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Altai Resources Inc.
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PenkeI guess you are interested in Altai Resources Inc.. 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 Altai Resources Inc.. 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 Altai Resources Inc. (30 sec.)










What can you expect buying and holding a share of Altai Resources Inc.? (30 sec.)

How much money do you get?

How much money do you get?
C$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
C$0.08
Expected worth in 1 year
C$0.08
How sure are you?
53.6%

+ What do you gain per year?

Total Gains per Share
C$0.00
Return On Investment
-2.7%

For what price can you sell your share?

Current Price per Share
C$0.06
Expected price per share
C$0.05 - C$0.06
How sure are you?
50%

1. Valuation of Altai Resources Inc. (5 min.)




Live pricePrice per Share (EOD)

C$0.06

Intrinsic Value Per Share

C$0.02 - C$0.02

Total Value Per Share

C$0.10 - C$0.10

2. Growth of Altai Resources Inc. (5 min.)




Is Altai Resources Inc. growing?

Current yearPrevious yearGrowGrow %
How rich?$3.2m$3.4m-$155.3k-4.7%

How much money is Altai Resources Inc. making?

Current yearPrevious yearGrowGrow %
Making money$8.6k-$18.8k$27.5k318.3%
Net Profit Margin26.8%-96.2%--

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

3. Financial Health of Altai Resources Inc. (5 min.)




4. Comparing to competitors in the Oil & Gas E&P industry (5 min.)




  Industry Rankings (Oil & Gas E&P)  


Richest
#293 / 367

Most Revenue
#299 / 367

Most Profit
#200 / 367

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

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

What can you expect buying and holding a share of Altai Resources Inc.?

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

Speculation

The Price per Share of Altai Resources Inc. is C$0.055. 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 Altai Resources Inc..
  • 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 Altai Resources Inc., 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 C$0.08. Based on the TTM, the Book Value Change Per Share is C$0.00 per quarter. Based on the YOY, the Book Value Change Per Share is C$0.00 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is C$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Altai Resources Inc..

How much money are you going to get?

 MRQTTMYOY5Y10Y
 C$% of Price per ShareC$% of Price per ShareC$% of Price per ShareC$% of Price per ShareC$% of Price per Share
Usd Eps0.000.5%0.000.3%0.00-0.6%0.00-0.5%0.00-0.6%
Usd Book Value Change Per Share0.00-3.1%0.00-0.5%0.00-1.6%0.00-0.5%0.003.8%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.00-3.1%0.00-0.5%0.00-1.6%0.00-0.5%0.003.8%
Usd Price Per Share0.05-0.06-0.06-0.06-0.07-
Price to Earnings Ratio44.59-4.68--70.82--27.67--29.13-
Price-to-Total Gains Ratio-30.71-1,338.94-31.20-255.16-221.36-
Price to Book Ratio0.88-0.93-0.97-0.91-1.20-
Price-to-Total Gains Ratio-30.71-1,338.94-31.20-255.16-221.36-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.0404965
Number of shares24693
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.000.00
Usd Total Gains Per Share0.000.00
Gains per Quarter (24693 shares)-6.66-7.06
Gains per Year (24693 shares)-26.64-28.25
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-27-370-28-38
20-53-640-57-66
30-80-910-85-94
40-107-1180-113-122
50-133-1450-141-150
60-160-1720-170-178
70-186-1990-198-206
80-213-2260-226-234
90-240-2530-254-262
100-266-2800-283-290

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 Share3.01.00.075.0%5.07.00.041.7%5.015.00.025.0%6.022.00.021.4%6.022.00.021.4%
Book Value Change Per Share3.01.00.075.0%8.04.00.066.7%10.010.00.050.0%15.013.00.053.6%15.013.00.053.6%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.020.00.0%0.00.028.00.0%0.00.028.00.0%
Total Gains per Share3.01.00.075.0%8.04.00.066.7%10.010.00.050.0%15.013.00.053.6%15.013.00.053.6%

Fundamentals of Altai Resources Inc.

About Altai Resources Inc.

