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MAG (Magmatic Resources Ltd) Stock Analysis
Buy, Hold or Sell?

Let's analyze Magmatic Resources Ltd together

I 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.

  • 📊 Fundamental Analysis (FA) – Magmatic Resources Ltd’s Financial Insights
  • 📈 Technical Analysis (TA) – Magmatic Resources Ltd’s Price Targets

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.

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1. Quick Overview

1.1. Quick analysis of Magmatic Resources Ltd (30 sec.)










1.2. 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$0.00
When do you have the money?
1 year
How often do you get paid?
40.0%

What is your share worth?

Current worth
A$0.02
Expected worth in 1 year
A$0.07
How sure are you?
50.0%

+ What do you gain per year?

Total Gains per Share
A$0.05
Return On Investment
85.0%

For what price can you sell your share?

Current Price per Share
A$0.06
Expected price per share
A$0.032 - A$0.064
How sure are you?
50%
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2. Detailed Analysis

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




Live pricePrice per Share (EOD)
A$0.06
Intrinsic Value Per Share
A$-0.11 - A$-0.04
Total Value Per Share
A$-0.09 - A$-0.02

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




Is Magmatic Resources Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$6m$2.8m$3.2m53.3%

How much money is Magmatic Resources Ltd making?

Current yearPrevious yearGrowGrow %
Making money-$2.2m-$4.9m$2.6m121.6%
Net Profit Margin-3,766.2%-13,846.8%--

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

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




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




  Industry Rankings (Gold)  


Richest
#256 / 427

Most Revenue
#140 / 427

Most Profit
#337 / 427

Most Efficient
#401 / 427
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3. Summary and Key Metrics

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

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.

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$0.056. 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$0.02. Based on the TTM, the Book Value Change Per Share is A$0.01 per quarter. Based on the YOY, the Book Value Change Per Share is A$-0.01 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is A$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Magmatic Resources Ltd.

How much money are you going to get?

 MRQTTMYOY3Y5Y10Y
 A$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per Share
Usd Eps-0.01-9.5%-0.01-9.5%-0.01-21.0%-0.01-13.0%-0.01-9.6%0.00-7.2%
Usd Book Value Change Per Share0.0113.9%0.0113.9%0.00-6.7%0.001.7%0.004.6%0.002.6%
Usd Dividend Per Share0.000.0%0.000.0%0.0112.4%0.004.1%0.008.9%0.004.6%
Usd Total Gains Per Share0.0113.9%0.0113.9%0.005.7%0.005.8%0.0113.5%0.007.2%
Usd Price Per Share0.04-0.04-0.06-0.04-0.07-0.05-
Price to Earnings Ratio-7.28--7.28--5.01--6.49-0.52--2.16-
Price-to-Total Gains Ratio4.96-4.96-18.41--1.39-2.44--0.18-
Price to Book Ratio2.65-2.65-8.65-4.84-7.53-6.40-
Price-to-Total Gains Ratio4.96-4.96-18.41--1.39-2.44--0.18-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.036708
Number of shares27242
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.010.00
Usd Total Gains Per Share0.010.01
Gains per Quarter (27242 shares)212.43205.35
Gains per Year (27242 shares)849.73821.41
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10850840544278811
201699169010875551632
302549254016318332453
4033993390217511113274
5042494240271913884095
6050985090326216664916
7059485940380619445737
8067986790435022216558
9076487640489424997379
10084978490543727778200

