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Ridgestone Mining Inc
Buy, Hold or Sell?

Let's analyse Ridgestone Mining Inc together

PenkeI guess you are interested in Ridgestone Mining Inc. 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 Ridgestone Mining Inc. 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 Ridgestone Mining Inc (30 sec.)










What can you expect buying and holding a share of Ridgestone Mining Inc? (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$0.13
How sure are you?
27.8%

+ What do you gain per year?

Total Gains per Share
C$0.06
Return On Investment
56.3%

For what price can you sell your share?

Current Price per Share
C$0.10
Expected price per share
C$0.1 - C$0.14
How sure are you?
50%

1. Valuation of Ridgestone Mining Inc (5 min.)




Live pricePrice per Share (EOD)

C$0.10

Intrinsic Value Per Share

C$0.05 - C$0.06

Total Value Per Share

C$0.12 - C$0.14

2. Growth of Ridgestone Mining Inc (5 min.)




Is Ridgestone Mining Inc growing?

Current yearPrevious yearGrowGrow %
How rich?$875k$1.6m-$512.4k-43.5%

How much money is Ridgestone Mining Inc making?

Current yearPrevious yearGrowGrow %
Making money-$198.3k-$125.3k-$72.9k-36.8%
Net Profit Margin0.0%0.0%--

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

3. Financial Health of Ridgestone Mining Inc (5 min.)




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




  Industry Rankings (Other Industrial Metals & Mining)  


Richest
#756 / 897

Most Revenue
#633 / 897

Most Profit
#292 / 897

Most Efficient
#333 / 897

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

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

What can you expect buying and holding a share of Ridgestone Mining Inc?

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

Speculation

The Price per Share of Ridgestone Mining Inc is C$0.1. 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 Ridgestone Mining Inc.
  • 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 Ridgestone Mining Inc, 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$0.00 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 Ridgestone Mining Inc.

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 Eps0.00-2.4%-0.01-12.6%0.00-1.2%-0.01-7.9%-0.01-7.9%
Usd Book Value Change Per Share0.00-2.4%0.0110.4%0.00-0.8%0.003.2%0.003.2%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.00-2.4%0.0110.4%0.00-0.8%0.003.2%0.003.2%
Usd Price Per Share0.07-0.08-0.02-0.08-0.08-
Price to Earnings Ratio-7.57--3.17--3.95--3.82--3.82-
Price-to-Total Gains Ratio-30.28--12.54--22.18--9.04--9.04-
Price to Book Ratio1.29-1.17-1.09-2.17-2.17-
Price-to-Total Gains Ratio-30.28--12.54--22.18--9.04--9.04-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.07363
Number of shares13581
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.010.00
Usd Total Gains Per Share0.010.00
Gains per Quarter (13581 shares)140.7443.15
Gains per Year (13581 shares)562.95172.59
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
105635530173163
20112611160345336
30168916790518509
40225222420690682
50281528050863855
6033783368010361028
7039413931012081201
8045044494013811374
9050675057015531547
10056295620017261720

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%0.018.00.00.0%0.018.00.00.0%0.018.00.00.0%
Book Value Change Per Share1.03.00.025.0%2.010.00.016.7%5.013.00.027.8%5.013.00.027.8%5.013.00.027.8%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.018.00.0%0.00.018.00.0%0.00.018.00.0%
Total Gains per Share1.03.00.025.0%2.010.00.016.7%5.013.00.027.8%5.013.00.027.8%5.013.00.027.8%

Fundamentals of Ridgestone Mining Inc

About Ridgestone Mining Inc

Ridgestone Mining Inc. acquires, explores for, and develops mineral properties in Mexico. It explores for gold, silver, copper, and other base metals. The company holds a 100% interest in the Rebeico Copper-Gold project that consists of 16 concessions covering an area of approximately 3,459 hectares located in Sonora, Mexico, as well as interests in Alaska Property located in Sonora, Mexico. It also has an option to acquire a 100% interest in the Guadalupe y Calvo project located in Chihuahua State, Mexico. The company was incorporated in 2017 and is based in Vancouver, Canada.

Fundamental data was last updated by Penke on 2024-03-12 17:07:05.

