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Desert MetalsĀ Ltd
Buy, Hold or Sell?

Let's analyze Desert MetalsĀ Ltd together

I guess you are interested in Desert MetalsĀ 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 Desert MetalsĀ 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.

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1. Quick Overview

1.1. Quick analysis of Desert MetalsĀ Ltd (30 sec.)










1.2. What can you expect buying and holding a share of Desert MetalsĀ Ltd? (30 sec.)

How much money do you get?

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

What is your share worth?

Current worth
A$0.02
Expected worth in 1 year
A$-0.02
How sure are you?
60.0%

+ What do you gain per year?

Total Gains per Share
A$-0.04
Return On Investment
-190.5%

For what price can you sell your share?

Current Price per Share
A$0.02
Expected price per share
A$0.018 - A$0.024
How sure are you?
50%
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2. Detailed Analysis

2.1. Valuation of Desert MetalsĀ Ltd (5 min.)




Live pricePrice per Share (EOD)
A$0.02
Intrinsic Value Per Share
A$-0.17 - A$-0.13
Total Value Per Share
A$-0.15 - A$-0.11

2.2. Growth of Desert MetalsĀ Ltd (5 min.)




Is Desert MetalsĀ Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$4m$5.8m-$1.7m-43.8%

How much money is Desert MetalsĀ Ltd making?

Current yearPrevious yearGrowGrow %
Making money-$6.2m-$448.9k-$5.8m-92.8%
Net Profit Margin-20,644.2%-3,121.7%--

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

2.3. Financial Health of Desert MetalsĀ Ltd (5 min.)




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




  Industry Rankings (Other Industrial Metals & Mining)  


Richest
#561 / 845

Most Revenue
#297 / 845

Most Profit
#734 / 845

Most Efficient
#813 / 845
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3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of Desert MetalsĀ Ltd?

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

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

Speculation

The Price per Share of Desert MetalsĀ Ltd is A$0.022. 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 Desert MetalsĀ 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 Desert MetalsĀ Ltd, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is A$0.02. Based on the TTM, the Book Value Change Per Share is A$-0.01 per quarter. Based on the YOY, the Book Value Change Per Share is A$0.01 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is A$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Desert MetalsĀ Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 A$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per Share
Usd Eps-0.02-106.3%-0.02-106.3%0.00-7.6%-0.01-26.7%-0.01-33.3%
Usd Book Value Change Per Share-0.01-30.3%-0.01-30.3%0.0018.4%0.0013.6%0.006.9%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share-0.01-30.3%-0.01-30.3%0.0018.4%0.0013.6%0.006.9%
Usd Price Per Share0.01-0.01-0.03-0.12-0.09-
Price to Earnings Ratio-0.54--0.54--20.82--50.21--28.28-
Price-to-Total Gains Ratio-1.91--1.91-8.65--386.16--254.01-
Price to Book Ratio0.84-0.84-1.60-8.15--19.77-
Price-to-Total Gains Ratio-1.91--1.91-8.65--386.16--254.01-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.0139832
Number of shares71514
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.010.00
Usd Total Gains Per Share-0.010.00
Gains per Quarter (71514 shares)-476.31213.76
Gains per Year (71514 shares)-1,905.22855.06
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-1905-19150855845
20-3810-3820017101700
30-5716-5725025652555
40-7621-7630034203410
50-9526-9535042754265
60-11431-11440051305120
70-13337-13345059855975
80-15242-15250068406830
90-17147-17155076967685
100-19052-19060085518540

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.01.00.00.0%0.03.00.00.0%0.05.00.00.0%0.010.00.00.0%0.010.00.00.0%
Book Value Change Per Share0.01.00.00.0%2.01.00.066.7%3.02.00.060.0%6.04.00.060.0%6.04.00.060.0%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.010.00.0%0.00.010.00.0%
Total Gains per Share0.01.00.00.0%2.01.00.066.7%3.02.00.060.0%6.04.00.060.0%6.04.00.060.0%
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3.2. Key Performance Indicators

