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Riverside Resources Inc
Buy, Hold or Sell?

Let's analyse Riverside Resources Inc together

PenkeI guess you are interested in Riverside Resources 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 Riverside Resources 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 Riverside Resources Inc (30 sec.)










What can you expect buying and holding a share of Riverside Resources 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$0.18
Expected worth in 1 year
C$0.18
How sure are you?
56.7%

+ What do you gain per year?

Total Gains per Share
C$0.01
Return On Investment
6.1%

For what price can you sell your share?

Current Price per Share
C$0.13
Expected price per share
C$0.12 - C$0.14
How sure are you?
50%

1. Valuation of Riverside Resources Inc (5 min.)




Live pricePrice per Share (EOD)

C$0.13

Intrinsic Value Per Share

C$-0.21 - C$-0.24

Total Value Per Share

C$-0.03 - C$-0.06

2. Growth of Riverside Resources Inc (5 min.)




Is Riverside Resources Inc growing?

Current yearPrevious yearGrowGrow %
How rich?$9.7m$8.8m$1m10.5%

How much money is Riverside Resources Inc making?

Current yearPrevious yearGrowGrow %
Making money-$156.3k-$37.2k-$119.1k-76.2%
Net Profit Margin0.0%0.0%--

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

3. Financial Health of Riverside Resources Inc (5 min.)




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




  Industry Rankings (Other Precious Metals & Mining)  


Richest
#84 / 229

Most Revenue
#213 / 229

Most Profit
#67 / 229

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

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

What can you expect buying and holding a share of Riverside Resources Inc?

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

Speculation

The Price per Share of Riverside Resources Inc is C$0.125. 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 Riverside Resources 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 Riverside Resources 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$0.18. Based on the TTM, the Book Value Change Per Share is C$0.00 per quarter. Based on the YOY, the Book Value Change Per Share is C$0.01 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is C$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Riverside Resources 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 Eps0.00-3.0%0.00-2.0%0.00-0.4%0.000.3%0.00-0.1%
Usd Book Value Change Per Share0.00-2.8%0.001.1%0.003.1%0.001.7%0.003.5%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.00-2.8%0.001.1%0.003.1%0.001.7%0.003.5%
Usd Price Per Share0.10-0.10-0.10-0.13-0.17-
Price to Earnings Ratio-6.28--13.02--88.26--6.38--8.12-
Price-to-Total Gains Ratio-27.42--8.32-57.44--215.46--163.99-
Price to Book Ratio0.74-0.75-0.89-1.18-1.73-
Price-to-Total Gains Ratio-27.42--8.32-57.44--215.46--163.99-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.0920375
Number of shares10865
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.000.00
Usd Total Gains Per Share0.000.00
Gains per Quarter (10865 shares)15.2322.86
Gains per Year (10865 shares)60.9291.46
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10615109181
201221120183172
301831730274263
402442340366354
503052950457445
603663560549536
704264170640627
804874780732718
905485390823809
1006096000915900

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%4.08.00.033.3%10.010.00.050.0%13.017.00.043.3%13.017.00.043.3%
Book Value Change Per Share2.02.00.050.0%9.03.00.075.0%13.07.00.065.0%17.013.00.056.7%17.013.00.056.7%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.020.00.0%0.00.030.00.0%0.00.030.00.0%
Total Gains per Share2.02.00.050.0%9.03.00.075.0%13.07.00.065.0%17.013.00.056.7%17.013.00.056.7%

Fundamentals of Riverside Resources Inc

About Riverside Resources Inc

Riverside Resources Inc. engages in the acquisition, exploration, and evaluation of assets in Canada, the United States, and Mexico. It primarily explores for gold, silver, rare earth elements (REE), and copper deposits. The company holds 100% interests in the Oakes Gold project covering an area of approximately 5,600 hectares; the Pichette comprises 1,650 hectares; and the Longrose and Vincent projects in located northwestern Ontario, Canada, as well as Duc project covering an area of approximately 600 hectares located in Ontario, Canada; and the Revel project includes 1,100 hectares located in the north of Revelstoke, British Columbia. It also holds 100% interests in the La Silla property, the Ariel property, the Teco project, the Cecilia property, the Australia project, the Suaqui Verde property, and the La Union property located in Mexico. In addition, the company has an option agreement to acquire 100% interests in the Elly-Anika and Chilco projects; the Deer Park and Sunrise projects located in British Columbia, Canada; and the Los Cuarentas property located in northern Sonora, Mexico. Riverside Resources Inc. was incorporated in 2006 and is headquartered in Vancouver, Canada.

