How to buy Alchemy Resources shares | A$0.022

Alchemy Resources Limited is a gold business based in Australia. Alchemy Resources shares (ALY) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.022 – an increase of 22.22% over the previous week. and has a market cap (total outstanding shares value) of $10.1 million.

How to buy shares in Alchemy Resources

1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
3. Search for Alchemy Resources. Find the share by name or ticker symbol: ALY. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Alchemy Resources reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. At today's price of $0.022, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
6. Check in on your investment. Congratulations, you own a part of Alchemy Resources. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

How has coronavirus impacted Alchemy Resources's share price?

Since the stock market crash in March caused by coronavirus, Alchemy Resources's share price has had significant positive movement.

Its last market close was $0.022, which is 45.45% up on its pre-crash value of $0.012 and 144.44% up on the lowest point reached during the March crash when the shares fell as low as $0.009.

If you had bought $1,000 worth of Alchemy Resources shares at the start of February 2020, those shares would have been worth $909.09 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $2,000.00.

Alchemy Resources share price

Use our graph to track the performance of ALY stocks over time.

Alchemy Resources shares at a glance

• Key figures

Information last updated 2020-09-15.

Latest market close	AUDA$0.022
52-week range	AUDA$0.009 - AUDA$0.026
50-day moving average	AUDA$0.0177
200-day moving average	AUDA$0.0149
Target price	N/A
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.024

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Important: Share trading carries risk of capital loss.

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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy Alchemy Resources stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Alchemy Resources Limited by TradingView

Alchemy Resources price performance over time

Historical closes compared with the last close of A$0.022

1 week (2020-09-14)	29.41%
1 month (2020-08-21)	29.41%
3 months (2020-06-19)	10.00%
6 months (2020-03-20)	144.44%

1 year (2019-09-18)	83.33%
2 years (2018-09-21)	34.97%
3 years (2017-09-21)	27.17%
5 years (2015-09-21)	5.77%

Is Alchemy Resources under- or over-valued?

Valuing Alchemy Resources stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Alchemy Resources's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Alchemy Resources's EBITDA

Alchemy Resources's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $4.5 million (£0.0 million).

The EBITDA is a measure of a Alchemy Resources's overall financial performance and is widely used to measure a its profitability.

Alchemy Resources financials

Operating margin TTM	173248.01%
Gross profit TTM	$0
Return on assets TTM	-57.4%
Return on equity TTM	-93.66%
Profit margin	0%
Book value	0.012
Market capitalisation	$10.1 million

TTM: trailing 12 months

Alchemy Resources share dividends

We're not expecting Alchemy Resources to pay a dividend over the next 12 months.

Alchemy Resources share price volatility

Over the last 12 months, Alchemy Resources's shares have ranged in value from as little as $0.009 up to $0.026. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Alchemy Resources's is -0.112. This would suggest that Alchemy Resources's shares have been inversely-correlated to the average (for this exchange) – so when the broader market trended up or down, Alchemy Resources has bucked the trend.

Alchemy Resources overview

Alchemy Resources Limited engages in the discovery, exploration, and development of mineral properties in Australia. The company explores for gold, nickel, cobalt, copper, silver, lead, zinc, and alumina deposits. It owns interests in the West Lynn and Woodsreef projects covering an area of 229 square kilometers located in New South Wales; the Cobar Basin/Lachlan Fold Belt projects located in New South Wales; the Karonie project covering approximately 794 square kilometers located to the east of Kalgoorlie, Western Australia; and the Bryah Basin project comprising 488 square kilometers located to the north east of Meekatharra, Western Australia. The company was incorporated in 2007 and is based in West Perth, Australia.

Frequently asked questions

• What percentage of Alchemy Resources is owned by insiders or institutions?

  Currently 62.11% of Alchemy Resources shares are held by insiders and 0.875% by institutions.

• When does the fiscal year end for Alchemy Resources?

  Alchemy Resources's fiscal year ends in June.

• Where is Alchemy Resources based?

  Alchemy Resources's address is: 8 Clive Street, West Perth, WA, Australia, 6005

• What is Alchemy Resources's ISIN number?

  Alchemy Resources's international securities identification number is: AU000000ALY0