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%1.04.00.020.0%1.09.00.010.0%5.010.00.033.3%
Book Value Change Per Share1.00.00.0100.0%1.02.00.033.3%3.02.00.060.0%4.06.00.040.0%7.08.00.046.7%
Dividend per Share0.00.01.00.0%1.00.02.033.3%3.00.02.060.0%4.00.06.040.0%8.00.07.053.3%
Total Gains per Share1.00.00.0100.0%2.01.00.066.7%4.01.00.080.0%5.05.00.050.0%9.06.00.060.0%
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3.2. 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+/-3Y+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.0120.0120%-0.006+148%0.001+735%0.004+206%0.002+433%
Book Value Per Share--0.0220.0220%0.010+114%0.016+37%0.016+38%0.010+128%
Current Ratio--11.21611.2160%6.006+87%10.046+12%9.731+15%5.874+91%
Debt To Asset Ratio--0.1070.1070%0.101+5%0.088+21%0.091+17%1.087-90%
Debt To Equity Ratio--0.1190.1190%0.113+6%0.097+23%0.101+18%0.165-28%
Dividend Per Share----0%0.011-100%0.004-100%0.008-100%0.004-100%
Enterprise Value--29831848.47229831848.4720%39901151.720-25%32013536.203-7%50250118.463-41%40983438.481-27%
Eps---0.008-0.0080%-0.018+122%-0.011+37%-0.008+1%-0.006-24%
Ev To Ebitda Ratio---8.805-8.8050%-5.373-39%-7.660-13%0.191-4709%-3.054-65%
Ev To Sales Ratio--332.311332.3110%737.558-55%506.786-34%736.639-55%1052.972-68%
Free Cash Flow Per Share---0.007-0.0070%-0.016+121%-0.011+46%-0.009+29%-0.006-19%
Free Cash Flow To Equity Per Share--0.0080.0080%-0.005+161%0.000+4086%0.003+183%0.002+374%
Gross Profit Margin--1.7271.7270%1.855-7%1.765-2%1.594+8%1.610+7%
Intrinsic Value_10Y_max---0.045----------
Intrinsic Value_10Y_min---0.110----------
Intrinsic Value_1Y_max---0.006----------
Intrinsic Value_1Y_min---0.011----------
Intrinsic Value_3Y_max---0.016----------
Intrinsic Value_3Y_min---0.033----------
Intrinsic Value_5Y_max---0.025----------
Intrinsic Value_5Y_min---0.055----------
Market Cap23354856.448-5%24606009.47224606009.4720%37534590.720-34%27942417.536-12%46034090.263-47%30486428.685-19%
Net Profit Margin---37.662-37.6620%-138.468+268%-75.943+102%-41.573+10%-298.378+692%
Operating Margin---38.195-38.1950%-138.473+263%-76.378+100%-42.118+10%-297.102+678%
Operating Ratio--40.67940.6790%141.929-71%78.530-48%81.606-50%444.515-91%
Pb Ratio2.511-5%2.6452.6450%8.646-69%4.838-45%7.531-65%6.400-59%
Pe Ratio-6.908+5%-7.278-7.2780%-5.010-31%-6.490-11%0.518-1504%-2.161-70%
Price Per Share0.056-5%0.0590.0590%0.090-34%0.067-12%0.110-47%0.073-19%
Price To Free Cash Flow Ratio-7.690+5%-8.102-8.1020%-5.580-31%-6.588-19%-13.329+65%-12.669+56%
Price To Total Gains Ratio4.707-5%4.9604.9600%18.408-73%-1.392+128%2.443+103%-0.180+104%
Quick Ratio--11.21611.2160%5.755+95%9.900+13%9.630+16%5.822+93%
Return On Assets---0.325-0.3250%-1.551+378%-0.766+136%-0.571+76%-1.119+245%
Return On Equity---0.363-0.3630%-1.726+375%-0.846+133%-0.624+72%-0.683+88%
Total Gains Per Share--0.0120.0120%0.005+143%0.005+140%0.011+3%0.006+93%
Usd Book Value--6097697.6366097697.6360%2845536.644+114%4451954.543+37%4418986.389+38%2676433.310+128%
Usd Book Value Change Per Share--0.0080.0080%-0.004+148%0.001+735%0.003+206%0.001+433%
Usd Book Value Per Share--0.0150.0150%0.007+114%0.011+37%0.011+38%0.006+128%
Usd Dividend Per Share----0%0.007-100%0.002-100%0.005-100%0.003-100%
Usd Enterprise Value--19554776.67319554776.6730%26155204.952-25%20984872.981-7%32938952.653-41%26864643.924-27%
Usd Eps---0.005-0.0050%-0.012+122%-0.007+37%-0.005+1%-0.004-24%
Usd Free Cash Flow---1990770.543-1990770.5430%-4409041.143+121%-2912270.258+46%-2570998.954+29%-1620884.282-19%
Usd Free Cash Flow Per Share---0.005-0.0050%-0.011+121%-0.007+46%-0.006+29%-0.004-19%
Usd Free Cash Flow To Equity Per Share--0.0050.0050%-0.003+161%0.000+4086%0.002+183%0.001+374%
Usd Market Cap15309108.402-5%16129239.20916129239.2090%24603924.217-34%18316254.695-12%30175346.167-47%19983854.003-19%
Usd Price Per Share0.037-5%0.0390.0390%0.059-34%0.044-12%0.072-47%0.048-19%
Usd Profit---2216245.500-2216245.5000%-4910350.500+122%-3035192.022+37%-2231456.378+1%-1684760.004-24%
Usd Revenue--58844.89158844.8910%35461.895+66%44195.558+33%64098.199-8%53014.742+11%
Usd Total Gains Per Share--0.0080.0080%0.003+143%0.003+140%0.008+3%0.004+93%
 EOD+2 -6MRQTTM+0 -0YOY+27 -133Y+28 -125Y+27 -1310Y+24 -16

