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Magmatic Resources Ltd
Buy, Hold or Sell?

Let's analyse Magmatic Resources Ltd together

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

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

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

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Quick analysis of Magmatic Resources Ltd (30 sec.)










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

How much money do you get?

How much money do you get?
A$0.03
When do you have the money?
1 year
How often do you get paid?
40.0%

What is your share worth?

Current worth
A$0.01
Expected worth in 1 year
A$-0.01
How sure are you?
40.0%

+ What do you gain per year?

Total Gains per Share
A$0.02
Return On Investment
19.4%

For what price can you sell your share?

Current Price per Share
A$0.11
Expected price per share
A$0.074 - A$0.115
How sure are you?
50%

1. Valuation of Magmatic Resources Ltd (5 min.)




Live pricePrice per Share (EOD)

A$0.11

Intrinsic Value Per Share

A$-0.20 - A$-0.17

Total Value Per Share

A$-0.19 - A$-0.16

2. Growth of Magmatic Resources Ltd (5 min.)




Is Magmatic Resources Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$2.8m$4.3m-$1.5m-55.1%

How much money is Magmatic Resources Ltd making?

Current yearPrevious yearGrowGrow %
Making money-$4.8m-$1.9m-$2.8m-59.7%
Net Profit Margin-13,847.7%-5,169.8%--

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

3. Financial Health of Magmatic Resources Ltd (5 min.)




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




  Industry Rankings (Gold)  


Richest
#358 / 502

Most Revenue
#182 / 502

Most Profit
#408 / 502

Most Efficient
#472 / 502

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

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

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

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

Speculation

The Price per Share of Magmatic Resources Ltd is A$0.11. 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 Magmatic Resources Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

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

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is A$0.01. Based on the TTM, the Book Value Change Per Share is A$-0.01 per quarter. Based on the YOY, the Book Value Change Per Share is A$0.00 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$0.01 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Magmatic Resources Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 A$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per Share
Usd Eps-0.01-11.5%-0.01-11.5%-0.01-4.7%-0.01-4.8%0.00-3.4%
Usd Book Value Change Per Share0.00-3.7%0.00-3.7%0.00-1.2%0.000.7%-0.01-8.4%
Usd Dividend Per Share0.016.8%0.016.8%0.000.0%0.015.0%0.002.5%
Usd Total Gains Per Share0.003.1%0.003.1%0.00-1.2%0.015.7%-0.01-5.9%
Usd Price Per Share0.06-0.06-0.03-0.07-0.04-
Price to Earnings Ratio-4.58--4.58--6.57-1.23--1.31-
Price-to-Total Gains Ratio16.84-16.84--25.20--0.92--1.17-
Price to Book Ratio7.91-7.91-2.95-7.37-5.75-
Price-to-Total Gains Ratio16.84-16.84--25.20--0.92--1.17-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.071192
Number of shares14046
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.010.01
Usd Book Value Change Per Share0.000.00
Usd Total Gains Per Share0.000.01
Gains per Quarter (14046 shares)48.5788.16
Gains per Year (14046 shares)194.28352.63
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1422-22818431241343
2844-45637862481696
31266-6835729361221049
41688-91176612481631402
52110-113996015602031755
62532-1367115418722442108
72954-1594134821842852461
83376-1822154224963262814
93799-2050173628073663167
104221-2278193031194073520

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%1.02.00.033.3%1.04.00.020.0%1.09.00.010.0%5.09.00.035.7%
Book Value Change Per Share0.01.00.00.0%1.02.00.033.3%2.03.00.040.0%3.07.00.030.0%6.08.00.042.9%
Dividend per Share1.00.00.0100.0%2.00.01.066.7%4.00.01.080.0%4.00.06.040.0%8.00.06.057.1%
Total Gains per Share1.00.00.0100.0%2.01.00.066.7%3.02.00.060.0%4.06.00.040.0%8.06.00.057.1%

Fundamentals of Magmatic Resources Ltd

About Magmatic Resources Ltd

Magmatic Resources Limited engages in the development and exploration of mineral properties in Australia. The company explores for gold and copper deposits. It holds 100% interests in the Myall, Parkes, and Wellington North projects located in the East Lachlan region, New South Wales. Magmatic Resources Limited was incorporated in 2016 and is headquartered in Nedlands, Australia.

