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Summit Minerals Ltd
Buy, Hold or Sell?

Let's analyse Summit Minerals Ltd together

PenkeI guess you are interested in Summit Minerals 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 Summit Minerals 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 Summit Minerals Ltd (30 sec.)










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

How much money do you get?

How much money do you get?
A$0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
A$0.10
Expected worth in 1 year
A$0.51
How sure are you?
57.1%

+ What do you gain per year?

Total Gains per Share
A$0.41
Return On Investment
356.3%

For what price can you sell your share?

Current Price per Share
A$0.12
Expected price per share
A$0.11 - A$0.125
How sure are you?
50%

1. Valuation of Summit Minerals Ltd (5 min.)




Live pricePrice per Share (EOD)

A$0.12

2. Growth of Summit Minerals Ltd (5 min.)




Is Summit Minerals Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$3.7m-$116.1k$3.8m103.1%

How much money is Summit Minerals Ltd making?

Current yearPrevious yearGrowGrow %
Making money-$619.2k-$1m$436.9k70.6%
Net Profit Margin-1,448.0%0.0%--

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

3. Financial Health of Summit Minerals Ltd (5 min.)




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




  Industry Rankings (Other Industrial Metals & Mining)  

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

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

What can you expect buying and holding a share of Summit Minerals Ltd?

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

Speculation

The Price per Share of Summit Minerals Ltd is A$0.115. 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 Summit Minerals 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 Summit Minerals 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$0.10. Based on the TTM, the Book Value Change Per Share is A$0.10 per quarter. Based on the YOY, the Book Value Change Per Share is A$0.44 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is A$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Summit Minerals 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 Eps-0.01-9.3%-0.01-9.3%-0.02-15.9%-0.01-12.6%-0.20-174.9%
Usd Book Value Change Per Share0.0757.5%0.0757.5%0.28246.1%0.17151.8%-0.04-32.9%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.0757.5%0.0757.5%0.28246.1%0.17151.8%-0.04-32.9%
Usd Price Per Share0.10-0.10-0.00-0.05-0.01-
Price to Earnings Ratio-9.34--9.34-0.00--4.67--1.33-
Price-to-Total Gains Ratio1.51-1.51-1.51-1.51-
Price to Book Ratio1.56-1.56-0.00-0.78-0.22-
Price-to-Total Gains Ratio1.51-1.51-1.51-1.51-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.074198
Number of shares13477
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.070.17
Usd Total Gains Per Share0.070.17
Gains per Quarter (13477 shares)890.712,352.09
Gains per Year (13477 shares)3,562.859,408.36
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1035633553094089398
207126711601881718806
30106891067902822528214
40142511424203763337622
50178141780504704247030
60213772136805645056438
70249402493106585965846
80285032849407526775254
90320663205708467584662
100356293562009408494070

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.01.00.00.0%0.02.00.00.0%0.02.00.00.0%0.07.00.00.0%0.07.07.00.0%
Book Value Change Per Share1.00.00.0100.0%2.00.00.0100.0%2.00.00.0100.0%4.03.00.057.1%9.05.00.064.3%
Dividend per Share0.00.01.00.0%0.00.02.00.0%0.00.02.00.0%0.00.07.00.0%0.00.014.00.0%
Total Gains per Share1.00.00.0100.0%2.00.00.0100.0%2.00.00.0100.0%4.03.00.057.1%9.05.00.064.3%

Fundamentals of Summit Minerals Ltd

About Summit Minerals Ltd

Summit Minerals Limited engages in the acquisition, exploration, and development of battery mineral projects in Australia. The company primarily explores for uranium, gold, antimony, and pegmatite lithium deposits. It holds 100% interests in the Stallion Rare Earth Element (REE) uranium project comprising one exploration tenement that covers an area of 18 square kilometers located in south-eastern Western Australia; the Windfall Antimony project, which includes one exploration tenement that covers an area of 234 square kilometers situated in north-east New South Wales; and the Phillips River Lithium project consisting of two granted exploration tenements covering an area of 42.6 square kilometers located in Western Australia. The company also holds 100% interests in the Northern Lithium REE project comprising two granted exploration tenements covering an area of 78 square kilometers located in Western Australia; and the Bridgetown Lithium project, which includes two granted exploration tenements located north and south of Bridgetown in Western Australia. Summit Minerals Limited was incorporated in 2021 and is headquartered in Mount Hawthorn, Australia.

