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Zenith Minerals Ltd
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Let's analyse Zenith Minerals Ltd together

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

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

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

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Quick analysis of Zenith Minerals Ltd (30 sec.)










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

How much money do you get?

How much money do you get?
A$0.00
When do you have the money?
1 year
How often do you get paid?
20.0%

What is your share worth?

Current worth
A$0.05
Expected worth in 1 year
A$-0.04
How sure are you?
70.0%

+ What do you gain per year?

Total Gains per Share
A$-0.09
Return On Investment
-98.9%

For what price can you sell your share?

Current Price per Share
A$0.09
Expected price per share
A$0.063 - A$0.12
How sure are you?
50%

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




Live pricePrice per Share (EOD)

A$0.09

Intrinsic Value Per Share

A$-0.28 - A$-0.12

Total Value Per Share

A$-0.22 - A$-0.07

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




Is Zenith Minerals Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$12m$17.2m-$5.2m-44.0%

How much money is Zenith Minerals Ltd making?

Current yearPrevious yearGrowGrow %
Making money-$6m$955.7k-$7m-115.7%
Net Profit Margin-568.5%131.0%--

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

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




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




  Industry Rankings (Other Industrial Metals & Mining)  


Richest
#440 / 897

Most Revenue
#217 / 897

Most Profit
#784 / 897

Most Efficient
#702 / 897

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

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

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

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

Speculation

The Price per Share of Zenith Minerals Ltd is A$0.093. 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 Zenith Minerals Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

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

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is A$0.05. Based on the TTM, the Book Value Change Per Share is A$-0.02 per quarter. Based on the YOY, the Book Value Change Per Share is A$0.04 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 Zenith Minerals Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 A$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per Share
Usd Eps-0.02-18.5%-0.02-18.5%0.002.9%0.00-2.8%0.00-3.3%
Usd Book Value Change Per Share-0.02-16.1%-0.02-16.1%0.0326.9%0.005.3%0.002.4%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.002.4%0.001.2%
Usd Total Gains Per Share-0.02-16.1%-0.02-16.1%0.0326.9%0.017.7%0.003.6%
Usd Price Per Share0.06-0.06-0.18-0.11-0.09-
Price to Earnings Ratio-3.40--3.40-67.34--8.16--23.83-
Price-to-Total Gains Ratio-3.91--3.91-7.29--3.09-16.82-
Price to Book Ratio1.72-1.72-3.72-5.16-7.21-
Price-to-Total Gains Ratio-3.91--3.91-7.29--3.09-16.82-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.0606639
Number of shares16484
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-0.020.01
Gains per Quarter (16484 shares)-247.28117.84
Gains per Year (16484 shares)-989.14471.34
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-989-999146325461
20-1978-1988292650932
30-2967-29774399751403
40-3957-396658513011874
50-4946-495573116262345
60-5935-594487719512816
70-6924-6933102322763287
80-7913-7922117026013758
90-8902-8911131629264229
100-9891-9900146232514700

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%2.01.00.066.7%2.03.00.040.0%2.08.00.020.0%2.014.01.011.8%
Book Value Change Per Share0.01.00.00.0%2.01.00.066.7%3.02.00.060.0%7.03.00.070.0%11.06.00.064.7%
Dividend per Share0.00.01.00.0%1.00.02.033.3%2.00.03.040.0%2.00.08.020.0%2.00.015.011.8%
Total Gains per Share0.01.00.00.0%2.01.00.066.7%3.02.00.060.0%7.03.00.070.0%11.06.00.064.7%

Fundamentals of Zenith Minerals Ltd

About Zenith Minerals Ltd

Zenith Minerals Limited, together with its subsidiaries, engages in the exploration of mineral properties in Australia, Turkey, and Europe. It explores for gold, lithium, nickel, base metal, manganese, tantalum, copper, zinc, lead, and silver deposits. The company holds 100% interest in the Develin Creek Copper-Zinc project; Red Mountain gold project; the Privateer gold project; the Hayes Hill Lithium-Nickel Project located in south Australia; Yilmia Lithium Project; and the Auburn gold project located in Queensland. It also holds 100% interest in the Split Rocks gold project; Dulcie Far North Gold Project; Kavaklitepe Gold Project located in Turkey; and the Earaheedy Zinc project located in Western Australia. In addition, the company holds interest in the Cowarra Gold project located between Canberra and Cooma; and the Waratah Well project located in Yalgoo, Western Australia. The company was formerly known as Zinc Co Australia Limited and changed its name to Zenith Minerals Limited in November 2010. Zenith Minerals Limited was incorporated in 2006 and is based in West Perth, Australia.

