Mithril Resources is completing an Inverse Head & Shoulders charting pattern from May 2017 on the monthly candles chart with it still in progress working towards the second shoulder.
https://www.investopedia.com/terms/i/inverseheadandshoulders.asp
https://www.investing.com/equities/mithril-resources-ltd-chart
This suggests a run potentially up to the 6c level (5.9c-6.1c) before possibly retesting the 2.8c (current resistance). Clearly it could just run and have no meaningful retrace as the year heads to Xmas but this will depend on the Gold/Silver market and progress/results in the field for MTH.
JFI
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
67.0¢ |
Change
0.035(5.51%) |
Mkt cap ! $119.9M | |||
| Open | High | Low | Value | Volume |
| 64.5¢ | 69.0¢ | 64.0¢ | $329.8K | 501.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6268 | 67.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 69.0¢ | 75000 | 1 |
View Market Depth
| Last trade - 16.10pm 05/09/2025 (20 minute delay) ? |
| MTH (ASX) Chart |