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Golden Mile Resources Ltd
Buy, Hold or Sell?

Let's analyse Golden Mile Resources Ltd together

PenkeI guess you are interested in Golden Mile Resources 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 Golden Mile Resources 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 Golden Mile Resources Ltd (30 sec.)










What can you expect buying and holding a share of Golden Mile Resources 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$0.03
How sure are you?
71.4%

+ What do you gain per year?

Total Gains per Share
A$0.02
Return On Investment
143.4%

For what price can you sell your share?

Current Price per Share
A$0.01
Expected price per share
A$0.012 - A$0.014
How sure are you?
50%

1. Valuation of Golden Mile Resources Ltd (5 min.)




Live pricePrice per Share (EOD)

A$0.01

Intrinsic Value Per Share

A$-0.07 - A$-0.03

Total Value Per Share

A$-0.05 - A$-0.02

2. Growth of Golden Mile Resources Ltd (5 min.)




Is Golden Mile Resources Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$4.2m$3m$1.1m26.9%

How much money is Golden Mile Resources Ltd making?

Current yearPrevious yearGrowGrow %
Making money-$887.9k-$658.1k-$229.8k-25.9%
Net Profit Margin-15,621.7%-269,729.4%--

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

3. Financial Health of Golden Mile Resources Ltd (5 min.)




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




  Industry Rankings (Other Industrial Metals & Mining)  


Richest
#595 / 888

Most Revenue
#406 / 888

Most Profit
#429 / 888

Most Efficient
#821 / 888

What can you expect buying and holding a share of Golden Mile Resources Ltd? (5 min.)

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

What can you expect buying and holding a share of Golden Mile Resources Ltd?

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

Speculation

The Price per Share of Golden Mile Resources Ltd is A$0.012. 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 Golden Mile Resources 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 Golden Mile Resources 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$0.00 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 Golden Mile Resources 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 Eps0.00-18.0%0.00-18.0%0.00-13.3%0.00-23.5%0.00-19.2%
Usd Book Value Change Per Share0.0023.0%0.0023.0%0.0027.0%0.006.5%0.0012.2%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.0023.0%0.0023.0%0.0027.0%0.006.5%0.0012.2%
Usd Price Per Share0.03-0.03-0.02-0.03-0.08-
Price to Earnings Ratio-15.72--15.72--11.40--14.30--63.18-
Price-to-Total Gains Ratio12.32-12.32-5.62-13.23--24.97-
Price to Book Ratio3.31-3.31-2.43-7.44-14.01-
Price-to-Total Gains Ratio12.32-12.32-5.62-13.23--24.97-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.0076848
Number of shares130127
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.000.00
Usd Total Gains Per Share0.000.00
Gains per Quarter (130127 shares)358.49101.79
Gains per Year (130127 shares)1,433.96407.14
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10143414240407397
20286828580814804
3043024292012211211
4057365726016291618
5071707160020362025
6086048594024432432
701003810028028502839
801147211462032573246
901290612896036643653
1001434014330040714060

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%0.07.00.00.0%0.07.00.00.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%5.02.00.071.4%5.02.00.071.4%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.07.00.0%0.00.07.00.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%5.02.00.071.4%5.02.00.071.4%

Fundamentals of Golden Mile Resources Ltd

About Golden Mile Resources Ltd

Golden Mile Resources Limited engages in the acquisition, exploration, and development of mineral properties in Western Australia. The company explores for gold, nickel, cobalt, copper, zinc, platinum group elements, lithium, and lead deposits. Golden Mile Resources Limited was incorporated in 2016 and is based in Perth, Australia.

Fundamental data was last updated by Penke on 2024-03-31 05:15:05.

Financial Health

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

Valuation

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

1.1. Profitability of Golden Mile Resources Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Golden Mile Resources Ltd earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Golden Mile Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • A Net Profit Margin of -15,621.7% means that $-156.22 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Golden Mile Resources Ltd:

  • The MRQ is -15,621.7%. The company is making a huge loss. -2
  • The TTM is -15,621.7%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-15,621.7%TTM-15,621.7%0.0%
TTM-15,621.7%YOY-269,729.4%+254,107.7%
TTM-15,621.7%5Y-215,364.0%+199,742.2%
5Y-215,364.0%10Y-166,900.2%-48,463.8%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-15,621.7%-72.5%-15,549.2%
TTM-15,621.7%-82.3%-15,539.4%
YOY-269,729.4%-69.1%-269,660.3%
5Y-215,364.0%-489.7%-214,874.3%
10Y-166,900.2%-933.8%-165,966.4%
1.1.2. Return on Assets

Shows how efficient Golden Mile Resources Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Golden Mile Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • -19.9% Return on Assets means that Golden Mile Resources Ltd generated $-0.20 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Golden Mile Resources Ltd:

  • The MRQ is -19.9%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -19.9%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-19.9%TTM-19.9%0.0%
TTM-19.9%YOY-20.0%+0.2%
TTM-19.9%5Y-88.5%+68.7%
5Y-88.5%10Y-67.2%-21.4%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-19.9%-9.2%-10.7%
TTM-19.9%-9.0%-10.9%
YOY-20.0%-8.3%-11.7%
5Y-88.5%-13.7%-74.8%
10Y-67.2%-19.8%-47.4%
1.1.3. Return on Equity

Shows how efficient Golden Mile Resources Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Golden Mile Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • -21.1% Return on Equity means Golden Mile Resources Ltd generated $-0.21 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Golden Mile Resources Ltd:

  • The MRQ is -21.1%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -21.1%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-21.1%TTM-21.1%0.0%
TTM-21.1%YOY-21.3%+0.3%
TTM-21.1%5Y-92.1%+71.1%
5Y-92.1%10Y-70.0%-22.2%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-21.1%-9.7%-11.4%
TTM-21.1%-9.6%-11.5%
YOY-21.3%-9.3%-12.0%
5Y-92.1%-14.5%-77.6%
10Y-70.0%-20.7%-49.3%

1.2. Operating Efficiency of Golden Mile Resources Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Golden Mile Resources Ltd is operating .

  • Measures how much profit Golden Mile Resources 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 Golden Mile Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • An Operating Margin of -15,242.9% means the company generated $-152.43  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Golden Mile Resources Ltd:

  • The MRQ is -15,242.9%. The company is operating very inefficient. -2
  • The TTM is -15,242.9%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-15,242.9%TTM-15,242.9%0.0%
TTM-15,242.9%YOY-262,176.4%+246,933.4%
TTM-15,242.9%5Y-212,864.4%+197,621.5%
5Y-212,864.4%10Y-165,162.8%-47,701.6%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-15,242.9%-417.7%-14,825.2%
TTM-15,242.9%-170.8%-15,072.1%
YOY-262,176.4%-136.7%-262,039.7%
5Y-212,864.4%-535.6%-212,328.8%
10Y-165,162.8%-948.8%-164,214.0%
1.2.2. Operating Ratio

Measures how efficient Golden Mile Resources Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • An Operation Ratio of 232.06 means that the operating costs are $232.06 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Golden Mile Resources Ltd:

  • The MRQ is 232.056. The company is inefficient in keeping operating costs low. -1
  • The TTM is 232.056. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ232.056TTM232.0560.000
TTM232.056YOY3,050.585-2,818.529
TTM232.0565Y1,697.598-1,465.542
5Y1,697.59810Y1,384.453+313.145
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ232.0562.239+229.817
TTM232.0562.181+229.875
YOY3,050.5852.275+3,048.310
5Y1,697.5988.358+1,689.240
10Y1,384.45311.725+1,372.728

1.3. Liquidity of Golden Mile Resources Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Golden Mile Resources Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • A Current Ratio of 6.07 means the company has $6.07 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Golden Mile Resources Ltd:

  • The MRQ is 6.073. The company is very able to pay all its short-term debts. +2
  • The TTM is 6.073. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ6.073TTM6.0730.000
TTM6.073YOY6.322-0.249
TTM6.0735Y7.840-1.767
5Y7.84010Y24.339-16.500
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ6.0732.391+3.682
TTM6.0732.561+3.512
YOY6.3223.585+2.737
5Y7.8404.006+3.834
10Y24.3394.774+19.565
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Golden Mile Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • A Quick Ratio of 6.05 means the company can pay off $6.05 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Golden Mile Resources Ltd:

  • The MRQ is 6.051. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 6.051. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ6.051TTM6.0510.000
TTM6.051YOY6.252-0.200
TTM6.0515Y7.672-1.621
5Y7.67210Y24.199-16.527
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ6.0510.939+5.112
TTM6.0510.920+5.131
YOY6.2521.107+5.145
5Y7.6721.359+6.313
10Y24.1991.517+22.682

1.4. Solvency of Golden Mile Resources Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Golden Mile Resources Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Golden Mile Resources Ltd to Other Industrial Metals & Mining industry mean.
  • A Debt to Asset Ratio of 0.06 means that Golden Mile Resources Ltd assets are financed with 5.7% credit (debt) and the remaining percentage (100% - 5.7%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Golden Mile Resources Ltd:

  • The MRQ is 0.057. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.057. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.057TTM0.0570.000
TTM0.057YOY0.062-0.005
TTM0.0575Y0.055+0.002
5Y0.05510Y0.051+0.004
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0570.186-0.129
TTM0.0570.188-0.131
YOY0.0620.140-0.078
5Y0.0550.212-0.157
10Y0.0510.249-0.198
1.4.2. Debt to Equity Ratio

Measures if Golden Mile Resources Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Golden Mile Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • A Debt to Equity ratio of 6.1% 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 Golden Mile Resources Ltd:

  • The MRQ is 0.061. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.061. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.061TTM0.0610.000
TTM0.061YOY0.067-0.006
TTM0.0615Y0.058+0.002
5Y0.05810Y0.054+0.004
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0610.201-0.140
TTM0.0610.206-0.145
YOY0.0670.142-0.075
5Y0.0580.222-0.164
10Y0.0540.244-0.190

2. Market Valuation of Golden Mile Resources 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 Golden Mile Resources Ltd generates.

  • Above 15 is considered overpriced but always compare Golden Mile Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • A PE ratio of -15.72 means the investor is paying $-15.72 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Golden Mile Resources Ltd:

  • The EOD is -3.559. Based on the earnings, the company is expensive. -2
  • The MRQ is -15.718. Based on the earnings, the company is expensive. -2
  • The TTM is -15.718. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-3.559MRQ-15.718+12.159
MRQ-15.718TTM-15.7180.000
TTM-15.718YOY-11.404-4.314
TTM-15.7185Y-14.297-1.421
5Y-14.29710Y-63.176+48.878
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-3.559-4.164+0.605
MRQ-15.718-5.384-10.334
TTM-15.718-5.536-10.182
YOY-11.404-8.378-3.026
5Y-14.297-10.987-3.310
10Y-63.176-12.075-51.101
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -1.965. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -8.680. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -8.680. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-1.965MRQ-8.680+6.715
MRQ-8.680TTM-8.6800.000
TTM-8.680YOY-5.960-2.720
TTM-8.6805Y-12.274+3.593
5Y-12.27410Y-44.826+32.552
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-1.965-4.286+2.321
MRQ-8.680-5.791-2.889
TTM-8.680-6.130-2.550
YOY-5.960-8.559+2.599
5Y-12.274-12.248-0.026
10Y-44.826-13.179-31.647
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • A PB ratio of 3.31 means the investor is paying $3.31 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Golden Mile Resources Ltd:

  • The EOD is 0.749. Based on the equity, the company is cheap. +2
  • The MRQ is 3.310. Based on the equity, the company is fair priced.
  • The TTM is 3.310. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD0.749MRQ3.310-2.561
MRQ3.310TTM3.3100.000
TTM3.310YOY2.434+0.876
TTM3.3105Y7.438-4.128
5Y7.43810Y14.008-6.571
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD0.7491.215-0.466
MRQ3.3101.510+1.800
TTM3.3101.576+1.734
YOY2.4342.240+0.194
5Y7.4382.387+5.051
10Y14.0082.893+11.115
2. Total Gains per Share

3. Holders & Insider Transactions

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

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Golden Mile Resources 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--0.0040.0040%0.005-15%0.001+252%0.002+88%
Book Value Per Share--0.0160.0160%0.012+37%0.010+65%0.010+60%
Current Ratio--6.0736.0730%6.322-4%7.840-23%24.339-75%
Debt To Asset Ratio--0.0570.0570%0.062-9%0.055+4%0.051+12%
Debt To Equity Ratio--0.0610.0610%0.067-9%0.058+4%0.054+12%
Dividend Per Share----0%-0%-0%-0%
Eps---0.003-0.0030%-0.002-26%-0.004+31%-0.004+7%
Free Cash Flow Per Share---0.006-0.0060%-0.005-22%-0.004-28%-0.004-30%
Free Cash Flow To Equity Per Share--0.0010.0010%0.002-60%0.001+27%0.001-12%
Gross Profit Margin--1.0541.0540%1.068-1%1.030+2%1.025+3%
Intrinsic Value_10Y_max---0.032--------
Intrinsic Value_10Y_min---0.068--------
Intrinsic Value_1Y_max---0.004--------
Intrinsic Value_1Y_min---0.006--------
Intrinsic Value_3Y_max---0.012--------
Intrinsic Value_3Y_min---0.018--------
Intrinsic Value_5Y_max---0.019--------
Intrinsic Value_5Y_min---0.032--------
Market Cap4934676.096-342%21794819.42421794819.4240%11719855.728+86%19944315.888+9%51256010.640-57%
Net Profit Margin---156.217-156.2170%-2697.294+1627%-2153.640+1279%-1669.002+968%
Operating Margin---152.429-152.4290%-2621.764+1620%-2128.644+1296%-1651.628+984%
Operating Ratio--232.056232.0560%3050.585-92%1697.598-86%1384.453-83%
Pb Ratio0.749-342%3.3103.3100%2.434+36%7.438-55%14.008-76%
Pe Ratio-3.559+77%-15.718-15.7180%-11.404-27%-14.297-9%-63.176+302%
Price Per Share0.012-342%0.0530.0530%0.029+86%0.049+9%0.125-57%
Price To Free Cash Flow Ratio-1.965+77%-8.680-8.6800%-5.960-31%-12.274+41%-44.826+416%
Price To Total Gains Ratio2.789-342%12.32012.3200%5.624+119%13.232-7%-24.966+303%
Quick Ratio--6.0516.0510%6.252-3%7.672-21%24.199-75%
Return On Assets---0.199-0.1990%-0.200+1%-0.885+346%-0.672+238%
Return On Equity---0.211-0.2110%-0.213+1%-0.921+337%-0.700+232%
Total Gains Per Share--0.0040.0040%0.005-15%0.001+252%0.002+88%
Usd Book Value--4216695.8694216695.8690%3083807.776+37%2558956.301+65%2639121.243+60%
Usd Book Value Change Per Share--0.0030.0030%0.003-15%0.001+252%0.001+88%
Usd Book Value Per Share--0.0100.0100%0.007+37%0.006+65%0.006+60%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.002-0.0020%-0.002-26%-0.003+31%-0.002+7%
Usd Free Cash Flow---1607924.645-1607924.6450%-1259288.964-22%-1164125.396-28%-1120823.323-30%
Usd Free Cash Flow Per Share---0.004-0.0040%-0.003-22%-0.003-28%-0.003-30%
Usd Free Cash Flow To Equity Per Share--0.0010.0010%0.002-60%0.000+27%0.001-12%
Usd Market Cap3160166.572-342%13957402.35913957402.3590%7505395.608+86%12772339.895+9%32824349.214-57%
Usd Price Per Share0.008-342%0.0340.0340%0.018+86%0.031+9%0.080-57%
Usd Profit---887969.034-887969.0340%-658119.228-26%-1157130.691+30%-940784.103+6%
Usd Revenue--5684.1905684.1900%243.992+2230%3231.074+76%6696.480-15%
Usd Total Gains Per Share--0.0030.0030%0.003-15%0.001+252%0.001+88%
 EOD+2 -6MRQTTM+0 -0YOY+17 -175Y+24 -1010Y+19 -15

4.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-3.559
Price to Book Ratio (EOD)Between0-10.749
Net Profit Margin (MRQ)Greater than0-156.217
Operating Margin (MRQ)Greater than0-152.429
Quick Ratio (MRQ)Greater than16.051
Current Ratio (MRQ)Greater than16.073
Debt to Asset Ratio (MRQ)Less than10.057
Debt to Equity Ratio (MRQ)Less than10.061
Return on Equity (MRQ)Greater than0.15-0.211
Return on Assets (MRQ)Greater than0.05-0.199
Total5/10 (50.0%)

4.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5046.759
Ma 20Greater thanMa 500.012
Ma 50Greater thanMa 1000.012
Ma 100Greater thanMa 2000.015
OpenGreater thanClose0.014
Total2/5 (40.0%)



Latest Balance Sheet

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

Summary
Total Assets6,983
Total Liabilities399
Total Stockholder Equity6,584
 As reported
Total Liabilities 399
Total Stockholder Equity+ 6,584
Total Assets = 6,983

Assets

Total Assets6,983
Total Current Assets2,421
Long-term Assets4,562
Total Current Assets
Cash And Cash Equivalents 2,357
Net Receivables 55
Other Current Assets 9
Total Current Assets  (as reported)2,421
Total Current Assets  (calculated)2,421
+/-0
Long-term Assets
Property Plant Equipment 4,562
Long-term Assets Other 0
Long-term Assets  (as reported)4,562
Long-term Assets  (calculated)4,562
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities399
Long-term Liabilities0
Total Stockholder Equity6,584
Total Current Liabilities
Accounts payable 298
Other Current Liabilities 100
Total Current Liabilities  (as reported)399
Total Current Liabilities  (calculated)399
+/-0
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Common Stock14,909
Retained Earnings -9,928
Accumulated Other Comprehensive Income 1,604
Total Stockholder Equity (as reported)6,584
Total Stockholder Equity (calculated)6,584
+/-0
Other
Capital Stock14,909
Cash and Short Term Investments 2,357
Common Stock Shares Outstanding 225,526
Liabilities and Stockholders Equity 6,983
Net Debt -2,357
Net Invested Capital 6,584
Net Tangible Assets 6,584
Net Working Capital 2,022
Property Plant and Equipment Gross 4,562



Balance Sheet

Currency in AUD. All numbers in thousands.

 Trend2023-06-302022-06-302021-06-302020-06-302019-06-302018-06-302017-06-30
> Total Assets 
4,829
4,405
4,826
1,301
2,947
5,136
6,983
6,9835,1362,9471,3014,8264,4054,829
   > Total Current Assets 
4,275
1,724
1,201
696
1,057
2,029
2,421
2,4212,0291,0576961,2011,7244,275
       Cash And Cash Equivalents 
4,260
1,589
1,127
625
967
1,962
2,357
2,3571,9629676251,1271,5894,260
       Net Receivables 
15
88
30
52
71
45
55
55457152308815
   > Long-term Assets 
554
2,681
3,625
605
1,891
3,107
4,562
4,5623,1071,8916053,6252,681554
       Property Plant Equipment 
554
2,681
3,625
605
1,891
3,107
4,562
4,5623,1071,8916053,6252,681554
       Other Assets 
0
0
0
0
0
0
0
0000000
> Total Liabilities 
34
332
238
41
216
321
399
3993212164123833234
   > Total Current Liabilities 
34
332
238
41
216
321
399
3993212164123833234
       Accounts payable 
27
255
200
6
90
218
298
29821890620025527
       Other Current Liabilities 
362
77
38
35
126
103
100
100103126353877362
   > Long-term Liabilities 
0
0
200
6
90
218
0
021890620000
> Total Stockholder Equity
4,795
4,073
4,588
1,260
2,732
4,815
6,584
6,5844,8152,7321,2604,5884,0734,795
   Common Stock
5,152
5,109
6,497
7,460
9,619
12,425
14,909
14,90912,4259,6197,4606,4975,1095,152
   Retained Earnings -9,928-8,724-7,753-6,545-2,213-1,249-550
   Accumulated Other Comprehensive Income 
193
213
304
346
866
1,115
1,604
1,6041,115866346304213193
   Capital Surplus 0000000
   Treasury Stock0000000



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 (+$)
totalRevenue9
Cost of Revenue-724
Gross Profit9-715
 
Operating Income (+$)
Gross Profit9
Operating Expense-1,336
Operating Income-1,336-1,327
 
Operating Expense (+$)
Research Development0
Selling General Administrative1,142
Selling And Marketing Expenses74
Operating Expense1,3361,217
 
Net Interest Income (+$)
Interest Income9
Interest Expense-0
Other Finance Cost-0
Net Interest Income9
 
Pretax Income (+$)
Operating Income-1,336
Net Interest Income9
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-1,387-1,284
EBIT - interestExpense = -1,353
-1,404
-1,387
Interest Expense0
Earnings Before Interest and Taxes (EBIT)-1,353-1,387
Earnings Before Interest and Taxes (EBITDA)-1,336
 
After tax Income (+$)
Income Before Tax-1,387
Tax Provision-0
Net Income From Continuing Ops-1,387-1,387
Net Income-1,387
Net Income Applicable To Common Shares-1,387
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses1,336
Total Other Income/Expenses Net-51-9
 

Technical Analysis of Golden Mile Resources 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 Golden Mile Resources Ltd. The general trend of Golden Mile Resources Ltd is BEARISH with 57.1% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Golden Mile Resources 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 (-57.1%) Bearish trend (57.1%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

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

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


Score

Let's take a look at the Support & Resistance of Golden Mile Resources 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: 0.014 < 0.014 < 0.014.

The bearish price targets are: 0.013 > 0.013 > 0.012.

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Golden Mile Resources 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 Golden Mile Resources Ltd. The current mas is .

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

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

Directionalities and relatives.

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

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

Golden Mile Resources 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 Golden Mile Resources Ltd. The current macd is 0.00023387.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-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 Golden Mile Resources 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 Golden Mile Resources 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 Golden Mile Resources 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 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
Golden Mile Resources Ltd Daily Moving Average Convergence/Divergence (MACD) ChartGolden Mile Resources 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 Golden Mile Resources Ltd. The current adx is 22.36.

The long score for the Directional Movement Index (DMI) is 1/7.
The longshort score for the Directional Movement Index (DMI) is 1/(-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 Golden Mile Resources Ltd shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Golden Mile Resources 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 Golden Mile Resources Ltd. The current sar is 0.01148288.

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
Golden Mile Resources Ltd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Golden Mile Resources Ltd. The current rsi is 46.76. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending down: The RSI is trending down. -1
Golden Mile Resources Ltd Daily Relative Strength Index (RSI) ChartGolden Mile Resources 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 Golden Mile Resources Ltd. The current phase is Oversold in bear market.

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

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -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 Golden Mile Resources Ltd price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Golden Mile Resources Ltd Daily Stochastic Oscillator ChartGolden Mile Resources 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 Golden Mile Resources Ltd. The current cci is 23.26.

Golden Mile Resources Ltd Daily Commodity Channel Index (CCI) ChartGolden Mile Resources 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 Golden Mile Resources Ltd. The current cmo is -12.35426232.

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
Golden Mile Resources Ltd Daily Chande Momentum Oscillator (CMO) ChartGolden Mile Resources 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 Golden Mile Resources Ltd. The current willr is -100.

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

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Golden Mile Resources Ltd Daily Williams %R ChartGolden Mile Resources Ltd Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Golden Mile Resources Ltd.

Golden Mile Resources 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 Golden Mile Resources Ltd. The current atr is 0.0007932.

Golden Mile Resources Ltd Daily Average True Range (ATR) ChartGolden Mile Resources Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Golden Mile Resources Ltd. The current obv is 108,513,910.

Golden Mile Resources Ltd Daily On-Balance Volume (OBV) ChartGolden Mile Resources 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 Golden Mile Resources Ltd. The current mfi is 42.99.

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
Golden Mile Resources Ltd Daily Money Flow Index (MFI) ChartGolden Mile Resources Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Golden Mile Resources 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
2023-11-23DMI 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
2023-11-24MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-27MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-28CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-29DMI 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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-30STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-01DMI 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
2023-12-05CCI 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).
2023-12-06STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-07STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-08STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-11DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-12-12DMI 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.
2023-12-13WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-15CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-19BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-20STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-27DMI 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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-28MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-12-29STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-02SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-03CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-04CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-05STOCH 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).
2024-01-08STOCH 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).
2024-01-09STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-11DMI 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
2024-01-15MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-16STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-17STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-18CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
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).
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-25STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-01CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-05MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-06RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-02-07ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-09MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-12SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-13STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-16STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-19STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-20CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-22DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-23DMI 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.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-27CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-28MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-02-29CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-04SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-05CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-08CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-12STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-13STOCH 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
2024-03-15SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-18CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-21CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-22STOCH 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).
2024-03-26STOCH 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).
2024-03-28CCI 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).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-04-02STOCH 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
2024-04-03MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-04-05CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-09STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-10ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-15CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-16STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-17CMO 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).

6.3. Candlestick Patterns

Golden Mile Resources Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5046.759
Ma 20Greater thanMa 500.012
Ma 50Greater thanMa 1000.012
Ma 100Greater thanMa 2000.015
OpenGreater thanClose0.014
Total2/5 (40.0%)
Penke

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