Fundamental data was last updated by Penke on 2024-04-01 10:59:05.

Financial Health

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

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is 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 Magmatic Resources Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Magmatic Resources Ltd to the Gold industry mean.
  • A Net Profit Margin of -13,847.7% means that $-138.48 for each $1 in revenue is generated as profit.

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

  • The MRQ is -13,847.7%. The company is making a huge loss. -2
  • The TTM is -13,847.7%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-13,847.7%TTM-13,847.7%0.0%
TTM-13,847.7%YOY-5,169.8%-8,678.0%
TTM-13,847.7%5Y-3,814.2%-10,033.6%
5Y-3,814.2%10Y-31,855.1%+28,040.9%
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ-13,847.7%-10.8%-13,836.9%
TTM-13,847.7%-7.9%-13,839.8%
YOY-5,169.8%-6.0%-5,163.8%
5Y-3,814.2%-22.6%-3,791.6%
10Y-31,855.1%-31.8%-31,823.3%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Magmatic Resources Ltd to the Gold industry mean.
  • -155.1% Return on Assets means that Magmatic Resources Ltd generated $-1.55 profit for each $1 in assets.

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

  • The MRQ is -155.1%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -155.1%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-155.1%TTM-155.1%0.0%
TTM-155.1%YOY-42.3%-112.8%
TTM-155.1%5Y-69.6%-85.5%
5Y-69.6%10Y-117.0%+47.5%
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ-155.1%-5.7%-149.4%
TTM-155.1%-6.4%-148.7%
YOY-42.3%-6.6%-35.7%
5Y-69.6%-10.9%-58.7%
10Y-117.0%-13.6%-103.4%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Magmatic Resources Ltd to the Gold industry mean.
  • -172.6% Return on Equity means Magmatic Resources Ltd generated $-1.73 for each $1 the owners (shareholders) invested.

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

  • The MRQ is -172.6%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -172.6%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-172.6%TTM-172.6%0.0%
TTM-172.6%YOY-44.8%-127.7%
TTM-172.6%5Y-88.5%-84.1%
5Y-88.5%10Y-65.9%-22.6%
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ-172.6%-5.5%-167.1%
TTM-172.6%-6.0%-166.6%
YOY-44.8%-6.6%-38.2%
5Y-88.5%-10.6%-77.9%
10Y-65.9%-15.9%-50.0%

1.2. Operating Efficiency of Magmatic Resources Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Magmatic Resources Ltd is operating .

  • Measures how much profit Magmatic Resources Ltd makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Magmatic Resources Ltd to the Gold industry mean.
  • An Operating Margin of -14,193.0% means the company generated $-141.93  for each $1 in revenue (before taxes).

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

  • The MRQ is -14,193.0%. The company is operating very inefficient. -2
  • The TTM is -14,193.0%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-14,193.0%TTM-14,193.0%0.0%
TTM-14,193.0%YOY-5,298.0%-8,895.0%
TTM-14,193.0%5Y-7,756.5%-6,436.6%
5Y-7,756.5%10Y-33,661.6%+25,905.2%
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ-14,193.0%-3.0%-14,190.0%
TTM-14,193.0%2.3%-14,195.3%
YOY-5,298.0%-1.1%-5,296.9%
5Y-7,756.5%-9.8%-7,746.7%
10Y-33,661.6%-23.0%-33,638.6%
1.2.2. Operating Ratio

Measures how efficient Magmatic Resources Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Gold industry mean).
  • An Operation Ratio of 141.93 means that the operating costs are $141.93 for each $1 in net sales.

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

  • The MRQ is 141.930. The company is inefficient in keeping operating costs low. -1
  • The TTM is 141.930. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ141.930TTM141.9300.000
TTM141.930YOY52.980+88.950
TTM141.9305Y77.765+64.166
5Y77.76510Y510.755-432.990
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ141.9301.533+140.397
TTM141.9301.470+140.460
YOY52.9801.409+51.571
5Y77.7651.546+76.219
10Y510.7551.640+509.115

1.3. Liquidity of Magmatic Resources Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Magmatic Resources 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 6.01 means the company has $6.01 in assets for each $1 in short-term debts.

