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Rand Mining Ltd
Buy, Hold or Sell?

Let's analyse Rand Mining Ltd together

PenkeI guess you are interested in Rand Mining 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 Rand Mining 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 Rand Mining Ltd (30 sec.)










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

How much money do you get?

How much money do you get?
A$0.26
When do you have the money?
1 year
How often do you get paid?
80.0%

What is your share worth?

Current worth
A$1.72
Expected worth in 1 year
A$1.90
How sure are you?
90.0%

+ What do you gain per year?

Total Gains per Share
A$0.58
Return On Investment
42.2%

For what price can you sell your share?

Current Price per Share
A$1.37
Expected price per share
A$1.25 - A$1.37
How sure are you?
50%

1. Valuation of Rand Mining Ltd (5 min.)




Live pricePrice per Share (EOD)

A$1.37

Intrinsic Value Per Share

A$-0.68 - A$4.33

Total Value Per Share

A$1.04 - A$6.05

2. Growth of Rand Mining Ltd (5 min.)




Is Rand Mining Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$63.7m$62m$1.6m2.6%

How much money is Rand Mining Ltd making?

Current yearPrevious yearGrowGrow %
Making money$5.3m$6.9m-$1.5m-29.6%
Net Profit Margin27.3%33.2%--

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

3. Financial Health of Rand Mining Ltd (5 min.)




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




  Industry Rankings (Gold)  


Richest
#116 / 509

Most Revenue
#103 / 509

Most Profit
#57 / 509

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

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

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

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

Speculation

The Price per Share of Rand Mining Ltd is A$1.37. 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 Rand Mining Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

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

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is A$1.72. Based on the TTM, the Book Value Change Per Share is A$0.04 per quarter. Based on the YOY, the Book Value Change Per Share is A$0.16 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$0.10 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Rand Mining Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 A$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per Share
Usd Eps0.096.9%0.096.9%0.128.9%0.2216.0%0.1813.1%
Usd Book Value Change Per Share0.032.1%0.032.1%0.107.6%0.010.5%0.074.8%
Usd Dividend Per Share0.074.8%0.074.8%0.074.8%0.2316.7%0.139.6%
Usd Total Gains Per Share0.096.9%0.096.9%0.1712.4%0.2317.1%0.2014.4%
Usd Price Per Share0.79-0.79-0.86-1.22-1.29-
Price to Earnings Ratio8.37-8.37-7.02--11.33--0.16-
Price-to-Total Gains Ratio8.37-8.37-5.07--11.34--1.03-
Price to Book Ratio0.70-0.70-0.79-1.20-1.49-
Price-to-Total Gains Ratio8.37-8.37-5.07--11.34--1.03-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.893651
Number of shares1119
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.070.23
Usd Book Value Change Per Share0.030.01
Usd Total Gains Per Share0.090.23
Gains per Quarter (1119 shares)105.51262.85
Gains per Year (1119 shares)422.041,051.41
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
12921304121022291041
25842608342045582092
387639012563067873143
41168520167840901164194
51460650210051121455245
61752780252261351746296
72044911294471572037347
823361041336681802328398
926281171378892022619449
102920130142101022429010500

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 Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%9.01.00.090.0%23.012.00.065.7%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%3.02.00.060.0%8.02.00.080.0%25.010.00.071.4%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%8.00.02.080.0%8.00.027.022.9%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%9.01.00.090.0%26.09.00.074.3%

Fundamentals of Rand Mining Ltd

About Rand Mining Ltd

Rand Mining Limited explores for, develops, and produces mineral properties in Australia. It explores for gold and silver deposits. The company holds a 12.25% interest in the East Kundana Joint Venture located to the west north west of Kalgoorlie and north east of Coolgardie. It also has a 50% interest in the Seven Mile Hill project. The company was incorporated in 1966 and is based in South Perth, Australia.

Fundamental data was last updated by Penke on 2024-03-12 17:17:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very efficient.
The company is very efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is just 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 cheap.
Based on the earnings, the company is underpriced.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Rand Mining Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Rand Mining Ltd to the Gold industry mean.
  • A Net Profit Margin of 27.3% means that $0.27 for each $1 in revenue is generated as profit.

