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Silver Mines Ltd
Buy, Hold or Sell?

Let's analyse Silver Mines Ltd together

PenkeI guess you are interested in Silver Mines 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 Silver Mines 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 Silver Mines Ltd (30 sec.)










What can you expect buying and holding a share of Silver Mines 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?
30.0%

What is your share worth?

Current worth
A$0.09
Expected worth in 1 year
A$0.13
How sure are you?
70.0%

+ What do you gain per year?

Total Gains per Share
A$0.04
Return On Investment
22.2%

For what price can you sell your share?

Current Price per Share
A$0.17
Expected price per share
A$0.135 - A$0.18
How sure are you?
50%

1. Valuation of Silver Mines Ltd (5 min.)




Live pricePrice per Share (EOD)

A$0.17

Intrinsic Value Per Share

A$-0.20 - A$-0.15

Total Value Per Share

A$-0.12 - A$-0.06

2. Growth of Silver Mines Ltd (5 min.)




Is Silver Mines Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$82.1m$73.5m$8.6m10.5%

How much money is Silver Mines Ltd making?

Current yearPrevious yearGrowGrow %
Making money-$2.6m-$8.6m$5.9m223.5%
Net Profit Margin-2,387.1%-7,801.5%--

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

3. Financial Health of Silver Mines Ltd (5 min.)




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




  Industry Rankings (Silver)  


Richest
#10 / 26

Most Revenue
#12 / 26

Most Profit
#15 / 26

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

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

What can you expect buying and holding a share of Silver Mines Ltd?

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

Speculation

The Price per Share of Silver Mines Ltd is A$0.17. 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 Silver Mines 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 Silver Mines 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$0.09. Based on the TTM, the Book Value Change Per Share is A$0.01 per quarter. Based on the YOY, the Book Value Change Per Share is A$-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 A$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Silver Mines Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 A$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per Share
Usd Eps0.00-1.1%0.00-1.1%-0.01-3.6%0.00-1.0%0.00-1.0%
Usd Book Value Change Per Share0.013.6%0.013.6%0.00-1.9%0.013.8%0.013.1%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.001.6%0.000.8%
Usd Total Gains Per Share0.013.6%0.013.6%0.00-1.9%0.015.4%0.013.9%
Usd Price Per Share0.12-0.12-0.08-0.09-0.07-
Price to Earnings Ratio-61.49--61.49--13.73--17.96--24.09-
Price-to-Total Gains Ratio19.09-19.09--26.16-4.32-5.28-
Price to Book Ratio2.01-2.01-1.62-1.90-2.13-
Price-to-Total Gains Ratio19.09-19.09--26.16-4.32-5.28-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.110891
Number of shares9017
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.010.01
Usd Total Gains Per Share0.010.01
Gains per Quarter (9017 shares)55.4782.46
Gains per Year (9017 shares)221.88329.84
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1022221298232320
20444434196463650
30666656295695980
408888783939271310
501109110049111581640
601331132258913901970
701553154468716222300
801775176678618532630
901997198888420852960
1002219221098223163290

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%1.02.00.033.3%1.04.00.020.0%1.09.00.010.0%2.015.01.011.1%
Book Value Change Per Share1.00.00.0100.0%2.01.00.066.7%4.01.00.080.0%7.03.00.070.0%12.06.00.066.7%
Dividend per Share0.00.01.00.0%2.00.01.066.7%3.00.02.060.0%3.00.07.030.0%3.00.015.016.7%
Total Gains per Share1.00.00.0100.0%2.01.00.066.7%4.01.00.080.0%7.03.00.070.0%12.06.00.066.7%

Fundamentals of Silver Mines Ltd

About Silver Mines Ltd

Silver Mines Limited primarily engages in the acquisition, exploration, and development of silver projects in Australia. It operates through two segments, Mining and Exploration Operations, and Agricultural Operations. The company also explores for copper, gold, lead, zinc, and polymetallic deposits. Its properties include Bowdens Silver Project, which has silver and polymetallic located in the Central Tablelands Region, New South Wales; the Barabolar Project consists of copper, gold, and silver prospects located in the Macquarie Arc in New South Wales; and Tuena Project with gold and silver prospects, which is located 80 kilometers south of the city of Orange in New South Wales. The company was incorporated in 2004 and is based in Sydney, Australia.

Fundamental data was last updated by Penke on 2024-03-13 05:34:04.

