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Neometals Ltd
Buy, Hold or Sell?

Let's analyse Neometals together

PenkeI guess you are interested in Neometals 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 Neometals 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 Neometals (30 sec.)










What can you expect buying and holding a share of Neometals? (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?
80.0%

What is your share worth?

Current worth
A$0.15
Expected worth in 1 year
A$-0.06
How sure are you?
50.0%

+ What do you gain per year?

Total Gains per Share
A$-0.21
Return On Investment
-161.8%

For what price can you sell your share?

Current Price per Share
A$0.13
Expected price per share
A$0.125 - A$0.24
How sure are you?
50%

1. Valuation of Neometals (5 min.)




Live pricePrice per Share (EOD)

A$0.13

Intrinsic Value Per Share

A$-0.61 - A$-0.20

Total Value Per Share

A$-0.46 - A$-0.05

2. Growth of Neometals (5 min.)




Is Neometals growing?

Current yearPrevious yearGrowGrow %
How rich?$61m$82.5m-$21.5m-35.4%

How much money is Neometals making?

Current yearPrevious yearGrowGrow %
Making money-$22.7m-$7.2m-$15.4m-67.9%
Net Profit Margin0.0%0.0%--

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

3. Financial Health of Neometals (5 min.)




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




  Industry Rankings (Waste Management)  

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

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

What can you expect buying and holding a share of Neometals?

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

Speculation

The Price per Share of Neometals is A$0.13. 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 Neometals.
  • 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 Neometals, 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$0.15. Based on the TTM, the Book Value Change Per Share is A$-0.05 per quarter. Based on the YOY, the Book Value Change Per Share is A$-0.03 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 Neometals.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 A$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per Share
Usd Eps-0.04-28.0%-0.04-28.0%0.003.5%0.017.7%0.0110.1%
Usd Book Value Change Per Share-0.03-26.6%-0.03-26.6%-0.02-16.3%0.000.1%0.014.3%
Usd Dividend Per Share0.000.3%0.000.3%0.000.3%0.003.7%0.014.1%
Usd Total Gains Per Share-0.03-26.4%-0.03-26.4%-0.02-16.0%0.013.9%0.018.4%
Usd Price Per Share0.32-0.32-0.59-0.29-0.22-
Price to Earnings Ratio-8.86--8.86-129.26-26.71-17.81-
Price-to-Total Gains Ratio-9.41--9.41--28.39--5.32-30.42-
Price to Book Ratio3.30-3.30-4.45-2.28-2.34-
Price-to-Total Gains Ratio-9.41--9.41--28.39--5.32-30.42-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.084799
Number of shares11792
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.030.00
Usd Total Gains Per Share-0.030.01
Gains per Quarter (11792 shares)-404.4359.28
Gains per Year (11792 shares)-1,617.73237.12
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
116-1634-16282289227
232-3268-324645618464
349-4902-486468527701
465-6536-648291336938
581-8170-81001141441175
697-9804-97181369531412
7114-11438-113361598621649
8130-13072-129541826711886
9146-14706-145722054802123
10162-16340-161902282892360

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%2.01.00.066.7%3.02.00.060.0%6.04.00.060.0%6.016.00.027.3%
Book Value Change Per Share0.01.00.00.0%1.02.00.033.3%2.03.00.040.0%4.06.00.040.0%14.08.00.063.6%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%8.00.02.080.0%8.00.014.036.4%
Total Gains per Share0.01.00.00.0%1.02.00.033.3%2.03.00.040.0%5.05.00.050.0%15.07.00.068.2%

Fundamentals of Neometals

About Neometals Ltd

Neometals Ltd explores for mineral projects in Australia. The company operates through three segments: Lithium, Titanium/Vanadium, and Other. Its projects include the Lithium-ion Battery Recycling project provides recycling service of batteries; Vanadium Recovery project, which recovers vanadium pentoxide through processing of steelmaking by-products; Lithium Refinery project; and Barrambie Titanium and Vanadium project located in Western Australia. Neometals Ltd was incorporated in 2001 and is based in West Perth, Australia.

