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Mirasol Resources Ltd
Buy, Hold or Sell?

Let's analyse Mirasol Resources Ltd together

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

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

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

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Quick analysis of Mirasol Resources Ltd (30 sec.)










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

How much money do you get?

How much money do you get?
C$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
C$0.08
Expected worth in 1 year
C$0.04
How sure are you?
17.2%

+ What do you gain per year?

Total Gains per Share
C$-0.04
Return On Investment
-6.6%

For what price can you sell your share?

Current Price per Share
C$0.57
Expected price per share
C$0.48 - C$0.64
How sure are you?
50%

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




Live pricePrice per Share (EOD)

C$0.57

Intrinsic Value Per Share

C$-1.13 - C$-1.32

Total Value Per Share

C$-1.05 - C$-1.24

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




Is Mirasol Resources Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$3.7m$5.7m-$709.9k-14.0%

How much money is Mirasol Resources Ltd making?

Current yearPrevious yearGrowGrow %
Making money-$2m-$1.2m-$705.1k-35.2%
Net Profit Margin0.0%0.0%--

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

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




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




  Industry Rankings (Other Precious Metals & Mining)  


Richest
#147 / 229

Most Revenue
#151 / 229

Most Profit
#174 / 229

Most Efficient
#106 / 229

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

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

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

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

Speculation

The Price per Share of Mirasol Resources Ltd is C$0.57. 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 Mirasol Resources Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

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

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is C$0.08. Based on the TTM, the Book Value Change Per Share is C$-0.01 per quarter. Based on the YOY, the Book Value Change Per Share is C$-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 C$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Mirasol Resources Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 C$% of Price per ShareC$% of Price per ShareC$% of Price per ShareC$% of Price per ShareC$% of Price per Share
Usd Eps-0.03-5.7%-0.03-5.3%-0.02-3.5%-0.02-3.6%-0.02-3.2%
Usd Book Value Change Per Share-0.03-4.6%-0.01-1.2%-0.01-1.6%-0.01-2.3%0.000.3%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share-0.03-4.6%-0.01-1.2%-0.01-1.6%-0.01-2.3%0.000.3%
Usd Price Per Share0.52-0.57-0.44-0.43-0.65-
Price to Earnings Ratio-3.94--4.81--5.94--5.93--73.38-
Price-to-Total Gains Ratio-19.45--12.89--6.71--20.71--26.90-
Price to Book Ratio9.00-7.77-5.04-3.76-3.87-
Price-to-Total Gains Ratio-19.45--12.89--6.71--20.71--26.90-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.419691
Number of shares2382
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.01-0.01
Usd Total Gains Per Share-0.01-0.01
Gains per Quarter (2382 shares)-16.43-31.34
Gains per Year (2382 shares)-65.71-125.38
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-66-760-125-135
20-131-1420-251-260
30-197-2080-376-385
40-263-2740-502-510
50-329-3400-627-635
60-394-4060-752-760
70-460-4720-878-885
80-526-5380-1003-1010
90-591-6040-1128-1135
100-657-6700-1254-1260

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 Share0.04.00.00.0%0.012.00.00.0%0.020.00.00.0%1.028.00.03.4%1.028.00.03.4%
Book Value Change Per Share1.03.00.025.0%2.010.00.016.7%2.018.00.010.0%5.024.00.017.2%5.024.00.017.2%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.020.00.0%0.00.029.00.0%0.00.029.00.0%
Total Gains per Share1.03.00.025.0%2.010.00.016.7%2.018.00.010.0%5.024.00.017.2%5.024.00.017.2%

Fundamentals of Mirasol Resources Ltd

About Mirasol Resources Ltd

Mirasol Resources Ltd. engages in the acquisition and exploration of mineral properties primarily in Chile and Argentina. The company explores for gold, silver, and copper deposits. Its flagship projects include the Sobek Cu project, which covers an area of 11,100 hectares located in northern Chile; and the Inca Gold that covers an area of 16,300 hectares located on the Paleocene belt of Chile. The company was incorporated in 2003 and is headquartered in Vancouver, Canada.

Fundamental data was last updated by Penke on 2024-03-11 00:50:02.

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 just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

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

1.1. Profitability of Mirasol Resources Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Mirasol Resources 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 Mirasol Resources Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y-0.0%
5Y-10Y-0.0%
Compared to industry (Other Precious Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ--126.5%+126.5%
TTM--86.0%+86.0%
YOY--59.5%+59.5%
5Y--215.9%+215.9%
10Y--255.2%+255.2%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Mirasol Resources Ltd to the Other Precious Metals & Mining industry mean.
  • -50.9% Return on Assets means that Mirasol Resources Ltd generated $-0.51 profit for each $1 in assets.

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

  • The MRQ is -50.9%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -37.0%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-50.9%TTM-37.0%-13.9%
TTM-37.0%YOY-20.6%-16.3%
TTM-37.0%5Y-16.6%-20.4%
5Y-16.6%10Y-12.9%-3.7%
Compared to industry (Other Precious Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-50.9%-7.8%-43.1%
TTM-37.0%-10.5%-26.5%
YOY-20.6%-8.6%-12.0%
5Y-16.6%-12.1%-4.5%
10Y-12.9%-13.4%+0.5%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Mirasol Resources Ltd to the Other Precious Metals & Mining industry mean.
  • -57.1% Return on Equity means Mirasol Resources Ltd generated $-0.57 for each $1 the owners (shareholders) invested.

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

  • The MRQ is -57.1%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -41.0%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-57.1%TTM-41.0%-16.2%
TTM-41.0%YOY-22.5%-18.5%
TTM-41.0%5Y-18.1%-22.9%
5Y-18.1%10Y-14.0%-4.1%
Compared to industry (Other Precious Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-57.1%-7.7%-49.4%
TTM-41.0%-9.3%-31.7%
YOY-22.5%-9.1%-13.4%
5Y-18.1%-13.4%-4.7%
10Y-14.0%-15.0%+1.0%

1.2. Operating Efficiency of Mirasol Resources Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Mirasol Resources Ltd is operating .

  • Measures how much profit Mirasol Resources Ltd makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Mirasol Resources 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 Mirasol Resources Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y-0.0%
5Y-10Y-0.0%
Compared to industry (Other Precious Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ--549.1%+549.1%
TTM--93.6%+93.6%
YOY--86.1%+86.1%
5Y--213.7%+213.7%
10Y--298.9%+298.9%
1.2.2. Operating Ratio

Measures how efficient Mirasol Resources 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 Mirasol Resources Ltd:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y-0.000
5Y-10Y-0.000
Compared to industry (Other Precious Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.983-1.983
TTM-1.797-1.797
YOY-1.921-1.921
5Y-3.283-3.283
10Y-3.695-3.695

1.3. Liquidity of Mirasol Resources Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Mirasol Resources 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 6.77 means the company has $6.77 in assets for each $1 in short-term debts.

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

  • The MRQ is 6.765. The company is very able to pay all its short-term debts. +2
  • The TTM is 8.647. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ6.765TTM8.647-1.882
TTM8.647YOY11.753-3.105
TTM8.6475Y17.986-9.339
5Y17.98610Y22.245-4.259
Compared to industry (Other Precious Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ6.7652.353+4.412
TTM8.6472.840+5.807
YOY11.7534.144+7.609
5Y17.9865.866+12.120
10Y22.2455.911+16.334
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Mirasol Resources Ltd to the Other Precious Metals & Mining industry mean.
  • A Quick Ratio of 0.17 means the company can pay off $0.17 for each $1 in debt (using most liquid assets).

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

  • The MRQ is 0.170. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.222. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.170TTM0.222-0.052
TTM0.222YOY1.027-0.805
TTM0.2225Y9.039-8.817
5Y9.03910Y14.052-5.013
Compared to industry (Other Precious Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1700.754-0.584
TTM0.2220.670-0.448
YOY1.0271.133-0.106
5Y9.0391.142+7.897
10Y14.0521.449+12.603

1.4. Solvency of Mirasol Resources Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Mirasol Resources Ltd to Other Precious Metals & Mining industry mean.
  • A Debt to Asset Ratio of 0.11 means that Mirasol Resources Ltd assets are financed with 10.9% credit (debt) and the remaining percentage (100% - 10.9%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.109. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.097. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.109TTM0.097+0.013
TTM0.097YOY0.082+0.015
TTM0.0975Y0.072+0.025
5Y0.07210Y0.061+0.011
Compared to industry (Other Precious Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1090.119-0.010
TTM0.0970.129-0.032
YOY0.0820.107-0.025
5Y0.0720.184-0.112
10Y0.0610.228-0.167
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Mirasol Resources Ltd to the Other Precious Metals & Mining industry mean.
  • A Debt to Equity ratio of 12.3% means that company has $0.12 debt for each $1 in shareholders equity.

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

  • The MRQ is 0.123. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.107. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.123TTM0.107+0.016
TTM0.107YOY0.089+0.018
TTM0.1075Y0.078+0.029
5Y0.07810Y0.066+0.012
Compared to industry (Other Precious Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1230.112+0.011
TTM0.1070.119-0.012
YOY0.0890.113-0.024
5Y0.0780.167-0.089
10Y0.0660.191-0.125

2. Market Valuation of Mirasol Resources Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

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

  • Above 15 is considered overpriced but always compare Mirasol Resources Ltd to the Other Precious Metals & Mining industry mean.
  • A PE ratio of -3.94 means the investor is paying $-3.94 for every $1 in earnings.

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

  • The EOD is -3.205. Based on the earnings, the company is expensive. -2
  • The MRQ is -3.936. Based on the earnings, the company is expensive. -2
  • The TTM is -4.814. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-3.205MRQ-3.936+0.731
MRQ-3.936TTM-4.814+0.879
TTM-4.814YOY-5.945+1.130
TTM-4.8145Y-5.933+1.118
5Y-5.93310Y-73.379+67.447
Compared to industry (Other Precious Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-3.205-4.362+1.157
MRQ-3.936-5.593+1.657
TTM-4.814-6.224+1.410
YOY-5.945-9.301+3.356
5Y-5.933-9.607+3.674
10Y-73.379-9.820-63.559
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -3.548. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -4.357. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -5.084. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-3.548MRQ-4.357+0.809
MRQ-4.357TTM-5.084+0.726
TTM-5.084YOY-6.771+1.688
TTM-5.0845Y8.862-13.946
5Y8.86210Y0.701+8.161
Compared to industry (Other Precious Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-3.548-3.878+0.330
MRQ-4.357-5.293+0.936
TTM-5.084-5.641+0.557
YOY-6.771-8.187+1.416
5Y8.862-10.374+19.236
10Y0.701-9.301+10.002
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Mirasol Resources 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 9.00 means the investor is paying $9.00 for each $1 in book value.

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

  • The EOD is 7.325. Based on the equity, the company is overpriced. -1
  • The MRQ is 8.995. Based on the equity, the company is overpriced. -1
  • The TTM is 7.769. Based on the equity, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD7.325MRQ8.995-1.671
MRQ8.995TTM7.769+1.227
TTM7.769YOY5.039+2.730
TTM7.7695Y3.765+4.004
5Y3.76510Y3.873-0.108
Compared to industry (Other Precious Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD7.3250.961+6.364
MRQ8.9951.193+7.802
TTM7.7691.360+6.409
YOY5.0392.187+2.852
5Y3.7652.186+1.579
10Y3.8732.197+1.676
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

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

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.036-0.009-74%-0.013-65%-0.018-50%0.003-1441%
Book Value Per Share--0.0780.104-25%0.119-35%0.208-63%0.264-71%
Current Ratio--6.7658.647-22%11.753-42%17.986-62%22.245-70%
Debt To Asset Ratio--0.1090.097+13%0.082+34%0.072+52%0.061+79%
Debt To Equity Ratio--0.1230.107+15%0.089+38%0.078+56%0.066+86%
Dividend Per Share----0%-0%-0%-0%
Eps---0.044-0.041-7%-0.027-40%-0.028-37%-0.025-44%
Free Cash Flow Per Share---0.040-0.038-5%-0.024-40%-0.026-36%-0.023-43%
Free Cash Flow To Equity Per Share---0.040-0.010-75%-0.013-67%-0.018-55%-0.004-91%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---1.317--------
Intrinsic Value_10Y_min---1.131--------
Intrinsic Value_1Y_max---0.108--------
Intrinsic Value_1Y_min---0.106--------
Intrinsic Value_3Y_max---0.343--------
Intrinsic Value_3Y_min---0.327--------
Intrinsic Value_5Y_max---0.599--------
Intrinsic Value_5Y_min---0.555--------
Market Cap37511757.000-23%46067070.00050673777.000-9%39650585.250+16%38564718.600+19%58480216.448-21%
Net Profit Margin----0%-0%-0%-0%
Operating Margin----0%-0%-0%-0%
Operating Ratio----0%-0%-0%-0%
Pb Ratio7.325-23%8.9957.769+16%5.039+79%3.765+139%3.873+132%
Pe Ratio-3.205+19%-3.936-4.814+22%-5.945+51%-5.933+51%-73.379+1764%
Price Per Share0.570-23%0.7000.770-9%0.603+16%0.586+19%0.889-21%
Price To Free Cash Flow Ratio-3.548+19%-4.357-5.084+17%-6.771+55%8.862-149%0.701-722%
Price To Total Gains Ratio-15.840+19%-19.453-12.887-34%-6.710-66%-20.707+6%-26.902+38%
Quick Ratio--0.1700.222-23%1.027-83%9.039-98%14.052-99%
Return On Assets---0.509-0.370-27%-0.206-59%-0.166-67%-0.129-75%
Return On Equity---0.571-0.410-28%-0.225-61%-0.181-68%-0.140-76%
Total Gains Per Share---0.036-0.009-74%-0.013-65%-0.018-50%0.003-1441%
Usd Book Value--3770799.2005054515.977-25%5764427.906-35%10066274.572-63%12791044.046-71%
Usd Book Value Change Per Share---0.026-0.007-74%-0.009-65%-0.013-50%0.002-1441%
Usd Book Value Per Share--0.0570.077-25%0.088-35%0.153-63%0.194-71%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.033-0.030-7%-0.020-40%-0.021-37%-0.018-44%
Usd Free Cash Flow---1946151.345-1854973.843-5%-1163808.297-40%-1239826.118-36%-1110068.908-43%
Usd Free Cash Flow Per Share---0.030-0.028-5%-0.018-40%-0.019-36%-0.017-43%
Usd Free Cash Flow To Equity Per Share---0.030-0.007-75%-0.010-67%-0.013-55%-0.003-91%
Usd Market Cap27619906.679-23%33919183.64137311102.005-9%29194725.920+16%28395202.305+19%43058983.371-21%
Usd Price Per Share0.420-23%0.5150.567-9%0.444+16%0.431+19%0.654-21%
Usd Profit---2154558.851-2002527.811-7%-1297423.186-40%-1362039.290-37%-1203882.948-44%
Usd Revenue----0%-0%-0%-0%
Usd Total Gains Per Share---0.026-0.007-74%-0.009-65%-0.013-50%0.002-1441%
 EOD+3 -5MRQTTM+1 -28YOY+3 -265Y+5 -2410Y+3 -26

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-3.205
Price to Book Ratio (EOD)Between0-17.325
Net Profit Margin (MRQ)Greater than00.000
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.170
Current Ratio (MRQ)Greater than16.765
Debt to Asset Ratio (MRQ)Less than10.109
Debt to Equity Ratio (MRQ)Less than10.123
Return on Equity (MRQ)Greater than0.15-0.571
Return on Assets (MRQ)Greater than0.05-0.509
Total3/10 (30.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5047.543
Ma 20Greater thanMa 500.583
Ma 50Greater thanMa 1000.592
Ma 100Greater thanMa 2000.612
OpenGreater thanClose0.560
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.

 2022-12-312023-03-312023-06-302023-09-302023-12-31
Total Other Income Expense Net -15019-130-292-423354-6914273



Latest Balance Sheet

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

Summary
Total Assets5,750
Total Liabilities628
Total Stockholder Equity5,121
 As reported
Total Liabilities 628
Total Stockholder Equity+ 5,121
Total Assets = 5,750

Assets

Total Assets5,750
Total Current Assets4,128
Long-term Assets1,622
Total Current Assets
Cash And Cash Equivalents 3,753
Short-term Investments 104
Total Current Assets  (as reported)4,128
Total Current Assets  (calculated)3,857
+/- 271
Long-term Assets
Property Plant Equipment 1,614
Long-term Assets  (as reported)1,622
Long-term Assets  (calculated)1,614
+/- 8

Liabilities & Shareholders' Equity

Total Current Liabilities610
Long-term Liabilities18
Total Stockholder Equity5,121
Total Current Liabilities
Total Current Liabilities  (as reported)610
Total Current Liabilities  (calculated)0
+/- 610
Long-term Liabilities
Long-term Liabilities  (as reported)18
Long-term Liabilities  (calculated)0
+/- 18
Total Stockholder Equity
Total Stockholder Equity (as reported)5,121
Total Stockholder Equity (calculated)0
+/- 5,121
Other
Capital Stock67,596
Common Stock Shares Outstanding 65,656
Net Invested Capital 5,121
Net Working Capital 3,518
Property Plant and Equipment Gross 1,799



Balance Sheet

Currency in CAD. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-31
> Total Assets 
28,010
26,527
25,071
24,316
23,676
22,592
30,380
28,645
29,446
26,201
25,192
23,796
21,692
21,316
19,234
19,236
17,191
15,556
13,476
12,739
11,725
9,785
8,474
7,541
8,268
6,102
10,191
8,306
5,750
5,7508,30610,1916,1028,2687,5418,4749,78511,72512,73913,47615,55617,19119,23619,23421,31621,69223,79625,19226,20129,44628,64530,38022,59223,67624,31625,07126,52728,010
   > Total Current Assets 
24,887
23,414
21,966
21,213
20,556
19,480
27,277
25,550
26,260
22,983
21,943
20,229
18,090
17,674
16,476
16,543
14,523
12,794
11,414
10,698
9,669
7,756
6,792
5,882
6,622
4,424
8,538
6,666
4,128
4,1286,6668,5384,4246,6225,8826,7927,7569,66910,69811,41412,79414,52316,54316,47617,67418,09020,22921,94322,98326,26025,55027,27719,48020,55621,21321,96623,41424,887
       Cash And Cash Equivalents 
5,765
5,198
4,629
4,657
4,787
3,797
2,893
5,275
4,539
3,864
4,648
2,965
1,624
2,034
8,887
8,782
13,192
12,011
10,023
9,517
8,537
6,599
5,699
5,126
5,951
3,841
8,124
6,304
3,753
3,7536,3048,1243,8415,9515,1265,6996,5998,5379,51710,02312,01113,1928,7828,8872,0341,6242,9654,6483,8644,5395,2752,8933,7974,7874,6574,6295,1985,765
       Short-term Investments 
18,887
17,767
16,793
16,193
15,439
15,187
23,650
19,664
20,868
18,412
16,836
17,002
16,312
15,391
7,363
7,443
1,142
637
1,179
983
950
721
726
415
311
208
156
83
104
104831562083114157267219509831,1796371,1427,4437,36315,39116,31217,00216,83618,41220,86819,66423,65015,18715,43916,19316,79317,76718,887
       Net Receivables 
113
336
428
185
221
332
569
474
715
576
332
105
39
98
103
152
14
11
12
13
16
11
44
54
60
0
0
0
0
00006054441116131211141521039839105332576715474569332221185428336113
       Other Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
46
0
15
296
219
163
164
0
0
0
0
000016416321929615046000000000000000000
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
3,218
3,249
3,568
3,602
3,641
2,758
2,692
2,669
2,762
2,061
2,041
2,056
2,030
1,682
1,659
1,647
1,678
1,654
1,640
1,622
1,6221,6401,6541,6781,6471,6591,6822,0302,0562,0412,0612,7622,6692,6922,7583,6413,6023,5683,2493,218000000000
       Property Plant Equipment 
3,123
3,113
3,104
3,103
3,120
3,111
3,102
3,095
3,186
3,218
3,249
3,568
3,602
3,641
2,758
2,692
2,669
2,762
2,061
2,041
2,056
2,030
1,633
1,616
1,610
1,649
1,631
1,625
1,614
1,6141,6251,6311,6491,6101,6161,6332,0302,0562,0412,0612,7622,6692,6922,7583,6413,6023,5683,2493,2183,1863,0953,1023,1113,1203,1033,1043,1133,123
       Other Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
50
43
37
0
0
0
0
00003743500000000000000000000000
> Total Liabilities 
445
640
533
1,298
1,421
1,763
812
588
802
388
1,277
1,151
683
648
805
2,050
1,287
1,386
1,144
1,041
838
666
672
733
681
560
885
817
628
6288178855606817336726668381,0411,1441,3861,2872,0508056486831,1511,2773888025888121,7631,4211,298533640445
   > Total Current Liabilities 
445
640
533
1,298
1,421
1,763
812
588
802
388
1,277
910
450
425
600
1,854
1,099
1,207
980
889
698
539
557
632
596
490
832
781
610
6107818324905966325575396988899801,2071,0991,8546004254509101,2773888025888121,7631,4211,298533640445
       Accounts payable 
329
354
383
348
367
992
590
348
396
388
430
664
253
323
489
396
625
1,092
858
379
563
396
428
504
364
0
0
0
0
00003645044283965633798581,092625396489323253664430388396348590992367348383354329
       Other Current Liabilities 
0
0
0
862
875
532
68
38
205
0
847
163
90
0
0
1,333
365
40
0
368
0
0
0
0
0
0
0
0
0
0000000003680403651,333009016384702053868532875862000
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
241
233
224
205
197
188
179
164
152
140
128
115
101
86
70
53
36
18
183653708610111512814015216417918819720522423324100000000000
> Total Stockholder Equity
27,565
25,887
24,538
23,018
22,255
20,829
29,568
28,057
28,644
25,813
23,915
22,645
21,009
20,667
18,429
17,185
15,904
14,171
12,332
11,697
10,887
9,119
7,802
6,808
7,587
5,542
9,306
7,489
5,121
5,1217,4899,3065,5427,5876,8087,8029,11910,88711,69712,33214,17115,90417,18518,42920,66721,00922,64523,91525,81328,64428,05729,56820,82922,25523,01824,53825,88727,565
   Common Stock
48,123
48,194
48,304
48,357
48,357
48,357
57,426
57,426
57,470
57,678
57,678
57,695
57,730
57,744
57,768
57,778
57,669
57,548
57,477
57,453
57,491
57,491
57,502
57,506
60,380
0
0
0
0
000060,38057,50657,50257,49157,49157,45357,47757,54857,66957,77857,76857,74457,73057,69557,67857,67857,47057,42657,42648,35748,35748,35748,30448,19448,123
   Retained Earnings -82,673-79,747-77,835-74,037-71,794-69,114-68,038-66,603-64,746-63,790-62,957-61,133-59,399-58,337-56,994-54,634-54,196-52,448-51,092-49,117-45,676-46,013-44,445-44,430-42,939-41,928-40,104-38,715-36,926
   Capital Surplus 00000000000000000000000000000
   Treasury Stock00000000000000000000000000000
   Other Stockholders Equity 
16,367
16,408
16,339
16,589
16,837
16,902
16,587
16,644
16,849
17,252
17,329
17,398
17,474
17,557
17,656
17,745
17,635
17,755
17,811
18,034
18,141
18,230
18,338
18,417
19,001
0
0
0
0
000019,00118,41718,33818,23018,14118,03417,81117,75517,63517,74517,65617,55717,47417,39817,32917,25216,84916,64416,58716,90216,83716,58916,33916,40816,367



Balance Sheet

Currency in CAD. All numbers in thousands.




Cash Flow

Currency in CAD. All numbers in thousands.




Income Statement

Currency in CAD. All numbers in thousands.


Latest Income Statement (annual, 2023-06-30)

Gross Profit (+$)
totalRevenue0
Cost of Revenue-69
Gross Profit-69-69
 
Operating Income (+$)
Gross Profit-69
Operating Expense-9,669
Operating Income-9,669-9,739
 
Operating Expense (+$)
Research Development252
Selling General Administrative1,373
Selling And Marketing Expenses0
Operating Expense9,6691,624
 
Net Interest Income (+$)
Interest Income629
Interest Expense-26
Other Finance Cost-0
Net Interest Income603
 
Pretax Income (+$)
Operating Income-9,669
Net Interest Income603
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-9,797-8,939
EBIT - interestExpense = -26
-9,797
-9,771
Interest Expense26
Earnings Before Interest and Taxes (EBIT)0-9,771
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax-9,797
Tax Provision-0
Net Income From Continuing Ops-9,797-9,797
Net Income-9,797
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net-730-603
 

Technical Analysis of Mirasol Resources Ltd
The psychology behind the price

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

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Mirasol Resources Ltd. The general trend of Mirasol Resources Ltd is BEARISH with 85.7% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Mirasol Resources Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator zone transitionsBullish trend (-85.7%) Bearish trend (85.7%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

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

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


Score

Let's take a look at the Support & Resistance of Mirasol Resources Ltd.

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

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

The bullish price targets are: 0.57 < 0.64 < 0.64.

The bearish price targets are: 0.51 > 0.51 > 0.48.

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Mirasol Resources Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

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

Score

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

The long score for the Moving Averages is 1/14.
The longshort score for the Moving Averages is -12/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close < MA 20: The price is 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

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

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

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

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Mirasol Resources Ltd. The current macd is -0.00460776.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-4 +4).

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

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


Score

Let's take a look at the Directional Movement Index (DMI) of Mirasol Resources Ltd. The current adx is 24.27.

The long score for the Directional Movement Index (DMI) is 1/7.
The longshort score for the Directional Movement Index (DMI) is 1/(-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 Mirasol Resources Ltd shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Mirasol Resources Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

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

Score

Let's take a look at the Parabolic SAR of Mirasol Resources Ltd. The current sar is 0.66093456.

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
Mirasol Resources Ltd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

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

Score

Let's take a look at the Relative Strength Index (RSI) of Mirasol Resources Ltd. The current rsi is 47.54. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending up: The RSI is trending up. +1
Mirasol Resources Ltd Daily Relative Strength Index (RSI) ChartMirasol Resources Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

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

Score

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

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 2/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Mirasol Resources Ltd price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Mirasol Resources Ltd Daily Stochastic Oscillator ChartMirasol Resources Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

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

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

Score

Let's take a look at the Commodity Channel Index (CCI) of Mirasol Resources Ltd. The current cci is -45.86563307.

Mirasol Resources Ltd Daily Commodity Channel Index (CCI) ChartMirasol Resources Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

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

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

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Mirasol Resources Ltd. The current cmo is -5.89600442.

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
Mirasol Resources Ltd Daily Chande Momentum Oscillator (CMO) ChartMirasol Resources Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

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

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

Score

Let's take a look at the Williams %R of Mirasol Resources Ltd. The current willr is -80.

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

4. Volatility Indicators

4.1 Bollinger Bands

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

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

Score

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

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

Score

Let's take a look at the Average True Range (ATR) of Mirasol Resources Ltd. The current atr is 0.02516714.

Mirasol Resources Ltd Daily Average True Range (ATR) ChartMirasol Resources Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

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

Score

Let's take a look at the On-Balance Volume (OBV) of Mirasol Resources Ltd. The current obv is 1,023,384.

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

Measures the flow of money in and out of a security

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

Score

Let's take a look at the Money Flow Index (MFI) of Mirasol Resources Ltd. The current mfi is 17.82.

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

  • MFI < 50: -1
  • MFI < 20: -1
Mirasol Resources Ltd Daily Money Flow Index (MFI) ChartMirasol Resources Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Mirasol Resources Ltd.

6.2. Trading Signals

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

DateIndicatorSignal
2023-11-06DMI 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
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-07MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-11-08CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-10STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-13DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-14RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-15STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-20DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-22DMI 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.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-27MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-29STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-30CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-01ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-05STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-07STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-08DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-11SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-13MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-14STOCH 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).
2023-12-15MACD 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.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-18SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-12-19STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-20MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-22STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-27STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-28MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-03STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-04DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-01-05DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-08STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-10DMI 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
2024-01-11CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-12DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-17CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-23SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-25BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-26STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-29DMI 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).
2024-01-30ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-31DMI 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.
2024-02-02STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-12DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
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).
2024-02-13BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-21SAR 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).
2024-02-22STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-23DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-02-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-28MACD 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
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-04DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-05CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-06STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-08STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-11STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-15STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-18ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-20SAR 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
2024-03-22STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-25MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-26STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside

6.3. Candlestick Patterns

Mirasol Resources Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5047.543
Ma 20Greater thanMa 500.583
Ma 50Greater thanMa 1000.592
Ma 100Greater thanMa 2000.612
OpenGreater thanClose0.560
Total0/5 (0.0%)
Penke

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