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

  • The MRQ is 6.006. The company is very able to pay all its short-term debts. +2
  • The TTM is 6.006. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ6.006TTM6.0060.000
TTM6.006YOY12.916-6.910
TTM6.0065Y7.563-1.558
5Y7.56310Y7.441+0.123
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ6.0062.461+3.545
TTM6.0062.520+3.486
YOY12.9163.419+9.497
5Y7.5633.950+3.613
10Y7.4414.404+3.037
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Magmatic Resources Ltd to the Gold industry mean.
  • A Quick Ratio of 5.76 means the company can pay off $5.76 for each $1 in debt (using most liquid assets).

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

  • The MRQ is 5.755. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 5.755. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ5.755TTM5.7550.000
TTM5.755YOY12.729-6.973
TTM5.7555Y7.463-1.707
5Y7.46310Y7.297+0.165
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ5.7550.573+5.182
TTM5.7550.642+5.113
YOY12.7291.039+11.690
5Y7.4631.237+6.226
10Y7.2971.492+5.805

1.4. Solvency of Magmatic Resources Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Magmatic Resources Ltd to Gold industry mean.
  • A Debt to Asset Ratio of 0.10 means that Magmatic Resources Ltd assets are financed with 10.1% credit (debt) and the remaining percentage (100% - 10.1%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.101. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.101. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.101TTM0.1010.000
TTM0.101YOY0.056+0.045
TTM0.1015Y0.156-0.055
5Y0.15610Y1.188-1.032
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1010.199-0.098
TTM0.1010.192-0.091
YOY0.0560.164-0.108
5Y0.1560.234-0.078
10Y1.1880.261+0.927
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Magmatic Resources Ltd to the Gold industry mean.
  • A Debt to Equity ratio of 11.3% means that company has $0.11 debt for each $1 in shareholders equity.

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

  • The MRQ is 0.113. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.113. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.113TTM0.1130.000
TTM0.113YOY0.059+0.054
TTM0.1135Y0.228-0.115
5Y0.22810Y0.147+0.081
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1130.197-0.084
TTM0.1130.205-0.092
YOY0.0590.182-0.123
5Y0.2280.237-0.009
10Y0.1470.282-0.135

2. Market Valuation of Magmatic Resources Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

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

  • Above 15 is considered overpriced but always compare Magmatic Resources Ltd to the Gold industry mean.
  • A PE ratio of -4.58 means the investor is paying $-4.58 for every $1 in earnings.

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

  • The EOD is -5.604. Based on the earnings, the company is expensive. -2
  • The MRQ is -4.585. Based on the earnings, the company is expensive. -2
  • The TTM is -4.585. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-5.604MRQ-4.585-1.019
MRQ-4.585TTM-4.5850.000
TTM-4.585YOY-6.573+1.988
TTM-4.5855Y1.228-5.813
5Y1.22810Y-1.312+2.540
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
EOD-5.604-3.658-1.946
MRQ-4.585-4.204-0.381
TTM-4.585-4.204-0.381
YOY-6.573-6.861+0.288
5Y1.228-8.821+10.049
10Y-1.312-9.552+8.240
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -6.241. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -5.107. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -5.107. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-6.241MRQ-5.107-1.135
MRQ-5.107TTM-5.1070.000
TTM-5.107YOY-5.566+0.460
TTM-5.1075Y-49.133+44.027
5Y-49.13310Y-29.601-19.532
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
EOD-6.241-4.098-2.143
MRQ-5.107-4.517-0.590
TTM-5.107-4.918-0.189
YOY-5.566-6.579+1.013
5Y-49.133-10.771-38.362
10Y-29.601-11.740-17.861
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Magmatic Resources 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 7.91 means the investor is paying $7.91 for each $1 in book value.