Fundamental data was last updated by Penke on 2024-04-20 09:23:02.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
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
The company is operating very inefficient.
The company is inefficient 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 very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

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

1.1. Profitability of Summit Minerals Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Summit Minerals Ltd earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Summit Minerals Ltd to the Other Industrial Metals & Mining industry mean.
  • A Net Profit Margin of -1,448.0% means that $-14.48 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Summit Minerals Ltd:

  • The MRQ is -1,448.0%. The company is making a huge loss. -2
  • The TTM is -1,448.0%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-1,448.0%TTM-1,448.0%0.0%
TTM-1,448.0%YOY--1,448.0%
TTM-1,448.0%5Y-724.0%-724.0%
5Y-724.0%10Y-230.4%-493.6%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-1,448.0%-72.0%-1,376.0%
TTM-1,448.0%-85.6%-1,362.4%
YOY--69.1%+69.1%
5Y-724.0%-516.0%-208.0%
10Y-230.4%-960.8%+730.4%
1.1.2. Return on Assets

Shows how efficient Summit Minerals Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Summit Minerals Ltd to the Other Industrial Metals & Mining industry mean.
  • -15.7% Return on Assets means that Summit Minerals Ltd generated $-0.16 profit for each $1 in assets.

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

  • The MRQ is -15.7%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -15.7%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-15.7%TTM-15.7%0.0%
TTM-15.7%YOY-197.6%+181.9%
TTM-15.7%5Y-106.7%+90.9%
5Y-106.7%10Y-59.5%-47.1%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-15.7%-8.6%-7.1%
TTM-15.7%-8.6%-7.1%
YOY-197.6%-7.6%-190.0%
5Y-106.7%-12.7%-94.0%
10Y-59.5%-18.0%-41.5%
1.1.3. Return on Equity

Shows how efficient Summit Minerals Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Summit Minerals Ltd to the Other Industrial Metals & Mining industry mean.
  • -16.7% Return on Equity means Summit Minerals Ltd generated $-0.17 for each $1 the owners (shareholders) invested.

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

  • The MRQ is -16.7%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -16.7%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-16.7%TTM-16.7%0.0%
TTM-16.7%YOY--16.7%
TTM-16.7%5Y-8.4%-8.4%
5Y-8.4%10Y-90.1%+81.8%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-16.7%-9.3%-7.4%
TTM-16.7%-9.2%-7.5%
YOY--8.8%+8.8%
5Y-8.4%-13.3%+4.9%
10Y-90.1%-18.8%-71.3%

1.2. Operating Efficiency of Summit Minerals Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Summit Minerals Ltd is operating .

  • Measures how much profit Summit Minerals 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 Summit Minerals Ltd to the Other Industrial Metals & Mining industry mean.
  • An Operating Margin of -1,411.8% means the company generated $-14.12  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Summit Minerals Ltd:

  • The MRQ is -1,411.8%. The company is operating very inefficient. -2
  • The TTM is -1,411.8%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-1,411.8%TTM-1,411.8%0.0%
TTM-1,411.8%YOY--1,411.8%
TTM-1,411.8%5Y-705.9%-705.9%
5Y-705.9%10Y-213.9%-492.0%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-1,411.8%-423.9%-987.9%
TTM-1,411.8%-170.1%-1,241.7%
YOY--145.5%+145.5%
5Y-705.9%-589.4%-116.5%
10Y-213.9%-990.8%+776.9%
1.2.2. Operating Ratio

Measures how efficient Summit Minerals Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • An Operation Ratio of 15.48 means that the operating costs are $15.48 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Summit Minerals Ltd:

  • The MRQ is 15.480. The company is inefficient in keeping operating costs low. -1
  • The TTM is 15.480. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ15.480TTM15.4800.000
TTM15.480YOY-+15.480
TTM15.4805Y7.740+7.740
5Y7.74010Y2.911+4.829
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ15.4802.181+13.299
TTM15.4802.127+13.353
YOY-2.540-2.540
5Y7.7407.779-0.039
10Y2.91111.869-8.958

1.3. Liquidity of Summit Minerals Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Summit Minerals Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • A Current Ratio of 7.86 means the company has $7.86 in assets for each $1 in short-term debts.

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

  • The MRQ is 7.861. The company is very able to pay all its short-term debts. +2
  • The TTM is 7.861. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ7.861TTM7.8610.000
TTM7.861YOY0.822+7.039
TTM7.8615Y4.341+3.520
5Y4.34110Y2.150+2.191
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ7.8612.368+5.493
TTM7.8612.553+5.308
YOY0.8223.582-2.760
5Y4.3414.086+0.255
10Y2.1504.791-2.641
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Summit Minerals Ltd to the Other Industrial Metals & Mining industry mean.
  • A Quick Ratio of 7.08 means the company can pay off $7.08 for each $1 in debt (using most liquid assets).

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

  • The MRQ is 7.083. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 7.083. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ7.083TTM7.0830.000
TTM7.083YOY0.822+6.261
TTM7.0835Y3.952+3.131
5Y3.95210Y1.268+2.684
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ7.0831.067+6.016
TTM7.0831.132+5.951
YOY0.8221.402-0.580
5Y3.9521.861+2.091
10Y1.2682.258-0.990

1.4. Solvency of Summit Minerals Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Summit Minerals Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Summit Minerals Ltd to Other Industrial Metals & Mining industry mean.
  • A Debt to Asset Ratio of 0.06 means that Summit Minerals Ltd assets are financed with 5.8% credit (debt) and the remaining percentage (100% - 5.8%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.058. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.058. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.058TTM0.0580.000
TTM0.058YOY1.217-1.159
TTM0.0585Y0.638-0.580
5Y0.63810Y0.826-0.189
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0580.186-0.128
TTM0.0580.191-0.133
YOY1.2170.141+1.076
5Y0.6380.218+0.420
10Y0.8260.252+0.574
1.4.2. Debt to Equity Ratio

Measures if Summit Minerals Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Summit Minerals Ltd to the Other Industrial Metals & Mining industry mean.
  • A Debt to Equity ratio of 6.1% means that company has $0.06 debt for each $1 in shareholders equity.

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

  • The MRQ is 0.061. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.061. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.061TTM0.0610.000
TTM0.061YOY-+0.061
TTM0.0615Y0.031+0.031
5Y0.03110Y1.279-1.248
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0610.201-0.140
TTM0.0610.208-0.147
YOY-0.147-0.147
5Y0.0310.223-0.192
10Y1.2790.257+1.022

2. Market Valuation of Summit Minerals 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 Summit Minerals Ltd generates.

  • Above 15 is considered overpriced but always compare Summit Minerals Ltd to the Other Industrial Metals & Mining industry mean.
  • A PE ratio of -9.34 means the investor is paying $-9.34 for every $1 in earnings.

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

  • The EOD is -6.932. Based on the earnings, the company is expensive. -2
  • The MRQ is -9.343. Based on the earnings, the company is expensive. -2
  • The TTM is -9.343. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-6.932MRQ-9.343+2.411
MRQ-9.343TTM-9.3430.000
TTM-9.343YOY--9.343
TTM-9.3435Y-4.672-4.672
5Y-4.67210Y-1.335-3.337
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-6.932-3.921-3.011
MRQ-9.343-5.293-4.050
TTM-9.343-5.501-3.842
YOY--8.080+8.080
5Y-4.672-10.856+6.184
10Y-1.335-12.091+10.756
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -3.729. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -5.027. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -5.027. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-3.729MRQ-5.027+1.297
MRQ-5.027TTM-5.0270.000
TTM-5.027YOY--5.027
TTM-5.0275Y-2.513-2.513
5Y-2.51310Y-0.718-1.795
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-3.729-4.276+0.547
MRQ-5.027-5.622+0.595
TTM-5.027-6.015+0.988
YOY--8.028+8.028
5Y-2.513-12.144+9.631
10Y-0.718-13.743+13.025
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • A PB ratio of 1.56 means the investor is paying $1.56 for each $1 in book value.