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

  • The MRQ is 27.3%. The company is making a huge profit. +2
  • The TTM is 27.3%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ27.3%TTM27.3%0.0%
TTM27.3%YOY33.2%-6.0%
TTM27.3%5Y24.0%+3.3%
5Y24.0%10Y30.0%-6.0%
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ27.3%-3.2%+30.5%
TTM27.3%-4.9%+32.2%
YOY33.2%-4.0%+37.2%
5Y24.0%-17.8%+41.8%
10Y30.0%-23.5%+53.5%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Rand Mining Ltd to the Gold industry mean.
  • 8.1% Return on Assets means that Rand Mining Ltd generated $0.08 profit for each $1 in assets.

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

  • The MRQ is 8.1%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 8.1%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ8.1%TTM8.1%0.0%
TTM8.1%YOY10.2%-2.1%
TTM8.1%5Y17.5%-9.4%
5Y17.5%10Y15.6%+1.8%
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ8.1%-3.8%+11.9%
TTM8.1%-4.1%+12.2%
YOY10.2%-4.3%+14.5%
5Y17.5%-6.3%+23.8%
10Y15.6%-8.0%+23.6%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Rand Mining Ltd to the Gold industry mean.
  • 8.4% Return on Equity means Rand Mining Ltd generated $0.08 for each $1 the owners (shareholders) invested.

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

  • The MRQ is 8.4%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 8.4%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ8.4%TTM8.4%0.0%
TTM8.4%YOY11.2%-2.8%
TTM8.4%5Y21.3%-12.9%
5Y21.3%10Y19.1%+2.3%
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ8.4%-3.7%+12.1%
TTM8.4%-4.1%+12.5%
YOY11.2%-4.7%+15.9%
5Y21.3%-7.3%+28.6%
10Y19.1%-9.9%+29.0%

1.2. Operating Efficiency of Rand Mining Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Rand Mining Ltd is operating .

  • Measures how much profit Rand Mining Ltd makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Rand Mining Ltd to the Gold industry mean.
  • An Operating Margin of 50.0% means the company generated $0.50  for each $1 in revenue (before taxes).

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

  • The MRQ is 50.0%. The company is operating very efficient. +2
  • The TTM is 50.0%. The company is operating very efficient. +2
Trends
Current periodCompared to+/- 
MRQ50.0%TTM50.0%0.0%
TTM50.0%YOY53.1%-3.1%
TTM50.0%5Y35.8%+14.1%
5Y35.8%10Y44.4%-8.6%
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ50.0%-3.4%+53.4%
TTM50.0%2.9%+47.1%
YOY53.1%1.2%+51.9%
5Y35.8%-8.3%+44.1%
10Y44.4%-16.3%+60.7%
1.2.2. Operating Ratio

Measures how efficient Rand Mining Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Gold industry mean).
  • An Operation Ratio of 0.50 means that the operating costs are $0.50 for each $1 in net sales.

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

  • The MRQ is 0.500. The company is very efficient in keeping operating costs low. +2
  • The TTM is 0.500. The company is very efficient in keeping operating costs low. +2
Trends
Current periodCompared to+/- 
MRQ0.500TTM0.5000.000
TTM0.500YOY0.469+0.031
TTM0.5005Y0.619-0.118
5Y0.61910Y0.620-0.001
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5001.410-0.910
TTM0.5001.320-0.820
YOY0.4691.394-0.925
5Y0.6191.497-0.878
10Y0.6201.450-0.830

1.3. Liquidity of Rand Mining Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Rand Mining Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Gold industry mean).
  • A Current Ratio of 36.14 means the company has $36.14 in assets for each $1 in short-term debts.

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

  • The MRQ is 36.143. The company is very able to pay all its short-term debts. +2
  • The TTM is 36.143. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ36.143TTM36.1430.000
TTM36.143YOY17.397+18.746
TTM36.1435Y16.834+19.309
5Y16.83410Y11.882+4.952
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ36.1432.482+33.661
TTM36.1432.573+33.570
YOY17.3973.584+13.813
5Y16.8344.058+12.776
10Y11.8824.609+7.273
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Rand Mining Ltd to the Gold industry mean.
  • A Quick Ratio of 1.04 means the company can pay off $1.04 for each $1 in debt (using most liquid assets).