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 Silver Mines Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Silver Mines Ltd earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Silver Mines Ltd to the Silver industry mean.
  • A Net Profit Margin of -2,387.1% means that $-23.87 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Silver Mines Ltd:

  • The MRQ is -2,387.1%. The company is making a huge loss. -2
  • The TTM is -2,387.1%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-2,387.1%TTM-2,387.1%0.0%
TTM-2,387.1%YOY-7,801.5%+5,414.4%
TTM-2,387.1%5Y-2,435.5%+48.4%
5Y-2,435.5%10Y-9,882.6%+7,447.0%
Compared to industry (Silver)
PeriodCompanyIndustry (mean)+/- 
MRQ-2,387.1%-6.7%-2,380.4%
TTM-2,387.1%-16.2%-2,370.9%
YOY-7,801.5%-15.7%-7,785.8%
5Y-2,435.5%-16.7%-2,418.8%
10Y-9,882.6%-20.9%-9,861.7%
1.1.2. Return on Assets

Shows how efficient Silver Mines Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Silver Mines Ltd to the Silver industry mean.
  • -3.1% Return on Assets means that Silver Mines Ltd generated $-0.03 profit for each $1 in assets.

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

  • The MRQ is -3.1%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -3.1%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-3.1%TTM-3.1%0.0%
TTM-3.1%YOY-11.3%+8.2%
TTM-3.1%5Y-3.4%+0.3%
5Y-3.4%10Y-21.9%+18.4%
Compared to industry (Silver)
PeriodCompanyIndustry (mean)+/- 
MRQ-3.1%-1.7%-1.4%
TTM-3.1%-2.0%-1.1%
YOY-11.3%-1.9%-9.4%
5Y-3.4%-3.1%-0.3%
10Y-21.9%-3.1%-18.8%
1.1.3. Return on Equity

Shows how efficient Silver Mines Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Silver Mines Ltd to the Silver industry mean.
  • -3.3% Return on Equity means Silver Mines Ltd generated $-0.03 for each $1 the owners (shareholders) invested.

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

  • The MRQ is -3.3%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -3.3%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-3.3%TTM-3.3%0.0%
TTM-3.3%YOY-11.8%+8.5%
TTM-3.3%5Y-3.6%+0.3%
5Y-3.6%10Y-23.3%+19.7%
Compared to industry (Silver)
PeriodCompanyIndustry (mean)+/- 
MRQ-3.3%-2.6%-0.7%
TTM-3.3%-2.5%-0.8%
YOY-11.8%-2.6%-9.2%
5Y-3.6%-2.8%-0.8%
10Y-23.3%-3.1%-20.2%

1.2. Operating Efficiency of Silver Mines Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Silver Mines Ltd is operating .

  • Measures how much profit Silver Mines 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 Silver Mines Ltd to the Silver industry mean.
  • An Operating Margin of -1,951.4% means the company generated $-19.51  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Silver Mines Ltd:

  • The MRQ is -1,951.4%. The company is operating very inefficient. -2
  • The TTM is -1,951.4%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-1,951.4%TTM-1,951.4%0.0%
TTM-1,951.4%YOY-1,645.4%-306.0%
TTM-1,951.4%5Y-1,581.8%-369.6%
5Y-1,581.8%10Y-8,465.7%+6,883.8%
Compared to industry (Silver)
PeriodCompanyIndustry (mean)+/- 
MRQ-1,951.4%2.3%-1,953.7%
TTM-1,951.4%-2.6%-1,948.8%
YOY-1,645.4%-4.1%-1,641.3%
5Y-1,581.8%-8.2%-1,573.6%
10Y-8,465.7%-11.4%-8,454.3%
1.2.2. Operating Ratio

Measures how efficient Silver Mines Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Silver industry mean).
  • An Operation Ratio of 20.51 means that the operating costs are $20.51 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Silver Mines Ltd:

  • The MRQ is 20.514. The company is inefficient in keeping operating costs low. -1
  • The TTM is 20.514. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ20.514TTM20.5140.000
TTM20.514YOY17.454+3.060
TTM20.5145Y17.025+3.489
5Y17.02510Y85.158-68.132
Compared to industry (Silver)
PeriodCompanyIndustry (mean)+/- 
MRQ20.5141.823+18.691
TTM20.5141.497+19.017
YOY17.4541.084+16.370
5Y17.0251.128+15.897
10Y85.1581.325+83.833

1.3. Liquidity of Silver Mines Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Silver Mines Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Silver industry mean).
  • A Current Ratio of 11.46 means the company has $11.46 in assets for each $1 in short-term debts.