3.3 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)Between0-15-6.908
Price to Book Ratio (EOD)Between0-12.511
Net Profit Margin (MRQ)Greater than0-37.662
Operating Margin (MRQ)Greater than0-38.195
Quick Ratio (MRQ)Greater than111.216
Current Ratio (MRQ)Greater than111.216
Debt to Asset Ratio (MRQ)Less than10.107
Debt to Equity Ratio (MRQ)Less than10.119
Return on Equity (MRQ)Greater than0.15-0.363
Return on Assets (MRQ)Greater than0.05-0.325
Total4/10 (40.0%)

3.4 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 than5073.739
Ma 20Greater thanMa 500.044
Ma 50Greater thanMa 1000.040
Ma 100Greater thanMa 2000.043
OpenGreater thanClose0.055
Total2/5 (40.0%)

4. In-depth Analysis

4.1 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. Magmatic Resources Limited holds 100% interests in the Myall, Parkes, and Wellington North projects located in the East Lachlan region, New South Wales. The company was incorporated in 2016 and is headquartered in Orange, Australia.

Fundamental data was last updated by Penke on 2025-06-30 15:47:07.

4.2 In-depth Summary

4.2.1. Financial Health Summary

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.

4.2.2. Valuation Summary

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

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. 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 -3,766.2% means that $-37.66 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 -3,766.2%. The company is making a huge loss. -2
  • The TTM is -3,766.2%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-3,766.2%TTM-3,766.2%0.0%
TTM-3,766.2%YOY-13,846.8%+10,080.6%
TTM-3,766.2%5Y-4,157.3%+391.0%
5Y-4,157.3%10Y-29,837.8%+25,680.5%
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ-3,766.2%11.3%-3,777.5%
TTM-3,766.2%7.6%-3,773.8%
YOY-13,846.8%-10.5%-13,836.3%
3Y-7,594.3%-5.2%-7,589.1%
5Y-4,157.3%-10.3%-4,147.0%
10Y-29,837.8%-35.1%-29,802.7%
4.3.1.2. 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.
  • -32.5% Return on Assets means that Magmatic Resources Ltd generated $-0.32 profit for each $1 in assets.

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

  • The MRQ is -32.5%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -32.5%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-32.5%TTM-32.5%0.0%
TTM-32.5%YOY-155.1%+122.6%
TTM-32.5%5Y-57.1%+24.6%
5Y-57.1%10Y-111.9%+54.8%
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ-32.5%-4.2%-28.3%
TTM-32.5%-4.0%-28.5%
YOY-155.1%-4.1%-151.0%
3Y-76.6%-6.0%-70.6%
5Y-57.1%-5.8%-51.3%
10Y-111.9%-8.8%-103.1%
4.3.1.3. 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.
  • -36.3% Return on Equity means Magmatic Resources Ltd generated $-0.36 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 -36.3%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -36.3%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-36.3%TTM-36.3%0.0%
TTM-36.3%YOY-172.6%+136.2%
TTM-36.3%5Y-62.4%+26.1%
5Y-62.4%10Y-68.3%+5.8%
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ-36.3%-3.4%-32.9%
TTM-36.3%-3.2%-33.1%
YOY-172.6%-4.1%-168.5%
3Y-84.6%-5.9%-78.7%
5Y-62.4%-6.2%-56.2%
10Y-68.3%-8.9%-59.4%
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4.3.2. Operating Efficiency of Magmatic Resources Ltd.

4.3.2. Operating Efficiency
4.3.2.1. 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 -3,819.5% means the company generated $-38.20  for each $1 in revenue (before taxes).

