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Midas Minerals Ltd
Buy, Hold or Sell?

Let's analyse Midas Minerals Ltd together

PenkeI guess you are interested in Midas Minerals 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 Midas Minerals Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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

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Quick analysis of Midas Minerals Ltd (30 sec.)










What can you expect buying and holding a share of Midas Minerals 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$0.07
Expected worth in 1 year
A$0.01
How sure are you?
33.3%

+ What do you gain per year?

Total Gains per Share
A$-0.06
Return On Investment
-77.8%

For what price can you sell your share?

Current Price per Share
A$0.07
Expected price per share
A$0.06 - A$0.08
How sure are you?
50%

1. Valuation of Midas Minerals Ltd (5 min.)




Live pricePrice per Share (EOD)

A$0.07

Intrinsic Value Per Share

A$-0.77 - A$-0.54

Total Value Per Share

A$-0.69 - A$-0.47

2. Growth of Midas Minerals Ltd (5 min.)




Is Midas Minerals Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$3.9m$4.7m-$784.7k-19.9%

How much money is Midas Minerals Ltd making?

Current yearPrevious yearGrowGrow %
Making money-$3.4m-$1.1m-$2.2m-67.1%
Net Profit Margin0.0%-10,610.3%--

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

3. Financial Health of Midas Minerals Ltd (5 min.)




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




  Industry Rankings (Other Precious Metals & Mining)  


Richest
#143 / 225

Most Revenue
#149 / 225

Most Profit
#176 / 225

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

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

What can you expect buying and holding a share of Midas Minerals Ltd?

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

Speculation

The Price per Share of Midas Minerals Ltd is A$0.072. 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 Midas Minerals 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 Midas Minerals 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$0.07. Based on the TTM, the Book Value Change Per Share is A$-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 Midas Minerals Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 A$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per Share
Usd Eps-0.04-54.8%-0.04-54.8%-0.01-18.1%-0.01-18.8%-0.01-17.8%
Usd Book Value Change Per Share-0.01-12.5%-0.01-12.5%-0.01-7.4%0.005.6%0.0110.5%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share-0.01-12.5%-0.01-12.5%-0.01-7.4%0.005.6%0.0110.5%
Usd Price Per Share0.09-0.09-0.13-0.06-0.05-
Price to Earnings Ratio-2.29--2.29--9.93--4.75--3.96-
Price-to-Total Gains Ratio-10.00--10.00--24.29--17.74--17.74-
Price to Book Ratio1.99-1.99-2.37-1.16-0.97-
Price-to-Total Gains Ratio-10.00--10.00--24.29--17.74--17.74-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.0464544
Number of shares21526
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.010.00
Usd Total Gains Per Share-0.010.00
Gains per Quarter (21526 shares)-194.5086.82
Gains per Year (21526 shares)-778.01347.29
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-778-7880347337
20-1556-15660695684
30-2334-2344010421031
40-3112-3122013891378
50-3890-3900017361725
60-4668-4678020842072
70-5446-5456024312419
80-6224-6234027782766
90-7002-7012031263113
100-7780-7790034733460

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%1.05.00.016.7%1.05.00.016.7%
Book Value Change Per Share0.01.00.00.0%0.03.00.00.0%1.04.00.020.0%2.04.00.033.3%2.04.00.033.3%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.06.00.0%0.00.06.00.0%
Total Gains per Share0.01.00.00.0%0.03.00.00.0%1.04.00.020.0%2.04.00.033.3%2.04.00.033.3%

Fundamentals of Midas Minerals Ltd

About Midas Minerals Ltd

Midas Minerals Limited engages in exploration and evaluation of mineral resources. The company primarily explores for gold and base metals in the Eastern Goldfields of Western Australia. Its projects include the Weebo gold project covering 198 square kilometers and 2 exploration licenses located near Leinster, Western Australia; the Challa project, which consists of 2 exploration licenses and 3 license applications covering 859 square kilometers located to the east of Mt Magnet in Western Australia; and the Midas' Newington project that includes 2 exploration licenses covering 94.3 square kilometers located to southern cross greenstone belt; and the Greenbush lithium project covering 102 kilometers located in Ontario, Canada. Midas Minerals Limited was incorporated in 2018 is based in West Perth, Australia.