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

  • The EOD is 9.671. Based on the equity, the company is overpriced. -1
  • The MRQ is 7.912. Based on the equity, the company is overpriced. -1
  • The TTM is 7.912. Based on the equity, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD9.671MRQ7.912+1.758
MRQ7.912TTM7.9120.000
TTM7.912YOY2.948+4.964
TTM7.9125Y7.371+0.542
5Y7.37110Y5.751+1.620
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
EOD9.6711.240+8.431
MRQ7.9121.215+6.697
TTM7.9121.256+6.656
YOY2.9481.829+1.119
5Y7.3712.381+4.990
10Y5.7512.441+3.310
2. Total Gains per Share

3. Holders & Insider Transactions

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

4. Summary

4.1. Key Performance Indicators

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

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.006-0.0060%-0.002-67%0.001-660%-0.014+129%
Book Value Per Share--0.0110.0110%0.018-36%0.013-15%0.008+40%
Current Ratio--6.0066.0060%12.916-54%7.563-21%7.441-19%
Debt To Asset Ratio--0.1010.1010%0.056+81%0.156-35%1.188-91%
Debt To Equity Ratio--0.1130.1130%0.059+91%0.228-51%0.147-23%
Dividend Per Share--0.0120.0120%-+100%0.009+35%0.004+171%
Eps---0.020-0.0200%-0.008-60%-0.008-58%-0.006-70%
Free Cash Flow Per Share---0.018-0.0180%-0.009-47%-0.009-51%-0.005-70%
Free Cash Flow To Equity Per Share---0.006-0.0060%-0.003-48%0.002-398%0.001-494%
Gross Profit Margin--1.8551.8550%1.713+8%1.451+28%1.226+51%
Intrinsic Value_10Y_max---0.174--------
Intrinsic Value_10Y_min---0.205--------
Intrinsic Value_1Y_max---0.011--------
Intrinsic Value_1Y_min---0.014--------
Intrinsic Value_3Y_max---0.037--------
Intrinsic Value_3Y_min---0.048--------
Intrinsic Value_5Y_max---0.070--------
Intrinsic Value_5Y_min---0.088--------
Market Cap41980290.880+18%34347510.72034347510.7200%19845228.416+73%38774523.213-11%25646141.338+34%
Net Profit Margin---138.477-138.4770%-51.698-63%-38.142-72%-318.551+130%
Operating Margin---141.930-141.9300%-52.980-63%-77.565-45%-336.616+137%
Operating Ratio--141.930141.9300%52.980+168%77.765+83%510.755-72%
Pb Ratio9.671+18%7.9127.9120%2.948+168%7.371+7%5.751+38%
Pe Ratio-5.604-22%-4.585-4.5850%-6.573+43%1.228-473%-1.312-71%
Price Per Share0.110+18%0.0900.0900%0.052+73%0.102-11%0.067+34%
Price To Free Cash Flow Ratio-6.241-22%-5.107-5.1070%-5.566+9%-49.133+862%-29.601+480%
Price To Total Gains Ratio20.588+18%16.84516.8450%-25.205+250%-0.916+105%-1.173+107%
Quick Ratio--5.7555.7550%12.729-55%7.463-23%7.297-21%
Return On Assets---1.551-1.5510%-0.423-73%-0.696-55%-1.170-25%
Return On Equity---1.726-1.7260%-0.448-74%-0.885-49%-0.659-62%
Total Gains Per Share--0.0050.0050%-0.002+139%0.010-45%-0.010+288%
Usd Book Value--2809506.2022809506.2020%4356756.240-36%3313778.554-15%2005730.012+40%
Usd Book Value Change Per Share---0.004-0.0040%-0.001-67%0.001-660%-0.009+129%
Usd Book Value Per Share--0.0070.0070%0.011-36%0.009-15%0.005+40%
Usd Dividend Per Share--0.0080.0080%-+100%0.006+35%0.003+171%
Usd Eps---0.013-0.0130%-0.005-60%-0.005-58%-0.004-70%
Usd Free Cash Flow---4353213.467-4353213.4670%-2307407.795-47%-2149215.288-51%-1326946.847-70%
Usd Free Cash Flow Per Share---0.011-0.0110%-0.006-47%-0.006-51%-0.003-70%
Usd Free Cash Flow To Equity Per Share---0.004-0.0040%-0.002-48%0.001-398%0.001-494%
Usd Market Cap27169644.258+18%22229708.93822229708.9380%12843831.831+73%25094871.423-11%16598182.674+34%
Usd Price Per Share0.071+18%0.0580.0580%0.034+73%0.066-11%0.043+34%
Usd Profit---4848492.975-4848492.9750%-1953922.041-60%-2023767.735-58%-1448140.030-70%
Usd Revenue--35012.87335012.8730%37795.186-7%64259.841-46%47462.477-26%
Usd Total Gains Per Share--0.0030.0030%-0.001+139%0.006-45%-0.007+288%
 EOD+6 -2MRQTTM+0 -0YOY+9 -275Y+8 -2810Y+20 -16

