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Theta Gold Mines Ltd
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Let's analyse Theta Gold Mines Ltd together

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

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

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Quick analysis of Theta Gold Mines Ltd (30 sec.)










What can you expect buying and holding a share of Theta Gold Mines Ltd? (30 sec.)

How much money do you get?

How much money do you get?
A$0.02
When do you have the money?
1 year
How often do you get paid?
40.0%

What is your share worth?

Current worth
A$0.00
Expected worth in 1 year
A$-0.03
How sure are you?
60.0%

+ What do you gain per year?

Total Gains per Share
A$0.00
Return On Investment
-2.7%

For what price can you sell your share?

Current Price per Share
A$0.12
Expected price per share
A$0.12 - A$0.145
How sure are you?
50%
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1. Valuation of Theta Gold Mines Ltd (5 min.)




Live pricePrice per Share (EOD)

A$0.12

Intrinsic Value Per Share

A$-0.05 - A$0.10

Total Value Per Share

A$-0.05 - A$0.10

2. Growth of Theta Gold Mines Ltd (5 min.)




Is Theta Gold Mines Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?-$447.1k$3.1m-$3.5m-800.1%

How much money is Theta Gold Mines Ltd making?

Current yearPrevious yearGrowGrow %
Making money-$4.5m-$4.9m$395.7k8.7%
Net Profit Margin-5,905.0%-7,872.2%--

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

3. Financial Health of Theta Gold Mines Ltd (5 min.)




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




  Industry Rankings (Gold)  


Richest
#482 / 516

Most Revenue
#161 / 516

Most Profit
#440 / 516

Most Efficient
#468 / 516
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What can you expect buying and holding a share of Theta Gold Mines Ltd? (5 min.)

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

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

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

Speculation

The Price per Share of Theta Gold Mines Ltd is A$0.12. 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 Theta Gold Mines Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

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

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is A$0.00. Based on the TTM, the Book Value Change Per Share is A$-0.01 per quarter. Based on the YOY, the Book Value Change Per Share is A$-0.01 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is A$0.01 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Theta Gold Mines Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 A$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per Share
Usd Eps-0.01-5.3%-0.01-5.3%-0.01-5.8%-0.01-4.5%-0.01-5.2%
Usd Book Value Change Per Share-0.01-4.2%-0.01-4.2%0.00-2.9%0.00-0.5%0.00-1.1%
Usd Dividend Per Share0.003.7%0.003.7%0.015.2%0.001.8%0.000.9%
Usd Total Gains Per Share0.00-0.4%0.00-0.4%0.002.3%0.001.3%0.00-0.2%
Usd Price Per Share0.04-0.04-0.04-0.10-0.07-
Price to Earnings Ratio-6.68--6.68--5.13--21.57--12.47-
Price-to-Total Gains Ratio-80.21--80.21-13.04--24.59--7.44-
Price to Book Ratio-68.26--68.26-8.12-5.66--2.14-
Price-to-Total Gains Ratio-80.21--80.21-13.04--24.59--7.44-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.077988
Number of shares12822
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.010.00
Usd Total Gains Per Share0.000.00
Gains per Quarter (12822 shares)-6.8619.82
Gains per Year (12822 shares)-27.4379.30
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1230-258-37111-3269
2461-516-64223-64148
3691-774-91334-96227
4922-1032-118446-128306
51152-1289-145557-160385
61383-1547-172668-192464
71613-1805-199780-225543
81844-2063-226891-257622
92074-2321-2531002-289701
102305-2579-2801114-321780

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%0.013.00.00.0%
Book Value Change Per Share0.01.00.00.0%1.02.00.033.3%2.03.00.040.0%5.05.00.050.0%7.06.00.053.8%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%4.00.01.080.0%4.00.06.040.0%4.00.09.030.8%
Total Gains per Share0.01.00.00.0%2.01.00.066.7%3.02.00.060.0%6.04.00.060.0%8.05.00.061.5%
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Fundamentals of Theta Gold Mines Ltd

About Theta Gold Mines Ltd

Theta Gold Mines Limited operates as a gold exploration and development company in South Africa. Its principal property is the Theta project located near the town of Pilgrim's Rest in Mpumalanga Province. The company was formerly known as Stonewall Resources Limited and changed its name to Theta Gold Mines Limited in December 2018. The company was incorporated in 2008 and is based in Sydney, Australia.

