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Mako Gold Ltd
Buy, Hold or Sell?

Let's analyse Mako Gold Ltd together

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

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

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Quick analysis of Mako Gold Ltd (30 sec.)










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

How much money do you get?

How much money do you get?
A$0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
A$0.05
Expected worth in 1 year
A$0.09
How sure are you?
62.5%

+ What do you gain per year?

Total Gains per Share
A$0.04
Return On Investment
307.6%

For what price can you sell your share?

Current Price per Share
A$0.01
Expected price per share
A$0.011 - A$0.026
How sure are you?
50%
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1. Valuation of Mako Gold Ltd (5 min.)




Live pricePrice per Share (EOD)

A$0.01

Intrinsic Value Per Share

A$-0.12 - A$-0.12

Total Value Per Share

A$-0.08 - A$-0.07

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




Is Mako Gold Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$21.1m$17.1m$4m18.9%

How much money is Mako Gold Ltd making?

Current yearPrevious yearGrowGrow %
Making money-$1m-$941.7k-$93.2k-9.0%
Net Profit Margin-8,703.4%-88,578.3%--

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

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




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




  Industry Rankings (Gold)  


Richest
#203 / 516

Most Revenue
#217 / 516

Most Profit
#310 / 516

Most Efficient
#476 / 516
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What can you expect buying and holding a share of Mako Gold Ltd? (5 min.)

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

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

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

Speculation

The Price per Share of Mako Gold Ltd is A$0.012. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Mako Gold Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

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

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is A$0.05. 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 Mako Gold Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 A$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per Share
Usd Eps0.00-13.0%0.00-13.0%0.00-11.8%0.00-12.0%0.00-8.3%
Usd Book Value Change Per Share0.0150.5%0.0150.5%0.0169.1%0.0143.5%0.0033.3%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.0150.5%0.0150.5%0.0169.1%0.0143.5%0.0033.3%
Usd Price Per Share0.02-0.02-0.04-0.05-0.05-
Price to Earnings Ratio-11.76--11.76--27.25--33.10--47.16-
Price-to-Total Gains Ratio3.03-3.03-4.67--111.54--180.40-
Price to Book Ratio0.57-0.57-1.49-4.98-6.14-
Price-to-Total Gains Ratio3.03-3.03-4.67--111.54--180.40-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.0078756
Number of shares126974
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.010.01
Usd Total Gains Per Share0.010.01
Gains per Quarter (126974 shares)768.95663.38
Gains per Year (126974 shares)3,075.792,653.53
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1030763066026542644
2061526142053075298
3092279218079617952
40123031229401061410606
50153791537001326813260
60184551844601592115914
70215312152201857518568
80246062459802122821222
90276822767402388223876
100307583075002653526530

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.01.00.00.0%0.03.00.00.0%0.05.00.00.0%0.08.00.00.0%0.08.00.00.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%5.03.00.062.5%5.03.00.062.5%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.08.00.0%0.00.08.00.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%5.03.00.062.5%5.03.00.062.5%
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Fundamentals of Mako Gold Ltd

About Mako Gold Ltd

Mako Gold Limited engages in the acquisition, exploration, and development of gold tenements in Africa. The company's flagship property is the Napié gold project covering an area of approximately 224 square kilometers located in the north-central Côte d'Ivoire within the Daloa greenstone belt, West Africa. It also holds interest in the Korhogo project that covers an area of 296 square kilometers located in north-central Côte d'Ivoire. Mako Gold Limited was incorporated in 2015 and is based in Brisbane, Australia.

Fundamental data was last updated by Penke on 2024-02-18 04:10:05.

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 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 cheap.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.
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1.1. Profitability of Mako Gold Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Mako Gold Ltd to the Gold industry mean.
  • A Net Profit Margin of -8,703.4% means that $-87.03 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Mako Gold Ltd:

  • The MRQ is -8,703.4%. The company is making a huge loss. -2
  • The TTM is -8,703.4%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-8,703.4%TTM-8,703.4%0.0%
TTM-8,703.4%YOY-88,578.3%+79,874.8%
TTM-8,703.4%5Y-32,973.3%+24,269.9%
5Y-32,973.3%10Y-22,083.3%-10,890.0%
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ-8,703.4%-2.0%-8,701.4%
TTM-8,703.4%-5.4%-8,698.0%
YOY-88,578.3%-3.3%-88,575.0%
5Y-32,973.3%-22.1%-32,951.2%
10Y-22,083.3%-30.1%-22,053.2%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Mako Gold Ltd to the Gold industry mean.
  • -4.6% Return on Assets means that Mako Gold Ltd generated $-0.05 profit for each $1 in assets.

