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Sayona Mining Ltd
Buy, Hold or Sell?

Let's analyse Sayona Mining Ltd together

PenkeI guess you are interested in Sayona Mining Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Sayona Mining Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Sayona Mining Ltd (30 sec.)










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

How much money do you get?

How much money do you get?
A$0.07
When do you have the money?
1 year
How often do you get paid?
50.0%

What is your share worth?

Current worth
A$0.09
Expected worth in 1 year
A$0.21
How sure are you?
80.0%

+ What do you gain per year?

Total Gains per Share
A$0.24
Return On Investment
611.9%

For what price can you sell your share?

Current Price per Share
A$0.04
Expected price per share
A$0.038 - A$0.044
How sure are you?
50%

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




Live pricePrice per Share (EOD)

A$0.04

Intrinsic Value Per Share

A$-0.38 - A$-0.14

Total Value Per Share

A$-0.29 - A$-0.06

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




Is Sayona Mining Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$577.1m$365.6m$211.4m36.6%

How much money is Sayona Mining Ltd making?

Current yearPrevious yearGrowGrow %
Making money-$8.8m$38.4m-$47.3m-532.2%
Net Profit Margin-803.9%15,218.3%--

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

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




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




  Industry Rankings (Other Industrial Metals & Mining)  


Richest
#77 / 897

Most Revenue
#216 / 897

Most Profit
#815 / 897

Most Efficient
#719 / 897

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

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

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

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

Speculation

The Price per Share of Sayona Mining Ltd is A$0.039. 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 Sayona Mining Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

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

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is A$0.09. Based on the TTM, the Book Value Change Per Share is A$0.03 per quarter. Based on the YOY, the Book Value Change Per Share is A$0.05 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$0.03 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Sayona Mining Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 A$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per Share
Usd Eps0.00-2.2%0.00-2.2%0.009.6%0.001.1%0.000.4%
Usd Book Value Change Per Share0.0252.7%0.0252.7%0.0380.1%0.0128.0%0.0114.4%
Usd Dividend Per Share0.0247.1%0.0247.1%0.0366.5%0.0124.5%0.0012.2%
Usd Total Gains Per Share0.0499.8%0.0499.8%0.06146.6%0.0252.5%0.0126.6%
Usd Price Per Share0.11-0.11-0.10-0.06-0.03-
Price to Earnings Ratio-132.20--132.20-26.22--72.16--44.99-
Price-to-Total Gains Ratio2.93-2.93-1.71--20.00-55.52-
Price to Book Ratio2.04-2.04-2.75-5.05-32.98-
Price-to-Total Gains Ratio2.93-2.93-1.71--20.00-55.52-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.0254397
Number of shares39308
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.020.01
Usd Book Value Change Per Share0.020.01
Usd Total Gains Per Share0.040.02
Gains per Quarter (39308 shares)1,529.65804.86
Gains per Year (39308 shares)6,118.593,219.45
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1288832306109150117183209
25776646112228300334366428
38665969118347450451549647
41155312921244666005687212866
51444116152305857507859016085
617329193823670490081030819304
7202182261242823105101202722523
8231062584348942120111374525742
9259942907355061135121546328961
10288823230361180150141718132180

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%2.08.00.020.0%2.018.03.08.7%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%3.02.00.060.0%7.03.00.070.0%16.07.00.069.6%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%5.00.05.050.0%5.00.018.021.7%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%8.02.00.080.0%17.06.00.073.9%

Fundamentals of Sayona Mining Ltd

About Sayona Mining Ltd

Sayona Mining Limited, together with its subsidiaries, engages in mineral identification, acquisition, exploration, and development in Australia and Canada. It explores for lithium, graphite, and gold deposits. Its flagship property the North American Lithium project comprises 19 contiguous claims covering an area of 582.31 and one mining lease covering approximately an area of 700 hectares located in Quebec, Canada. The company was formerly known as DiamonEx Limited and changed its name to Sayona Mining Limited in May 2013. Sayona Mining Limited was incorporated in 2000 and is headquartered in Brisbane, Australia.

Fundamental data was last updated by Penke on 2024-03-13 06:01:02.

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 Sayona Mining Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Sayona Mining Ltd to the Other Industrial Metals & Mining industry mean.
  • A Net Profit Margin of -803.9% means that $-8.04 for each $1 in revenue is generated as profit.