4.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-5.604
Price to Book Ratio (EOD)Between0-19.671
Net Profit Margin (MRQ)Greater than0-138.477
Operating Margin (MRQ)Greater than0-141.930
Quick Ratio (MRQ)Greater than15.755
Current Ratio (MRQ)Greater than16.006
Debt to Asset Ratio (MRQ)Less than10.101
Debt to Equity Ratio (MRQ)Less than10.113
Return on Equity (MRQ)Greater than0.15-1.726
Return on Assets (MRQ)Greater than0.05-1.551
Total4/10 (40.0%)

4.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5061.048
Ma 20Greater thanMa 500.097
Ma 50Greater thanMa 1000.066
Ma 100Greater thanMa 2000.058
OpenGreater thanClose0.120
Total4/5 (80.0%)



Latest Balance Sheet

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

Summary
Total Assets4,830
Total Liabilities489
Total Stockholder Equity4,341
 As reported
Total Liabilities 489
Total Stockholder Equity+ 4,341
Total Assets = 4,830

Assets

Total Assets4,830
Total Current Assets2,935
Long-term Assets1,895
Total Current Assets
Cash And Cash Equivalents 2,855
Short-term Investments -122
Net Receivables 80
Other Current Assets 80
Total Current Assets  (as reported)2,935
Total Current Assets  (calculated)2,893
+/- 42
Long-term Assets
Property Plant Equipment 105
Long Term Investments 421
Long-term Assets Other 1,491
Long-term Assets  (as reported)1,895
Long-term Assets  (calculated)2,017
+/- 122

Liabilities & Shareholders' Equity

Total Current Liabilities489
Long-term Liabilities0
Total Stockholder Equity4,341
Total Current Liabilities
Accounts payable 295
Other Current Liabilities 194
Total Current Liabilities  (as reported)489
Total Current Liabilities  (calculated)489
+/-0
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Common Stock21,728
Retained Earnings -22,335
Other Stockholders Equity 4,948
Total Stockholder Equity (as reported)4,341
Total Stockholder Equity (calculated)4,341
+/-0
Other
Capital Stock21,728
Cash And Equivalents2,855
Cash and Short Term Investments 2,855
Common Stock Shares Outstanding 274,531
Liabilities and Stockholders Equity 4,830
Net Debt -2,855
Net Invested Capital 4,341
Net Tangible Assets 4,341
Net Working Capital 2,446
Property Plant and Equipment Gross 1,473



Balance Sheet

Currency in AUD. All numbers in thousands.

