Technical Analysis for RMD - Richmond Minerals Inc.

Grade Last Price % Change Price Change
D 0.030 50.00% 0.010
RMD closed up 50.0 percent on Friday, November 22, 2024, on 2 percent of normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Up Up

Date Alert Name Type % Chg
Crossed Above 20 DMA Bullish 0.00%
Crossed Above 50 DMA Bullish 0.00%
MACD Bullish Signal Line Cross Bullish 0.00%
Narrow Range Bar Range Contraction 0.00%
Wide Bands Range Expansion 0.00%
Gapped Up Strength 0.00%
Fell Below 20 DMA Bearish 50.00%
Fell Below 50 DMA Bearish 50.00%
MACD Bearish Signal Line Cross Bearish 50.00%
BB Squeeze Ended Range Expansion 50.00%

   Recent Intraday Alerts

Alert Time
Gapped Up (Full) 1 day ago
Rose Above 10 DMA 1 day ago
Up 1 ATR 1 day ago
Up 5% 1 day ago
Up 3% 1 day ago

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Profile

Richmond Minerals Inc. Description

Richmond Minerals Inc. is a mineral exploration company. It is engaged in base and precious metal mining and related activities, such as exploration and development in Northern Ontario and Quebec. It focuses on exploration of the Ridley Lake Gold Project located in the heart of central Ontario's Swayze Greenstone Belt. It also has a 50/50 joint venture partnership with Mag Copper Ltd. in two separate exploration projects in Quebec (the Halle Township Property and the Bondy Lake Project). The Ridley Lake Property is located in Rollo and Raney Townships, Porcupine Mining Division or specifically 40 kilometers southwest of the town of Foleyet and over 120 kilometers west-southwest of the city of Timmins. The Ridley Lake Property consists of 154 mining claims in which it holds a 50% interest in the central block of 35 claims, and a 100% interest in the surrounding block of 119 claims. These claims are located within the western portion of the Swayze-Deloro volcano-metasedimentary belt.


Classification

Sector: Basic Materials
Industry: Industrial Metals & Minerals
Keywords: Mining Mineral Gold Metal Copper Mineral Exploration Minerals Precious Metal Stone Mining Division Ships Partnership Greenstone Belt Timmins Northern Ontario Heart Greenstone Belts Richmond Porcupine Mining Division Precious Metal Mining Swayze Greenstone Belt

Is RMD a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 0.08
52 Week Low 0.015
Average Volume 49,865
200-Day Moving Average 0.033
50-Day Moving Average 0.029
20-Day Moving Average 0.027
10-Day Moving Average 0.025
Average True Range 0.005
RSI (14) 51.69
ADX 9.45
+DI 38.439
-DI 44.075
Chandelier Exit (Long, 3 ATRs) 0.020
Chandelier Exit (Short, 3 ATRs) 0.035
Upper Bollinger Bands 0.036
Lower Bollinger Band 0.018
Percent B (%b) 0.67
BandWidth 63.704
MACD Line -0.001
MACD Signal Line -0.001
MACD Histogram 0.0003
Fundamentals Value
Market Cap 4.18 Million
Num Shares 139 Million
EPS 0.00
Price-to-Earnings (P/E) Ratio -7.50
Price-to-Sales 0.00
Price-to-Book 2.49
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.030
Resistance 3 (R3) 0.030 0.030 0.030
Resistance 2 (R2) 0.030 0.030 0.030 0.030
Resistance 1 (R1) 0.030 0.030 0.030 0.030 0.030
Pivot Point 0.030 0.030 0.030 0.030 0.030
Support 1 (S1) 0.030 0.030 0.030 0.030 0.030
Support 2 (S2) 0.030 0.030 0.030 0.030
Support 3 (S3) 0.030 0.030 0.030
Support 4 (S4) 0.030