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 unable 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 underpriced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Ridgestone Mining Inc.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Ridgestone Mining Inc earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Ridgestone Mining Inc to the Other Industrial 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 Ridgestone Mining Inc:

  • 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 Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ--35.3%+35.3%
TTM--40.5%+40.5%
YOY--50.7%+50.7%
5Y--330.2%+330.2%
10Y--750.2%+750.2%
1.1.2. Return on Assets

Shows how efficient Ridgestone Mining Inc is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Ridgestone Mining Inc to the Other Industrial Metals & Mining industry mean.
  • -2.5% Return on Assets means that Ridgestone Mining Inc generated $-0.03 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Ridgestone Mining Inc:

  • The MRQ is -2.5%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -12.1%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-2.5%TTM-12.1%+9.6%
TTM-12.1%YOY-6.6%-5.5%
TTM-12.1%5Y-14.8%+2.8%
5Y-14.8%10Y-14.8%0.0%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-2.5%-6.0%+3.5%
TTM-12.1%-6.8%-5.3%
YOY-6.6%-5.9%-0.7%
5Y-14.8%-9.2%-5.6%
10Y-14.8%-12.0%-2.8%
1.1.3. Return on Equity

Shows how efficient Ridgestone Mining Inc is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Ridgestone Mining Inc to the Other Industrial Metals & Mining industry mean.
  • -4.3% Return on Equity means Ridgestone Mining Inc generated $-0.04 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Ridgestone Mining Inc:

  • The MRQ is -4.3%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -19.0%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-4.3%TTM-19.0%+14.8%
TTM-19.0%YOY-7.3%-11.7%
TTM-19.0%5Y-18.3%-0.7%
5Y-18.3%10Y-18.3%0.0%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-4.3%-6.9%+2.6%
TTM-19.0%-7.5%-11.5%
YOY-7.3%-6.1%-1.2%
5Y-18.3%-9.8%-8.5%
10Y-18.3%-12.8%-5.5%

1.2. Operating Efficiency of Ridgestone Mining Inc.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Ridgestone Mining Inc is operating .

  • Measures how much profit Ridgestone Mining Inc 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 Ridgestone Mining Inc to the Other Industrial 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 Ridgestone Mining Inc:

  • 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 Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ--285.5%+285.5%
TTM--46.7%+46.7%
YOY--76.4%+76.4%
5Y--361.7%+361.7%
10Y--693.1%+693.1%
1.2.2. Operating Ratio

Measures how efficient Ridgestone Mining Inc is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Other Industrial 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 Ridgestone Mining Inc:

  • 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 Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.951-1.951
TTM-1.923-1.923
YOY-2.082-2.082
5Y-4.850-4.850
10Y-8.674-8.674

1.3. Liquidity of Ridgestone Mining Inc.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Ridgestone Mining Inc is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • A Current Ratio of 0.06 means the company has $0.06 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Ridgestone Mining Inc:

  • The MRQ is 0.062. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.150. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.062TTM0.150-0.089
TTM0.150YOY1.010-0.860
TTM0.1505Y1.654-1.504
5Y1.65410Y1.6540.000
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0622.375-2.313
TTM0.1502.609-2.459
YOY1.0103.429-2.419
5Y1.6544.136-2.482
10Y1.6544.566-2.912
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Ridgestone Mining Inc to the Other Industrial Metals & Mining industry mean.
  • A Quick Ratio of 0.00 means the company can pay off $0.00 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Ridgestone Mining Inc:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM0.007-0.007
TTM0.007YOY0.123-0.116
TTM0.0075Y0.104-0.097
5Y0.10410Y0.1040.000
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.893-0.893
TTM0.0070.856-0.849
YOY0.1231.119-0.996
5Y0.1041.324-1.220
10Y0.1041.428-1.324

1.4. Solvency of Ridgestone Mining Inc.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Ridgestone Mining Inc assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Ridgestone Mining Inc to Other Industrial Metals & Mining industry mean.
  • A Debt to Asset Ratio of 0.41 means that Ridgestone Mining Inc assets are financed with 40.8% credit (debt) and the remaining percentage (100% - 40.8%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Ridgestone Mining Inc:

  • The MRQ is 0.408. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.333. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.408TTM0.333+0.075
TTM0.333YOY0.117+0.216
TTM0.3335Y0.172+0.160
5Y0.17210Y0.1720.000
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4080.192+0.216
TTM0.3330.190+0.143
YOY0.1170.151-0.034
5Y0.1720.212-0.040
10Y0.1720.238-0.066
1.4.2. Debt to Equity Ratio