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

  • The MRQ is -803.9%. The company is making a huge loss. -2
  • The TTM is -803.9%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-803.9%TTM-803.9%0.0%
TTM-803.9%YOY15,218.3%-16,022.2%
TTM-803.9%5Y620.7%-1,424.6%
5Y620.7%10Y-2,943.0%+3,563.6%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-803.9%-35.3%-768.6%
TTM-803.9%-40.5%-763.4%
YOY15,218.3%-50.7%+15,269.0%
5Y620.7%-330.2%+950.9%
10Y-2,943.0%-750.2%-2,192.8%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Sayona Mining Ltd to the Other Industrial Metals & Mining industry mean.
  • -1.3% Return on Assets means that Sayona Mining Ltd generated $-0.01 profit for each $1 in assets.

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

  • The MRQ is -1.3%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -1.3%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-1.3%TTM-1.3%0.0%
TTM-1.3%YOY8.9%-10.3%
TTM-1.3%5Y-6.5%+5.1%
5Y-6.5%10Y-28.0%+21.5%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.3%-6.0%+4.7%
TTM-1.3%-6.8%+5.5%
YOY8.9%-5.9%+14.8%
5Y-6.5%-9.2%+2.7%
10Y-28.0%-12.0%-16.0%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Sayona Mining Ltd to the Other Industrial Metals & Mining industry mean.
  • -1.8% Return on Equity means Sayona Mining Ltd generated $-0.02 for each $1 the owners (shareholders) invested.

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

  • The MRQ is -1.8%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -1.8%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-1.8%TTM-1.8%0.0%
TTM-1.8%YOY11.7%-13.5%
TTM-1.8%5Y-6.5%+4.7%
5Y-6.5%10Y-32.1%+25.5%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.8%-6.9%+5.1%
TTM-1.8%-7.5%+5.7%
YOY11.7%-6.1%+17.8%
5Y-6.5%-9.8%+3.3%
10Y-32.1%-12.8%-19.3%

1.2. Operating Efficiency of Sayona Mining Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Sayona Mining Ltd is operating .

  • Measures how much profit Sayona Mining Ltd makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Sayona Mining Ltd to the Other Industrial Metals & Mining industry mean.
  • An Operating Margin of -1,521.8% means the company generated $-15.22  for each $1 in revenue (before taxes).

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

  • The MRQ is -1,521.8%. The company is operating very inefficient. -2
  • The TTM is -1,521.8%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-1,521.8%TTM-1,521.8%0.0%
TTM-1,521.8%YOY-5,333.6%+3,811.8%
TTM-1,521.8%5Y-2,855.9%+1,334.2%
5Y-2,855.9%10Y-4,938.5%+2,082.5%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-1,521.8%-285.5%-1,236.3%
TTM-1,521.8%-46.7%-1,475.1%
YOY-5,333.6%-76.4%-5,257.2%
5Y-2,855.9%-361.7%-2,494.2%
10Y-4,938.5%-693.1%-4,245.4%
1.2.2. Operating Ratio

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

  • Below 1 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • An Operation Ratio of 15.22 means that the operating costs are $15.22 for each $1 in net sales.

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

  • The MRQ is 15.218. The company is inefficient in keeping operating costs low. -1
  • The TTM is 15.218. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ15.218TTM15.2180.000
TTM15.218YOY53.336-38.118
TTM15.2185Y30.285-15.068
5Y30.28510Y61.322-31.037
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ15.2181.951+13.267
TTM15.2181.923+13.295
YOY53.3362.082+51.254
5Y30.2854.850+25.435
10Y61.3228.674+52.648

1.3. Liquidity of Sayona Mining Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Sayona Mining 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 9.74 means the company has $9.74 in assets for each $1 in short-term debts.

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

  • The MRQ is 9.743. The company is very able to pay all its short-term debts. +2
  • The TTM is 9.743. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ9.743TTM9.7430.000
TTM9.743YOY8.552+1.191
TTM9.7435Y6.662+3.080
5Y6.66210Y6.724-0.062
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ9.7432.375+7.368
TTM9.7432.609+7.134
YOY8.5523.429+5.123
5Y6.6624.136+2.526
10Y6.7244.566+2.158
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Sayona Mining Ltd to the Other Industrial Metals & Mining industry mean.
  • A Quick Ratio of 8.18 means the company can pay off $8.18 for each $1 in debt (using most liquid assets).

