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Tasman Resources Ltd
Buy, Hold or Sell?

Let's analyse Tasman Resources Ltd together

PenkeI guess you are interested in Tasman Resources 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 Tasman Resources 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 Tasman Resources Ltd (30 sec.)










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

How much money do you get?

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

What is your share worth?

Current worth
A$0.03
Expected worth in 1 year
A$-0.07
How sure are you?
40.0%

+ What do you gain per year?

Total Gains per Share
A$-0.10
Return On Investment
-1,944.0%

For what price can you sell your share?

Current Price per Share
A$0.01
Expected price per share
A$0.005 - A$0.005
How sure are you?
50%

1. Valuation of Tasman Resources Ltd (5 min.)




Live pricePrice per Share (EOD)

A$0.01

Intrinsic Value Per Share

A$-0.14 - A$0.01

Total Value Per Share

A$-0.11 - A$0.04

2. Growth of Tasman Resources Ltd (5 min.)




Is Tasman Resources Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$12.8m$24.1m-$11.2m-87.6%

How much money is Tasman Resources Ltd making?

Current yearPrevious yearGrowGrow %
Making money-$3.7m-$1.6m-$2m-54.5%
Net Profit Margin-121.6%-62.7%--

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

3. Financial Health of Tasman Resources Ltd (5 min.)




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




  Industry Rankings (Other Industrial Metals & Mining)  


Richest
#425 / 897

Most Revenue
#203 / 897

Most Profit
#721 / 897

Most Efficient
#669 / 897

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

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

What can you expect buying and holding a share of Tasman Resources Ltd?

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

Speculation

The Price per Share of Tasman Resources Ltd is A$0.005. 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 Tasman Resources 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 Tasman Resources 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$0.03. Based on the TTM, the Book Value Change Per Share is A$-0.02 per quarter. Based on the YOY, the Book Value Change Per Share is A$0.00 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 Tasman Resources Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 A$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per Share
Usd Eps-0.01-104.7%-0.01-104.7%0.00-47.6%0.00-70.1%0.00-72.5%
Usd Book Value Change Per Share-0.02-317.0%-0.02-317.0%0.00-37.0%0.00-52.2%0.00-9.4%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share-0.02-317.0%-0.02-317.0%0.00-37.0%0.00-52.2%0.00-9.4%
Usd Price Per Share0.00-0.00-0.01-0.01-0.04-
Price to Earnings Ratio-0.75--0.75--3.04--4.51--12.60-
Price-to-Total Gains Ratio-0.25--0.25--3.92-1.24-1.75-
Price to Book Ratio0.22-0.22-0.21-0.46-1.27-
Price-to-Total Gains Ratio-0.25--0.25--3.92-1.24-1.75-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.0032615
Number of shares306607
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.020.00
Usd Total Gains Per Share-0.020.00
Gains per Quarter (306607 shares)-4,860.05-800.26
Gains per Year (306607 shares)-19,440.19-3,201.04
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-19440-194500-3201-3211
20-38880-388900-6402-6412
30-58321-583300-9603-9613
40-77761-777700-12804-12814
50-97201-972100-16005-16015
60-116641-1166500-19206-19216
70-136081-1360900-22407-22417
80-155521-1555300-25608-25618
90-174962-1749700-28809-28819
100-194402-1944100-32010-32020

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.01.00.00.0%0.03.00.00.0%0.05.00.00.0%0.010.00.00.0%2.021.00.08.7%
Book Value Change Per Share0.01.00.00.0%1.02.00.033.3%2.03.00.040.0%4.06.00.040.0%13.010.00.056.5%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.010.00.0%0.00.023.00.0%
Total Gains per Share0.01.00.00.0%1.02.00.033.3%2.03.00.040.0%4.06.00.040.0%13.010.00.056.5%

Fundamentals of Tasman Resources Ltd

About Tasman Resources Ltd

Tasman Resources Ltd engages in the exploration of mineral properties in Australia. It explores for precious and base metals, including gold, silver, copper, cobalt, zinc, lead, nickel, and uranium, as well as iron-oxide. The company holds 100% interests in the Lake Torrens IOCG project; Pernatty IOCG project; and Parkinson Dam Epithermal Gold-Silver (Lead-Zinc) project. Tasman Resources Ltd was incorporated in 1987 and is based in Perth, Australia.