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

  • The MRQ is -3,819.5%. The company is operating very inefficient. -2
  • The TTM is -3,819.5%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-3,819.5%TTM-3,819.5%0.0%
TTM-3,819.5%YOY-13,847.3%+10,027.8%
TTM-3,819.5%5Y-4,211.8%+392.3%
5Y-4,211.8%10Y-29,710.2%+25,498.4%
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ-3,819.5%-0.7%-3,818.8%
TTM-3,819.5%7.9%-3,827.4%
YOY-13,847.3%-1.3%-13,846.0%
3Y-7,637.8%-3.2%-7,634.6%
5Y-4,211.8%-8.7%-4,203.1%
10Y-29,710.2%-25.6%-29,684.6%
4.3.2.2. 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 40.68 means that the operating costs are $40.68 for each $1 in net sales.

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

  • The MRQ is 40.679. The company is inefficient in keeping operating costs low. -1
  • The TTM is 40.679. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ40.679TTM40.6790.000
TTM40.679YOY141.929-101.250
TTM40.6795Y81.606-40.927
5Y81.60610Y444.515-362.909
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ40.6791.137+39.542
TTM40.6791.156+39.523
YOY141.9291.390+140.539
3Y78.5301.362+77.168
5Y81.6061.386+80.220
10Y444.5151.577+442.938
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4.4.3. Liquidity of Magmatic Resources Ltd.

4.4.3. Liquidity
4.4.3.1. 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 11.22 means the company has $11.22 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 11.216. The company is very able to pay all its short-term debts. +2
  • The TTM is 11.216. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ11.216TTM11.2160.000
TTM11.216YOY6.006+5.211
TTM11.2165Y9.731+1.486
5Y9.73110Y5.874+3.857
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ11.2162.296+8.920
TTM11.2162.320+8.896
YOY6.0062.574+3.432
3Y10.0463.334+6.712
5Y9.7314.008+5.723
10Y5.8744.675+1.199
4.4.3.2. 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 11.22 means the company can pay off $11.22 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 11.216. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 11.216. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ11.216TTM11.2160.000
TTM11.216YOY5.755+5.461
TTM11.2165Y9.630+1.587
5Y9.63010Y5.822+3.808
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ11.2160.520+10.696
TTM11.2160.672+10.544
YOY5.7551.267+4.488
3Y9.9001.493+8.407
5Y9.6302.186+7.444
10Y5.8222.748+3.074
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4.5.4. Solvency of Magmatic Resources Ltd.

4.5.4. Solvency
4.5.4.1. 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 0.11 means that Magmatic Resources Ltd assets are financed with 10.7% credit (debt) and the remaining percentage (100% - 10.7%) 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 0.107. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.107. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.107TTM0.1070.000
TTM0.107YOY0.101+0.005
TTM0.1075Y0.091+0.015
5Y0.09110Y1.087-0.996
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1070.230-0.123
TTM0.1070.238-0.131
YOY0.1010.197-0.096
3Y0.0880.214-0.126
5Y0.0910.218-0.127
10Y1.0870.279+0.808
4.5.4.2. 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 11.9% means that company has $0.12 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 0.119. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.119. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.119TTM0.1190.000
TTM0.119YOY0.113+0.007
TTM0.1195Y0.101+0.018
5Y0.10110Y0.165-0.064
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1190.233-0.114
TTM0.1190.248-0.129
YOY0.1130.219-0.106
3Y0.0970.237-0.140
5Y0.1010.264-0.163
10Y0.1650.312-0.147
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4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. 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 -7.28 means the investor is paying $-7.28 for every $1 in earnings.