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

  • The MRQ is 8.176. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 8.176. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ8.176TTM8.1760.000
TTM8.176YOY8.528-0.352
TTM8.1765Y6.319+1.857
5Y6.31910Y6.760-0.441
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ8.1760.893+7.283
TTM8.1760.856+7.320
YOY8.5281.119+7.409
5Y6.3191.324+4.995
10Y6.7601.428+5.332

1.4. Solvency of Sayona Mining Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Sayona Mining Ltd to Other Industrial Metals & Mining industry mean.
  • A Debt to Asset Ratio of 0.12 means that Sayona Mining Ltd assets are financed with 12.4% credit (debt) and the remaining percentage (100% - 12.4%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.124. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.124. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.124TTM0.1240.000
TTM0.124YOY0.152-0.028
TTM0.1245Y0.084+0.039
5Y0.08410Y0.093-0.009
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1240.192-0.068
TTM0.1240.190-0.066
YOY0.1520.151+0.001
5Y0.0840.212-0.128
10Y0.0930.238-0.145
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Sayona Mining Ltd to the Other Industrial Metals & Mining industry mean.
  • A Debt to Equity ratio of 16.5% means that company has $0.16 debt for each $1 in shareholders equity.

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

  • The MRQ is 0.165. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.165. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.165TTM0.1650.000
TTM0.165YOY0.199-0.034
TTM0.1655Y0.105+0.060
5Y0.10510Y0.111-0.006
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1650.192-0.027
TTM0.1650.207-0.042
YOY0.1990.155+0.044
5Y0.1050.227-0.122
10Y0.1110.249-0.138

2. Market Valuation of Sayona Mining Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Sayona Mining Ltd generates.

  • Above 15 is considered overpriced but always compare Sayona Mining Ltd to the Other Industrial Metals & Mining industry mean.
  • A PE ratio of -132.20 means the investor is paying $-132.20 for every $1 in earnings.

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

  • The EOD is -29.461. Based on the earnings, the company is expensive. -2
  • The MRQ is -132.198. Based on the earnings, the company is expensive. -2
  • The TTM is -132.198. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-29.461MRQ-132.198+102.737
MRQ-132.198TTM-132.1980.000
TTM-132.198YOY26.216-158.414
TTM-132.1985Y-72.159-60.039
5Y-72.15910Y-44.986-27.173
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-29.461-3.740-25.721
MRQ-132.198-5.000-127.198
TTM-132.198-5.557-126.641
YOY26.216-8.469+34.685
5Y-72.159-10.469-61.690
10Y-44.986-11.327-33.659
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -1.545. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -6.932. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -6.932. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-1.545MRQ-6.932+5.387
MRQ-6.932TTM-6.9320.000
TTM-6.932YOY-33.811+26.878
TTM-6.9325Y-23.858+16.926
5Y-23.85810Y-36.033+12.174
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-1.545-3.924+2.379
MRQ-6.932-5.463-1.469
TTM-6.932-6.302-0.630
YOY-33.811-8.457-25.354
5Y-23.858-12.796-11.062
10Y-36.033-13.886-22.147
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Sayona Mining 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 2.04 means the investor is paying $2.04 for each $1 in book value.

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

  • The EOD is 0.454. Based on the equity, the company is cheap. +2
  • The MRQ is 2.036. Based on the equity, the company is underpriced. +1
  • The TTM is 2.036. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD0.454MRQ2.036-1.582
MRQ2.036TTM2.0360.000
TTM2.036YOY2.754-0.718
TTM2.0365Y5.054-3.018
5Y5.05410Y32.979-27.926
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD0.4541.161-0.707
MRQ2.0361.511+0.525
TTM2.0361.591+0.445
YOY2.7542.243+0.511
5Y5.0542.501+2.553
10Y32.9792.940+30.039
2. Total Gains per Share

