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Firefinch Ltd
Buy, Hold or Sell?

Let's analyse Firefinch Ltd together

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










What can you expect buying and holding a share of Firefinch 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$0.09
Expected worth in 1 year
A$-0.38
How sure are you?
75.0%

+ What do you gain per year?

Total Gains per Share
A$-0.47
Return On Investment
-236.8%

For what price can you sell your share?

Current Price per Share
A$0.20
Expected price per share
A$0.2 - A$0.2
How sure are you?
50%
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1. Valuation of Firefinch Ltd (5 min.)




Live pricePrice per Share (EOD)

A$0.20

Intrinsic Value Per Share

A$-0.43 - A$-0.30

Total Value Per Share

A$-0.34 - A$-0.21

2. Growth of Firefinch Ltd (5 min.)




Is Firefinch Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$73.1m$164.7m-$91.6m-125.2%

How much money is Firefinch Ltd making?

Current yearPrevious yearGrowGrow %
Making money$208.8m-$27.6m$236.4m113.2%
Net Profit Margin0.0%-38.7%--

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

3. Financial Health of Firefinch Ltd (5 min.)




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




  Industry Rankings (Gold)  


Richest
#110 / 517

Most Revenue
#489 / 517

Most Profit
#10 / 517

Most Efficient
#116 / 517
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What can you expect buying and holding a share of Firefinch Ltd? (5 min.)

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

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

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

Speculation

The Price per Share of Firefinch Ltd is A$0.2. 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 Firefinch 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 Firefinch 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$0.09. Based on the TTM, the Book Value Change Per Share is A$-0.12 per quarter. Based on the YOY, the Book Value Change Per Share is A$0.13 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 Firefinch 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 Eps0.1888.3%0.1888.3%-0.02-11.7%0.0314.9%0.029.0%
Usd Book Value Change Per Share-0.08-38.7%-0.08-38.7%0.0842.2%0.014.9%0.013.9%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share-0.08-38.7%-0.08-38.7%0.0842.2%0.014.9%0.013.9%
Usd Price Per Share0.13-0.13-0.57-0.19-0.19-
Price to Earnings Ratio0.74-0.74--24.23-353.42-1,736.07-
Price-to-Total Gains Ratio-1.69--1.69-6.71-29.52-37.07-
Price to Book Ratio2.11-2.11-4.06-3.78-7.12-
Price-to-Total Gains Ratio-1.69--1.69-6.71-29.52-37.07-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.1308
Number of shares7645
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.080.01
Usd Total Gains Per Share-0.080.01
Gains per Quarter (7645 shares)-592.0374.89
Gains per Year (7645 shares)-2,368.14299.55
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-2368-23780300290
20-4736-47460599590
30-7104-71140899890
40-9473-9482011981190
50-11841-11850014981490
60-14209-14218017971790
70-16577-16586020972090
80-18945-18954023962390
90-21313-21322026962690
100-23681-23690029952990

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 Share1.00.00.0100.0%2.01.00.066.7%2.03.00.040.0%3.05.00.037.5%3.05.00.037.5%
Book Value Change Per Share0.01.00.00.0%2.01.00.066.7%4.01.00.080.0%6.01.01.075.0%6.01.01.075.0%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.08.00.0%0.00.08.00.0%
Total Gains per Share0.01.00.00.0%2.01.00.066.7%4.01.00.080.0%6.01.01.075.0%6.01.01.075.0%
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Fundamentals of Firefinch Ltd

About Firefinch Ltd

Firefinch Limited operates as a gold mining company. It holds an 80% interest in the Morila Gold Mine in Mali. The company was formerly known as Mali Lithium Limited and changed its name to Firefinch Limited in November 2020. Firefinch Limited was incorporated in 2005 and is based in West Leederville, Australia.

Fundamental data was last updated by Penke on 2024-02-16 14:27:03.

Financial Health

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

Valuation

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

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Firefinch Ltd to the Gold industry mean.
  • A Net Profit Margin of 0.0% means that $0.00 for each $1 in revenue is generated as profit.