Fundamental data was last updated by Penke on 2024-03-12 18:02:02.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
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 Riverside Resources Inc.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Riverside Resources Inc earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Riverside Resources Inc to the Other Precious Metals & Mining industry mean.
  • A Net Profit Margin of 0.0% means that $0.00 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Riverside Resources 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 Precious Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ--126.5%+126.5%
TTM--86.0%+86.0%
YOY--59.5%+59.5%
5Y--215.9%+215.9%
10Y--255.2%+255.2%
1.1.2. Return on Assets

Shows how efficient Riverside Resources Inc is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Riverside Resources Inc to the Other Precious Metals & Mining industry mean.
  • -2.6% Return on Assets means that Riverside Resources Inc generated $-0.03 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Riverside Resources Inc:

  • The MRQ is -2.6%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -1.4%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-2.6%TTM-1.4%-1.2%
TTM-1.4%YOY-0.3%-1.1%
TTM-1.4%5Y0.4%-1.8%
5Y0.4%10Y0.0%+0.4%
Compared to industry (Other Precious Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-2.6%-7.8%+5.2%
TTM-1.4%-10.5%+9.1%
YOY-0.3%-8.6%+8.3%
5Y0.4%-11.8%+12.2%
10Y0.0%-13.4%+13.4%
1.1.3. Return on Equity

Shows how efficient Riverside Resources Inc is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Riverside Resources Inc to the Other Precious Metals & Mining industry mean.
  • -2.9% Return on Equity means Riverside Resources Inc generated $-0.03 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Riverside Resources Inc:

  • The MRQ is -2.9%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -1.6%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-2.9%TTM-1.6%-1.3%
TTM-1.6%YOY-0.4%-1.1%
TTM-1.6%5Y0.4%-2.0%
5Y0.4%10Y-0.4%+0.9%
Compared to industry (Other Precious Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-2.9%-7.7%+4.8%
TTM-1.6%-9.3%+7.7%
YOY-0.4%-9.1%+8.7%
5Y0.4%-13.3%+13.7%
10Y-0.4%-14.8%+14.4%

1.2. Operating Efficiency of Riverside Resources Inc.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Riverside Resources Inc is operating .

  • Measures how much profit Riverside Resources 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 Riverside Resources Inc to the Other Precious Metals & Mining industry mean.
  • An Operating Margin of 0.0% means the company generated $0.00  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Riverside Resources 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 Precious Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ--549.1%+549.1%
TTM--93.6%+93.6%
YOY--86.1%+86.1%
5Y--213.7%+213.7%
10Y--271.1%+271.1%
1.2.2. Operating Ratio

Measures how efficient Riverside Resources Inc is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Other Precious Metals & Mining industry mean).
  • An Operation Ratio of 0.00 means that the operating costs are $0.00 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Riverside Resources 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 Precious Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.983-1.983
TTM-1.797-1.797
YOY-1.921-1.921
5Y-3.147-3.147
10Y-3.409-3.409

1.3. Liquidity of Riverside Resources Inc.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Riverside Resources Inc is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Other Precious Metals & Mining industry mean).
  • A Current Ratio of 5.26 means the company has $5.26 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Riverside Resources Inc:

  • The MRQ is 5.263. The company is very able to pay all its short-term debts. +2
  • The TTM is 4.946. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ5.263TTM4.946+0.317
TTM4.946YOY2.295+2.651
TTM4.9465Y5.867-0.920
5Y5.86710Y13.941-8.075
Compared to industry (Other Precious Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ5.2632.340+2.923
TTM4.9462.840+2.106
YOY2.2954.144-1.849
5Y5.8675.866+0.001
10Y13.9415.911+8.030
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Riverside Resources Inc to the Other Precious Metals & Mining industry mean.
  • A Quick Ratio of 0.06 means the company can pay off $0.06 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Riverside Resources Inc:

  • The MRQ is 0.056. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.142. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.056TTM0.142-0.087
TTM0.142YOY0.103+0.039
TTM0.1425Y1.578-1.436
5Y1.57810Y4.434-2.856
Compared to industry (Other Precious Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0560.754-0.698
TTM0.1420.670-0.528
YOY0.1031.133-1.030
5Y1.5781.142+0.436
10Y4.4341.449+2.985