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

  • The EOD is -6.908. Based on the earnings, the company is expensive. -2
  • The MRQ is -7.278. Based on the earnings, the company is expensive. -2
  • The TTM is -7.278. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-6.908MRQ-7.278+0.370
MRQ-7.278TTM-7.2780.000
TTM-7.278YOY-5.010-2.267
TTM-7.2785Y0.518-7.796
5Y0.51810Y-2.161+2.680
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
EOD-6.908-3.847-3.061
MRQ-7.278-3.414-3.864
TTM-7.278-3.788-3.490
YOY-5.010-6.033+1.023
3Y-6.490-6.851+0.361
5Y0.518-9.282+9.800
10Y-2.161-10.265+8.104
4.6.2.2. 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 -7.690. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -8.102. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -8.102. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-7.690MRQ-8.102+0.412
MRQ-8.102TTM-8.1020.000
TTM-8.102YOY-5.580-2.522
TTM-8.1025Y-13.329+5.227
5Y-13.32910Y-12.669-0.660
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
EOD-7.690-5.892-1.798
MRQ-8.102-5.022-3.080
TTM-8.102-4.896-3.206
YOY-5.580-6.388+0.808
3Y-6.588-7.186+0.598
5Y-13.329-10.545-2.784
10Y-12.669-13.127+0.458
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4.6.2. Book Value per Share
4.6.2.1. 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 2.65 means the investor is paying $2.65 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 2.511. Based on the equity, the company is underpriced. +1
  • The MRQ is 2.645. Based on the equity, the company is underpriced. +1
  • The TTM is 2.645. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD2.511MRQ2.645-0.134
MRQ2.645TTM2.6450.000
TTM2.645YOY8.646-6.001
TTM2.6455Y7.531-4.886
5Y7.53110Y6.400+1.131
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
EOD2.5111.761+0.750
MRQ2.6451.495+1.150
TTM2.6451.453+1.192
YOY8.6461.539+7.107
3Y4.8381.716+3.122
5Y7.5312.502+5.029
10Y6.4002.942+3.458
4.6.2. Total Gains per Share

4.7 Holders & Insider Transactions

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

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5. Financial Statements




5.1. Reversals in quarterly reports

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

 2020-06-302021-06-302022-06-302023-06-302024-06-30
Gross Profit  -8544-4024-165-1110190



5.2. Latest Balance Sheet

Balance Sheet of 2024-06-30. Currency in AUD. All numbers in thousands.

Summary
Total Assets10,412
Total Liabilities1,110
Total Stockholder Equity9,302
 As reported
Total Liabilities 1,110
Total Stockholder Equity+ 9,302
Total Assets = 10,412

Assets

Total Assets10,412
Total Current Assets6,604
Long-term Assets3,808
Total Current Assets
Cash And Cash Equivalents 6,335
Net Receivables 268
Inventory -268
Other Current Assets 268
Total Current Assets  (as reported)6,604
Total Current Assets  (calculated)6,604
+/-0
Long-term Assets
Property Plant Equipment 2,069
Long Term Investments 1,739
Long-term Assets  (as reported)3,808
Long-term Assets  (calculated)3,808
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities589
Long-term Liabilities521
Total Stockholder Equity9,302
Total Current Liabilities
Short-term Debt 60
Accounts payable 235
Other Current Liabilities 294
Total Current Liabilities  (as reported)589
Total Current Liabilities  (calculated)589
+/-0
Long-term Liabilities
Capital Lease Obligations Min Short Term Debt521
Long-term Liabilities  (as reported)521
Long-term Liabilities  (calculated)521
+/-0
Total Stockholder Equity
Common Stock28,291
Retained Earnings -25,716
Accumulated Other Comprehensive Income 6,728
Total Stockholder Equity (as reported)9,302
Total Stockholder Equity (calculated)9,302
+/-0
Other
Capital Stock28,291
Cash and Short Term Investments 6,335
Common Stock Shares Outstanding 390,961
Current Deferred Revenue2
Liabilities and Stockholders Equity 10,412
Net Debt -5,755
Net Invested Capital 9,302
Net Working Capital 6,015
Property Plant and Equipment Gross 2,069
Short Long Term Debt Total 580



5.3. Balance Sheets Structured

Currency in AUD. All numbers in thousands.