Altai Resources Inc. operates as a natural resource exploration and development company in Canada. The company explores for oil and natural gas, and gold properties. It holds a 100% interest in the Sorel-Trois Rivieres natural gas property comprising five oil and gas and reservoir licenses covering an area of approximately 68,483 hectares located in St. Lawrence Lowlands, Quebec; and a 50% interest in the Cessford oil property covering an area of 240 acres located in the Cessford area of Southern Alberta. The company also holds a 50% interest in the Malartic gold property which consists of six map designated claims covering an area of 127.6 hectares located in the Malartic Township, Val d'Or area, Quebec. Altai Resources Inc. was incorporated in 1955 and is headquartered in Toronto, Canada.

Fundamental data was last updated by Penke on 2024-03-22 15:51:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
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 cheap.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Altai Resources Inc..

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Altai Resources Inc. earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Altai Resources Inc. to the Oil & Gas E&P industry mean.
  • A Net Profit Margin of 41.0% means that $0.41 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Altai Resources Inc.:

  • The MRQ is 41.0%. The company is making a huge profit. +2
  • The TTM is 26.8%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ41.0%TTM26.8%+14.2%
TTM26.8%YOY-96.2%+123.1%
TTM26.8%5Y-93.1%+120.0%
5Y-93.1%10Y-83.7%-9.4%
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ41.0%10.1%+30.9%
TTM26.8%12.5%+14.3%
YOY-96.2%19.1%-115.3%
5Y-93.1%-16.1%-77.0%
10Y-83.7%-35.7%-48.0%
1.1.2. Return on Assets

Shows how efficient Altai Resources Inc. is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Altai Resources Inc. to the Oil & Gas E&P industry mean.
  • 0.5% Return on Assets means that Altai Resources Inc. generated $0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Altai Resources Inc.:

  • The MRQ is 0.5%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.2%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.5%TTM0.2%+0.2%
TTM0.2%YOY-0.5%+0.7%
TTM0.2%5Y-0.4%+0.7%
5Y-0.4%10Y-0.5%+0.1%
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5%0.3%+0.2%
TTM0.2%0.5%-0.3%
YOY-0.5%1.9%-2.4%
5Y-0.4%-1.2%+0.8%
10Y-0.5%-2.4%+1.9%
1.1.3. Return on Equity

Shows how efficient Altai Resources Inc. is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Altai Resources Inc. to the Oil & Gas E&P industry mean.
  • 0.5% Return on Equity means Altai Resources Inc. generated $0.00 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Altai Resources Inc.:

  • The MRQ is 0.5%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 0.3%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.5%TTM0.3%+0.2%
TTM0.3%YOY-0.5%+0.8%
TTM0.3%5Y-0.5%+0.7%
5Y-0.5%10Y-0.5%+0.1%
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5%1.4%-0.9%
TTM0.3%1.7%-1.4%
YOY-0.5%4.4%-4.9%
5Y-0.5%-2.5%+2.0%
10Y-0.5%-4.1%+3.6%

1.2. Operating Efficiency of Altai Resources Inc..

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Altai Resources Inc. is operating .

  • Measures how much profit Altai Resources Inc. 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 Altai Resources Inc. to the Oil & Gas E&P 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 Altai Resources Inc.:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM7.6%-7.6%
TTM7.6%YOY-169.0%+176.6%
TTM7.6%5Y-171.7%+179.3%
5Y-171.7%10Y-144.1%-27.6%
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ-22.2%-22.2%
TTM7.6%14.2%-6.6%
YOY-169.0%33.0%-202.0%
5Y-171.7%-4.1%-167.6%
10Y-144.1%-17.6%-126.5%
1.2.2. Operating Ratio

Measures how efficient Altai Resources Inc. is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Oil & Gas E&P industry mean).
  • An Operation Ratio of 2.06 means that the operating costs are $2.06 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Altai Resources Inc.:

  • The MRQ is 2.059. The company is inefficient in keeping operating costs low. -1
  • The TTM is 2.335. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ2.059TTM2.335-0.276
TTM2.335YOY3.698-1.363
TTM2.3355Y4.001-1.666
5Y4.00110Y3.470+0.531
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ2.0591.063+0.996
TTM2.3350.998+1.337
YOY3.6980.754+2.944
5Y4.0011.077+2.924
10Y3.4701.176+2.294