Measures if Ridgestone Mining Inc is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Ridgestone Mining Inc to the Other Industrial Metals & Mining industry mean.
  • A Debt to Equity ratio of 68.9% means that company has $0.69 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Ridgestone Mining Inc:

  • The MRQ is 0.689. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.515. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.689TTM0.515+0.174
TTM0.515YOY0.133+0.382
TTM0.5155Y0.236+0.279
5Y0.23610Y0.2360.000
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6890.192+0.497
TTM0.5150.207+0.308
YOY0.1330.155-0.022
5Y0.2360.227+0.009
10Y0.2360.249-0.013

2. Market Valuation of Ridgestone Mining Inc

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 Ridgestone Mining Inc generates.

  • Above 15 is considered overpriced but always compare Ridgestone Mining Inc to the Other Industrial Metals & Mining industry mean.
  • A PE ratio of -7.57 means the investor is paying $-7.57 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Ridgestone Mining Inc:

  • The EOD is -7.570. Based on the earnings, the company is expensive. -2
  • The MRQ is -7.570. Based on the earnings, the company is expensive. -2
  • The TTM is -3.167. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-7.570MRQ-7.5700.000
MRQ-7.570TTM-3.167-4.403
TTM-3.167YOY-3.951+0.784
TTM-3.1675Y-3.818+0.651
5Y-3.81810Y-3.8180.000
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-7.570-3.740-3.830
MRQ-7.570-5.000-2.570
TTM-3.167-5.557+2.390
YOY-3.951-8.469+4.518
5Y-3.818-10.469+6.651
10Y-3.818-11.327+7.509
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Ridgestone Mining Inc:

  • The EOD is -8.327. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -8.327. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -13.169. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-8.327MRQ-8.3270.000
MRQ-8.327TTM-13.169+4.841
TTM-13.169YOY-13.705+0.537
TTM-13.1695Y-8.877-4.292
5Y-8.87710Y-8.8770.000
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-8.327-3.924-4.403
MRQ-8.327-5.463-2.864
TTM-13.169-6.302-6.867
YOY-13.705-8.457-5.248
5Y-8.877-12.796+3.919
10Y-8.877-13.886+5.009
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • A PB ratio of 1.29 means the investor is paying $1.29 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Ridgestone Mining Inc:

  • The EOD is 1.288. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.288. Based on the equity, the company is underpriced. +1
  • The TTM is 1.172. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.288MRQ1.2880.000
MRQ1.288TTM1.172+0.116
TTM1.172YOY1.089+0.083
TTM1.1725Y2.171-0.999
5Y2.17110Y2.1710.000
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD1.2881.161+0.127
MRQ1.2881.511-0.223
TTM1.1721.591-0.419
YOY1.0892.243-1.154
5Y2.1712.501-0.330
10Y2.1712.940-0.769
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Ridgestone Mining Inc 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---0.0030.014-123%-0.001-66%0.004-177%0.004-177%
Book Value Per Share--0.0780.105-26%0.022+246%0.058+34%0.058+34%
Current Ratio--0.0620.150-59%1.010-94%1.654-96%1.654-96%
Debt To Asset Ratio--0.4080.333+23%0.117+249%0.172+137%0.172+137%
Debt To Equity Ratio--0.6890.515+34%0.133+418%0.236+192%0.236+192%
Dividend Per Share----0%-0%-0%-0%
Eps---0.003-0.017+420%-0.002-49%-0.011+226%-0.011+226%
Free Cash Flow Per Share---0.003-0.006+85%-0.002-42%-0.007+137%-0.007+137%
Free Cash Flow To Equity Per Share---0.003-0.003+8%0.000-90%0.000-721%0.000-721%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--0.063--------
Intrinsic Value_10Y_min--0.046--------
Intrinsic Value_1Y_max---0.014--------
Intrinsic Value_1Y_min---0.014--------
Intrinsic Value_3Y_max---0.026--------
Intrinsic Value_3Y_min---0.025--------
Intrinsic Value_5Y_max---0.020--------
Intrinsic Value_5Y_min---0.020--------
Market Cap1530130.0000%1530130.0001683143.000-9%2512026.400-39%4428136.937-65%4428136.937-65%
Net Profit Margin----0%-0%-0%-0%
Operating Margin----0%-0%-0%-0%
Operating Ratio----0%-0%-0%-0%
Pb Ratio1.2880%1.2881.172+10%1.089+18%2.171-41%2.171-41%
Pe Ratio-7.5700%-7.570-3.167-58%-3.951-48%-3.818-50%-3.818-50%
Price Per Share0.1000%0.1000.110-9%0.025+300%0.112-11%0.112-11%
Price To Free Cash Flow Ratio-8.3270%-8.327-13.169+58%-13.705+65%-8.877+7%-8.877+7%
Price To Total Gains Ratio-30.2800%-30.280-12.543-59%-22.184-27%-9.037-70%-9.037-70%
Quick Ratio---0.007-100%0.123-100%0.104-100%0.104-100%
Return On Assets---0.025-0.121+379%-0.066+161%-0.148+489%-0.148+489%
Return On Equity---0.043-0.190+347%-0.073+73%-0.183+330%-0.183+330%
Total Gains Per Share---0.0030.014-123%-0.001-66%0.004-177%0.004-177%
Usd Book Value--875046.8991178022.937-26%1690426.256-48%1489151.247-41%1489151.247-41%
Usd Book Value Change Per Share---0.0020.010-123%-0.001-66%0.003-177%0.003-177%
Usd Book Value Per Share--0.0570.077-26%0.017+246%0.043+34%0.043+34%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.002-0.013+420%-0.001-49%-0.008+226%-0.008+226%
Usd Free Cash Flow---33824.149-62455.727+85%-129190.830+282%-202142.084+498%-202142.084+498%
Usd Free Cash Flow Per Share---0.002-0.004+85%-0.001-42%-0.005+137%-0.005+137%
Usd Free Cash Flow To Equity Per Share---0.002-0.002+8%0.000-90%0.000-721%0.000-721%
Usd Market Cap1126634.7190%1126634.7191239298.191-9%1849605.038-39%3260437.226-65%3260437.226-65%
Usd Price Per Share0.0740%0.0740.081-9%0.018+300%0.083-11%0.083-11%
Usd Profit---37206.712-198357.379+433%-125362.806+237%-257101.970+591%-257101.970+591%
Usd Revenue----0%-0%-0%-0%
Usd Total Gains Per Share---0.0020.010-123%-0.001-66%0.003-177%0.003-177%
 EOD+0 -0MRQTTM+12 -17YOY+8 -215Y+13 -1610Y+13 -16

3.2. Fundamental Score

Let's check the fundamental score of Ridgestone Mining Inc based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-7.570
Price to Book Ratio (EOD)Between0-11.288
Net Profit Margin (MRQ)Greater than00.000
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.000
Current Ratio (MRQ)Greater than10.062
Debt to Asset Ratio (MRQ)Less than10.408
Debt to Equity Ratio (MRQ)Less than10.689
Return on Equity (MRQ)Greater than0.15-0.043
Return on Assets (MRQ)Greater than0.05-0.025
Total2/10 (20.0%)

3.3. Technical Score

Let's check the technical score of Ridgestone Mining Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5054.897
Ma 20Greater thanMa 500.099
Ma 50Greater thanMa 1000.090
Ma 100Greater thanMa 2000.091
OpenGreater thanClose0.100
Total2/5 (40.0%)



Reversals in quarterly reports

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

 2022-09-302022-12-312023-03-312023-06-302023-09-30
Gross Profit  -3-104-10854-5452-11514
Cost of Revenue  3104108-5454-521-15-14
Total Other Income Expense Net -1-6-6-2-8-582-5905911



Latest Balance Sheet

Balance Sheet of 2023-09-30. Currency in CAD. All numbers in thousands.

Summary
Total Assets2,007
Total Liabilities819
Total Stockholder Equity1,188
 As reported
Total Liabilities 819
Total Stockholder Equity+ 1,188
Total Assets = 2,007

Assets

Total Assets2,007
Total Current Assets51
Long-term Assets1,957
Total Current Assets
Cash And Cash Equivalents 36
Total Current Assets  (as reported)51
Total Current Assets  (calculated)36
+/- 14
Long-term Assets
Property Plant Equipment 1,957
Long-term Assets  (as reported)1,957
Long-term Assets  (calculated)1,957
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities819
Long-term Liabilities0
Total Stockholder Equity1,188
Total Current Liabilities
Short Long Term Debt 355
Accounts payable 64
Total Current Liabilities  (as reported)819
Total Current Liabilities  (calculated)419
+/- 400
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Total Stockholder Equity (as reported)1,188
Total Stockholder Equity (calculated)0
+/- 1,188
Other
Capital Stock9,419
Common Stock Shares Outstanding 5,301
Net Debt 319
Net Invested Capital 1,543
Net Working Capital -768