Fundamental data was last updated by Penke on 2024-03-13 22:19:05.

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.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

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

1.1. Profitability of Zenith Minerals Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Zenith Minerals Ltd to the Other Industrial Metals & Mining industry mean.
  • A Net Profit Margin of -568.5% means that $-5.68 for each $1 in revenue is generated as profit.

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

  • The MRQ is -568.5%. The company is making a huge loss. -2
  • The TTM is -568.5%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-568.5%TTM-568.5%0.0%
TTM-568.5%YOY131.0%-699.5%
TTM-568.5%5Y39.4%-607.9%
5Y39.4%10Y-1,219.6%+1,259.0%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-568.5%-36.1%-532.4%
TTM-568.5%-40.5%-528.0%
YOY131.0%-50.7%+181.7%
5Y39.4%-330.2%+369.6%
10Y-1,219.6%-750.2%-469.4%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Zenith Minerals Ltd to the Other Industrial Metals & Mining industry mean.
  • -48.3% Return on Assets means that Zenith Minerals Ltd generated $-0.48 profit for each $1 in assets.

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

  • The MRQ is -48.3%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -48.3%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-48.3%TTM-48.3%0.0%
TTM-48.3%YOY5.5%-53.7%
TTM-48.3%5Y-8.6%-39.6%
5Y-8.6%10Y-42.9%+34.3%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-48.3%-6.0%-42.3%
TTM-48.3%-6.8%-41.5%
YOY5.5%-5.9%+11.4%
5Y-8.6%-9.2%+0.6%
10Y-42.9%-12.0%-30.9%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Zenith Minerals Ltd to the Other Industrial Metals & Mining industry mean.
  • -50.6% Return on Equity means Zenith Minerals Ltd generated $-0.51 for each $1 the owners (shareholders) invested.

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

  • The MRQ is -50.6%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -50.6%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-50.6%TTM-50.6%0.0%
TTM-50.6%YOY5.5%-56.1%
TTM-50.6%5Y-9.1%-41.4%
5Y-9.1%10Y-45.6%+36.4%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-50.6%-6.9%-43.7%
TTM-50.6%-7.5%-43.1%
YOY5.5%-6.2%+11.7%
5Y-9.1%-9.9%+0.8%
10Y-45.6%-12.8%-32.8%

1.2. Operating Efficiency of Zenith Minerals Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Zenith Minerals Ltd is operating .

  • Measures how much profit Zenith Minerals Ltd makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Zenith Minerals Ltd to the Other Industrial Metals & Mining industry mean.
  • An Operating Margin of -195.1% means the company generated $-1.95  for each $1 in revenue (before taxes).

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

  • The MRQ is -195.1%. The company is operating very inefficient. -2
  • The TTM is -195.1%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-195.1%TTM-195.1%0.0%
TTM-195.1%YOY-164.3%-30.7%
TTM-195.1%5Y-296.5%+101.5%
5Y-296.5%10Y-1,509.3%+1,212.7%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-195.1%-285.5%+90.4%
TTM-195.1%-46.7%-148.4%
YOY-164.3%-76.4%-87.9%
5Y-296.5%-361.7%+65.2%
10Y-1,509.3%-693.1%-816.2%
1.2.2. Operating Ratio

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

  • Below 1 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • An Operation Ratio of 2.95 means that the operating costs are $2.95 for each $1 in net sales.

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

  • The MRQ is 2.951. The company is inefficient in keeping operating costs low. -1
  • The TTM is 2.951. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ2.951TTM2.9510.000
TTM2.951YOY1.643+1.307
TTM2.9515Y3.165-0.215
5Y3.16510Y15.664-12.498
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ2.9511.949+1.002
TTM2.9511.923+1.028
YOY1.6432.082-0.439
5Y3.1654.850-1.685
10Y15.6648.674+6.990

1.3. Liquidity of Zenith Minerals Ltd.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • A Current Ratio of 7.63 means the company has $7.63 in assets for each $1 in short-term debts.