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

  • The EOD is 1.158. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.561. Based on the equity, the company is underpriced. +1
  • The TTM is 1.561. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.158MRQ1.561-0.403
MRQ1.561TTM1.5610.000
TTM1.561YOY-+1.561
TTM1.5615Y0.780+0.780
5Y0.78010Y0.223+0.557
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD1.1581.190-0.032
MRQ1.5611.482+0.079
TTM1.5611.574-0.013
YOY-2.215-2.215
5Y0.7802.412-1.632
10Y0.2232.857-2.634
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Summit Minerals 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--0.1020.1020%0.439-77%0.270-62%-0.059+157%
Book Value Per Share--0.0990.0990%-0.003+103%0.048+106%0.111-11%
Current Ratio--7.8617.8610%0.822+857%4.341+81%2.150+266%
Debt To Asset Ratio--0.0580.0580%1.217-95%0.638-91%0.826-93%
Debt To Equity Ratio--0.0610.0610%-+100%0.031+100%1.279-95%
Dividend Per Share----0%-0%-0%-0%
Eps---0.017-0.0170%-0.028+71%-0.022+35%-0.312+1780%
Free Cash Flow Per Share---0.031-0.0310%-0.007-78%-0.019-39%-0.019-39%
Free Cash Flow To Equity Per Share--0.0250.0250%0.002+1150%0.013+85%0.013+85%
Gross Profit Margin--1.0001.0000%1.574-36%1.287-22%1.082-8%
Market Cap6653578.000-35%8967866.0008967866.0000%-+100%4483933.000+100%1281123.714+600%
Net Profit Margin---14.480-14.4800%--100%-7.240-50%-2.304-84%
Operating Margin---14.118-14.1180%--100%-7.059-50%-2.139-85%
Operating Ratio--15.48015.4800%-+100%7.740+100%2.911+432%
Pb Ratio1.158-35%1.5611.5610%-+100%0.780+100%0.223+600%
Pe Ratio-6.932+26%-9.343-9.3430%--100%-4.672-50%-1.335-86%
Price Per Share0.115-35%0.1550.1550%-+100%0.078+100%0.022+600%
Price To Free Cash Flow Ratio-3.729+26%-5.027-5.0270%--100%-2.513-50%-0.718-86%
Price To Total Gains Ratio1.123-35%1.5131.5130%--1.5130%1.5130%
Quick Ratio--7.0837.0830%0.822+762%3.952+79%1.268+459%
Return On Assets---0.157-0.1570%-1.976+1156%-1.067+578%-0.595+278%
Return On Equity---0.167-0.1670%--100%-0.084-50%-0.901+440%
Total Gains Per Share--0.1020.1020%0.439-77%0.270-62%-0.059+157%
Usd Book Value--3707753.4203707753.4200%-116105.676+103%1795823.872+106%4159855.106-11%
Usd Book Value Change Per Share--0.0660.0660%0.283-77%0.175-62%-0.038+157%
Usd Book Value Per Share--0.0640.0640%-0.002+103%0.031+106%0.072-11%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.011-0.0110%-0.018+71%-0.014+35%-0.201+1780%
Usd Free Cash Flow---1151083.900-1151083.9000%-257254.789-78%-704169.344-39%-201191.241-83%
Usd Free Cash Flow Per Share---0.020-0.0200%-0.004-78%-0.012-39%-0.012-39%
Usd Free Cash Flow To Equity Per Share--0.0160.0160%0.001+1150%0.009+85%0.009+85%
Usd Market Cap4292888.526-35%5786067.1435786067.1430%-+100%2893033.572+100%826581.020+600%
Usd Price Per Share0.074-35%0.1000.1000%-+100%0.050+100%0.014+600%
Usd Profit---619271.348-619271.3480%-1056244.016+71%-837757.682+35%-11639766.823+1780%
Usd Revenue--42767.72742767.7270%-+100%21383.864+100%6167677.504-99%
Usd Total Gains Per Share--0.0660.0660%0.283-77%0.175-62%-0.038+157%
 EOD+2 -6MRQTTM+0 -0YOY+18 -155Y+18 -1510Y+20 -13

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-6.932
Price to Book Ratio (EOD)Between0-11.158
Net Profit Margin (MRQ)Greater than0-14.480
Operating Margin (MRQ)Greater than0-14.118
Quick Ratio (MRQ)Greater than17.083
Current Ratio (MRQ)Greater than17.861
Debt to Asset Ratio (MRQ)Less than10.058
Debt to Equity Ratio (MRQ)Less than10.061
Return on Equity (MRQ)Greater than0.15-0.167
Return on Assets (MRQ)Greater than0.05-0.157
Total4/10 (40.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5077.019
Ma 20Greater thanMa 500.079
Ma 50Greater thanMa 1000.073
Ma 100Greater thanMa 2000.085
OpenGreater thanClose0.120
Total3/5 (60.0%)



Latest Balance Sheet

Balance Sheet of 2022-12-31. Currency in AUD. All numbers in thousands.

Summary
Total Assets6,100
Total Liabilities353
Total Stockholder Equity5,747
 As reported
Total Liabilities 353
Total Stockholder Equity+ 5,747
Total Assets = 6,100

Assets

Total Assets6,100
Total Current Assets2,775
Long-term Assets3,325
Total Current Assets
Cash And Cash Equivalents 2,461
Net Receivables 39
Inventory -39
Other Current Assets 314
Total Current Assets  (as reported)2,775
Total Current Assets  (calculated)2,775
+/-0
Long-term Assets
Property Plant Equipment 3,221
Long Term Investments 104
Long-term Assets  (as reported)3,325
Long-term Assets  (calculated)3,325
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities353
Long-term Liabilities0
Total Stockholder Equity5,747
Total Current Liabilities
Accounts payable 38
Other Current Liabilities 315
Total Current Liabilities  (as reported)353
Total Current Liabilities  (calculated)353
+/-0
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Common Stock6,084
Retained Earnings -1,915
Other Stockholders Equity 1,578
Total Stockholder Equity (as reported)5,747
Total Stockholder Equity (calculated)5,747
+/-0
Other
Capital Stock6,084
Cash And Equivalents2,461
Cash and Short Term Investments 2,461
Common Stock Shares Outstanding 31,967
Liabilities and Stockholders Equity 6,100
Net Debt -2,461
Net Invested Capital 5,747
Net Tangible Assets 5,747
Net Working Capital 2,422
Property Plant and Equipment Gross 3,221



Balance Sheet

Currency in AUD. All numbers in thousands.

 Trend2022-12-312021-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-31
> Total Assets 
362
6,503
6,636
11,626
16,495
16,662
37,394
48,527
92,694
69,413
63,130
53,715
828
6,100
6,10082853,71563,13069,41392,69448,52737,39416,66216,49511,6266,6366,503362
   > Total Current Assets 
0
0
0
0
0
0
0
5,827
31,724
13,678
16,859
14,819
828
2,775
2,77582814,81916,85913,67831,7245,8270000000
       Cash And Cash Equivalents 
216
4,103
575
3,399
4,248
1,570
7,812
4,127
26,527
890
2,500
2,105
801
2,461
2,4618012,1052,50089026,5274,1277,8121,5704,2483,3995754,103216
       Net Receivables 
50
7
21
129
202
367
622
1,655
1,512
5,836
7,521
3,365
28
39
39283,3657,5215,8361,5121,65562236720212921750
       Other Current Assets 
0
115
191
193
165
86
263
45
3,626
3,986
3,108
3,646
28
314
314283,6463,1083,9863,62645263861651931911150
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
3,325
3,3250000000000000
       Property Plant Equipment 
1
2,083
5,764
7,905
11,881
13,490
25,886
40,019
54,336
50,625
42,521
35,896
0
3,221
3,221035,89642,52150,62554,33640,01925,88613,49011,8817,9055,7642,0831
       Long Term Investments 
0
0
0
0
0
0
0
2,681
0
0
0
0
0
104
104000002,6810000000
       Other Assets 
0
0
0
0
0
0
0
0
6,693
5,110
3,750
3,000
0
0
003,0003,7505,1106,69300000000
> Total Liabilities 
133
305
1,654
465
997
1,508
7,933
12,432
47,993
61,219
87,001
79,269
1,008
353
3531,00879,26987,00161,21947,99312,4327,9331,5089974651,654305133
   > Total Current Liabilities 
133
305
1,655
465
997
1,508
7,933
11,831
7,514
16,815
39,582
35,544
1,008
353
3531,00835,54439,58216,8157,51411,8317,9331,5089974651,655305133
       Short-term Debt 
0
0
0
0
0
0
0
3,415
314
941
20,209
5,000
0
0
005,00020,2099413143,4150000000
       Short Long Term Debt 
0
0
0
0
0
0
0
3,415
314
941
20,209
5,000
0
0
005,00020,2099413143,4150000000
       Accounts payable 
39
74
135
148
337
177
274
6,892
1,863
4,712
12,009
16,264
245
38
3824516,26412,0094,7121,8636,8922741773371481357439
       Other Current Liabilities 
94
231
824
317
660
1,331
2,303
2,125
5,337
11,162
7,364
13,897
764
315
31576413,8977,36411,1625,3372,1252,3031,33166031782423194
   > Long-term Liabilities 00000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
8,022
2,106
1,551
2,365
0
0
002,3651,5512,1068,02200000000
> Total Stockholder Equity
230
6,190
4,971
11,151
15,487
15,154
29,461
36,095
44,701
8,194
-29,597
-25,554
-180
5,747
5,747-180-25,554-29,5978,19444,70136,09529,46115,15415,48711,1514,9716,190230
   Common Stock
220
644
652
1,275
1,539
1,906
4,401
6,800
9,547
11,436
11,472
4,897
300
6,084
6,0843004,89711,47211,4369,5476,8004,4011,9061,5391,275652644220
   Retained Earnings Total Equity00000000000000
   Accumulated Other Comprehensive Income 
0
0
0
0
0
0
0
0
0
0
0
0
0
1,578
1,5780000000000000
   Capital Surplus 00000000000000
   Treasury Stock00000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
1,417
4,163
9,170
400
-1,506
475
1,578
1,578475-1,5064009,1704,1631,4170000000



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, 2022-12-31)

Gross Profit (+$)
totalRevenue66
Cost of Revenue--
Gross Profit6666
 
Operating Income (+$)
Gross Profit66
Operating Expense-1,026
Operating Income-936-960
 
Operating Expense (+$)
Research Development-
Selling General Administrative858
Selling And Marketing Expenses-
Operating Expense1,026858
 
Net Interest Income (+$)
Interest Income24
Interest Expense--
Other Finance Cost-42
Net Interest Income66
 
Pretax Income (+$)
Operating Income-936
Net Interest Income66
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-960-912
EBIT - interestExpense = -936
-960
-960
Interest Expense-
Earnings Before Interest and Taxes (EBIT)-936-960
Earnings Before Interest and Taxes (EBITDA)-792
 
After tax Income (+$)
Income Before Tax-960
Tax Provision-0
Net Income From Continuing Ops-960-960
Net Income-960
Net Income Applicable To Common Shares-960
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses1,026
Total Other Income/Expenses Net-24-66
 

Technical Analysis of Summit Minerals 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 Summit Minerals Ltd. The general trend of Summit Minerals Ltd is NEUTRAL with 0.0% 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 Summit Minerals 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 (0.0%) Bearish trend (0.0%)
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 Summit Minerals Ltd.