Fundamental data was last updated by Penke on 2024-03-11 11:02:04.

Financial Health

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

Valuation

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

1.1. Profitability of Neometals Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Neometals earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Neometals to the Waste Management 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 Neometals 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-272.4%+272.4%
5Y-272.4%10Y-403.4%+131.0%
Compared to industry (Waste Management)
PeriodCompanyIndustry (mean)+/- 
MRQ-4.3%-4.3%
TTM-4.2%-4.2%
YOY-4.5%-4.5%
5Y-272.4%3.3%-275.7%
10Y-403.4%2.7%-406.1%
1.1.2. Return on Assets

Shows how efficient Neometals is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Neometals to the Waste Management industry mean.
  • -30.5% Return on Assets means that Neometals generated $-0.30 profit for each $1 in assets.

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

  • The MRQ is -30.5%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -30.5%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-30.5%TTM-30.5%0.0%
TTM-30.5%YOY-7.6%-22.9%
TTM-30.5%5Y-10.4%-20.0%
5Y-10.4%10Y-4.4%-6.0%
Compared to industry (Waste Management)
PeriodCompanyIndustry (mean)+/- 
MRQ-30.5%0.7%-31.2%
TTM-30.5%0.8%-31.3%
YOY-7.6%1.0%-8.6%
5Y-10.4%1.0%-11.4%
10Y-4.4%1.0%-5.4%
1.1.3. Return on Equity

Shows how efficient Neometals is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Neometals to the Waste Management industry mean.
  • -37.2% Return on Equity means Neometals generated $-0.37 for each $1 the owners (shareholders) invested.

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

  • The MRQ is -37.2%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -37.2%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-37.2%TTM-37.2%0.0%
TTM-37.2%YOY-8.8%-28.4%
TTM-37.2%5Y-12.1%-25.1%
5Y-12.1%10Y-8.7%-3.5%
Compared to industry (Waste Management)
PeriodCompanyIndustry (mean)+/- 
MRQ-37.2%2.2%-39.4%
TTM-37.2%2.4%-39.6%
YOY-8.8%3.0%-11.8%
5Y-12.1%2.6%-14.7%
10Y-8.7%2.2%-10.9%

1.2. Operating Efficiency of Neometals Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Neometals is operating .

  • Measures how much profit Neometals 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 Neometals to the Waste Management 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 Neometals 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-168.9%+168.9%
5Y-168.9%10Y-342.7%+173.8%
Compared to industry (Waste Management)
PeriodCompanyIndustry (mean)+/- 
MRQ-7.1%-7.1%
TTM-5.5%-5.5%
YOY-7.3%-7.3%
5Y-168.9%7.0%-175.9%
10Y-342.7%5.9%-348.6%
1.2.2. Operating Ratio

Measures how efficient Neometals is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Waste Management 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 Neometals Ltd:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y1.846-1.846
5Y1.84610Y3.721-1.875
Compared to industry (Waste Management)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.405-1.405
TTM-1.409-1.409
YOY-1.380-1.380
5Y1.8461.280+0.566
10Y3.7211.185+2.536

1.3. Liquidity of Neometals Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Neometals is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Waste Management industry mean).
  • A Current Ratio of 7.79 means the company has $7.79 in assets for each $1 in short-term debts.

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

  • The MRQ is 7.785. The company is very able to pay all its short-term debts. +2
  • The TTM is 7.785. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ7.785TTM7.7850.000
TTM7.785YOY17.180-9.394
TTM7.7855Y18.849-11.063
5Y18.84910Y18.001+0.848
Compared to industry (Waste Management)
PeriodCompanyIndustry (mean)+/- 
MRQ7.7851.275+6.510
TTM7.7851.280+6.505
YOY17.1801.240+15.940
5Y18.8491.273+17.576
10Y18.0011.219+16.782
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Neometals to the Waste Management industry mean.
  • A Quick Ratio of 7.92 means the company can pay off $7.92 for each $1 in debt (using most liquid assets).

