25 XP   0   0   10

Mitre Mining Corporation Ltd
Buy, Hold or Sell?

Let's analyse Mitre Mining Corporation Ltd together

PenkeI guess you are interested in Mitre Mining Corporation 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 Mitre Mining Corporation 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.

Get notifications about Mitre Mining Corporation Ltd

I send you an email if I find something interesting about Mitre Mining Corporation Ltd.

Quick analysis of Mitre Mining Corporation Ltd (30 sec.)










What can you expect buying and holding a share of Mitre Mining Corporation 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$0.07
How sure are you?
66.7%

+ What do you gain per year?

Total Gains per Share
A$0.00
Return On Investment
-0.7%

For what price can you sell your share?

Current Price per Share
A$0.28
Expected price per share
A$0.2 - A$0.3
How sure are you?
50%
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

1. Valuation of Mitre Mining Corporation Ltd (5 min.)




Live pricePrice per Share (EOD)

A$0.28

2. Growth of Mitre Mining Corporation Ltd (5 min.)




Is Mitre Mining Corporation Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$2.7m$2.7m-$17.3k-0.6%

How much money is Mitre Mining Corporation Ltd making?

Current yearPrevious yearGrowGrow %
Making money-$1m-$424.1k-$668.2k-61.2%
Net Profit Margin-16,223.6%0.0%--

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

3. Financial Health of Mitre Mining Corporation Ltd (5 min.)




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




  Industry Rankings (Gold)  


Richest
#377 / 516

Most Revenue
#224 / 516

Most Profit
#318 / 516

Most Efficient
#485 / 516
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

What can you expect buying and holding a share of Mitre Mining Corporation Ltd? (5 min.)

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

What can you expect buying and holding a share of Mitre Mining Corporation Ltd?

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

Speculation

The Price per Share of Mitre Mining Corporation Ltd is A$0.28. 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 Mitre Mining Corporation 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 Mitre Mining Corporation 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$0.00 per quarter. Based on the YOY, the Book Value Change Per Share is A$0.07 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 Mitre Mining Corporation 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-0.02-6.9%-0.02-6.9%-0.01-2.7%-0.01-3.4%-0.01-3.4%
Usd Book Value Change Per Share0.00-0.1%0.00-0.1%0.0516.5%0.025.8%0.025.8%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.00-0.1%0.00-0.1%0.0516.5%0.025.8%0.025.8%
Usd Price Per Share0.20-0.20-0.08-0.09-0.09-
Price to Earnings Ratio-10.22--10.22--10.53--6.91--6.91-
Price-to-Total Gains Ratio-644.20--644.20-1.71--321.25--321.25-
Price to Book Ratio4.04-4.04-1.61-1.88-1.88-
Price-to-Total Gains Ratio-644.20--644.20-1.71--321.25--321.25-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.183764
Number of shares5441
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.000.02
Usd Total Gains Per Share0.000.02
Gains per Quarter (5441 shares)-1.6688.38
Gains per Year (5441 shares)-6.65353.52
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-7-170354344
20-13-240707698
30-20-31010611052
40-27-38014141406
50-33-45017681760
60-40-52021212114
70-47-59024752468
80-53-66028282822
90-60-73031823176
100-67-80035353530

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%0.03.00.00.0%0.03.00.00.0%0.03.00.00.0%
Book Value Change Per Share0.01.00.00.0%2.01.00.066.7%2.01.00.066.7%2.01.00.066.7%2.01.00.066.7%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.03.00.0%0.00.03.00.0%0.00.03.00.0%
Total Gains per Share0.01.00.00.0%2.01.00.066.7%2.01.00.066.7%2.01.00.066.7%2.01.00.066.7%
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

Fundamentals of Mitre Mining Corporation Ltd

About Mitre Mining Corporation Ltd

Mitre Mining Corporation Limited explores for mineral properties in Australia. It explores for gold, lithium, rare earth element, and other base metal deposits. The company was incorporated in 2020 and is based in West Perth, Australia.

Fundamental data was last updated by Penke on 2024-02-14 22:59:03.