1.4. Solvency of Riverside Resources Inc.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Riverside Resources Inc assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Riverside Resources Inc to Other Precious Metals & Mining industry mean.
  • A Debt to Asset Ratio of 0.10 means that Riverside Resources Inc assets are financed with 9.5% credit (debt) and the remaining percentage (100% - 9.5%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Riverside Resources Inc:

  • The MRQ is 0.095. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.114. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.095TTM0.114-0.019
TTM0.114YOY0.250-0.136
TTM0.1145Y0.174-0.060
5Y0.17410Y0.131+0.043
Compared to industry (Other Precious Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0950.119-0.024
TTM0.1140.129-0.015
YOY0.2500.107+0.143
5Y0.1740.184-0.010
10Y0.1310.228-0.097
1.4.2. Debt to Equity Ratio

Measures if Riverside Resources Inc is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Riverside Resources Inc to the Other Precious Metals & Mining industry mean.
  • A Debt to Equity ratio of 10.5% means that company has $0.11 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Riverside Resources Inc:

  • The MRQ is 0.105. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.129. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.105TTM0.129-0.023
TTM0.129YOY0.335-0.206
TTM0.1295Y0.219-0.091
5Y0.21910Y0.158+0.061
Compared to industry (Other Precious Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1050.112-0.007
TTM0.1290.119+0.010
YOY0.3350.113+0.222
5Y0.2190.166+0.053
10Y0.1580.191-0.033

2. Market Valuation of Riverside Resources 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 Riverside Resources Inc generates.

  • Above 15 is considered overpriced but always compare Riverside Resources Inc to the Other Precious Metals & Mining industry mean.
  • A PE ratio of -6.28 means the investor is paying $-6.28 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Riverside Resources Inc:

  • The EOD is -6.040. Based on the earnings, the company is expensive. -2
  • The MRQ is -6.282. Based on the earnings, the company is expensive. -2
  • The TTM is -13.024. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-6.040MRQ-6.282+0.242
MRQ-6.282TTM-13.024+6.742
TTM-13.024YOY-88.263+75.239
TTM-13.0245Y-6.377-6.647
5Y-6.37710Y-8.118+1.740
Compared to industry (Other Precious Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-6.040-4.173-1.867
MRQ-6.282-5.472-0.810
TTM-13.024-6.224-6.800
YOY-88.263-9.351-78.912
5Y-6.377-9.607+3.230
10Y-8.118-9.819+1.701
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -3.733. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -3.882. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -5.318. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-3.733MRQ-3.882+0.149
MRQ-3.882TTM-5.318+1.436
TTM-5.318YOY-5.999+0.681
TTM-5.3185Y-9.072+3.754
5Y-9.07210Y-2.293-6.779
Compared to industry (Other Precious Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-3.733-3.850+0.117
MRQ-3.882-5.216+1.334
TTM-5.318-5.606+0.288
YOY-5.999-8.012+2.013
5Y-9.072-10.374+1.302
10Y-2.293-9.301+7.008
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Other Precious Metals & Mining industry mean).
  • A PB ratio of 0.74 means the investor is paying $0.74 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Riverside Resources Inc:

  • The EOD is 0.708. Based on the equity, the company is cheap. +2
  • The MRQ is 0.736. Based on the equity, the company is cheap. +2
  • The TTM is 0.753. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.708MRQ0.736-0.028
MRQ0.736TTM0.753-0.017
TTM0.753YOY0.892-0.139
TTM0.7535Y1.175-0.423
5Y1.17510Y1.735-0.559
Compared to industry (Other Precious Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD0.7080.964-0.256
MRQ0.7361.188-0.452
TTM0.7531.360-0.607
YOY0.8922.185-1.293
5Y1.1752.185-1.010
10Y1.7352.197-0.462
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Riverside Resources 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---0.0050.002-349%0.005-190%0.003-266%0.006-181%
Book Value Per Share--0.1770.179-2%0.161+10%0.154+15%0.143+24%
Current Ratio--5.2634.946+6%2.295+129%5.867-10%13.941-62%
Debt To Asset Ratio--0.0950.114-16%0.250-62%0.174-45%0.131-27%
Debt To Equity Ratio--0.1050.129-18%0.335-69%0.219-52%0.158-33%
Dividend Per Share----0%-0%-0%-0%
Eps---0.005-0.003-35%-0.001-87%0.001-1117%0.000-98%
Free Cash Flow Per Share---0.008-0.007-17%-0.007-17%-0.007-16%-0.008-5%
Free Cash Flow To Equity Per Share---0.008-0.007-17%-0.005-46%-0.003-60%0.001-891%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---0.238--------
Intrinsic Value_10Y_min---0.208--------
Intrinsic Value_1Y_max---0.026--------
Intrinsic Value_1Y_min---0.026--------
Intrinsic Value_3Y_max---0.076--------
Intrinsic Value_3Y_min---0.073--------
Intrinsic Value_5Y_max---0.125--------
Intrinsic Value_5Y_min---0.116--------
Market Cap9347938.000-4%9721855.52010095773.040-4%10656649.320-9%13049721.448-26%16901071.904-42%
Net Profit Margin----0%-0%-0%-0%
Operating Margin----0%-0%-0%-0%
Operating Ratio----0%-0%-0%-0%
Pb Ratio0.708-4%0.7360.753-2%0.892-17%1.175-37%1.735-58%
Pe Ratio-6.040+4%-6.282-13.024+107%-88.263+1305%-6.377+2%-8.118+29%
Price Per Share0.125-4%0.1300.135-4%0.143-9%0.175-26%0.226-42%
Price To Free Cash Flow Ratio-3.733+4%-3.882-5.318+37%-5.999+55%-9.072+134%-2.293-41%
Price To Total Gains Ratio-26.369+4%-27.424-8.319-70%57.439-148%-215.459+686%-163.985+498%
Quick Ratio--0.0560.142-61%0.103-46%1.578-96%4.434-99%
Return On Assets---0.026-0.014-46%-0.003-88%0.004-740%0.000-100%
Return On Equity---0.029-0.016-46%-0.004-85%0.004-765%-0.004-85%
Total Gains Per Share---0.0050.002-349%0.005-190%0.003-266%0.006-181%
Usd Book Value--9726336.7169876340.722-2%8842976.622+10%8489872.802+15%7860785.727+24%
Usd Book Value Change Per Share---0.0030.001-349%0.004-190%0.002-266%0.004-181%
Usd Book Value Per Share--0.1300.132-2%0.118+10%0.114+15%0.105+24%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.004-0.002-35%0.000-87%0.000-1117%0.000-98%
Usd Free Cash Flow---460984.913-384417.996-17%-382668.179-17%-385426.138-16%-437720.017-5%
Usd Free Cash Flow Per Share---0.006-0.005-17%-0.005-17%-0.005-16%-0.006-5%
Usd Free Cash Flow To Equity Per Share---0.006-0.005-17%-0.003-46%-0.002-60%0.001-891%
Usd Market Cap6882886.749-4%7158202.2197433517.689-4%7846490.894-9%9608509.902-26%12444259.243-42%
Usd Price Per Share0.092-4%0.0960.099-4%0.105-9%0.128-26%0.166-42%
Usd Profit---284874.470-156385.702-45%-37284.759-87%33631.497-947%-2036.925-99%
Usd Revenue----0%-0%-0%-0%
Usd Total Gains Per Share---0.0030.001-349%0.004-190%0.002-266%0.004-181%
 EOD+3 -5MRQTTM+5 -24YOY+8 -215Y+8 -2110Y+9 -20

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-6.040
Price to Book Ratio (EOD)Between0-10.708
Net Profit Margin (MRQ)Greater than00.000
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.056
Current Ratio (MRQ)Greater than15.263
Debt to Asset Ratio (MRQ)Less than10.095
Debt to Equity Ratio (MRQ)Less than10.105
Return on Equity (MRQ)Greater than0.15-0.029
Return on Assets (MRQ)Greater than0.05-0.026
Total4/10 (40.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5052.420
Ma 20Greater thanMa 500.124
Ma 50Greater thanMa 1000.117
Ma 100Greater thanMa 2000.121
OpenGreater thanClose0.125
Total2/5 (40.0%)



Latest Balance Sheet

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

Summary
Total Assets14,601
Total Liabilities1,391
Total Stockholder Equity13,210
 As reported
Total Liabilities 1,391
Total Stockholder Equity+ 13,210
Total Assets = 14,601

Assets

Total Assets14,601
Total Current Assets7,323
Long-term Assets7,278
Total Current Assets
Cash And Cash Equivalents 6,738
Short-term Investments 77
Other Current Assets 0
Total Current Assets  (as reported)7,323
Total Current Assets  (calculated)6,816
+/- 508
Long-term Assets
Property Plant Equipment 6,427
Long-term Assets  (as reported)7,278
Long-term Assets  (calculated)6,427
+/- 851

Liabilities & Shareholders' Equity

Total Current Liabilities1,391
Long-term Liabilities0
Total Stockholder Equity13,210
Total Current Liabilities
Accounts payable 106
Total Current Liabilities  (as reported)1,391
Total Current Liabilities  (calculated)106
+/- 1,286
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Total Stockholder Equity (as reported)13,210
Total Stockholder Equity (calculated)0
+/- 13,210
Other
Capital Stock26,018
Common Stock Shares Outstanding 74,448
Net Invested Capital 13,210
Net Working Capital 5,932
Property Plant and Equipment Gross 6,932



Balance Sheet

Currency in CAD. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-30
> Total Assets 
7,953
7,445
10,674
10,738
10,070
9,677
9,933
9,314
8,870
9,027
11,873
13,120
12,341
12,876
11,195
12,867
12,222
12,538
12,492
14,489
14,899
14,665
15,685
16,188
16,323
15,842
15,468
15,171
15,324
14,601
14,60115,32415,17115,46815,84216,32316,18815,68514,66514,89914,48912,49212,53812,22212,86711,19512,87612,34113,12011,8739,0278,8709,3149,9339,67710,07010,73810,6747,4457,953
   > Total Current Assets 
5,361
4,990
7,051
6,548
5,555
5,244
4,475
4,020
3,462
3,305
5,771
6,810
5,731
5,876
4,589
6,212
6,772
6,745
6,547
8,420
7,598
7,248
7,517
7,866
10,390
9,927
9,119
8,277
7,879
7,323
7,3237,8798,2779,1199,92710,3907,8667,5177,2487,5988,4206,5476,7456,7726,2124,5895,8765,7316,8105,7713,3053,4624,0204,4755,2445,5556,5487,0514,9905,361
       Cash And Cash Equivalents 
1,997
3,688
5,618
4,959
3,919
3,528
2,884
2,669
2,060
1,613
3,707
4,156
3,444
3,407
2,452
3,707
4,589
3,936
4,340
4,066
5,972
6,881
6,966
7,335
6,923
9,446
8,567
7,696
7,231
6,738
6,7387,2317,6968,5679,4466,9237,3356,9666,8815,9724,0664,3403,9364,5893,7072,4523,4073,4444,1563,7071,6132,0602,6692,8843,5283,9194,9595,6183,6881,997
       Short-term Investments 
1,694
956
1,009
1,068
1,105
1,162
959
810
809
1,074
1,533
2,045
1,698
1,895
1,541
1,863
1,463
1,901
1,222
3,169
1,401
158
311
247
130
166
152
167
181
77
771811671521661302473111581,4013,1691,2221,9011,4631,8631,5411,8951,6982,0451,5331,0748098109591,1621,1051,0681,0099561,694
       Net Receivables 
245
297
349
452
458
485
577
460
485
485
413
457
487
483
494
526
610
830
913
1,071
95
128
167
164
204
239
0
345
0
0
003450239204164167128951,071913830610526494483487457413485485460577485458452349297245
       Other Current Assets 
23
11
33
34
30
32
22
42
45
71
27
77
39
23
50
49
64
32
42
72
71
30
27
80
3,076
29
0
21
0
0
00210293,076802730717242326449502339772771454222323034331123
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
6,102
6,310
6,610
7,000
6,606
6,656
5,450
5,793
5,945
6,069
7,302
7,417
8,168
8,321
5,933
5,915
6,349
6,894
7,445
7,278
7,2787,4456,8946,3495,9155,9338,3218,1687,4177,3026,0695,9455,7935,4506,6566,6067,0006,6106,3106,1020000000000
       Property Plant Equipment 
0
2,430
3,598
4,165
4,490
4,408
5,451
5,294
5,407
5,721
6,102
6,310
6,610
7,000
6,606
6,656
5,450
5,793
5,945
6,069
6,324
6,454
7,183
7,309
4,840
5,219
5,587
6,092
6,619
6,427
6,4276,6196,0925,5875,2194,8407,3097,1836,4546,3246,0695,9455,7935,4506,6566,6067,0006,6106,3106,1025,7215,4075,2945,4514,4084,4904,1653,5982,4300
       Other Assets 
0
26
26
26
26
26
7
0
0
0
0
0
0
0
0
0
0
0
0
0
978
963
985
1,013
1,093
696
0
802
0
0
0080206961,0931,0139859639780000000000000726262626260
> Total Liabilities 
1,046
887
555
784
182
236
46
73
127
92
104
1,353
2,279
1,953
1,761
2,964
2,658
2,488
1,713
1,861
3,920
3,608
4,132
4,575
4,088
3,202
1,948
1,811
1,760
1,391
1,3911,7601,8111,9483,2024,0884,5754,1323,6083,9201,8611,7132,4882,6582,9641,7611,9532,2791,3531049212773462361827845558871,046
   > Total Current Liabilities 
1,046
887
555
784
182
236
46
73
127
92
104
1,353
2,279
1,953
1,761
2,964
2,626
2,455
1,680
1,861
3,920
3,608
4,132
4,575
4,088
3,202
1,948
1,543
1,760
1,391
1,3911,7601,5431,9483,2024,0884,5754,1323,6083,9201,8611,6802,4552,6262,9641,7611,9532,2791,3531049212773462361827845558871,046
       Accounts payable 
104
96
71
61
92
130
41
76
127
92
104
106
155
156
123
131
158
119
162
85
474
131
462
153
238
114
79
91
482
106
10648291791142381534621314748516211915813112315615510610492127764113092617196104
       Other Current Liabilities 
942
791
484
723
90
107
4
-3
0
0
0
1,247
2,124
1,797
1,638
2,833
2,468
2,337
1,518
1,776
3,446
3,477
3,670
4,422
3,850
3,088
0
1,452
0
0
001,45203,0883,8504,4223,6703,4773,4461,7761,5182,3372,4682,8331,6381,7972,1241,247000-3410790723484791942
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
32
33
34
0
0
0
0
0
0
0
0
268
0
0
00268000000003433320000000000000000
> Total Stockholder Equity
0
6,558
10,119
9,954
9,888
9,441
9,888
9,241
8,743
8,935
11,769
11,767
10,063
10,923
9,434
9,903
9,564
10,049
10,779
12,628
10,979
11,057
11,553
11,613
12,234
12,640
13,520
13,360
13,564
13,210
13,21013,56413,36013,52012,64012,23411,61311,55311,05710,97912,62810,77910,0499,5649,9039,43410,92310,06311,76711,7698,9358,7439,2419,8889,4419,8889,95410,1196,5580
   Common Stock
20,980
20,980
24,389
24,472
24,472
24,536
24,536
24,590
24,590
24,590
27,341
27,321
27,345
27,345
27,401
27,401
24,962
25,015
25,469
25,469
25,469
25,469
26,018
26,018
26,018
26,018
0
26,018
0
0
0026,018026,01826,01826,01826,01825,46925,46925,46925,46925,01524,96227,40127,40127,34527,34527,32127,34124,59024,59024,59024,53624,53624,47224,47224,38920,98020,980
   Retained Earnings -16,852-16,465-16,371-16,110-16,002-16,070-16,063-15,967-15,800-15,862-14,243-15,982-16,546-16,596-18,935-19,219-18,542-19,228-17,603-17,684-17,766-17,917-17,206-16,865-16,604-16,454-16,648-16,311-15,943-15,770
   Capital Surplus 000000000000000000000000000000
   Treasury Stock000000000000000000000000000000
   Other Stockholders Equity 
0
1,521
2,041
2,130
1,871
1,508
2,216
1,857
2,070
2,110
2,112
2,049
1,946
2,120
1,252
1,437
1,198
1,581
1,292
1,402
1,373
1,388
1,502
1,658
2,286
2,625
0
3,980
0
0
003,98002,6252,2861,6581,5021,3881,3731,4021,2921,5811,1981,4371,2522,1201,9462,0492,1122,1102,0701,8572,2161,5081,8712,1302,0411,5210



