St Barbara Ltd (ASX:SBM) Trading Outlook

St Barbara Ltd (ASX:SBM) Trading Outlook

St Barbara Ltd (ASX:SBM) Trading Outlook


Beta: -0.48
Market Cap(Mil.): $1,609.08
Shares Outstanding(Mil.): 495.10
Yield (%):


SBM.AX Industry Sector
P/E (TTM): 15.20 2.94 17.38
EPS (TTM): 0.21
ROI: 20.63 -5.23 8.42
ROE: 77.27 -7.76 9.31

Overall, the bias in prices is: Upwards.

Short term: Prices are stalling.

Intermediate term: Prices are trending.

The projected upper bound is: 3.61.
The projected lower bound is: 2.74.

ST.BARBARA FPO closed down -0.090 at 3.160. Volume was 53% below average (consolidating) and Bollinger Bands were 39% wider than normal.

Open High Low Close Volume___
3.210 3.210 3.120 3.160 2,556,930

Technical Outlook
Short Term: Neutral
Intermediate Term: Bearish
Long Term: Bullish

Moving Averages: 10-period 50-period 200-period
Close: 3.07 3.11 2.11
Volatility: 92 90 91
Volume: 5,030,246 6,882,517 4,782,354

Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish or Bearish trend reflected in the lower ribbon.


ST.BARBARA FPO is currently 49.6% above its 200-period moving average and is in an downward trend. Volatility is relatively normal as compared to the average volatility over the last 10 periods. Our volume indicators reflect volume flowing into and out of SBM.AX at a relatively equal pace (neutral). Our trend forecasting oscillators are currently bearish on SBM.AX and have had this outlook for the last 9 periods.

Momentum Indicators

Momentum is a general term used to describe the speed at which prices move over a given time period. Generally, changes in momentum tend to lead to changes in prices. This expert shows the current values of four popular momentum indicators.

Stochastic Oscillator

One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 55.4688. This is not an overbought or oversold reading. The last signal was a buy 5 period(s) ago.

Relative Strength Index (RSI)

The RSI shows overbought (above 70) and oversold (below 30) areas. The current value of the RSI is 49.64. This is not a topping or bottoming area. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area. The last signal was a sell 37 period(s) ago.

Commodity Channel Index (CCI)

The CCI shows overbought (above 100) and oversold (below -100) areas. The current value of the CCI is 1. This is not a topping or bottoming area. The last signal was a buy 5 period(s) ago.


The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its 9 period signal line. The last signal was a sell 13 period(s) ago.

St Barbara Limited is an Australia-based gold mining company. The Company is engaged in the mining and the sale of gold, mineral exploration and development. The Company’s segments are Leonora Operations and Simberi Operations. The Company’s Leonora Operations is located in Western Australia and consists of the Gwalia underground mine and associated processing plant. The Gwalia underground mine is the Company’s cornerstone asset. The Gwalia deposit has an ore reserve grade of approximately 9.4 grams per ton (g/t) Gold. The Company’s Simberi Operations is located in Papua New Guinea. Its Simberi Operations has an open pit mine, and associated and processing plant. Simberi has operated at its target production run-rate of approximately 100,000 ounces per year. The Company has mineral resources of approximately 9.2 million ounces of contained gold, including ore reserves of around four million ounces of contained gold.

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Shayne Heffernan Funds Manager at HEFFX holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reach a peak market cap of $15b. He has managed and overseen start ups in Mining, Shipping, Technology and Financial Services.

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