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

  • The MRQ is -4.6%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -4.6%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-4.6%TTM-4.6%0.0%
TTM-4.6%YOY-5.1%+0.5%
TTM-4.6%5Y-11.5%+6.9%
5Y-11.5%10Y-141.1%+129.6%
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ-4.6%-3.7%-0.9%
TTM-4.6%-4.7%+0.1%
YOY-5.1%-4.8%-0.3%
5Y-11.5%-7.0%-4.5%
10Y-141.1%-8.7%-132.4%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Mako Gold Ltd to the Gold industry mean.
  • -4.9% Return on Equity means Mako Gold Ltd generated $-0.05 for each $1 the owners (shareholders) invested.

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

  • The MRQ is -4.9%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -4.9%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-4.9%TTM-4.9%0.0%
TTM-4.9%YOY-5.5%+0.6%
TTM-4.9%5Y-12.6%+7.7%
5Y-12.6%10Y-9.4%-3.2%
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ-4.9%-3.7%-1.2%
TTM-4.9%-4.6%-0.3%
YOY-5.5%-5.4%-0.1%
5Y-12.6%-8.4%-4.2%
10Y-9.4%-10.5%+1.1%
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1.2. Operating Efficiency of Mako Gold Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Mako Gold Ltd is operating .

  • Measures how much profit Mako Gold Ltd makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Mako Gold Ltd to the Gold industry mean.
  • An Operating Margin of -8,759.8% means the company generated $-87.60  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Mako Gold Ltd:

  • The MRQ is -8,759.8%. The company is operating very inefficient. -2
  • The TTM is -8,759.8%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-8,759.8%TTM-8,759.8%0.0%
TTM-8,759.8%YOY-88,578.3%+79,818.5%
TTM-8,759.8%5Y-33,320.8%+24,561.0%
5Y-33,320.8%10Y-21,808.5%-11,512.3%
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ-8,759.8%-4.8%-8,755.0%
TTM-8,759.8%1.6%-8,761.4%
YOY-88,578.3%3.5%-88,581.8%
5Y-33,320.8%-9.6%-33,311.2%
10Y-21,808.5%-20.5%-21,788.0%
1.2.2. Operating Ratio

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

  • Below 1 is considered healthy (always compare to Gold industry mean).
  • An Operation Ratio of 108.42 means that the operating costs are $108.42 for each $1 in net sales.

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

  • The MRQ is 108.416. The company is inefficient in keeping operating costs low. -1
  • The TTM is 108.416. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ108.416TTM108.4160.000
TTM108.416YOY1,122.702-1,014.286
TTM108.4165Y418.499-310.083
5Y418.49910Y274.316+144.183
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ108.4161.497+106.919
TTM108.4161.319+107.097
YOY1,122.7021.343+1,121.359
5Y418.4991.515+416.984
10Y274.3161.499+272.817
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1.3. Liquidity of Mako Gold Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Mako Gold Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Gold industry mean).
  • A Current Ratio of 1.61 means the company has $1.61 in assets for each $1 in short-term debts.

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

  • The MRQ is 1.612. The company is able to pay all its short-term debts. +1
  • The TTM is 1.612. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.612TTM1.6120.000
TTM1.612YOY1.691-0.080
TTM1.6125Y2.438-0.826
5Y2.43810Y9.120-6.682
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ1.6122.456-0.844
TTM1.6122.581-0.969
YOY1.6913.682-1.991
5Y2.4384.079-1.641
10Y9.1204.493+4.627
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Mako Gold Ltd to the Gold industry mean.
  • A Quick Ratio of 1.60 means the company can pay off $1.60 for each $1 in debt (using most liquid assets).

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

  • The MRQ is 1.599. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 1.599. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ1.599TTM1.5990.000
TTM1.599YOY1.674-0.074
TTM1.5995Y1.900-0.300
5Y1.90010Y8.770-6.870
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5990.804+0.795
TTM1.5990.690+0.909
YOY1.6740.973+0.701
5Y1.9001.318+0.582
10Y8.7701.428+7.342
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1.4. Solvency of Mako Gold Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

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

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

  • The MRQ is 0.057. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.057. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.057TTM0.0570.000
TTM0.057YOY0.073-0.015
TTM0.0575Y0.083-0.026
5Y0.08310Y1.518-1.435
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0570.196-0.139
TTM0.0570.192-0.135
YOY0.0730.162-0.089
5Y0.0830.221-0.138
10Y1.5180.245+1.273
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Mako Gold Ltd to the Gold industry mean.
  • A Debt to Equity ratio of 6.1% means that company has $0.06 debt for each $1 in shareholders equity.