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

  • The MRQ is 7.917. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 7.917. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ7.917TTM7.9170.000
TTM7.917YOY17.739-9.822
TTM7.9175Y18.806-10.889
5Y18.80610Y17.435+1.371
Compared to industry (Waste Management)
PeriodCompanyIndustry (mean)+/- 
MRQ7.9170.807+7.110
TTM7.9170.812+7.105
YOY17.7390.843+16.896
5Y18.8060.941+17.865
10Y17.4350.936+16.499

1.4. Solvency of Neometals Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Neometals assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Neometals to Waste Management industry mean.
  • A Debt to Asset Ratio of 0.18 means that Neometals assets are financed with 18.2% credit (debt) and the remaining percentage (100% - 18.2%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.182. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.182. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.182TTM0.1820.000
TTM0.182YOY0.139+0.043
TTM0.1825Y0.128+0.054
5Y0.12810Y0.138-0.010
Compared to industry (Waste Management)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1820.600-0.418
TTM0.1820.601-0.419
YOY0.1390.587-0.448
5Y0.1280.592-0.464
10Y0.1380.570-0.432
1.4.2. Debt to Equity Ratio

Measures if Neometals is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Neometals to the Waste Management industry mean.
  • A Debt to Equity ratio of 22.2% means that company has $0.22 debt for each $1 in shareholders equity.

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

  • The MRQ is 0.222. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.222. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.222TTM0.2220.000
TTM0.222YOY0.161+0.061
TTM0.2225Y0.150+0.072
5Y0.15010Y0.181-0.032
Compared to industry (Waste Management)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2221.535-1.313
TTM0.2221.582-1.360
YOY0.1611.480-1.319
5Y0.1501.557-1.407
10Y0.1811.612-1.431

2. Market Valuation of Neometals 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 Neometals generates.

  • Above 15 is considered overpriced but always compare Neometals to the Waste Management industry mean.
  • A PE ratio of -8.86 means the investor is paying $-8.86 for every $1 in earnings.

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

  • The EOD is -2.326. Based on the earnings, the company is expensive. -2
  • The MRQ is -8.858. Based on the earnings, the company is expensive. -2
  • The TTM is -8.858. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-2.326MRQ-8.858+6.532
MRQ-8.858TTM-8.8580.000
TTM-8.858YOY129.255-138.113
TTM-8.8585Y26.712-35.570
5Y26.71210Y17.805+8.906
Compared to industry (Waste Management)
PeriodCompanyIndustry (mean)+/- 
EOD-2.3269.079-11.405
MRQ-8.8589.065-17.923
TTM-8.8588.807-17.665
YOY129.25513.096+116.159
5Y26.7128.740+17.972
10Y17.80511.377+6.428
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -3.139. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -11.951. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -11.951. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-3.139MRQ-11.951+8.812
MRQ-11.951TTM-11.9510.000
TTM-11.951YOY-18.657+6.706
TTM-11.9515Y-14.442+2.491
5Y-14.44210Y-16.160+1.718
Compared to industry (Waste Management)
PeriodCompanyIndustry (mean)+/- 
EOD-3.1390.970-4.109
MRQ-11.9510.627-12.578
TTM-11.951-2.216-9.735
YOY-18.657-1.284-17.373
5Y-14.442-1.045-13.397
10Y-16.160-2.245-13.915
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Waste Management industry mean).
  • A PB ratio of 3.30 means the investor is paying $3.30 for each $1 in book value.