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

  • The MRQ is 11.457. The company is very able to pay all its short-term debts. +2
  • The TTM is 11.457. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ11.457TTM11.4570.000
TTM11.457YOY17.437-5.980
TTM11.4575Y12.007-0.550
5Y12.00710Y6.584+5.423
Compared to industry (Silver)
PeriodCompanyIndustry (mean)+/- 
MRQ11.4572.573+8.884
TTM11.4574.406+7.051
YOY17.4378.905+8.532
5Y12.0078.376+3.631
10Y6.5846.584+0.000
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Silver Mines Ltd to the Silver industry mean.
  • A Quick Ratio of 15.51 means the company can pay off $15.51 for each $1 in debt (using most liquid assets).

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

  • The MRQ is 15.507. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 15.507. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ15.507TTM15.5070.000
TTM15.507YOY21.182-5.675
TTM15.5075Y15.905-0.398
5Y15.90510Y8.509+7.396
Compared to industry (Silver)
PeriodCompanyIndustry (mean)+/- 
MRQ15.5070.898+14.609
TTM15.5070.858+14.649
YOY21.1821.297+19.885
5Y15.9051.325+14.580
10Y8.5092.195+6.314

1.4. Solvency of Silver Mines Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Silver Mines Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Silver Mines Ltd to Silver industry mean.
  • A Debt to Asset Ratio of 0.04 means that Silver Mines Ltd assets are financed with 3.7% credit (debt) and the remaining percentage (100% - 3.7%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.037. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.037. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.037TTM0.0370.000
TTM0.037YOY0.041-0.004
TTM0.0375Y0.045-0.008
5Y0.04510Y0.061-0.016
Compared to industry (Silver)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0370.160-0.123
TTM0.0370.153-0.116
YOY0.0410.124-0.083
5Y0.0450.162-0.117
10Y0.0610.180-0.119
1.4.2. Debt to Equity Ratio

Measures if Silver Mines Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Silver Mines Ltd to the Silver industry mean.
  • A Debt to Equity ratio of 3.8% means that company has $0.04 debt for each $1 in shareholders equity.

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

  • The MRQ is 0.038. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.038. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.038TTM0.0380.000
TTM0.038YOY0.043-0.005
TTM0.0385Y0.047-0.009
5Y0.04710Y0.067-0.020
Compared to industry (Silver)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0380.165-0.127
TTM0.0380.139-0.101
YOY0.0430.135-0.092
5Y0.0470.160-0.113
10Y0.0670.167-0.100

2. Market Valuation of Silver Mines 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 Silver Mines Ltd generates.

  • Above 15 is considered overpriced but always compare Silver Mines Ltd to the Silver industry mean.
  • A PE ratio of -61.49 means the investor is paying $-61.49 for every $1 in earnings.

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

  • The EOD is -58.073. Based on the earnings, the company is expensive. -2
  • The MRQ is -61.489. Based on the earnings, the company is expensive. -2
  • The TTM is -61.489. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-58.073MRQ-61.489+3.416
MRQ-61.489TTM-61.4890.000
TTM-61.489YOY-13.727-47.762
TTM-61.4895Y-17.964-43.524
5Y-17.96410Y-24.085+6.121
Compared to industry (Silver)
PeriodCompanyIndustry (mean)+/- 
EOD-58.073-2.302-55.771
MRQ-61.489-2.856-58.633
TTM-61.489-4.946-56.543
YOY-13.727-9.969-3.758
5Y-17.964-11.364-6.600
10Y-24.085-11.298-12.787
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -9.377. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -9.929. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -9.929. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-9.377MRQ-9.929+0.552
MRQ-9.929TTM-9.9290.000
TTM-9.929YOY-10.508+0.580
TTM-9.9295Y-14.496+4.568
5Y-14.49610Y-11.047-3.449
Compared to industry (Silver)
PeriodCompanyIndustry (mean)+/- 
EOD-9.377-2.636-6.741
MRQ-9.929-3.069-6.860
TTM-9.929-6.674-3.255
YOY-10.508-9.544-0.964
5Y-14.496-12.131-2.365
10Y-11.047-11.0470.000
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Silver industry mean).
  • A PB ratio of 2.01 means the investor is paying $2.01 for each $1 in book value.