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

  • The MRQ is 7.632. The company is very able to pay all its short-term debts. +2
  • The TTM is 7.632. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ7.632TTM7.6320.000
TTM7.632YOY51.715-44.083
TTM7.6325Y17.998-10.366
5Y17.99810Y13.996+4.002
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ7.6322.373+5.259
TTM7.6322.608+5.024
YOY51.7153.429+48.286
5Y17.9984.122+13.876
10Y13.9964.619+9.377
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Zenith Minerals Ltd to the Other Industrial Metals & Mining industry mean.
  • A Quick Ratio of 12.49 means the company can pay off $12.49 for each $1 in debt (using most liquid assets).

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

  • The MRQ is 12.495. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 12.495. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ12.495TTM12.4950.000
TTM12.495YOY76.172-63.678
TTM12.4955Y27.031-14.537
5Y27.03110Y18.489+8.542
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ12.4950.893+11.602
TTM12.4950.856+11.639
YOY76.1721.119+75.053
5Y27.0311.324+25.707
10Y18.4891.428+17.061

1.4. Solvency of Zenith Minerals Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Zenith Minerals Ltd to Other Industrial Metals & Mining industry mean.
  • A Debt to Asset Ratio of 0.05 means that Zenith Minerals Ltd assets are financed with 4.6% credit (debt) and the remaining percentage (100% - 4.6%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.046. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.046. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.046TTM0.0460.000
TTM0.046YOY0.011+0.034
TTM0.0465Y0.035+0.011
5Y0.03510Y0.039-0.004
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0460.192-0.146
TTM0.0460.190-0.144
YOY0.0110.151-0.140
5Y0.0350.212-0.177
10Y0.0390.238-0.199
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Zenith Minerals Ltd to the Other Industrial Metals & Mining industry mean.
  • A Debt to Equity ratio of 4.8% means that company has $0.05 debt for each $1 in shareholders equity.

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

  • The MRQ is 0.048. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.048. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.048TTM0.0480.000
TTM0.048YOY0.011+0.036
TTM0.0485Y0.037+0.011
5Y0.03710Y0.041-0.005
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0480.194-0.146
TTM0.0480.207-0.159
YOY0.0110.155-0.144
5Y0.0370.227-0.190
10Y0.0410.249-0.208

2. Market Valuation of Zenith Minerals Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

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

  • Above 15 is considered overpriced but always compare Zenith Minerals Ltd to the Other Industrial Metals & Mining industry mean.
  • A PE ratio of -3.40 means the investor is paying $-3.40 for every $1 in earnings.

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

  • The EOD is -3.518. Based on the earnings, the company is expensive. -2
  • The MRQ is -3.405. Based on the earnings, the company is expensive. -2
  • The TTM is -3.405. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-3.518MRQ-3.405-0.113
MRQ-3.405TTM-3.4050.000
TTM-3.405YOY67.343-70.747
TTM-3.4055Y-8.164+4.759
5Y-8.16410Y-23.825+15.662
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-3.518-3.757+0.239
MRQ-3.405-5.001+1.596
TTM-3.405-5.557+2.152
YOY67.343-8.469+75.812
5Y-8.164-10.469+2.305
10Y-23.825-11.327-12.498
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -5.156. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -4.989. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -4.989. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-5.156MRQ-4.989-0.166
MRQ-4.989TTM-4.9890.000
TTM-4.989YOY-17.450+12.460
TTM-4.9895Y-15.330+10.341
5Y-15.33010Y-21.268+5.938
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-5.156-3.890-1.266
MRQ-4.989-5.447+0.458
TTM-4.989-6.302+1.313
YOY-17.450-8.457-8.993
5Y-15.330-12.796-2.534
10Y-21.268-13.886-7.382
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • A PB ratio of 1.72 means the investor is paying $1.72 for each $1 in book value.

