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Eastern Metals Ltd
Buy, Hold or Sell?

Let's analyse Eastern Metals Ltd together

PenkeI guess you are interested in Eastern Metals Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Eastern Metals Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Eastern Metals Ltd (30 sec.)










What can you expect buying and holding a share of Eastern Metals Ltd? (30 sec.)

How much money do you get?

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

What is your share worth?

Current worth
A$0.04
Expected worth in 1 year
A$-0.01
How sure are you?
33.3%

+ What do you gain per year?

Total Gains per Share
A$-0.05
Return On Investment
-128.4%

For what price can you sell your share?

Current Price per Share
A$0.04
Expected price per share
A$0.036 - A$0.04
How sure are you?
50%
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1. Valuation of Eastern Metals Ltd (5 min.)




Live pricePrice per Share (EOD)

A$0.04

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




Is Eastern Metals Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$2.1m$2.8m-$694.1k-32.3%

How much money is Eastern Metals Ltd making?

Current yearPrevious yearGrowGrow %
Making money-$1.6m-$1.9m$298.9k18.3%
Net Profit Margin-23,765.5%-817,115.3%--

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

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




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




  Industry Rankings (Other Precious Metals & Mining)  


Richest
#166 / 231

Most Revenue
#77 / 231

Most Profit
#162 / 231

Most Efficient
#222 / 231
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What can you expect buying and holding a share of Eastern Metals Ltd? (5 min.)

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

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

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

Speculation

The Price per Share of Eastern Metals Ltd is A$0.04. 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 Eastern Metals Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Eastern Metals Ltd, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is A$0.04. Based on the TTM, the Book Value Change Per Share is A$-0.01 per quarter. Based on the YOY, the Book Value Change Per Share is A$0.05 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is A$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Eastern Metals Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 A$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per Share
Usd Eps-0.02-49.5%-0.02-49.5%-0.02-58.5%-0.02-39.5%-0.02-39.5%
Usd Book Value Change Per Share-0.01-21.1%-0.01-21.1%0.0386.7%0.0121.7%0.0121.7%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share-0.01-21.1%-0.01-21.1%0.0386.7%0.0121.7%0.0121.7%
Usd Price Per Share0.04-0.04-0.08-0.04-0.04-
Price to Earnings Ratio-1.79--1.79--3.36--1.72--1.72-
Price-to-Total Gains Ratio-4.21--4.21-2.27--0.97--0.97-
Price to Book Ratio1.36-1.36-2.28-1.21-1.21-
Price-to-Total Gains Ratio-4.21--4.21-2.27--0.97--0.97-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.02624
Number of shares38109
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.010.01
Usd Total Gains Per Share-0.010.01
Gains per Quarter (38109 shares)-320.95330.85
Gains per Year (38109 shares)-1,283.801,323.42
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-1284-1294013231313
20-2568-2578026472636
30-3851-3862039703959
40-5135-5146052945282
50-6419-6430066176605
60-7703-7714079407928
70-8987-8998092649251
80-10270-1028201058710574
90-11554-1156601191111897
100-12838-1285001323413220

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%0.03.00.00.0%0.03.00.00.0%0.03.00.00.0%
Book Value Change Per Share0.01.00.00.0%1.02.00.033.3%1.02.00.033.3%1.02.00.033.3%1.02.00.033.3%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.03.00.0%0.00.03.00.0%0.00.03.00.0%
Total Gains per Share0.01.00.00.0%1.02.00.033.3%1.02.00.033.3%1.02.00.033.3%1.02.00.033.3%
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Fundamentals of Eastern Metals Ltd

About Eastern Metals Ltd

Eastern Metals Limited operates as a base and precious metals exploration company in Australia. The company primarily explores copper, gold, lead, zinc, and silver deposits. Its flagship project is the Cobar project located in the west of Sydney in New South Wales. The company was incorporated in 2020 and is based in Sydney, Australia.

Fundamental data was last updated by Penke on 2024-02-15 18:48:04.

Financial Health

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

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.
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1.1. Profitability of Eastern Metals Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Eastern Metals Ltd to the Other Precious Metals & Mining industry mean.
  • A Net Profit Margin of -23,765.5% means that $-237.65 for each $1 in revenue is generated as profit.