Fundamental data was last updated by Penke on 2024-04-20 19:10:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
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
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

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

1.1. Profitability of Midas Minerals Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Midas Minerals Ltd earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Midas Minerals Ltd to the Other Precious Metals & Mining industry mean.
  • A Net Profit Margin of 0.0% means that $0.00 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Midas Minerals Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-10,610.3%+10,610.3%
TTM-5Y-2,107.3%+2,107.3%
5Y-2,107.3%10Y-1,756.1%-351.2%
Compared to industry (Other Precious Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ--185.2%+185.2%
TTM--166.5%+166.5%
YOY-10,610.3%-79.5%-10,530.8%
5Y-2,107.3%-328.1%-1,779.2%
10Y-1,756.1%-464.9%-1,291.2%
1.1.2. Return on Assets

Shows how efficient Midas Minerals Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Midas Minerals Ltd to the Other Precious Metals & Mining industry mean.
  • -83.2% Return on Assets means that Midas Minerals Ltd generated $-0.83 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Midas Minerals Ltd:

  • The MRQ is -83.2%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -83.2%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-83.2%TTM-83.2%0.0%
TTM-83.2%YOY-22.8%-60.4%
TTM-83.2%5Y-37.3%-45.9%
5Y-37.3%10Y-35.5%-1.8%
Compared to industry (Other Precious Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-83.2%-10.5%-72.7%
TTM-83.2%-12.0%-71.2%
YOY-22.8%-11.6%-11.2%
5Y-37.3%-14.7%-22.6%
10Y-35.5%-20.1%-15.4%
1.1.3. Return on Equity

Shows how efficient Midas Minerals Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Midas Minerals Ltd to the Other Precious Metals & Mining industry mean.
  • -86.8% Return on Equity means Midas Minerals Ltd generated $-0.87 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Midas Minerals Ltd:

  • The MRQ is -86.8%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -86.8%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-86.8%TTM-86.8%0.0%
TTM-86.8%YOY-23.8%-62.9%
TTM-86.8%5Y-38.8%-48.0%
5Y-38.8%10Y-36.8%-1.9%
Compared to industry (Other Precious Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-86.8%-11.8%-75.0%
TTM-86.8%-12.4%-74.4%
YOY-23.8%-11.7%-12.1%
5Y-38.8%-18.2%-20.6%
10Y-36.8%-19.8%-17.0%

1.2. Operating Efficiency of Midas Minerals Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Midas Minerals Ltd is operating .

  • Measures how much profit Midas Minerals 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 Midas Minerals Ltd to the Other Precious Metals & Mining industry mean.
  • An Operating Margin of 0.0% means the company generated $0.00  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Midas Minerals Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-10,716.4%+10,716.4%
TTM-5Y-2,129.8%+2,129.8%
5Y-2,129.8%10Y-1,774.8%-355.0%
Compared to industry (Other Precious Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ--705.5%+705.5%
TTM--180.3%+180.3%
YOY-10,716.4%-104.2%-10,612.2%
5Y-2,129.8%-397.9%-1,731.9%
10Y-1,774.8%-560.6%-1,214.2%
1.2.2. Operating Ratio

Measures how efficient Midas Minerals Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Other Precious Metals & Mining industry mean).
  • An Operation Ratio of 0.00 means that the operating costs are $0.00 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Midas Minerals Ltd:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY108.539-108.539
TTM-5Y21.772-21.772
5Y21.77210Y18.144+3.629
Compared to industry (Other Precious Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-2.678-2.678
TTM-2.562-2.562
YOY108.5392.209+106.330
5Y21.7725.467+16.305
10Y18.1445.701+12.443

1.3. Liquidity of Midas Minerals Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Midas Minerals Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Other Precious Metals & Mining industry mean).
  • A Current Ratio of 5.16 means the company has $5.16 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Midas Minerals Ltd:

  • The MRQ is 5.165. The company is very able to pay all its short-term debts. +2
  • The TTM is 5.165. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ5.165TTM5.1650.000
TTM5.165YOY8.210-3.045
TTM5.1655Y121.747-116.582
5Y121.74710Y102.532+19.215
Compared to industry (Other Precious Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ5.1652.667+2.498
TTM5.1652.872+2.293
YOY8.2104.215+3.995
5Y121.7475.474+116.273
10Y102.5325.742+96.790
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Midas Minerals Ltd to the Other Precious Metals & Mining industry mean.
  • A Quick Ratio of 4.62 means the company can pay off $4.62 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Midas Minerals Ltd:

