yes or no ?? report by BST.com EXCALIBUR MINING CORPORATION LIMITED (EXM) Stock Report Internet tracker
14 August, 2008 (11:00:00 AEST)
EXCALIBUR MINING CORPORATION LTD PLUNGES 7.1% ON FIRM VOLUME, IN SIGNIFICANT DOWNTREND August 14, 2008 11:00:00 AEST
Excalibur Mining Corporation Ltd (EXM)Excalibur Mining Corporation Ltd (EXM) plunged 0.10c (or 7.1%) to 1.30c. Compared with the All Ordinaries Index which rose 83.8 points (or 1.7%) on the day, this represented a relative price change of -8.8%.
TECHNICAL ANALYSIS Significant Downtrend Price Trend: The price crashed 13.3% in the last week and 31.6% in the last month. In the last three months the number of falls outnumbered rises 26:10 or 2.6:1. Relativities: Since open its percentile rank in the Australian market was 4. In the Australian market of 2,115 stocks, the stock has a 6-month relative strength of 16 indicating it is trailing 84.0% of the market. Moving Average Price (MAP): In the past 200 days this ratio has been under 0.51 just twice suggesting a support level. The stock is trading below both its MAPs and the 50-day MAP of 1.88c is lower than the 200-day MAP of 2.57c, another bearish indicator. Spotting the Top or Distribution: The price was down on higher volume today. There have been six such events of Distribution in the last three weeks. Combined with the fact that today's close of 1.30c was lower than today's mid-bounce price [average of price high and price low] of 1.3 is a bearish signal. Breakdown: In the last three months the stock has hit a new 52-week low nine times, pointing to a significant downtrend. Resistance: Resistance is apparent at 2.0c. Volume was 2.3 times average during the two occasions when the resistance price was breached in the last one month. In the last one month the highest was at 2.0c on Jul 15, the second advance halted at 2.0c on Jul 16.
PRICE VOLUME DYNAMICS Moving Average Price (MAP): The price to 200-day MAP ratio is 0.51, a bearish indicator. Volume and Turnover Period: There were 3,210,496 shares worth $41,736 traded. The volume was 1.4 times average trading of 2,256,993 shares. The turnover rate in the 12 months to date was 279.4% (or a turnover period of 4 months). This average length of ownership of the stock at 0.4 times the average holding period of 1 year 2 days for stocks in the S&P/ASX 200 Index suggests a larger number of speculators on the share register, making it less safe for long-term investors. Volume Weighted Price (VWP): The price is at a discount of 21.2% to the 1-month volume weighted average price of 1.65c, which may appeal as a value proposition. Beta is 0.8.
PRICE PERFORMANCE RANK IN SECTORS The stock is in 3 sectors. The stock's fall of 7.1% went against the trend set by the following sectors (rank by percentage price change of stock for 1 day;6 months in sector/index in brackets): Quarterly Reporting Entities Sector (rank 180;156 out of 439) which was up 512.7 points or 3.7% to 14,239.7, Total Australian Market (rank 836;733 out of 2136) which was up 75.8 points or 1.4% to 5,352.1, Total Australian Market -x- All Ordinaries Sector (rank 414;361 out of 1274) which was up 32.2 points or 0.6% to 5,206.
SHAREHOLDER RETURNS Trailing One Week: The stock fell three times (60% of the time), was unchanged once (20% of the time) and rose once (20% of the time). The volume was 0.1 times average trading of 11,284,965 shares. The value of $1,000 invested a week ago is $867 [vs $1,010 for the All Ordinaries Index], for a capital loss of $133. Trailing One Month: The stock was unchanged ten times (43% of the time), fell nine times (39% of the time) and rose four times (17% of the time). The volume was 0.2 times average trading of 49,653,846 shares. The value of $1,000 invested a month ago is $684 [vs $1,015 for the All Ordinaries Index], for a capital loss of $316. Trailing One Year: The value of $1,000 invested one year ago is $684 [vs $905 for the All Ordinaries Index], for a capital loss of $316. The total return to shareholders for 1 year is -31.6%. Trailing Five Years: The value of $1,000 invested five years ago is $186, for a capital loss of $814.