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

  • The EOD is 1.779. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.722. Based on the equity, the company is underpriced. +1
  • The TTM is 1.722. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.779MRQ1.722+0.057
MRQ1.722TTM1.7220.000
TTM1.722YOY3.720-1.998
TTM1.7225Y5.161-3.439
5Y5.16110Y7.210-2.049
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD1.7791.164+0.615
MRQ1.7221.506+0.216
TTM1.7221.591+0.131
YOY3.7202.243+1.477
5Y5.1612.497+2.664
10Y7.2102.940+4.270
2. Total Gains per Share

3. Holders & Insider Transactions

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

4. Summary

4.1. Key Performance Indicators

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

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.023-0.0230%0.038-160%0.008-404%0.003-774%
Book Value Per Share--0.0520.0520%0.075-31%0.039+35%0.025+108%
Current Ratio--7.6327.6320%51.715-85%17.998-58%13.996-45%
Debt To Asset Ratio--0.0460.0460%0.011+303%0.035+30%0.039+16%
Debt To Equity Ratio--0.0480.0480%0.011+318%0.037+31%0.041+16%
Dividend Per Share----0%-0%0.003-100%0.002-100%
Eps---0.026-0.0260%0.004-736%-0.004-85%-0.005-82%
Free Cash Flow Per Share---0.018-0.0180%-0.016-11%-0.012-33%-0.008-57%
Free Cash Flow To Equity Per Share---0.017-0.0170%0.017-199%-0.001-96%0.000-13725%
Gross Profit Margin--1.0061.0060%0.958+5%1.056-5%1.028-2%
Intrinsic Value_10Y_max---0.124--------
Intrinsic Value_10Y_min---0.277--------
Intrinsic Value_1Y_max---0.009--------
Intrinsic Value_1Y_min---0.019--------
Intrinsic Value_3Y_max---0.029--------
Intrinsic Value_3Y_min---0.065--------
Intrinsic Value_5Y_max---0.053--------
Intrinsic Value_5Y_min---0.119--------
Market Cap32771432.256+3%31714289.28031714289.2800%98666677.760-68%57952577.944-45%46401529.027-32%
Net Profit Margin---5.685-5.6850%1.310-534%0.394-1543%-12.196+115%
Operating Margin---1.951-1.9510%-1.643-16%-2.965+52%-15.093+674%
Operating Ratio--2.9512.9510%1.643+80%3.165-7%15.664-81%
Pb Ratio1.779+3%1.7221.7220%3.720-54%5.161-67%7.210-76%
Pe Ratio-3.518-3%-3.405-3.4050%67.343-105%-8.164+140%-23.825+600%
Price Per Share0.093+3%0.0900.0900%0.280-68%0.164-45%0.132-32%
Price To Free Cash Flow Ratio-5.156-3%-4.989-4.9890%-17.450+250%-15.330+207%-21.268+326%
Price To Total Gains Ratio-4.044-3%-3.913-3.9130%7.287-154%-3.092-21%16.825-123%
Quick Ratio--12.49512.4950%76.172-84%27.031-54%18.489-32%
Return On Assets---0.483-0.4830%0.055-984%-0.086-82%-0.429-11%
Return On Equity---0.506-0.5060%0.055-1015%-0.091-82%-0.456-10%
Total Gains Per Share---0.023-0.0230%0.038-160%0.011-310%0.005-550%
Usd Book Value--12012821.37812012821.3780%17299061.882-31%8890280.064+35%5763605.777+108%
Usd Book Value Change Per Share---0.015-0.0150%0.025-160%0.005-404%0.002-774%
Usd Book Value Per Share--0.0340.0340%0.049-31%0.025+35%0.016+108%
Usd Dividend Per Share----0%-0%0.002-100%0.001-100%
Usd Eps---0.017-0.0170%0.003-736%-0.003-85%-0.003-82%
Usd Free Cash Flow---4146183.180-4146183.1800%-3688298.585-11%-2760464.195-33%-1798793.960-57%
Usd Free Cash Flow Per Share---0.012-0.0120%-0.010-11%-0.008-33%-0.005-57%
Usd Free Cash Flow To Equity Per Share---0.011-0.0110%0.011-199%0.000-96%0.000-13725%
Usd Market Cap21376805.261+3%20687230.89720687230.8970%64360273.903-68%37802466.593-45%30267717.384-32%
Usd Price Per Share0.061+3%0.0590.0590%0.183-68%0.107-45%0.086-32%
Usd Profit---6075582.864-6075582.8640%955715.388-736%-867097.824-86%-1079420.039-82%
Usd Revenue--1068744.6281068744.6280%729561.021+46%512211.139+109%283025.338+278%
Usd Total Gains Per Share---0.015-0.0150%0.025-160%0.007-310%0.003-550%
 EOD+5 -3MRQTTM+0 -0YOY+5 -295Y+8 -2810Y+9 -27