  • The MRQ is 4.623. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 4.623. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ4.623TTM4.6230.000
TTM4.623YOY8.008-3.385
TTM4.6235Y121.361-116.738
5Y121.36110Y101.580+19.781
Compared to industry (Other Precious Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ4.6230.743+3.880
TTM4.6230.896+3.727
YOY8.0081.379+6.629
5Y121.3611.512+119.849
10Y101.5801.839+99.741

1.4. Solvency of Midas Minerals Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Midas Minerals Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Midas Minerals Ltd to Other Precious Metals & Mining industry mean.
  • A Debt to Asset Ratio of 0.04 means that Midas Minerals Ltd assets are financed with 4.1% credit (debt) and the remaining percentage (100% - 4.1%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Midas Minerals Ltd:

  • The MRQ is 0.041. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.041. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.041TTM0.0410.000
TTM0.041YOY0.042-0.001
TTM0.0415Y0.028+0.013
5Y0.02810Y0.029-0.001
Compared to industry (Other Precious Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0410.123-0.082
TTM0.0410.128-0.087
YOY0.0420.108-0.066
5Y0.0280.178-0.150
10Y0.0290.233-0.204
1.4.2. Debt to Equity Ratio

Measures if Midas Minerals Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Midas Minerals Ltd to the Other Precious Metals & Mining industry mean.
  • A Debt to Equity ratio of 4.3% means that company has $0.04 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Midas Minerals Ltd:

  • The MRQ is 0.043. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.043. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.043TTM0.0430.000
TTM0.043YOY0.044-0.001
TTM0.0435Y0.029+0.014
5Y0.02910Y0.030-0.001
Compared to industry (Other Precious Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0430.119-0.076
TTM0.0430.124-0.081
YOY0.0440.110-0.066
5Y0.0290.165-0.136
10Y0.0300.195-0.165

2. Market Valuation of Midas Minerals 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 Midas Minerals Ltd generates.

  • Above 15 is considered overpriced but always compare Midas Minerals Ltd to the Other Precious Metals & Mining industry mean.
  • A PE ratio of -2.29 means the investor is paying $-2.29 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Midas Minerals Ltd:

  • The EOD is -1.177. Based on the earnings, the company is expensive. -2
  • The MRQ is -2.288. Based on the earnings, the company is expensive. -2
  • The TTM is -2.288. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-1.177MRQ-2.288+1.111
MRQ-2.288TTM-2.2880.000
TTM-2.288YOY-9.927+7.639
TTM-2.2885Y-4.751+2.463
5Y-4.75110Y-3.959-0.792
Compared to industry (Other Precious Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-1.177-4.308+3.131
MRQ-2.288-5.204+2.916
TTM-2.288-6.409+4.121
YOY-9.927-9.187-0.740
5Y-4.751-9.496+4.745
10Y-3.959-10.261+6.302
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -1.647. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -3.202. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -3.202. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-1.647MRQ-3.202+1.555
MRQ-3.202TTM-3.2020.000
TTM-3.202YOY-4.947+1.746
TTM-3.2025Y-2.443-0.758
5Y-2.44310Y-2.036-0.407
Compared to industry (Other Precious Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-1.647-3.950+2.303
MRQ-3.202-5.315+2.113
TTM-3.202-5.588+2.386
YOY-4.947-7.542+2.595
5Y-2.443-9.814+7.371
10Y-2.036-9.635+7.599
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Other Precious Metals & Mining industry mean).
  • A PB ratio of 1.99 means the investor is paying $1.99 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Midas Minerals Ltd:

  • The EOD is 1.021. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.986. Based on the equity, the company is underpriced. +1
  • The TTM is 1.986. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.021MRQ1.986-0.964
MRQ1.986TTM1.9860.000
TTM1.986YOY2.367-0.381
TTM1.9865Y1.162+0.824
5Y1.16210Y0.968+0.194
Compared to industry (Other Precious Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD1.0211.128-0.107
MRQ1.9861.278+0.708
TTM1.9861.429+0.557
YOY2.3672.205+0.162
5Y1.1622.219-1.057
10Y0.9682.260-1.292
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Midas Minerals 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---0.014-0.0140%-0.008-41%0.006-324%0.012-219%
Book Value Per Share--0.0710.0710%0.085-17%0.075-5%0.069+3%
Current Ratio--5.1655.1650%8.210-37%121.747-96%102.532-95%
Debt To Asset Ratio--0.0410.0410%0.042-2%0.028+48%0.029+43%
Debt To Equity Ratio--0.0430.0430%0.044-2%0.029+49%0.030+44%
Dividend Per Share----0%-0%-0%-0%
Eps---0.061-0.0610%-0.020-67%-0.021-66%-0.020-68%
Free Cash Flow Per Share---0.044-0.0440%-0.040-8%-0.026-41%-0.023-48%
Free Cash Flow To Equity Per Share---0.016-0.0160%-0.041+165%-0.006-59%-0.005-70%
Gross Profit Margin--1.0001.0000%1.0000%1.113-10%1.095-9%
Intrinsic Value_10Y_max---0.543--------
Intrinsic Value_10Y_min---0.765--------
Intrinsic Value_1Y_max---0.032--------
Intrinsic Value_1Y_min---0.049--------
Intrinsic Value_3Y_max---0.114--------
Intrinsic Value_3Y_min---0.172--------
Intrinsic Value_5Y_max---0.216--------
Intrinsic Value_5Y_min---0.322--------
Market Cap6252998.400-94%12158608.00012158608.0000%17369440.000-30%8250484.000+47%6875403.333+77%
Net Profit Margin----0%-106.1030%-21.0730%-17.5610%
Operating Margin----0%-107.1640%-21.2980%-17.7480%
Operating Ratio----0%108.539-100%21.772-100%18.144-100%
Pb Ratio1.021-94%1.9861.9860%2.367-16%1.162+71%0.968+105%
Pe Ratio-1.177+49%-2.288-2.2880%-9.927+334%-4.751+108%-3.959+73%
Price Per Share0.072-94%0.1400.1400%0.200-30%0.095+47%0.079+77%
Price To Free Cash Flow Ratio-1.647+49%-3.202-3.2020%-4.947+55%-2.443-24%-2.036-36%
Price To Total Gains Ratio-5.141+49%-9.997-9.9970%-24.293+143%-17.738+77%-17.738+77%
Quick Ratio--4.6234.6230%8.008-42%121.361-96%101.580-95%
Return On Assets---0.832-0.8320%-0.228-73%-0.373-55%-0.355-57%
Return On Equity---0.868-0.8680%-0.238-73%-0.388-55%-0.368-58%
Total Gains Per Share---0.014-0.0140%-0.008-41%0.006-324%0.012-219%
Usd Book Value--3950546.6963950546.6960%4735275.712-17%4178421.787-5%3848536.920+3%
Usd Book Value Change Per Share---0.009-0.0090%-0.005-41%0.004-324%0.008-219%
Usd Book Value Per Share--0.0450.0450%0.055-17%0.048-5%0.044+3%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.039-0.0390%-0.013-67%-0.014-66%-0.013-68%
Usd Free Cash Flow---2450237.973-2450237.9730%-2265181.709-8%-1454918.387-41%-1285665.200-48%
Usd Free Cash Flow Per Share---0.028-0.0280%-0.026-8%-0.017-41%-0.015-48%
Usd Free Cash Flow To Equity Per Share---0.010-0.0100%-0.027+165%-0.004-59%-0.003-70%
Usd Market Cap4034434.568-94%7844733.8827844733.8820%11206762.688-30%5323212.277+47%4436010.231+77%
Usd Price Per Share0.046-94%0.0900.0900%0.129-30%0.061+47%0.051+77%
Usd Profit---3428260.522-3428260.5220%-1128870.954-67%-1177234.501-66%-1080511.063-68%
Usd Revenue----0%10639.348-100%119522.526-100%99602.105-100%
Usd Total Gains Per Share---0.009-0.0090%-0.005-41%0.004-324%0.008-219%
 EOD+3 -5MRQTTM+0 -0YOY+8 -235Y+6 -2610Y+9 -23

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-1.177
Price to Book Ratio (EOD)Between0-11.021
Net Profit Margin (MRQ)Greater than00.000
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than14.623
Current Ratio (MRQ)Greater than15.165
Debt to Asset Ratio (MRQ)Less than10.041
Debt to Equity Ratio (MRQ)Less than10.043
Return on Equity (MRQ)Greater than0.15-0.868
Return on Assets (MRQ)Greater than0.05-0.832
Total4/10 (40.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5036.556
Ma 20Greater thanMa 500.074
Ma 50Greater thanMa 1000.081
Ma 100Greater thanMa 2000.102
OpenGreater thanClose0.072
Total0/5 (0.0%)



Reversals in quarterly reports

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

 2019-12-312020-12-312021-12-312022-12-312023-12-31
Total Other Income Expense Net 94755-533-21-3,038-3,037



Latest Balance Sheet

Balance Sheet of 2023-12-31. All numbers in thousands.

