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De Grey Mining Ltd
Buy, Hold or Sell?

Let's analyse De Grey Mining Ltd together

PenkeI guess you are interested in De Grey Mining 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 De Grey Mining 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 De Grey Mining Ltd (30 sec.)










What can you expect buying and holding a share of De Grey Mining Ltd? (30 sec.)

How much money do you get?

How much money do you get?
$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
$0.37
Expected worth in 1 year
$0.52
How sure are you?
40.0%

+ What do you gain per year?

Total Gains per Share
$0.15
Return On Investment
19.7%

For what price can you sell your share?

Current Price per Share
$0.74
Expected price per share
$0.65 - $0.943
How sure are you?
50%

1. Valuation of De Grey Mining Ltd (5 min.)




Live pricePrice per Share (EOD)

$0.74

Intrinsic Value Per Share

$-2.37 - $-2.82

Total Value Per Share

$-2.00 - $-2.44

2. Growth of De Grey Mining Ltd (5 min.)




Is De Grey Mining Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$700.8m$356.8m$201.6m36.1%

How much money is De Grey Mining Ltd making?

Current yearPrevious yearGrowGrow %
Making money-$6.9m-$4.4m-$2.4m-35.5%
Net Profit Margin-33,347.6%-25,889.1%--

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

3. Financial Health of De Grey Mining Ltd (5 min.)




4. Comparing to competitors in the Gold industry (5 min.)




  Industry Rankings (Gold)  


Richest
#68 / 493

Most Revenue
#192 / 493

Most Profit
#459 / 493

Most Efficient
#485 / 493

What can you expect buying and holding a share of De Grey Mining Ltd? (5 min.)

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

What can you expect buying and holding a share of De Grey Mining Ltd?

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

Speculation

The Price per Share of De Grey Mining Ltd is $0.7425. 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 De Grey Mining 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 De Grey Mining 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 $0.37. Based on the TTM, the Book Value Change Per Share is $0.04 per quarter. Based on the YOY, the Book Value Change Per Share is $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 $0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of De Grey Mining Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps0.00-0.5%0.00-0.4%0.00-0.2%0.00-0.2%0.00-0.1%
Usd Book Value Change Per Share0.000.0%0.044.9%0.022.4%0.022.4%0.011.7%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.000.0%0.044.9%0.022.4%0.022.4%0.011.7%
Usd Price Per Share0.84-0.86-0.73-0.61-0.43-
Price to Earnings Ratio-55.85--75.50--120.85--148.80--118.15-
Price-to-Total Gains Ratio-98.51--304.68-1,768.92-1,376.51-
Price to Book Ratio2.24-3.17-3.98-6.29-9.78-
Price-to-Total Gains Ratio-98.51--304.68-1,768.92-1,376.51-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.7425
Number of shares1346
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.040.02
Usd Total Gains Per Share0.040.02
Gains per Quarter (1346 shares)49.3124.41
Gains per Year (1346 shares)197.2597.64
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1019718709888
203953840195186
305925810293284
407897780391382
509869750488480
60118411720586578
70138113690683676
80157815660781774
90177517630879872
100197319600976970

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 Share0.04.00.00.0%0.012.00.00.0%0.020.00.00.0%2.028.00.06.7%2.028.00.06.7%
Book Value Change Per Share1.01.02.025.0%4.02.06.033.3%8.02.010.040.0%12.03.015.040.0%12.03.015.040.0%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.020.00.0%0.00.030.00.0%0.00.030.00.0%
Total Gains per Share1.01.02.025.0%4.02.06.033.3%8.02.010.040.0%12.03.015.040.0%12.03.015.040.0%

Fundamentals of De Grey Mining Ltd

About De Grey Mining Ltd

De Grey Mining Limited engages in the exploration of mineral properties in Australia. It primarily holds a 100% interest in the Mallina Gold project covering an area of approximately 1,500 square kilometers located in the Pilbara region of Western Australia. De Grey Mining Limited was incorporated in 2000 and is based in West Perth, Australia.