4.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-3.518
Price to Book Ratio (EOD)Between0-11.779
Net Profit Margin (MRQ)Greater than0-5.685
Operating Margin (MRQ)Greater than0-1.951
Quick Ratio (MRQ)Greater than112.495
Current Ratio (MRQ)Greater than17.632
Debt to Asset Ratio (MRQ)Less than10.046
Debt to Equity Ratio (MRQ)Less than10.048
Return on Equity (MRQ)Greater than0.15-0.506
Return on Assets (MRQ)Greater than0.05-0.483
Total4/10 (40.0%)

4.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5044.073
Ma 20Greater thanMa 500.094
Ma 50Greater thanMa 1000.111
Ma 100Greater thanMa 2000.131
OpenGreater thanClose0.092
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
Total Other Income Expense Net 2712575282,0752,6036893,293-9,405-6,113



Latest Balance Sheet

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

Summary
Total Assets19,298
Total Liabilities882
Total Stockholder Equity18,416
 As reported
Total Liabilities 882
Total Stockholder Equity+ 18,416
Total Assets = 19,298

Assets

Total Assets19,298
Total Current Assets6,728
Long-term Assets12,570
Total Current Assets
Cash And Cash Equivalents 2,257
Short-term Investments 4,319
Net Receivables 120
Other Current Assets 32
Total Current Assets  (as reported)6,728
Total Current Assets  (calculated)6,728
+/-0
Long-term Assets
Property Plant Equipment 53
Long Term Investments 182
Long-term Assets Other 12,335
Long-term Assets  (as reported)12,570
Long-term Assets  (calculated)12,570
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities882
Long-term Liabilities0
Total Stockholder Equity18,416
Total Current Liabilities
Accounts payable 551
Other Current Liabilities 330
Total Current Liabilities  (as reported)882
Total Current Liabilities  (calculated)882
+/-0
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Common Stock40,028
Retained Earnings -22,279
Accumulated Other Comprehensive Income 667
Total Stockholder Equity (as reported)18,416
Total Stockholder Equity (calculated)18,416
+/-0
Other
Capital Stock40,028
Cash and Short Term Investments 6,576
Common Stock Shares Outstanding 352,381
Liabilities and Stockholders Equity 19,298
Net Debt -2,257
Net Invested Capital 18,416
Net Tangible Assets 18,416
Net Working Capital 5,846
Property Plant and Equipment Gross 12,555



Balance Sheet

Currency in AUD. All numbers in thousands.