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

  • The MRQ is 1.037. The company is just able to pay all its short-term debts with the most liquid assets.
  • The TTM is 1.037. The company is just able to pay all its short-term debts with the most liquid assets.
Trends
Current periodCompared to+/- 
MRQ1.037TTM1.0370.000
TTM1.037YOY0.538+0.499
TTM1.0375Y1.233-0.196
5Y1.23310Y0.940+0.293
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0370.715+0.322
TTM1.0370.636+0.401
YOY0.5381.015-0.477
5Y1.2331.265-0.032
10Y0.9401.372-0.432

1.4. Solvency of Rand Mining Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Rand Mining Ltd to Gold industry mean.
  • A Debt to Asset Ratio of 0.04 means that Rand Mining Ltd assets are financed with 4.3% credit (debt) and the remaining percentage (100% - 4.3%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.043. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.043. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.043TTM0.0430.000
TTM0.043YOY0.091-0.048
TTM0.0435Y0.112-0.069
5Y0.11210Y0.139-0.027
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0430.186-0.143
TTM0.0430.189-0.146
YOY0.0910.167-0.076
5Y0.1120.220-0.108
10Y0.1390.247-0.108
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Rand Mining Ltd to the Gold industry mean.
  • A Debt to Equity ratio of 4.5% means that company has $0.04 debt for each $1 in shareholders equity.

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

  • The MRQ is 0.045. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.045. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.045TTM0.0450.000
TTM0.045YOY0.100-0.055
TTM0.0455Y0.132-0.087
5Y0.13210Y0.166-0.035
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0450.188-0.143
TTM0.0450.195-0.150
YOY0.1000.184-0.084
5Y0.1320.240-0.108
10Y0.1660.282-0.116

2. Market Valuation of Rand Mining 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 Rand Mining Ltd generates.

  • Above 15 is considered overpriced but always compare Rand Mining Ltd to the Gold industry mean.
  • A PE ratio of 8.37 means the investor is paying $8.37 for every $1 in earnings.

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

  • The EOD is 9.478. Based on the earnings, the company is underpriced. +1
  • The MRQ is 8.371. Based on the earnings, the company is underpriced. +1
  • The TTM is 8.371. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD9.478MRQ8.371+1.107
MRQ8.371TTM8.3710.000
TTM8.371YOY7.017+1.354
TTM8.3715Y-11.329+19.699
5Y-11.32910Y-0.162-11.167
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
EOD9.478-3.239+12.717
MRQ8.371-3.687+12.058
TTM8.371-4.059+12.430
YOY7.017-6.669+13.686
5Y-11.329-9.017-2.312
10Y-0.162-9.291+9.129
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 13.371. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 11.810. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 11.810. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD13.371MRQ11.810+1.562
MRQ11.810TTM11.8100.000
TTM11.810YOY10.604+1.206
TTM11.8105Y1.493+10.317
5Y1.49310Y63.248-61.755
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
EOD13.371-3.432+16.803
MRQ11.810-3.906+15.716
TTM11.810-4.728+16.538
YOY10.604-6.758+17.362
5Y1.493-10.478+11.971
10Y63.248-11.495+74.743
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Gold industry mean).
  • A PB ratio of 0.70 means the investor is paying $0.70 for each $1 in book value.

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

  • The EOD is 0.798. Based on the equity, the company is cheap. +2
  • The MRQ is 0.704. Based on the equity, the company is cheap. +2
  • The TTM is 0.704. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.798MRQ0.704+0.093
MRQ0.704TTM0.7040.000
TTM0.704YOY0.786-0.082
TTM0.7045Y1.200-0.495
5Y1.20010Y1.495-0.295
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
EOD0.7981.074-0.276
MRQ0.7041.178-0.474
TTM0.7041.248-0.544
YOY0.7861.807-1.021
5Y1.2002.425-1.225
10Y1.4952.542-1.047
2. Total Gains per Share