Fundamental data was last updated by Penke on 2024-03-13 06:34:03.

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 unable to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

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

1.1. Profitability of Tasman Resources Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Tasman Resources Ltd earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Tasman Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • A Net Profit Margin of -121.6% means that $-1.22 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Tasman Resources Ltd:

  • The MRQ is -121.6%. The company is making a huge loss. -2
  • The TTM is -121.6%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-121.6%TTM-121.6%0.0%
TTM-121.6%YOY-62.7%-59.0%
TTM-121.6%5Y-170.6%+49.0%
5Y-170.6%10Y-249.2%+78.6%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-121.6%-35.3%-86.3%
TTM-121.6%-40.5%-81.1%
YOY-62.7%-50.7%-12.0%
5Y-170.6%-330.2%+159.6%
10Y-249.2%-750.2%+501.0%
1.1.2. Return on Assets

Shows how efficient Tasman Resources Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Tasman Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • -17.6% Return on Assets means that Tasman Resources Ltd generated $-0.18 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Tasman Resources Ltd:

  • The MRQ is -17.6%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -17.6%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-17.6%TTM-17.6%0.0%
TTM-17.6%YOY-6.0%-11.7%
TTM-17.6%5Y-13.1%-4.5%
5Y-13.1%10Y-12.8%-0.3%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-17.6%-6.0%-11.6%
TTM-17.6%-6.8%-10.8%
YOY-6.0%-5.9%-0.1%
5Y-13.1%-9.2%-3.9%
10Y-12.8%-12.0%-0.8%
1.1.3. Return on Equity

Shows how efficient Tasman Resources Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Tasman Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • -34.9% Return on Equity means Tasman Resources Ltd generated $-0.35 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Tasman Resources Ltd:

  • The MRQ is -34.9%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -34.9%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-34.9%TTM-34.9%0.0%
TTM-34.9%YOY-11.0%-23.9%
TTM-34.9%5Y-23.5%-11.5%
5Y-23.5%10Y-20.7%-2.8%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-34.9%-6.9%-28.0%
TTM-34.9%-7.5%-27.4%
YOY-11.0%-6.1%-4.9%
5Y-23.5%-9.8%-13.7%
10Y-20.7%-12.8%-7.9%

1.2. Operating Efficiency of Tasman Resources Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Tasman Resources Ltd is operating .

  • Measures how much profit Tasman Resources 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 Tasman Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • An Operating Margin of -143.3% means the company generated $-1.43  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Tasman Resources Ltd:

  • The MRQ is -143.3%. The company is operating very inefficient. -2
  • The TTM is -143.3%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-143.3%TTM-143.3%0.0%
TTM-143.3%YOY-177.9%+34.6%
TTM-143.3%5Y-261.0%+117.7%
5Y-261.0%10Y-300.3%+39.3%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-143.3%-285.5%+142.2%
TTM-143.3%-46.7%-96.6%
YOY-177.9%-76.4%-101.5%
5Y-261.0%-361.7%+100.7%
10Y-300.3%-693.1%+392.8%
1.2.2. Operating Ratio

Measures how efficient Tasman Resources Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • An Operation Ratio of 2.43 means that the operating costs are $2.43 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Tasman Resources Ltd:

  • The MRQ is 2.433. The company is inefficient in keeping operating costs low. -1
  • The TTM is 2.433. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ2.433TTM2.4330.000
TTM2.433YOY2.779-0.346
TTM2.4335Y3.612-1.178
5Y3.61210Y5.357-1.745
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ2.4331.951+0.482
TTM2.4331.923+0.510
YOY2.7792.082+0.697
5Y3.6124.850-1.238
10Y5.3578.674-3.317

1.3. Liquidity of Tasman Resources Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Tasman Resources 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 0.66 means the company has $0.66 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Tasman Resources Ltd:

  • The MRQ is 0.661. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.661. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.661TTM0.6610.000
TTM0.661YOY0.924-0.264
TTM0.6615Y1.553-0.892
5Y1.55310Y3.649-2.096
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6612.375-1.714
TTM0.6612.609-1.948
YOY0.9243.429-2.505
5Y1.5534.136-2.583
10Y3.6494.566-0.917
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Tasman Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • A Quick Ratio of 0.24 means the company can pay off $0.24 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Tasman Resources Ltd:

  • The MRQ is 0.241. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.241. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.241TTM0.2410.000
TTM0.241YOY0.485-0.244
TTM0.2415Y1.133-0.892
5Y1.13310Y2.849-1.717
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2410.893-0.652
TTM0.2410.856-0.615
YOY0.4851.119-0.634
5Y1.1331.324-0.191
10Y2.8491.428+1.421

1.4. Solvency of Tasman Resources Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Tasman Resources Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Tasman Resources Ltd to Other Industrial Metals & Mining industry mean.
  • A Debt to Asset Ratio of 0.39 means that Tasman Resources Ltd assets are financed with 39.0% credit (debt) and the remaining percentage (100% - 39.0%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Tasman Resources Ltd:

  • The MRQ is 0.390. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.390. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.390TTM0.3900.000
TTM0.390YOY0.147+0.244
TTM0.3905Y0.186+0.204
5Y0.18610Y0.124+0.062
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3900.192+0.198
TTM0.3900.190+0.200
YOY0.1470.151-0.004
5Y0.1860.212-0.026
10Y0.1240.238-0.114
1.4.2. Debt to Equity Ratio

Measures if Tasman Resources Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Tasman Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • A Debt to Equity ratio of 77.3% means that company has $0.77 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Tasman Resources Ltd:

  • The MRQ is 0.773. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.773. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.773TTM0.7730.000
TTM0.773YOY0.269+0.503
TTM0.7735Y0.347+0.426
5Y0.34710Y0.217+0.130
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7730.192+0.581
TTM0.7730.207+0.566
YOY0.2690.155+0.114
5Y0.3470.227+0.120
10Y0.2170.249-0.032

2. Market Valuation of Tasman Resources 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 Tasman Resources Ltd generates.

  • Above 15 is considered overpriced but always compare Tasman Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • A PE ratio of -0.75 means the investor is paying $-0.75 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Tasman Resources Ltd:

  • The EOD is -0.623. Based on the earnings, the company is expensive. -2
  • The MRQ is -0.748. Based on the earnings, the company is expensive. -2
  • The TTM is -0.748. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-0.623MRQ-0.748+0.125
MRQ-0.748TTM-0.7480.000
TTM-0.748YOY-3.042+2.294
TTM-0.7485Y-4.514+3.766
5Y-4.51410Y-12.597+8.083
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-0.623-3.740+3.117
MRQ-0.748-5.000+4.252
TTM-0.748-5.557+4.809
YOY-3.042-8.469+5.427
5Y-4.514-10.469+5.955
10Y-12.597-11.327-1.270
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -0.642. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -0.771. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -0.771. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-0.642MRQ-0.771+0.128
MRQ-0.771TTM-0.7710.000
TTM-0.771YOY-0.975+0.204
TTM-0.7715Y-1.590+0.820
5Y-1.59010Y-5.110+3.520
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-0.642-3.924+3.282
MRQ-0.771-5.463+4.692
TTM-0.771-6.302+5.531
YOY-0.975-8.457+7.482
5Y-1.590-12.796+11.206
10Y-5.110-13.886+8.776
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Tasman Resources 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 0.22 means the investor is paying $0.22 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Tasman Resources Ltd:

  • The EOD is 0.180. Based on the equity, the company is cheap. +2
  • The MRQ is 0.216. Based on the equity, the company is cheap. +2
  • The TTM is 0.216. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.180MRQ0.216-0.036
MRQ0.216TTM0.2160.000
TTM0.216YOY0.213+0.003
TTM0.2165Y0.461-0.244
5Y0.46110Y1.270-0.810
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD0.1801.161-0.981
MRQ0.2161.511-1.295
TTM0.2161.591-1.375
YOY0.2132.243-2.030
5Y0.4612.501-2.040
10Y1.2702.940-1.670
2. Total Gains per Share