FINANCIALS Half Yearly Report released on April 08, 2008; year-on-year comparisons with previous corresponding period: In the half year to December 31, 2007 total revenue was up 438.0% to $489,053; net loss of $397,398.
Annual Report for the year ended June 30, 2007 (year-on-year comparisons with previous corresponding period)- Favourable Changes: total liabilities to total assets down 95.8% to 0.03; current ratio up 4,315.8% to 12.0; NTA per share up 207.0% to $A0.0 (0.6c). Unfavourable Changes: total revenue down 88.0% to $A123,343 ($US97,305); loss of $A1.5m ($US1.2m); EPS reduced 87.6% to $A-0.0 (-0.1c); losses in all of the last 3 years; operating cash flow is negative; total number of shares outstanding up 127.3% to 1,212,025,446. Major Common Size Ratios: total current assets to total assets up from 20.3% to 37.8%; cash to total assets up from 0.3% to 31.7%; depreciation to revenues down from 0.6% to 0.5%; profit before tax to revenues down from -527.5% to -1,183.7%; profit after tax to revenues down from -527.5% to -1,183.7%.
FUNDAMENTALS P/S: The price/sales ratio is 127.7. Price to NTA: The price to net tangible asset backing per share is 1.6.
ISSUED CAPITAL Based on 1,213,068,996 issued shares the market capitalisation is $16 million.
ACTIVITIES Mineral exploration.
BUSINESS NEWS ROUND UP The last 5 snippets from News Bites were: July 04: Excalibur Mining director transfers 4.2m shares, 800k options Excalibur Mining Corporation Ltd director Mark Medcraft Larvis Smith indirectly transferred 4,229,124 shares and 800,000 options off-market on June 30. He holds 29,467,383 shares and 5,600,000 options.
July 04: Excalibur Mining appoints director Excalibur Mining Corporation Ltd appointed Dean Brendan Felton as a director on June 30, 2008. He indirectly holds 100,000 shares.
July 01: Excalibur Mining discovers 4 new zones at Rising Sun Excalibur Mining Corporation Ltd has discovered four new zones of mineralisation at the Rising Sun prospect in its Tennant Creek project, Northern Territory.These include 22m at 21.21 g/t Au from 49m including 1m at 94.90 g/t Au from 51m and 1m at 102 g/t Au from 60m.
April 10: Excalibur finds further Tennant Creek high grades Excalibur Mining Ltd has discovered further high grades at its Rising Sun and Nobels Nob West prospects near Tennant Creek in the Northern Territory. Rising Sun returned 11m at 30.40g/t Au from 39m, including 3m at 97.47g/t Au, from 46m.Nobles Nob West returned 4m at 6.19g/t Au, including 1m at 14.05g/t Au from 132m.A total of 8,017m of RC drilling and 1,234m of diamond drilling have now been completed.
February 15: Excalibur Mining issues directors' replacement options Excalibur Mining Corp Ltd issued directors' replacement options expiring in 2012 for every 2009 option exercised in a placement on February 12, 2008. Mark Smith acquired 2,400,000 shares and 2,400,000 options. He holds 33,696,507 shares and 6,400,000 options. Alexander Bajada acquired 800,000 shares and 800,000 options.
Currency Conversion: Australian Dollar AUD 1 = US$ 0.9347 [or US$1=AUD 1.07]; Against the US$ the AUD slumped 130.93 basis points (or 1.3%) for the day; slumped 2.7% for the week; fell 2.2% for the month; soared 22.7% in the past year.
DSE Price at posting:
0.0¢ Sentiment: Sell Disclosure: Not Held
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