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Galane Gold Ltd
Buy, Hold or Sell?

Let's analyse Galane Gold Ltd together

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










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

How much money do you get?

How much money do you get?
C$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
C$0.61
Expected worth in 1 year
C$0.56
How sure are you?
50.0%

+ What do you gain per year?

Total Gains per Share
C$-0.05
Return On Investment
-20.6%

For what price can you sell your share?

Current Price per Share
C$0.26
Expected price per share
C$0.22 - C$0.33
How sure are you?
50%

1. Valuation of Galane Gold Ltd (5 min.)




Live pricePrice per Share (EOD)

C$0.26

Intrinsic Value Per Share

C$-0.19 - C$-0.21

Total Value Per Share

C$0.43 - C$0.40

2. Growth of Galane Gold Ltd (5 min.)




Is Galane Gold Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$32m$34.1m-$1.6m-5.2%

How much money is Galane Gold Ltd making?

Current yearPrevious yearGrowGrow %
Making money-$730.5k-$1.6m$965.6k132.2%
Net Profit Margin-31.2%7.1%--

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

3. Financial Health of Galane Gold Ltd (5 min.)




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




  Industry Rankings (Gold)  


Richest
#163 / 509

Most Revenue
#131 / 509

Most Profit
#285 / 509

Most Efficient
#400 / 509

What can you expect buying and holding a share of Galane Gold Ltd? (5 min.)

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

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

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

Speculation

The Price per Share of Galane Gold Ltd is C$0.26. 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 Galane Gold 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 Galane Gold 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 C$0.61. Based on the TTM, the Book Value Change Per Share is C$-0.01 per quarter. Based on the YOY, the Book Value Change Per Share is C$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 C$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Galane Gold Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 C$% of Price per ShareC$% of Price per ShareC$% of Price per ShareC$% of Price per ShareC$% of Price per Share
Usd Eps0.00-0.1%-0.01-3.1%0.00-0.8%0.00-0.5%0.00-1.1%
Usd Book Value Change Per Share0.00-0.1%-0.01-3.8%0.0936.5%0.026.3%0.026.2%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.00-0.1%-0.01-3.8%0.0936.5%0.026.3%0.026.2%
Usd Price Per Share0.09-0.17-0.08-0.11-0.09-
Price to Earnings Ratio-111.05--31.50-28.98-4.62-3.22-
Price-to-Total Gains Ratio-516.51--142.79-6.73--33.75--24.21-
Price to Book Ratio0.20-0.37-0.71-0.88-0.75-
Price-to-Total Gains Ratio-516.51--142.79-6.73--33.75--24.21-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.191438
Number of shares5223
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.010.02
Usd Total Gains Per Share-0.010.02
Gains per Quarter (5223 shares)-51.5285.05
Gains per Year (5223 shares)-206.07340.19
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-206-2160340330
20-412-4220680670
30-618-628010211010
40-824-834013611350
50-1030-1040017011690
60-1236-1246020412030
70-1442-1452023812370
80-1649-1658027222710
90-1855-1864030623050
100-2061-2070034023390

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.04.00.00.0%6.06.00.050.0%10.010.00.050.0%13.015.00.046.4%13.015.00.046.4%
Book Value Change Per Share0.04.00.00.0%5.07.00.041.7%10.010.00.050.0%14.014.00.050.0%14.014.00.050.0%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.020.00.0%0.00.028.00.0%0.00.028.00.0%
Total Gains per Share0.04.00.00.0%5.07.00.041.7%10.010.00.050.0%14.014.00.050.0%14.014.00.050.0%

Fundamentals of Galane Gold Ltd

About Galane Gold Ltd

Golconda Gold Ltd. engages in the exploration, development, and operation of gold mining properties in Canada, the United States, and South Africa. It operates the Galaxy Property situated in the Republic of South Africa. The company was formerly known as Galane Gold Ltd. and changed its name to Golconda Gold Ltd. in October 2022. The company is headquartered in Toronto, Canada.

Fundamental data was last updated by Penke on 2024-03-09 14:26:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable to pay all its short-term debts.
The company is just not 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 cheap.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Galane Gold Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Galane Gold Ltd to the Gold industry mean.
  • A Net Profit Margin of -0.5% 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 Galane Gold Ltd:

  • The MRQ is -0.5%. The company is not making a profit/loss.
  • The TTM is -31.2%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-0.5%TTM-31.2%+30.7%
TTM-31.2%YOY7.1%-38.2%
TTM-31.2%5Y-3.7%-27.4%
5Y-3.7%10Y-6.1%+2.3%
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.5%-3.2%+2.7%
TTM-31.2%-4.9%-26.3%
YOY7.1%-4.0%+11.1%
5Y-3.7%-17.8%+14.1%
10Y-6.1%-23.5%+17.4%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Galane Gold Ltd to the Gold industry mean.
  • 0.0% Return on Assets means that Galane Gold Ltd generated $0.00 profit for each $1 in assets.

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

  • The MRQ is 0.0%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -1.7%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ0.0%TTM-1.7%+1.7%
TTM-1.7%YOY-2.8%+1.1%
TTM-1.7%5Y-0.6%-1.1%
5Y-0.6%10Y-0.9%+0.2%
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0%-3.8%+3.8%
TTM-1.7%-4.1%+2.4%
YOY-2.8%-4.3%+1.5%
5Y-0.6%-6.3%+5.7%
10Y-0.9%-8.0%+7.1%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Galane Gold Ltd to the Gold industry mean.
  • 0.0% Return on Equity means Galane Gold Ltd generated $0.00 for each $1 the owners (shareholders) invested.

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

  • The MRQ is 0.0%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -2.2%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ0.0%TTM-2.2%+2.2%
TTM-2.2%YOY-5.4%+3.2%
TTM-2.2%5Y-1.4%-0.9%
5Y-1.4%10Y-2.6%+1.3%
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0%-3.7%+3.7%
TTM-2.2%-4.1%+1.9%
YOY-5.4%-4.7%-0.7%
5Y-1.4%-7.3%+5.9%
10Y-2.6%-9.9%+7.3%

1.2. Operating Efficiency of Galane Gold Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Galane Gold Ltd is operating .

  • Measures how much profit Galane Gold 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 Galane Gold 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 Galane Gold Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-16.3%+16.3%
TTM-16.3%YOY-4.5%-11.8%
TTM-16.3%5Y0.5%-16.8%
5Y0.5%10Y-2.1%+2.6%
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ--3.4%+3.4%
TTM-16.3%2.9%-19.2%
YOY-4.5%1.2%-5.7%
5Y0.5%-8.3%+8.8%
10Y-2.1%-16.3%+14.2%
1.2.2. Operating Ratio

Measures how efficient Galane Gold Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Gold industry mean).
  • An Operation Ratio of 1.63 means that the operating costs are $1.63 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Galane Gold Ltd:

  • The MRQ is 1.628. The company is inefficient in keeping operating costs low. -1
  • The TTM is 2.285. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.628TTM2.285-0.657
TTM2.285YOY1.871+0.414
TTM2.2855Y1.933+0.352
5Y1.93310Y1.981-0.047
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ1.6281.410+0.218
TTM2.2851.320+0.965
YOY1.8711.394+0.477
5Y1.9331.497+0.436
10Y1.9811.450+0.531

1.3. Liquidity of Galane Gold Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Galane Gold 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 0.18 means the company has $0.18 in assets for each $1 in short-term debts.

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

  • The MRQ is 0.179. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.230. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.179TTM0.230-0.051
TTM0.230YOY0.648-0.418
TTM0.2305Y0.474-0.244
5Y0.47410Y0.501-0.027
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1792.482-2.303
TTM0.2302.573-2.343
YOY0.6483.584-2.936
5Y0.4744.058-3.584
10Y0.5014.609-4.108
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Galane Gold Ltd to the Gold industry mean.
  • A Quick Ratio of 0.01 means the company can pay off $0.01 for each $1 in debt (using most liquid assets).

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

  • The MRQ is 0.012. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.093. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.012TTM0.093-0.081
TTM0.093YOY0.121-0.028
TTM0.0935Y0.085+0.008
5Y0.08510Y0.080+0.006
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0120.715-0.703
TTM0.0930.636-0.543
YOY0.1211.015-0.894
5Y0.0851.265-1.180
10Y0.0801.372-1.292

1.4. Solvency of Galane Gold Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Galane Gold Ltd to Gold industry mean.
  • A Debt to Asset Ratio of 0.24 means that Galane Gold Ltd assets are financed with 24.1% credit (debt) and the remaining percentage (100% - 24.1%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.241. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.234. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.241TTM0.234+0.007
TTM0.234YOY0.313-0.080
TTM0.2345Y0.494-0.260
5Y0.49410Y0.556-0.062
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2410.186+0.055
TTM0.2340.189+0.045
YOY0.3130.167+0.146
5Y0.4940.220+0.274
10Y0.5560.247+0.309
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Galane Gold Ltd to the Gold industry mean.
  • A Debt to Equity ratio of 31.8% means that company has $0.32 debt for each $1 in shareholders equity.

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

  • The MRQ is 0.318. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.305. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.318TTM0.305+0.012
TTM0.305YOY0.513-0.207
TTM0.3055Y1.269-0.963
5Y1.26910Y1.623-0.354
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3180.188+0.130
TTM0.3050.195+0.110
YOY0.5130.184+0.329
5Y1.2690.240+1.029
10Y1.6230.282+1.341

2. Market Valuation of Galane Gold 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 Galane Gold Ltd generates.

  • Above 15 is considered overpriced but always compare Galane Gold Ltd to the Gold industry mean.
  • A PE ratio of -111.05 means the investor is paying $-111.05 for every $1 in earnings.

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

  • The EOD is -240.614. Based on the earnings, the company is expensive. -2
  • The MRQ is -111.052. Based on the earnings, the company is expensive. -2
  • The TTM is -31.499. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-240.614MRQ-111.052-129.561
MRQ-111.052TTM-31.499-79.553
TTM-31.499YOY28.975-60.474
TTM-31.4995Y4.619-36.119
5Y4.61910Y3.225+1.395
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
EOD-240.614-3.239-237.375
MRQ-111.052-3.687-107.365
TTM-31.499-4.059-27.440
YOY28.975-6.669+35.644
5Y4.619-9.017+13.636
10Y3.225-9.291+12.516
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 9.721. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 4.487. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is -2.968. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD9.721MRQ4.487+5.234
MRQ4.487TTM-2.968+7.454
TTM-2.968YOY5.967-8.934
TTM-2.9685Y10.984-13.952
5Y10.98410Y5.778+5.206
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
EOD9.721-3.432+13.153
MRQ4.487-3.906+8.393
TTM-2.968-4.728+1.760
YOY5.967-6.758+12.725
5Y10.984-10.478+21.462
10Y5.778-11.495+17.273
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Galane Gold 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 0.20 means the investor is paying $0.20 for each $1 in book value.

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

  • The EOD is 0.426. Based on the equity, the company is cheap. +2
  • The MRQ is 0.197. Based on the equity, the company is cheap. +2
  • The TTM is 0.374. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.426MRQ0.197+0.229
MRQ0.197TTM0.374-0.178
TTM0.374YOY0.711-0.336
TTM0.3745Y0.882-0.508
5Y0.88210Y0.755+0.127
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
EOD0.4261.074-0.648
MRQ0.1971.178-0.981
TTM0.3741.248-0.874
YOY0.7111.807-1.096
5Y0.8822.425-1.543
10Y0.7552.542-1.787
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Galane Gold 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--0.000-0.013+5666%0.129-100%0.022-101%0.022-101%
Book Value Per Share--0.6110.619-1%0.263+132%0.254+141%0.227+169%
Current Ratio--0.1790.230-22%0.648-72%0.474-62%0.501-64%
Debt To Asset Ratio--0.2410.234+3%0.313-23%0.494-51%0.556-57%
Debt To Equity Ratio--0.3180.305+4%0.513-38%1.269-75%1.623-80%
Dividend Per Share----0%-0%-0%-0%
Eps--0.000-0.011+3986%-0.003+909%-0.002+603%-0.004+1329%
Free Cash Flow Per Share--0.007-0.008+219%0.002+244%-0.007+200%-0.002+136%
Free Cash Flow To Equity Per Share--0.005-0.002+144%0.002+147%-0.003+163%-0.002+137%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---0.210--------
Intrinsic Value_10Y_min---0.185--------
Intrinsic Value_1Y_max---0.029--------
Intrinsic Value_1Y_min---0.029--------
Intrinsic Value_3Y_max---0.082--------
Intrinsic Value_3Y_min---0.078--------
Intrinsic Value_5Y_max---0.127--------
Intrinsic Value_5Y_min---0.118--------
Market Cap18531056.960+54%8552797.08016571044.343-48%32607538.498-74%28292786.548-70%22379497.177-62%
Net Profit Margin---0.005-0.312+6505%0.071-107%-0.037+691%-0.061+1188%
Operating Margin----0.1630%-0.0450%0.005-100%-0.0210%
Operating Ratio--1.6282.285-29%1.871-13%1.933-16%1.981-18%
Pb Ratio0.426+54%0.1970.374-47%0.711-72%0.882-78%0.755-74%
Pe Ratio-240.614-117%-111.052-31.499-72%28.975-483%4.619-2504%3.225-3544%
Price Per Share0.260+54%0.1200.233-48%0.108+12%0.149-19%0.125-4%
Price To Free Cash Flow Ratio9.721+54%4.487-2.968+166%5.967-25%10.984-59%5.778-22%
Price To Total Gains Ratio-1119.100-117%-516.508-142.795-72%6.729-7776%-33.745-93%-24.209-95%
Quick Ratio--0.0120.093-87%0.121-90%0.085-86%0.080-85%
Return On Assets--0.000-0.017+5023%-0.028+8307%-0.006+1761%-0.009+2473%
Return On Equity--0.000-0.022+4924%-0.054+12126%-0.014+2979%-0.026+5828%
Total Gains Per Share--0.000-0.013+5666%0.129-100%0.022-101%0.022-101%
Usd Book Value--32044548.74532477664.487-1%34176051.233-6%24929394.842+29%21601139.388+48%
Usd Book Value Change Per Share--0.000-0.010+5666%0.095-100%0.016-101%0.016-101%
Usd Book Value Per Share--0.4500.456-1%0.194+132%0.187+141%0.167+169%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps--0.000-0.008+3986%-0.002+909%-0.001+603%-0.003+1329%
Usd Free Cash Flow--350902.631-417099.951+219%1150872.532-70%-716023.311+304%-307375.937+188%
Usd Free Cash Flow Per Share--0.005-0.006+219%0.001+244%-0.005+200%-0.002+136%
Usd Free Cash Flow To Equity Per Share--0.004-0.002+144%0.002+147%-0.002+163%-0.001+137%
Usd Market Cap13644417.240+54%6297424.49012201259.949-48%24008930.596-74%20831978.735-70%16478023.772-62%
Usd Price Per Share0.191+54%0.0880.171-48%0.079+12%0.109-19%0.092-4%
Usd Profit---14176.692-730538.718+5053%-1696206.332+11865%-278860.751+1867%-394672.156+2684%
Usd Revenue--3003919.3962515512.405+19%-4542260.252+251%6254319.845-52%7271649.698-59%
Usd Total Gains Per Share--0.000-0.010+5666%0.095-100%0.016-101%0.016-101%
 EOD+4 -4MRQTTM+20 -12YOY+19 -135Y+21 -1210Y+21 -11

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-240.614
Price to Book Ratio (EOD)Between0-10.426
Net Profit Margin (MRQ)Greater than0-0.005
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.012
Current Ratio (MRQ)Greater than10.179
Debt to Asset Ratio (MRQ)Less than10.241
Debt to Equity Ratio (MRQ)Less than10.318
Return on Equity (MRQ)Greater than0.150.000
Return on Assets (MRQ)Greater than0.050.000
Total3/10 (30.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5062.083
Ma 20Greater thanMa 500.209
Ma 50Greater thanMa 1000.184
Ma 100Greater thanMa 2000.170
OpenGreater thanClose0.245
Total4/5 (80.0%)



Reversals in quarterly reports

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

 2022-09-302022-12-312023-03-312023-06-302023-09-30
Operating Income  -1,242-708-1,950653-1,298727-571949378



Latest Balance Sheet

Balance Sheet of 2023-09-30. Currency in USD. All numbers in thousands.

Summary
Total Assets42,216
Total Liabilities10,178
Total Stockholder Equity32,038
 As reported
Total Liabilities 10,178
Total Stockholder Equity+ 32,038
Total Assets = 42,216

Assets

Total Assets42,216
Total Current Assets1,450
Long-term Assets40,766
Total Current Assets
Cash And Cash Equivalents 144
Net Receivables 99
Inventory 204
Total Current Assets  (as reported)1,450
Total Current Assets  (calculated)447
+/- 1,003
Long-term Assets
Property Plant Equipment 40,766
Long-term Assets  (as reported)40,766
Long-term Assets  (calculated)40,766
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities8,101
Long-term Liabilities2,077
Total Stockholder Equity32,038
Total Current Liabilities
Short Long Term Debt 4,328
Accounts payable 2,903
Total Current Liabilities  (as reported)8,101
Total Current Liabilities  (calculated)7,231
+/- 870
Long-term Liabilities
Long-term Liabilities  (as reported)2,077
Long-term Liabilities  (calculated)0
+/- 2,077
Total Stockholder Equity
Total Stockholder Equity (as reported)32,038
Total Stockholder Equity (calculated)0
+/- 32,038
Other
Capital Stock58,149
Common Stock Shares Outstanding 71,273
Net Debt 4,185
Net Invested Capital 36,367
Net Working Capital -6,650
Property Plant and Equipment Gross 44,281



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-31
> Total Assets 
48,628
46,304
45,258
44,256
46,552
45,370
46,399
44,245
46,355
46,312
49,366
49,089
48,258
46,634
48,463
51,832
54,147
53,694
66,310
66,315
58,786
60,234
43,287
43,012
42,619
42,194
42,495
42,216
42,21642,49542,19442,61943,01243,28760,23458,78666,31566,31053,69454,14751,83248,46346,63448,25849,08949,36646,31246,35544,24546,39945,37046,55244,25645,25846,30448,628
   > Total Current Assets 
9,119
7,473
7,408
8,310
8,906
8,530
10,033
8,636
10,433
7,606
9,511
9,304
9,346
7,766
10,108
12,297
11,560
9,409
10,033
10,002
20,128
19,167
2,112
1,653
2,046
1,632
1,892
1,450
1,4501,8921,6322,0461,6532,11219,16720,12810,00210,0339,40911,56012,29710,1087,7669,3469,3049,5117,60610,4338,63610,0338,5308,9068,3107,4087,4739,119
       Cash And Cash Equivalents 
824
1,241
1,200
1,757
2,551
2,435
3,685
3,057
4,173
2,317
3,837
3,222
2,202
1,098
3,603
5,333
4,972
2,906
2,772
2,720
890
523
414
344
639
516
267
144
1442675166393444145238902,7202,7722,9064,9725,3333,6031,0982,2023,2223,8372,3174,1733,0573,6852,4352,5511,7571,2001,241824
       Net Receivables 
795
984
965
1,041
966
1,048
1,145
1,020
1,003
238
436
801
1,552
1,341
1,875
2,884
1,610
1,428
2,179
2,730
450
595
1,265
715
763
771
1,222
99
991,2227717637151,2655954502,7302,1791,4281,6102,8841,8751,3411,5528014362381,0031,0201,1451,0489661,041965984795
       Inventory 
6,926
4,855
5,058
5,196
4,772
4,512
4,642
3,986
4,410
3,629
3,978
3,947
4,947
4,899
4,173
3,947
4,598
4,542
4,536
4,214
447
666
324
543
444
344
285
204
2042853444445433246664474,2144,5364,5424,5983,9474,1734,8994,9473,9473,9783,6294,4103,9864,6424,5124,7725,1965,0584,8556,926
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
38,705
39,856
39,784
38,913
38,867
38,355
39,535
42,587
44,286
56,276
56,313
38,658
41,067
41,175
41,359
40,574
40,563
40,602
40,766
40,76640,60240,56340,57441,35941,17541,06738,65856,31356,27644,28642,58739,53538,35538,86738,91339,78439,85638,705000000000
       Property Plant Equipment 
39,509
38,831
37,850
35,946
37,646
36,840
36,367
35,609
35,922
38,439
39,630
39,558
38,913
38,867
38,355
39,535
41,418
43,101
55,048
55,150
38,658
41,067
41,175
41,359
40,574
40,563
40,602
40,766
40,76640,60240,56340,57441,35941,17541,06738,65855,15055,04843,10141,41839,53538,35538,86738,91339,55839,63038,43935,92235,60936,36736,84037,64635,94637,85038,83139,509
       Other Assets 
0
0
0
0
0
0
0
0
0
266
226
226
0
0
0
0
1,169
1,185
1,229
1,163
0
0
0
0
0
0
0
0
000000001,1631,2291,1851,1690000226226266000000000
> Total Liabilities 
32,606
34,483
34,669
32,307
32,460
32,686
31,258
30,318
31,370
33,539
36,394
35,580
35,340
31,997
34,139
32,042
30,333
30,236
33,861
30,016
27,095
25,838
7,546
8,162
9,272
9,745
10,444
10,178
10,17810,4449,7459,2728,1627,54625,83827,09530,01633,86130,23630,33332,04234,13931,99735,34035,58036,39433,53931,37030,31831,25832,68632,46032,30734,66934,48332,606
   > Total Current Liabilities 
17,662
20,601
22,295
19,969
19,784
11,886
11,052
10,347
13,269
14,126
17,338
15,789
23,664
21,098
23,274
21,404
23,997
24,036
23,128
23,038
23,121
21,188
4,201
5,291
6,895
7,453
8,392
8,101
8,1018,3927,4536,8955,2914,20121,18823,12123,03823,12824,03623,99721,40423,27421,09823,66415,78917,33814,12613,26910,34711,05211,88619,78419,96922,29520,60117,662
       Short-term Debt 
15,458
16,465
16,473
7,973
8,399
521
739
979
3,910
6,100
7,695
7,174
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000007,1747,6956,1003,9109797395218,3997,97316,47316,46515,458
       Short Long Term Debt 
15,458
16,465
16,473
7,973
8,399
521
739
979
3,910
6,100
7,695
7,174
12,301
12,145
12,307
11,325
14,009
12,941
10,808
10,292
2,317
1,309
1,139
1,879
3,025
3,532
4,138
4,328
4,3284,1383,5323,0251,8791,1391,3092,31710,29210,80812,94114,00911,32512,30712,14512,3017,1747,6956,1003,9109797395218,3997,97316,47316,46515,458
       Accounts payable 
9,567
10,088
9,983
7,602
8,761
8,949
8,245
7,272
7,475
6,068
7,425
6,308
7,922
6,248
6,792
7,968
7,929
8,964
10,104
10,487
2,303
2,399
2,670
3,158
3,376
3,921
3,578
2,903
2,9033,5783,9213,3763,1582,6702,3992,30310,48710,1048,9647,9297,9686,7926,2487,9226,3087,4256,0687,4757,2728,2458,9498,7617,6029,98310,0889,567
       Other Current Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
1,229
548
2,199
0
0
0
0
0
18,271
17,272
0
0
0
0
0
0
00000017,27218,271000002,1995481,229000000000000
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
19,413
19,056
19,791
11,676
10,899
10,864
10,638
6,336
6,201
10,734
6,978
3,974
4,650
3,345
2,872
2,377
2,292
2,052
2,077
2,0772,0522,2922,3772,8723,3454,6503,9746,97810,7346,2016,33610,63810,86410,89911,67619,79119,05619,413000000000
       Capital Lease Obligations 
0
0
0
0
0
0
0
0
0
0
1,861
1,684
2,201
1,964
1,704
1,592
1,504
1,315
1,140
962
0
0
0
0
0
0
0
0
000000009621,1401,3151,5041,5921,7041,9642,2011,6841,8610000000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
266
226
226
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000226226266000000000
> Total Stockholder Equity
16,022
11,821
10,589
11,949
14,091
12,684
15,142
13,926
14,985
15,311
15,679
16,602
12,919
14,637
14,324
19,790
23,814
23,458
32,449
36,299
31,691
34,396
35,741
34,850
33,348
32,449
32,051
32,038
32,03832,05132,44933,34834,85035,74134,39631,69136,29932,44923,45823,81419,79014,32414,63712,91916,60215,67915,31114,98513,92615,14212,68414,09111,94910,58911,82116,022
   Common Stock
37,139
37,304
37,349
37,349
37,349
37,349
37,349
37,349
38,330
38,330
38,330
38,330
39,976
39,976
39,976
46,216
46,216
46,216
54,861
55,500
58,149
58,149
58,149
58,149
0
58,149
58,149
0
058,14958,149058,14958,14958,14958,14955,50054,86146,21646,21646,21639,97639,97639,97638,33038,33038,33038,33037,34937,34937,34937,34937,34937,34937,30437,139
   Retained Earnings -28,998-28,984-28,582-27,632-26,077-25,177-26,510-29,203-21,939-25,285-25,618-25,249-29,226-28,415-28,024-29,683-24,368-25,238-25,570-25,860-25,871-24,612-27,011-25,538-27,502-28,788-27,459-23,195
   Capital Surplus 0000000000000000000000000000
   Treasury Stock0000000000000000000000000000
   Other Stockholders Equity 
2,078
1,976
2,028
2,102
2,281
2,346
2,405
2,448
2,515
2,552
2,588
2,640
2,626
2,685
2,763
2,801
2,848
2,861
2,873
2,738
2,744
2,757
2,769
2,777
0
2,882
2,885
0
02,8852,88202,7772,7692,7572,7442,7382,8732,8612,8482,8012,7632,6852,6262,6402,5882,5522,5152,4482,4052,3462,2812,1022,0281,9762,078



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue10,060
Cost of Revenue-9,873
Gross Profit187187
 
Operating Income (+$)
Gross Profit187
Operating Expense-12,567
Operating Income-2,506-12,380
 
Operating Expense (+$)
Research Development-
Selling General Administrative2,415
Selling And Marketing Expenses-
Operating Expense12,5672,415
 
Net Interest Income (+$)
Interest Income503
Interest Expense--
Other Finance Cost-1,006
Net Interest Income-503
 
Pretax Income (+$)
Operating Income-2,506
Net Interest Income-503
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-2,922-2,595
EBIT - interestExpense = 0
-2,922
-2,922
Interest Expense-
Earnings Before Interest and Taxes (EBIT)--2,922
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax-2,922
Tax Provision-0
Net Income From Continuing Ops-2,922-2,922
Net Income-2,922
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net88503
 

Technical Analysis of Galane Gold 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 Galane Gold Ltd. The general trend of Galane Gold Ltd is BULLISH with 100.0% 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 Galane Gold 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 (100.0%) Bearish trend (-100.0%)
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 Galane Gold Ltd.

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

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

The bullish price targets are: 0.315 < 0.32 < 0.33.

The bearish price targets are: 0.24 > 0.24 > 0.22.

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Galane Gold 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 Galane Gold Ltd. The current mas is .

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

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

Galane Gold 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 Galane Gold Ltd. The current macd is 0.02476057.

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

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Galane Gold 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 Galane Gold 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 Galane Gold Ltd price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Galane Gold Ltd Daily Moving Average Convergence/Divergence (MACD) ChartGalane Gold 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 Galane Gold Ltd. The current adx is 28.72.

The long score for the Directional Movement Index (DMI) is 4/7.
The longshort score for the Directional Movement Index (DMI) is 4/(-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 Galane Gold Ltd shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bullish trend. The ADX is trending up, so the bullish trend is strengthening.
Galane Gold 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 Galane Gold Ltd. The current sar is 0.1941762.

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
Galane Gold 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 Galane Gold Ltd. The current rsi is 62.08. The current phase is Continuation in bull market.

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

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
Galane Gold Ltd Daily Relative Strength Index (RSI) ChartGalane Gold 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 Galane Gold Ltd. The current phase is Continuation in bull market.

The long score for the Stochastic Oscillator is 2/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %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 Galane Gold Ltd price going down in the near term. -2
  • Trending up: The STOCH %K is trending up. +1
Galane Gold Ltd Daily Stochastic Oscillator ChartGalane Gold 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 Galane Gold Ltd. The current cci is 98.80.

Galane Gold Ltd Daily Commodity Channel Index (CCI) ChartGalane Gold 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 Galane Gold Ltd. The current cmo is 22.88.

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

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Galane Gold Ltd Daily Chande Momentum Oscillator (CMO) ChartGalane Gold 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 Galane Gold Ltd. The current willr is -40.74074074.

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

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Galane Gold Ltd is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Galane Gold Ltd Daily Williams %R ChartGalane Gold 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 Galane Gold Ltd.

Galane Gold 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 Galane Gold Ltd. The current atr is 0.02385685.

Galane Gold Ltd Daily Average True Range (ATR) ChartGalane Gold 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 Galane Gold Ltd. The current obv is -4,491,519.

Galane Gold Ltd Daily On-Balance Volume (OBV) ChartGalane Gold 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 Galane Gold Ltd. The current mfi is 61.79.

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

  • MFI > 50: +1
Galane Gold Ltd Daily Money Flow Index (MFI) ChartGalane Gold Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Galane Gold 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
2023-11-06STOCH 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).
2023-11-07STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-08STOCH 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).
2023-11-09STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-10CCI 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).
2023-11-14SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-17CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-21MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-22MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-24STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-27MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-28SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-29ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-30STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-01RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-06ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-08STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-12MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-14STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-18STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-19CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-20RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-22STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-28MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-29CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-03STOCH 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).
2024-01-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-15STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-16STOCH 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).
2024-01-17MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-23DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-02STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-05STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-08WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-12STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-16CCI 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).
2024-02-20STOCH 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).
2024-02-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-27CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-28STOCH 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).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-29SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-03-01STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-04CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-05CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-06CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-07DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-13DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-03-15DMI 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.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-19DMI 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.
2024-03-20DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-21RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-03-22STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-25WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-26RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).

6.3. Candlestick Patterns

Galane Gold Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5062.083
Ma 20Greater thanMa 500.209
Ma 50Greater thanMa 1000.184
Ma 100Greater thanMa 2000.170
OpenGreater thanClose0.245
Total4/5 (80.0%)
Penke

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