Financial Health

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

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is fair priced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

1.1. Profitability of Mitre Mining Corporation Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Mitre Mining Corporation Ltd earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Mitre Mining Corporation Ltd to the Gold industry mean.
  • A Net Profit Margin of -16,223.6% means that $-162.24 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Mitre Mining Corporation Ltd:

  • The MRQ is -16,223.6%. The company is making a huge loss. -2
  • The TTM is -16,223.6%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-16,223.6%TTM-16,223.6%0.0%
TTM-16,223.6%YOY--16,223.6%
TTM-16,223.6%5Y-5,407.9%-10,815.7%
5Y-5,407.9%10Y-5,407.9%0.0%
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ-16,223.6%-2.0%-16,221.6%
TTM-16,223.6%-5.4%-16,218.2%
YOY--3.3%+3.3%
5Y-5,407.9%-22.1%-5,385.8%
10Y-5,407.9%-30.1%-5,377.8%
1.1.2. Return on Assets

Shows how efficient Mitre Mining Corporation Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Mitre Mining Corporation Ltd to the Gold industry mean.
  • -37.7% Return on Assets means that Mitre Mining Corporation Ltd generated $-0.38 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Mitre Mining Corporation Ltd:

  • The MRQ is -37.7%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -37.7%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-37.7%TTM-37.7%0.0%
TTM-37.7%YOY-14.9%-22.9%
TTM-37.7%5Y-29.6%-8.1%
5Y-29.6%10Y-29.6%0.0%
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ-37.7%-3.7%-34.0%
TTM-37.7%-4.7%-33.0%
YOY-14.9%-4.8%-10.1%
5Y-29.6%-7.0%-22.6%
10Y-29.6%-8.7%-20.9%
1.1.3. Return on Equity

Shows how efficient Mitre Mining Corporation Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Mitre Mining Corporation Ltd to the Gold industry mean.
  • -39.5% Return on Equity means Mitre Mining Corporation Ltd generated $-0.40 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Mitre Mining Corporation Ltd:

  • The MRQ is -39.5%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -39.5%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-39.5%TTM-39.5%0.0%
TTM-39.5%YOY-15.3%-24.3%
TTM-39.5%5Y-31.2%-8.3%
5Y-31.2%10Y-31.2%0.0%
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ-39.5%-3.7%-35.8%
TTM-39.5%-4.6%-34.9%
YOY-15.3%-5.4%-9.9%
5Y-31.2%-8.4%-22.8%
10Y-31.2%-10.5%-20.7%
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

1.2. Operating Efficiency of Mitre Mining Corporation Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Mitre Mining Corporation Ltd is operating .

  • Measures how much profit Mitre Mining Corporation 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 Mitre Mining Corporation Ltd to the Gold industry mean.
  • An Operating Margin of -15,314.3% means the company generated $-153.14  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Mitre Mining Corporation Ltd:

  • The MRQ is -15,314.3%. The company is operating very inefficient. -2
  • The TTM is -15,314.3%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-15,314.3%TTM-15,314.3%0.0%
TTM-15,314.3%YOY--15,314.3%
TTM-15,314.3%5Y-5,104.8%-10,209.5%
5Y-5,104.8%10Y-5,104.8%0.0%
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ-15,314.3%-4.8%-15,309.5%
TTM-15,314.3%1.6%-15,315.9%
YOY-3.5%-3.5%
5Y-5,104.8%-9.6%-5,095.2%
10Y-5,104.8%-20.5%-5,084.3%
1.2.2. Operating Ratio

Measures how efficient Mitre Mining Corporation Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Gold industry mean).
  • An Operation Ratio of 66.99 means that the operating costs are $66.99 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Mitre Mining Corporation Ltd:

  • The MRQ is 66.990. The company is inefficient in keeping operating costs low. -1
  • The TTM is 66.990. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ66.990TTM66.9900.000
TTM66.990YOY-+66.990
TTM66.9905Y22.330+44.660
5Y22.33010Y22.3300.000
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ66.9901.497+65.493
TTM66.9901.319+65.671
YOY-1.343-1.343
5Y22.3301.515+20.815
10Y22.3301.499+20.831
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

1.3. Liquidity of Mitre Mining Corporation Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Mitre Mining Corporation 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 14.82 means the company has $14.82 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Mitre Mining Corporation Ltd:

  • The MRQ is 14.820. The company is very able to pay all its short-term debts. +2
  • The TTM is 14.820. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ14.820TTM14.8200.000
TTM14.820YOY41.051-26.230
TTM14.8205Y23.507-8.686
5Y23.50710Y23.5070.000
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ14.8202.456+12.364
TTM14.8202.581+12.239
YOY41.0513.682+37.369
5Y23.5074.079+19.428
10Y23.5074.493+19.014
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Mitre Mining Corporation Ltd to the Gold industry mean.
  • A Quick Ratio of 14.72 means the company can pay off $14.72 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Mitre Mining Corporation Ltd:

  • The MRQ is 14.725. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 14.725. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ14.725TTM14.7250.000
TTM14.725YOY41.295-26.571
TTM14.7255Y23.377-8.652
5Y23.37710Y23.3770.000
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ14.7250.804+13.921
TTM14.7250.690+14.035
YOY41.2950.973+40.322
5Y23.3771.318+22.059
10Y23.3771.428+21.949
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

1.4. Solvency of Mitre Mining Corporation Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Mitre Mining Corporation Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Mitre Mining Corporation Ltd to Gold industry mean.
  • A Debt to Asset Ratio of 0.05 means that Mitre Mining Corporation Ltd assets are financed with 4.6% credit (debt) and the remaining percentage (100% - 4.6%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Mitre Mining Corporation Ltd:

  • The MRQ is 0.046. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.046. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.046TTM0.0460.000
TTM0.046YOY0.026+0.019
TTM0.0465Y0.047-0.001
5Y0.04710Y0.0470.000
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0460.196-0.150
TTM0.0460.192-0.146
YOY0.0260.162-0.136
5Y0.0470.221-0.174
10Y0.0470.245-0.198
1.4.2. Debt to Equity Ratio

Measures if Mitre Mining Corporation Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Mitre Mining Corporation Ltd to the Gold industry mean.
  • A Debt to Equity ratio of 4.8% means that company has $0.05 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Mitre Mining Corporation Ltd:

  • The MRQ is 0.048. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.048. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.048TTM0.0480.000
TTM0.048YOY0.027+0.021
TTM0.0485Y0.050-0.001
5Y0.05010Y0.0500.000
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0480.196-0.148
TTM0.0480.197-0.149
YOY0.0270.172-0.145
5Y0.0500.237-0.187
10Y0.0500.270-0.220
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

2. Market Valuation of Mitre Mining Corporation 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 Mitre Mining Corporation Ltd generates.

  • Above 15 is considered overpriced but always compare Mitre Mining Corporation Ltd to the Gold industry mean.
  • A PE ratio of -10.22 means the investor is paying $-10.22 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Mitre Mining Corporation Ltd:

  • The EOD is -9.536. Based on the earnings, the company is expensive. -2
  • The MRQ is -10.217. Based on the earnings, the company is expensive. -2
  • The TTM is -10.217. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-9.536MRQ-10.217+0.681
MRQ-10.217TTM-10.2170.000
TTM-10.217YOY-10.526+0.309
TTM-10.2175Y-6.914-3.303
5Y-6.91410Y-6.9140.000
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
EOD-9.536-2.750-6.786
MRQ-10.217-3.565-6.652
TTM-10.217-4.313-5.904
YOY-10.526-6.871-3.655
5Y-6.914-9.138+2.224
10Y-6.914-9.341+2.427
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Mitre Mining Corporation Ltd:

  • The EOD is -8.912. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -9.548. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -9.548. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-8.912MRQ-9.548+0.637
MRQ-9.548TTM-9.5480.000
TTM-9.548YOY-7.717-1.831
TTM-9.5485Y-5.755-3.793
5Y-5.75510Y-5.7550.000
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
EOD-8.912-3.259-5.653
MRQ-9.548-4.033-5.515
TTM-9.548-4.908-4.640
YOY-7.717-7.238-0.479
5Y-5.755-11.194+5.439
10Y-5.755-11.642+5.887
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Mitre Mining Corporation 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 4.04 means the investor is paying $4.04 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Mitre Mining Corporation Ltd:

  • The EOD is 3.771. Based on the equity, the company is fair priced.
  • The MRQ is 4.040. Based on the equity, the company is fair priced.
  • The TTM is 4.040. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD3.771MRQ4.040-0.269
MRQ4.040TTM4.0400.000
TTM4.040YOY1.606+2.434
TTM4.0405Y1.882+2.158
5Y1.88210Y1.8820.000
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
EOD3.7710.948+2.823
MRQ4.0401.179+2.861
TTM4.0401.277+2.763
YOY1.6061.803-0.197
5Y1.8822.410-0.528
10Y1.8822.481-0.599
2. Total Gains per Share
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Mitre Mining Corporation 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--0.0000.0000%0.070-101%0.025-102%0.025-102%
Book Value Per Share--0.0740.0740%0.075-1%0.051+45%0.051+45%
Current Ratio--14.82014.8200%41.051-64%23.507-37%23.507-37%
Debt To Asset Ratio--0.0460.0460%0.026+74%0.047-2%0.047-2%
Debt To Equity Ratio--0.0480.0480%0.027+77%0.050-3%0.050-3%
Dividend Per Share----0%-0%-0%-0%
Eps---0.029-0.0290%-0.011-61%-0.014-51%-0.014-51%
Free Cash Flow Per Share---0.031-0.0310%-0.016-51%-0.017-47%-0.017-47%
Free Cash Flow To Equity Per Share---0.012-0.0120%0.066-119%0.020-161%0.020-161%
Gross Profit Margin--1.0001.0000%1.134-12%1.045-4%1.045-4%
Market Cap15872528.000-7%17006280.00017006280.0000%6802512.000+150%7936264.000+114%7936264.000+114%
Net Profit Margin---162.236-162.2360%--100%-54.079-67%-54.079-67%
Operating Margin---153.143-153.1430%--100%-51.048-67%-51.048-67%
Operating Ratio--66.99066.9900%-+100%22.330+200%22.330+200%
Pb Ratio3.771-7%4.0404.0400%1.606+152%1.882+115%1.882+115%
Pe Ratio-9.536+7%-10.217-10.2170%-10.526+3%-6.914-32%-6.914-32%
Price Per Share0.280-7%0.3000.3000%0.120+150%0.140+114%0.140+114%
Price To Free Cash Flow Ratio-8.912+7%-9.548-9.5480%-7.717-19%-5.755-40%-5.755-40%
Price To Total Gains Ratio-601.255+7%-644.202-644.2020%1.708-37809%-321.247-50%-321.247-50%
Quick Ratio--14.72514.7250%41.295-64%23.377-37%23.377-37%
Return On Assets---0.377-0.3770%-0.149-61%-0.296-22%-0.296-22%
Return On Equity---0.395-0.3950%-0.153-61%-0.312-21%-0.312-21%
Total Gains Per Share--0.0000.0000%0.070-101%0.025-102%0.025-102%
Usd Book Value--2762373.2632762373.2630%2779698.927-1%1902821.310+45%1902821.310+45%
Usd Book Value Change Per Share--0.0000.0000%0.046-101%0.016-102%0.016-102%
Usd Book Value Per Share--0.0490.0490%0.049-1%0.034+45%0.034+45%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.019-0.0190%-0.007-61%-0.009-51%-0.009-51%
Usd Free Cash Flow---1168921.491-1168921.4910%-578500.885-51%-614573.540-47%-614573.540-47%
Usd Free Cash Flow Per Share---0.021-0.0210%-0.010-51%-0.011-47%-0.011-47%
Usd Free Cash Flow To Equity Per Share---0.008-0.0080%0.043-119%0.013-161%0.013-161%
Usd Market Cap10417140.126-7%11161221.56411161221.5640%4464488.626+150%5208570.063+114%5208570.063+114%
Usd Price Per Share0.184-7%0.1970.1970%0.079+150%0.092+114%0.092+114%
Usd Profit---1092437.602-1092437.6020%-424154.877-61%-527088.094-52%-527088.094-52%
Usd Revenue--6733.6386733.6380%-+100%2244.546+200%2244.546+200%
Usd Total Gains Per Share--0.0000.0000%0.046-101%0.016-102%0.016-102%
 EOD+3 -5MRQTTM+0 -0YOY+5 -295Y+11 -2310Y+11 -23

3.2. Fundamental Score

Let's check the fundamental score of Mitre Mining Corporation Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-9.536
Price to Book Ratio (EOD)Between0-13.771
Net Profit Margin (MRQ)Greater than0-162.236
Operating Margin (MRQ)Greater than0-153.143
Quick Ratio (MRQ)Greater than114.725
Current Ratio (MRQ)Greater than114.820
Debt to Asset Ratio (MRQ)Less than10.046
Debt to Equity Ratio (MRQ)Less than10.048
Return on Equity (MRQ)Greater than0.15-0.395
Return on Assets (MRQ)Greater than0.05-0.377
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of Mitre Mining Corporation Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5061.421
Ma 20Greater thanMa 500.249
Ma 50Greater thanMa 1000.241
Ma 100Greater thanMa 2000.239
OpenGreater thanClose0.265
Total3/5 (60.0%)



Latest Balance Sheet

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

Summary
Total Assets4,412
Total Liabilities203
Total Stockholder Equity4,209
 As reported
Total Liabilities 203
Total Stockholder Equity+ 4,209
Total Assets = 4,412