3. Holders & Insider Transactions

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

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Rand Mining 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--0.0450.0450%0.159-72%0.010+349%0.102-56%
Book Value Per Share--1.7181.7180%1.673+3%1.578+9%1.360+26%
Current Ratio--36.14336.1430%17.397+108%16.834+115%11.882+204%
Debt To Asset Ratio--0.0430.0430%0.091-53%0.112-62%0.139-69%
Debt To Equity Ratio--0.0450.0450%0.100-55%0.132-66%0.166-73%
Dividend Per Share--0.1000.1000%0.1000%0.350-71%0.201-50%
Eps--0.1450.1450%0.187-23%0.336-57%0.275-47%
Free Cash Flow Per Share--0.1020.1020%0.124-17%-0.114+211%-0.039+138%
Free Cash Flow To Equity Per Share---0.001-0.0010%0.014-106%-0.495+65454%-0.242+31889%
Gross Profit Margin--0.8500.8500%0.887-4%1.324-36%1.162-27%
Intrinsic Value_10Y_max--4.330--------
Intrinsic Value_10Y_min---0.681--------
Intrinsic Value_1Y_max--0.187--------
Intrinsic Value_1Y_min---0.104--------
Intrinsic Value_3Y_max--0.750--------
Intrinsic Value_3Y_min---0.282--------
Intrinsic Value_5Y_max--1.540--------
Intrinsic Value_5Y_min---0.428--------
Market Cap77920120.000+12%68819960.00068819960.0000%74791940.000-8%110239579.630-38%118145942.565-42%
Net Profit Margin--0.2730.2730%0.332-18%0.240+14%0.300-9%
Operating Margin--0.5000.5000%0.531-6%0.358+39%0.444+12%
Operating Ratio--0.5000.5000%0.469+7%0.619-19%0.620-19%
Pb Ratio0.798+12%0.7040.7040%0.786-10%1.200-41%1.495-53%
Pe Ratio9.478+12%8.3718.3710%7.017+19%-11.329+235%-0.162+102%
Price Per Share1.370+12%1.2101.2100%1.315-8%1.863-35%1.977-39%
Price To Free Cash Flow Ratio13.371+12%11.81011.8100%10.604+11%1.493+691%63.248-81%
Price To Total Gains Ratio9.478+12%8.3718.3710%5.069+65%-11.343+236%-1.030+112%
Quick Ratio--1.0371.0370%0.538+93%1.233-16%0.940+10%
Return On Assets--0.0810.0810%0.102-21%0.175-54%0.156-49%
Return On Equity--0.0840.0840%0.112-25%0.213-61%0.191-56%
Total Gains Per Share--0.1450.1450%0.259-44%0.360-60%0.302-52%
Usd Book Value--63724058.47363724058.4730%62071224.204+3%60345778.378+6%52637465.131+21%
Usd Book Value Change Per Share--0.0290.0290%0.104-72%0.006+349%0.066-56%
Usd Book Value Per Share--1.1201.1200%1.091+3%1.029+9%0.887+26%
Usd Dividend Per Share--0.0650.0650%0.0650%0.228-71%0.131-50%
Usd Eps--0.0940.0940%0.122-23%0.219-57%0.179-47%
Usd Free Cash Flow--3801204.5403801204.5400%4600694.731-17%-4584423.237+221%-1582274.065+142%
Usd Free Cash Flow Per Share--0.0670.0670%0.081-17%-0.074+211%-0.025+138%
Usd Free Cash Flow To Equity Per Share--0.0000.0000%0.009-106%-0.323+65454%-0.158+31889%
Usd Market Cap50827294.276+12%44891259.90844891259.9080%48786782.462-8%71909277.793-38%77066598.335-42%
Usd Price Per Share0.894+12%0.7890.7890%0.858-8%1.215-35%1.290-39%
Usd Profit--5362853.1405362853.1400%6952390.826-23%13037273.009-59%10627597.163-50%
Usd Revenue--19658153.10319658153.1030%20913021.751-6%24445517.829-20%22960163.476-14%
Usd Total Gains Per Share--0.0940.0940%0.169-44%0.235-60%0.197-52%
 EOD+4 -4MRQTTM+0 -0YOY+10 -245Y+19 -1710Y+18 -18

4.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-159.478
Price to Book Ratio (EOD)Between0-10.798
Net Profit Margin (MRQ)Greater than00.273
Operating Margin (MRQ)Greater than00.500
Quick Ratio (MRQ)Greater than11.037
Current Ratio (MRQ)Greater than136.143
Debt to Asset Ratio (MRQ)Less than10.043
Debt to Equity Ratio (MRQ)Less than10.045
Return on Equity (MRQ)Greater than0.150.084
Return on Assets (MRQ)Greater than0.050.081
Total9/10 (90.0%)