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

  • The EOD is 1.896. Based on the equity, the company is underpriced. +1
  • The MRQ is 2.007. Based on the equity, the company is underpriced. +1
  • The TTM is 2.007. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.896MRQ2.007-0.112
MRQ2.007TTM2.0070.000
TTM2.007YOY1.620+0.387
TTM2.0075Y1.904+0.104
5Y1.90410Y2.132-0.228
Compared to industry (Silver)
PeriodCompanyIndustry (mean)+/- 
EOD1.8961.085+0.811
MRQ2.0071.098+0.909
TTM2.0071.285+0.722
YOY1.6202.172-0.552
5Y1.9042.459-0.555
10Y2.1323.008-0.876
2. Total Gains per Share

3. Holders & Insider Transactions

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

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Silver Mines 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--0.0090.0090%-0.005+153%0.010-4%0.008+18%
Book Value Per Share--0.0900.0900%0.080+12%0.072+25%0.047+89%
Current Ratio--11.45711.4570%17.437-34%12.007-5%6.584+74%
Debt To Asset Ratio--0.0370.0370%0.041-10%0.045-18%0.061-40%
Debt To Equity Ratio--0.0380.0380%0.043-11%0.047-19%0.067-43%
Dividend Per Share----0%0.000-100%0.004-100%0.002-100%
Eps---0.003-0.0030%-0.009+224%-0.003-14%-0.003-8%
Free Cash Flow Per Share---0.018-0.0180%-0.012-32%-0.011-42%-0.009-49%
Free Cash Flow To Equity Per Share---0.006-0.0060%-0.008+40%0.001-560%0.001-953%
Gross Profit Margin--1.0361.0360%1.011+3%1.024+1%1.045-1%
Intrinsic Value_10Y_max---0.151--------
Intrinsic Value_10Y_min---0.205--------
Intrinsic Value_1Y_max---0.011--------
Intrinsic Value_1Y_min---0.015--------
Intrinsic Value_3Y_max---0.035--------
Intrinsic Value_3Y_min---0.051--------
Intrinsic Value_5Y_max---0.064--------
Intrinsic Value_5Y_min---0.091--------
Market Cap238736097.280-6%252779397.120252779397.1200%182562897.920+38%201380919.706+26%148578112.307+70%
Net Profit Margin---23.871-23.8710%-78.015+227%-24.355+2%-98.826+314%
Operating Margin---19.514-19.5140%-16.454-16%-15.818-19%-84.657+334%
Operating Ratio--20.51420.5140%17.454+18%17.025+20%85.158-76%
Pb Ratio1.896-6%2.0072.0070%1.620+24%1.904+5%2.132-6%
Pe Ratio-58.073+6%-61.489-61.4890%-13.727-78%-17.964-71%-24.085-61%
Price Per Share0.170-6%0.1800.1800%0.130+38%0.143+26%0.106+70%
Price To Free Cash Flow Ratio-9.377+6%-9.929-9.9290%-10.508+6%-14.496+46%-11.047+11%
Price To Total Gains Ratio18.026-6%19.08719.0870%-26.162+237%4.317+342%5.277+262%
Quick Ratio--15.50715.5070%21.182-27%15.905-3%8.509+82%
Return On Assets---0.031-0.0310%-0.113+260%-0.034+10%-0.219+596%
Return On Equity---0.033-0.0330%-0.118+262%-0.036+11%-0.233+613%
Total Gains Per Share--0.0090.0090%-0.005+153%0.014-33%0.010-6%
Usd Book Value--82140739.86582140739.8650%73501816.300+12%65630927.585+25%43391995.585+89%
Usd Book Value Change Per Share--0.0060.0060%-0.003+153%0.006-4%0.005+18%
Usd Book Value Per Share--0.0580.0580%0.052+12%0.047+25%0.031+89%
Usd Dividend Per Share----0%0.000-100%0.003-100%0.001-100%
Usd Eps---0.002-0.0020%-0.006+224%-0.002-14%-0.002-8%
Usd Free Cash Flow---16607366.224-16607366.2240%-11332482.915-32%-9691438.185-42%-8526969.968-49%
Usd Free Cash Flow Per Share---0.012-0.0120%-0.008-32%-0.007-42%-0.006-49%
Usd Free Cash Flow To Equity Per Share---0.004-0.0040%-0.006+40%0.001-560%0.000-953%
Usd Market Cap155727556.256-6%164888000.741164888000.7410%119085778.313+38%131360773.924+26%96917502.658+70%
Usd Price Per Share0.111-6%0.1170.1170%0.085+38%0.094+26%0.069+70%
Usd Profit---2681605.952-2681605.9520%-8675559.994+224%-2297830.596-14%-2477512.828-8%
Usd Revenue--112335.192112335.1920%111203.452+1%102253.896+10%89213.571+26%
Usd Total Gains Per Share--0.0060.0060%-0.003+153%0.009-33%0.007-6%
 EOD+2 -6MRQTTM+0 -0YOY+24 -125Y+15 -2110Y+21 -15