1.3. Liquidity of Altai Resources Inc..

1.3. Liquidity
1.3.1. Current Ratio

Measures if Altai Resources Inc. is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Oil & Gas E&P industry mean).
  • A Current Ratio of 59.48 means the company has $59.48 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Altai Resources Inc.:

  • The MRQ is 59.475. The company is very able to pay all its short-term debts. +2
  • The TTM is 46.601. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ59.475TTM46.601+12.875
TTM46.601YOY34.206+12.395
TTM46.6015Y64.235-17.634
5Y64.23510Y100.719-36.484
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ59.4751.187+58.288
TTM46.6011.178+45.423
YOY34.2061.294+32.912
5Y64.2351.325+62.910
10Y100.7191.655+99.064
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Altai Resources Inc. to the Oil & Gas E&P industry mean.
  • A Quick Ratio of 37.38 means the company can pay off $37.38 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Altai Resources Inc.:

  • The MRQ is 37.385. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 30.127. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ37.385TTM30.127+7.258
TTM30.127YOY22.513+7.614
TTM30.1275Y39.735-9.608
5Y39.73510Y61.166-21.431
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ37.3850.652+36.733
TTM30.1270.664+29.463
YOY22.5130.874+21.639
5Y39.7350.829+38.906
10Y61.1660.976+60.190

1.4. Solvency of Altai Resources Inc..

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Altai Resources Inc. assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Altai Resources Inc. to Oil & Gas E&P industry mean.
  • A Debt to Asset Ratio of 0.07 means that Altai Resources Inc. assets are financed with 6.5% credit (debt) and the remaining percentage (100% - 6.5%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Altai Resources Inc.:

  • The MRQ is 0.065. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.075. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.065TTM0.075-0.009
TTM0.075YOY0.086-0.011
TTM0.0755Y0.070+0.005
5Y0.07010Y0.065+0.005
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0650.407-0.342
TTM0.0750.419-0.344
YOY0.0860.433-0.347
5Y0.0700.468-0.398
10Y0.0650.453-0.388
1.4.2. Debt to Equity Ratio

Measures if Altai Resources Inc. is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Altai Resources Inc. to the Oil & Gas E&P industry mean.
  • A Debt to Equity ratio of 7.0% means that company has $0.07 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Altai Resources Inc.:

  • The MRQ is 0.070. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.081. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.070TTM0.081-0.011
TTM0.081YOY0.094-0.013
TTM0.0815Y0.076+0.005
5Y0.07610Y0.070+0.006
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0700.587-0.517
TTM0.0810.601-0.520
YOY0.0940.675-0.581
5Y0.0760.830-0.754
10Y0.0700.785-0.715

2. Market Valuation of Altai Resources Inc.

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 Altai Resources Inc. generates.

  • Above 15 is considered overpriced but always compare Altai Resources Inc. to the Oil & Gas E&P industry mean.
  • A PE ratio of 44.59 means the investor is paying $44.59 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Altai Resources Inc.:

  • The EOD is 35.032. Based on the earnings, the company is overpriced. -1
  • The MRQ is 44.586. Based on the earnings, the company is overpriced. -1
  • The TTM is 4.685. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD35.032MRQ44.586-9.554
MRQ44.586TTM4.685+39.902
TTM4.685YOY-70.825+75.509
TTM4.6855Y-27.666+32.351
5Y-27.66610Y-29.132+1.466
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
EOD35.0321.497+33.535
MRQ44.5861.403+43.183
TTM4.6851.473+3.212
YOY-70.8251.042-71.867
5Y-27.666-0.830-26.836
10Y-29.132-0.906-28.226
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Altai Resources Inc.:

  • The EOD is 21.771. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 27.708. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The TTM is 102.085. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD21.771MRQ27.708-5.937
MRQ27.708TTM102.085-74.377
TTM102.085YOY-15.925+118.011
TTM102.0855Y-6.319+108.404
5Y-6.31910Y85.700-92.019
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
EOD21.7710.868+20.903
MRQ27.7081.145+26.563
TTM102.085-0.754+102.839
YOY-15.925-0.670-15.255
5Y-6.319-2.893-3.426
10Y85.700-4.397+90.097
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Altai Resources Inc. is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Oil & Gas E&P industry mean).
  • A PB ratio of 0.88 means the investor is paying $0.88 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Altai Resources Inc.:

  • The EOD is 0.695. Based on the equity, the company is cheap. +2
  • The MRQ is 0.885. Based on the equity, the company is cheap. +2
  • The TTM is 0.928. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.695MRQ0.885-0.190
MRQ0.885TTM0.928-0.043
TTM0.928YOY0.969-0.041
TTM0.9285Y0.907+0.021
5Y0.90710Y1.202-0.294
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
EOD0.6951.071-0.376
MRQ0.8851.078-0.193
TTM0.9281.081-0.153
YOY0.9691.385-0.416
5Y0.9071.237-0.330
10Y1.2021.431-0.229
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Altai Resources Inc. 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---0.0020.000-84%-0.001-47%0.000-83%0.003-181%
Book Value Per Share--0.0790.081-2%0.085-6%0.082-4%0.084-5%
Current Ratio--59.47546.601+28%34.206+74%64.235-7%100.719-41%
Debt To Asset Ratio--0.0650.075-12%0.086-24%0.070-7%0.065+0%
Debt To Equity Ratio--0.0700.081-13%0.094-25%0.076-7%0.070+0%
Dividend Per Share----0%-0%-0%-0%
Eps--0.0000.000+107%0.000+217%0.000+199%0.000+216%
Free Cash Flow Per Share--0.0010.001+23%0.000+143%0.000+4012%0.000+1405%
Free Cash Flow To Equity Per Share--0.0010.001+23%0.000+143%0.000+4012%0.000+294%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--0.024--------
Intrinsic Value_10Y_min--0.020--------
Intrinsic Value_1Y_max--0.000--------
Intrinsic Value_1Y_min--0.000--------
Intrinsic Value_3Y_max--0.003--------
Intrinsic Value_3Y_min--0.003--------
Intrinsic Value_5Y_max--0.007--------
Intrinsic Value_5Y_min--0.007--------
Market Cap3081848.000-27%3922352.0004202520.000-7%4622772.000-15%4223960.350-7%5728917.375-32%
Net Profit Margin--0.4100.268+53%-0.962+335%-0.931+327%-0.837+304%
Operating Margin---0.076-100%-1.6900%-1.7170%-1.4410%
Operating Ratio--2.0592.335-12%3.698-44%4.001-49%3.470-41%
Pb Ratio0.695-27%0.8850.928-5%0.969-9%0.907-3%1.202-26%
Pe Ratio35.032-27%44.5864.685+852%-70.825+259%-27.666+162%-29.132+165%
Price Per Share0.055-27%0.0700.075-7%0.083-15%0.075-6%0.101-31%
Price To Free Cash Flow Ratio21.771-27%27.708102.085-73%-15.925+157%-6.319+123%85.700-68%
Price To Total Gains Ratio-24.130+21%-30.7111338.941-102%31.200-198%255.156-112%221.358-114%
Quick Ratio--37.38530.127+24%22.513+66%39.735-6%61.166-39%
Return On Assets--0.0050.002+90%-0.005+202%-0.004+192%-0.005+208%
Return On Equity--0.0050.003+90%-0.005+204%-0.005+192%-0.005+208%
Total Gains Per Share---0.0020.000-84%-0.001-47%0.000-83%0.003-181%
Usd Book Value--3264736.5293333208.379-2%3488598.236-6%3416421.250-4%3472407.919-6%
Usd Book Value Change Per Share---0.0020.000-84%-0.001-47%0.000-83%0.002-181%
Usd Book Value Per Share--0.0580.059-2%0.062-6%0.061-4%0.062-5%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps--0.0000.000+107%0.000+217%0.000+199%0.000+216%
Usd Free Cash Flow--26057.65721220.534+23%-11297.235+143%534.848+4772%1665.195+1465%
Usd Free Cash Flow Per Share--0.0000.000+23%0.000+143%0.000+4012%0.000+1405%
Usd Free Cash Flow To Equity Per Share--0.0000.000+23%0.000+143%0.000+4012%0.000+294%
Usd Market Cap2269164.682-27%2888027.7783094315.476-7%3403747.024-15%3110102.006-7%4218201.863-32%
Usd Price Per Share0.040-27%0.0520.055-7%0.061-15%0.055-6%0.075-31%
Usd Profit--16193.4468654.470+87%-18892.906+217%-15921.089+198%-18850.910+216%
Usd Revenue--39506.91336404.513+9%37298.381+6%28246.861+40%32426.389+22%
Usd Total Gains Per Share---0.0020.000-84%-0.001-47%0.000-83%0.002-181%
 EOD+5 -3MRQTTM+20 -13YOY+19 -135Y+17 -1510Y+16 -16