3. Holders & Insider Transactions

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

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Sayona Mining Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.0310.0310%0.048-34%0.017+88%0.009+266%
Book Value Per Share--0.0860.0860%0.054+58%0.030+184%0.015+456%
Current Ratio--9.7439.7430%8.552+14%6.662+46%6.724+45%
Debt To Asset Ratio--0.1240.1240%0.152-19%0.084+47%0.093+33%
Debt To Equity Ratio--0.1650.1650%0.199-17%0.105+58%0.111+49%
Dividend Per Share--0.0280.0280%0.040-29%0.015+92%0.007+285%
Eps---0.001-0.0010%0.006-123%0.001-305%0.000-637%
Free Cash Flow Per Share---0.025-0.0250%-0.004-82%-0.007-74%-0.003-86%
Free Cash Flow To Equity Per Share---0.004-0.0040%0.035-111%0.007-156%0.003-210%
Gross Profit Margin--1.8511.8510%0.710+161%1.187+56%1.093+69%
Intrinsic Value_10Y_max---0.143--------
Intrinsic Value_10Y_min---0.380--------
Intrinsic Value_1Y_max---0.006--------
Intrinsic Value_1Y_min---0.018--------
Intrinsic Value_3Y_max---0.024--------
Intrinsic Value_3Y_min---0.071--------
Intrinsic Value_5Y_max---0.050--------
Intrinsic Value_5Y_min---0.143--------
Market Cap401438708.736-349%1801327539.2001801327539.2000%1543995033.600+17%879047839.130+105%531340157.563+239%
Net Profit Margin---8.039-8.0390%152.183-105%6.207-230%-29.430+266%
Operating Margin---15.218-15.2180%-53.336+250%-28.559+88%-49.385+225%
Operating Ratio--15.21815.2180%53.336-71%30.285-50%61.322-75%
Pb Ratio0.454-349%2.0362.0360%2.754-26%5.054-60%32.979-94%
Pe Ratio-29.461+78%-132.198-132.1980%26.216-604%-72.159-45%-44.986-66%
Price Per Share0.039-349%0.1750.1750%0.150+17%0.085+105%0.052+239%
Price To Free Cash Flow Ratio-1.545+78%-6.932-6.9320%-33.811+388%-23.858+244%-36.033+420%
Price To Total Gains Ratio0.654-349%2.9332.9330%1.712+71%-19.997+782%55.524-95%
Quick Ratio--8.1768.1760%8.528-4%6.319+29%6.760+21%
Return On Assets---0.013-0.0130%0.089-115%-0.065+379%-0.280+1975%
Return On Equity---0.018-0.0180%0.117-115%-0.065+263%-0.321+1680%
Total Gains Per Share--0.0600.0600%0.088-32%0.031+90%0.016+275%
Usd Book Value--577170042.900577170042.9000%365693078.300+58%202956547.246+184%103765098.222+456%
Usd Book Value Change Per Share--0.0210.0210%0.031-34%0.011+88%0.006+266%
Usd Book Value Per Share--0.0560.0560%0.036+58%0.020+184%0.010+456%
Usd Dividend Per Share--0.0180.0180%0.026-29%0.010+92%0.005+285%
Usd Eps---0.001-0.0010%0.004-123%0.000-305%0.000-637%
Usd Free Cash Flow---169494936.600-169494936.6000%-29787931.800-82%-43836769.862-74%-23236240.189-86%
Usd Free Cash Flow Per Share---0.016-0.0160%-0.003-82%-0.004-74%-0.002-86%
Usd Free Cash Flow To Equity Per Share---0.002-0.0020%0.023-111%0.004-156%0.002-210%
Usd Market Cap261858469.708-349%1175005953.8201175005953.8200%1007147960.417+17%573402905.464+105%346593184.778+239%
Usd Price Per Share0.025-349%0.1140.1140%0.098+17%0.056+105%0.034+239%
Usd Profit---8888239.800-8888239.8000%38417140.009-123%4355812.570-304%1665015.971-634%
Usd Revenue--1105648.5001105648.5000%252440.100+338%379888.561+191%201705.902+448%
Usd Total Gains Per Share--0.0390.0390%0.057-32%0.020+90%0.010+275%
 EOD+2 -6MRQTTM+0 -0YOY+16 -205Y+23 -1310Y+23 -13

4.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-29.461
Price to Book Ratio (EOD)Between0-10.454
Net Profit Margin (MRQ)Greater than0-8.039
Operating Margin (MRQ)Greater than0-15.218
Quick Ratio (MRQ)Greater than18.176
Current Ratio (MRQ)Greater than19.743
Debt to Asset Ratio (MRQ)Less than10.124
Debt to Equity Ratio (MRQ)Less than10.165
Return on Equity (MRQ)Greater than0.15-0.018
Return on Assets (MRQ)Greater than0.05-0.013
Total5/10 (50.0%)