4.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5062.132
Ma 20Greater thanMa 501.320
Ma 50Greater thanMa 1001.315
Ma 100Greater thanMa 2001.319
OpenGreater thanClose1.370
Total3/5 (60.0%)



Latest Balance Sheet

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

Summary
Total Assets102,072
Total Liabilities4,381
Total Stockholder Equity97,691
 As reported
Total Liabilities 4,381
Total Stockholder Equity+ 97,691
Total Assets = 102,072

Assets

Total Assets102,072
Total Current Assets79,565
Long-term Assets22,508
Total Current Assets
Cash And Cash Equivalents 2,159
Net Receivables 123
Inventory 77,207
Other Current Assets 75
Total Current Assets  (as reported)79,565
Total Current Assets  (calculated)79,565
+/-0
Long-term Assets
Property Plant Equipment 19,693
Long Term Investments 219
Long-term Assets Other 2,327
Long-term Assets  (as reported)22,508
Long-term Assets  (calculated)22,240
+/- 268

Liabilities & Shareholders' Equity

Total Current Liabilities2,201
Long-term Liabilities2,179
Total Stockholder Equity97,691
Total Current Liabilities
Short-term Debt 11
Accounts payable 1,752
Other Current Liabilities 179
Total Current Liabilities  (as reported)2,201
Total Current Liabilities  (calculated)1,942
+/- 260
Long-term Liabilities
Other Liabilities 2,179
Long-term Liabilities  (as reported)2,179
Long-term Liabilities  (calculated)2,179
+/-0
Total Stockholder Equity
Common Stock11,707
Retained Earnings 85,984
Total Stockholder Equity (as reported)97,691
Total Stockholder Equity (calculated)97,691
+/-0
Other
Capital Stock11,707
Cash and Short Term Investments 2,159
Common Stock Shares Outstanding 56,876
Current Deferred Revenue260
Liabilities and Stockholders Equity 102,072
Net Debt -2,148
Net Invested Capital 97,691
Net Tangible Assets 97,691
Net Working Capital 77,363
Property Plant and Equipment Gross 75,616
Short Long Term Debt Total 11



Balance Sheet

Currency in AUD. All numbers in thousands.