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, 2023-09-30)

Gross Profit (+$)
totalRevenue0
Cost of Revenue-55
Gross Profit-55-55
 
Operating Income (+$)
Gross Profit-55
Operating Expense-1,381
Operating Income-1,381-1,436
 
Operating Expense (+$)
Research Development0
Selling General Administrative1,015
Selling And Marketing Expenses0
Operating Expense1,3811,015
 
Net Interest Income (+$)
Interest Income274
Interest Expense-0
Other Finance Cost-0
Net Interest Income274
 
Pretax Income (+$)
Operating Income-1,381
Net Interest Income274
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-395-2,093
EBIT - interestExpense = 0
-395
-395
Interest Expense0
Earnings Before Interest and Taxes (EBIT)0-395
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax-395
Tax Provision-0
Net Income From Continuing Ops-395-395
Net Income-395
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net712-274
 

Technical Analysis of Riverside Resources 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 Riverside Resources Inc. The general trend of Riverside Resources Inc is BULLISH 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 Riverside Resources 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 Riverside Resources Inc.

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

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 0.14 < 0.14 < 0.14.

The bearish price targets are: 0.12 > 0.12 > 0.12.

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Riverside Resources 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 Riverside Resources Inc. The current mas is .

The long score for the Moving Averages is 8/14.
The longshort score for the Moving Averages is 2/(-14 +14).

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

Riverside Resources 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 Riverside Resources Inc. The current macd is 0.00403255.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-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 Riverside Resources Inc price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Riverside Resources 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 Riverside Resources 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
Riverside Resources Inc Daily Moving Average Convergence/Divergence (MACD) ChartRiverside Resources 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 Riverside Resources Inc. The current adx is 27.68.

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 Riverside Resources Inc 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
Riverside Resources 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 Riverside Resources Inc. The current sar is 0.12146196.

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
Riverside Resources 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 Riverside Resources Inc. The current rsi is 52.42. 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 2/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending down: The RSI is trending down. -1
Riverside Resources Inc Daily Relative Strength Index (RSI) ChartRiverside Resources 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 Riverside Resources Inc. The current phase is Correction in bull market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -3/(-6 +6).

  • 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 Riverside Resources Inc price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Riverside Resources Inc Daily Stochastic Oscillator ChartRiverside Resources 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 Riverside Resources Inc. The current cci is 16.62.

Riverside Resources Inc Daily Commodity Channel Index (CCI) ChartRiverside Resources 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 Riverside Resources Inc. The current cmo is 0.57235741.

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
Riverside Resources Inc Daily Chande Momentum Oscillator (CMO) ChartRiverside Resources 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 Riverside Resources Inc. The current willr is -50.

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

Riverside Resources 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 Riverside Resources Inc. The current atr is 0.00733578.

Riverside Resources Inc Daily Average True Range (ATR) ChartRiverside Resources 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 Riverside Resources Inc. The current obv is -1,618,700.

Riverside Resources Inc Daily On-Balance Volume (OBV) ChartRiverside Resources 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 Riverside Resources Inc. The current mfi is 19.87.

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

  • MFI < 50: -1
  • MFI < 20: -1
Riverside Resources Inc Daily Money Flow Index (MFI) ChartRiverside Resources Inc Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Riverside Resources 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
2023-11-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-09DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-11-10CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-13MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-14CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-16CMO 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
2023-11-17MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-20WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-21STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-28SAR 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).
2023-11-29MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-30STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-07CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-11MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-12CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-13STOCH 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).
2023-12-14SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-18CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR 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).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-20STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-27STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-28CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-03MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-05SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-08STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-10STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-11MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-12DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-01-15CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-25CCI 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).
2024-01-26ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-30STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-31STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-02MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-05CMO 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).
2024-02-06STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-12CCI 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).
2024-02-14ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-16MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-28CCI 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).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-29STOCH 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).
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-05DMI 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
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-06ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-07ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-08RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-11ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-21CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-22STOCH 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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-28STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside

6.3. Candlestick Patterns

Riverside Resources Inc Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5052.420
Ma 20Greater thanMa 500.124
Ma 50Greater thanMa 1000.117
Ma 100Greater thanMa 2000.121
OpenGreater thanClose0.125
Total2/5 (40.0%)
Penke

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