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

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-38.7%+38.7%
TTM-5Y-2,747.1%+2,747.1%
5Y-2,747.1%10Y-5,522.7%+2,775.6%
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ--2.0%+2.0%
TTM--5.3%+5.3%
YOY-38.7%-3.3%-35.4%
5Y-2,747.1%-22.1%-2,725.0%
10Y-5,522.7%-30.1%-5,492.6%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Firefinch Ltd to the Gold industry mean.
  • 222.5% Return on Assets means that Firefinch Ltd generated $2.22 profit for each $1 in assets.

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

  • The MRQ is 222.5%. Using its assets, the company is very efficient in making profit. +2
  • The TTM is 222.5%. Using its assets, the company is very efficient in making profit. +2
Trends
Current periodCompared to+/- 
MRQ222.5%TTM222.5%0.0%
TTM222.5%YOY-12.1%+234.6%
TTM222.5%5Y36.8%+185.6%
5Y36.8%10Y18.4%+18.4%
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ222.5%-3.7%+226.2%
TTM222.5%-4.7%+227.2%
YOY-12.1%-4.8%-7.3%
5Y36.8%-7.2%+44.0%
10Y18.4%-9.1%+27.5%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Firefinch Ltd to the Gold industry mean.
  • 285.5% Return on Equity means Firefinch Ltd generated $2.85 for each $1 the owners (shareholders) invested.

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

  • The MRQ is 285.5%. Using its investors money, the company is very efficient in making profit. +2
  • The TTM is 285.5%. Using its investors money, the company is very efficient in making profit. +2
Trends
Current periodCompared to+/- 
MRQ285.5%TTM285.5%0.0%
TTM285.5%YOY-16.8%+302.2%
TTM285.5%5Y48.0%+237.4%
5Y48.0%10Y24.1%+23.9%
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ285.5%-3.7%+289.2%
TTM285.5%-4.6%+290.1%
YOY-16.8%-5.4%-11.4%
5Y48.0%-8.5%+56.5%
10Y24.1%-10.7%+34.8%
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1.2. Operating Efficiency of Firefinch Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Firefinch Ltd is operating .

  • Measures how much profit Firefinch 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 Firefinch Ltd to the Gold industry mean.
  • An Operating Margin of 0.0% means the company generated $0.00  for each $1 in revenue (before taxes).

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

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-37.7%+37.7%
TTM-5Y-2,936.3%+2,936.3%
5Y-2,936.3%10Y-3,022.1%+85.8%
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ--4.1%+4.1%
TTM-1.7%-1.7%
YOY-37.7%4.0%-41.7%
5Y-2,936.3%-9.6%-2,926.7%
10Y-3,022.1%-19.8%-3,002.3%
1.2.2. Operating Ratio

Measures how efficient Firefinch Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Gold 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 Firefinch Ltd:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY1.423-1.423
TTM-5Y12.639-12.639
5Y12.63910Y7.899+4.740
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.494-1.494
TTM-1.319-1.319
YOY1.4231.339+0.084
5Y12.6391.495+11.144
10Y7.8991.514+6.385
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1.3. Liquidity of Firefinch Ltd.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Gold industry mean).
  • A Current Ratio of 11.47 means the company has $11.47 in assets for each $1 in short-term debts.

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

  • The MRQ is 11.472. The company is very able to pay all its short-term debts. +2
  • The TTM is 11.472. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ11.472TTM11.4720.000
TTM11.472YOY2.679+8.793
TTM11.4725Y4.474+6.998
5Y4.47410Y4.503-0.029
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ11.4722.456+9.016
TTM11.4722.579+8.893
YOY2.6793.671-0.992
5Y4.4744.093+0.381
10Y4.5034.498+0.005
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Firefinch Ltd to the Gold industry mean.
  • A Quick Ratio of 11.33 means the company can pay off $11.33 for each $1 in debt (using most liquid assets).

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

  • The MRQ is 11.329. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 11.329. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ11.329TTM11.3290.000
TTM11.329YOY2.129+9.201
TTM11.3295Y3.975+7.354
5Y3.97510Y4.189-0.214
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ11.3290.806+10.523
TTM11.3290.674+10.655
YOY2.1290.958+1.171
5Y3.9751.336+2.639
10Y4.1891.451+2.738
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1.4. Solvency of Firefinch Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Firefinch Ltd to Gold industry mean.
  • A Debt to Asset Ratio of 0.22 means that Firefinch Ltd assets are financed with 22.1% credit (debt) and the remaining percentage (100% - 22.1%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.221. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.221. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.221TTM0.2210.000
TTM0.221YOY0.279-0.058
TTM0.2215Y0.191+0.030
5Y0.19110Y0.152+0.039
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2210.197+0.024
TTM0.2210.192+0.029
YOY0.2790.161+0.118
5Y0.1910.222-0.031
10Y0.1520.245-0.093
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Firefinch Ltd to the Gold industry mean.
  • A Debt to Equity ratio of 28.3% means that company has $0.28 debt for each $1 in shareholders equity.

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

  • The MRQ is 0.283. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.283. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.283TTM0.2830.000
TTM0.283YOY0.387-0.103
TTM0.2835Y0.253+0.031
5Y0.25310Y0.199+0.054
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2830.196+0.087
TTM0.2830.197+0.086
YOY0.3870.172+0.215
5Y0.2530.237+0.016
10Y0.1990.272-0.073
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2. Market Valuation of Firefinch 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 Firefinch Ltd generates.

  • Above 15 is considered overpriced but always compare Firefinch Ltd to the Gold industry mean.
  • A PE ratio of 0.74 means the investor is paying $0.74 for every $1 in earnings.

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

  • The EOD is 0.741. Based on the earnings, the company is cheap. +2
  • The MRQ is 0.741. Based on the earnings, the company is cheap. +2
  • The TTM is 0.741. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.741MRQ0.7410.000
MRQ0.741TTM0.7410.000
TTM0.741YOY-24.231+24.971
TTM0.7415Y353.415-352.674
5Y353.41510Y1,736.075-1,382.660
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
EOD0.741-2.977+3.718
MRQ0.741-3.583+4.324
TTM0.741-4.252+4.993
YOY-24.231-6.893-17.338
5Y353.415-9.239+362.654
10Y1,736.075-9.562+1,745.637
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -8.220. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -8.220. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -8.220. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-8.220MRQ-8.2200.000
MRQ-8.220TTM-8.2200.000
TTM-8.220YOY-18.571+10.352
TTM-8.2205Y-24.698+16.478
5Y-24.69810Y-35.444+10.746
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
EOD-8.220-3.374-4.846
MRQ-8.220-4.074-4.146
TTM-8.220-4.922-3.298
YOY-18.571-7.241-11.330
5Y-24.698-11.427-13.271
10Y-35.444-11.925-23.519
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2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Gold industry mean).
  • A PB ratio of 2.11 means the investor is paying $2.11 for each $1 in book value.

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

  • The EOD is 2.115. Based on the equity, the company is underpriced. +1
  • The MRQ is 2.115. Based on the equity, the company is underpriced. +1
  • The TTM is 2.115. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD2.115MRQ2.1150.000
MRQ2.115TTM2.1150.000
TTM2.115YOY4.061-1.947
TTM2.1155Y3.785-1.670
5Y3.78510Y7.124-3.339
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
EOD2.1150.998+1.117
MRQ2.1151.180+0.935
TTM2.1151.280+0.835
YOY4.0611.811+2.250
5Y3.7852.410+1.375
10Y7.1242.476+4.648
2. Total Gains per Share

3. Holders & Insider Transactions

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

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4. Summary

4.1. Key Performance Indicators

The key performance indicators of Firefinch 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---0.118-0.1180%0.129-192%0.015-891%0.012-1102%
Book Value Per Share--0.0950.0950%0.213-56%0.087+8%0.058+62%
Current Ratio--11.47211.4720%2.679+328%4.474+156%4.503+155%
Debt To Asset Ratio--0.2210.2210%0.279-21%0.191+16%0.152+45%
Debt To Equity Ratio--0.2830.2830%0.387-27%0.253+12%0.199+42%
Dividend Per Share----0%-0%-0%-0%
Eps--0.2700.2700%-0.036+113%0.046+492%0.028+880%
Free Cash Flow Per Share---0.024-0.0240%-0.047+91%-0.018-25%-0.013-46%
Free Cash Flow To Equity Per Share---0.016-0.0160%0.118-113%0.030-153%0.021-176%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---0.302--------
Intrinsic Value_10Y_min---0.431--------
Intrinsic Value_1Y_max---0.021--------
Intrinsic Value_1Y_min---0.030--------
Intrinsic Value_3Y_max---0.070--------
Intrinsic Value_3Y_min---0.101--------
Intrinsic Value_5Y_max---0.128--------
Intrinsic Value_5Y_min---0.186--------
Market Cap236570009.6000%236570009.600236570009.6000%1023165291.520-77%350076300.206-32%338472541.235-30%
Net Profit Margin----0%-0.3870%-27.4710%-55.2270%
Operating Margin----0%-0.3770%-29.3630%-30.2210%
Operating Ratio----0%1.423-100%12.639-100%7.899-100%
Pb Ratio2.1150%2.1152.1150%4.061-48%3.785-44%7.124-70%
Pe Ratio0.7410%0.7410.7410%-24.231+3371%353.415-100%1736.075-100%
Price Per Share0.2000%0.2000.2000%0.865-77%0.296-32%0.286-30%
Price To Free Cash Flow Ratio-8.2200%-8.220-8.2200%-18.571+126%-24.698+200%-35.444+331%
Price To Total Gains Ratio-1.6890%-1.689-1.6890%6.708-125%29.519-106%37.067-105%
Quick Ratio--11.32911.3290%2.129+432%3.975+185%4.189+170%
Return On Assets--2.2252.2250%-0.121+105%0.368+504%0.184+1109%
Return On Equity--2.8552.8550%-0.168+106%0.480+494%0.241+1086%
Total Gains Per Share---0.118-0.1180%0.129-192%0.015-891%0.012-1102%
Usd Book Value--73163319.42673163319.4260%164764053.816-56%67506270.830+8%45030047.409+62%
Usd Book Value Change Per Share---0.077-0.0770%0.084-192%0.010-891%0.008-1102%
Usd Book Value Per Share--0.0620.0620%0.139-56%0.057+8%0.038+62%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps--0.1770.1770%-0.023+113%0.030+492%0.018+880%
Usd Free Cash Flow---18822598.074-18822598.0740%-36031050.246+91%-14149563.895-25%-10162766.456-46%
Usd Free Cash Flow Per Share---0.016-0.0160%-0.030+91%-0.012-25%-0.009-46%
Usd Free Cash Flow To Equity Per Share---0.010-0.0100%0.077-113%0.020-153%0.013-176%
Usd Market Cap154716786.2780%154716786.278154716786.2780%669150100.654-77%228949900.335-32%221361041.968-30%
Usd Price Per Share0.1310%0.1310.1310%0.566-77%0.194-32%0.187-30%
Usd Profit--208851762.108208851762.1080%-27615819.696+113%35271729.432+492%21302077.373+880%
Usd Revenue----0%71339613.612-100%16942781.938-100%10605504.509-100%
Usd Total Gains Per Share---0.077-0.0770%0.084-192%0.010-891%0.008-1102%
 EOD+0 -1MRQTTM+0 -0YOY+15 -165Y+14 -1710Y+14 -17

4.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-150.741
Price to Book Ratio (EOD)Between0-12.115
Net Profit Margin (MRQ)Greater than00.000
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than111.329
Current Ratio (MRQ)Greater than111.472
Debt to Asset Ratio (MRQ)Less than10.221
Debt to Equity Ratio (MRQ)Less than10.283
Return on Equity (MRQ)Greater than0.152.855
Return on Assets (MRQ)Greater than0.052.225
Total7/10 (70.0%)

4.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose0.200
Total0/1 (0.0%)



Reversals in quarterly reports

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

 2018-12-312019-12-312020-12-312021-12-312022-12-31
Other Stockholders Equity  5,4703485,817-5175,3001,7807,080-8,261-1,181



Latest Balance Sheet

Balance Sheet of 2022-12-31. Currency in AUD. All numbers in thousands.

Summary
Total Assets143,550
Total Liabilities31,679
Total Stockholder Equity111,871
 As reported
Total Liabilities 31,679
Total Stockholder Equity+ 111,871
Total Assets = 143,550

Assets

Total Assets143,550
Total Current Assets40,575
Long-term Assets102,975
Total Current Assets
Cash And Cash Equivalents 37,946
Net Receivables 2,123
Inventory 299
Other Current Assets 207
Total Current Assets  (as reported)40,575
Total Current Assets  (calculated)40,575
+/-0
Long-term Assets
Property Plant Equipment 628
Long Term Investments 102,347
Long-term Assets  (as reported)102,975
Long-term Assets  (calculated)102,975
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities3,537
Long-term Liabilities28,143
Total Stockholder Equity111,871
Total Current Liabilities
Short-term Debt 161
Accounts payable 2,906
Other Current Liabilities 470
Total Current Liabilities  (as reported)3,537
Total Current Liabilities  (calculated)3,537
+/-0
Long-term Liabilities
Long term Debt Total 232
Capital Lease Obligations 393
Long-term Liabilities  (as reported)28,143
Long-term Liabilities  (calculated)625
+/- 27,517
Total Stockholder Equity
Common Stock303,823
Retained Earnings -198,427
Accumulated Other Comprehensive Income 6,474
Total Stockholder Equity (as reported)111,871
Total Stockholder Equity (calculated)111,871
+/-0
Other
Capital Stock303,823
Cash And Equivalents35,186
Cash and Short Term Investments 37,946
Common Stock Shares Outstanding 1,180,469
Liabilities and Stockholders Equity 143,550
Net Debt -37,553
Net Invested Capital 111,871
Net Working Capital 37,038
Property Plant and Equipment Gross 1,731
Short Long Term Debt Total 393



Balance Sheet

Currency in AUD. All numbers in thousands.

 Trend2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-31
> Total Assets 
0
14,661
24,362
28,266
29,517
139,182
349,240
143,550
143,550349,240139,18229,51728,26624,36214,6610
   > Total Current Assets 
0
6,154
12,621
8,469
4,311
68,582
196,651
40,575
40,575196,65168,5824,3118,46912,6216,1540
       Cash And Cash Equivalents 
8,684
6,040
12,518
5,242
3,793
17,263
148,882
37,946
37,946148,88217,2633,7935,24212,5186,0408,684
       Short-term Investments 
0
0
0
0
0
32
186
0
01863200000
       Net Receivables 
0
85
90
3,295
482
10,574
7,183
2,123
2,1237,18310,5744823,29590850
       Inventory 
0
0
0
0
-83
37,272
34,532
299
29934,53237,272-830000
   > Long-term Assets 
0
0
0
19,685
25,207
70,601
152,589
102,975
102,975152,58970,60125,20719,685000
       Property Plant Equipment 
0
8,507
11,741
19,685
25,094
59,910
136,838
628
628136,83859,91025,09419,68511,7418,5070
       Long Term Investments 
0
0
0
0
112
108
86
102,347
102,347861081120000
       Other Assets 
0
0
0
112
112
10,690
15,751
0
015,75110,690112112000
> Total Liabilities 
0
3,225
1,074
2,526
2,351
39,789
97,307
31,679
31,67997,30739,7892,3512,5261,0743,2250
   > Total Current Liabilities 
0
3,225
1,074
2,526
2,284
23,028
73,404
3,537
3,53773,40423,0282,2842,5261,0743,2250
       Short-term Debt 
0
0
0
0
39
9,693
14,919
161
16114,9199,693390000
       Short Long Term Debt 
0
0
0
0
0
9,664
14,768
0
014,7689,66400000
       Accounts payable 
0
472
351
266
736
7,637
49,379
2,906
2,90649,3797,6377362663514720
       Other Current Liabilities 
0
2,162
0
574
1,509
5,698
9,107
470
4709,1075,6981,50957402,1620
   > Long-term Liabilities 
0
0
0
0
67
16,761
23,903
28,143
28,14323,90316,761670000
       Long term Debt Total 
0
0
0
0
67
0
393
232
2323930670000
       Other Liabilities 
0
0
0
0
0
16,761
23,509
0
023,50916,76100000
> Total Stockholder Equity
0
11,436
23,288
25,740
27,166
97,424
251,691
111,871
111,871251,69197,42427,16625,74023,28811,4360
   Common Stock
0
35,097
46,900
53,449
58,029
128,690
323,402
303,823
303,823323,402128,69058,02953,44946,90035,0970
   Retained Earnings Total Equity00000000
   Accumulated Other Comprehensive Income 
0
0
0
0
5,817
5,300
7,080
6,474
6,4747,0805,3005,8170000
   Capital Surplus 00000000
   Treasury Stock00000000
   Other Stockholders Equity 
0
5,486
5,498
5,470
5,817
5,300
7,080
-1,181
-1,1817,0805,3005,8175,4705,4985,4860