Balance Sheet

Currency in CAD. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-30
> Total Assets 
1,669
1,999
1,848
3,006
2,274
2,078
2,062
3,393
2,878
2,604
2,617
2,486
2,643
2,656
2,771
2,615
2,056
2,007
2,0072,0562,6152,7712,6562,6432,4862,6172,6042,8783,3932,0622,0782,2743,0061,8481,9991,669
   > Total Current Assets 
655
272
108
751
317
122
106
1,219
704
429
443
312
247
110
225
69
99
51
5199692251102473124434297041,219106122317751108272655
       Cash And Cash Equivalents 
589
207
58
685
272
79
46
1,134
613
371
362
232
223
96
190
37
82
36
368237190962232323623716131,134467927268558207589
       Net Receivables 
0
15
22
30
25
30
34
65
76
48
55
59
8
9
0
15
6
0
061509859554876653430253022150
       Other Current Assets 
0
33
7
7
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000077330
   > Long-term Assets 
1,014
1,727
1,741
2,255
1,957
1,957
1,957
2,174
2,174
2,174
2,174
2,174
2,396
2,546
2,546
2,546
1,957
1,957
1,9571,9572,5462,5462,5462,3962,1742,1742,1742,1742,1741,9571,9571,9572,2551,7411,7271,014
       Property Plant Equipment 
1,014
1,014
1,014
2,255
1,957
1,957
1,957
2,174
2,174
2,174
2,174
2,174
2,396
2,546
2,546
2,546
1,957
1,957
1,9571,9572,5462,5462,5462,3962,1742,1742,1742,1742,1741,9571,9571,9572,2551,0141,0141,014
       Other Assets 
0
713
726
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000007267130
> Total Liabilities 
82
100
148
289
389
535
718
222
278
230
244
269
316
390
700
713
817
819
81981771370039031626924423027822271853538928914810082
   > Total Current Liabilities 
82
100
148
289
389
535
718
222
278
230
244
269
316
390
700
713
817
819
81981771370039031626924423027822271853538928914810082
       Short Long Term Debt 
0
0
0
0
0
110
160
0
0
0
0
0
0
75
255
295
355
355
3553552952557500000016011000000
       Accounts payable 
16
43
37
45
70
114
128
35
114
57
160
70
130
100
85
217
112
64
64112217851001307016057114351281147045374316
       Other Current Liabilities 
0
0
0
0
0
88
45
89
84
45
84
57
57
47
0
47
47
0
04747047575784458489458800000
   > Long-term Liabilities 
0
0
0
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000001000
> Total Stockholder Equity
1,587
1,899
1,700
2,717
1,885
1,543
1,345
3,171
2,600
2,374
2,374
2,217
2,327
2,266
2,070
1,902
1,239
1,188
1,1881,2391,9022,0702,2662,3272,2172,3742,3742,6003,1711,3451,5431,8852,7171,7001,8991,587
   Common Stock
4,213
4,873
4,876
6,351
6,456
6,456
6,490
8,744
8,846
8,846
9,197
9,197
9,419
9,419
0
9,419
9,419
0
09,4199,41909,4199,4199,1979,1978,8468,8468,7446,4906,4566,4566,3514,8764,8734,213
   Retained Earnings -9,142-9,092-8,429-8,260-8,064-8,004-7,892-7,735-7,383-7,158-6,496-5,936-5,728-5,228-4,277-3,814-3,620-3,273
   Capital Surplus 000000000000000000
   Treasury Stock000000000000000000
   Other Stockholders Equity 
647
646
638
644
658
816
791
923
912
912
912
912
912
912
0
912
912
0
09129120912912912912912912923791816658644638646647



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, 2023-12-31)

Gross Profit (+$)
totalRevenue0
Cost of Revenue-149
Gross Profit-149-149
 
Operating Income (+$)
Gross Profit-149
Operating Expense-430
Operating Income-430-578
 