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

  • The MRQ is -23,765.5%. The company is making a huge loss. -2
  • The TTM is -23,765.5%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-23,765.5%TTM-23,765.5%0.0%
TTM-23,765.5%YOY-817,115.3%+793,349.8%
TTM-23,765.5%5Y-527,765.8%+504,000.3%
5Y-527,765.8%10Y-527,765.8%0.0%
Compared to industry (Other Precious Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-23,765.5%-112.4%-23,653.1%
TTM-23,765.5%-80.7%-23,684.8%
YOY-817,115.3%-61.7%-817,053.6%
5Y-527,765.8%-212.2%-527,553.6%
10Y-527,765.8%-206.6%-527,559.2%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Eastern Metals Ltd to the Other Precious Metals & Mining industry mean.
  • -73.0% Return on Assets means that Eastern Metals Ltd generated $-0.73 profit for each $1 in assets.

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

  • The MRQ is -73.0%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -73.0%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-73.0%TTM-73.0%0.0%
TTM-73.0%YOY-60.6%-12.4%
TTM-73.0%5Y-73.6%+0.6%
5Y-73.6%10Y-73.6%0.0%
Compared to industry (Other Precious Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-73.0%-8.5%-64.5%
TTM-73.0%-10.7%-62.3%
YOY-60.6%-8.5%-52.1%
5Y-73.6%-13.1%-60.5%
10Y-73.6%-14.3%-59.3%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Eastern Metals Ltd to the Other Precious Metals & Mining industry mean.
  • -76.0% Return on Equity means Eastern Metals Ltd generated $-0.76 for each $1 the owners (shareholders) invested.

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

  • The MRQ is -76.0%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -76.0%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-76.0%TTM-76.0%0.0%
TTM-76.0%YOY-67.9%-8.0%
TTM-76.0%5Y-48.0%-28.0%
5Y-48.0%10Y-48.0%0.0%
Compared to industry (Other Precious Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-76.0%-7.2%-68.8%
TTM-76.0%-10.6%-65.4%
YOY-67.9%-8.3%-59.6%
5Y-48.0%-15.0%-33.0%
10Y-48.0%-16.1%-31.9%
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1.2. Operating Efficiency of Eastern Metals Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Eastern Metals Ltd is operating .

  • Measures how much profit Eastern Metals Ltd makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Eastern Metals Ltd to the Other Precious Metals & Mining industry mean.
  • An Operating Margin of -23,765.4% means the company generated $-237.65  for each $1 in revenue (before taxes).

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

  • The MRQ is -23,765.4%. The company is operating very inefficient. -2
  • The TTM is -23,765.4%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-23,765.4%TTM-23,765.4%0.0%
TTM-23,765.4%YOY-817,215.8%+793,450.4%
TTM-23,765.4%5Y-577,296.0%+553,530.5%
5Y-577,296.0%10Y-577,296.0%0.0%
Compared to industry (Other Precious Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-23,765.4%-401.8%-23,363.6%
TTM-23,765.4%-63.8%-23,701.6%
YOY-817,215.8%-50.0%-817,165.8%
5Y-577,296.0%-317.9%-576,978.1%
10Y-577,296.0%-341.7%-576,954.3%
1.2.2. Operating Ratio

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

  • Below 1 is considered healthy (always compare to Other Precious Metals & Mining industry mean).
  • An Operation Ratio of 0.00 means that the operating costs are $0.00 for each $1 in net sales.

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

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY8,172.158-8,172.158
TTM-5Y2,724.053-2,724.053
5Y2,724.05310Y2,724.0530.000
Compared to industry (Other Precious Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.922-1.922
TTM-1.811-1.811
YOY8,172.1581.978+8,170.180
5Y2,724.0533.438+2,720.615
10Y2,724.0533.758+2,720.295
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1.3. Liquidity of Eastern Metals Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Eastern Metals Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Other Precious Metals & Mining industry mean).
  • A Current Ratio of 18.05 means the company has $18.05 in assets for each $1 in short-term debts.