The key performance indicators of Desert MetalsĀ 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---0.010-0.0100%0.006-265%0.005-323%0.002-538%
Book Value Per Share--0.0240.0240%0.034-30%0.026-6%0.019+26%
Current Ratio--7.2357.2350%7.369-2%15.253-53%12.917-44%
Debt To Asset Ratio--0.0560.0560%0.030+87%0.038+46%0.193-71%
Debt To Equity Ratio--0.0590.0590%0.031+92%0.040+49%0.100-41%
Dividend Per Share----0%-0%-0%-0%
Enterprise Value--7639708.0007639708.0000%16394910.000-53%63065883.250-88%54832879.429-86%
Eps---0.037-0.0370%-0.003-93%-0.009-75%-0.012-69%
Ev To Ebitda Ratio---6.008-6.0080%-29.606+393%-79.170+1218%infnan%
Ev To Sales Ratio--160.219160.2190%724.541-78%infnan%infnan%
Free Cash Flow Per Share---0.012-0.0120%-0.013+9%-0.009-23%-0.0120%
Free Cash Flow To Equity Per Share--0.0010.0010%-0.004+399%0.002-21%0.002-41%
Gross Profit Margin--1.0491.0490%1.045+0%1.040+1%1.062-1%
Intrinsic Value_10Y_max---0.130--------
Intrinsic Value_10Y_min---0.172--------
Intrinsic Value_1Y_max---0.010--------
Intrinsic Value_1Y_min---0.014--------
Intrinsic Value_3Y_max---0.032--------
Intrinsic Value_3Y_min---0.044--------
Intrinsic Value_5Y_max---0.057--------
Intrinsic Value_5Y_min---0.079--------
Market Cap5883372.000+9%5348520.0005348520.0000%14708430.000-64%48404106.000-89%38241918.000-86%
Net Profit Margin---206.442-206.4420%-31.217-85%-61.398-70%-33.769-84%
Operating Margin---203.315-203.3150%-25.566-87%-57.380-72%-28.690-86%
Operating Ratio--28.11828.1180%38.874-28%31.948-12%19.117+47%
Pb Ratio0.919+9%0.8360.8360%1.598-48%8.151-90%-19.768+2465%
Pe Ratio-0.598-10%-0.543-0.5430%-20.822+3732%-50.205+9140%-28.277+5104%
Price Per Share0.022+9%0.0200.0200%0.055-64%0.181-89%0.143-86%
Price To Free Cash Flow Ratio-1.877-10%-1.706-1.7060%-4.298+152%-20.169+1082%-12.119+610%
Price To Total Gains Ratio-2.099-10%-1.909-1.9090%8.652-122%-386.159+20132%-254.005+13208%
Quick Ratio--7.1467.1460%7.223-1%15.154-53%12.553-43%
Return On Assets---1.453-1.4530%-0.074-95%-0.364-75%-0.623-57%
Return On Equity---1.538-1.5380%-0.077-95%-0.384-75%-0.611-60%
Total Gains Per Share---0.010-0.0100%0.006-265%0.005-323%0.002-538%
Usd Book Value--4067720.5074067720.5070%5848860.480-30%4336236.337-6%3228662.023+26%
Usd Book Value Change Per Share---0.007-0.0070%0.004-265%0.003-323%0.002-538%
Usd Book Value Per Share--0.0150.0150%0.022-30%0.016-6%0.012+26%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Enterprise Value--4855798.4054855798.4050%10420604.796-53%40084675.394-88%34851778.165-86%
Usd Eps---0.023-0.0230%-0.002-93%-0.006-75%-0.007-69%
Usd Free Cash Flow---1992589.474-1992589.4740%-2175000.954+9%-1529535.044-23%-1983025.0930%
Usd Free Cash Flow Per Share---0.007-0.0070%-0.008+9%-0.006-23%-0.0070%
Usd Free Cash Flow To Equity Per Share--0.0010.0010%-0.002+399%0.001-21%0.001-41%
Usd Market Cap3739471.243+9%3399519.3123399519.3120%9348678.108-64%30765649.774-89%24306563.081-86%
Usd Price Per Share0.014+9%0.0130.0130%0.035-64%0.115-89%0.091-86%
Usd Profit---6256707.204-6256707.2040%-448971.314-93%-1571474.093-75%-1961928.512-69%
Usd Revenue--30307.31530307.3150%14382.357+111%9978.030+204%162486.564-81%
Usd Total Gains Per Share---0.007-0.0070%0.004-265%0.003-323%0.002-538%
 EOD+5 -3MRQTTM+0 -0YOY+11 -275Y+7 -3010Y+7 -29