 Trend2023-06-302022-06-302021-06-302020-06-302019-06-302018-06-302017-06-302016-06-302015-06-302014-06-302013-06-302012-06-302011-06-302010-06-302009-06-302008-06-302007-06-30
> Total Assets 
5,134
5,177
4,494
5,586
7,997
5,398
6,575
7,161
2,141
2,800
3,577
5,341
4,632
6,100
13,322
26,824
19,298
19,29826,82413,3226,1004,6325,3413,5772,8002,1417,1616,5755,3987,9975,5864,4945,1775,134
   > Total Current Assets 
0
3,941
2,389
2,447
3,455
1,525
1,507
1,191
776
1,510
2,043
2,549
1,120
1,719
6,586
15,711
6,728
6,72815,7116,5861,7191,1202,5492,0431,5107761,1911,5071,5253,4552,4472,3893,9410
       Cash And Cash Equivalents 
4,736
3,806
2,329
2,389
3,107
1,235
1,386
862
726
1,473
2,005
2,450
1,063
952
1,831
7,905
2,257
2,2577,9051,8319521,0632,4502,0051,4737268621,3861,2353,1072,3892,3293,8064,736
       Short-term Investments 
0
11
0
12
0
13
44
19
2
12
2
49
45
647
4,638
7,469
4,319
4,3197,4694,638647454921221944130120110
       Net Receivables 
33
91
30
27
310
251
54
289
20
20
32
43
7
113
98
299
120
120299981137433220202895425131027309133
       Inventory 
0
0
0
0
0
0
0
0
0
0
0
0
3
-631
-15
-7,468
-4,319
-4,319-7,468-15-6313000000000000
   > Long-term Assets 
0
1,236
2,105
3,138
4,542
3,873
5,068
5,970
1,366
1,290
1,534
2,792
3,512
4,381
6,735
11,113
12,570
12,57011,1136,7354,3813,5122,7921,5341,2901,3665,9705,0683,8734,5423,1382,1051,2360
       Property Plant Equipment 
340
1,236
2,105
2,998
4,362
3,873
5,068
5,970
1,366
1,290
1,531
2,529
3,226
33
21
16
53
531621333,2262,5291,5311,2901,3665,9705,0683,8734,3622,9982,1051,236340
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
3
264
285
355
0
0
182
1820035528526430000000000
       Other Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000
> Total Liabilities 
51
130
134
162
225
204
179
154
135
143
132
244
196
307
341
304
882
88230434130719624413214313515417920422516213413051
   > Total Current Liabilities 
51
130
125
138
199
180
179
154
135
143
132
244
196
307
341
304
882
88230434130719624413214313515417918019913812513051
       Short-term Debt 
0
1
0
0
0
0
0
0
0
0
0
0
50
50
0
0
0
0005050000000000010
       Accounts payable 
34
90
37
91
75
94
125
119
57
13
69
144
44
37
123
79
551
551791233744144691357119125947591379034
       Other Current Liabilities 
0
40
88
47
125
86
179
154
135
143
132
244
145
132
218
225
330
330225218132145244132143135154179861254788400
   > Long-term Liabilities 
0
0
9
23
26
24
0
0
0
0
0
0
0
50
0
0
0
000500000000242623900
       Other Liabilities 
0
0
9
23
26
24
0
0
0
0
0
0
0
0
0
0
0
00000000000242623900
> Total Stockholder Equity
5,083
5,047
4,360
5,424
7,772
5,194
6,396
7,007
2,006
2,658
3,445
5,097
4,436
5,793
12,981
26,520
18,416
18,41626,52012,9815,7934,4365,0973,4452,6582,0067,0076,3965,1947,7725,4244,3605,0475,083
   Common Stock
5,092
5,093
5,093
6,847
9,972
10,005
12,016
13,425
14,775
16,495
18,100
20,476
20,476
22,134
26,543
38,780
40,028
40,02838,78026,54322,13420,47620,47618,10016,49514,77513,42512,01610,0059,9726,8475,0935,0935,092
   Retained Earnings Total Equity00000000000000000
   Accumulated Other Comprehensive Income 
0
761
782
69
69
58
207
91
91
75
193
104
138
99
868
705
667
667705868991381041937591912075869697827610
   Capital Surplus 00000000000000000
   Treasury Stock00000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
91
91
75
193
104
138
-5,694
-12,113
-25,815
-17,749
-17,749-25,815-12,113-5,6941381041937591910000000



Balance Sheet

Currency in AUD. All numbers in thousands.




Cash Flow

Currency in AUD. All numbers in thousands.




Income Statement

Currency in AUD. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue1,638
Cost of Revenue-22
Gross Profit1,6161,616
 
Operating Income (+$)
Gross Profit1,616
Operating Expense-4,812
Operating Income-3,196-3,196
 
Operating Expense (+$)
Research Development0
Selling General Administrative1,929
Selling And Marketing Expenses53
Operating Expense4,8121,982
 
Net Interest Income (+$)
Interest Income2,571
Interest Expense-0
Other Finance Cost-2,470
Net Interest Income101
 
Pretax Income (+$)
Operating Income-3,196
Net Interest Income101
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-9,3082,917
EBIT - interestExpense = -3,196
-9,308
-9,314
Interest Expense0
Earnings Before Interest and Taxes (EBIT)-3,196-9,308
Earnings Before Interest and Taxes (EBITDA)-3,174
 
After tax Income (+$)
Income Before Tax-9,308
Tax Provision-0
Net Income From Continuing Ops-9,314-9,308
Net Income-9,314
Net Income Applicable To Common Shares-9,314
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses4,834
Total Other Income/Expenses Net-6,113-101
 

Technical Analysis of Zenith Minerals Ltd
The psychology behind the price

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

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Zenith Minerals Ltd. The general trend of Zenith Minerals Ltd is BEARISH with 71.4% 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 Zenith Minerals Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator zone transitionsBullish trend (-71.4%) Bearish trend (71.4%)
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 Zenith Minerals Ltd.