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1535.032
Price to Book Ratio (EOD)Between0-10.695
Net Profit Margin (MRQ)Greater than00.410
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than137.385
Current Ratio (MRQ)Greater than159.475
Debt to Asset Ratio (MRQ)Less than10.065
Debt to Equity Ratio (MRQ)Less than10.070
Return on Equity (MRQ)Greater than0.150.005
Return on Assets (MRQ)Greater than0.050.005
Total6/10 (60.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5040.871
Ma 20Greater thanMa 500.059
Ma 50Greater thanMa 1000.060
Ma 100Greater thanMa 2000.056
OpenGreater thanClose0.055
Total1/5 (20.0%)



Latest Balance Sheet

Balance Sheet of 2023-09-30. Currency in CAD. All numbers in thousands.

Summary
Total Assets4,745
Total Liabilities311
Total Stockholder Equity4,434
 As reported
Total Liabilities 311
Total Stockholder Equity+ 4,434
Total Assets = 4,745

Assets

Total Assets4,745
Total Current Assets3,492
Long-term Assets1,253
Total Current Assets
Cash And Cash Equivalents 1,297
Short-term Investments 2,176
Net Receivables 19
Total Current Assets  (as reported)3,492
Total Current Assets  (calculated)3,492
+/- 0
Long-term Assets
Property Plant Equipment 1,253
Long-term Assets  (as reported)1,253
Long-term Assets  (calculated)1,253
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities59
Long-term Liabilities252
Total Stockholder Equity4,434
Total Current Liabilities
Total Current Liabilities  (as reported)59
Total Current Liabilities  (calculated)0
+/- 59
Long-term Liabilities
Long-term Liabilities  (as reported)252
Long-term Liabilities  (calculated)0
+/- 252
Total Stockholder Equity
Total Stockholder Equity (as reported)4,434
Total Stockholder Equity (calculated)0
+/- 4,434
Other
Capital Stock34,003
Common Stock Shares Outstanding 56,034
Net Invested Capital 4,434
Net Working Capital 3,433
Property Plant and Equipment Gross 1,925