Fundamental data was last updated by Penke on 2024-05-16 02:06:06.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is fair priced.
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 De Grey Mining Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit De Grey Mining Ltd earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare De Grey Mining Ltd to the Gold industry mean.
  • A Net Profit Margin of -36,276.2% means that $-362.76 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of De Grey Mining Ltd:

  • The MRQ is -36,276.2%. The company is making a huge loss. -2
  • The TTM is -33,347.6%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-36,276.2%TTM-33,347.6%-2,928.6%
TTM-33,347.6%YOY-25,889.1%-7,458.5%
TTM-33,347.6%5Y-19,518.7%-13,828.9%
5Y-19,518.7%10Y-15,234.3%-4,284.4%
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ-36,276.2%-4.3%-36,271.9%
TTM-33,347.6%-4.3%-33,343.3%
YOY-25,889.1%-6.3%-25,882.8%
5Y-19,518.7%-16.9%-19,501.8%
10Y-15,234.3%-20.3%-15,214.0%
1.1.2. Return on Assets

Shows how efficient De Grey Mining Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare De Grey Mining Ltd to the Gold industry mean.
  • -1.0% Return on Assets means that De Grey Mining Ltd generated $-0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of De Grey Mining Ltd:

  • The MRQ is -1.0%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -1.3%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-1.0%TTM-1.3%+0.4%
TTM-1.3%YOY-1.2%-0.2%
TTM-1.3%5Y-1.6%+0.2%
5Y-1.6%10Y-7.7%+6.1%
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.0%-3.9%+2.9%
TTM-1.3%-3.8%+2.5%
YOY-1.2%-3.9%+2.7%
5Y-1.6%-6.5%+4.9%
10Y-7.7%-8.9%+1.2%
1.1.3. Return on Equity

Shows how efficient De Grey Mining Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare De Grey Mining Ltd to the Gold industry mean.
  • -1.0% Return on Equity means De Grey Mining Ltd generated $-0.01 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of De Grey Mining Ltd:

  • The MRQ is -1.0%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -1.4%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-1.0%TTM-1.4%+0.4%
TTM-1.4%YOY-1.2%-0.2%
TTM-1.4%5Y-1.7%+0.3%
5Y-1.7%10Y-11.0%+9.3%
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.0%-3.7%+2.7%
TTM-1.4%-3.4%+2.0%
YOY-1.2%-4.2%+3.0%
5Y-1.7%-6.8%+5.1%
10Y-11.0%-10.4%-0.6%

1.2. Operating Efficiency of De Grey Mining Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient De Grey Mining Ltd is operating .

  • Measures how much profit De Grey Mining 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 De Grey Mining Ltd to the Gold industry mean.
  • An Operating Margin of -60,136.7% means the company generated $-601.37  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of De Grey Mining Ltd:

  • The MRQ is -60,136.7%. The company is operating very inefficient. -2
  • The TTM is -42,728.2%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-60,136.7%TTM-42,728.2%-17,408.5%
TTM-42,728.2%YOY-29,067.0%-13,661.2%
TTM-42,728.2%5Y-22,514.3%-20,213.9%
5Y-22,514.3%10Y-17,140.1%-5,374.2%
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ-60,136.7%-8.1%-60,128.6%
TTM-42,728.2%-0.2%-42,728.0%
YOY-29,067.0%-0.1%-29,066.9%
5Y-22,514.3%-9.9%-22,504.4%
10Y-17,140.1%-20.5%-17,119.6%
1.2.2. Operating Ratio

Measures how efficient De Grey Mining Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Gold industry mean).
  • An Operation Ratio of 500.36 means that the operating costs are $500.36 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of De Grey Mining Ltd:

  • The MRQ is 500.357. The company is inefficient in keeping operating costs low. -1
  • The TTM is 378.656. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ500.357TTM378.656+121.701
TTM378.656YOY255.965+122.691
TTM378.6565Y201.910+176.746
5Y201.91010Y156.246+45.664
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ500.3571.454+498.903
TTM378.6561.432+377.224
YOY255.9651.260+254.705
5Y201.9101.384+200.526
10Y156.2461.388+154.858

1.3. Liquidity of De Grey Mining Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if De Grey Mining Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Gold industry mean).
  • A Current Ratio of 28.77 means the company has $28.77 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of De Grey Mining Ltd:

  • The MRQ is 28.768. The company is very able to pay all its short-term debts. +2
  • The TTM is 16.626. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ28.768TTM16.626+12.142
TTM16.626YOY13.849+2.777
TTM16.6265Y11.632+4.993
5Y11.63210Y8.710+2.923
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ28.7682.360+26.408
TTM16.6262.540+14.086
YOY13.8493.134+10.715
5Y11.6324.022+7.610
10Y8.7104.709+4.001
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare De Grey Mining Ltd to the Gold industry mean.
  • A Quick Ratio of 28.60 means the company can pay off $28.60 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of De Grey Mining Ltd:

  • The MRQ is 28.596. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 15.399. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ28.596TTM15.399+13.197
TTM15.399YOY13.723+1.676
TTM15.3995Y8.615+6.784
5Y8.61510Y5.835+2.781
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ28.5960.785+27.811
TTM15.3991.123+14.276
YOY13.7231.655+12.068
5Y8.6152.209+6.406
10Y5.8352.495+3.340

1.4. Solvency of De Grey Mining Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of De Grey Mining Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare De Grey Mining Ltd to Gold industry mean.
  • A Debt to Asset Ratio of 0.02 means that De Grey Mining Ltd assets are financed with 2.2% credit (debt) and the remaining percentage (100% - 2.2%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of De Grey Mining Ltd:

  • The MRQ is 0.022. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.044. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.022TTM0.044-0.022
TTM0.044YOY0.050-0.006
TTM0.0445Y0.089-0.045
5Y0.08910Y0.181-0.092
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0220.201-0.179
TTM0.0440.195-0.151
YOY0.0500.175-0.125
5Y0.0890.218-0.129
10Y0.1810.254-0.073
1.4.2. Debt to Equity Ratio

Measures if De Grey Mining Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare De Grey Mining Ltd to the Gold industry mean.
  • A Debt to Equity ratio of 2.2% 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 De Grey Mining Ltd:

  • The MRQ is 0.022. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.047. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.022TTM0.047-0.024
TTM0.047YOY0.053-0.007
TTM0.0475Y0.122-0.076
5Y0.12210Y0.317-0.195
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0220.202-0.180
TTM0.0470.209-0.162
YOY0.0530.193-0.140
5Y0.1220.251-0.129
10Y0.3170.290+0.027

2. Market Valuation of De Grey Mining 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 De Grey Mining Ltd generates.

  • Above 15 is considered overpriced but always compare De Grey Mining Ltd to the Gold industry mean.
  • A PE ratio of -55.85 means the investor is paying $-55.85 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of De Grey Mining Ltd:

  • The EOD is -49.667. Based on the earnings, the company is expensive. -2
  • The MRQ is -55.854. Based on the earnings, the company is expensive. -2
  • The TTM is -75.502. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-49.667MRQ-55.854+6.187
MRQ-55.854TTM-75.502+19.648
TTM-75.502YOY-120.851+45.349
TTM-75.5025Y-148.799+73.297
5Y-148.79910Y-118.155-30.644
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
EOD-49.667-3.745-45.922
MRQ-55.854-3.775-52.079
TTM-75.502-4.843-70.659
YOY-120.851-6.423-114.428
5Y-148.799-9.359-139.440
10Y-118.155-9.635-108.520
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of De Grey Mining Ltd:

  • The EOD is -5.740. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -6.455. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -13.121. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-5.740MRQ-6.455+0.715
MRQ-6.455TTM-13.121+6.666
TTM-13.121YOY-6.643-6.478
TTM-13.1215Y-7.455-5.666
5Y-7.45510Y-4.970-2.485
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
EOD-5.740-4.260-1.480
MRQ-6.455-4.404-2.051
TTM-13.121-4.950-8.171
YOY-6.643-6.536-0.107
5Y-7.455-11.470+4.015
10Y-4.970-13.273+8.303
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of De Grey Mining Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Gold industry mean).
  • A PB ratio of 2.24 means the investor is paying $2.24 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of De Grey Mining Ltd:

  • The EOD is 1.990. Based on the equity, the company is underpriced. +1
  • The MRQ is 2.238. Based on the equity, the company is underpriced. +1
  • The TTM is 3.171. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD1.990MRQ2.238-0.248
MRQ2.238TTM3.171-0.933
TTM3.171YOY3.976-0.805
TTM3.1715Y6.286-3.115
5Y6.28610Y9.784-3.498
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
EOD1.9901.241+0.749
MRQ2.2381.208+1.030
TTM3.1711.262+1.909
YOY3.9761.701+2.275
5Y6.2862.604+3.682
10Y9.7842.634+7.150
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of De Grey Mining 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---0.037-100%0.018-100%0.018-100%0.012-100%
Book Value Per Share--0.3730.297+26%0.190+96%0.133+181%0.090+315%
Current Ratio--28.76816.626+73%13.849+108%11.632+147%8.710+230%
Debt To Asset Ratio--0.0220.044-50%0.050-56%0.089-75%0.181-88%
Debt To Equity Ratio--0.0220.047-52%0.053-58%0.122-82%0.317-93%
Dividend Per Share----0%-0%-0%-0%
Eps---0.004-0.003-21%-0.002-57%-0.001-65%-0.001-73%
Free Cash Flow Per Share---0.032-0.020-39%-0.023-29%-0.018-46%-0.018-46%
Free Cash Flow To Equity Per Share--0.1220.038+221%0.016+687%0.021+495%0.021+495%
Gross Profit Margin--2.1721.893+15%1.529+42%1.284+69%1.190+83%
Intrinsic Value_10Y_max---2.816--------
Intrinsic Value_10Y_min---2.370--------
Intrinsic Value_1Y_max---0.118--------
Intrinsic Value_1Y_min---0.116--------
Intrinsic Value_3Y_max---0.479--------
Intrinsic Value_3Y_min---0.455--------
Intrinsic Value_5Y_max---0.992--------
Intrinsic Value_5Y_min---0.910--------
Market Cap1394890200.000-12%1568664400.0001608585500.000-2%1375164480.000+14%1143659672.800+37%815930924.800+92%
Net Profit Margin---362.762-333.476-8%-258.891-29%-195.187-46%-152.343-58%
Operating Margin---601.367-427.282-29%-290.670-52%-225.143-63%-171.401-71%
Operating Ratio--500.357378.656+32%255.965+95%201.910+148%156.246+220%
Pb Ratio1.990-12%2.2383.171-29%3.976-44%6.286-64%9.784-77%
Pe Ratio-49.667+11%-55.854-75.502+35%-120.851+116%-148.799+166%-118.155+112%
Price Per Share0.743-12%0.8350.856-2%0.732+14%0.609+37%0.434+92%
Price To Free Cash Flow Ratio-5.740+11%-6.455-13.121+103%-6.643+3%-7.455+15%-4.970-23%
Quick Ratio--28.59615.399+86%13.723+108%8.615+232%5.835+390%
Return On Assets---0.010-0.013+37%-0.012+21%-0.016+62%-0.077+682%
Return On Equity---0.010-0.014+42%-0.012+25%-0.017+74%-0.110+1002%
Total Gains Per Share---0.037-100%0.018-100%0.018-100%0.012-100%
Usd Book Value--700874715.000558465827.000+26%356853925.000+96%249136873.100+181%168694075.333+315%
Usd Book Value Change Per Share---0.037-100%0.018-100%0.018-100%0.012-100%
Usd Book Value Per Share--0.3730.297+26%0.190+96%0.133+181%0.090+315%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.004-0.003-21%-0.002-57%-0.001-65%-0.001-73%
Usd Free Cash Flow---60754258.000-37312576.750-39%-32196779.000-47%-21426995.450-65%-14284663.633-76%
Usd Free Cash Flow Per Share---0.032-0.020-39%-0.023-29%-0.018-46%-0.018-46%
Usd Free Cash Flow To Equity Per Share--0.1220.038+221%0.016+687%0.021+495%0.021+495%
Usd Market Cap1394890200.000-12%1568664400.0001608585500.000-2%1375164480.000+14%1143659672.800+37%815930924.800+92%
Usd Price Per Share0.743-12%0.8350.856-2%0.732+14%0.609+37%0.434+92%
Usd Profit---7021261.000-6968430.500-1%-4495593.750-36%-3467757.800-51%-2529987.607-64%
Usd Revenue--19355.000213288.000-91%12555.000+54%135694.900-86%99305.317-81%
Usd Total Gains Per Share---0.037-100%0.018-100%0.018-100%0.012-100%
 EOD+2 -5MRQTTM+14 -19YOY+17 -165Y+16 -1710Y+17 -16