Operating Expense (+$)
Research Development-
Selling General Administrative281
Selling And Marketing Expenses-
Operating Expense430281
 
Net Interest Income (+$)
Interest Income-
Interest Expense-44
Other Finance Cost-0
Net Interest Income-44
 
Pretax Income (+$)
Operating Income-430
Net Interest Income-44
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-1,078175
EBIT - interestExpense = -44
-1,078
-1,034
Interest Expense44
Earnings Before Interest and Taxes (EBIT)--1,034
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax-1,078
Tax Provision--
Net Income From Continuing Ops-1,078-1,078
Net Income-1,078
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-60444
 

Technical Analysis of Ridgestone Mining Inc
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 Ridgestone Mining Inc. The general trend of Ridgestone Mining Inc is BEARISH with 14.3% 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 Ridgestone Mining Inc'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 (-14.3%) Bearish trend (14.3%)
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 Ridgestone Mining Inc.

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: 0.12 < 0.12 < 0.14.

The bearish price targets are: 0.1 > 0.1 > 0.1.

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Ridgestone Mining Inc 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 Ridgestone Mining Inc. The current mas is .

The long score for the Moving Averages is 6/14.
The longshort score for the Moving Averages is -2/(-14 +14).

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

Ridgestone Mining Inc 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 Ridgestone Mining Inc. The current macd is 0.00364728.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-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 Ridgestone Mining Inc price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Ridgestone Mining Inc. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Ridgestone Mining Inc price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending 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
Ridgestone Mining Inc Daily Moving Average Convergence/Divergence (MACD) ChartRidgestone Mining Inc 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 Ridgestone Mining Inc. The current adx is 23.72.

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 Ridgestone Mining Inc 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.
Ridgestone Mining Inc 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 Ridgestone Mining Inc. The current sar is 0.08952158.

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

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Ridgestone Mining Inc 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 Ridgestone Mining Inc. The current rsi is 54.90. The current phase is Correction in bear market.

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

  • Correction in bear market: Extended price decline in a downtrend, significant pullback. Consider reducing exposure, wait for signs of trend reversal.
Ridgestone Mining Inc Daily Relative Strength Index (RSI) ChartRidgestone Mining Inc 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 Ridgestone Mining Inc. The current phase is Correction in bear market.

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

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Ridgestone Mining Inc price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Ridgestone Mining Inc Daily Stochastic Oscillator ChartRidgestone Mining Inc 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 Ridgestone Mining Inc. The current cci is 19.46.

Ridgestone Mining Inc Daily Commodity Channel Index (CCI) ChartRidgestone Mining Inc 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 Ridgestone Mining Inc. The current cmo is 7.63657495.

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

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Ridgestone Mining Inc Daily Chande Momentum Oscillator (CMO) ChartRidgestone Mining Inc 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 Ridgestone Mining Inc. The current willr is -44.44444444.

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 Ridgestone Mining Inc is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Ridgestone Mining Inc Daily Williams %R ChartRidgestone Mining Inc 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 Ridgestone Mining Inc.

Ridgestone Mining Inc 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 Ridgestone Mining Inc. The current atr is 0.00408173.

Ridgestone Mining Inc Daily Average True Range (ATR) ChartRidgestone Mining Inc 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 Ridgestone Mining Inc. The current obv is -132,335.

Ridgestone Mining Inc Daily On-Balance Volume (OBV) ChartRidgestone Mining Inc 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 Ridgestone Mining Inc. The current mfi is 52.79.

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

  • MFI > 50: +1
Ridgestone Mining Inc Daily Money Flow Index (MFI) ChartRidgestone Mining Inc Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Ridgestone Mining Inc.

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
2023-11-07DMI 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
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-09STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-14DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-15CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-17CCI 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).
2023-11-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-06WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-12-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-02MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-03WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-23DMI 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.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-25STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-02DMI 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).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-06CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-12DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-16RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-21STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-27SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-04MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-08DMI 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
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-14MACD 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.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-15MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-18RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-25MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.

6.3. Candlestick Patterns

Ridgestone Mining Inc Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Ridgestone Mining Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5054.897
Ma 20Greater thanMa 500.099
Ma 50Greater thanMa 1000.090
Ma 100Greater thanMa 2000.091
OpenGreater thanClose0.100
Total2/5 (40.0%)
Penke

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