Balance Sheet

Currency in CAD. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-31
> Total Assets 
5,191
5,253
5,150
5,167
5,241
5,130
5,146
5,158
4,927
5,114
5,097
5,197
5,122
4,657
4,601
4,612
4,758
5,019
5,217
5,207
5,265
5,467
5,081
4,919
4,993
4,954
4,881
4,745
4,7454,8814,9544,9934,9195,0815,4675,2655,2075,2175,0194,7584,6124,6014,6575,1225,1975,0975,1144,9275,1585,1465,1305,2415,1675,1505,2535,191
   > Total Current Assets 
3,695
3,772
3,685
3,717
3,807
3,711
3,741
3,769
3,552
3,754
3,752
3,867
3,816
3,366
3,324
3,349
3,494
3,770
3,984
3,988
4,074
4,288
3,889
3,696
3,702
3,676
3,616
3,492
3,4923,6163,6763,7023,6963,8894,2884,0743,9883,9843,7703,4943,3493,3243,3663,8163,8673,7523,7543,5523,7693,7413,7113,8073,7173,6853,7723,695
       Cash And Cash Equivalents 
1,460
1,507
1,475
1,483
1,469
1,517
1,520
1,533
1,525
1,486
1,451
1,480
1,449
1,457
1,411
1,405
1,367
1,400
1,393
1,410
1,384
1,393
1,353
1,298
1,239
1,259
1,262
1,297
1,2971,2621,2591,2391,2981,3531,3931,3841,4101,3931,4001,3671,4051,4111,4571,4491,4801,4511,4861,5251,5331,5201,5171,4691,4831,4751,5071,460
       Short-term Investments 
2,214
2,244
2,189
2,219
2,305
2,169
2,193
2,209
2,011
2,241
2,271
2,355
2,323
1,889
1,904
1,916
2,089
2,343
2,561
2,536
2,684
2,849
2,504
2,340
2,373
2,363
2,349
2,176
2,1762,3492,3632,3732,3402,5042,8492,6842,5362,5612,3432,0891,9161,9041,8892,3232,3552,2712,2412,0112,2092,1932,1692,3052,2192,1892,2442,214
       Net Receivables 
19
18
18
12
29
22
26
23
14
24
31
31
43
19
9
28
38
27
30
42
6
45
32
58
91
54
5
19
19554915832456423027382891943313124142326222912181819
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
1,360
1,345
1,330
1,306
1,291
1,278
1,263
1,264
1,249
1,234
1,218
1,191
1,179
1,191
1,223
1,291
1,278
1,265
1,253
1,2531,2651,2781,2911,2231,1911,1791,1911,2181,2341,2491,2641,2631,2781,2911,3061,3301,3451,360000000000
       Property Plant Equipment 
1,496
1,481
1,466
1,451
1,434
1,420
1,405
1,390
1,375
1,360
1,345
1,330
1,306
1,291
1,278
1,263
1,264
1,249
1,234
1,218
1,191
1,179
1,191
1,223
1,291
1,278
1,265
1,253
1,2531,2651,2781,2911,2231,1911,1791,1911,2181,2341,2491,2641,2631,2781,2911,3061,3301,3451,3601,3751,3901,4051,4201,4341,4511,4661,4811,496
> Total Liabilities 
274
286
261
264
298
271
263
272
285
291
287
356
330
269
252
283
305
354
359
418
414
523
440
403
442
393
319
311
311319393442403440523414418359354305283252269330356287291285272263271298264261286274
   > Total Current Liabilities 
29
33
15
13
36
26
14
15
54
29
21
78
56
58
38
66
50
64
40
98
88
174
124
107
174
123
48
59
5948123174107124174889840645066385856782129541514263613153329
       Accounts payable 
29
33
15
13
36
26
14
15
54
29
21
78
56
58
38
66
50
64
40
98
88
174
124
107
174
0
48
0
0480174107124174889840645066385856782129541514263613153329
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
262
267
279
274
211
214
217
256
290
319
320
326
349
316
296
268
270
271
252
252271270268296316349326320319290256217214211274279267262000000000
> Total Stockholder Equity
4,917
4,967
4,889
4,903
4,943
4,860
4,883
4,887
4,643
4,823
4,810
4,840
4,792
4,389
4,349
4,330
4,452
4,665
4,858
4,789
4,851
4,944
4,641
4,516
4,551
4,561
4,562
4,434
4,4344,5624,5614,5514,5164,6414,9444,8514,7894,8584,6654,4524,3304,3494,3894,7924,8404,8104,8234,6434,8874,8834,8604,9434,9034,8894,9674,917
   Common Stock
33,872
33,872
33,872
33,890
33,890
33,973
34,003
34,003
34,003
34,003
34,003
34,003
34,003
34,003
34,003
34,003
34,003
34,003
34,003
34,003
34,003
34,003
34,003
34,003
34,003
0
34,003
0
034,003034,00334,00334,00334,00334,00334,00334,00334,00334,00334,00334,00334,00334,00334,00334,00334,00334,00334,00334,00333,97333,89033,89033,87233,87233,872
   Retained Earnings -33,617-33,639-33,652-33,670-33,664-33,681-33,678-33,627-33,561-33,490-33,493-33,485-33,458-33,429-33,376-33,392-33,306-33,263-33,224-33,205-33,133-33,010-32,994-32,968-32,934-32,868-32,838-32,842
   Capital Surplus 0000000000000000000000000000
   Treasury Stock0000000000000000000000000000
   Other Stockholders Equity 
729
774
727
753
828
710
730
778
606
805
832
905
942
523
536
546
696
917
1,106
1,109
1,237
1,381
1,081
939
967
0
946
0
094609679391,0811,3811,2371,1091,106917696546536523942905832805606778730710828753727774729



Balance Sheet

Currency in CAD. All numbers in thousands.




Cash Flow

Currency in CAD. All numbers in thousands.