4.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-58.073
Price to Book Ratio (EOD)Between0-11.896
Net Profit Margin (MRQ)Greater than0-23.871
Operating Margin (MRQ)Greater than0-19.514
Quick Ratio (MRQ)Greater than115.507
Current Ratio (MRQ)Greater than111.457
Debt to Asset Ratio (MRQ)Less than10.037
Debt to Equity Ratio (MRQ)Less than10.038
Return on Equity (MRQ)Greater than0.15-0.033
Return on Assets (MRQ)Greater than0.05-0.031
Total4/10 (40.0%)

4.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5060.303
Ma 20Greater thanMa 500.157
Ma 50Greater thanMa 1000.150
Ma 100Greater thanMa 2000.158
OpenGreater thanClose0.170
Total2/5 (40.0%)



Latest Balance Sheet

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

Summary
Total Assets130,758
Total Liabilities4,833
Total Stockholder Equity125,925
 As reported
Total Liabilities 4,833
Total Stockholder Equity+ 125,925
Total Assets = 130,758

Assets

Total Assets130,758
Total Current Assets14,421
Long-term Assets116,337
Total Current Assets
Cash And Cash Equivalents 8,051
Short-term Investments 5,592
Net Receivables 284
Other Current Assets 494
Total Current Assets  (as reported)14,421
Total Current Assets  (calculated)14,421
+/- 0
Long-term Assets
Property Plant Equipment 33,025
Long Term Investments 382
Intangible Assets 416
Long-term Assets Other 82,514
Long-term Assets  (as reported)116,337
Long-term Assets  (calculated)116,337
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities1,259
Long-term Liabilities3,574
Total Stockholder Equity125,925
Total Current Liabilities
Accounts payable 827
Other Current Liabilities 432
Total Current Liabilities  (as reported)1,259
Total Current Liabilities  (calculated)1,259
+/-0
Long-term Liabilities
Long term Debt Total 3,574
Long-term Liabilities  (as reported)3,574
Long-term Liabilities  (calculated)3,574
+/- 0
Total Stockholder Equity
Common Stock165,668
Retained Earnings -42,565
Accumulated Other Comprehensive Income 2,822
Total Stockholder Equity (as reported)125,925
Total Stockholder Equity (calculated)125,925
+/-0
Other
Capital Stock165,668
Cash And Equivalents8,051
Cash and Short Term Investments 13,643
Common Stock Shares Outstanding 1,335,599
Liabilities and Stockholders Equity 130,758
Net Debt -4,477
Net Invested Capital 125,925
Net Tangible Assets 125,509
Net Working Capital 13,162
Property Plant and Equipment Gross 117,492
Short Long Term Debt Total 3,574



Balance Sheet

Currency in AUD. All numbers in thousands.