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

  • The MRQ is 0.061. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.061. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.061TTM0.0610.000
TTM0.061YOY0.079-0.018
TTM0.0615Y0.092-0.031
5Y0.09210Y0.079+0.013
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0610.196-0.135
TTM0.0610.197-0.136
YOY0.0790.172-0.093
5Y0.0920.237-0.145
10Y0.0790.270-0.191
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2. Market Valuation of Mako Gold Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

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

  • Above 15 is considered overpriced but always compare Mako Gold Ltd to the Gold industry mean.
  • A PE ratio of -11.76 means the investor is paying $-11.76 for every $1 in earnings.

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

  • The EOD is -5.040. Based on the earnings, the company is expensive. -2
  • The MRQ is -11.761. Based on the earnings, the company is expensive. -2
  • The TTM is -11.761. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-5.040MRQ-11.761+6.720
MRQ-11.761TTM-11.7610.000
TTM-11.761YOY-27.251+15.490
TTM-11.7615Y-33.101+21.340
5Y-33.10110Y-47.159+14.058
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
EOD-5.040-2.750-2.290
MRQ-11.761-3.565-8.196
TTM-11.761-4.313-7.448
YOY-27.251-6.871-20.380
5Y-33.101-9.138-23.963
10Y-47.159-9.341-37.818
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -1.659. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -3.870. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -3.870. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-1.659MRQ-3.870+2.212
MRQ-3.870TTM-3.8700.000
TTM-3.870YOY-3.590-0.280
TTM-3.8705Y-11.100+7.229
5Y-11.10010Y-19.070+7.971
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
EOD-1.659-3.259+1.600
MRQ-3.870-4.033+0.163
TTM-3.870-4.908+1.038
YOY-3.590-7.238+3.648
5Y-11.100-11.194+0.094
10Y-19.070-11.642-7.428
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2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Mako Gold Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Gold industry mean).
  • A PB ratio of 0.57 means the investor is paying $0.57 for each $1 in book value.

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

  • The EOD is 0.246. Based on the equity, the company is cheap. +2
  • The MRQ is 0.575. Based on the equity, the company is cheap. +2
  • The TTM is 0.575. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.246MRQ0.575-0.329
MRQ0.575TTM0.5750.000
TTM0.575YOY1.495-0.920
TTM0.5755Y4.978-4.403
5Y4.97810Y6.139-1.161
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
EOD0.2460.948-0.702
MRQ0.5751.179-0.604
TTM0.5751.277-0.702
YOY1.4951.803-0.308
5Y4.9782.410+2.568
10Y6.1392.481+3.658
2. Total Gains per Share

3. Holders & Insider Transactions

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

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4. Summary

4.1. Key Performance Indicators

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

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.0090.0090%0.013-27%0.008+16%0.006+52%
Book Value Per Share--0.0490.0490%0.039+23%0.027+82%0.019+157%
Current Ratio--1.6121.6120%1.691-5%2.438-34%9.120-82%
Debt To Asset Ratio--0.0570.0570%0.073-21%0.083-31%1.518-96%
Debt To Equity Ratio--0.0610.0610%0.079-22%0.092-34%0.079-23%
Dividend Per Share----0%-0%-0%-0%
Eps---0.002-0.0020%-0.002-9%-0.002-8%-0.002-36%
Free Cash Flow Per Share---0.007-0.0070%-0.016+127%-0.009+22%-0.006-18%
Free Cash Flow To Equity Per Share--0.0010.0010%-0.002+258%0.000+340%0.001+42%
Gross Profit Margin--1.1141.1140%1.000+11%1.023+9%1.014+10%
Intrinsic Value_10Y_max---0.120--------
Intrinsic Value_10Y_min---0.125--------
Intrinsic Value_1Y_max---0.010--------
Intrinsic Value_1Y_min---0.012--------
Intrinsic Value_3Y_max---0.031--------
Intrinsic Value_3Y_min---0.036--------
Intrinsic Value_5Y_max---0.054--------
Intrinsic Value_5Y_min---0.062--------
Market Cap7948908.288-133%18547452.67218547452.6720%39082132.416-53%47163522.509-61%47312564.539-61%
Net Profit Margin---87.034-87.0340%-885.783+918%-329.733+279%-220.833+154%
Operating Margin---87.598-87.5980%-885.783+911%-333.208+280%-218.085+149%
Operating Ratio--108.416108.4160%1122.702-90%418.499-74%274.316-60%
Pb Ratio0.246-133%0.5750.5750%1.495-62%4.978-88%6.139-91%
Pe Ratio-5.040+57%-11.761-11.7610%-27.251+132%-33.101+181%-47.159+301%
Price Per Share0.012-133%0.0280.0280%0.059-53%0.071-61%0.071-61%
Price To Free Cash Flow Ratio-1.659+57%-3.870-3.8700%-3.590-7%-11.100+187%-19.070+393%
Price To Total Gains Ratio1.300-133%3.0343.0340%4.672-35%-111.539+3776%-180.396+6045%
Quick Ratio--1.5991.5990%1.674-4%1.900-16%8.770-82%
Return On Assets---0.046-0.0460%-0.051+10%-0.115+150%-1.411+2961%
Return On Equity---0.049-0.0490%-0.055+12%-0.126+158%-0.094+93%
Total Gains Per Share--0.0090.0090%0.013-27%0.008+16%0.006+52%
Usd Book Value--21169946.20021169946.2000%17158429.272+23%11625695.312+82%8252709.898+157%
Usd Book Value Change Per Share--0.0060.0060%0.008-27%0.005+16%0.004+52%
Usd Book Value Per Share--0.0320.0320%0.026+23%0.018+82%0.012+157%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.002-0.0020%-0.001-9%-0.001-8%-0.001-36%
Usd Free Cash Flow---3145162.384-3145162.3840%-7144808.230+127%-3842384.898+22%-2570351.137-18%
Usd Free Cash Flow Per Share---0.005-0.0050%-0.011+127%-0.006+22%-0.004-18%
Usd Free Cash Flow To Equity Per Share--0.0010.0010%-0.001+258%0.000+340%0.001+42%
Usd Market Cap5216868.509-133%12172693.18912172693.1890%25649603.505-53%30953419.823-61%31051236.107-61%
Usd Price Per Share0.008-133%0.0180.0180%0.039-53%0.047-61%0.047-61%
Usd Profit---1035027.103-1035027.1030%-941769.498-9%-954462.865-8%-659137.513-36%
Usd Revenue--11892.15611892.1560%1063.206+1019%12765.035-7%8446.581+41%
Usd Total Gains Per Share--0.0060.0060%0.008-27%0.005+16%0.004+52%
 EOD+2 -6MRQTTM+0 -0YOY+20 -145Y+23 -1110Y+21 -13

4.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-5.040
Price to Book Ratio (EOD)Between0-10.246
Net Profit Margin (MRQ)Greater than0-87.034
Operating Margin (MRQ)Greater than0-87.598
Quick Ratio (MRQ)Greater than11.599
Current Ratio (MRQ)Greater than11.612
Debt to Asset Ratio (MRQ)Less than10.057
Debt to Equity Ratio (MRQ)Less than10.061
Return on Equity (MRQ)Greater than0.15-0.049
Return on Assets (MRQ)Greater than0.05-0.046
Total5/10 (50.0%)

4.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5043.145
Ma 20Greater thanMa 500.017
Ma 50Greater thanMa 1000.013
Ma 100Greater thanMa 2000.013
OpenGreater thanClose0.012
Total1/5 (20.0%)



Latest Balance Sheet

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

Summary
Total Assets34,220
Total Liabilities1,963
Total Stockholder Equity32,257
 As reported
Total Liabilities 1,963
Total Stockholder Equity+ 32,257
Total Assets = 34,220

Assets

Total Assets34,220
Total Current Assets2,924
Long-term Assets31,295
Total Current Assets
Cash And Cash Equivalents 2,796
Short-term Investments 29
Net Receivables 49
Other Current Assets 51
Total Current Assets  (as reported)2,924
Total Current Assets  (calculated)2,924
+/-0
Long-term Assets
Property Plant Equipment 31,295
Other Assets 0
Long-term Assets  (as reported)31,295
Long-term Assets  (calculated)31,295
+/- 0