Assets

Total Assets4,412
Total Current Assets2,708
Long-term Assets1,703
Total Current Assets
Cash And Cash Equivalents 2,679
Net Receivables 12
Total Current Assets  (as reported)2,708
Total Current Assets  (calculated)2,691
+/- 17
Long-term Assets
Property Plant Equipment 1,548
Long Term Investments 60
Intangible Assets 96
Long-term Assets  (as reported)1,703
Long-term Assets  (calculated)1,703
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities183
Long-term Liabilities20
Total Stockholder Equity4,209
Total Current Liabilities
Short-term Debt 11
Accounts payable 89
Total Current Liabilities  (as reported)183
Total Current Liabilities  (calculated)101
+/- 82
Long-term Liabilities
Long term Debt Total 20
Long-term Liabilities  (as reported)20
Long-term Liabilities  (calculated)20
+/- 0
Total Stockholder Equity
Common Stock5,872
Retained Earnings -2,409
Other Stockholders Equity 747
Total Stockholder Equity (as reported)4,209
Total Stockholder Equity (calculated)4,209
+/- 0
Other
Capital Stock5,872
Cash and Short Term Investments 2,679
Common Stock Shares Outstanding 45,350
Liabilities and Stockholders Equity 4,412
Net Invested Capital 4,209
Net Tangible Assets 4,113
Net Working Capital 2,525
Property Plant and Equipment Gross 1,581



Balance Sheet

Currency in AUD. All numbers in thousands.

 Trend2023-06-302022-06-302021-06-30
> Total Assets 
272
4,350
4,412
4,4124,350272
   > Total Current Assets 
272
3,438
2,708
2,7083,438272
       Cash And Cash Equivalents 
254
3,371
2,679
2,6793,371254
       Short-term Investments 
0
23
0
0230
       Net Receivables 
8
65
12
12658
   > Long-term Assets 
0
912
1,703
1,7039120
       Property Plant Equipment 
0
912
1,548
1,5489120
       Long Term Investments 
0
0
60
6000
       Intangible Assets 
0
0
96
9600
       Other Assets 
0
23
60
60230
> Total Liabilities 
19
115
203
20311519
   > Total Current Liabilities 
19
84
183
1838419
       Short-term Debt 
0
9
11
1190
       Short Long Term Debt 
0
9
0
090
       Accounts payable 
9
50
89
89509
       Other Current Liabilities 
0
25
0
0250
   > Long-term Liabilities 
0
31
20
20310
       Long term Debt Total 
0
31
20
20310
> Total Stockholder Equity
254
4,235
4,209
4,2094,235254
   Common Stock
352
4,980
5,872
5,8724,980352
   Retained Earnings -2,409-745-99
   Capital Surplus 000
   Treasury Stock000
   Other Stockholders Equity 
0
0
747
74700



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 (+$)
totalRevenue10
Cost of Revenue-687
Gross Profit-677-677
 
Operating Income (+$)
Gross Profit-677
Operating Expense-0
Operating Income-1,662-677
 
Operating Expense (+$)
Research Development0
Selling General Administrative958
Selling And Marketing Expenses0
Operating Expense0958
 
Net Interest Income (+$)
Interest Income2
Interest Expense-2
Other Finance Cost-8
Net Interest Income8
 
Pretax Income (+$)
Operating Income-1,662
Net Interest Income8
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-1,665-1,662
EBIT - interestExpense = -1,573
-1,665
-1,662
Interest Expense2
Earnings Before Interest and Taxes (EBIT)-1,571-1,662
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax-1,665
Tax Provision-0
Net Income From Continuing Ops-1,665-1,665
Net Income-1,665
Net Income Applicable To Common Shares-1,665
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net0-8
 

Technical Analysis of Mitre Mining Corporation 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 Mitre Mining Corporation Ltd. The general trend of Mitre Mining Corporation Ltd is BULLISH 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 Mitre Mining Corporation 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 Mitre Mining Corporation 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: 0.295 < 0.3 < 0.3.

The bearish price targets are: 0.25 > 0.21 > 0.2.

Tweet this
Mitre Mining Corporation 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 Mitre Mining Corporation Ltd. The current mas is .

The long score for the Moving Averages is 10/14.
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 above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

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

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

Mitre Mining Corporation 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 Mitre Mining Corporation Ltd. The current macd is 0.01096261.