3. Holders & Insider Transactions

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

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Tasman Resources 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---0.024-0.0240%-0.003-88%-0.004-84%-0.001-97%
Book Value Per Share--0.0280.0280%0.052-47%0.046-39%0.044-37%
Current Ratio--0.6610.6610%0.924-29%1.553-57%3.649-82%
Debt To Asset Ratio--0.3900.3900%0.147+166%0.186+110%0.124+215%
Debt To Equity Ratio--0.7730.7730%0.269+187%0.347+123%0.217+255%
Dividend Per Share----0%-0%-0%-0%
Eps---0.008-0.0080%-0.004-55%-0.005-33%-0.006-31%
Free Cash Flow Per Share---0.008-0.0080%-0.011+46%-0.013+64%-0.013+61%
Free Cash Flow To Equity Per Share--0.0010.0010%-0.005+702%0.000+135%0.000+931%
Gross Profit Margin--1.5331.5330%1.978-22%1.5380%1.296+18%
Intrinsic Value_10Y_max--0.014--------
Intrinsic Value_10Y_min---0.139--------
Intrinsic Value_1Y_max---0.008--------
Intrinsic Value_1Y_min---0.013--------
Intrinsic Value_3Y_max---0.017--------
Intrinsic Value_3Y_min---0.041--------
Intrinsic Value_5Y_max---0.018--------
Intrinsic Value_5Y_min---0.069--------
Market Cap3563344.960-20%4276013.9524276013.9520%7910625.811-46%15635957.684-73%42132990.807-90%
Net Profit Margin---1.216-1.2160%-0.627-48%-1.706+40%-2.492+105%
Operating Margin---1.433-1.4330%-1.779+24%-2.610+82%-3.003+110%
Operating Ratio--2.4332.4330%2.779-12%3.612-33%5.357-55%
Pb Ratio0.180-20%0.2160.2160%0.213+1%0.461-53%1.270-83%
Pe Ratio-0.623+17%-0.748-0.7480%-3.042+307%-4.514+504%-12.597+1585%
Price Per Share0.005-20%0.0060.0060%0.011-46%0.022-73%0.059-90%
Price To Free Cash Flow Ratio-0.642+17%-0.771-0.7710%-0.975+26%-1.590+106%-5.110+563%
Price To Total Gains Ratio-0.206+17%-0.247-0.2470%-3.917+1486%1.243-120%1.752-114%
Quick Ratio--0.2410.2410%0.485-50%1.133-79%2.849-92%
Return On Assets---0.176-0.1760%-0.060-66%-0.131-26%-0.128-28%
Return On Equity---0.349-0.3490%-0.110-68%-0.235-33%-0.207-41%
Total Gains Per Share---0.024-0.0240%-0.003-88%-0.004-84%-0.001-97%
Usd Book Value--12894167.39112894167.3910%24190728.144-47%21244388.063-39%20343203.063-37%
Usd Book Value Change Per Share---0.016-0.0160%-0.002-88%-0.003-84%0.000-97%
Usd Book Value Per Share--0.0180.0180%0.034-47%0.030-39%0.029-37%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.005-0.0050%-0.002-55%-0.004-33%-0.004-31%
Usd Free Cash Flow---3618796.020-3618796.0200%-5294656.479+46%-5948693.945+64%-5811344.483+61%
Usd Free Cash Flow Per Share---0.005-0.0050%-0.007+46%-0.008+64%-0.008+61%
Usd Free Cash Flow To Equity Per Share--0.0010.0010%-0.003+702%0.000+135%0.000+931%
Usd Market Cap2324369.917-20%2789243.9012789243.9010%5160101.217-46%10199335.198-73%27483349.903-90%
Usd Price Per Share0.003-20%0.0040.0040%0.007-46%0.014-73%0.039-90%
Usd Profit---3730342.582-3730342.5820%-1696561.199-55%-3243244.863-13%-2956499.197-21%
Usd Revenue--3066547.0993066547.0990%2706497.720+13%2204137.225+39%1574672.487+95%
Usd Total Gains Per Share---0.016-0.0160%-0.002-88%-0.003-84%0.000-97%
 EOD+3 -5MRQTTM+0 -0YOY+10 -245Y+11 -2310Y+12 -22

4.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-0.623
Price to Book Ratio (EOD)Between0-10.180
Net Profit Margin (MRQ)Greater than0-1.216
Operating Margin (MRQ)Greater than0-1.433
Quick Ratio (MRQ)Greater than10.241
Current Ratio (MRQ)Greater than10.661
Debt to Asset Ratio (MRQ)Less than10.390
Debt to Equity Ratio (MRQ)Less than10.773
Return on Equity (MRQ)Greater than0.15-0.349
Return on Assets (MRQ)Greater than0.05-0.176
Total3/10 (30.0%)

4.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5078.880
Ma 20Greater thanMa 500.004
Ma 50Greater thanMa 1000.004
Ma 100Greater thanMa 2000.005
OpenGreater thanClose0.005
Total1/5 (20.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2019-06-302020-06-302021-06-302022-06-302023-06-30
Other Stockholders Equity  15,56478516,3492,03618,385-22918,156-18,1560



Latest Balance Sheet

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

Summary
Total Assets32,418
Total Liabilities12,651
Total Stockholder Equity16,375
 As reported
Total Liabilities 12,651
Total Stockholder Equity+ 16,375
Total Assets = 32,418

Assets

Total Assets32,418
Total Current Assets8,275
Long-term Assets24,144
Total Current Assets
Cash And Cash Equivalents 2,736
Net Receivables 278
Inventory 2,480
Other Current Assets 2,780
Total Current Assets  (as reported)8,275
Total Current Assets  (calculated)8,275
+/-0
Long-term Assets
Property Plant Equipment 8,544
Long Term Investments 958
Intangible Assets 391
Long-term Assets Other 14,251
Long-term Assets  (as reported)24,144
Long-term Assets  (calculated)24,144
+/- 0

Liabilities & Shareholders' Equity

Total Current Liabilities12,521
Long-term Liabilities130
Total Stockholder Equity16,375
Total Current Liabilities
Short-term Debt 10,279
Short Long Term Debt 10,279
Accounts payable 1,418
Other Current Liabilities 264
Total Current Liabilities  (as reported)12,521
Total Current Liabilities  (calculated)22,239
+/- 9,718
Long-term Liabilities
Long term Debt Total 41
Other Liabilities 89
Long-term Liabilities  (as reported)130
Long-term Liabilities  (calculated)130
+/- 0
Total Stockholder Equity
Common Stock42,106
Retained Earnings -43,857
Accumulated Other Comprehensive Income 18,126
Other Stockholders Equity 0
Total Stockholder Equity (as reported)16,375
Total Stockholder Equity (calculated)16,375
+/-0
Other
Capital Stock42,106
Cash And Equivalents2,736
Cash and Short Term Investments 2,736
Common Stock Shares Outstanding 683,213
Current Deferred Revenue561
Liabilities and Stockholders Equity 32,418
Net Debt 7,583
Net Invested Capital 26,695
Net Tangible Assets 15,984
Net Working Capital -4,246
Property Plant and Equipment Gross 28,055
Short Long Term Debt Total 10,319