 Trend2023-06-302022-06-302021-06-302020-06-302019-06-302018-06-302017-06-302016-06-302015-06-302014-06-302013-06-302012-06-302011-06-302010-06-302009-06-302008-06-302007-06-302006-06-302005-06-302004-06-302003-06-302002-06-302001-06-302000-06-301999-06-301998-06-301997-06-301996-06-301995-06-301994-06-301993-06-301992-06-301991-06-301990-06-301989-06-30
> Total Assets 
10,647
10,890
7,587
5,147
4,425
3,845
3,522
3,444
3,131
2,651
3,057
3,130
4,072
9,775
9,649
11,117
12,839
19,678
20,489
21,075
23,362
31,727
38,825
46,072
52,457
52,422
59,798
81,830
101,718
120,810
120,906
94,286
101,455
104,668
102,072
102,072104,668101,45594,286120,906120,810101,71881,83059,79852,42252,45746,07238,82531,72723,36221,07520,48919,67812,83911,1179,6499,7754,0723,1303,0572,6513,1313,4443,5223,8454,4255,1477,58710,89010,647
   > Total Current Assets 
1,009
232
2,652
2,141
1,498
555
861
686
520
276
676
803
1,551
5,720
7,324
10,050
3,483
5,558
3,810
4,236
5,899
11,830
15,473
20,650
26,979
25,244
28,950
38,288
45,659
48,219
94,454
65,426
73,490
77,302
79,565
79,56577,30273,49065,42694,45448,21945,65938,28828,95025,24426,97920,65015,47311,8305,8994,2363,8105,5583,48310,0507,3245,7201,5518036762765206868615551,4982,1412,6522321,009
       Cash And Cash Equivalents 
413
34
2,552
2,079
18
553
72
5
1
46
117
8
528
1,389
2,582
4,745
3,335
2,149
1,434
2,712
2,358
3,508
2,625
1,685
2,055
2,879
2,412
3,752
3,984
2,364
50,751
5,631
1,353
2,161
2,159
2,1592,1611,3535,63150,7512,3643,9843,7522,4122,8792,0551,6852,6253,5082,3582,7121,4342,1493,3354,7452,5821,3895288117461572553182,0792,55234413
       Short-term Investments 
0
0
0
0
0
0
787
679
517
217
515
744
864
2,909
3,048
5,238
0
0
0
0
0
0
0
0
0
0
0
0
0
0
6,186
0
0
0
0
00006,186000000000000005,2383,0482,909864744515217517679787000000
       Net Receivables 
83
147
100
62
1,480
2
2
2
2
13
44
51
159
860
908
67
148
632
100
94
155
810
635
142
133
149
204
264
405
494
3,615
428
367
228
123
1232283674283,615494405264204149133142635810155941006321486790886015951441322221,4806210014783
       Inventory 
513
51
0
0
0
0
0
0
0
0
0
0
0
563
412
0
0
2,777
2,276
1,430
3,386
7,513
12,213
18,198
24,791
20,607
25,808
34,273
41,270
44,758
33,902
59,368
71,770
74,908
77,207
77,20774,90871,77059,36833,90244,75841,27034,27325,80820,60724,79118,19812,2137,5133,3861,4302,2762,777004125630000000000051513
   > Long-term Assets 
9,638
10,658
4,935
3,006
2,927
3,290
2,661
2,758
2,611
2,375
2,381
2,328
2,522
4,056
2,325
1,066
9,355
14,120
16,679
16,839
17,464
19,896
23,353
25,422
25,478
27,178
30,848
43,542
56,059
72,592
26,451
28,860
27,966
27,366
22,508
22,50827,36627,96628,86026,45172,59256,05943,54230,84827,17825,47825,42223,35319,89617,46416,83916,67914,1209,3551,0662,3254,0562,5222,3282,3812,3752,6112,7582,6613,2902,9273,0064,93510,6589,638
       Property Plant Equipment 
8,967
10,167
4,303
2,202
1,954
2,189
2,661
2,758
2,611
2,375
2,381
246
2,522
3,819
2,262
904
2,643
5,798
5,402
7,077
7,861
7,913
8,207
10,585
8,484
7,528
6,790
10,421
14,373
21,119
24,511
25,658
23,214
22,238
19,693
19,69322,23823,21425,65824,51121,11914,37310,4216,7907,5288,48410,5858,2077,9137,8617,0775,4025,7982,6439042,2623,8192,5222462,3812,3752,6112,7582,6612,1891,9542,2024,30310,1678,967
       Goodwill 
142
132
123
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000000000000000000123132142
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
16,000
18,989
23,231
31,570
40,224
49,463
150
316
377
365
219
21936537731615049,46340,22431,57023,23118,98916,000000000000000000000000000
       Long-term Assets Other 
529
359
509
804
973
1,101
0
0
2,245
2,044
2,121
2,082
0
237
0
0
0
0
0
0
0
0
0
0
791
0
0
43,542
56,059
72,592
26,451
1,040
1,869
2,198
2,327
2,3272,1981,8691,04026,45172,59256,05943,54200791000000000023702,0822,1212,0442,245001,101973804509359529
> Total Liabilities 
4,656
3,921
169
205
56
15
53
52
121
214
144
150
740
2,382
1,061
559
3,786
9,868
7,195
7,020
7,724
5,307
6,822
11,164
9,802
6,718
8,330
13,589
23,070
20,481