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

  • The MRQ is 18.053. The company is very able to pay all its short-term debts. +2
  • The TTM is 18.053. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ18.053TTM18.0530.000
TTM18.053YOY7.677+10.376
TTM18.0535Y8.814+9.239
5Y8.81410Y8.8140.000
Compared to industry (Other Precious Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ18.0532.453+15.600
TTM18.0532.888+15.165
YOY7.6774.250+3.427
5Y8.8145.873+2.941
10Y8.8145.718+3.096
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Eastern Metals Ltd to the Other Precious Metals & Mining industry mean.
  • A Quick Ratio of 18.05 means the company can pay off $18.05 for each $1 in debt (using most liquid assets).

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

  • The MRQ is 18.053. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 18.053. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ18.053TTM18.0530.000
TTM18.053YOY7.669+10.384
TTM18.0535Y8.812+9.242
5Y8.81210Y8.8120.000
Compared to industry (Other Precious Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ18.0530.754+17.299
TTM18.0530.701+17.352
YOY7.6691.158+6.511
5Y8.8121.127+7.685
10Y8.8121.344+7.468
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1.4. Solvency of Eastern Metals Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Eastern Metals Ltd to Other Precious Metals & Mining industry mean.
  • A Debt to Asset Ratio of 0.04 means that Eastern Metals Ltd assets are financed with 3.9% credit (debt) and the remaining percentage (100% - 3.9%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.039. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.039. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.039TTM0.0390.000
TTM0.039YOY0.108-0.069
TTM0.0395Y0.401-0.362
5Y0.40110Y0.4010.000
Compared to industry (Other Precious Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0390.124-0.085
TTM0.0390.136-0.097
YOY0.1080.107+0.001
5Y0.4010.183+0.218
10Y0.4010.232+0.169
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Eastern Metals Ltd to the Other Precious Metals & Mining industry mean.
  • A Debt to Equity ratio of 4.0% means that company has $0.04 debt for each $1 in shareholders equity.

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

  • The MRQ is 0.040. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.040. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.040TTM0.0400.000
TTM0.040YOY0.121-0.081
TTM0.0405Y0.054-0.013
5Y0.05410Y0.0540.000
Compared to industry (Other Precious Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0400.116-0.076
TTM0.0400.122-0.082
YOY0.1210.113+0.008
5Y0.0540.167-0.113
10Y0.0540.191-0.137
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2. Market Valuation of Eastern Metals Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Eastern Metals Ltd generates.

  • Above 15 is considered overpriced but always compare Eastern Metals Ltd to the Other Precious Metals & Mining industry mean.
  • A PE ratio of -1.79 means the investor is paying $-1.79 for every $1 in earnings.

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

  • The EOD is -1.326. Based on the earnings, the company is expensive. -2
  • The MRQ is -1.791. Based on the earnings, the company is expensive. -2
  • The TTM is -1.791. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-1.326MRQ-1.791+0.464
MRQ-1.791TTM-1.7910.000
TTM-1.791YOY-3.362+1.572
TTM-1.7915Y-1.718-0.073
5Y-1.71810Y-1.7180.000
Compared to industry (Other Precious Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-1.326-4.179+2.853
MRQ-1.791-5.675+3.884
TTM-1.791-6.053+4.262
YOY-3.362-9.509+6.147
5Y-1.718-9.519+7.801
10Y-1.718-9.394+7.676
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -1.172. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -1.582. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -1.582. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-1.172MRQ-1.582+0.410
MRQ-1.582TTM-1.5820.000
TTM-1.582YOY-14.145+12.563
TTM-1.5825Y-5.243+3.660
5Y-5.24310Y-5.2430.000
Compared to industry (Other Precious Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-1.172-3.836+2.664
MRQ-1.582-5.465+3.883
TTM-1.582-5.679+4.097
YOY-14.145-8.471-5.674
5Y-5.243-9.874+4.631
10Y-5.243-9.367+4.124
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2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Eastern Metals Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Other Precious Metals & Mining industry mean).
  • A PB ratio of 1.36 means the investor is paying $1.36 for each $1 in book value.