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 
3,983
3,741
3,964
5,249
10,830
7,687
9,585
23,091
11,843
14,061
15,956
14,020
26,114
25,188
22,281
34,340
40,695
36,542
38,782
37,641
45,529
43,452
32,418
32,41843,45245,52937,64138,78236,54240,69534,34022,28125,18826,11414,02015,95614,06111,84323,0919,5857,68710,8305,2493,9643,7413,983
   > Total Current Assets 
3,311
1,621
369
485
4,224
977
1,798
901
516
2,197
864
1,261
8,756
6,405
2,687
12,948
9,772
6,715
5,336
2,650
8,616
5,786
8,275
8,2755,7868,6162,6505,3366,7159,77212,9482,6876,4058,7561,2618642,1975169011,7989774,2244853691,6213,311
       Cash And Cash Equivalents 
3,304
1,535
294
453
3,755
680
1,707
725
516
2,084
814
746
4,055
1,685
1,276
12,166
8,933
5,660
4,218
1,443
6,012
2,301
2,736
2,7362,3016,0121,4434,2185,6608,93312,1661,2761,6854,0557468142,0845167251,7076803,7554532941,5353,304
       Short-term Investments 
0
0
5
5
5
5
5
0
0
0
0
0
100
0
0
0
0
0
0
0
0
0
0
0000000000100000005555500
       Net Receivables 
6
86
1
23
445
293
91
176
0
113
50
515
1,087
411
90
214
122
318
325
421
600
733
278
278733600421325318122214904111,08751550113017691293445231866
       Other Current Assets 
0
2
74
27
18
4
5
0
0
0
0
0
3,060
3,880
768
75
105
120
58
84
163
188
2,780
2,7801881638458120105757683,8803,060000005418277420
   > Long-term Assets 
672
2,120
3,594
4,764
6,607
6,709
7,787
22,190
11,327
11,864
15,092
12,759
17,358
18,783
19,593
21,393
30,923
29,827
33,446
34,991
36,913
37,666
24,144
24,14437,66636,91334,99133,44629,82730,92321,39319,59318,78317,35812,75915,09211,86411,32722,1907,7876,7096,6074,7643,5942,120672
       Property Plant Equipment 
672
2,120
3,594
4,764
5,296
6,334
7,617
8,686
9,126
9,862
10,886
12,269
16,101
17,332
17,688
18,276
27,212
24,919
26,829
12,032
10,635
10,787
8,544
8,54410,78710,63512,03226,82924,91927,21218,27617,68817,33216,10112,26910,8869,8629,1268,6867,6176,3345,2964,7643,5942,120672
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
100
107
0
0
92
86
2,910
2,640
958
9582,6402,91086920010710000000000000000
       Intangible Assets 
0
0
0
0
0
2
1
0
0
0
0
0
1,208
1,351
1,805
3,009
3,711
4,908
6,524
8,223
9,123
9,987
391
3919,9879,1238,2236,5244,9083,7113,0091,8051,3511,208000001200000
       Other Assets 
0
0
0
0
0
0
1
0
65
0
208
0
50
100
0
0
0
0
0
0
0
0
0
00000000010050020806501000000
> Total Liabilities 
40
133
305
147
114
204
537
199
127
305
170
242
1,197
1,200
1,717
993
3,593
2,517
2,393
7,145
6,424
6,366
12,651
12,6516,3666,4247,1452,3932,5173,5939931,7171,2001,19724217030512719953720411414730513340
   > Total Current Liabilities 
40
133
305
147
114
204
537
199
127
305
170
193
1,141
1,144
1,709
990
2,433
1,507
1,587
1,945
5,919
6,259
12,521
12,5216,2595,9191,9451,5871,5072,4339901,7091,1441,14119317030512719953720411414730513340
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
217
230
247
844
4,773
4,911
10,279
10,2794,9114,7738442472302170000000000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
217
230
247
844
4,771
4,911
10,279
10,2794,9114,7718442472302170000000000000000
       Accounts payable 
0
0
0
0
0
116
409
48
30
188
24
39
156
747
898
774
2,050
1,127
1,146
913
827
1,003
1,418
1,4181,0038279131,1461,1272,0507748987471563924188304840911600000
       Other Current Liabilities 
40
133
305
147
114
89
128
151
97
117
146
154
985
397
811
216
166
149
193
188
319
346
264
264346319188193149166216811397985154146117971511288911414730513340
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
49
56
56
8
3
1,160
1,010
807
5,200
505
107
130
1301075055,2008071,0101,1603856564900000000000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,154
984
772
5,181
497
0
41
4104975,1817729841,1540000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
49
56
56
8
3
5
25
34
18
8
107
89
89107818342553856564900000000000
> Total Stockholder Equity
3,943
3,608
3,659
5,101
8,765
7,482
9,049
22,893
11,716
13,756
15,787
13,778
22,213
21,081
19,400
24,680
25,182
22,951
23,571
20,465
26,468
23,638
16,375
16,37523,63826,46820,46523,57122,95125,18224,68019,40021,08122,21313,77815,78713,75611,71622,8939,0497,4828,7655,1013,6593,6083,943
   Common Stock
4,129
4,177
4,739
6,756
9,270
10,831
13,528
15,511
16,193
19,610
21,220
23,434
23,506
23,506
24,954
27,787
28,614
31,473
35,113
35,116
41,773
41,773
42,106
42,10641,77341,77335,11635,11331,47328,61427,78724,95423,50623,50623,43421,22019,61016,19315,51113,52810,8319,2706,7564,7394,1774,129
   Retained Earnings -43,857-36,291-33,690-31,000-27,106-22,849-15,364-9,256-7,010-3,661-2,385-10,571-9,471-8,479-6,897-6,437-5,130-3,692-505-1,654-1,080-569-186
   Capital Surplus 00000000000000000000000
   Treasury Stock00000000000000000000000
   Other Stockholders Equity 
0
13
0
0
0
0
0
0
0
0
0
0
0
1,236
1,456
6,149
11,932
14,327
15,564
16,349
18,385
18,156
0
018,15618,38516,34915,56414,32711,9326,1491,4561,23600000000000130