27,367
8,299
11,269
9,510
4,381
4,3819,51011,2698,29927,36720,48123,07013,5898,3306,7189,80211,1646,8225,3077,7247,0207,1959,8683,7865591,0612,382740150144214121525315562051693,9214,656
   > Total Current Liabilities 
1,128
1,676
169
205
56
15
53
52
121
214
144
150
740
2,343
816
125
488
8,687
2,210
5,720
7,159
3,675
3,104
6,910
6,977
3,156
3,639
5,669
12,292
5,859
22,729
4,373
6,385
4,443
2,201
2,2014,4436,3854,37322,7295,85912,2925,6693,6393,1566,9776,9103,1043,6757,1595,7202,2108,6874881258162,343740150144214121525315562051691,6761,128
       Short-term Debt 
0
0
0
0
0
0
787
679
517
217
515
744
864
2,909
12
13
22
8,008
193
4,673
5,419
673
0
3,250
1,750
0
0
351
347
749
912
1,116
613
205
11
112056131,116912749347351001,7503,25006735,4194,6731938,0082213122,909864744515217517679787000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,000
0
0
780
429
1,572
0
0
0
0
0
000001,572429780002,000000000000000000000000000
       Accounts payable 
0
0
0
0
0
0
0
0
0
0
0
22
18
625
737
46
448
533
878
994
1,683
2,906
2,131
3,199
3,264
3,106
3,256
3,070
5,252
4,977
4,680
3,130
2,343
2,240
1,752
1,7522,2402,3433,1304,6804,9775,2523,0703,2563,1063,2643,1992,1312,9061,68399487853344846737625182200000000000
       Other Current Liabilities 
101
92
118
177
0
0
-783
-679
-423
-16
-387
-616
-124
-1,190
67
67
18
146
1,139
53
58
96
973
461
1,963
50
383
2,248
6,693
134
17,136
81
470
307
179
1793074708117,1361346,6932,248383501,9634619739658531,139146186767-1,190-124-616-387-16-423-679-7830017711892101
   > Long-term Liabilities 
3,528
2,245
0
0
0
0
0
0
0
0
0
0
0
39
245
434
3,298
1,180
4,985
1,300
565
1,632
3,718
4,254
2,825
3,562
4,691
7,920
10,777
14,621
4,638
3,926
4,884
5,067
2,179
2,1795,0674,8843,9264,63814,62110,7777,9204,6913,5622,8254,2543,7181,6325651,3004,9851,1803,29843424539000000000002,2453,528
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
82
823
508
774
216
11
0
011216774508823820000000000000000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
3
219
413
273
273
339
341
319
327
345
353
355
520
4,868
7,491
10,695
16,662
4,130
3,152
4,668
5,055
2,179
2,1795,0554,6683,1524,13016,66210,6957,4914,86852035535334532731934133927327341321930000000000000
> Total Stockholder Equity
5,991
6,969
7,418
4,942
4,369
3,830
3,469
3,392
3,011
2,437
2,913
2,980
3,333
7,393
8,588
10,558
9,053
9,811
13,294
14,055
15,638
26,419
32,003
34,908
42,655
45,704
51,468
68,241
78,648
100,329
93,539
85,987
90,187
95,157
97,691
97,69195,15790,18785,98793,539100,32978,64868,24151,46845,70442,65534,90832,00326,41915,63814,05513,2949,8119,05310,5588,5887,3933,3332,9802,9132,4373,0113,3923,4693,8304,3694,9427,4186,9695,991
   Common Stock
6,024
7,762
7,762
3,619
3,619
3,630
3,630
3,675
3,789
3,789
4,977
4,977
6,602
11,019
10,994
10,994
11,454
11,454
11,454
11,454
11,454
17,578
17,573
17,573
17,573
17,573
16,694
16,694
16,694
16,694
16,694
16,694
11,707
11,707
11,707
11,70711,70711,70716,69416,69416,69416,69416,69416,69417,57317,57317,57317,57317,57811,45411,45411,45411,45411,45410,99410,99411,0196,6024,9774,9773,7893,7893,6753,6303,6303,6193,6197,7627,7626,024
   Retained Earnings 
-3,447
-4,166
-3,717
-993
-1,566
-2,116
-2,477
-2,599
-3,094
-3,668
-3,391
-3,324
-4,597
-4,952
-3,732
-1,763
-3,728
-4,109
-1,334
821
1,921
6,088
12,184
15,374
22,930
25,870
33,872
50,321
60,828
83,055
76,844
69,293
78,480
83,450
85,984
85,98483,45078,48069,29376,84483,05560,82850,32133,87225,87022,93015,37412,1846,0881,921821-1,334-4,109-3,728-1,763-3,732-4,952-4,597-3,324-3,391-3,668-3,094-2,599-2,477-2,116-1,566-993-3,717-4,166-3,447
   Capital Surplus 00000000000000000000000000000000000
   Treasury Stock00000000000000000000000000000000000
   Other Stockholders Equity 
3,414
3,373
3,373
2,316
2,518
2,565
2,617
2,665
2,713
2,731
1,645
1,659
1,672
1,679
0
0
0
0
0
0
0
0
0
0
0
0
902
1,225
1,126
581
41,768
0
-90,187
-95,157
-97,691
-97,691-95,157-90,187041,7685811,1261,2259020000000000001,6791,6721,6591,6452,7312,7132,6652,6172,5652,5182,3163,3733,3733,414