 Trend2024-06-302023-06-302022-06-302021-06-302020-06-302019-06-302018-06-302017-06-302016-12-312016-06-302015-06-302014-06-302005-06-302004-06-302003-06-302002-06-30
> Total Assets 
73,534
75,453
73,973
70,127
79
43
101
3,849
4,649
2,863
2,098
6,233
8,589
7,129
4,830
10,412
10,4124,8307,1298,5896,2332,0982,8634,6493,849101437970,12773,97375,45373,534
   > Total Current Assets 
34,223
37,503
35,066
35,574
79
29
63
3,739
3,165
643
342
4,308
6,230
5,136
2,935
6,604
6,6042,9355,1366,2304,3083426433,1653,73963297935,57435,06637,50334,223
       Cash And Cash Equivalents 
26,461
30,469
29,486
29,145
79
12
46
3,711
3,080
553
233
4,235
6,122
5,019
2,855
6,335
6,3352,8555,0196,1224,2352335533,0803,71146127929,14529,48630,46926,461
       Net Receivables 
7,091
6,405
4,728
5,652
0
14
18
28
85
90
109
74
108
117
80
268
2688011710874109908528181405,6524,7286,4057,091
       Inventory 
671
629
852
777
0
0
0
0
-85
-90
-109
-74
-108
-117
-80
-268
-268-80-117-108-74-109-90-850000777852629671
   > Long-term Assets 
0
0
0
0
0
14
38
110
1,484
2,119
1,665
1,925
2,359
1,994
1,895
3,808
3,8081,8951,9942,3591,9251,6652,1191,484110381400000
       Property Plant Equipment 
39,311
37,950
38,907
34,079
0
4
28
0
1,413
2,087
1,650
205
132
157
105
2,069
2,0691051571322051,6502,0871,4130284034,07938,90737,95039,311
       Long Term Investments 
0
0
0
0
0
0
0
0
71
101
91
91
859
469
421
1,739
1,73942146985991911017100000000
       Intangible Assets 
0
0
0
0
0
0
0
0
37
32
15
0
0
0
0
0
0000015323700000000
       Other Assets 
0
0
0
474
0
0
10
0
71
101
91
91
69
74
421
0
0421746991911017101000474000
> Total Liabilities 
17,784
16,384
14,057
11,012
92
213
474
109
385
658
902
420
1,070
398
489
1,110
1,1104893981,0704209026583851094742139211,01214,05716,38417,784
   > Total Current Liabilities 
8,531
8,656
8,325
5,678
92
213
474
109
385
531
902
344
1,041
398
489
589
5894893981,041344902531385109474213925,6788,3258,6568,531
       Short-term Debt 
0
0
0
0
0
212
440
0
146
291
47
39
41
23
0
60
60023413947291146044021200000
       Short Long Term Debt 
0
0
0
0
0
0
440
0
0
0
0
0
0
0
0
0
000000000440000000
       Accounts payable 
4,539
6,658
6,511
4,637
6
1
34
109
106
160
225
136
818
155
295
235
23529515581813622516010610934164,6376,5116,6584,539
       Other Current Liabilities 
3,527
1,292
712
327
86
212
440
0
133
371
677
169
182
220
194
294
2941942201821696773711330440212863277121,2923,527
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
127
76
76
29
177
0
521
5210177297676127000000000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
76
29
0
0
0
000297600000000000
       Capital Lease Obligations Min Short Term Debt
0
0
0
0
0
-212
-440
0
-146
-291
-47
76
29
0
0
521
521002976-47-291-1460-440-21200000
> Total Stockholder Equity
55,750
59,069
59,916
59,115
-13
-170
-373
3,740
4,264
2,206
1,196
5,813
7,519
6,732
4,341
9,302
9,3024,3416,7327,5195,8131,1962,2064,2643,740-373-170-1359,11559,91659,06955,750
   Common Stock
40,027
40,027
40,027
40,027
0
0
0
0
3,763
5,838
6,734
15,072
14,580
17,095
21,728
28,291
28,29121,72817,09514,58015,0726,7345,8383,763000040,02740,02740,02740,027
   Retained Earnings 
15,247
18,566
19,413
18,612
-13
-170
-373
-2,130
-4,167
-6,701
-8,694
-13,012
-11,824
-14,843
-22,335
-25,716
-25,716-22,335-14,843-11,824-13,012-8,694-6,701-4,167-2,130-373-170-1318,61219,41318,56615,247
   Capital Surplus 0000000000000000
   Treasury Stock0000000000000000
   Other Stockholders Equity 
476
476
476
476
13
0
373
0
4,669
3,069
3,157
-2,060
-2,756
-2,251
4,948
0
04,948-2,251-2,756-2,0603,1573,0694,6690373013476476476476



5.4. Balance Sheets

Currency in AUD. All numbers in thousands.




5.5. Cash Flows

Currency in AUD. All numbers in thousands.




5.6. Income Statements

Currency in AUD. All numbers in thousands.


5.7. Latest Income Statement

Income Statement (annual), 2024-06-30. Currency in AUD. All numbers in thousands.