4.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5043.994
Ma 20Greater thanMa 500.041
Ma 50Greater thanMa 1000.042
Ma 100Greater thanMa 2000.054
OpenGreater thanClose0.039
Total0/5 (0.0%)



Latest Balance Sheet

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

Summary
Total Assets1,009,573
Total Liabilities124,750
Total Stockholder Equity756,157
 As reported
Total Liabilities 124,750
Total Stockholder Equity+ 756,157
Total Assets = 1,009,573

Assets

Total Assets1,009,573
Total Current Assets314,557
Long-term Assets695,016
Total Current Assets
Cash And Cash Equivalents 211,119
Short-term Investments 31,993
Net Receivables 20,855
Inventory 48,664
Total Current Assets  (as reported)314,557
Total Current Assets  (calculated)312,631
+/- 1,926
Long-term Assets
Property Plant Equipment 682,073
Long Term Investments 12,943
Long-term Assets  (as reported)695,016
Long-term Assets  (calculated)695,016
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities32,287
Long-term Liabilities92,463
Total Stockholder Equity756,157
Total Current Liabilities
Short-term Debt 1,944
Short Long Term Debt 1,944
Accounts payable 18,682
Other Current Liabilities 11,661
Total Current Liabilities  (as reported)32,287
Total Current Liabilities  (calculated)34,231
+/- 1,944
Long-term Liabilities
Long term Debt Total 29,270
Other Liabilities 63,193
Long-term Liabilities  (as reported)92,463
Long-term Liabilities  (calculated)92,463
+/-0
Total Stockholder Equity
Common Stock770,700
Retained Earnings -27,316
Accumulated Other Comprehensive Income 12,773
Total Stockholder Equity (as reported)756,157
Total Stockholder Equity (calculated)756,157
+/-0
Other
Capital Stock770,700
Cash and Short Term Investments 211,119
Common Stock Shares Outstanding 8,695,396
Current Deferred Revenue-1,944
Liabilities and Stockholders Equity 1,009,573
Net Debt -179,905
Net Invested Capital 787,371
Net Tangible Assets 756,157
Net Working Capital 282,270
Property Plant and Equipment Gross 688,650
Short Long Term Debt Total 31,214



Balance Sheet

Currency in AUD. All numbers in thousands.

 Trend2023-06-302022-06-302021-06-302020-06-302019-06-302018-06-302017-06-302016-06-302015-06-302014-06-302013-06-302012-06-302011-06-302010-06-302009-06-302008-06-302007-06-302006-06-302005-06-302004-06-302003-06-302002-06-302001-06-30
> Total Assets 
312
402
753
4,308
5,086
8,181
13,589
34,987
9,763
9,627
1,529
699
1,879
1,578
876
1,638
9,411
24,260
22,208
22,190
71,721
661,161
1,009,573
1,009,573661,16171,72122,19022,20824,2609,4111,6388761,5781,8796991,5299,6279,76334,98713,5898,1815,0864,308753402312
   > Total Current Assets 
0
0
0
2,720
1,011
3,177
1,271
3,293
148
70
1,529
699
1,879
1,574
875
193
1,580
10,935
2,187
760
45,959
207,940
314,557
314,557207,94045,9597602,18710,9351,5801938751,5741,8796991,529701483,2931,2713,1771,0112,720000
       Cash And Cash Equivalents 
25
27
127
2,514
936
3,082
881
1,674
106
58
506
65
1,868
1,201
738
63
1,216
10,276
1,822
493
35,503
184,559
211,119
211,119184,55935,5034931,82210,2761,216637381,2011,86865506581061,6748813,0829362,5141272725
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
118
78
0
2
2
2
50
13,120
31,993
31,99313,1205022207811800000000000000
       Net Receivables 
54
51
70
74
67
81
355
999
30
8
1,013
633
10
368
13
37
321
484
273
228
10,413
9,681
20,855
20,8559,68110,4132282734843213713368106331,013830999355816774705154
       Other Current Assets 
0
0
13
132
8
14
35
27
12
4
10
0
1
5
6
15
42
175
2
39
44
13,700
33,919
33,91913,70044392175421565101041227351481321300
   > Long-term Assets 
0
0
0
1,588
4,075
5,004
12,319
31,694
9,615
9,556
0
0
0
4
2
1,445
7,831
13,325
20,021
21,431
25,763
453,221
695,016
695,016453,22125,76321,43120,02113,3257,8311,445240009,5569,61531,69412,3195,0044,0751,588000
       Property Plant Equipment 
233
325
543
1,588
4,075
5,004
12,319
31,694
59
0
0
0
0
4
2
1,445
7,831
13,325
20,021
237
210
453,036
682,073
682,073453,03621023720,02113,3257,8311,4452400005931,69412,3195,0044,0751,588543325233
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
12,943
12,9430000000000000000000000
       Intangible Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
185
185
0
018518500000000000000000000
       Other Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000000000
> Total Liabilities 
1
56
16
194
352
2,503
949
18,807
14,553
16,253
1,633
831
2,338
219
54
304
549
1,579
985
1,045
3,835
100,540
124,750
124,750100,5403,8351,0459851,579549304542192,3388311,63316,25314,55318,8079492,50335219416561
   > Total Current Liabilities 
1
56
16
194
352
2,503
949
3,178
14,553
16,253
1,633
831
2,338
219
54
304
549
1,579
985
993
3,820
24,315
32,287
32,28724,3153,8209939851,579549304542192,3388311,63316,25314,5533,1789492,50335219416561
       Short-term Debt 
0
0
0
0
0
0
0
851
12,476
14,145
982
355
195
115
0
0
0
0
38
38
38
10
1,944
1,94410383838000011519535598214,14512,4768510000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
115
0
0
0
0
0
0
0
0
1,944
1,944000000001150000000000000
       Accounts payable 
1
6
14
0
190
19
437
1,522
759
627
375
335
283
26
38
186
272
1,115
710
643
1,648
5,146
18,682
18,6825,1461,6486437101,11527218638262833353756277591,5224371919001461
       Other Current Liabilities 
0
0
3
194
161
2,484
512
805
1,317
1,481
276
142
1,859
78
16
118
277
464
274
313
2,134
19,159
11,661
11,66119,1592,13431327446427711816781,8591422761,4811,3178055122,484161194300
   > Long-term Liabilities 
0
0
0
0
0
0
0
15,629
0
0
0
0
0
0
0
0
0
0
52
52
15
76,225
92,463
92,46376,225155252000000000015,6290000000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
52
15
23,462
29,270
29,27023,46215520000000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
59,648
63,193
63,19359,648000000000000000000000
> Total Stockholder Equity
311
346
737
4,114
4,735
5,679
12,640
16,180
-4,790
-6,626
-104
-133
-459
1,359
823
1,334
8,862
22,681
21,224
21,146
61,389
504,024
756,157
756,157504,02461,38921,14621,22422,6818,8621,3348231,359-459-133-104-6,626-4,79016,18012,6405,6794,7354,114737346311
   Common Stock
328
383
1,055
4,942
6,822
9,340
19,411
32,080
39,034
39,034
47,540
48,040
48,359
50,040
50,070
52,946
63,165
79,184
79,309
84,930
128,728
504,255
770,700
770,700504,255128,72884,93079,30979,18463,16552,94650,07050,04048,35948,04047,54039,03439,03432,08019,4119,3406,8224,9421,055383328
   Retained Earnings Total Equity00000000000000000000000
   Accumulated Other Comprehensive Income 
0
0
0
-11
-118
-540
-1,519
-6,362
-4,337
-4,309
-4,268
-4,274
-4,289
-4,527
-4,527
147
-126
-19
624
328
305
13,551
12,773
12,77313,551305328624-19-126147-4,527-4,527-4,289-4,274-4,268-4,309-4,337-6,362-1,519-540-118-11000
   Capital Surplus 00000000000000000000000
   Treasury Stock00000000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
0
0
0
0
-4,527
-4,527
147
-126
-19
624
-20,817
-61,085
-490,473
-743,384
-743,384-490,473-61,085-20,817624-19-126147-4,527-4,5270000000000000



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 (+$)
totalRevenue1,695
Cost of Revenue-6,162
Gross Profit-4,467-4,467
 
Operating Income (+$)
Gross Profit-4,467
Operating Expense-19,632
Operating Income-25,794-24,099
 
Operating Expense (+$)
Research Development0
Selling General Administrative8,040
Selling And Marketing Expenses11,592
Operating Expense19,63219,632
 
Net Interest Income (+$)
Interest Income15,002
Interest Expense-1,506
Other Finance Cost-12,185
Net Interest Income1,311
 
