Technical Analysis for RMI - Resource Mining Corporation Limited  

Grade Last Price % Change Price Change
F 0.007 0.00% 0.000
RMI closed unchanged on Thursday, November 14, 2024, on 26 percent of normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
Earnings due: Nov 27
*** please verify all earnings dates ***
1 Watcher
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
New Downtrend Bearish 0.00%
Narrow Range Bar Range Contraction 0.00%
Wide Bands Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
Stochastic Buy Signal Bullish 0.00%
Narrow Range Bar Range Contraction 0.00%
Wide Bands Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
Jack-in-the-Box Bearish Bearish Swing Setup 0.00%
Stochastic Buy Signal Bullish 0.00%

   Recent Intraday Alerts

Alert Time
New 52 Week Low 8 days ago
New 52 Week Low 10 days ago
New 52 Week Low 11 days ago
Up 10% 14 days ago
Rose Above Previous Day's High 14 days ago

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Profile

Resource Mining Corporation Limited   Description

Resource Mining Corporation Limited is an Australia-based independent mineral resource company. The Company is engaged in mineral exploration in Papua New Guinea. It is engaged in the development of the Wowo Gap Nickel Laterite Project in southeast Papua New Guinea. The Wowo Gap Nickel Laterite Project is located approximately 200 kilometers east of the Papua New Guinea capital Port Moresby and approximately 30 kilometers from the town of Wanigela situated on Collingwood Bay. The Project hosts nickel-cobalt mineralization within the laterite profile overlying an ultramafic plateau. The Company's subsidiary, Niugini Nickel Limited, is the owner of exploration license 1165, which covers an area of over 90 square kilometers. The exploration license consists of over 30 sub blocks with an area of over 94.40 square kilometers. In addition to EL1165, it also owns an adjacent tenement, EL1980, which hosts potential extensions of the nickel bearing ultramafic unit extending from EL1165.


Classification

Sector: Basic Materials
Industry: Industrial Metals & Minerals
Keywords: Exploration Mining Mineral Exploration Natural Sciences Nickel Cobalt Mineralization Wood Papua New Guinea Profile Mafic Laterite Tram Moresby Port Moresby Regolith Ultramafic Rock

Is RMI 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 0.071
52 Week Low 0.007
Average Volume 363,680
200-Day Moving Average 0.025
50-Day Moving Average 0.013
20-Day Moving Average 0.010
10-Day Moving Average 0.008
Average True Range 0.001
RSI (14) 50.00
ADX 25.1
+DI 27.481
-DI 47.328
Chandelier Exit (Long, 3 ATRs) 0.012
Chandelier Exit (Short, 3 ATRs) 0.010
Upper Bollinger Bands 0.015
Lower Bollinger Band 0.005
Percent B (%b) 0.18
BandWidth 98.039
MACD Line -0.002
MACD Signal Line -0.002
MACD Histogram -0.0001
Fundamentals Value
Market Cap 2.07 Million
Num Shares 296 Million
EPS 0.00
Price-to-Earnings (P/E) Ratio -3.50
Price-to-Sales 0.00
Price-to-Book 0.11
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.007
Resistance 3 (R3) 0.007 0.007 0.007
Resistance 2 (R2) 0.007 0.007 0.007 0.007
Resistance 1 (R1) 0.007 0.007 0.007 0.007 0.007
Pivot Point 0.007 0.007 0.007 0.007 0.007
Support 1 (S1) 0.007 0.007 0.007 0.007 0.007
Support 2 (S2) 0.007 0.007 0.007 0.007
Support 3 (S3) 0.007 0.007 0.007
Support 4 (S4) 0.007