3.3 Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-0.598
Price to Book Ratio (EOD)Between0-10.919
Net Profit Margin (MRQ)Greater than0-206.442
Operating Margin (MRQ)Greater than0-203.315
Quick Ratio (MRQ)Greater than17.146
Current Ratio (MRQ)Greater than17.235
Debt to Asset Ratio (MRQ)Less than10.056
Debt to Equity Ratio (MRQ)Less than10.059
Return on Equity (MRQ)Greater than0.15-1.538
Return on Assets (MRQ)Greater than0.05-1.453
Total5/10 (50.0%)

3.4 Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5041.263
Ma 20Greater thanMa 500.023
Ma 50Greater thanMa 1000.024
Ma 100Greater thanMa 2000.026
OpenGreater thanClose0.022
Total1/5 (20.0%)

4. In-depth Analysis

4.1 About Desert MetalsĀ Ltd

Desert Metals Limited engages in the exploration of mineral properties in Australia. The company primarily explores for gold, lithium, copper, nickel, zinc, lead, and rare earth and platinum group elements. Its flagship project is the Tengrela South Gold project comprising one granted permit covering an area of 285 square kilometers located near north CĆ“te d'Ivoire. The company also holds interest in the Adzope Gold project covering an area of approximately 230 square kilometers located in southern CĆ“te d'Ivoire; the Agboville Lithium project consists of three permit applications covering an area of approximately 1,000 square kilometers located in southern CĆ“te d'Ivoire; the Kounahiri and Kounahiri West Gold and Lithium projects covering an area of approximately 630 square kilometers located near the Birimian greenstone belt; the Vavouva and Vavouva West Gold projects covering an area of approximately 612 square kilometers located in CĆ“te d'Ivoire; and the Narryer project that includes nine granted exploration licenses covering an area of approximately 1,600 square kilometers located on the northwest margin of the Yilgarn Craton in Western Australia. In addition, it holds 60% interests in the Little Gap Well project, as well as the Mount Opal project located in the Meekatharra gold district. Further, it holds interests in the Innouendy, Opal Bore Gold, Irrida Hill Nickel, Irrida East, Breakaway, and Dingo Pass projects, as well as the Hooper and Belele prospects. The company was incorporated in 2017 and is based in Mount Hawthorn, Australia.

Fundamental data was last updated by Penke on 2025-02-16 09:20:05.

4.2 In-depth Summary

4.2.1. Financial Health Summary

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.

4.2.2. Valuation Summary

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

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

Measures how much net profitĀ Desert MetalsĀ Ltd earns for each $1 of revenue.

  • Above 10% is considered healthy but always compareĀ Desert MetalsĀ Ltd to theĀ Other Industrial Metals & Mining industry mean.
  • A Net Profit Margin of -20,644.2%Ā means thatĀ $-206.44 for each $1Ā in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Desert MetalsĀ Ltd:

  • The MRQ is -20,644.2%. The company is making a huge loss. -2
  • The TTM is -20,644.2%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-20,644.2%TTM-20,644.2%0.0%
TTM-20,644.2%YOY-3,121.7%-17,522.5%
TTM-20,644.2%5Y-6,139.8%-14,504.4%
5Y-6,139.8%10Y-3,376.9%-2,762.9%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-20,644.2%-12.0%-20,632.2%
TTM-20,644.2%-7.6%-20,636.6%
YOY-3,121.7%-84.1%-3,037.6%
5Y-6,139.8%-210.1%-5,929.7%
10Y-3,376.9%-728.1%-2,648.8%
4.3.1.2. Return on Assets

Shows howĀ efficientĀ Desert MetalsĀ Ltd is using its assets to generate profit.