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

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Mitre Mining Corporation Ltd price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Mitre Mining Corporation Ltd. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Mitre Mining Corporation Ltd price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Mitre Mining Corporation Ltd Daily Moving Average Convergence/Divergence (MACD) ChartMitre Mining Corporation 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 Mitre Mining Corporation Ltd. The current adx is 26.28.

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

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Mitre Mining Corporation Ltd shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bullish trend. The ADX is trending up, so the bullish trend is strengthening.
Mitre Mining Corporation 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 Mitre Mining Corporation Ltd. The current sar is 0.24290013.

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

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Mitre Mining Corporation Ltd Daily Parabolic SAR Chart
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

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 Mitre Mining Corporation Ltd. The current rsi is 61.42. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
Mitre Mining Corporation Ltd Daily Relative Strength Index (RSI) ChartMitre Mining Corporation 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 Mitre Mining Corporation Ltd. The current phase is Overbought in bull market.

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

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Mitre Mining Corporation Ltd price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Mitre Mining Corporation Ltd Daily Stochastic Oscillator ChartMitre Mining Corporation 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 Mitre Mining Corporation Ltd. The current cci is 96.95.

Mitre Mining Corporation Ltd Daily Commodity Channel Index (CCI) ChartMitre Mining Corporation 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 Mitre Mining Corporation Ltd. The current cmo is 29.08.

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

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Mitre Mining Corporation Ltd Daily Chande Momentum Oscillator (CMO) ChartMitre Mining Corporation 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 Mitre Mining Corporation Ltd. The current willr is -17.64705882.

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

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Mitre Mining Corporation Ltd Daily Williams %R ChartMitre Mining Corporation Ltd Daily Williams %R Chart
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

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 Mitre Mining Corporation Ltd.

Mitre Mining Corporation 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 Mitre Mining Corporation Ltd. The current atr is 0.01614235.

Mitre Mining Corporation Ltd Daily Average True Range (ATR) ChartMitre Mining Corporation Ltd Daily Average True Range (ATR) Chart
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

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 Mitre Mining Corporation Ltd. The current obv is 10,741,868.

Mitre Mining Corporation Ltd Daily On-Balance Volume (OBV) ChartMitre Mining Corporation 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 Mitre Mining Corporation Ltd. The current mfi is 59.21.

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
Mitre Mining Corporation Ltd Daily Money Flow Index (MFI) ChartMitre Mining Corporation Ltd Daily Money Flow Index (MFI) Chart
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Mitre Mining Corporation 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
2023-10-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-10-13CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-10-17BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-10-18ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-10-23RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-10-24STOCH 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
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-10-26STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-10-31MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-01STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-03STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-06MACD 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).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-07MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-08STOCH SHORT EXITThe %K line crosses above the %D line.
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.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-14DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
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).
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-23DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-24MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-27MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-28MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-29CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-01MACD 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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-04BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-05WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-06RSI 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).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-07MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-08STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-12CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-13MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-12-15STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-18DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-12-19CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-21DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-22DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-27STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-28MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-29MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-02MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-03STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-04MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-08DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-10STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-11STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-12STOCH 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).
2024-01-16DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line 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).
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-22STOCH 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).
2024-01-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-24STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-29STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-31STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-01MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-06DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-09DMI 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).
2024-02-12CCI 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).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-14MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-16STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-23WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside

6.3. Candlestick Patterns

Mitre Mining Corporation Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Mitre Mining Corporation Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5061.421
Ma 20Greater thanMa 500.249
Ma 50Greater thanMa 1000.241
Ma 100Greater thanMa 2000.239
OpenGreater thanClose0.265
Total3/5 (60.0%)
Penke

Good job! You gained 25 XP and 0   0   10 . What's next:

  • Share my analysis of Mitre Mining Corporation Ltd with someone you think should read this too:
  • Are you bullish or bearish on Mitre Mining Corporation Ltd? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about Mitre Mining Corporation Ltd? Add an email alert using the form below.
  • Join the community if you want to keep your earnings and track your progress: Join the community
  • Is this analysis useful to you? Support me via But Me a Coffee. I'll analyze the stock market faster for you!

Get notifications about Mitre Mining Corporation Ltd

I send you an email if I find something interesting about Mitre Mining Corporation Ltd.


Comments

How you think about this?

Leave a comment
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

Stay informed about Mitre Mining Corporation Ltd.

Receive notifications about Mitre Mining Corporation Ltd in your mailbox!