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

  • The EOD is 1.007. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.360. Based on the equity, the company is underpriced. +1
  • The TTM is 1.360. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.007MRQ1.360-0.353
MRQ1.360TTM1.3600.000
TTM1.360YOY2.284-0.924
TTM1.3605Y1.215+0.145
5Y1.21510Y1.2150.000
Compared to industry (Other Precious Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD1.0070.895+0.112
MRQ1.3601.219+0.141
TTM1.3601.422-0.062
YOY2.2842.272+0.012
5Y1.2152.117-0.902
10Y1.2152.262-1.047
2. Total Gains per Share
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3. Summary

3.1. Key Performance Indicators

The key performance indicators of Eastern Metals Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.013-0.0130%0.053-124%0.013-197%0.013-197%
Book Value Per Share--0.0400.0400%0.053-24%0.031+30%0.031+30%
Current Ratio--18.05318.0530%7.677+135%8.814+105%8.814+105%
Debt To Asset Ratio--0.0390.0390%0.108-64%0.401-90%0.401-90%
Debt To Equity Ratio--0.0400.0400%0.121-67%0.054-25%0.054-25%
Dividend Per Share----0%-0%-0%-0%
Eps---0.030-0.0300%-0.036+18%-0.024-20%-0.024-20%
Free Cash Flow Per Share---0.034-0.0340%-0.008-75%-0.015-56%-0.015-56%
Free Cash Flow To Equity Per Share---0.018-0.0180%0.064-129%0.017-206%0.017-206%
Gross Profit Margin--1.0001.0000%1.024-2%1.008-1%1.008-1%
Market Cap3297048.000-35%4451017.5004451017.5000%9891144.000-55%4780720.500-7%4780720.500-7%
Net Profit Margin---237.655-237.6550%-8171.153+3338%-5277.658+2121%-5277.658+2121%
Operating Margin---237.654-237.6540%-8172.158+3339%-5772.960+2329%-5772.960+2329%
Operating Ratio----0%8172.158-100%2724.053-100%2724.053-100%
Pb Ratio1.007-35%1.3601.3600%2.284-40%1.215+12%1.215+12%
Pe Ratio-1.326+26%-1.791-1.7910%-3.362+88%-1.718-4%-1.718-4%
Price Per Share0.040-35%0.0540.0540%0.120-55%0.058-7%0.058-7%
Price To Free Cash Flow Ratio-1.172+26%-1.582-1.5820%-14.145+794%-5.243+231%-5.243+231%
Price To Total Gains Ratio-3.116+26%-4.206-4.2060%2.269-285%-0.969-77%-0.969-77%
Quick Ratio--18.05318.0530%7.669+135%8.812+105%8.812+105%
Return On Assets---0.730-0.7300%-0.606-17%-0.736+1%-0.736+1%
Return On Equity---0.760-0.7600%-0.679-11%-0.480-37%-0.480-37%
Total Gains Per Share---0.013-0.0130%0.053-124%0.013-197%0.013-197%
Usd Book Value--2146819.0402146819.0400%2841000.864-24%1656252.181+30%1656252.181+30%
Usd Book Value Change Per Share---0.008-0.0080%0.035-124%0.009-197%0.009-197%
Usd Book Value Per Share--0.0260.0260%0.034-24%0.020+30%0.020+30%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.020-0.0200%-0.023+18%-0.016-20%-0.016-20%
Usd Free Cash Flow---1845238.784-1845238.7840%-458705.376-75%-809901.536-56%-809901.536-56%
Usd Free Cash Flow Per Share---0.022-0.0220%-0.006-75%-0.010-56%-0.010-56%
Usd Free Cash Flow To Equity Per Share---0.012-0.0120%0.042-129%0.011-206%0.011-206%
Usd Market Cap2162863.488-35%2919867.4802919867.4800%6488590.464-55%3136152.648-7%3136152.648-7%
Usd Price Per Share0.026-35%0.0350.0350%0.079-55%0.038-7%0.038-7%
Usd Profit---1630730.720-1630730.7200%-1929699.440+18%-1284215.120-21%-1284215.120-21%
Usd Revenue--6861.7606861.7600%236.160+2806%2379.093+188%2379.093+188%
Usd Total Gains Per Share---0.008-0.0080%0.035-124%0.009-197%0.009-197%
 EOD+3 -5MRQTTM+0 -0YOY+13 -215Y+14 -2010Y+14 -20