 Trend2023-06-302022-06-302021-06-302020-06-302019-06-302018-06-302017-06-302016-06-302015-06-302014-06-302013-06-302012-06-302011-06-302010-06-302009-06-302008-06-302007-06-302006-06-30
> Total Assets 
7,551
5,567
5,135
4,589
5,709
12,517
12,860
14,008
5,812
5,446
50,327
54,366
58,190
63,287
89,702
125,289
117,533
130,758
130,758117,533125,28989,70263,28758,19054,36650,3275,4465,81214,00812,86012,5175,7094,5895,1355,5677,551
   > Total Current Assets 
7,192
4,603
1,643
424
508
4,573
1,397
233
308
106
14,147
4,093
970
999
12,657
43,985
23,826
14,421
14,42123,82643,98512,6579999704,09314,1471063082331,3974,5735084241,6434,6037,192
       Cash And Cash Equivalents 
7,168
4,444
1,492
373
388
3,372
800
70
195
50
11,557
3,641
731
634
12,124
31,421
16,890
8,051
8,05116,89031,42112,1246347313,64111,55750195708003,3723883731,4924,4447,168
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
11,937
11,937
5,832
5,592
5,5925,83211,93711,93700000000000000
       Net Receivables 
25
160
151
51
119
207
171
144
105
55
2,472
281
75
166
292
195
390
284
284390195292166752812,472551051441712071195115116025
       Other Current Assets 
0
0
0
0
0
994
426
19
8
55
1,974
15
0
14
241
432
714
494
494714432241140151,9745581942699400000
   > Long-term Assets 
358
964
3,492
4,165
5,201
7,944
11,463
13,775
5,504
5,340
36,180
50,273
57,220
62,288
77,045
81,304
93,707
116,337
116,33793,70781,30477,04562,28857,22050,27336,1805,3405,50413,77511,4637,9445,2014,1653,492964358
       Property Plant Equipment 
358
914
3,382
4,090
5,141
7,723
11,253
13,544
5,190
5,179
36,030
49,348
55,359
60,274
19,897
21,658
22,981
33,025
33,02522,98121,65819,89760,27455,35949,34836,0305,1795,19013,54411,2537,7235,1414,0903,382914358
       Long Term Investments 
0
0
0
0
0
0
0
0
205
50
150
50
91
274
303
208
364
382
38236420830327491501505020500000000
       Intangible Assets 
0
0
3,193
3,965
5,076
7,675
11,191
13,479
5,170
5,170
0
875
1,770
1,740
57
854
1,184
416
4161,184854571,7401,77087505,1705,17013,47911,1917,6755,0763,9653,19300
       Other Assets 
0
50
111
76
61
121
110
110
110
111
150
50
91
274
303
429
734
382
38273442930327491501501111101101101216176111500
> Total Liabilities 
13
262
418
369
553
233
354
89
260
711
7,453
2,176
1,400
2,185
6,079
5,548
4,852
4,833
4,8334,8525,5486,0792,1851,4002,1767,4537112608935423355336941826213
   > Total Current Liabilities 
13
262
288
237
476
175
335
89
260
711
7,453
2,176
1,400
2,185
2,230
1,759
1,366
1,259
1,2591,3661,7592,2302,1851,4002,1767,4537112608933517547623728826213
       Short-term Debt 
0
0
0
0
0
0
19
0
0
289
0
0
0
1,010
1,063
60
60
0
060601,0631,0100002890019000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
289
0
0
0
1,010
1,009
0
0
0
0001,0091,010000289000000000
       Accounts payable 
722
256
284
229
471
142
316
82
260
422
2,406
2,046
1,212
967
963
1,393
977
827
8279771,3939639671,2122,0462,40642226082316142471229284256722
       Other Current Liabilities 
0
6
4
8
5
33
0
7
0
0
5,047
130
187
207
204
306
390
432
4323903062042071871305,04700703358460
   > Long-term Liabilities 
0
0
129
132
77
58
19
0
0
0
0
0
0
3,849
3,849
3,789
3,486
3,574
3,5743,4863,7893,8493,84900000019587713212900
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,789
3,486
3,574
3,5743,4863,789000000000000000
> Total Stockholder Equity
7,537
5,305
4,717
4,220
5,156
12,284
12,506
13,919
5,553
4,735
42,874
52,190
56,791
61,102
83,623
119,741
112,681
125,925
125,925112,681119,74183,62361,10256,79152,19042,8744,7355,55313,91912,50612,2845,1564,2204,7175,3057,537
   Common Stock
7,697
5,613
5,571
5,748
7,175
14,862
15,869
18,525
19,433
19,885
63,502
71,098
77,765
83,867
109,988
142,477
148,748
165,668
165,668148,748142,477109,98883,86777,76571,09863,50219,88519,43318,52515,86914,8627,1755,7485,5715,6137,697
   Retained Earnings -42,565-38,454-25,154-30,513-26,765-24,974-22,907-20,629-15,150-13,880-4,606-3,363-4,100-2,019-1,527-854-308-160
   Capital Surplus 000000000000000000
   Treasury Stock000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
0
4,000
4,000
4,000
4,000
-79,474
-117,323
-110,294
-123,103
-123,103-110,294-117,323-79,4744,0004,0004,0004,0000000000000



Balance Sheet

Currency in AUD. All numbers in thousands.




Cash Flow

Currency in AUD. All numbers in thousands.