Income Statement

Currency in CAD. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue198
Cost of Revenue-127
Gross Profit7171
 
Operating Income (+$)
Gross Profit71
Operating Expense-331
Operating Income-133-260
 
Operating Expense (+$)
Research Development-
Selling General Administrative155
Selling And Marketing Expenses-
Operating Expense331155
 
Net Interest Income (+$)
Interest Income180
Interest Expense--
Other Finance Cost-0
Net Interest Income180
 
Pretax Income (+$)
Operating Income-133
Net Interest Income180
Other Non-Operating Income Expenses-
Income Before Tax (EBT)47-133
EBIT - interestExpense = 0
47
47
Interest Expense-
Earnings Before Interest and Taxes (EBIT)-47
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax47
Tax Provision--
Net Income From Continuing Ops4747
Net Income47
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net--180
 

Technical Analysis of Altai Resources Inc.
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 Altai Resources Inc.. The general trend of Altai Resources Inc. is BEARISH with 57.1% 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 Altai Resources Inc.'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 (-57.1%) Bearish trend (57.1%)
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 Altai Resources Inc..

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

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

The bullish price targets are: 0.06 < 0.06 < 0.06.

The bearish price targets are: 0.05 > 0.05 > 0.05.

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Altai Resources Inc. 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 Altai Resources Inc.. The current mas is .

The long score for the Moving Averages is 3/14.
The longshort score for the Moving Averages is -8/(-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 lower 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 lower 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 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

Altai Resources Inc. 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 Altai Resources Inc.. The current macd is -0.00157402.

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 Altai Resources Inc. price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Altai Resources Inc.. 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 Altai Resources Inc. 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
Altai Resources Inc. Daily Moving Average Convergence/Divergence (MACD) ChartAltai Resources Inc. 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 Altai Resources Inc.. The current adx is 31.34.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -3/(-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 Altai Resources Inc. shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bearish trend. The ADX is declining, the bearish trend is weakening. Could be a potential reversal to the upside. -2
Altai Resources Inc. 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 Altai Resources Inc.. The current sar is 0.08395189.

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
Altai Resources Inc. 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 Altai Resources Inc.. The current rsi is 40.87. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending up: The RSI is trending up. +1
Altai Resources Inc. Daily Relative Strength Index (RSI) ChartAltai Resources Inc. 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 Altai Resources Inc.. The current phase is Continuation in bear market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 3/(-6 +6).

  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Altai Resources Inc. price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Altai Resources Inc. Daily Stochastic Oscillator ChartAltai Resources Inc. 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 Altai Resources Inc.. The current cci is -112.41830065.

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
Altai Resources Inc. Daily Commodity Channel Index (CCI) ChartAltai Resources Inc. 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 Altai Resources Inc.. The current cmo is -19.50918366.

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
Altai Resources Inc. Daily Chande Momentum Oscillator (CMO) ChartAltai Resources Inc. 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 Altai Resources Inc.. The current willr is -50.

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

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Altai Resources Inc. is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Altai Resources Inc. Daily Williams %R ChartAltai Resources Inc. 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 Altai Resources Inc..

Altai Resources Inc. 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 Altai Resources Inc.. The current atr is 0.00169473.

Altai Resources Inc. Daily Average True Range (ATR) ChartAltai Resources Inc. 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 Altai Resources Inc.. The current obv is 1,948,600.

Altai Resources Inc. Daily On-Balance Volume (OBV) ChartAltai Resources Inc. 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 Altai Resources Inc.. The current mfi is 8.48072562.

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
Altai Resources Inc. Daily Money Flow Index (MFI) ChartAltai Resources Inc. Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Altai Resources Inc..

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
2023-11-10MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-13MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-14MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-27MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-29STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-30DMI 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
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-14MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-12-15MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-18DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-19MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-20MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-10WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-26SAR 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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-29ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-30RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-31ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-01MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-05CMO 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).
2024-02-06MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-12SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-16MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-22MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-05MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-11WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-19CCI 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).
2024-03-26DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-27RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).

6.3. Candlestick Patterns

Altai Resources Inc. Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5040.871
Ma 20Greater thanMa 500.059
Ma 50Greater thanMa 1000.060
Ma 100Greater thanMa 2000.056
OpenGreater thanClose0.055
Total1/5 (20.0%)
Penke

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