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-1.326
Price to Book Ratio (EOD)Between0-11.007
Net Profit Margin (MRQ)Greater than0-237.655
Operating Margin (MRQ)Greater than0-237.654
Quick Ratio (MRQ)Greater than118.053
Current Ratio (MRQ)Greater than118.053
Debt to Asset Ratio (MRQ)Less than10.039
Debt to Equity Ratio (MRQ)Less than10.040
Return on Equity (MRQ)Greater than0.15-0.760
Return on Assets (MRQ)Greater than0.05-0.730
Total4/10 (40.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5064.646
Ma 20Greater thanMa 500.036
Ma 50Greater thanMa 1000.035
Ma 100Greater thanMa 2000.034
OpenGreater thanClose0.040
Total3/5 (60.0%)



Latest Balance Sheet

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

Summary
Total Assets3,405
Total Liabilities133
Total Stockholder Equity3,273
 As reported
Total Liabilities 133
Total Stockholder Equity+ 3,273
Total Assets = 3,405

Assets

Total Assets3,405
Total Current Assets2,392
Long-term Assets1,013
Total Current Assets
Cash And Cash Equivalents 2,357
Net Receivables 35
Total Current Assets  (as reported)2,392
Total Current Assets  (calculated)2,392
+/- 0
Long-term Assets
Property Plant Equipment 886
Other Assets 127
Long-term Assets  (as reported)1,013
Long-term Assets  (calculated)1,013
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities133
Long-term Liabilities0
Total Stockholder Equity3,273
Total Current Liabilities
Accounts payable 133
Total Current Liabilities  (as reported)133
Total Current Liabilities  (calculated)133
+/-0
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Common Stock8,619
Retained Earnings -5,873
Other Stockholders Equity 527
Total Stockholder Equity (as reported)3,273
Total Stockholder Equity (calculated)3,273
+/- 0
Other
Capital Stock8,619
Cash and Short Term Investments 2,357
Common Stock Shares Outstanding 82,426
Liabilities and Stockholders Equity 3,405
Net Invested Capital 3,273
Net Tangible Assets 3,273
Net Working Capital 2,260
Property Plant and Equipment Gross 886



Balance Sheet

Currency in AUD. All numbers in thousands.

 Trend2023-06-302022-06-302021-06-30
> Total Assets 
511
4,855
3,405
3,4054,855511
   > Total Current Assets 
385
4,024
2,392
2,3924,024385
       Cash And Cash Equivalents 
381
3,886
2,357
2,3573,886381
       Net Receivables 
4
133
35
351334
   > Long-term Assets 
0
831
1,013
1,0138310
       Property Plant Equipment 
86
714
886
88671486
       Long-term Assets Other 
0
117
127
1271170
> Total Liabilities 
540
524
133
133524540
   > Total Current Liabilities 
540
524
133
133524540
       Accounts payable 
0
433
133
1334330
       Other Current Liabilities 
420
91
0
091420
   > Long-term Liabilities 000
> Total Stockholder Equity
-29
4,331
3,273
3,2734,331-29
   Common Stock
0
7,145
8,619
8,6197,1450
   Retained Earnings -5,873-3,387-445
   Capital Surplus 000
   Treasury Stock000
   Other Stockholders Equity 
416
573
527
527573416



Balance Sheet

Currency in AUD. All numbers in thousands.




Cash Flow

Currency in AUD. All numbers in thousands.




Income Statement

Currency in AUD. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue10
Cost of Revenue-0
Gross Profit010
 
Operating Income (+$)
Gross Profit0
Operating Expense-0
Operating Income-2,4860
 
Operating Expense (+$)
Research Development0
Selling General Administrative998
Selling And Marketing Expenses0
Operating Expense0998
 
Net Interest Income (+$)
Interest Income0
Interest Expense-0
Other Finance Cost-0
Net Interest Income0
 
Pretax Income (+$)
Operating Income-2,486
Net Interest Income0
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-2,486-2,496
EBIT - interestExpense = -2,486
-2,486
-2,486
Interest Expense0
Earnings Before Interest and Taxes (EBIT)-2,486-2,486
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax-2,486
Tax Provision-0
Net Income From Continuing Ops-2,486-2,486
Net Income-2,486
Net Income Applicable To Common Shares-2,486
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net100
 

Technical Analysis of Eastern Metals Ltd
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Eastern Metals Ltd. The general trend of Eastern Metals Ltd is BULLISH with 28.6% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Eastern Metals Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (28.6%) Bearish trend (-28.6%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Eastern Metals Ltd.