Income Statement

Currency in AUD. All numbers in thousands.


Latest Income Statement (annual, 2023-06-30)

Gross Profit (+$)
totalRevenue172
Cost of Revenue-1,782
Gross Profit-1,610-1,610
 
Operating Income (+$)
Gross Profit-1,610
Operating Expense-1,750
Operating Income-3,361-3,361
 
Operating Expense (+$)
Research Development0
Selling General Administrative917
Selling And Marketing Expenses150
Operating Expense1,7501,066
 
Net Interest Income (+$)
Interest Income94
Interest Expense-94
Other Finance Cost-155
Net Interest Income155
 
Pretax Income (+$)
Operating Income-3,361
Net Interest Income155
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-4,111-2,610
EBIT - interestExpense = -3,455
-4,111
-4,017
Interest Expense94
Earnings Before Interest and Taxes (EBIT)-3,361-4,017
Earnings Before Interest and Taxes (EBITDA)-3,083
 
After tax Income (+$)
Income Before Tax-4,111
Tax Provision-0
Net Income From Continuing Ops-4,111-4,111
Net Income-4,111
Net Income Applicable To Common Shares-4,111
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses3,533
Total Other Income/Expenses Net-750-155
 

Technical Analysis of Silver Mines 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 Silver Mines Ltd. The general trend of Silver Mines Ltd 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 Silver Mines 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 (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 Silver Mines Ltd.

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

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

The bullish price targets are: 0.175 < 0.18 < 0.18.

The bearish price targets are: 0.145 > 0.145 > 0.135.

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Silver Mines 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 Silver Mines Ltd. 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 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 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 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

Silver Mines 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 Silver Mines Ltd. The current macd is 0.00507464.

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 Silver Mines 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 Silver Mines 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 Silver Mines 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
Silver Mines Ltd Daily Moving Average Convergence/Divergence (MACD) ChartSilver Mines 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 Silver Mines Ltd. The current adx is 26.33.

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 Silver Mines 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.
Silver Mines 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 Silver Mines Ltd. The current sar is 0.14908421.

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
Silver Mines 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 Silver Mines Ltd. The current rsi is 60.30. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
Silver Mines Ltd Daily Relative Strength Index (RSI) ChartSilver Mines 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 Silver Mines Ltd. The current phase is Overbought in bull market.

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

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Silver Mines Ltd price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Silver Mines Ltd Daily Stochastic Oscillator ChartSilver Mines 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 Silver Mines Ltd. The current cci is 144.10.

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
Silver Mines Ltd Daily Commodity Channel Index (CCI) ChartSilver Mines 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 Silver Mines Ltd. The current cmo is 25.05.

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
Silver Mines Ltd Daily Chande Momentum Oscillator (CMO) ChartSilver Mines 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 Silver Mines Ltd. The current willr is -16.66666667.

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

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

Silver Mines 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 Silver Mines Ltd. The current atr is 0.00937784.

Silver Mines Ltd Daily Average True Range (ATR) ChartSilver Mines 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 Silver Mines Ltd. The current obv is -840,048.

Silver Mines Ltd Daily On-Balance Volume (OBV) ChartSilver Mines 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 Silver Mines Ltd. The current mfi is 50.06.

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

  • MFI > 50: +1
Silver Mines Ltd Daily Money Flow Index (MFI) ChartSilver Mines Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Silver Mines 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
2023-11-07STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
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).
2023-11-10WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-14STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-15CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-16STOCH 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).
2023-11-20STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-24CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-29SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-30STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-01STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-04STOCH 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).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-05RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-07SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-11MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-14STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-18DMI 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
2023-12-20STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-22DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-12-27STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-28CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-29STOCH 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).
2024-01-02STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-03STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-05MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
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).
2024-01-08STOCH 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).
2024-01-09MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-12CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-15STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-16DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-01-17STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
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
2024-01-23RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-29MACD 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.
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).
2024-01-31STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-05MACD 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.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-19STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-20STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-21STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-01CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-04DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-05SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-06MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-08STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-14CCI 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).
2024-03-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-18CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-25STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-27STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-28WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside

6.3. Candlestick Patterns

Silver Mines Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5060.303
Ma 20Greater thanMa 500.157
Ma 50Greater thanMa 1000.150
Ma 100Greater thanMa 2000.158
OpenGreater thanClose0.170
Total2/5 (40.0%)
Penke

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