 Trend2023-06-302022-06-302021-06-302020-06-302019-06-302018-06-302017-06-302016-12-312016-06-302015-06-302014-06-302005-06-302004-06-302003-06-302002-06-30
> Total Assets 
73,534
75,453
73,973
70,127
79
43
101
3,849
3,849
2,863
2,098
6,233
8,589
7,129
4,830
4,8307,1298,5896,2332,0982,8633,8493,849101437970,12773,97375,45373,534
   > Total Current Assets 
34,223
37,503
35,066
35,574
79
29
63
3,739
3,739
643
342
4,308
6,230
5,136
2,935
2,9355,1366,2304,3083426433,7393,73963297935,57435,06637,50334,223
       Cash And Cash Equivalents 
26,461
30,469
29,486
29,145
79
12
46
3,711
3,711
553
233
4,235
6,122
5,019
2,855
2,8555,0196,1224,2352335533,7113,71146127929,14529,48630,46926,461
       Net Receivables 
7,091
6,405
4,728
5,652
0
14
18
28
28
90
109
74
108
117
80
8011710874109902828181405,6524,7286,4057,091
       Inventory 
671
629
852
777
0
0
0
0
0
0
0
-74
-108
-117
-80
-80-117-108-740000000777852629671
   > Long-term Assets 
0
0
0
0
0
0
0
110
110
2,220
1,756
1,925
2,359
1,994
1,895
1,8951,9942,3591,9251,7562,2201101100000000
       Property Plant Equipment 
39,311
37,950
38,907
34,079
0
4
28
0
39
2,119
1,665
205
132
157
105
1051571322051,6652,119390284034,07938,90737,95039,311
       Long Term Investments 
0
0
0
0
0
0
0
0
71
101
91
91
859
469
421
42146985991911017100000000
       Intangible Assets 
0
0
0
0
0
0
0
0
37
32
15
0
0
0
0
000015323700000000
       Other Assets 
0
0
0
474
0
10
10
0
71
101
91
91
69
74
421
4217469919110171010100474000
> Total Liabilities 
17,784
16,384
14,057
11,012
92
213
474
109
109
658
902
420
1,070
398
489
4893981,0704209026581091094742139211,01214,05716,38417,784
   > Total Current Liabilities 
8,531
8,656
8,325
5,678
92
213
474
109
109
531
902
344
1,041
398
489
4893981,041344902531109109474213925,6788,3258,6568,531
       Short-term Debt 
0
0
0
0
0
0
440
0
0
0
39
39
41
23
0
023413939000440000000
       Short Long Term Debt 
0
0
0
0
0
0
440
0
0
0
0
0
0
0
0
00000000440000000
       Accounts payable 
4,539
6,658
6,511
4,637
6
1
34
109
106
160
225
136
818
155
295
29515581813622516010610934164,6376,5116,6584,539
       Other Current Liabilities 
3,527
1,292
712
327
86
212
0
0
279
371
677
169
182
220
194
19422018216967737127900212863277121,2923,527
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
127
76
76
29
177
0
0177297676127000000000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
76
29
0
0
00297600000000000
       Capital Lease Obligations Min Short Term Debt
0
0
0
0
0
0
-440
0
0
0
-39
76
29
0
0
002976-39000-440000000
> Total Stockholder Equity
55,750
59,069
59,916
59,115
-13
-170
-373
3,740
3,740
2,206
1,196
5,813
7,519
6,732
4,341
4,3416,7327,5195,8131,1962,2063,7403,740-373-170-1359,11559,91659,06955,750
   Common Stock
40,027
40,027
40,027
40,027
0
0
0
0
4,062
5,838
6,734
15,072
14,580
17,095
21,728
21,72817,09514,58015,0726,7345,8384,062000040,02740,02740,02740,027
   Retained Earnings 
15,247
18,566
19,413
18,612
-13
-170
-373
-2,130
-2,130
-6,701
-8,694
-13,012
-11,824
-14,843
-22,335
-22,335-14,843-11,824-13,012-8,694-6,701-2,130-2,130-373-170-1318,61219,41318,56615,247
   Capital Surplus 000000000000000
   Treasury Stock000000000000000
   Other Stockholders Equity 
476
476
476
476
0
0
0
0
4,669
3,069
3,157
-2,060
-2,756
-2,251
4,948
4,948-2,251-2,756-2,0603,1573,0694,6690000476476476476



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 (+$)
totalRevenue54
Cost of Revenue-65
Gross Profit-11-11
 
Operating Income (+$)
Gross Profit-11
Operating Expense-7,613
Operating Income-7,678-7,624
 
Operating Expense (+$)
Research Development0
Selling General Administrative1,206
Selling And Marketing Expenses6,407
Operating Expense7,6137,613
 
Net Interest Income (+$)
Interest Income0
Interest Expense-0
Other Finance Cost-136
Net Interest Income136
 