Pretax Income (+$)
Operating Income-25,794
Net Interest Income1,311
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-9,278-42,310
EBIT - interestExpense = -27,300
-9,977
-12,120
Interest Expense1,506
Earnings Before Interest and Taxes (EBIT)-25,794-7,772
Earnings Before Interest and Taxes (EBITDA)-19,632
 
After tax Income (+$)
Income Before Tax-9,278
Tax Provision-3,649
Net Income From Continuing Ops-12,927-12,927
Net Income-13,626
Net Income Applicable To Common Shares-13,626
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses25,794
Total Other Income/Expenses Net16,516-1,311
 

Technical Analysis of Sayona Mining Ltd
The psychology behind the price

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

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Sayona Mining Ltd. The general trend of Sayona Mining Ltd is BEARISH with 100.0% 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 Sayona Mining Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator zone transitionsBullish trend (-100.0%) Bearish trend (100.0%)
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 Sayona Mining 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: 0.04 < 0.044 < 0.044.

The bearish price targets are: 0.038 > 0.038 > 0.038.

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Sayona Mining Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Sayona Mining Ltd. The current mas is .

The long score for the Moving Averages is 0/14.
The longshort score for the Moving Averages is -14/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower 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 down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below 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 below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

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

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

Sayona Mining Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Sayona Mining Ltd. The current macd is -0.00172821.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Sayona Mining Ltd price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Sayona Mining Ltd. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Sayona Mining Ltd price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -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
Sayona Mining Ltd Daily Moving Average Convergence/Divergence (MACD) ChartSayona Mining Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Sayona Mining Ltd. The current adx is 9.26207501.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Sayona Mining Ltd shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Sayona Mining Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Sayona Mining Ltd. The current sar is 0.04264144.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Sayona Mining Ltd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Sayona Mining Ltd. The current rsi is 43.99. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -3/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
Sayona Mining Ltd Daily Relative Strength Index (RSI) ChartSayona Mining Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Sayona Mining Ltd. The current phase is Continuation in bear market.

The long score for the Stochastic Oscillator is 2/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • 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 Sayona Mining Ltd price going up in the near term. +2
  • Trending down: The STOCH %K is trending down. -1
Sayona Mining Ltd Daily Stochastic Oscillator ChartSayona Mining Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Sayona Mining Ltd. The current cci is -82.39316239.

Sayona Mining Ltd Daily Commodity Channel Index (CCI) ChartSayona Mining Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Sayona Mining Ltd. The current cmo is -13.12758871.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Sayona Mining Ltd Daily Chande Momentum Oscillator (CMO) ChartSayona Mining Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Sayona Mining Ltd. The current willr is -71.42857143.

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 Sayona Mining Ltd is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Sayona Mining Ltd Daily Williams %R ChartSayona Mining Ltd Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Sayona Mining Ltd.

Sayona Mining Ltd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Sayona Mining Ltd. The current atr is 0.0028884.

Sayona Mining Ltd Daily Average True Range (ATR) ChartSayona Mining Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Sayona Mining Ltd. The current obv is -4,800,572,171.

Sayona Mining Ltd Daily On-Balance Volume (OBV) ChartSayona Mining Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Sayona Mining Ltd. The current mfi is 17.19.

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

  • MFI < 50: -1
  • MFI < 20: -1
Sayona Mining Ltd Daily Money Flow Index (MFI) ChartSayona Mining Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Sayona Mining Ltd.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-07STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-08STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-09DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-10DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-14STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-15DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-11-16DMI 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.
2023-11-17SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-11-22WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-23MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-28BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-11-30RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2023-12-01STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-04BB 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
2023-12-05STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-07STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-08SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
RSI 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).
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-13WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-14MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-15DMI 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
2023-12-20CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-22CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-27CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-28STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-29CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-03STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-04SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-09CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-12MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-16BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-17STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-18STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-24RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-25STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-30RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-31STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-02STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-05SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-13WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-14DMI 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.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-15CCI 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).
2024-02-19ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-20RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-21MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-22SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-23WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-27MACD 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.
2024-02-28DMI 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.
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-14MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-15MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-18WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-20DMI 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
2024-03-22MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-27MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.

6.3. Candlestick Patterns

Sayona Mining Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5043.994
Ma 20Greater thanMa 500.041
Ma 50Greater thanMa 1000.042
Ma 100Greater thanMa 2000.054
OpenGreater thanClose0.039
Total0/5 (0.0%)
Penke

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