Gross Profit (+$)
totalRevenue90
Cost of Revenue-133
Gross Profit90-43
 
Operating Income (+$)
Gross Profit90
Operating Expense-3,519
Operating Income-3,429-3,429
 
Operating Expense (+$)
Research Development0
Selling General Administrative1,062
Selling And Marketing Expenses2,457
Operating Expense3,5193,519
 
Net Interest Income (+$)
Interest Income94
Interest Expense-46
Other Finance Cost-0
Net Interest Income47
 
Pretax Income (+$)
Operating Income-3,429
Net Interest Income47
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-3,381-3,477
EBIT - interestExpense = -3,475
-3,381
-3,335
Interest Expense46
Earnings Before Interest and Taxes (EBIT)-3,429-3,335
Earnings Before Interest and Taxes (EBITDA)-3,388
 
After tax Income (+$)
Income Before Tax-3,381
Tax Provision-0
Net Income From Continuing Ops-3,381-3,381
Net Income-3,381
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses3,519
Total Other Income/Expenses Net48-47
 

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 28.6% 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 (28.6%) Bearish trend (-28.6%)
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. Magmatic Resources Ltd 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: 0.059 < 0.062 < 0.064.

The bearish price targets are: 0.045 > 0.045 > 0.032.

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Magmatic Resources Ltd Daily Support & Resistance Chart
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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 9/14.
The longshort score for the Moving Averages is 4/(-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 lower 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 lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower 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 down: The MA 200 is trending down. -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 0.00381282.

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

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Magmatic Resources Ltd price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for 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 23.79.

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 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 below 25 and indicates a weak or no trend. However, the ADX is rising and a new bullish trend could be forming. +1
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 0.04343357.

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
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

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

Score

Let's take a look at the Relative Strength Index (RSI) of Magmatic Resources Ltd. The current rsi is 73.74. The current phase is Overbought in bull market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is 0/(-13 +13).

  • Overbought in bull market: Short-term excessive buying, potential for pullback. Consider taking profits, be cautious of potential correction. -1
  • Trending up: The RSI is trending up. +1
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 Overbought in bull market.

The long score for the Stochastic Oscillator is 5/6.
The longshort score for the Stochastic Oscillator is 4/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • 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 182.66.

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 55.38.

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 -18.18181818.

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

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Magmatic Resources Ltd Daily Williams %R ChartMagmatic Resources Ltd Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

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

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

Score

Let's take a look at the Bollinger Bands of 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 0.0038338.

Magmatic Resources Ltd Daily Average True Range (ATR) ChartMagmatic Resources Ltd Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

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

Score

Let's take a look at the On-Balance Volume (OBV) of Magmatic Resources Ltd. The current obv is 3,557,471.

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 80.73.

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

  • MFI > 50: +1
  • MFI > 80: +1
Magmatic Resources Ltd Daily Money Flow Index (MFI) ChartMagmatic Resources Ltd Daily Money Flow Index (MFI) Chart
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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
2025-02-12STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-02-17MACD 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.
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).
2025-02-19STOCH LONG EXITThe %K line crosses below the %D line.
2025-02-21CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-02-24STOCH 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
2025-02-25STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-02-26MACD 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.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-02-27DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2025-02-28STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-03-04DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2025-03-05DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-06DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-03-07STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-10MACD 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.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-03-12STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-13MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2025-03-17ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-03-18STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-19RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2025-03-20STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-03-21STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-03-24SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-03-25CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-03-26MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-03-27WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-03-28MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-03-31STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-02STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-04-03STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-04DMI 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.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-04-07STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-08ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-04-09STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-04-11STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-15SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-04-16STOCH 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).
2025-04-22STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-04-23STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-04-24STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-04-29MACD 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
2025-04-30STOCH 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).
2025-05-02STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-05STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-06CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-05-07STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-08STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-12STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-05-13WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-05-14STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-15MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-05-16STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-05-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH 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
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-05-26CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-05-28STOCH 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).
2025-05-29STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-30WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-06-03MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2025-06-05STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-11CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-06-12DMI 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
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-06-13STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-18STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-06-19STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-23STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-06-24WILLR 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).
2025-06-27MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-06-30STOCH LONG EXITThe %K line crosses below the %D line.
2025-07-01WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-07-02RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-07-03STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-07-04BB 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

6.3. Candlestick Patterns

Magmatic Resources Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. 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 than5073.739
Ma 20Greater thanMa 500.044
Ma 50Greater thanMa 1000.040
Ma 100Greater thanMa 2000.043
OpenGreater thanClose0.055
Total2/5 (40.0%)
Penke
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