3.2. Fundamental Score

Let's check the fundamental score of De Grey Mining Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-49.667
Price to Book Ratio (EOD)Between0-11.990
Net Profit Margin (MRQ)Greater than0-362.762
Operating Margin (MRQ)Greater than0-601.367
Quick Ratio (MRQ)Greater than128.596
Current Ratio (MRQ)Greater than128.768
Debt to Asset Ratio (MRQ)Less than10.022
Debt to Equity Ratio (MRQ)Less than10.022
Return on Equity (MRQ)Greater than0.15-0.010
Return on Assets (MRQ)Greater than0.05-0.010
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of De Grey Mining Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5038.613
Ma 20Greater thanMa 500.804
Ma 50Greater thanMa 1000.831
Ma 100Greater thanMa 2000.823
OpenGreater thanClose0.780
Total2/5 (40.0%)



Latest Balance Sheet

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

Summary
Total Assets716,546
Total Liabilities15,671
Total Stockholder Equity700,875
 As reported
Total Liabilities 15,671
Total Stockholder Equity+ 700,875
Total Assets = 716,546

Assets

Total Assets716,546
Total Current Assets349,575
Long-term Assets366,971
Total Current Assets
Cash And Cash Equivalents 342,729
Net Receivables 4,758
Inventory 108
Other Current Assets 1,980
Total Current Assets  (as reported)349,575
Total Current Assets  (calculated)349,575
+/-0
Long-term Assets
Property Plant Equipment 11,018
Long-term Assets Other 349,252
Long-term Assets  (as reported)366,971
Long-term Assets  (calculated)360,269
+/- 6,702

Liabilities & Shareholders' Equity

Total Current Liabilities12,151
Long-term Liabilities3,520
Total Stockholder Equity700,875
Total Current Liabilities
Short-term Debt 713
Accounts payable 4,699
Other Current Liabilities 6,740
Total Current Liabilities  (as reported)12,151
Total Current Liabilities  (calculated)12,151
+/-0
Long-term Liabilities
Long-term Liabilities  (as reported)3,520
Long-term Liabilities  (calculated)0
+/- 3,520
Total Stockholder Equity
Common Stock798,122
Retained Earnings -98,157
Accumulated Other Comprehensive Income 909
Total Stockholder Equity (as reported)700,875
Total Stockholder Equity (calculated)700,875
+/-0
Other
Cash and Short Term Investments 342,729
Common Stock Shares Outstanding 1,781,275
Liabilities and Stockholders Equity 716,546
Net Debt -341,013
Short Long Term Debt Total 1,716