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

  • The EOD is 0.866. Based on the equity, the company is cheap. +2
  • The MRQ is 3.296. Based on the equity, the company is fair priced.
  • The TTM is 3.296. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD0.866MRQ3.296-2.431
MRQ3.296TTM3.2960.000
TTM3.296YOY4.452-1.156
TTM3.2965Y2.281+1.016
5Y2.28110Y2.344-0.063
Compared to industry (Waste Management)
PeriodCompanyIndustry (mean)+/- 
EOD0.8661.288-0.422
MRQ3.2961.373+1.923
TTM3.2961.394+1.902
YOY4.4521.797+2.655
5Y2.2811.601+0.680
10Y2.3442.183+0.161
2. Total Gains per Share

3. Holders & Insider Transactions

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

3.1. Funds holding Neometals Ltd

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2021-01-31DFA Asia Pacific Small Company Series0.11-626513--
2021-01-31DFA International Core Equity Portfolio0.1-551838--
2021-01-31DFA International Vector Equity Port0.01-48923--
Total 0.220122727400.0%

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Neometals 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---0.053-0.0530%-0.032-39%0.000-18475%0.009-722%
Book Value Per Share--0.1500.1500%0.203-26%0.209-28%0.152-1%
Current Ratio--7.7857.7850%17.180-55%18.849-59%18.001-57%
Debt To Asset Ratio--0.1820.1820%0.139+31%0.128+42%0.138+32%
Debt To Equity Ratio--0.2220.2220%0.161+38%0.150+48%0.181+23%
Dividend Per Share--0.0010.0010%0.001+2%0.007-93%0.008-94%
Eps---0.056-0.0560%0.007-898%0.015-466%0.020-377%
Free Cash Flow Per Share---0.041-0.0410%-0.049+17%-0.031-24%-0.023-45%
Free Cash Flow To Equity Per Share---0.042-0.0420%-0.043+1%-0.038-10%-0.030-28%
Gross Profit Margin--1.0001.0000%1.0000%1.0040%1.0020%
Intrinsic Value_10Y_max---0.198--------
Intrinsic Value_10Y_min---0.608--------
Intrinsic Value_1Y_max---0.022--------
Intrinsic Value_1Y_min---0.043--------
Intrinsic Value_3Y_max---0.065--------
Intrinsic Value_3Y_min---0.146--------
Intrinsic Value_5Y_max---0.105--------
Intrinsic Value_5Y_min---0.266--------
Market Cap80965297.920-281%308290942.080308290942.0800%563643035.520-45%280264492.800+10%210447493.594+46%
Net Profit Margin----0%-0%-2.7240%-4.0340%
Operating Margin----0%-0%-1.6890%-3.4270%
Operating Ratio----0%-0%1.846-100%3.721-100%
Pb Ratio0.866-281%3.2963.2960%4.452-26%2.281+45%2.344+41%
Pe Ratio-2.326+74%-8.858-8.8580%129.255-107%26.712-133%17.805-150%
Price Per Share0.130-281%0.4950.4950%0.905-45%0.450+10%0.338+46%
Price To Free Cash Flow Ratio-3.139+74%-11.951-11.9510%-18.657+56%-14.442+21%-16.160+35%
Price To Total Gains Ratio-2.472+74%-9.414-9.4140%-28.393+202%-5.320-43%30.417-131%
Quick Ratio--7.9177.9170%17.739-55%18.806-58%17.435-55%
Return On Assets---0.305-0.3050%-0.076-75%-0.104-66%-0.044-86%
Return On Equity---0.372-0.3720%-0.088-76%-0.121-67%-0.087-77%
Total Gains Per Share---0.053-0.0530%-0.032-39%0.008-782%0.017-414%
Usd Book Value--61003568.26561003568.2650%82578589.717-26%84866476.130-28%61871939.183-1%
Usd Book Value Change Per Share---0.035-0.0350%-0.021-39%0.000-18475%0.006-722%
Usd Book Value Per Share--0.0980.0980%0.133-26%0.136-28%0.099-1%
Usd Dividend Per Share--0.0000.0000%0.000+2%0.005-93%0.005-94%
Usd Eps---0.036-0.0360%0.005-898%0.010-466%0.013-377%
Usd Free Cash Flow---16827278.732-16827278.7320%-19706840.775+17%-12776494.267-24%-9222844.311-45%
Usd Free Cash Flow Per Share---0.027-0.0270%-0.032+17%-0.021-24%-0.015-45%
Usd Free Cash Flow To Equity Per Share---0.027-0.0270%-0.028+1%-0.025-10%-0.020-28%
Usd Market Cap52813663.833-281%201098181.519201098181.5190%367664352.070-45%182816528.653+10%137274900.071+46%
Usd Price Per Share0.085-281%0.3230.3230%0.590-45%0.294+10%0.220+46%
Usd Profit---22702889.899-22702889.8990%-7284846.610-68%-8700254.246-62%1036679.451-2290%
Usd Revenue----0%-0%215585.150-100%643976.522-100%
Usd Total Gains Per Share---0.034-0.0340%-0.021-39%0.005-782%0.011-414%
 EOD+3 -5MRQTTM+0 -0YOY+11 -215Y+5 -2910Y+5 -29