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

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

The bullish price targets are: 0.125 < 0.125 < 0.125.

The bearish price targets are: 0.115 > 0.115 > 0.11.

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Summit Minerals 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 Summit Minerals Ltd. The current mas is .

The long score for the Moving Averages is 7/14.
The longshort score for the Moving Averages is 0/(-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 lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close > MA 200: The price is 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

Summit Minerals 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 Summit Minerals Ltd. The current macd is 0.00965138.

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 Summit Minerals 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 Summit Minerals 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 Summit Minerals 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
Summit Minerals Ltd Daily Moving Average Convergence/Divergence (MACD) ChartSummit Minerals 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 Summit Minerals Ltd. The current adx is 47.25.

The long score for the Directional Movement Index (DMI) is 4/7.
The longshort score for the Directional Movement Index (DMI) is 4/(-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 Summit Minerals Ltd shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bullish trend. The ADX is trending up, so the bullish trend is strengthening.
Summit Minerals 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 Summit Minerals Ltd. The current sar is 0.073284.

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
Summit Minerals 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 Summit Minerals Ltd. The current rsi is 77.02. The current phase is Overbought in neutral market.

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

  • Overbought in neutral market:
  • Trending up: The RSI is trending up. +1
Summit Minerals Ltd Daily Relative Strength Index (RSI) ChartSummit Minerals 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 Summit Minerals Ltd. The current phase is Correction in bear market.

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

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Summit Minerals Ltd price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Summit Minerals Ltd Daily Stochastic Oscillator ChartSummit Minerals 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 Summit Minerals Ltd. The current cci is 197.97.

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

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Summit Minerals Ltd Daily Commodity Channel Index (CCI) ChartSummit Minerals 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 Summit Minerals Ltd. The current cmo is 65.55.

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
Summit Minerals Ltd Daily Chande Momentum Oscillator (CMO) ChartSummit Minerals 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 Summit Minerals Ltd. The current willr is -31.64556962.

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 Summit Minerals Ltd is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Summit Minerals Ltd Daily Williams %R ChartSummit Minerals 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 Summit Minerals Ltd.

Summit Minerals 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 Summit Minerals Ltd. The current atr is 0.00765196.

Summit Minerals Ltd Daily Average True Range (ATR) ChartSummit Minerals 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 Summit Minerals Ltd. The current obv is 19,613,405.

Summit Minerals Ltd Daily On-Balance Volume (OBV) ChartSummit Minerals 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 Summit Minerals Ltd. The current mfi is 88.16.

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

  • MFI > 50: +1
  • MFI > 80: +1
Summit Minerals Ltd Daily Money Flow Index (MFI) ChartSummit Minerals Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Summit Minerals 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
2023-11-29STOCH 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).
2023-11-30CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-01STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-07DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-08STOCH 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
2023-12-11DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-13DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-14STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-20MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-21DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-22CCI 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).
2024-01-04MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-08STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-09STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-10STOCH 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).
2024-01-15DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-16DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-17MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-18CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-19STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-22SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-23DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-01-24MACD 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
2024-01-25BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-29RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-30STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-31RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-08MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-09STOCH 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).
2024-02-13STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-15DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-02-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-22DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-26STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-27STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-28STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-01CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-04STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-11CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-13MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-14STOCH 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
2024-03-15MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-18MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-19MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-21MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-25MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-04-02DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
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).
2024-04-03STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-04CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-04-05SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-08STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-10STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-11CCI 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).
2024-04-12STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-16STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-18STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-23BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside

6.3. Candlestick Patterns

Summit Minerals Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5077.019
Ma 20Greater thanMa 500.079
Ma 50Greater thanMa 1000.073
Ma 100Greater thanMa 2000.085
OpenGreater thanClose0.120
Total3/5 (60.0%)
Penke

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