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302015-06-302014-06-302013-06-302012-06-302011-06-302010-06-302009-06-302008-06-302007-06-302006-06-302005-06-302004-06-302003-06-30
> Total Assets 
7,924
11,567
11,502
5,068
7,868
6,404
3,090
2,632
1,585
2,564
374
719
369
1,264
1,938
1,938
2,200
2,200
7,966
7,966
24,329
24,329
33,028
33,028
33,630
33,630
48,470
48,470
0
79,765
0
181,111
0
196,904
0
303,385
311,608
311,608
436,195
436,195
445,602
445,602
716,546
716,546
716,546716,546445,602445,602436,195436,195311,608311,608303,3850196,9040181,111079,765048,47048,47033,63033,63033,02833,02824,32924,3297,9667,9662,2002,2001,9381,9381,2643697193742,5641,5852,6323,0906,4047,8685,06811,50211,5677,924
   > Total Current Assets 
1,880
3,943
4,056
4,649
5,997
4,015
2,897
2,488
1,462
2,484
303
594
264
1,238
1,009
1,009
1,162
1,162
6,324
6,324
1,455
1,455
5,683
5,683
2,111
2,111
8,135
8,135
28,671
28,671
105,168
105,168
73,585
73,585
124,948
124,948
66,960
66,960
163,657
163,657
116,586
116,586
349,575
349,575
349,575349,575116,586116,586163,657163,65766,96066,960124,948124,94873,58573,585105,168105,16828,67128,6718,1358,1352,1112,1115,6835,6831,4551,4556,3246,3241,1621,1621,0091,0091,2382645943032,4841,4622,4882,8974,0155,9974,6494,0563,9431,880
       Cash And Cash Equivalents 
1,813
3,819
3,480
4,542
5,865
3,888
2,862
2,389
1,376
2,418
237
553
242
1,208
956
956
1,007
1,007
6,153
6,153
1,148
1,148
5,504
5,504
1,335
1,335
7,947
7,947
0
28,153
0
103,952
0
70,950
0
123,110
63,494
63,494
161,705
161,705
112,705
112,705
342,729
342,729
342,729342,729112,705112,705161,705161,70563,49463,494123,110070,9500103,952028,15307,9477,9471,3351,3355,5045,5041,1481,1486,1536,1531,0071,0079569561,2082425532372,4181,3762,3892,8623,8885,8654,5423,4803,8191,813
       Net Receivables 
41
68
515
50
51
75
23
75
46
25
29
26
14
24
50
50
127
127
150
150
245
245
136
136
735
735
169
169
428
428
1,039
1,039
1,503
1,503
798
798
1,878
1,878
809
809
80
1,763
4,758
4,758
4,7584,7581,763808098091,8781,8787987981,5031,5031,0391,039428428169169735735136136245245150150127127505024142629254675237551505156841
       Other Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
16
11
11
2
2
29
29
2
2
5
5
2
2
110
110
7
7
776
776
1,309
1,309
1,000
1,000
3,621
0
1,980
1,980
1,9801,98003,6211,0001,0001,3091,3097767767711011022552229292211111600000000000000000
   > Long-term Assets 
6,044
7,624
7,446
419
1,871
2,389
194
143
123
79
71
125
106
26
0
0
0
1,039
0
0
0
22,874
0
0
0
31,520
0
40,335
0
51,095
0
75,943
0
123,320
0
178,437
244,647
244,647
272,538
272,538
329,017
329,017
366,971
366,971
366,971366,971329,017329,017272,538272,538244,647244,647178,4370123,320075,943051,095040,335031,52000022,8740001,0390002610612571791231431942,3891,8714197,4467,6246,044
       Property Plant Equipment 
6,044
7,624
7,446
368
353
340
194
143
123
79
71
50
31
26
929
929
1,039
1,039
1,642
1,642
22,674
22,674
27,216
27,216
31,404
31,404
40,126
1,447
50,893
50,893
75,821
4,279
123,208
123,208
178,359
10,266
244,622
10,659
272,522
10,605
320,373
320,373
360,269
11,018
11,018360,269320,373320,37310,605272,52210,659244,62210,266178,359123,208123,2084,27975,82150,89350,8931,44740,12631,40431,40427,21627,21622,67422,6741,6421,6421,0391,03992992926315071791231431943403533687,4467,6246,044
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
200
200
129
129
115
115
209
209
0
201
0
0
0
112
0
0
0
25
0
0
0
8,644
0
0
008,64400025000112000201020920911511512912920020000000000000000000000
       Other Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000000000000000000000000000000
> Total Liabilities 
141
695
1,060
1,083
971
478
305
495
243
277
292
116
88
190
506
506
1,024
1,024
629
629
14,733
14,733
13,528
13,528
14,016
14,016
2,250
2,250
0
4,533
0
5,573
0
21,267
0
12,631
23,466
23,466
10,628
10,628
29,545
29,545
15,671
15,671
15,67115,67129,54529,54510,62810,62823,46623,46612,631021,26705,57304,53302,2502,25014,01614,01613,52813,52814,73314,7336296291,0241,024506506190881162922772434953054789711,0831,060695141