  • Above 5% is considered healthyĀ but always compareĀ Desert MetalsĀ Ltd to theĀ Other Industrial Metals & Mining industry mean.
  • -145.3% Return on Assets means thatĀ Desert MetalsĀ Ltd generatedĀ $-1.45 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Desert MetalsĀ Ltd:

  • The MRQ is -145.3%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -145.3%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-145.3%TTM-145.3%0.0%
TTM-145.3%YOY-7.4%-137.8%
TTM-145.3%5Y-36.4%-108.9%
5Y-36.4%10Y-62.3%+25.9%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-145.3%-6.6%-138.7%
TTM-145.3%-6.9%-138.4%
YOY-7.4%-7.0%-0.4%
5Y-36.4%-9.3%-27.1%
10Y-62.3%-15.7%-46.6%
4.3.1.3. Return on Equity

Shows how efficient Desert MetalsĀ Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compareĀ Desert MetalsĀ Ltd to theĀ Other Industrial Metals & Mining industry mean.
  • -153.8% Return on Equity means Desert MetalsĀ Ltd generated $-1.54Ā for eachĀ $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Desert MetalsĀ Ltd:

  • The MRQ is -153.8%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -153.8%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-153.8%TTM-153.8%0.0%
TTM-153.8%YOY-7.7%-146.1%
TTM-153.8%5Y-38.4%-115.4%
5Y-38.4%10Y-61.1%+22.7%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-153.8%-7.1%-146.7%
TTM-153.8%-7.7%-146.1%
YOY-7.7%-7.8%+0.1%
5Y-38.4%-10.0%-28.4%
10Y-61.1%-15.6%-45.5%
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4.3.2. Operating Efficiency of Desert MetalsĀ Ltd.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

MeasuresĀ how efficient Desert MetalsĀ Ltd is operatingĀ .

  • Measures how much profit Desert MetalsĀ 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 compareĀ Desert MetalsĀ Ltd to theĀ Other Industrial Metals & Mining industry mean.
  • An Operating Margin of -20,331.5%Ā means the company generated $-203.32 Ā for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Desert MetalsĀ Ltd:

  • The MRQ is -20,331.5%. The company is operating very inefficient. -2
  • The TTM is -20,331.5%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-20,331.5%TTM-20,331.5%0.0%
TTM-20,331.5%YOY-2,556.6%-17,774.9%
TTM-20,331.5%5Y-5,738.0%-14,593.5%
5Y-5,738.0%10Y-2,869.0%-2,869.0%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-20,331.5%-122.5%-20,209.0%
TTM-20,331.5%-57.5%-20,274.0%
YOY-2,556.6%-77.7%-2,478.9%
5Y-5,738.0%-365.4%-5,372.6%
10Y-2,869.0%-706.2%-2,162.8%
4.3.2.2. Operating Ratio

Measures how efficient Desert MetalsĀ Ltd is keepingĀ operating costsĀ low.

  • Below 1 is considered healthy (always compare toĀ Other Industrial Metals & Mining industry mean).
  • An Operation Ratio of 28.12 means that the operating costs are $28.12 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Desert MetalsĀ Ltd:

  • The MRQ is 28.118. The company is inefficient in keeping operating costs low. -1
  • The TTM is 28.118. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ28.118TTM28.1180.000
TTM28.118YOY38.874-10.756
TTM28.1185Y31.948-3.830
5Y31.94810Y19.117+12.832
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ28.1181.700+26.418
TTM28.1181.670+26.448
YOY38.8742.094+36.780
5Y31.9485.396+26.552
10Y19.1179.527+9.590
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4.4.3. Liquidity of Desert MetalsĀ Ltd.

4.4.3. Liquidity
4.4.3.1. Current Ratio

Measures if Desert MetalsĀ Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare toĀ Other Industrial Metals & Mining industry mean).
  • A Current Ratio of 7.23Ā means the company has $7.23 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Desert MetalsĀ Ltd:

  • The MRQ is 7.235. The company is very able to pay all its short-term debts. +2
  • The TTM is 7.235. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ7.235TTM7.2350.000
TTM7.235YOY7.369-0.134
TTM7.2355Y15.253-8.018
5Y15.25310Y12.917+2.336
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ7.2351.824+5.411
TTM7.2351.971+5.264
YOY7.3692.630+4.739
5Y15.2533.886+11.367
10Y12.9174.507+8.410
4.4.3.2. Quick Ratio

Measures if Desert MetalsĀ Ltd is able to pay off Short-term Debt but only usingĀ theĀ most liquid assets.