Pretax Income (+$)
Operating Income-7,678
Net Interest Income136
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-7,491-7,865
EBIT - interestExpense = -7,679
-7,491
-7,491
Interest Expense0
Earnings Before Interest and Taxes (EBIT)-7,678-7,491
Earnings Before Interest and Taxes (EBITDA)-7,613
 
After tax Income (+$)
Income Before Tax-7,491
Tax Provision-0
Net Income From Continuing Ops-7,491-7,491
Net Income-7,491
Net Income Applicable To Common Shares-7,491
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses7,678
Total Other Income/Expenses Net187-136
 

Technical Analysis of Magmatic Resources Ltd
The psychology behind the price

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

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Magmatic Resources Ltd. The general trend of Magmatic Resources Ltd is BULLISH with 85.7% 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 Magmatic Resources Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator zone transitionsBullish trend (85.7%) Bearish trend (-85.7%)
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 Magmatic Resources Ltd.

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

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

The bullish price targets are: 0.11 < 0.115 < 0.115.

The bearish price targets are: 0.08 > 0.078 > 0.074.

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Magmatic Resources Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

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

Score

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

The long score for the Moving Averages is 13/14.
The longshort score for the Moving Averages is 12/(-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 lower 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

Magmatic Resources Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

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

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

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Magmatic Resources Ltd. The current macd is 0.01020796.

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 below the signal 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 Magmatic Resources Ltd price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Magmatic Resources Ltd. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Magmatic Resources Ltd price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending 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
Magmatic Resources Ltd Daily Moving Average Convergence/Divergence (MACD) ChartMagmatic Resources Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

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


Score

Let's take a look at the Directional Movement Index (DMI) of Magmatic Resources Ltd. The current adx is 33.41.

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 Magmatic Resources 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.
Magmatic Resources Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

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

Score

Let's take a look at the Parabolic SAR of Magmatic Resources Ltd. The current sar is 0.07580888.

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
Magmatic Resources Ltd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

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

Score

Let's take a look at the Relative Strength Index (RSI) of Magmatic Resources Ltd. The current rsi is 61.05. The current phase is Continuation in bull market.

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

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

Compares a certain price to multiple prices ranging over time.

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

Score

Let's take a look at the Stochastic Oscillator of Magmatic Resources Ltd. The current phase is Continuation in bull market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 2/(-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 above the STOCH %D 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 Magmatic Resources Ltd price going up in the near term. +2
  • Trending down: The STOCH %K is trending down. -1
Magmatic Resources Ltd Daily Stochastic Oscillator ChartMagmatic Resources Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

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

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

Score

Let's take a look at the Commodity Channel Index (CCI) of Magmatic Resources Ltd. The current cci is 117.21.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Magmatic Resources Ltd Daily Commodity Channel Index (CCI) ChartMagmatic Resources Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

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

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

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Magmatic Resources Ltd. The current cmo is 22.25.

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
Magmatic Resources Ltd Daily Chande Momentum Oscillator (CMO) ChartMagmatic Resources Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

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

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

Score

Let's take a look at the Williams %R of Magmatic Resources Ltd. The current willr is -42.85714286.

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 Magmatic Resources Ltd is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Magmatic Resources Ltd Daily Williams %R ChartMagmatic Resources Ltd Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

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

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

Score

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

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

Score

Let's take a look at the Average True Range (ATR) of Magmatic Resources Ltd. The current atr is 0.01077885.

Magmatic Resources Ltd Daily Average True Range (ATR) ChartMagmatic Resources Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

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

Score

Let's take a look at the On-Balance Volume (OBV) of Magmatic Resources Ltd. The current obv is 9,277,511.

Magmatic Resources Ltd Daily On-Balance Volume (OBV) ChartMagmatic Resources Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

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

Score

Let's take a look at the Money Flow Index (MFI) of Magmatic Resources Ltd. The current mfi is 52.24.

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
Magmatic Resources Ltd Daily Money Flow Index (MFI) ChartMagmatic Resources Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Magmatic Resources Ltd.

6.2. Trading Signals

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

DateIndicatorSignal
2023-11-22STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-24STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-29CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-30MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-04DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-05CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-06SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the 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).
MFI SHORT ENTRY LONG CLOSE20 crossover t