   > Total Current Liabilities 
141
695
1,060
1,083
971
478
305
495
243
277
292
116
88
190
506
506
1,024
1,024
629
629
2,033
2,033
13,528
13,528
14,016
14,016
1,888
1,888
3,111
3,111
4,213
4,213
18,309
18,309
9,827
9,827
19,584
19,584
6,741
6,741
26,004
26,004
12,151
12,151
12,15112,15126,00426,0046,7416,74119,58419,5849,8279,82718,30918,3094,2134,2133,1113,1111,8881,88814,01614,01613,52813,5282,0332,0336296291,0241,024506506190881162922772434953054789711,0831,060695141
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
90
0
116
0
121
0
353
0
408
421
421
0
496
0
0
0
713
7130004960421421408035301210116090000000000000000000000000000
       Accounts payable 
41
280
100
337
122
160
33
45
74
123
150
24
62
141
506
506
942
942
629
629
1,260
1,260
783
783
1,155
908
1,767
1,767
2,799
2,799
3,893
3,893
15,951
15,951
7,866
7,866
16,803
16,803
4,877
4,877
14,355
14,355
4,699
4,699
4,6994,69914,35514,3554,8774,87716,80316,8037,8667,86615,95115,9513,8933,8932,7992,7991,7671,7679081,1557837831,2601,260629629942942506506141622415012374453316012233710028041
       Other Current Liabilities 
100
416
959
745
849
319
272
450
169
154
142
91
26
49
0
0
82
82
0
0
763
773
12,700
12,700
12,832
13,109
0
31
117
196
0
199
1,388
2,005
841
1,553
2,360
2,360
1,864
1,368
11,649
9,944
7,452
6,740
6,7407,4529,94411,6491,3681,8642,3602,3601,5538412,0051,388199019611731013,10912,83212,70012,70077376300828200492691142154169450272319849745959416100
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
12,700
0
0
0
0
0
362
0
1,422
0
1,360
0
2,958
0
2,804
3,882
3,882
3,887
3,887
3,541
3,541
3,520
3,520
3,5203,5203,5413,5413,8873,8873,8823,8822,80402,95801,36001,42203620000012,700000000000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
12,700
12,700
0
0
0
0
0
0
1,022
1,022
1,022
1,022
1,088
1,088
1,118
1,118
2,408
2,408
2,456
2,456
2,368
2,368
0
0
002,3682,3682,4562,4562,4082,4081,1181,1181,0881,0881,0221,0221,0221,02200000012,70012,70000000000000000000000
> Total Stockholder Equity
7,784
10,872
10,442
3,985
6,897
5,926
2,785
2,137
1,341
2,286
83
603
281
1,075
1,432
1,432
1,176
1,176
7,337
7,337
9,597
9,597
19,501
19,501
19,614
19,614
46,220
46,220
0
75,232
0
175,538
0
175,637
0
290,754
288,141
288,141
425,567
425,567
416,057
416,057
700,875
700,875
700,875700,875416,057416,057425,567425,567288,141288,141290,7540175,6370175,538075,232046,22046,22019,61419,61419,50119,5019,5979,5977,3377,3371,1761,1761,4321,4321,075281603832,2861,3412,1372,7855,9266,8973,98510,44210,8727,784
   Common Stock
9,172
15,740
23,535
30,030
37,584
37,782
38,656
38,656
39,939
42,198
43,550
44,230
44,344
45,838
47,414
47,414
49,108
49,108
58,648
58,648
59,465
59,465
70,500
70,500
70,788
70,788
99,745
99,745
130,713
130,713
234,352
234,352
235,892
235,892
355,720
355,720
356,707
356,707
503,090
503,090
503,076
503,076
798,122
798,122
798,122798,122503,076503,076503,090503,090356,707356,707355,720355,720235,892235,892234,352234,352130,713130,71399,74599,74570,78870,78870,50070,50059,46559,46558,64858,64849,10849,10847,41447,41445,83844,34444,23043,55042,19839,93938,65638,65637,78237,58430,03023,53515,7409,172
   Retained Earnings -98,157-98,157-91,136-91,136-79,575-79,575-72,131-72,131-67,586-67,586-61,594-61,594-59,756-59,756-56,344-56,344-54,308-54,308-52,589-52,589-52,141-52,141-50,579-50,579-51,822-51,822-48,103-48,103-46,153-46,153-44,884-44,297-43,923-44,188-40,398-38,955-36,941-36,292-33,820-32,271-26,175-13,093-4,868-1,388
   Capital Surplus 00000000000000000000000000000000000000000000
   Treasury Stock00000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
171
171
171
171
512
512
711
711
1,142
1,142
1,415
1,415
783
783
863
863
942
942
1,339
1,339
2,621
2,621
3,565
3,565
2,052
2,052
4,117
4,117
0
0
004,1174,1172,0522,0523,5653,5652,6212,6211,3391,3399429428638637837831,4151,4151,1421,14271171151251217117117117100000000000000