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 (+$)
totalRevenue30,137
Cost of Revenue-12,991
Gross Profit17,14517,145
 
Operating Income (+$)
Gross Profit17,145
Operating Expense-2,091
Operating Income15,05515,055
 
Operating Expense (+$)
Research Development0
Selling General Administrative862
Selling And Marketing Expenses1,237
Operating Expense2,0912,099
 
Net Interest Income (+$)
Interest Income57
Interest Expense-8
Other Finance Cost-0
Net Interest Income49
 
Pretax Income (+$)
Operating Income15,055
Net Interest Income49
Other Non-Operating Income Expenses0
Income Before Tax (EBT)11,98418,125
EBIT - interestExpense = 15,046
11,984
8,230
Interest Expense8
Earnings Before Interest and Taxes (EBIT)15,05511,992
Earnings Before Interest and Taxes (EBITDA)17,875
 
After tax Income (+$)
Income Before Tax11,984
Tax Provision-3,762
Net Income From Continuing Ops8,2218,221
Net Income8,221
Net Income Applicable To Common Shares8,221
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses15,082
Total Other Income/Expenses Net-3,071-49
 

Technical Analysis of Rand Mining Ltd
The psychology behind the price

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

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Rand Mining Ltd. The general trend of Rand Mining Ltd is BULLISH with 71.4% 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 Rand Mining Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator zone transitionsBullish trend (71.4%) Bearish trend (-71.4%)
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 Rand Mining Ltd.

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

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

The bullish price targets are: 1.37 < 1.37 < 1.37.

The bearish price targets are: 1.25 > 1.25 > 1.25.

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Rand Mining 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 Rand Mining Ltd. The current mas is .

The long score for the Moving Averages is 12/14.
The longshort score for the Moving Averages is 10/(-14 +14).

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

Directionalities and relatives.

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

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

Rand Mining 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 Rand Mining Ltd. The current macd is 0.02112227.

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

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Rand Mining Ltd price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Rand Mining Ltd. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Rand Mining Ltd price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Rand Mining Ltd Daily Moving Average Convergence/Divergence (MACD) ChartRand Mining 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 Rand Mining Ltd. The current adx is 31.08.

The long score for the Directional Movement Index (DMI) is 3/7.
The longshort score for the Directional Movement Index (DMI) is 3/(-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 Rand Mining Ltd shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bullish trend. The ADX is declining, the bullish trend is weakening. Could be a potential reversal to the downside. +2
Rand Mining 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 Rand Mining Ltd. The current sar is 1.29995346.

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
Rand Mining 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 Rand Mining Ltd. The current rsi is 62.13. The current phase is Continuation in bull 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).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
Rand Mining Ltd Daily Relative Strength Index (RSI) ChartRand Mining 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 Rand Mining Ltd. The current phase is Overbought in bull 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 above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line < STOCH %D line: The STOCH %K line is 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 Rand Mining Ltd price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Rand Mining Ltd Daily Stochastic Oscillator ChartRand Mining 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 Rand Mining Ltd. The current cci is 65.99.

Rand Mining Ltd Daily Commodity Channel Index (CCI) ChartRand Mining 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 Rand Mining Ltd. The current cmo is 26.85.

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
Rand Mining Ltd Daily Chande Momentum Oscillator (CMO) ChartRand Mining 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 Rand Mining Ltd. The current willr is 0.

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

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Rand Mining Ltd Daily Williams %R ChartRand Mining 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 Rand Mining Ltd.

Rand Mining 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 Rand Mining Ltd. The current atr is 0.01494542.

Rand Mining Ltd Daily Average True Range (ATR) ChartRand Mining 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 Rand Mining Ltd. The current obv is -54,876.

Rand Mining Ltd Daily On-Balance Volume (OBV) ChartRand Mining 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 Rand Mining Ltd. The current mfi is 77.10.

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
Rand Mining Ltd Daily Money Flow Index (MFI) ChartRand Mining Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

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

6.3. Candlestick Patterns

Rand Mining Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5062.132
Ma 20Greater thanMa 501.320
Ma 50Greater thanMa 1001.315
Ma 100Greater thanMa 2001.319
OpenGreater thanClose1.370
Total3/5 (60.0%)
Penke

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