cap14247420.0000%14247420.00014247420.0000%15672162.000-9%17096904.000-17%14247420.0000%
Net Profit Margin----0%-10142.0610%-15124.6020%-12720.7650%
Operating Margin----0%-10136.3580%-15556.5030%-13028.8810%
Operating Ratio----0%10168.986-100%14623.500-100%12186.250-100%
Pb Ratio1.2840%1.2841.2840%1.660-23%1.971-35%1.643-22%
Pe Ratio-8.9330%-8.933-8.9330%-10.441+17%-12.583+41%-10.486+17%
Price Per Share0.1500%0.1500.1500%0.165-9%0.180-17%0.1500%
Price To Free Cash Flow Ratio-5.0430%-5.043-5.0430%-4.361-14%-6.345+26%-5.288+5%
Price To Total Gains Ratio8.6270%8.6278.6270%8.792-2%-2.130+125%-2.130+125%
Quick Ratio--7.5887.5880%3.928+93%6.622+15%5.549+37%
Return On Assets---0.142-0.1420%-0.156+10%-0.155+10%-0.149+5%
Return On Equity---0.144-0.1440%-0.159+11%-0.169+18%-0.169+18%
Total Gains Per Share--0.0170.0170%0.019-7%0.019-8%0.019-11%
Usd Book Value--7174574.5187174574.5180%6106535.887+17%5277474.506+36%4621249.434+55%
Usd Book Value Change Per Share--0.0110.0110%0.012-7%0.012-8%0.013-11%
Usd Book Value Per Share--0.0760.0760%0.064+17%0.056+36%0.049+55%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.011-0.0110%-0.010-6%-0.009-18%-0.008-28%
Usd Free Cash Flow---1827029.032-1827029.0320%-2323822.679+27%-1678728.823-8%-1434667.735-21%
Usd Free Cash Flow Per Share---0.019-0.0190%-0.024+27%-0.018-8%-0.015-21%
Usd Free Cash Flow To Equity Per Share--0.0040.0040%-0.002+154%0.002+90%0.001+188%
Usd Market Cap9213806.5140%9213806.5149213806.5140%10135187.165-9%11056567.817-17%9213806.5140%
Usd Price Per Share0.0970%0.0970.0970%0.107-9%0.116-17%0.0970%
Usd Profit---1031467.099-1031467.0990%-970712.868-6%-850528.070-18%-746582.707-28%
Usd Revenue----0%95.712-100%59.367-100%103.364-100%
Usd Total Gains Per Share--0.0110.0110%0.012-7%0.012-8%0.013-11%
 EOD+0 -0MRQTTM+0 -0YOY+18 -135Y+15 -1710Y+14 -14

4.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-8.933
Price to Book Ratio (EOD)Between0-11.284
Net Profit Margin (MRQ)Greater than00.000
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than17.588
Current Ratio (MRQ)Greater than17.575
Debt to Asset Ratio (MRQ)Less than10.016
Debt to Equity Ratio (MRQ)Less than10.016
Return on Equity (MRQ)Greater than0.15-0.144
Return on Assets (MRQ)Greater than0.05-0.142
Total4/10 (40.0%)

4.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5043.642
Ma 20Greater thanMa 500.162
Ma 50Greater thanMa 1000.153
Ma 100Greater thanMa 2000.148
OpenGreater thanClose0.155
Total3/5 (60.0%)



Latest Balance Sheet

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

Summary
Total Assets11,271
Total Liabilities177
Total Stockholder Equity11,094
 As reported
Total Liabilities 177
Total Stockholder Equity+ 11,094
Total Assets = 11,271

Assets

Total Assets11,271
Total Current Assets1,338
Long-term Assets9,933
Total Current Assets
Cash And Cash Equivalents 1,314
Short-term Investments 2
Net Receivables 22
Total Current Assets  (as reported)1,338
Total Current Assets  (calculated)1,338
+/-0
Long-term Assets
Long-term Assets Other 9,933
Long-term Assets  (as reported)9,933
Long-term Assets  (calculated)9,933
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities177
Long-term Liabilities0
Total Stockholder Equity11,094
Total Current Liabilities
Accounts payable 45
Other Current Liabilities 132
Total Current Liabilities  (as reported)177
Total Current Liabilities  (calculated)177
+/-0
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Common Stock31,607
Retained Earnings -19,888
Accumulated Other Comprehensive Income -624
Total Stockholder Equity (as reported)11,094
Total Stockholder Equity (calculated)11,094
+/-0
Other
Cash and Short Term Investments 1,316
Common Stock Shares Outstanding 86,254
Liabilities and Stockholders Equity 11,271
Net Debt -1,314
Net Working Capital 1,162



Balance Sheet

All numbers in thousands.