Fundamental data was last updated by Penke on 2024-02-20 13:43:05.

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.
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 just not able to pay all its debts by selling its assets.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is expensive.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.
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1.1. Profitability of Theta Gold Mines Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Theta Gold Mines Ltd to the Gold industry mean.
  • A Net Profit Margin of -5,905.0% means that $-59.05 for each $1 in revenue is generated as profit.

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

  • The MRQ is -5,905.0%. The company is making a huge loss. -2
  • The TTM is -5,905.0%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-5,905.0%TTM-5,905.0%0.0%
TTM-5,905.0%YOY-7,872.2%+1,967.1%
TTM-5,905.0%5Y-6,177.1%+272.1%
5Y-6,177.1%10Y-47,769.4%+41,592.2%
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ-5,905.0%-1.9%-5,903.1%
TTM-5,905.0%-5.3%-5,899.7%
YOY-7,872.2%-3.3%-7,868.9%
5Y-6,177.1%-21.9%-6,155.2%
10Y-47,769.4%-29.4%-47,740.0%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Theta Gold Mines Ltd to the Gold industry mean.
  • -35.8% Return on Assets means that Theta Gold Mines Ltd generated $-0.36 profit for each $1 in assets.

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

  • The MRQ is -35.8%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -35.8%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-35.8%TTM-35.8%0.0%
TTM-35.8%YOY-38.5%+2.6%
TTM-35.8%5Y-35.0%-0.8%
5Y-35.0%10Y-40.8%+5.8%
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ-35.8%-3.8%-32.0%
TTM-35.8%-4.7%-31.1%
YOY-38.5%-4.8%-33.7%
5Y-35.0%-7.1%-27.9%
10Y-40.8%-9.2%-31.6%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Theta Gold Mines Ltd to the Gold industry mean.
  • 0.0% Return on Equity means Theta Gold Mines Ltd generated $0.00 for each $1 the owners (shareholders) invested.

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

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-158.5%+158.5%
TTM-5Y-88.6%+88.6%
5Y-88.6%10Y-165.7%+77.1%
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ--3.8%+3.8%
TTM--4.6%+4.6%
YOY-158.5%-5.4%-153.1%
5Y-88.6%-8.5%-80.1%
10Y-165.7%-10.9%-154.8%
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1.2. Operating Efficiency of Theta Gold Mines Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Theta Gold Mines Ltd is operating .

  • Measures how much profit Theta Gold Mines Ltd makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Theta Gold Mines Ltd to the Gold industry mean.
  • An Operating Margin of -3,453.8% means the company generated $-34.54  for each $1 in revenue (before taxes).

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

  • The MRQ is -3,453.8%. The company is operating very inefficient. -2
  • The TTM is -3,453.8%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-3,453.8%TTM-3,453.8%0.0%
TTM-3,453.8%YOY-4,880.4%+1,426.6%
TTM-3,453.8%5Y-4,412.0%+958.2%
5Y-4,412.0%10Y-38,592.0%+34,180.1%
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ-3,453.8%-6.2%-3,447.6%
TTM-3,453.8%1.6%-3,455.4%
YOY-4,880.4%3.5%-4,883.9%
5Y-4,412.0%-9.2%-4,402.8%
10Y-38,592.0%-19.8%-38,572.2%
1.2.2. Operating Ratio

Measures how efficient Theta Gold Mines Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Gold industry mean).
  • An Operation Ratio of 35.77 means that the operating costs are $35.77 for each $1 in net sales.

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

  • The MRQ is 35.773. The company is inefficient in keeping operating costs low. -1
  • The TTM is 35.773. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ35.773TTM35.7730.000
TTM35.773YOY50.670-14.897
TTM35.7735Y46.240-10.466
5Y46.24010Y468.579-422.339
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ35.7731.494+34.279
TTM35.7731.318+34.455
YOY50.6701.343+49.327
5Y46.2401.505+44.735
10Y468.5791.508+467.071
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1.3. Liquidity of Theta Gold Mines Ltd.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Gold industry mean).
  • A Current Ratio of 0.18 means the company has $0.18 in assets for each $1 in short-term debts.

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

  • The MRQ is 0.181. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.181. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.181TTM0.1810.000
TTM0.181YOY0.019+0.163
TTM0.1815Y0.074+0.107
5Y0.07410Y0.246-0.172
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1812.386-2.205
TTM0.1812.568-2.387
YOY0.0193.682-3.663
5Y0.0744.079-4.005
10Y0.2464.493-4.247
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Theta Gold Mines Ltd to the Gold industry mean.
  • A Quick Ratio of 0.15 means the company can pay off $0.15 for each $1 in debt (using most liquid assets).

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

  • The MRQ is 0.152. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.152. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.152TTM0.1520.000
TTM0.152YOY-0.130+0.282
TTM0.1525Y0.025+0.127
5Y0.02510Y0.089-0.063
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1520.792-0.640
TTM0.1520.694-0.542
YOY-0.1300.991-1.121
5Y0.0251.295-1.270
10Y0.0891.426-1.337
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1.4. Solvency of Theta Gold Mines Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Theta Gold Mines Ltd to Gold industry mean.
  • A Debt to Asset Ratio of 1.04 means that Theta Gold Mines Ltd assets are financed with 103.5% credit (debt) and the remaining percentage (100% - 103.5%) is financed by its owners/shareholders. 

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

  • The MRQ is 1.035. The company is just not able to pay all its debts by selling its assets. -1
  • The TTM is 1.035. The company is just not able to pay all its debts by selling its assets. -1
Trends
Current periodCompared to+/- 
MRQ1.035TTM1.0350.000
TTM1.035YOY0.757+0.278
TTM1.0355Y0.733+0.302
5Y0.73310Y0.808-0.075
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0350.194+0.841
TTM1.0350.189+0.846
YOY0.7570.162+0.595
5Y0.7330.221+0.512
10Y0.8080.245+0.563
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Theta Gold Mines Ltd to the Gold industry mean.
  • A Debt to Equity ratio of 0.0% means that company has $0.00 debt for each $1 in shareholders equity.

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

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY3.121-3.121
TTM-5Y1.666-1.666
5Y1.66610Y3.257-1.591
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.196-0.196
TTM-0.196-0.196
YOY3.1210.176+2.945
5Y1.6660.236+1.430
10Y3.2570.272+2.985
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2. Market Valuation of Theta Gold Mines Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Theta Gold Mines Ltd generates.

  • Above 15 is considered overpriced but always compare Theta Gold Mines Ltd to the Gold industry mean.
  • A PE ratio of -6.68 means the investor is paying $-6.68 for every $1 in earnings.

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

  • The EOD is -12.151. Based on the earnings, the company is expensive. -2
  • The MRQ is -6.683. Based on the earnings, the company is expensive. -2
  • The TTM is -6.683. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-12.151MRQ-6.683-5.468
MRQ-6.683TTM-6.6830.000
TTM-6.683YOY-5.125-1.558
TTM-6.6835Y-21.575+14.892
5Y-21.57510Y-12.471-9.104
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
EOD-12.151-2.859-9.292
MRQ-6.683-3.628-3.055
TTM-6.683-4.409-2.274
YOY-5.125-6.732+1.607
5Y-21.575-9.131-12.444
10Y-12.471-9.301-3.170
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -56.942. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -31.318. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -31.318. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-56.942MRQ-31.318-25.624
MRQ-31.318TTM-31.3180.000
TTM-31.318YOY-8.232-23.087
TTM-31.3185Y-33.891+2.573
5Y-33.89110Y-17.987-15.904
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
EOD-56.942-3.228-53.714
MRQ-31.318-4.027-27.291
TTM-31.318-4.935-26.383
YOY-8.232-7.010-1.222
5Y-33.891-11.194-22.697
10Y-17.987-11.608-6.379
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2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Gold industry mean).
  • A PB ratio of -68.26 means the investor is paying $-68.26 for each $1 in book value.

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

  • The EOD is -124.106. Based on the equity, the company is expensive. -2
  • The MRQ is -68.258. Based on the equity, the company is expensive. -2
  • The TTM is -68.258. Based on the equity, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-124.106MRQ-68.258-55.848
MRQ-68.258TTM-68.2580.000
TTM-68.258YOY8.124-76.382
TTM-68.2585Y5.658-73.916
5Y5.65810Y-2.139+7.796
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
EOD-124.1060.942-125.048
MRQ-68.2581.178-69.436
TTM-68.2581.267-69.525
YOY8.1241.809+6.315
5Y5.6582.416+3.242
10Y-2.1392.494-4.633
2. Total Gains per Share

3. Holders & Insider Transactions

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

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4. Summary

4.1. Key Performance Indicators

The key performance indicators of Theta Gold Mines Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.008-0.0080%-0.005-30%-0.001-88%-0.002-73%
Book Value Per Share---0.001-0.0010%0.007-114%0.006-115%0.005-119%
Current Ratio--0.1810.1810%0.019+873%0.074+144%0.246-26%
Debt To Asset Ratio--1.0351.0350%0.757+37%0.733+41%0.808+28%
Debt To Equity Ratio----0%3.121-100%1.666-100%3.257-100%
Dividend Per Share--0.0070.0070%0.010-28%0.003+107%0.002+314%
Eps---0.010-0.0100%-0.011+9%-0.008-15%-0.010-2%
Free Cash Flow Per Share---0.002-0.0020%-0.007+217%-0.005+143%-0.012+446%
Free Cash Flow To Equity Per Share--0.0090.0090%0.011-16%0.009+7%0.003+180%
Gross Profit Margin--1.0001.0000%1.354-26%1.324-24%1.216-18%
Intrinsic Value_10Y_max--0.100--------
Intrinsic Value_10Y_min---0.052--------
Intrinsic Value_1Y_max---0.001--------
Intrinsic Value_1Y_min---0.010--------
Intrinsic Value_3Y_max--0.004--------
Intrinsic Value_3Y_min---0.026--------
Intrinsic Value_5Y_max--0.021--------
Intrinsic Value_5Y_min---0.038--------
Market Cap85384796.160+45%46961637.88846961637.8880%39134698.240+20%113277162.906-59%74427080.653-37%
Net Profit Margin---59.050-59.0500%-78.722+33%-61.771+5%-477.694+709%
Operating Margin---34.538-34.5380%-48.804+41%-44.120+28%-385.920+1017%
Operating Ratio--35.77335.7730%50.670-29%46.240-23%468.579-92%
Pb Ratio-124.106-82%-68.258-68.2580%8.124-940%5.658-1306%-2.139-97%
Pe Ratio-12.151-82%-6.683-6.6830%-5.125-23%-21.575+223%-12.471+87%
Price Per Share0.120+45%0.0660.0660%0.055+20%0.159-59%0.105-37%
Price To Free Cash Flow Ratio-56.942-82%-31.318-31.3180%-8.232-74%-33.891+8%-17.987-43%
Price To Total Gains Ratio-145.837-82%-80.210-80.2100%13.037-715%-24.587-69%-7.443-91%
Quick Ratio--0.1520.1520%-0.130+186%0.025+499%0.089+71%
Return On Assets---0.358-0.3580%-0.385+7%-0.350-2%-0.408+14%
Return On Equity----0%-1.5850%-0.8860%-1.6570%
Total Gains Per Share---0.001-0.0010%0.004-120%0.002-135%0.000-52%
Usd Book Value---447131.200-447131.2000%3130568.300-114%2951975.780-115%2312587.320-119%
Usd Book Value Change Per Share---0.005-0.0050%-0.004-30%-0.001-88%-0.001-73%
Usd Book Value Per Share---0.001-0.0010%0.004-114%0.004-115%0.003-119%
Usd Dividend Per Share--0.0040.0040%0.006-28%0.002+107%0.001+314%
Usd Eps---0.006-0.0060%-0.007+9%-0.005-15%-0.006-2%
Usd Free Cash Flow---974523.089-974523.0890%-3089775.556+217%-2367345.863+143%-5319581.503+446%
Usd Free Cash Flow Per Share---0.001-0.0010%-0.004+217%-0.003+143%-0.007+446%
Usd Free Cash Flow To Equity Per Share--0.0060.0060%0.007-16%0.006+7%0.002+180%
Usd Market Cap55491579.024+45%30520368.46330520368.4630%25433640.386+20%73618828.172-59%48370159.716-37%
Usd Price Per Share0.078+45%0.0430.0430%0.036+20%0.103-59%0.068-37%
Usd Profit---4566847.300-4566847.3000%-4962636.400+9%-3943073.280-14%-4901559.540+7%
Usd Revenue--77338.10077338.1000%63040.300+23%64990.000+19%49616.700+56%
Usd Total Gains Per Share---0.001-0.0010%0.003-120%0.002-135%0.000-52%
 EOD+6 -2MRQTTM+0 -0YOY+20 -155Y+16 -1910Y+18 -17

4.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-12.151
Price to Book Ratio (EOD)Between0-1-124.106
Net Profit Margin (MRQ)Greater than0-59.050
Operating Margin (MRQ)Greater than0-34.538
Quick Ratio (MRQ)Greater than10.152
Current Ratio (MRQ)Greater than10.181
Debt to Asset Ratio (MRQ)Less than11.035
Debt to Equity Ratio (MRQ)Less than10.000
Return on Equity (MRQ)Greater than0.150.000
Return on Assets (MRQ)Greater than0.05-0.358
Total1/10 (10.0%)

4.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5047.096
Ma 20Greater thanMa 500.124
Ma 50Greater thanMa 1000.118
Ma 100Greater thanMa 2000.125
OpenGreater thanClose0.115
Total2/5 (40.0%)



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
Total Stockholder Equity 5,796-1,6984,0984,5908,688-3,8714,817-5,505-688
Net Tangible Assets  5,796-1,6984,0984,5658,663-3,8464,817-5,505-688



Latest Balance Sheet

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

Summary
Total Assets19,603
Total Liabilities20,291
Total Stockholder Equity-688
 As reported
Total Liabilities 20,291
Total Stockholder Equity+ -688
Total Assets = 19,603

Assets

Total Assets19,603
Total Current Assets2,434
Long-term Assets17,169
Total Current Assets
Cash And Cash Equivalents 1,919
Short-term Investments -394
Net Receivables 515
Total Current Assets  (as reported)2,434
Total Current Assets  (calculated)2,040
+/- 394
Long-term Assets
Property Plant Equipment 15,457
Long Term Investments 395
Long-term Assets Other 1,317
Long-term Assets  (as reported)17,169
Long-term Assets  (calculated)17,169
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities13,426
Long-term Liabilities6,865
Total Stockholder Equity-688
Total Current Liabilities
Short-term Debt 11,233
Short Long Term Debt 11,233
Accounts payable 467
Other Current Liabilities 19
Total Current Liabilities  (as reported)13,426
Total Current Liabilities  (calculated)22,952
+/- 9,526
Long-term Liabilities
Long term Debt Total 2,129
Other Liabilities 4,736
Long-term Liabilities  (as reported)6,865
Long-term Liabilities  (calculated)6,865
+/-0
Total Stockholder Equity
Common Stock95,952
Retained Earnings -101,647
Accumulated Other Comprehensive Income 5,007
Total Stockholder Equity (as reported)-688
Total Stockholder Equity (calculated)-688
+/-0
Other
Capital Stock95,952
Cash And Equivalents1,919
Cash and Short Term Investments 1,919
Common Stock Shares Outstanding 604
Current Deferred Revenue1,707
Liabilities and Stockholders Equity 19,603
Net Debt 14,050
Net Invested Capital 15,281
Net Tangible Assets -688
Net Working Capital -10,992
Property Plant and Equipment Gross 15,984
Short Long Term Debt Total 15,969



Balance Sheet

Currency in AUD. All numbers in thousands.

 Trend2023-06-302022-06-302021-06-302020-06-302019-06-302018-06-302017-06-302016-06-302015-06-302014-06-302013-06-302012-06-302011-06-302010-06-30
> Total Assets 
5,775
3,618
2,225
24,641
24,615
18,969
15,254
18,304
18,331
15,025
13,883
19,370
19,853
19,603
19,60319,85319,37013,88315,02518,33118,30415,25418,96924,61524,6412,2253,6185,775
   > Total Current Assets 
4,768
2,484
1,160
5,062
24,464
663
670
2,303
1,167
664
319
380
171
2,434
2,4341713803196641,1672,30367066324,4645,0621,1602,4844,768
       Cash And Cash Equivalents 
4,657
1,858
1,090
3,850
3,071
212
77
1,373
267
489
147
200
22
1,919
1,919222001474892671,373772123,0713,8501,0901,8584,657
       Short-term Investments 
37
19
7
6
13
23
12
416
0
0
0
-524
-1,365
-394
-394-1,365-524000416122313671937
       Net Receivables 
75
90
62
372
40
152
219
514
210
111
172
180
149
515
51514918017211121051421915240372629075
       Other Current Assets 
0
517
0
68
21,340
0
176
0
690
91
0
0
0
0
0000916900176021,3406805170
   > Long-term Assets 
1,006
1,134
1,065
19,578
151
18,306
14,584
16,001
17,165
14,361
13,564
18,990
19,682
17,169
17,16919,68218,99013,56414,36117,16516,00114,58418,30615119,5781,0651,1341,006
       Property Plant Equipment 
134
1,130
1,061
17,015
131
16,305
12,918
14,236
15,232
12,909
12,295
16,859
16,888
15,457
15,45716,88816,85912,29512,90915,23214,23612,91816,30513117,0151,0611,130134
       Long Term Investments 
0
0
0
0
0
0
91
0
0
0
0
525
1,367
395
3951,367525000091000000
       Long-term Assets Other 
872
0
0
62
20
53
1,575
1,765
1,933
1,452
1,269
1,606
1,427
1,317
1,3171,4271,6061,2691,4521,9331,7651,57553206200872
> Total Liabilities 
444
409
290
10,648
16,347
19,581
15,360
15,717
15,595
9,229
9,785
10,682
15,036
20,291
20,29115,03610,6829,7859,22915,59515,71715,36019,58116,34710,648290409444
   > Total Current Liabilities 
185
409
290
8,302
16,347
11,571
13,433
5,731
13,454
7,363
8,101
9,044
9,178
13,426
13,4269,1789,0448,1017,36313,4545,73113,43311,57116,3478,302290409185
       Short-term Debt 
0
302
0
2,138
9,122
5,484
7,963
1,465
9,532
5,195
5,775
7,254
7,749
11,233
11,2337,7497,2545,7755,1959,5321,4657,9635,4849,1222,13803020
       Short Long Term Debt 
0
0
0
0
0
445
7,983
1,437
9,474
7,408
8,415
7,254
7,749
11,233
11,2337,7497,2548,4157,4089,4741,4377,98344500000
       Accounts payable 
0
0
0
0
0
3,455
2,431
1,498
1,771
1,168
927
488
351
467
4673514889271,1681,7711,4982,4313,45500000
       Other Current Liabilities 
0
107
0
639
6,615
1,582
3,052
2,316
2,151
1,000
10
11
13
19
191311101,0002,1512,3163,0521,5826,61563901070
   > Long-term Liabilities 
259
0
0
2,346
0
8,010
1,927
9,986
2,141
1,866
1,684
1,638
5,858
6,865
6,8655,8581,6381,6841,8662,1419,9861,9278,01002,34600259
       Long term Debt Total 
0
0
0
0
0
4,189
269
6,322
211
178
106
84
4,157
2,129
2,1294,157841061782116,3222694,18900000
       Other Liabilities 
0
0
0
0
0
1,955
1,170
1,195
1,362
1,688
1,578
1,555
1,701
4,736
4,7361,7011,5551,5781,6881,3621,1951,1701,95500000
> Total Stockholder Equity
5,331
3,209
1,935
15,024
10,190
2,925
3,684
2,587
2,736
5,796
4,098
8,688
4,817
-688
-6884,8178,6884,0985,7962,7362,5873,6842,92510,19015,0241,9353,2095,331
   Common Stock
5,953
4,880
5,440
45,265
52,114
67,143
77,437
80,856
91,637
75,629
81,349
87,881
92,891
95,952
95,95292,89187,88181,34975,62991,63780,85677,43767,14352,11445,2655,4404,8805,953
   Retained Earnings -101,647-94,620-86,986-82,624-77,134-97,961-85,856-80,714-72,005-48,834-37,081-3,583-1,749-735
   Accumulated Other Comprehensive Income 
113
78
78
6,840
6,910
7,787
6,960
7,587
9,059
7,301
5,373
7,793
6,546
5,007
5,0076,5467,7935,3737,3019,0597,5876,9607,7876,9106,8407878113
   Capital Surplus 00000000000000
   Treasury Stock00000000000000



Balance Sheet

Currency in AUD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in AUD. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue119
Cost of Revenue--
Gross Profit-119
 
Operating Income (+$)
Gross Profit-
Operating Expense-4,257
Operating Income-7-4,257
 
Operating Expense (+$)
Research Development-
Selling General Administrative2,328
Selling And Marketing Expenses-
Operating Expense4,2572,328
 
Net Interest Income (+$)
Interest Income119
Interest Expense-2,446
Other Finance Cost-0
Net Interest Income-2,327
 
Pretax Income (+$)
Operating Income-7
Net Interest Income-2,327
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-7,027436
EBIT - interestExpense = -6,556
-4,553
-4,581
Interest Expense2,446
Earnings Before Interest and Taxes (EBIT)-4,110-4,581
Earnings Before Interest and Taxes (EBITDA)-4,038
 
After tax Income (+$)
Income Before Tax-7,027
Tax Provision-0
Net Income From Continuing Ops-7,027-7,027
Net Income-7,027
Net Income Applicable To Common Shares-7,027
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses7
Total Other Income/Expenses Net-4432,327
 

Technical Analysis of Theta Gold Mines Ltd
The psychology behind the price

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

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Theta Gold Mines Ltd. The general trend of Theta Gold Mines Ltd is BULLISH with 28.6% 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 Theta Gold Mines Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator zone transitionsBullish trend (28.6%) Bearish trend (-28.6%)
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 Theta Gold Mines 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: 0.135 < 0.14 < 0.145.

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

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Theta Gold Mines Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

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

Score

Let's take a look at the Moving Averages of Theta Gold Mines Ltd. The current mas is .

The long score for the Moving Averages is 9/14.
The longshort score for the Moving Averages is 4/(-14 +14).

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

Directionalities and relatives.

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

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

Theta Gold Mines Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

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

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

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Theta Gold Mines Ltd. The current macd is 0.00355789.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal 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 Theta Gold Mines Ltd price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Theta Gold Mines Ltd. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Theta Gold Mines Ltd price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Theta Gold Mines Ltd Daily Moving Average Convergence/Divergence (MACD) ChartTheta Gold Mines Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

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


Score

Let's take a look at the Directional Movement Index (DMI) of Theta Gold Mines Ltd. The current adx is 19.21.

The long score for the Directional Movement Index (DMI) is 1/7.
The longshort score for the Directional Movement Index (DMI) is 1/(-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 Theta Gold Mines Ltd shares, leading to potential upward 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.
Theta Gold Mines Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

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

Score

Let's take a look at the Parabolic SAR of Theta Gold Mines Ltd. The current sar is 0.10693746.

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
Theta Gold Mines Ltd Daily Parabolic SAR Chart
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

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 Theta Gold Mines Ltd. The current rsi is 47.10. The current phase is Correction in bull market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
  • Trending down: The RSI is trending down. -1
Theta Gold Mines Ltd Daily Relative Strength Index (RSI) ChartTheta Gold Mines Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

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

Score

Let's take a look at the Stochastic Oscillator of Theta Gold Mines Ltd. The current phase is Correction in bull market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -4/(-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 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 Theta Gold Mines Ltd price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Theta Gold Mines Ltd Daily Stochastic Oscillator ChartTheta Gold Mines Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

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

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

Score

Let's take a look at the Commodity Channel Index (CCI) of Theta Gold Mines Ltd. The current cci is -22.63475004.

Theta Gold Mines Ltd Daily Commodity Channel Index (CCI) ChartTheta Gold Mines Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

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

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

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Theta Gold Mines Ltd. The current cmo is -14.4785615.

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
Theta Gold Mines Ltd Daily Chande Momentum Oscillator (CMO) ChartTheta Gold Mines Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

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

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

Score

Let's take a look at the Williams %R of Theta Gold Mines Ltd. The current willr is -66.66666667.

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 Theta Gold Mines Ltd is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Theta Gold Mines Ltd Daily Williams %R ChartTheta Gold Mines Ltd Daily Williams %R Chart
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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 Theta Gold Mines Ltd.

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

Score

Let's take a look at the Average True Range (ATR) of Theta Gold Mines Ltd. The current atr is 0.00831639.

Theta Gold Mines Ltd Daily Average True Range (ATR) ChartTheta Gold Mines Ltd Daily Average True Range (ATR) Chart
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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 Theta Gold Mines Ltd. The current obv is 5,284,955.

Theta Gold Mines Ltd Daily On-Balance Volume (OBV) ChartTheta Gold Mines Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

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

Score

Let's take a look at the Money Flow Index (MFI) of Theta Gold Mines Ltd. The current mfi is 55.53.

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

  • MFI > 50: +1
Theta Gold Mines Ltd Daily Money Flow Index (MFI) ChartTheta Gold Mines Ltd Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Theta Gold Mines Ltd.

6.2. Trading Signals

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

DateIndicatorSignal
2023-10-10DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH 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).
2023-10-11STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-10-13DMI 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
2023-10-17STOCH LONG EXITThe %K line crosses below the %D line.
2023-10-23DMI 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
2023-10-26STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-10-30STOCH SHORT EXITThe %K line crosses above the %D line.
2023-10-31CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-02STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-03MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-11-06WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-07CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-09MACD 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.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-13STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-14SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-15MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-17CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-22DMI 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).
2023-11-23DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-24MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-29STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-04MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-05CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-06STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-08MACD 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
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-11WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-13STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-20MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-21MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-22MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-27MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-29SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-02MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-03CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-05STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-16SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-18MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-19ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-23STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-25BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-30RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-01MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-02MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-06WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-08STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-09MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-22DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-23CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-28DMI 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).
2024-02-29STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).

6.3. Candlestick Patterns

Theta Gold Mines Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5047.096
Ma 20Greater thanMa 500.124
Ma 50Greater thanMa 1000.118
Ma 100Greater thanMa 2000.125
OpenGreater thanClose0.115
Total2/5 (40.0%)
Penke

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