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

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 0.11 < 0.11 < 0.12.

The bearish price targets are: 0.071 > 0.063.

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Zenith Minerals Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

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

Score

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

The long score for the Moving Averages is 2/14.
The longshort score for the Moving Averages is -10/(-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 lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 > MA 200: The MA 100 is higher 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

Zenith Minerals Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

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

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

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Zenith Minerals Ltd. The current macd is -0.00395977.

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

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Zenith Minerals Ltd price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Zenith Minerals Ltd. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Zenith Minerals Ltd price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Zenith Minerals Ltd Daily Moving Average Convergence/Divergence (MACD) ChartZenith Minerals Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

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


Score

Let's take a look at the Directional Movement Index (DMI) of Zenith Minerals Ltd. The current adx is 15.80.

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

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

Shows the current trend and potential entry and exit signals.

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

Score

Let's take a look at the Parabolic SAR of Zenith Minerals Ltd. The current sar is 0.10858861.

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

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

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

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

Score

Let's take a look at the Relative Strength Index (RSI) of Zenith Minerals Ltd. The current rsi is 44.07. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending up: The RSI is trending up. +1
Zenith Minerals Ltd Daily Relative Strength Index (RSI) ChartZenith Minerals Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

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

Score

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

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 2/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Zenith Minerals Ltd price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Zenith Minerals Ltd Daily Stochastic Oscillator ChartZenith Minerals Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

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

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

Score

Let's take a look at the Commodity Channel Index (CCI) of Zenith Minerals Ltd. The current cci is -14.78599222.

Zenith Minerals Ltd Daily Commodity Channel Index (CCI) ChartZenith Minerals Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

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

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

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Zenith Minerals Ltd. The current cmo is -7.76296132.

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
Zenith Minerals Ltd Daily Chande Momentum Oscillator (CMO) ChartZenith Minerals Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

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

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

Score

Let's take a look at the Williams %R of Zenith Minerals Ltd. The current willr is -70.83333333.

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

4. Volatility Indicators

4.1 Bollinger Bands

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

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

Score

Let's take a look at the Bollinger Bands of Zenith Minerals Ltd.

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

Score

Let's take a look at the Average True Range (ATR) of Zenith Minerals Ltd. The current atr is 0.0050968.

Zenith Minerals Ltd Daily Average True Range (ATR) ChartZenith Minerals Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

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

Score

Let's take a look at the On-Balance Volume (OBV) of Zenith Minerals Ltd. The current obv is -2,467,362.

Zenith Minerals Ltd Daily On-Balance Volume (OBV) ChartZenith Minerals Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

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

Score

Let's take a look at the Money Flow Index (MFI) of Zenith Minerals Ltd. The current mfi is 71.61.

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
Zenith Minerals Ltd Daily Money Flow Index (MFI) ChartZenith Minerals Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Zenith Minerals Ltd.

6.2. Trading Signals

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

DateIndicatorSignal
2023-11-06STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-08ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-09STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-13STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-14RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-16RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-11-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-11-28SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-29WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-01STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-04MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-07CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-08STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-12STOCH 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).
2023-12-14WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-15STOCH 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).
2023-12-18STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-27MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-28STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-29CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-02MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-05SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-09DMI 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
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-10DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-11CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-15MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-16SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-17STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-25STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-29MACD 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.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-30SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-02CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-05ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-06STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-07MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-09STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-13STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-15STOCH 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).
2024-02-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-28CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-04MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-05SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-03-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-11STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-13STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-14STOCH 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
2024-03-15DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-03-18STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-20DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-22SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-26STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside

6.3. Candlestick Patterns

Zenith Minerals Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5044.073
Ma 20Greater thanMa 500.094
Ma 50Greater thanMa 1000.111
Ma 100Greater thanMa 2000.131
OpenGreater thanClose0.092
Total1/5 (20.0%)
Penke

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