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

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 0.04 < 0.04 < 0.04.

The bearish price targets are: 0.036 > 0.036 > 0.036.

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Eastern Metals Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Eastern Metals Ltd. The current mas is .

The long score for the Moving Averages is 9/14.
The longshort score for the Moving Averages is 4/(-14 +14).

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

Directionalities and relatives.

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

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

Eastern Metals Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Eastern Metals Ltd. The current macd is 0.00161035.

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

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Eastern Metals Ltd price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Eastern Metals Ltd. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Eastern Metals Ltd price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Eastern Metals Ltd Daily Moving Average Convergence/Divergence (MACD) ChartEastern Metals Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Eastern Metals Ltd. The current adx is 30.90.

The long score for the Directional Movement Index (DMI) is 3/7.
The longshort score for the Directional Movement Index (DMI) is 3/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Eastern Metals Ltd shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bullish trend. The ADX is declining, the bullish trend is weakening. Could be a potential reversal to the downside. +2
Eastern Metals Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Eastern Metals Ltd. The current sar is 0.03064161.

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

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Eastern Metals 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 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 Eastern Metals Ltd. The current rsi is 64.65. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 3/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
Eastern Metals Ltd Daily Relative Strength Index (RSI) ChartEastern Metals Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Eastern Metals Ltd. The current phase is Overbought in bull market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Eastern Metals Ltd price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Eastern Metals Ltd Daily Stochastic Oscillator ChartEastern Metals Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Eastern Metals Ltd. The current cci is 77.31.

Eastern Metals Ltd Daily Commodity Channel Index (CCI) ChartEastern Metals Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Eastern Metals Ltd. The current cmo is 38.42.

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

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Eastern Metals Ltd Daily Chande Momentum Oscillator (CMO) ChartEastern Metals Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

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

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Eastern Metals Ltd. The current willr is 0.

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

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Eastern Metals Ltd Daily Williams %R ChartEastern Metals 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 oversold 

Score

Let's take a look at the Bollinger Bands of Eastern Metals Ltd.

Eastern Metals Ltd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Eastern Metals Ltd. The current atr is 0.00094172.

Eastern Metals Ltd Daily Average True Range (ATR) ChartEastern Metals Ltd Daily Average True Range (ATR) Chart
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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 Eastern Metals Ltd. The current obv is -2,574,021.

Eastern Metals Ltd Daily On-Balance Volume (OBV) ChartEastern Metals Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Eastern Metals Ltd. The current mfi is 20.66.

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
Eastern Metals Ltd Daily Money Flow Index (MFI) ChartEastern Metals Ltd Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Eastern Metals Ltd.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-10-06SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-10-18CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-10-23RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-10-25SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
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
2023-10-27STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-10-31STOCH 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).
2023-11-02DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
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).
2023-11-03DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-06CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-10MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
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
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-14MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-15CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-17BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-23RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-27DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-28MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-01SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-04WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-05MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-06MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-07ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-08CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-12RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-15DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-18MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-12-19STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-28CCI 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).
2023-12-29RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-17MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-18SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-19WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-30DMI 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
CMO SHORT ENTRY LONG CLOSEZero line crossover to 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).
2024-01-31RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-07CCI SHORT ENTRY LONG CLOSE-100 crossover to 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).
2024-02-09DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-12MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-19MFI SHORT ENTRY LONG CLOSE80 crossover to downside

6.3. Candlestick Patterns

Eastern Metals Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5064.646
Ma 20Greater thanMa 500.036
Ma 50Greater thanMa 1000.035
Ma 100Greater thanMa 2000.034
OpenGreater thanClose0.040
Total3/5 (60.0%)
Penke

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