 Trend2023-12-312022-12-312021-12-312020-12-312019-12-312018-12-31
> Total Assets 
3,062
5,255
8,584
8,289
9,632
11,271
11,2719,6328,2898,5845,2553,062
   > Total Current Assets 
92
2,109
4,804
1,069
741
1,338
1,3387411,0694,8042,10992
       Cash And Cash Equivalents 
14
2,092
4,770
1,046
722
1,314
1,3147221,0464,7702,09214
       Short-term Investments 
73
3
2
2
2
2
2222373
       Net Receivables 
6
14
32
21
17
22
22172132146
   > Long-term Assets 
0
3,146
3,780
7,220
8,891
9,933
9,9338,8917,2203,7803,1460
       Property Plant Equipment 
2,970
13
3,780
7,220
8,891
0
08,8917,2203,780132,970
       Other Assets 
0
0
0
0
0
0
000000
> Total Liabilities 
990
961
272
629
189
177
177189629272961990
   > Total Current Liabilities 
900
961
272
629
189
177
177189629272961900
       Short-term Debt 
240
0
0
0
0
0
00000240
       Accounts payable 
232
100
257
546
86
45
4586546257100232
       Other Current Liabilities 
407
861
15
84
103
132
1321038415861407
   > Long-term Liabilities 000000
> Total Stockholder Equity
2,072
4,159
8,312
7,660
9,443
11,094
11,0949,4437,6608,3124,1592,072
   Common Stock
15,971
18,833
24,472
24,787
28,186
31,607
31,60728,18624,78724,47218,83315,971
   Retained Earnings -19,888-18,501-17,268-16,191-14,734-13,788
   Capital Surplus 000000
   Treasury Stock000000
   Other Stockholders Equity 
-110
222
31
141
-242
0
0-24214131222-110



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-0
Gross Profit00
 
Operating Income (+$)
Gross Profit0
Operating Expense-1,598
Operating Income-1,598-1,598
 
Operating Expense (+$)
Research Development0
Selling General Administrative0
Selling And Marketing Expenses0
Operating Expense1,5980
 
Net Interest Income (+$)
Interest Income0
Interest Expense-0
Other Finance Cost-0
Net Interest Income0
 
Pretax Income (+$)
Operating Income-1,598
Net Interest Income0
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-1,595-1,601
EBIT - interestExpense = 0
-1,595
-1,595
Interest Expense0
Earnings Before Interest and Taxes (EBIT)0-1,595
Earnings Before Interest and Taxes (EBITDA)-1,598
 
After tax Income (+$)
Income Before Tax-1,595
Tax Provision-0
Net Income From Continuing Ops0-1,595
Net Income-1,595
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses1,598
Total Other Income/Expenses Net30
 

Technical Analysis of Akora Resources 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 Akora Resources Ltd. The general trend of Akora Resources Ltd is BEARISH with 14.3% 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 Akora Resources 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 (-14.3%) Bearish trend (14.3%)
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 Akora Resources 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: 0.18 < 0.18 < 0.185.

The bearish price targets are: 0.15 > 0.15 > 0.145.

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Akora Resources 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 Akora Resources Ltd. The current mas is .

The long score for the Moving Averages is 6/14.
The longshort score for the Moving Averages is -2/(-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 up: The MA 50 is trending up. +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 down: The MA 100 is trending down. -1
  • Close > MA 100: The price is above 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

Akora Resources 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 Akora Resources Ltd. The current macd is 0.00029813.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-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 Akora Resources Ltd price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Akora Resources Ltd. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Akora Resources Ltd price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +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
Akora Resources Ltd Daily Moving Average Convergence/Divergence (MACD) ChartAkora Resources 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 Akora Resources Ltd. The current adx is 18.01.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-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 Akora Resources Ltd shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Akora Resources 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 Akora Resources Ltd. The current sar is 0.17657527.

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
Akora Resources 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 Akora Resources Ltd. The current rsi is 43.64. 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
Akora Resources Ltd Daily Relative Strength Index (RSI) ChartAkora Resources 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 Akora Resources 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 Akora Resources Ltd price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Akora Resources Ltd Daily Stochastic Oscillator ChartAkora Resources 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 Akora Resources Ltd. The current cci is -104.27350427.

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
Akora Resources Ltd Daily Commodity Channel Index (CCI) ChartAkora Resources 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 Akora Resources Ltd. The current cmo is -23.00859521.

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
Akora Resources Ltd Daily Chande Momentum Oscillator (CMO) ChartAkora Resources 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 Akora Resources 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
Akora Resources Ltd Daily Williams %R ChartAkora Resources 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 Akora Resources Ltd.

Akora Resources 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 Akora Resources Ltd. The current atr is 0.00547125.

Akora Resources Ltd Daily Average True Range (ATR) ChartAkora Resources 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 Akora Resources Ltd. The current obv is -3,262,624.

Akora Resources Ltd Daily On-Balance Volume (OBV) ChartAkora Resources 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 Akora Resources Ltd. The current mfi is 15.12.

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
Akora Resources Ltd Daily Money Flow Index (MFI) ChartAkora Resources Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Akora Resources 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
2023-11-23ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-27MACD 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.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the 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).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-29MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-11DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-12-12ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-14DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-18MACD 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.
RSI LONG ENTRY SHORT CLOSE30 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).
2023-12-19ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-27STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-02SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-03MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-05MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-10STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-11MACD 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
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-15MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-17DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-18DMI 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
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-22BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-23SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-31DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-01MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-06DMI 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).
2024-02-07ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-13CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-16CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-21DMI 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.
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).
2024-02-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-27RSI SHORT ENTRY LONG CLOSE70 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-29STOCH 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).
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-12STOCH SHORT EXITThe %K line crosses above the %D 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).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-13MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-15ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-18MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-20STOCH 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).
2024-03-21MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-04-03MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-04-04DMI 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).
2024-04-05STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-08DMI 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
2024-04-09STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-04-10DMI 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
2024-04-12CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside

6.3. Candlestick Patterns

Akora Resources Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5043.642
Ma 20Greater thanMa 500.162
Ma 50Greater thanMa 1000.153
Ma 100Greater thanMa 2000.148
OpenGreater thanClose0.155
Total3/5 (60.0%)
Penke

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