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 (+$)
totalRevenue4,701
Cost of Revenue-7,172
Gross Profit-2,471-2,471
 
Operating Income (+$)
Gross Profit-2,471
Operating Expense-4,268
Operating Income-6,739-6,739
 
Operating Expense (+$)
Research Development0
Selling General Administrative1,223
Selling And Marketing Expenses3,049
Operating Expense4,2684,272
 
Net Interest Income (+$)
Interest Income1,669
Interest Expense-1,681
Other Finance Cost-1,618
Net Interest Income-1,630
 
Pretax Income (+$)
Operating Income-6,739
Net Interest Income-1,630
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-18,5375,059
EBIT - interestExpense = -8,420
-18,537
-4,038
Interest Expense1,681
Earnings Before Interest and Taxes (EBIT)-6,739-16,856
Earnings Before Interest and Taxes (EBITDA)-5,635
 
After tax Income (+$)
Income Before Tax-18,537
Tax Provision-0
Net Income From Continuing Ops-18,537-18,537
Net Income-5,719
Net Income Applicable To Common Shares-5,719
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses11,440
Total Other Income/Expenses Net-11,7981,630
 

Technical Analysis of Tasman Resources 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 Tasman Resources Ltd. The general trend of Tasman Resources Ltd is BEARISH with 42.9% 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 Tasman Resources 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 (-42.9%) Bearish trend (42.9%)
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 Tasman Resources 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: 0.005 < 0.005 < 0.005.

The bearish price targets are: 0.005 > 0.005 > 0.005.

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Tasman Resources 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 Tasman Resources Ltd. The current mas is .

The long score for the Moving Averages is 4/14.
The longshort score for the Moving Averages is -6/(-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 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 above the MA 50. +1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is 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

Tasman Resources 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 Tasman Resources Ltd. The current macd is 0.00019774.

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 Tasman Resources 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 Tasman Resources 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 Tasman Resources 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
Tasman Resources Ltd Daily Moving Average Convergence/Divergence (MACD) ChartTasman Resources 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 Tasman Resources Ltd. The current adx is 36.69.

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 Tasman Resources 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.
Tasman Resources 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 Tasman Resources Ltd. The current sar is 0.00423053.

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
Tasman Resources 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 Tasman Resources Ltd. The current rsi is 78.88. The current phase is Overbought 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 -1/(-13 +13).

  • Overbought in bear market: Short-term excessive buying, potential for relief decline. Consider shorting, be cautious of potential pullback. -1
Tasman Resources Ltd Daily Relative Strength Index (RSI) ChartTasman Resources 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 Tasman Resources Ltd. The current phase is Continuation in bear market.

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

  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Tasman Resources Ltd price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Tasman Resources Ltd Daily Stochastic Oscillator ChartTasman Resources 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 Tasman Resources Ltd. The current cci is 102.76.

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
Tasman Resources Ltd Daily Commodity Channel Index (CCI) ChartTasman Resources 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 Tasman Resources Ltd. The current cmo is 82.58.

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
Tasman Resources Ltd Daily Chande Momentum Oscillator (CMO) ChartTasman Resources 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 Tasman Resources Ltd. The current willr is -50.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Tasman Resources Ltd is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Tasman Resources Ltd Daily Williams %R ChartTasman Resources 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 Tasman Resources Ltd.

Tasman Resources 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 Tasman Resources Ltd. The current atr is 0.00022207.

Tasman Resources Ltd Daily Average True Range (ATR) ChartTasman Resources 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 Tasman Resources Ltd. The current obv is -34,352,993.

Tasman Resources Ltd Daily On-Balance Volume (OBV) ChartTasman Resources 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 Tasman Resources Ltd. The current mfi is 97.88.

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

  • MFI > 50: +1
  • MFI > 80: +1
Tasman Resources Ltd Daily Money Flow Index (MFI) ChartTasman Resources Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

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

6.3. Candlestick Patterns

Tasman Resources Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5078.880
Ma 20Greater thanMa 500.004
Ma 50Greater thanMa 1000.004
Ma 100Greater thanMa 2000.005
OpenGreater thanClose0.005
Total1/5 (20.0%)
Penke

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