Summary
Total Assets6,384
Total Liabilities261
Total Stockholder Equity6,123
 As reported
Total Liabilities 261
Total Stockholder Equity+ 6,123
Total Assets = 6,384

Assets

Total Assets6,384
Total Current Assets1,349
Long-term Assets5,035
Total Current Assets
Cash And Cash Equivalents 1,155
Net Receivables 53
Other Current Assets 142
Total Current Assets  (as reported)1,349
Total Current Assets  (calculated)1,349
+/-0
Long-term Assets
Property Plant Equipment 124
Long-term Assets Other 4,910
Long-term Assets  (as reported)5,035
Long-term Assets  (calculated)5,035
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities261
Long-term Liabilities0
Total Stockholder Equity6,123
Total Current Liabilities
Accounts payable 87
Other Current Liabilities 174
Total Current Liabilities  (as reported)261
Total Current Liabilities  (calculated)261
+/-0
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Common Stock15,294
Retained Earnings -10,048
Accumulated Other Comprehensive Income 877
Total Stockholder Equity (as reported)6,123
Total Stockholder Equity (calculated)6,123
+/-0
Other
Cash and Short Term Investments 1,155
Common Stock Shares Outstanding 77,051
Liabilities and Stockholders Equity 6,384
Net Debt -1,155
Net Working Capital 1,088



Balance Sheet

All numbers in thousands.

 Trend2023-12-312022-12-312021-12-312020-12-312019-12-312018-12-31
> Total Assets 
3,526
2,264
8,696
8,220
7,660
6,384
6,3847,6608,2208,6962,2643,526
   > Total Current Assets 
762
479
8,355
6,250
2,632
1,349
1,3492,6326,2508,355479762
       Cash And Cash Equivalents 
205
220
8,343
6,083
2,504
1,155
1,1552,5046,0838,343220205
       Net Receivables 
110
246
0
123
63
53
53631230246110
       Other Current Assets 
432
13
11
44
65
142
14265441113432
   > Long-term Assets 
0
1,785
341
1,969
5,028
5,035
5,0355,0281,9693411,7850
       Property Plant Equipment 
2,765
2
341
1,969
5,028
124
1245,0281,96934122,765
       Long-term Assets Other 
0
1,783
0
0
0
4,910
4,9100001,7830
> Total Liabilities 
118
73
22
165
321
261
2613211652273118
   > Total Current Liabilities 
118
73
15
165
321
261
2613211651573118
       Accounts payable 
81
11
89
140
140
87
87140140891181
       Other Current Liabilities 
0
62
-74
25
180
174
17418025-74620
   > Long-term Liabilities 
0
0
7
0
0
0
000700
       Other Liabilities 
0
0
7
0
0
0
000700
> Total Stockholder Equity
3,408
2,191
8,674
8,054
7,339
6,123
6,1237,3398,0548,6742,1913,408
   Common Stock
4,367
4,831
10,612
10,882
11,300
15,294
15,29411,30010,88210,6124,8314,367
   Retained Earnings -10,048-4,735-2,985-2,395-2,640-925
   Capital Surplus 000000
   Treasury Stock000000
   Other Stockholders Equity 
-34
-18
0
157
0
0
001570-18-34



Balance Sheet

All numbers in thousands.




Cash Flow

All numbers in thousands.




Income Statement

All numbers in thousands.