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue27
Cost of Revenue--
Gross Profit2727
 
Operating Income (+$)
Gross Profit27
Operating Expense-19,370
Operating Income-21,699-19,344
 
Operating Expense (+$)
Research Development-
Selling General Administrative18,776
Selling And Marketing Expenses595
Operating Expense19,37019,370
 
Net Interest Income (+$)
Interest Income4,020
Interest Expense-90
Other Finance Cost-34
Net Interest Income3,896
 
Pretax Income (+$)
Operating Income-21,699
Net Interest Income3,896
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-19,005-24,393
EBIT - interestExpense = -21,789
-19,005
-18,915
Interest Expense90
Earnings Before Interest and Taxes (EBIT)-21,699-18,915
Earnings Before Interest and Taxes (EBITDA)-19,344
 
After tax Income (+$)
Income Before Tax-19,005
Tax Provision-0
Net Income From Continuing Ops-19,005-19,005
Net Income-19,005
Net Income Applicable To Common Shares-19,005
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses21,726
Total Other Income/Expenses Net2,694-3,896
 

Technical Analysis of De Grey Mining 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 De Grey Mining Ltd. The general trend of De Grey Mining Ltd is BEARISH with 71.4% 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 De Grey Mining 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 (-71.4%) Bearish trend (71.4%)
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 De Grey Mining 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: 0.91 < 0.943 < 0.943.

The bearish price targets are: 0.715 > 0.705 > 0.65.

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De Grey Mining 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 De Grey Mining Ltd. The current mas is .

The long score for the Moving Averages is 2/14.
The longshort score for the Moving Averages is -10/(-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 lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher 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

De Grey Mining 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 De Grey Mining Ltd. The current macd is -0.02144965.

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 De Grey Mining Ltd price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for De Grey Mining Ltd. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the De Grey Mining Ltd price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
De Grey Mining Ltd Daily Moving Average Convergence/Divergence (MACD) ChartDe Grey Mining 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 De Grey Mining Ltd. The current adx is 23.78.

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

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell De Grey Mining Ltd shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bearish trend could be forming. -1
De Grey Mining 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 De Grey Mining Ltd. The current sar is 0.80120068.

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
De Grey Mining 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 De Grey Mining Ltd. The current rsi is 38.61. 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
De Grey Mining Ltd Daily Relative Strength Index (RSI) ChartDe Grey Mining 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 De Grey Mining Ltd. The current phase is Continuation in bear market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -4/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • 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 De Grey Mining Ltd price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
De Grey Mining Ltd Daily Stochastic Oscillator ChartDe Grey Mining 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 De Grey Mining Ltd. The current cci is -130.33940013.

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
De Grey Mining Ltd Daily Commodity Channel Index (CCI) ChartDe Grey Mining 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 De Grey Mining Ltd. The current cmo is -29.97357323.

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
De Grey Mining Ltd Daily Chande Momentum Oscillator (CMO) ChartDe Grey Mining 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 De Grey Mining Ltd. The current willr is -79.62962963.

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 De Grey Mining Ltd is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
De Grey Mining Ltd Daily Williams %R ChartDe Grey Mining 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 De Grey Mining Ltd.

De Grey Mining 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 De Grey Mining Ltd. The current atr is 0.03540927.

De Grey Mining Ltd Daily Average True Range (ATR) ChartDe Grey Mining 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 De Grey Mining Ltd. The current obv is 935,895.

De Grey Mining Ltd Daily On-Balance Volume (OBV) ChartDe Grey Mining 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 De Grey Mining Ltd. The current mfi is 25.23.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
De Grey Mining Ltd Daily Money Flow Index (MFI) ChartDe Grey Mining Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for De Grey Mining 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
2024-01-02DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-01-03DMI 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
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-04WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-08WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-09ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-17WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-19STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-22CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-24DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -D