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Ironbark Zinc Ltd
Buy, Hold or Sell?

Let's analyse Ironbark together

PenkeI guess you are interested in Ironbark Zinc 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 Ironbark Zinc 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 Ironbark (30 sec.)










What can you expect buying and holding a share of Ironbark? (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$0.00
Expected worth in 1 year
A$-0.14
How sure are you?
60.0%

+ What do you gain per year?

Total Gains per Share
A$-0.14
Return On Investment
-2,819.1%

For what price can you sell your share?

Current Price per Share
A$0.01
Expected price per share
A$0.005 - A$0.006
How sure are you?
50%

1. Valuation of Ironbark (5 min.)




Live pricePrice per Share (EOD)

A$0.01

Intrinsic Value Per Share

A$-0.03 - A$-0.01

Total Value Per Share

A$-0.03 - A$-0.01

2. Growth of Ironbark (5 min.)




Is Ironbark growing?

Current yearPrevious yearGrowGrow %
How rich?$1.4m$38.1m-$36.6m-2,443.4%

How much money is Ironbark making?

Current yearPrevious yearGrowGrow %
Making money-$38.5m-$2.4m-$36.1m-93.7%
Net Profit Margin-465,574.3%-17,800.0%--

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

3. Financial Health of Ironbark (5 min.)




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




  Industry Rankings (Other Industrial Metals & Mining)  


Richest
#723 / 897

Most Revenue
#393 / 897

Most Profit
#888 / 897

Most Efficient
#881 / 897

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

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

What can you expect buying and holding a share of Ironbark?

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

Speculation

The Price per Share of Ironbark is A$0.005. 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 Ironbark.
  • 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 Ironbark, 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$0.00. Based on the TTM, the Book Value Change Per Share is A$-0.04 per quarter. Based on the YOY, the Book Value Change Per Share is A$0.00 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 Ironbark.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 A$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per Share
Usd Eps-0.02-484.3%-0.02-484.3%0.00-30.6%-0.01-112.3%-0.01-103.4%
Usd Book Value Change Per Share-0.02-459.7%-0.02-459.7%0.00-9.9%0.00-84.9%0.00-74.0%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share-0.02-459.7%-0.02-459.7%0.00-9.9%0.00-84.9%0.00-74.0%
Usd Price Per Share0.01-0.01-0.02-0.01-0.03-
Price to Earnings Ratio-0.22--0.22--10.66--11.08--26.02-
Price-to-Total Gains Ratio-0.23--0.23--33.01-2.64-15.29-
Price to Book Ratio5.55-5.55-0.68-1.51-1.72-
Price-to-Total Gains Ratio-0.23--0.23--33.01-2.64-15.29-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.0032615
Number of shares306607
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.020.00
Usd Total Gains Per Share-0.020.00
Gains per Quarter (306607 shares)-7,047.66-1,302.02
Gains per Year (306607 shares)-28,190.66-5,208.08
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-28191-282010-5208-5218
20-56381-563920-10416-10426
30-84572-845830-15624-15634
40-112763-1127740-20832-20842
50-140953-1409650-26040-26050
60-169144-1691560-31249-31258
70-197335-1973470-36457-36466
80-225525-2255380-41665-41674
90-253716-2537290-46873-46882
100-281907-2819200-52081-52090

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.01.00.00.0%0.03.00.00.0%0.05.00.00.0%0.010.00.00.0%0.017.01.00.0%
Book Value Change Per Share0.01.00.00.0%1.02.00.033.3%3.02.00.060.0%6.04.00.060.0%11.07.00.061.1%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.010.00.0%0.00.018.00.0%
Total Gains per Share0.01.00.00.0%1.02.00.033.3%3.02.00.060.0%6.04.00.060.0%11.07.00.061.1%

Fundamentals of Ironbark

About Ironbark Zinc Ltd

Ironbark Zinc Limited engages in the exploration and evaluation of mineral properties in Australia and Greenland. The company primarily explores for zinc, gold, copper, silver, lead, and base and precious metals. Its flagship project is the 100% owned Citronen property located in Greenland. The company was formerly known as Ironbark Gold Limited and changed its name to Ironbark Zinc Limited in November 2009. Ironbark Zinc Limited was incorporated in 2006 and is based in Subiaco, Australia.

Fundamental data was last updated by Penke on 2024-03-10 02:56:05.

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 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 overpriced.
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 Ironbark Zinc Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Ironbark to the Other Industrial Metals & Mining industry mean.
  • A Net Profit Margin of -465,574.3% means that $-4,655.74 for each $1 in revenue is generated as profit.

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

  • The MRQ is -465,574.3%. The company is making a huge loss. -2
  • The TTM is -465,574.3%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-465,574.3%TTM-465,574.3%0.0%
TTM-465,574.3%YOY-17,800.0%-447,774.3%
TTM-465,574.3%5Y-98,146.0%-367,428.3%
5Y-98,146.0%10Y-52,378.0%-45,768.0%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-465,574.3%-35.3%-465,539.0%
TTM-465,574.3%-40.5%-465,533.8%
YOY-17,800.0%-50.7%-17,749.3%
5Y-98,146.0%-330.2%-97,815.8%
10Y-52,378.0%-750.2%-51,627.8%
1.1.2. Return on Assets

Shows how efficient Ironbark is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Ironbark to the Other Industrial Metals & Mining industry mean.
  • -1,329.5% Return on Assets means that Ironbark generated $-13.29 profit for each $1 in assets.

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

  • The MRQ is -1,329.5%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -1,329.5%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-1,329.5%TTM-1,329.5%0.0%
TTM-1,329.5%YOY-6.1%-1,323.3%
TTM-1,329.5%5Y-269.0%-1,060.5%
5Y-269.0%10Y-146.5%-122.4%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-1,329.5%-6.0%-1,323.5%
TTM-1,329.5%-6.8%-1,322.7%
YOY-6.1%-5.9%-0.2%
5Y-269.0%-9.2%-259.8%
10Y-146.5%-12.0%-134.5%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Ironbark to the Other Industrial Metals & Mining industry mean.
  • -2,574.3% Return on Equity means Ironbark generated $-25.74 for each $1 the owners (shareholders) invested.

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

  • The MRQ is -2,574.3%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -2,574.3%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-2,574.3%TTM-2,574.3%0.0%
TTM-2,574.3%YOY-6.4%-2,567.9%
TTM-2,574.3%5Y-518.1%-2,056.3%
5Y-518.1%10Y-271.2%-246.9%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-2,574.3%-6.9%-2,567.4%
TTM-2,574.3%-7.5%-2,566.8%
YOY-6.4%-6.1%-0.3%
5Y-518.1%-9.8%-508.3%
10Y-271.2%-12.8%-258.4%

1.2. Operating Efficiency of Ironbark Zinc Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Ironbark is operating .

  • Measures how much profit Ironbark 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 Ironbark to the Other Industrial Metals & Mining industry mean.
  • An Operating Margin of -13,231.5% means the company generated $-132.32  for each $1 in revenue (before taxes).

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

  • The MRQ is -13,231.5%. The company is operating very inefficient. -2
  • The TTM is -13,231.5%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-13,231.5%TTM-13,231.5%0.0%
TTM-13,231.5%YOY-11,038.1%-2,193.4%
TTM-13,231.5%5Y-6,381.4%-6,850.2%
5Y-6,381.4%10Y-6,508.7%+127.4%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-13,231.5%-285.5%-12,946.0%
TTM-13,231.5%-46.7%-13,184.8%
YOY-11,038.1%-76.4%-10,961.7%
5Y-6,381.4%-361.7%-6,019.7%
10Y-6,508.7%-693.1%-5,815.6%
1.2.2. Operating Ratio

Measures how efficient Ironbark is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • An Operation Ratio of 132.32 means that the operating costs are $132.32 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Ironbark Zinc Ltd:

  • The MRQ is 132.316. The company is inefficient in keeping operating costs low. -1
  • The TTM is 132.316. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ132.316TTM132.3160.000
TTM132.316YOY107.286+25.030
TTM132.3165Y63.195+69.121
5Y63.19510Y65.078-1.883
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ132.3161.951+130.365
TTM132.3161.923+130.393
YOY107.2862.082+105.204
5Y63.1954.850+58.345
10Y65.0788.674+56.404

1.3. Liquidity of Ironbark Zinc Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Ironbark 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 0.60 means the company has $0.60 in assets for each $1 in short-term debts.

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

  • The MRQ is 0.604. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.604. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.604TTM0.6040.000
TTM0.604YOY1.125-0.521
TTM0.6045Y1.426-0.822
5Y1.42610Y3.573-2.147
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6042.375-1.771
TTM0.6042.609-2.005
YOY1.1253.429-2.304
5Y1.4264.136-2.710
10Y3.5734.566-0.993
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Ironbark to the Other Industrial Metals & Mining industry mean.
  • A Quick Ratio of 0.60 means the company can pay off $0.60 for each $1 in debt (using most liquid assets).

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

  • The MRQ is 0.603. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.603. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.603TTM0.6030.000
TTM0.603YOY1.124-0.520
TTM0.6035Y1.421-0.818
5Y1.42110Y3.992-2.570
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6030.893-0.290
TTM0.6030.856-0.253
YOY1.1241.119+0.005
5Y1.4211.324+0.097
10Y3.9921.428+2.564

1.4. Solvency of Ironbark Zinc Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Ironbark assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Ironbark to Other Industrial Metals & Mining industry mean.
  • A Debt to Asset Ratio of 0.48 means that Ironbark assets are financed with 48.4% credit (debt) and the remaining percentage (100% - 48.4%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.484. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.484. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.484TTM0.4840.000
TTM0.484YOY0.043+0.441
TTM0.4845Y0.124+0.360
5Y0.12410Y0.067+0.057
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4840.192+0.292
TTM0.4840.190+0.294
YOY0.0430.151-0.108
5Y0.1240.212-0.088
10Y0.0670.238-0.171
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Ironbark to the Other Industrial Metals & Mining industry mean.
  • A Debt to Equity ratio of 93.6% means that company has $0.94 debt for each $1 in shareholders equity.

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

  • The MRQ is 0.936. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.936. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.936TTM0.9360.000
TTM0.936YOY0.045+0.892
TTM0.9365Y0.215+0.721
5Y0.21510Y0.112+0.103
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9360.192+0.744
TTM0.9360.207+0.729
YOY0.0450.155-0.110
5Y0.2150.227-0.012
10Y0.1120.249-0.137

2. Market Valuation of Ironbark Zinc 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 Ironbark generates.

  • Above 15 is considered overpriced but always compare Ironbark to the Other Industrial Metals & Mining industry mean.
  • A PE ratio of -0.22 means the investor is paying $-0.22 for every $1 in earnings.

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

  • The EOD is -0.135. Based on the earnings, the company is expensive. -2
  • The MRQ is -0.215. Based on the earnings, the company is expensive. -2
  • The TTM is -0.215. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-0.135MRQ-0.215+0.081
MRQ-0.215TTM-0.2150.000
TTM-0.215YOY-10.660+10.444
TTM-0.2155Y-11.083+10.867
5Y-11.08310Y-26.017+14.934
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-0.135-3.740+3.605
MRQ-0.215-5.000+4.785
TTM-0.215-5.557+5.342
YOY-10.660-8.469-2.191
5Y-11.083-10.469-0.614
10Y-26.017-11.327-14.690
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -2.604. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -4.167. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -4.167. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-2.604MRQ-4.167+1.563
MRQ-4.167TTM-4.1670.000
TTM-4.167YOY-12.024+7.857
TTM-4.1675Y-9.098+4.931
5Y-9.09810Y-28.397+19.299
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-2.604-3.924+1.320
MRQ-4.167-5.463+1.296
TTM-4.167-6.302+2.135
YOY-12.024-8.457-3.567
5Y-9.098-12.796+3.698
10Y-28.397-13.886-14.511
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Ironbark 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 5.55 means the investor is paying $5.55 for each $1 in book value.

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

  • The EOD is 3.467. Based on the equity, the company is fair priced.
  • The MRQ is 5.547. Based on the equity, the company is overpriced. -1
  • The TTM is 5.547. Based on the equity, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD3.467MRQ5.547-2.080
MRQ5.547TTM5.5470.000
TTM5.547YOY0.682+4.866
TTM5.5475Y1.510+4.037
5Y1.51010Y1.724-0.214
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD3.4671.161+2.306
MRQ5.5471.511+4.036
TTM5.5471.591+3.956
YOY0.6822.243-1.561
5Y1.5102.501-0.991
10Y1.7242.940-1.216
2. Total Gains per Share

3. Holders & Insider Transactions

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

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Ironbark Zinc 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---0.035-0.0350%-0.001-98%-0.007-82%-0.006-84%
Book Value Per Share--0.0010.0010%0.037-96%0.029-95%0.033-96%
Current Ratio--0.6040.6040%1.125-46%1.426-58%3.573-83%
Debt To Asset Ratio--0.4840.4840%0.043+1026%0.124+291%0.067+627%
Debt To Equity Ratio--0.9360.9360%0.045+1987%0.215+335%0.112+733%
Dividend Per Share----0%-0%-0%-0%
Eps---0.037-0.0370%-0.002-94%-0.009-77%-0.008-79%
Free Cash Flow Per Share---0.002-0.0020%-0.002+8%-0.002+0%-0.002-14%
Free Cash Flow To Equity Per Share---0.001-0.0010%0.000-507%0.000-68%0.000-5125%
Gross Profit Margin--1.0281.0280%1.601-36%1.369-25%1.184-13%
Intrinsic Value_10Y_max---0.014--------
Intrinsic Value_10Y_min---0.027--------
Intrinsic Value_1Y_max---0.002--------
Intrinsic Value_1Y_min---0.002--------
Intrinsic Value_3Y_max---0.005--------
Intrinsic Value_3Y_min---0.007--------
Intrinsic Value_5Y_max---0.008--------
Intrinsic Value_5Y_min---0.012--------
Market Cap7969349.760-60%12750959.61612750959.6160%39846748.800-68%25820693.222-51%64073572.070-80%
Net Profit Margin---4655.743-4655.7430%-178.000-96%-981.460-79%-523.780-89%
Operating Margin---132.315-132.3150%-110.381-17%-63.814-52%-65.087-51%
Operating Ratio--132.316132.3160%107.286+23%63.195+109%65.078+103%
Pb Ratio3.467-60%5.5475.5470%0.682+714%1.510+267%1.724+222%
Pe Ratio-0.135+38%-0.215-0.2150%-10.660+4847%-11.083+5043%-26.017+11974%
Price Per Share0.005-60%0.0080.0080%0.025-68%0.016-51%0.040-80%
Price To Free Cash Flow Ratio-2.604+38%-4.167-4.1670%-12.024+189%-9.098+118%-28.397+582%
Price To Total Gains Ratio-0.142+38%-0.227-0.2270%-33.013+14442%2.637-109%15.285-101%
Quick Ratio--0.6030.6030%1.124-46%1.421-58%3.992-85%
Return On Assets---13.295-13.2950%-0.061-100%-2.690-80%-1.465-89%
Return On Equity---25.743-25.7430%-0.064-100%-5.181-80%-2.712-89%
Total Gains Per Share---0.035-0.0350%-0.001-98%-0.007-82%-0.006-84%
Usd Book Value--1499393.0881499393.0880%38136067.200-96%30629871.718-95%33799878.489-96%
Usd Book Value Change Per Share---0.023-0.0230%0.000-98%-0.004-82%-0.004-84%
Usd Book Value Per Share--0.0010.0010%0.024-96%0.019-95%0.021-96%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.024-0.0240%-0.002-94%-0.006-77%-0.005-79%
Usd Free Cash Flow---1996166.503-1996166.5030%-2161722.200+8%-2004021.761+0%-1723715.600-14%
Usd Free Cash Flow Per Share---0.001-0.0010%-0.001+8%-0.001+0%-0.001-14%
Usd Free Cash Flow To Equity Per Share---0.001-0.0010%0.000-507%0.000-68%0.000-5125%
Usd Market Cap5198406.848-60%8317450.9588317450.9580%25992034.242-68%16842838.189-51%41795191.062-80%
Usd Price Per Share0.003-60%0.0050.0050%0.016-68%0.011-51%0.026-80%
Usd Profit---38599521.132-38599521.1320%-2438297.400-94%-8936965.566-77%-8234145.453-79%
Usd Revenue--8290.7338290.7330%13698.300-39%53581.227-85%76169.723-89%
Usd Total Gains Per Share---0.023-0.0230%0.000-98%-0.004-82%-0.004-84%
 EOD+3 -5MRQTTM+0 -0YOY+5 -295Y+4 -3010Y+1 -33

4.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-0.135
Price to Book Ratio (EOD)Between0-13.467
Net Profit Margin (MRQ)Greater than0-4,655.743
Operating Margin (MRQ)Greater than0-132.315
Quick Ratio (MRQ)Greater than10.603
Current Ratio (MRQ)Greater than10.604
Debt to Asset Ratio (MRQ)Less than10.484
Debt to Equity Ratio (MRQ)Less than10.936
Return on Equity (MRQ)Greater than0.15-25.743
Return on Assets (MRQ)Greater than0.05-13.295
Total2/10 (20.0%)

4.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5046.282
Ma 20Greater thanMa 500.005
Ma 50Greater thanMa 1000.005
Ma 100Greater thanMa 2000.006
OpenGreater thanClose0.005
Total0/5 (0.0%)



Reversals in quarterly reports

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

 2019-06-302020-06-302021-06-302022-06-302023-06-30
Income Tax Expense  -9493-1-8-99000



Latest Balance Sheet

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

Summary
Total Assets4,451
Total Liabilities2,152
Total Stockholder Equity2,299
 As reported
Total Liabilities 2,152
Total Stockholder Equity+ 2,299
Total Assets = 4,451

Assets

Total Assets4,451
Total Current Assets1,301
Long-term Assets3,150
Total Current Assets
Cash And Cash Equivalents 1,266
Short-term Investments 10
Net Receivables 13
Other Current Assets 12
Total Current Assets  (as reported)1,301
Total Current Assets  (calculated)1,301
+/-0
Long-term Assets
Property Plant Equipment 3
Long Term Investments 55
Long-term Assets Other 3,092
Long-term Assets  (as reported)3,150
Long-term Assets  (calculated)3,150
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities2,152
Long-term Liabilities0
Total Stockholder Equity2,299
Total Current Liabilities
Accounts payable 203
Other Current Liabilities 1,949
Total Current Liabilities  (as reported)2,152
Total Current Liabilities  (calculated)2,152
+/-0
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Common Stock139,537
Retained Earnings -140,686
Accumulated Other Comprehensive Income 3,448
Total Stockholder Equity (as reported)2,299
Total Stockholder Equity (calculated)2,299
+/-0
Other
Capital Stock139,537
Cash and Short Term Investments 1,276
Common Stock Shares Outstanding 1,411,928
Liabilities and Stockholders Equity 4,451
Net Debt -1,266
Net Invested Capital 2,299
Net Tangible Assets 2,299
Net Working Capital -851
Property Plant and Equipment Gross 68



Balance Sheet

Currency in AUD. All numbers in thousands.

 Trend2023-06-302022-06-302021-06-302020-06-302019-06-302018-06-302017-06-302016-06-302015-06-302014-06-302013-06-302012-06-302011-06-302010-06-302009-06-302008-06-302007-06-302006-06-30
> Total Assets 
380
119,148
126,999
121,007
143,875
153,224
94,967
93,270
91,139
45,570
46,357
48,107
54,759
56,666
60,530
62,455
61,087
4,451
4,45161,08762,45560,53056,66654,75948,10746,35745,57091,13993,27094,967153,224143,875121,007126,999119,148380
   > Total Current Assets 
0
16,704
14,719
4,490
17,241
14,515
4,409
2,252
2,324
2,217
2,267
2,518
5,243
650
2,198
2,649
2,951
1,301
1,3012,9512,6492,1986505,2432,5182,2672,2172,3242,2524,40914,51517,2414,49014,71916,7040
       Cash And Cash Equivalents 
338
16,475
13,283
4,251
16,859
12,361
4,162
2,122
2,194
2,132
2,227
2,465
5,182
591
2,125
2,528
2,919
1,266
1,2662,9192,5282,1255915,1822,4652,2272,1322,1942,1224,16212,36116,8594,25113,28316,475338
       Short-term Investments 
0
0
10
10
66
64
0
0
0
0
400
1,850
0
10
10
10
10
10
101010101001,85040000006466101000
       Net Receivables 
31
79
510
77
154
212
89
109
112
64
28
40
44
35
51
65
8
13
1386551354440286411210989212154775107931
       Other Current Assets 
0
150
694
55
228
1,942
158
21
18
21
12
13
17
1
12
46
14
12
1214461211713122118211581,942228556941500
   > Long-term Assets 
0
102,444
112,280
116,517
126,634
138,709
90,558
91,018
88,815
43,353
44,090
45,589
49,516
56,016
58,332
59,806
58,136
3,150
3,15058,13659,80658,33256,01649,51645,58944,09043,35388,81591,01890,558138,709126,634116,517112,280102,4440
       Property Plant Equipment 
11
98,454
108,280
114,111
124,971
137,709
89,324
90,743
88,608
43,164
43,980
45,479
49,402
54,601
55
2
4
3
3425554,60149,40245,47943,98043,16488,60890,74389,324137,709124,971114,111108,28098,45411
       Long Term Investments 
0
0
0
0
0
0
0
0
40
12
0
0
0
0
0
0
0
55
550000000124000000000
       Other Assets 
0
0
0
0
0
0
145
163
167
177
110
110
114
1,415
3,084
0
2,863
0
02,86303,0841,415114110110177167163145000000
> Total Liabilities 
34
1,237
4,629
662
1,883
1,476
237
584
618
361
468
525
579
623
2,223
2,784
2,623
2,152
2,1522,6232,7842,2236235795254683616185842371,4761,8836624,6291,23734
   > Total Current Liabilities 
34
1,237
3,768
265
1,572
1,341
237
477
618
361
468
525
579
623
645
2,784
2,623
2,152
2,1522,6232,7846456235795254683616184772371,3411,5722653,7681,23734
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
10
10
0
0
0
00010100000000000000
       Accounts payable 
0
0
718
55
1,397
1,149
71
2
8
18
5
89
123
91
91
674
621
203
20362167491911238951882711,1491,3975571800
       Other Current Liabilities 
34
1,237
3,050
210
175
192
166
475
610
343
463
436
456
532
554
2,110
2,002
1,949
1,9492,0022,1105545324564364633436104751661921752103,0501,23734
   > Long-term Liabilities 
0
0
861
397
311
135
0
107
0
0
0
0
0
1,578
1,578
674
621
0
06216741,5781,57800000107013531139786100
       Other Liabilities 
0
0
0
0
0
0
0
107
0
0
0
0
0
0
1,578
0
0
0
0001,5780000001070000000
> Total Stockholder Equity
346
117,911
122,370
120,345
141,992
151,748
94,730
92,686
90,521
45,209
45,889
47,582
54,180
56,043
58,307
59,671
58,464
2,299
2,29958,46459,67158,30756,04354,18047,58245,88945,20990,52192,68694,730151,748141,992120,345122,370117,911346
   Common Stock
360
68,495
74,165
74,165
96,791
107,680
107,680
107,680
110,179
112,678
114,551
117,179
122,950
124,813
127,779
133,807
137,558
139,537
139,537137,558133,807127,779124,813122,950117,179114,551112,678110,179107,680107,680107,68096,79174,16574,16568,495360
   Retained Earnings Total Equity000000000000000000
   Accumulated Other Comprehensive Income 
0
51,890
50,498
49,362
48,760
49,665
2,105
1,936
753
1,388
1,346
2,025
3,318
4,544
5,327
3,638
2,418
3,448
3,4482,4183,6385,3274,5443,3182,0251,3461,3887531,9362,10549,66548,76049,36250,49851,8900
   Capital Surplus 000000000000000000
   Treasury Stock000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
-2,145
-1,677
-1,851
-1,319
-397
692
-57
0
-61
-4
-4-610-57692-397-1,319-1,851-1,677-2,14500000000



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 (+$)
totalRevenue13
Cost of Revenue-1
Gross Profit-112
 
Operating Income (+$)
Gross Profit-1
Operating Expense-1,681
Operating Income-1,682-1,682
 
Operating Expense (+$)
Research Development0
Selling General Administrative1
Selling And Marketing Expenses1,680
Operating Expense1,6811,681
 
Net Interest Income (+$)
Interest Income513
Interest Expense-586
Other Finance Cost-504
Net Interest Income-578
 
Pretax Income (+$)
Operating Income-1,682
Net Interest Income-578
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-59,17455,811
EBIT - interestExpense = -2,268
-59,174
-58,588
Interest Expense586
Earnings Before Interest and Taxes (EBIT)-1,682-58,588
Earnings Before Interest and Taxes (EBITDA)-1,681
 
After tax Income (+$)
Income Before Tax-59,174
Tax Provision-0
Net Income From Continuing Ops-59,174-59,174
Net Income-59,174
Net Income Applicable To Common Shares-59,174
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses1,682
Total Other Income/Expenses Net-57,493578
 

Technical Analysis of Ironbark
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 Ironbark. The general trend of Ironbark is BEARISH 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 Ironbark'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 Ironbark Zinc 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: 0.006 < 0.006 < 0.006.

The bearish price targets are: 0.005 > 0.005 > 0.005.

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Ironbark Zinc 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 Ironbark Zinc Ltd. The current mas is .

The long score for the Moving Averages is 0/14.
The longshort score for the Moving Averages is -14/(-14 +14).

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

Ironbark Zinc 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 Ironbark Zinc Ltd. The current macd is -0.000056.

The long score for the Moving Average Convergence/Divergence (MACD) is 2/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 0/(-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 Ironbark price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Ironbark. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Ironbark price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Ironbark Zinc Ltd Daily Moving Average Convergence/Divergence (MACD) ChartIronbark Zinc 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 Ironbark Zinc Ltd. The current adx is 21.29.

The long score for the Directional Movement Index (DMI) is 2/7.
The longshort score for the Directional Movement Index (DMI) is 2/(-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 Ironbark shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bullish trend could be forming. +1
Ironbark Zinc 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 Ironbark Zinc Ltd. The current sar is 0.006.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Ironbark Zinc 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 Ironbark Zinc Ltd. The current rsi is 46.28. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -3/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
Ironbark Zinc Ltd Daily Relative Strength Index (RSI) ChartIronbark Zinc 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 Ironbark Zinc 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 Ironbark price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Ironbark Zinc Ltd Daily Stochastic Oscillator ChartIronbark Zinc 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 Ironbark Zinc Ltd. The current cci is -47.61904762.

Ironbark Zinc Ltd Daily Commodity Channel Index (CCI) ChartIronbark Zinc 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 Ironbark Zinc Ltd. The current cmo is -7.96685107.

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
Ironbark Zinc Ltd Daily Chande Momentum Oscillator (CMO) ChartIronbark Zinc 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 Ironbark Zinc 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
Ironbark Zinc Ltd Daily Williams %R ChartIronbark Zinc 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 Ironbark Zinc Ltd.

Ironbark Zinc 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 Ironbark Zinc Ltd. The current atr is 0.00019993.

Ironbark Zinc Ltd Daily Average True Range (ATR) ChartIronbark Zinc 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 Ironbark Zinc Ltd. The current obv is -112,989,297.

Ironbark Zinc Ltd Daily On-Balance Volume (OBV) ChartIronbark Zinc 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 Ironbark Zinc Ltd. The current mfi is 75.24.

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
Ironbark Zinc Ltd Daily Money Flow Index (MFI) ChartIronbark Zinc Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Ironbark Zinc 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
2023-11-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-08STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-09SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-11-10MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-14WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-15DMI 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
STOCH 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).
2023-11-16MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-17DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-11-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-21MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI 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
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-11-23MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-28MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-29SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH 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).
2023-11-30SAR 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
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-01CCI 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).
2023-12-04STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-11DMI 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
2023-12-14CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-15MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-18WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-20MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-22CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-04MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-08WILLR 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
2024-01-09STOCH 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).
2024-01-16MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-19MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-23STOCH 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).
2024-01-24RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-29STOCH 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).
2024-01-30STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-31STOCH 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
2024-02-01STOCH 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).
2024-02-02STOCH 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).
2024-02-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-07STOCH 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
2024-02-09MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-12MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-15MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-01DMI 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.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line 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
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-06DMI 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
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-14MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-22MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-25DMI 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.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-26SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH 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 SHORT ENTRY LONG CLOSE80 crossover to downside

6.3. Candlestick Patterns

Ironbark Zinc Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5046.282
Ma 20Greater thanMa 500.005
Ma 50Greater thanMa 1000.005
Ma 100Greater thanMa 2000.006
OpenGreater thanClose0.005
Total0/5 (0.0%)
Penke

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