  • Above 1 is considered healthy butĀ always compareĀ Desert MetalsĀ Ltd to theĀ Other Industrial Metals & Mining industry mean.
  • A Quick Ratio of 7.15Ā means the company can pay off $7.15 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Desert MetalsĀ Ltd:

  • The MRQ is 7.146. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 7.146. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ7.146TTM7.1460.000
TTM7.146YOY7.223-0.076
TTM7.1465Y15.154-8.008
5Y15.15410Y12.553+2.602
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ7.1460.819+6.327
TTM7.1461.027+6.119
YOY7.2231.710+5.513
5Y15.1542.392+12.762
10Y12.5533.281+9.272
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4.5.4. Solvency of Desert MetalsĀ Ltd.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much %Ā of Desert MetalsĀ LtdĀ assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compareĀ Desert MetalsĀ Ltd to Other Industrial Metals & Mining industry mean.
  • A Debt to Asset Ratio of 0.06Ā means that Desert MetalsĀ Ltd assets areĀ financed with 5.6% credit (debt) and the remaining percentage (100% - 5.6%)Ā is financed by its owners/shareholders.Ā 

Let's take a look of the Debt to Asset Ratio trends of Desert MetalsĀ Ltd:

  • The MRQ is 0.056. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.056. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.056TTM0.0560.000
TTM0.056YOY0.030+0.026
TTM0.0565Y0.038+0.018
5Y0.03810Y0.193-0.155
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0560.204-0.148
TTM0.0560.204-0.148
YOY0.0300.186-0.156
5Y0.0380.226-0.188
10Y0.1930.259-0.066
4.5.4.2. Debt to Equity Ratio

Measures ifĀ Desert MetalsĀ Ltd is able toĀ pay off its debts by usingĀ shareholders equity.

  • Below 2 is considered healthy butĀ always compareĀ Desert MetalsĀ Ltd to theĀ Other Industrial Metals & Mining industry mean.
  • A Debt to Equity ratio of 5.9% means that company has $0.06 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Desert MetalsĀ Ltd:

  • The MRQ is 0.059. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.059. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.059TTM0.0590.000
TTM0.059YOY0.031+0.028
TTM0.0595Y0.040+0.019
5Y0.04010Y0.100-0.060
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0590.198-0.139
TTM0.0590.198-0.139
YOY0.0310.204-0.173
5Y0.0400.231-0.191
10Y0.1000.292-0.192
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4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

MeasuresĀ how much money you payĀ for each share forĀ every $1 in earnings Desert MetalsĀ Ltd generates.

  • Above 15 is considered overpriced butĀ always compareĀ Desert MetalsĀ Ltd to theĀ Other Industrial Metals & Mining industry mean.
  • A PE ratio of -0.54 means the investor is paying $-0.54Ā for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Desert MetalsĀ Ltd:

  • The EOD is -0.598. Based on the earnings, the company is expensive. -2
  • The MRQ is -0.543. Based on the earnings, the company is expensive. -2
  • The TTM is -0.543. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-0.598MRQ-0.543-0.054
MRQ-0.543TTM-0.5430.000
TTM-0.543YOY-20.822+20.279
TTM-0.5435Y-50.205+49.662
5Y-50.20510Y-28.277-21.928
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-0.598-3.488+2.890
MRQ-0.543-4.231+3.688
TTM-0.543-4.641+4.098
YOY-20.822-7.322-13.500
5Y-50.205-10.519-39.686
10Y-28.277-11.570-16.707
4.6.2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -1.877. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -1.706. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -1.706. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-1.877MRQ-1.706-0.171
MRQ-1.706TTM-1.7060.000
TTM-1.706YOY-4.298+2.592
TTM-1.7065Y-20.169+18.463
5Y-20.16910Y-12.119-8.050
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-1.877-4.694+2.817
MRQ-1.706-5.189+3.483
TTM-1.706-5.547+3.841
YOY-4.298-7.420+3.122
5Y-20.169-11.920-8.249
10Y-12.119-14.408+2.289
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4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

Measures if the stock price ofĀ Desert MetalsĀ Ltd is to cheap or to expensiveĀ compared to its book value.

  • At or below 1 is considered healthyĀ (always compare to Other Industrial Metals & Mining industry mean).
  • A PB ratio of 0.84 means the investor is paying $0.84Ā for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Desert MetalsĀ Ltd:

  • The EOD is 0.919. Based on the equity, the company is cheap. +2
  • The MRQ is 0.836. Based on the equity, the company is cheap. +2
  • The TTM is 0.836. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.919MRQ0.836+0.084
MRQ0.836TTM0.8360.000
TTM0.836YOY1.598-0.763
TTM0.8365Y8.151-7.315
5Y8.15110Y-19.768+27.919
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD0.9191.171-0.252
MRQ0.8361.306-0.470
TTM0.8361.333-0.497
YOY1.5981.821-0.223
5Y8.1512.498+5.653
10Y-19.7683.007-22.775
4.6.2. Total Gains per Share

4.7 Holders & Insider Transactions

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

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5. Financial Statements




5.1. Reversals in quarterly reports

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

 2020-06-302021-06-302022-06-302023-06-302024-06-30
Gross Profit  0-9-9-14-2321-25048



5.2. Latest Balance Sheet

Balance Sheet of 2024-06-30. Currency in AUD. All numbers in thousands.

Summary
Total Assets6,777
Total Liabilities377
Total Stockholder Equity6,400
 As reported
Total Liabilities 377
Total Stockholder Equity+ 6,400
Total Assets = 6,777

Assets

Total Assets6,777
Total Current Assets2,727
Long-term Assets4,049
Total Current Assets
Cash And Cash Equivalents 2,668
Net Receivables 26
Other Current Assets 33
Total Current Assets  (as reported)2,727
Total Current Assets  (calculated)2,727
+/-0
Long-term Assets
Property Plant Equipment 4,049
Long-term Assets  (as reported)4,049
Long-term Assets  (calculated)4,049
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities377
Long-term Liabilities0
Total Stockholder Equity6,400
Total Current Liabilities
Accounts payable 244
Other Current Liabilities 133
Total Current Liabilities  (as reported)377
Total Current Liabilities  (calculated)377
+/-0
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Common Stock17,520
Retained Earnings -11,771
Accumulated Other Comprehensive Income 651
Total Stockholder Equity (as reported)6,400
Total Stockholder Equity (calculated)6,400
+/-0
Other
Capital Stock17,520
Cash and Short Term Investments 2,668
Common Stock Shares Outstanding 243,325
Liabilities and Stockholders Equity 6,777
Net Debt -2,668
Net Invested Capital 6,400
Net Working Capital 2,350
Property Plant and Equipment Gross 4,134



5.3. Balance Sheets Structured

Currency in AUD. All numbers in thousands.

 Trend2024-06-302023-06-302022-06-302021-06-302020-06-302019-06-302018-06-302017-06-302016-06-302015-06-30
> Total Assets 
4,787
9,773
10,839
9
115
5,746
5,723
7,686
9,485
6,777
6,7779,4857,6865,7235,746115910,8399,7734,787
   > Total Current Assets 
4,780
9,269
10,273
9
115
5,746
3,818
3,154
2,082
2,727
2,7272,0823,1543,8185,746115910,2739,2694,780
       Cash And Cash Equivalents 
132
1,265
3,479
9
114
5,744
3,710
3,014
1,969
2,668
2,6681,9693,0143,7105,74411493,4791,265132
       Net Receivables 
4,623
7,712
6,507
0
1
2
93
103
71
26
2671103932106,5077,7124,623
       Other Current Assets 
25
292
287
0
1
2
15
37
29
33
3329371521028729225
   > Long-term Assets 
0
0
0
0
0
137
1,905
4,532
7,403
4,049
4,0497,4034,5321,90513700000
       Property Plant Equipment 
7
5
66
0
0
137
1,905
4,532
118
4,049
4,0491184,5321,905137006657
       Long Term Investments 
0
500
500
0
0
0
0
0
0
0
00000005005000
> Total Liabilities 
5,287
1,909
1,637
2
3
188
274
184
283
377
377283184274188321,6371,9095,287
   > Total Current Liabilities 
5,287
1,909
1,637
2
3
188
274
184
283
377
377283184274188321,6371,9095,287
       Short-term Debt 
4,523
1,000
672
0
0
0
0
0
0
0
00000006721,0004,523
       Short Long Term Debt 
4,523
1,000
672
0
0
0
0
0
0
0
00000006721,0004,523
       Accounts payable 
582
101
232
1
1
188
262
172
268
244
24426817226218811232101582
       Other Current Liabilities 
26
369
204
2
3
0
12
12
15
133
13315121203220436926
   > Long-term Liabilities 0000000000
> Total Stockholder Equity
-500
7,865
9,202
7
112
5,559
5,449
7,502
9,202
6,400
6,4009,2027,5025,4495,55911279,2027,865-500
   Common Stock
6,107
22,410
28,925
15
265
5,559
6,102
8,640
10,838
17,520
17,52010,8388,6406,1025,5592651528,92522,4106,107
   Retained Earnings -11,771-2,568-1,862-1,295-94-153-8-20,797-15,365-6,611
   Capital Surplus 0000000000
   Treasury Stock0000000000
   Other Stockholders Equity 
4
820
1,074
0
0
94
641
724
932
0
093272464194001,0748204



5.4. Balance Sheets

Currency in AUD. All numbers in thousands.




5.5. Cash Flows

Currency in AUD. All numbers in thousands.




5.6. Income Statements

Currency in AUD. All numbers in thousands.


5.7. Latest Income Statement

Income Statement (annual), 2024-06-30. Currency in AUD. All numbers in thousands.

Gross Profit (+$)
totalRevenue48
Cost of Revenue-21
Gross Profit4826
 
Operating Income (+$)
Gross Profit48
Operating Expense-1,319
Operating Income-1,272-1,272
 
Operating Expense (+$)
Research Development0
Selling General Administrative833
Selling And Marketing Expenses486
Operating Expense1,3191,319
 
Net Interest Income (+$)
Interest Income0
Interest Expense-0
Other Finance Cost-0
Net Interest Income0
 
Pretax Income (+$)
Operating Income-1,272
Net Interest Income0
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-9,8447,301
EBIT - interestExpense = -9,695
-18,267
-9,844
Interest Expense0
Earnings Before Interest and Taxes (EBIT)-9,695-9,844
Earnings Before Interest and Taxes (EBITDA)-1,272
 
After tax Income (+$)
Income Before Tax-9,844
Tax Provision-0
Net Income From Continuing Ops-9,844-9,844
Net Income-9,844
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses1,319
Total Other Income/Expenses Net-8,5720
 

Technical Analysis of Desert MetalsĀ 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 Desert MetalsĀ Ltd. The general trend of Desert MetalsĀ 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 Desert MetalsĀ 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.

SupportĀ is a price level at which demand for an asset is strong enough to prevent the price from falling further.
ResistanceĀ 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 Desert MetalsĀ Ltd.

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

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

The bullish price targets are: 0.024 < 0.024 < 0.024.

The bearish price targets are: 0.02 > 0.018.

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Desert MetalsĀ Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows theĀ moving averageĀ of the selected period.

  • Moving averages are laggingĀ 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 Desert MetalsĀ 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 lower 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 higher 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

Desert MetalsĀ Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows theĀ momentumĀ of theĀ selected period based on two moving averages.

  • MACD is aĀ lagging momentumĀ 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 Desert MetalsĀ Ltd. The current macd is -0.0006419.

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 Desert MetalsĀ 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 Desert MetalsĀ 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 Desert MetalsĀ 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
Desert MetalsĀ Ltd Daily Moving Average Convergence/Divergence (MACD) ChartDesert MetalsĀ 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 Desert MetalsĀ Ltd. The current adx is 18.29.

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 Desert MetalsĀ 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
Desert MetalsĀ 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.
  • ShowsĀ the current trend.
  • ShowsĀ potential entry signals.
  • ShowsĀ Ā potential exit signals.
  • Can be used to placeĀ trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Desert MetalsĀ Ltd. The current sar is 0.02570905.

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
Desert MetalsĀ Ltd Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentumĀ indicator, meaning the signals are instant.
  • RangesĀ 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 Desert MetalsĀ Ltd. The current rsi is 41.26. 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 -3/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
Desert MetalsĀ Ltd Daily Relative Strength Index (RSI) ChartDesert MetalsĀ Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

ComparesĀ a certain price to multiple prices ranging over time.

  • LeadingĀ momentumĀ indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • RangesĀ 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 Desert MetalsĀ 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 -3/(-6 +6).

  • 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 Desert MetalsĀ Ltd price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Desert MetalsĀ Ltd Daily Stochastic Oscillator ChartDesert MetalsĀ 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,Ā 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 Desert MetalsĀ Ltd. The current cci is -91.04938272.

Desert MetalsĀ Ltd Daily Commodity Channel Index (CCI) ChartDesert MetalsĀ 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 Desert MetalsĀ Ltd. The current cmo is -24.04012384.

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
Desert MetalsĀ Ltd Daily Chande Momentum Oscillator (CMO) ChartDesert MetalsĀ Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

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

  • Lagging momentum indicator
  • Ranging between 0 andĀ -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 Desert MetalsĀ Ltd. 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 Desert MetalsĀ Ltd is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Desert MetalsĀ Ltd Daily Williams %R ChartDesert MetalsĀ Ltd Daily Williams %R Chart
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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 oversoldĀ 

Score

Let's take a look at the Bollinger Bands of Desert MetalsĀ Ltd.

Desert MetalsĀ 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 Desert MetalsĀ Ltd. The current atr is 0.00106136.

Desert MetalsĀ Ltd Daily Average True Range (ATR) ChartDesert MetalsĀ Ltd Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

Ā 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 Desert MetalsĀ Ltd. The current obv is -20,018,967.

Desert MetalsĀ Ltd Daily On-Balance Volume (OBV) ChartDesert MetalsĀ 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 Desert MetalsĀ Ltd. The current mfi is 24.37.

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
Desert MetalsĀ Ltd Daily Money Flow Index (MFI) ChartDesert MetalsĀ Ltd Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Desert MetalsĀ 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
2024-09-27STOCH LONG EXITThe %K line crosses below the %D line.
2024-09-30MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-10-01CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-10-07CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-10-08MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-10-10STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-10-11BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-10-14ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-10-15STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-10-16ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-10-17RSI 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).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-10-21ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-10-22STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-10-24STOCH LONG EXITThe %K line crosses below the %D line.
2024-10-25STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-10-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-10-31ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-11-04MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-11-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-11-07CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-11-08WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-11-11DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-11-13STOCH SHORT EXITThe %K line crosses above the %D line.
2024-11-15STOCH 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).
2024-11-18DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-11-20SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-11-21DMI 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
2024-11-22STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-11-25SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-11-26MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-11-27ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-11-28STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-11-29SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-12-02STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-12-04MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-12-05DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-12-06STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-12-09STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-12-10STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-12-12STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-12-13CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-12-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-12-17MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-12-18WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-12-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-12-24SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-12-30MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-12-31MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-01-02MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-01-03SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-01-06STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-01-07MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-01-13CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-01-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2025-01-21DMI 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
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-01-23STOCH SHORT EXITThe %K line crosses above the %D line.
2025-01-24DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-01-28MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-01-29DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-01-30CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-01-31STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-02-03MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-02-05STOCH LONG EXITThe %K line crosses below the %D line.
2025-02-06CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-02-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2025-02-10WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-02-11MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-02-12MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2025-02-14MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

Desert MetalsĀ Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5041.263
Ma 20Greater thanMa 500.023
Ma 50Greater thanMa 1000.024
Ma 100Greater thanMa 2000.026
OpenGreater thanClose0.022
Total1/5 (20.0%)
Penke
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