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

Gross Profit (+$)
totalRevenue0
Cost of Revenue-32
Gross Profit-32-32
 
Operating Income (+$)
Gross Profit-32
Operating Expense-2,245
Operating Income-2,277-2,277
 
Operating Expense (+$)
Research Development0
Selling General Administrative0
Selling And Marketing Expenses0
Operating Expense2,2450
 
Net Interest Income (+$)
Interest Income0
Interest Expense-0
Other Finance Cost-0
Net Interest Income0
 
Pretax Income (+$)
Operating Income-2,277
Net Interest Income0
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-5,313760
EBIT - interestExpense = -2,277
-5,313
-5,313
Interest Expense0
Earnings Before Interest and Taxes (EBIT)-2,277-5,313
Earnings Before Interest and Taxes (EBITDA)-2,245
 
After tax Income (+$)
Income Before Tax-5,313
Tax Provision-0
Net Income From Continuing Ops0-5,313
Net Income-5,313
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses2,277
Total Other Income/Expenses Net-3,0370
 

Technical Analysis of Midas Minerals 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 Midas Minerals Ltd. The general trend of Midas Minerals Ltd is BEARISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Midas Minerals Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator zone transitionsBullish trend (-100.0%) Bearish trend (100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Midas Minerals 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: 0.075 < 0.075 < 0.08.

The bearish price targets are: 0.06.

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Midas Minerals 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 Midas Minerals Ltd. The current mas is .

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

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

Directionalities and relatives.

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

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

Midas Minerals 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 Midas Minerals Ltd. The current macd is -0.00318897.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-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 Midas Minerals Ltd price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Midas Minerals 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 Midas Minerals 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 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
Midas Minerals Ltd Daily Moving Average Convergence/Divergence (MACD) ChartMidas Minerals 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 Midas Minerals Ltd. The current adx is 47.86.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -4/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Midas Minerals Ltd shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bearish trend. The ADX is trending up, so the bearish trend is strengthening.
Midas Minerals 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 Midas Minerals Ltd. The current sar is 0.0722126.

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
Midas Minerals Ltd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

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

Score

Let's take a look at the Relative Strength Index (RSI) of Midas Minerals Ltd. The current rsi is 36.56. 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.
Midas Minerals Ltd Daily Relative Strength Index (RSI) ChartMidas Minerals 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 Midas Minerals Ltd. The current phase is Correction in bear market.

The long score for the Stochastic Oscillator is 1/6.
The longshort score for the Stochastic Oscillator is -2/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line < STOCH %D line: The STOCH %K line is 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 Midas Minerals Ltd price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Midas Minerals Ltd Daily Stochastic Oscillator ChartMidas Minerals 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 Midas Minerals Ltd. The current cci is -32.87578377.

Midas Minerals Ltd Daily Commodity Channel Index (CCI) ChartMidas Minerals 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 Midas Minerals Ltd. The current cmo is -20.4184741.

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
Midas Minerals Ltd Daily Chande Momentum Oscillator (CMO) ChartMidas Minerals 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 Midas Minerals Ltd. The current willr is -33.33333333.

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

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

4. Volatility Indicators

4.1 Bollinger Bands

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

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

Score

Let's take a look at the Bollinger Bands of Midas Minerals Ltd.

Midas Minerals 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 Midas Minerals Ltd. The current atr is 0.00162316.

Midas Minerals Ltd Daily Average True Range (ATR) ChartMidas Minerals Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

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

Score

Let's take a look at the On-Balance Volume (OBV) of Midas Minerals Ltd. The current obv is 3,729,009.

Midas Minerals Ltd Daily On-Balance Volume (OBV) ChartMidas Minerals 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 Midas Minerals Ltd. The current mfi is 22.12.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Midas Minerals Ltd Daily Money Flow Index (MFI) ChartMidas Minerals Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Midas Minerals Ltd.

6.2. Trading Signals

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

DateIndicatorSignal
2023-11-30MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-04ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-05STOCH 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).
2023-12-07STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-08STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-11STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-12DMI 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.
2023-12-13STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-18MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-12-19CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-21ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-22SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-12-27STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-28MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-02CCI LONG ENTRY SHORT CLOSE100 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-04STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-05CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-10WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-11MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-16DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-17ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-19SAR 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
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-22MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-23ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-31ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-07CCI 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).
2024-02-08RSI LONG ENTRY SHORT CLOSE30 crossover to 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).
2024-02-09CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-14MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-16CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-19MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-21MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-26MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-28RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-29CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-01STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-04STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-05MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-12SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-13STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-18SAR 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
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-20CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-25STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-28CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-05MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-04-08STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-04-09CCI 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).
2024-04-10MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-04-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-17MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-04-18MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-04-23STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

Midas Minerals Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5036.556
Ma 20Greater thanMa 500.074
Ma 50Greater thanMa 1000.081
Ma 100Greater thanMa 2000.102
OpenGreater thanClose0.072
Total0/5 (0.0%)
Penke

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