4.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-2.326
Price to Book Ratio (EOD)Between0-10.866
Net Profit Margin (MRQ)Greater than00.000
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than17.917
Current Ratio (MRQ)Greater than17.785
Debt to Asset Ratio (MRQ)Less than10.182
Debt to Equity Ratio (MRQ)Less than10.222
Return on Equity (MRQ)Greater than0.15-0.372
Return on Assets (MRQ)Greater than0.05-0.305
Total5/10 (50.0%)

4.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5040.779
Ma 20Greater thanMa 500.155
Ma 50Greater thanMa 1000.149
Ma 100Greater thanMa 2000.180
OpenGreater thanClose0.125
Total1/5 (20.0%)



Latest Balance Sheet

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

Summary
Total Assets114,273
Total Liabilities20,752
Total Stockholder Equity93,521
 As reported
Total Liabilities 20,752
Total Stockholder Equity+ 93,521
Total Assets = 114,273

Assets

Total Assets114,273
Total Current Assets27,234
Long-term Assets87,039
Total Current Assets
Cash And Cash Equivalents 24,439
Short-term Investments 764
Net Receivables 1,729
Other Current Assets 303
Total Current Assets  (as reported)27,234
Total Current Assets  (calculated)27,234
+/-0
Long-term Assets
Property Plant Equipment 1,773
Long Term Investments 20,426
Intangible Assets 946
Long-term Assets Other 47,565
Long-term Assets  (as reported)87,039
Long-term Assets  (calculated)70,710
+/- 16,329

Liabilities & Shareholders' Equity

Total Current Liabilities3,498
Long-term Liabilities17,254
Total Stockholder Equity93,521
Total Current Liabilities
Short-term Debt 286
Accounts payable 323
Other Current Liabilities 2,890
Total Current Liabilities  (as reported)3,498
Total Current Liabilities  (calculated)3,498
+/-0
Long-term Liabilities
Long term Debt Total 652
Capital Lease Obligations 938
Other Liabilities 73
Long-term Liabilities  (as reported)17,254
Long-term Liabilities  (calculated)1,662
+/- 15,591
Total Stockholder Equity
Common Stock146,234
Retained Earnings -63,549
Accumulated Other Comprehensive Income 10,835
Total Stockholder Equity (as reported)93,521
Total Stockholder Equity (calculated)93,521
+/-0
Other
Capital Stock146,234
Cash And Equivalents24,439
Cash and Short Term Investments 25,202
Common Stock Shares Outstanding 567,296
Current Deferred Revenue2,887
Liabilities and Stockholders Equity 114,273
Net Debt -23,501
Net Invested Capital 93,521
Net Tangible Assets 92,575
Net Working Capital 23,736
Property Plant and Equipment Gross 50,727
Short Long Term Debt Total 938



Balance Sheet

Currency in AUD. All numbers in thousands.