Liabilities & Shareholders' Equity

Total Current Liabilities1,814
Long-term Liabilities149
Total Stockholder Equity32,257
Total Current Liabilities
Short-term Debt 45
Accounts payable 1,431
Other Current Liabilities 0
Total Current Liabilities  (as reported)1,814
Total Current Liabilities  (calculated)1,476
+/- 338
Long-term Liabilities
Long term Debt Total 149
Long-term Liabilities  (as reported)149
Long-term Liabilities  (calculated)149
+/- 0
Total Stockholder Equity
Common Stock38,492
Retained Earnings -8,042
Accumulated Other Comprehensive Income 1,806
Total Stockholder Equity (as reported)32,257
Total Stockholder Equity (calculated)32,257
+/-0
Other
Capital Stock38,492
Cash and Short Term Investments 2,825
Common Stock Shares Outstanding 558,318
Current Deferred Revenue338
Liabilities and Stockholders Equity 34,220
Net Debt -2,602
Net Invested Capital 32,257
Net Tangible Assets 32,257
Net Working Capital 1,110
Property Plant and Equipment Gross 31,295
Short Long Term Debt Total 194



Balance Sheet

Currency in AUD. All numbers in thousands.

 Trend2023-06-302022-06-302021-06-302020-06-302019-06-302018-06-302017-06-302016-06-30
> Total Assets 
2
6,264
6,822
6,612
7,076
19,655
28,197
34,220
34,22028,19719,6557,0766,6126,8226,2642
   > Total Current Assets 
1
5,635
4,620
1,750
1,731
5,862
3,145
2,924
2,9243,1455,8621,7311,7504,6205,6351
       Cash And Cash Equivalents 
0
5,625
4,479
1,651
603
4,526
2,864
2,796
2,7962,8644,5266031,6514,4795,6250
       Short-term Investments 
0
0
0
43
43
43
29
29
2929434343000
       Net Receivables 
1
6
69
14
13
254
191
49
4919125413146961
       Other Current Assets 
0
3
72
49
49
92
62
51
51629249497230
   > Long-term Assets 
0
629
2,202
4,862
5,345
13,792
25,052
31,295
31,29525,05213,7925,3454,8622,2026290
       Property Plant Equipment 
0
628
2,202
4,862
5,345
13,792
25,052
31,295
31,29525,05213,7925,3454,8622,2026280
       Long-term Assets Other 
0
1
2,202
4,862
43
43
29
29
292943434,8622,20210
> Total Liabilities 
29
101
932
801
496
1,876
2,053
1,963
1,9632,0531,87649680193210129
   > Total Current Liabilities 
29
101
932
801
484
1,876
1,859
1,814
1,8141,8591,87648480193210129
       Short-term Debt 
24
33
0
61
61
12
41
45
454112616103324
       Short Long Term Debt 
24
33
0
0
0
0
0
0
0000003324
       Accounts payable 
5
37
309
421
223
1,420
1,435
1,431
1,4311,4351,420223421309375
       Other Current Liabilities 
0
64
622
380
0
0
0
0
0000380622640
   > Long-term Liabilities 
0
0
0
12
12
12
194
149
149194121212000
       Long term Debt Total 
0
0
0
0
12
0
194
149
1491940120000
       Other Liabilities 
0
0
0
0
0
0
0
0
00000000
> Total Stockholder Equity
-26
6,163
5,891
5,810
6,580
17,779
26,144
32,257
32,25726,14417,7796,5805,8105,8916,163-26
   Common Stock
0
6,624
6,557
7,616
10,011
22,334
31,734
38,492
38,49231,73422,33410,0117,6166,5576,6240
   Retained Earnings -8,042-6,465-5,031-3,543-1,891-763-455-26
   Accumulated Other Comprehensive Income 
0
-6
97
85
112
475
875
1,806
1,8068754751128597-60
   Capital Surplus 00000000
   Treasury Stock00000000



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 (+$)
totalRevenue18
Cost of Revenue-377
Gross Profit-359-359
 
Operating Income (+$)
Gross Profit-359
Operating Expense-1,587
Operating Income-1,587-1,946
 
Operating Expense (+$)
Research Development0
Selling General Administrative531
Selling And Marketing Expenses179
Operating Expense1,587710
 
Net Interest Income (+$)
Interest Income8
Interest Expense-0
Other Finance Cost-2
Net Interest Income10
 
Pretax Income (+$)
Operating Income-1,587
Net Interest Income10
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-1,577-1,597
EBIT - interestExpense = -1,587
-1,577
-1,577
Interest Expense0
Earnings Before Interest and Taxes (EBIT)-1,587-1,577
Earnings Before Interest and Taxes (EBITDA)-1,543
 
After tax Income (+$)
Income Before Tax-1,577
Tax Provision-0
Net Income From Continuing Ops-1,577-1,577
Net Income-1,577
Net Income Applicable To Common Shares-1,577
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses1,587
Total Other Income/Expenses Net10-10
 

Technical Analysis of Mako Gold Ltd
The psychology behind the price

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

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Mako Gold Ltd. The general trend of Mako Gold Ltd is BEARISH with 42.9% 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 Mako Gold Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator zone transitionsBullish trend (-42.9%) Bearish trend (42.9%)
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 Mako Gold Ltd.

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

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

The bullish price targets are: 0.026 < 0.026 < 0.026.

The bearish price targets are: 0.011 > 0.011 > 0.011.

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Mako Gold Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

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

Score

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

The long score for the Moving Averages is 4/14.
The longshort score for the Moving Averages is -6/(-14 +14).

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

Directionalities and relatives.

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

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

Mako Gold Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

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

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

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Mako Gold Ltd. The current macd is -0.000025.

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

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


Score

Let's take a look at the Directional Movement Index (DMI) of Mako Gold Ltd. The current adx is 26.35.

The long score for the Directional Movement Index (DMI) is 3/7.
The longshort score for the Directional Movement Index (DMI) is 3/(-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 Mako Gold Ltd shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bullish trend. The ADX is declining, the bullish trend is weakening. Could be a potential reversal to the downside. +2
Mako Gold Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

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

Score

Let's take a look at the Parabolic SAR of Mako Gold Ltd. The current sar is 0.02413382.

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

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Mako Gold 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 Mako Gold Ltd. The current rsi is 43.15. The current phase is Continuation in bear market.

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

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
Mako Gold Ltd Daily Relative Strength Index (RSI) ChartMako Gold Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

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

Score

Let's take a look at the Stochastic Oscillator of Mako Gold Ltd. The current phase is Oversold in bear market.

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

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Mako Gold Ltd price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Mako Gold Ltd Daily Stochastic Oscillator ChartMako Gold Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

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

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

Score

Let's take a look at the Commodity Channel Index (CCI) of Mako Gold Ltd. The current cci is -71.10120154.

Mako Gold Ltd Daily Commodity Channel Index (CCI) ChartMako Gold Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

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

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

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Mako Gold Ltd. The current cmo is -25.53466374.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Mako Gold Ltd Daily Chande Momentum Oscillator (CMO) ChartMako Gold Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

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

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

Score

Let's take a look at the Williams %R of Mako Gold Ltd. The current willr is -100.

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

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

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

Score

Let's take a look at the Average True Range (ATR) of Mako Gold Ltd. The current atr is 0.00268609.

Mako Gold Ltd Daily Average True Range (ATR) ChartMako Gold 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 Mako Gold Ltd. The current obv is 35,864,660.

Mako Gold Ltd Daily On-Balance Volume (OBV) ChartMako Gold Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

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

Score

Let's take a look at the Money Flow Index (MFI) of Mako Gold Ltd. The current mfi is 52.12.

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
Mako Gold Ltd Daily Money Flow Index (MFI) ChartMako Gold Ltd Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Mako Gold Ltd.

6.2. Trading Signals

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

DateIndicatorSignal
2023-10-04SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-10-05MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-10-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-10-09STOCH LONG EXITThe %K line crosses below the %D line.
2023-10-13STOCH SHORT EXITThe %K line crosses above the %D line.
2023-10-16CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-10-18DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
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).
2023-10-23DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-10-24CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-10-30SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-10-31MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-09STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-13MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-14STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-20MACD 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
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-24STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-30CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-04RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-05STOCH 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).
2023-12-08MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2023-12-12STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-13STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-18MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-20STOCH 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
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-02CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-03CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-04DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-05CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-08STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-11DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-16DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-17DMI 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
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-19MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-24CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-25ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-29MACD 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.
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).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-30STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-31STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-01WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-02ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-05ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-06ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-07RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-08MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-13SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-15MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

Mako Gold Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5043.145
Ma 20Greater thanMa 500.017
Ma 50Greater thanMa 1000.013
Ma 100Greater thanMa 2000.013
OpenGreater thanClose0.012
Total1/5 (20.0%)
Penke

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