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, 2022-12-31)

Gross Profit (+$)
totalRevenue0
Cost of Revenue-0
Gross Profit00
 
Operating Income (+$)
Gross Profit0
Operating Expense-19,019
Operating Income-1,942-19,019
 
Operating Expense (+$)
Research Development0
Selling General Administrative15,013
Selling And Marketing Expenses0
Operating Expense19,01915,013
 
Net Interest Income (+$)
Interest Income476
Interest Expense-14,982
Other Finance Cost-14,982
Net Interest Income476
 
Pretax Income (+$)
Operating Income-1,942
Net Interest Income476
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-51,07830,592
EBIT - interestExpense = -16,924
-34,477
334,327
Interest Expense14,982
Earnings Before Interest and Taxes (EBIT)-1,942-36,096
Earnings Before Interest and Taxes (EBITDA)-1,773
 
After tax Income (+$)
Income Before Tax-51,078
Tax Provision-0
Net Income From Continuing Ops-51,078-51,078
Net Income319,345
Net Income Applicable To Common Shares319,345
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items370,423
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses19,019
Total Other Income/Expenses Net-32,535-476
 

Technical Analysis of Firefinch 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 Firefinch Ltd. The general trend of Firefinch Ltd is UNKNOWN with 0.0% 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 Firefinch 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 StateBullish trend Bearish trend
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 Firefinch Ltd.

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

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 0.2 < 0.2 < 0.2.

The bearish price targets are: 0.2 > 0.2 > 0.2.

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Firefinch 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 Firefinch Ltd. The current mas is .

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200

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

Firefinch 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 Firefinch Ltd.

Firefinch Ltd Daily Moving Average Convergence/Divergence (MACD) ChartFirefinch 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 Firefinch Ltd. The current adx is .

Firefinch 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 Firefinch Ltd.

Firefinch 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 Firefinch Ltd.

Firefinch Ltd Daily Relative Strength Index (RSI) ChartFirefinch 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 Firefinch Ltd.

Firefinch Ltd Daily Stochastic Oscillator ChartFirefinch 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 Firefinch Ltd.

Firefinch Ltd Daily Commodity Channel Index (CCI) ChartFirefinch 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 Firefinch Ltd.

Firefinch Ltd Daily Chande Momentum Oscillator (CMO) ChartFirefinch 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 Firefinch Ltd.

Firefinch Ltd Daily Williams %R ChartFirefinch 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 Firefinch Ltd.

Firefinch 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 Firefinch Ltd.

Firefinch Ltd Daily Average True Range (ATR) ChartFirefinch 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 Firefinch Ltd.

Firefinch Ltd Daily On-Balance Volume (OBV) ChartFirefinch 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 Firefinch Ltd.

Firefinch Ltd Daily Money Flow Index (MFI) ChartFirefinch Ltd Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Firefinch 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

6.3. Candlestick Patterns

Firefinch Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose0.200
Total0/1 (0.0%)
Penke

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