 Trend2023-06-302022-06-302021-06-302020-06-302019-06-302018-06-302017-06-302016-06-302015-06-302014-06-302013-06-302012-06-302011-06-302010-06-302009-06-302008-06-302007-06-302006-06-302005-06-302004-06-302003-06-302002-06-302001-06-30
> Total Assets 
8,835
4,046
8,343
10,454
11,540
13,897
19,282
45,572
43,165
57,306
109,868
120,683
68,162
27,476
22,562
95,700
84,603
97,831
162,487
149,016
170,225
146,982
114,273
114,273146,982170,225149,016162,48797,83184,60395,70022,56227,47668,162120,683109,86857,30643,16545,57219,28213,89711,54010,4548,3434,0468,835
   > Total Current Assets 
5,641
649
1,424
2,082
2,393
1,756
4,757
20,784
9,989
2,925
19,551
40,338
17,894
7,836
3,073
75,493
51,441
31,148
110,873
78,621
107,872
62,906
27,234
27,23462,906107,87278,621110,87331,14851,44175,4933,0737,83617,89440,33819,5512,9259,98920,7844,7571,7562,3932,0821,4246495,641
       Cash And Cash Equivalents 
5,612
3
1,295
2,004
2,354
1,613
4,379
19,973
9,288
1,285
13,824
25,612
7,207
7,065
1,443
73,224
42,129
26,342
109,462
77,043
93,897
60,158
24,439
24,43960,15893,89777,043109,46226,34242,12973,2241,4437,0657,20725,61213,8241,2859,28819,9734,3791,6132,3542,0041,29535,612
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
6,123
0
0
0
0
0
252
783
1,193
1,938
2,230
764
7642,2301,9381,193783252000006,12300000000000
       Net Receivables 
28
38
129
12
39
143
290
488
289
841
1,061
1,063
2,486
646
478
363
658
4,425
429
171
285
338
1,729
1,7293382851714294,4256583634786462,4861,0631,06184128948829014339121293828
       Other Current Assets 
0
607
0
66
0
0
87
324
412
516
4,613
6,395
3,638
126
1,153
1,906
8,654
128
199
214
11,751
180
303
30318011,7512141991288,6541,9061,1531263,6386,3954,61351641232487006606070
   > Long-term Assets 
3,194
3,398
6,919
8,373
9,147
12,141
14,525
24,787
33,176
54,381
90,317
80,345
50,268
19,640
19,489
20,207
33,162
66,683
51,615
70,395
62,353
84,076
87,039
87,03984,07662,35370,39551,61566,68333,16220,20719,48919,64050,26880,34590,31754,38133,17624,78714,52512,1419,1478,3736,9193,3983,194
       Property Plant Equipment 
3,194
3,398
6,919
8,373
9,147
10,678
12,677
20,769
28,359
39,936
43,006
61,212
36,048
10,967
11,613
11,752
12,750
32,463
38,758
3,057
1,154
943
1,773
1,7739431,1543,05738,75832,46312,75011,75211,61310,96736,04861,21243,00639,93628,35920,76912,67710,6789,1478,3736,9193,3983,194
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
2,000
1,495
1,099
6,640
17,852
33,150
11,849
8,927
15,492
24,426
20,426
20,42624,42615,4928,92711,84933,15017,8526,6401,0991,4952,000000000000000
       Intangible Assets 
0
0
0
0
0
0
0
0
50
300
0
0
0
0
0
86
284
461
663
793
755
999
946
94699975579366346128486000003005000000000
       Other Assets 
0
0
0
0
0
1,463
1,848
4,018
4,767
14,078
44,451
16,330
8,815
6,135
6,777
345
6,301
4,653
4,589
4,200
4,270
550
0
05504,2704,2004,5894,6536,3013456,7776,1358,81516,33044,45114,0784,7674,0181,8481,46300000
> Total Liabilities 
62
887
198
14
96
218
857
2,011
512
3,221
12,074
15,299
27,822
3,792
9,342
6,091
5,734
5,211
8,409
19,462
23,457
20,386
20,752
20,75220,38623,45719,4628,4095,2115,7346,0919,3423,79227,82215,29912,0743,2215122,011857218961419888762
   > Total Current Liabilities 
26
854
184
14
96
218
831
2,002
319
2,099
11,376
7,837
17,985
3,293
3,990
1,648
2,156
2,403
3,245
3,855
7,334
3,662
3,498
3,4983,6627,3343,8553,2452,4032,1561,6483,9903,29317,9857,83711,3762,0993192,002831218961418485426
       Short-term Debt 
0
0
19
14
0
0
16
17
0
0
0
48
432
1,927
1,931
12
11
252
501
501
364
372
286
28637236450150125211121,9311,92743248000171600141900
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
1,927
1,971
40
27
0
0
0
0
0
0
00000027401,9711,9270000000000000
       Accounts payable 
0
592
165
0
96
203
815
1,985
319
634
434
2,022
7,527
81
675
171
467
505
739
856
975
917
323
323917975856739505467171675817,5272,0224346343191,9858152039601655920
       Other Current Liabilities 
26
262
0
0
0
0
0
0
0
1,465
10,842
5,768
10,027
1,285
1,385
1,465
1,678
1,898
2,506
2,497
5,995
2,373
2,890
2,8902,3735,9952,4972,5061,8981,6781,4651,3851,28510,0275,76810,8421,465000000026226
   > Long-term Liabilities 
36
33
14
0
0
0
26
9
193
1,122
699
7,462
9,837
499
5,352
4,442
3,578
2,808
5,165
15,607
16,123
16,724
17,254
17,25416,72416,12315,6075,1652,8083,5784,4425,3524999,8377,4626991,122193926000143336
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
40
28
16
0
0
722
336
0
652
65203367220016284000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
193
1,122
699
7,462
9,837
499
5,312
4,414
3,563
2,808
5,165
1,326
7,224
783
73
737837,2241,3265,1652,8083,5634,4145,3124999,8377,4626991,12219300000000
> Total Stockholder Equity
8,773
3,159
8,145
10,441
11,443
13,679
18,425
43,561
42,653
54,085
97,794
105,384
40,340
23,684
13,220
89,610
78,869
92,621
154,078
129,554
146,768
126,596
93,521
93,521126,596146,768129,554154,07892,62178,86989,61013,22023,68440,340105,38497,79454,08542,65343,56118,42513,67911,44310,4418,1453,1598,773
   Common Stock
8,900
3,400
8,943
12,005
13,981
16,204
22,728
48,881
50,277
63,774
109,791
148,059
158,046
158,292
157,911
160,048
155,367
154,102
154,265
154,437
154,635
145,564
146,234
146,234145,564154,635154,437154,265154,102155,367160,048157,911158,292158,046148,059109,79163,77450,27748,88122,72816,20413,98112,0058,9433,4008,900
   Retained Earnings -63,549-28,744-16,908-33,251-7,807-68,575-83,351-76,836-150,261-139,946-123,280-47,698-16,715-13,361-10,694-8,226-5,046-2,623-2,538-1,565-798-241-127
   Capital Surplus 00000000000000000000000
   Treasury Stock00000000000000000000000
   Other Stockholders Equity 
0
4
0
0
0
0
0
0
0
0
0
0
0
5,338
5,570
6,398
6,852
7,095
7,621
8,368
9,041
9,776
300
3009,7769,0418,3687,6217,0956,8526,3985,5705,3380000000000040



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 (+$)
totalRevenue0
Cost of Revenue-523
Gross Profit-523-523
 
Operating Income (+$)
Gross Profit-523
Operating Expense-21,836
Operating Income-22,359-22,359
 
Operating Expense (+$)
Research Development304
Selling General Administrative11,344
Selling And Marketing Expenses0
Operating Expense21,83611,648
 
Net Interest Income (+$)
Interest Income1,057
Interest Expense-30
Other Finance Cost-0
Net Interest Income1,027
 
Pretax Income (+$)
Operating Income-22,359
Net Interest Income1,027
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-25,468-19,250
EBIT - interestExpense = -22,389
-36,179
-34,775
Interest Expense30
Earnings Before Interest and Taxes (EBIT)-22,359-25,438
Earnings Before Interest and Taxes (EBITDA)-21,836
 
After tax Income (+$)
Income Before Tax-25,468
Tax Provision--1,375
Net Income From Continuing Ops-34,804-24,093
Net Income-34,804
Net Income Applicable To Common Shares-34,804
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses22,359
Total Other Income/Expenses Net-3,109-1,027
 

Technical Analysis of Neometals
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 Neometals. The general trend of Neometals 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 Neometals'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 Neometals Ltd.

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

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 0.22 < 0.2275 < 0.24.

The bearish price targets are: 0.125 > 0.125 > 0.125.

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Neometals 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 Neometals 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 down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 > MA 50: The MA 20 is higher 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

Neometals 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 Neometals Ltd. The current macd is -0.0054828.

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 Neometals price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Neometals. 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 Neometals 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
Neometals Ltd Daily Moving Average Convergence/Divergence (MACD) ChartNeometals 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 Neometals Ltd. The current adx is 15.41.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Neometals shares, leading to potential downward 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.
Neometals 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 Neometals Ltd. The current sar is 0.1927322.

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
Neometals 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 Neometals Ltd. The current rsi is 40.78. 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
Neometals Ltd Daily Relative Strength Index (RSI) ChartNeometals 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 Neometals 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 0/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line > STOCH %D line: The STOCH %K line is 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 Neometals price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Neometals Ltd Daily Stochastic Oscillator ChartNeometals 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 Neometals Ltd. The current cci is -119.64785914.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
Neometals Ltd Daily Commodity Channel Index (CCI) ChartNeometals 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 Neometals Ltd. The current cmo is -24.86171534.

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
Neometals Ltd Daily Chande Momentum Oscillator (CMO) ChartNeometals 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 Neometals Ltd. The current willr is -94.73684211.

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

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

Neometals 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 Neometals Ltd. The current atr is 0.01440486.

Neometals Ltd Daily Average True Range (ATR) ChartNeometals 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 Neometals Ltd. The current obv is -141,402,174.

Neometals Ltd Daily On-Balance Volume (OBV) ChartNeometals 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 Neometals Ltd. The current mfi is 29.65.

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

  • MFI < 50: -1
Neometals Ltd Daily Money Flow Index (MFI) ChartNeometals Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Neometals 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
2023-11-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-08SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-10STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-14STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-15DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-11-17DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-23SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-24STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-28STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-29MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-01BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-04MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-06STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-07MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-08MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-12MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-14STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-19CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-20DMI 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
2023-12-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-22DMI 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
2023-12-29DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-03DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-05WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-08SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-09CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-10DMI 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).
2024-01-11SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-12STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-15CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-16DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-17SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-18MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-24STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-30STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-01STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-02STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-06STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-09MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-12SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-13DMI 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
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-15DMI 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
2024-02-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-22SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-27WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-28STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-01CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
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.
2024-03-05WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-06STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-07STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-11CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-12STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-14RSI SHORT ENTRY LONG CLOSE70 crossover to downside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-15ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-18SAR 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).
2024-03-19MACD 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.
2024-03-20DMI 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.
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-25DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-03-26CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-28STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

Neometals Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5040.779
Ma 20Greater thanMa 500.155
Ma 50Greater thanMa 1000.149
Ma 100Greater thanMa 2000.180
OpenGreater thanClose0.125
Total1/5 (20.0%)
Penke

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