How to buy Aldoro Resources shares | A$0.099

Aldoro Resources Limited is an other industrial metals & mining business based in Australia. Aldoro Resources shares (ARN) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.099 – an increase of 2.06% over the previous week. and has a market cap (total outstanding shares value) of $6.6 million.

How to buy shares in Aldoro 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 Aldoro Resources. Find the share by name or ticker symbol: ARN. 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 Aldoro 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 $0.099, 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 Aldoro 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.

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How has coronavirus impacted Aldoro Resources's share price?

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

Its last market close was $0.099, which is 61.18% down on its pre-crash value of $0.255 and 23.75% up on the lowest point reached during the March crash when the shares fell as low as $0.08.

If you had bought $1,000 worth of Aldoro Resources shares at the start of February 2020, those shares would have been worth $585.71 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 $707.14.

Aldoro Resources share price

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

Aldoro Resources shares at a glance

• Key figures

Information last updated 2020-10-22.

Latest market close	AUDA$0.099
52-week range	AUDA$0.065 - AUDA$0.305
50-day moving average	AUDA$0.0976
200-day moving average	AUDA$0.1091
Target price	N/A
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.0392

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AUD 8

Standard brokerage - Australian shares

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Competitive broker fees on Australian and international shares

• Brokerage - AU shares: From AUD 5 or 0.05%
• Brokerage - US shares: USD 0
• Sign-up process: Instant
• Support - After hours: Yes

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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 Aldoro 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 Aldoro Resources Limited by TradingView

Aldoro Resources price performance over time

Historical closes compared with the close of A$0.099 on 2020-10-22

1 week (2020-10-16)	2.06%
1 month (2020-09-24)	3.13%
3 months (2020-07-24)	-17.50%
6 months (2020-04-24)	-20.80%

1 year (2019-10-24)	-45.00%
2 years (2018-10-22)	-45.00%
3 years (2017-10-20)	N/A
5 years (2015-10-20)	N/A

Aldoro Resources financials

Gross profit TTM	$0
Return on assets TTM	-17.06%
Return on equity TTM	-34.58%
Profit margin	0%
Book value	0.111
Market capitalisation	$6.6 million

TTM: trailing 12 months

Aldoro Resources share dividends

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

Aldoro Resources share price volatility

Over the last 12 months, Aldoro Resources's shares have ranged in value from as little as $0.065 up to $0.305. 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 Aldoro Resources's is 1.4033. This would suggest that Aldoro Resources's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Aldoro Resources overview

Aldoro Resources Limited, a junior exploration company, engages in the exploration and development of mineral properties in Australia. It primarily explores for nickel, gold, and copper deposits. The company's flagship project is the Penny South project located in the the Youanmi Gold District, Murchison Region of Western Australia. Aldoro Resources Limited was incorporated in 2017 and is based in West Perth, Australia.

Frequently asked questions

• What percentage of Aldoro Resources is owned by insiders?

  Currently 35.548% of Aldoro Resources shares are held by insiders.

• When does the fiscal year end for Aldoro Resources?

  Aldoro Resources's fiscal year ends in June.

• Where is Aldoro Resources based?

  Aldoro Resources's address is: 1 Altona Street, West Perth, WA, Australia, 6005

• What is Aldoro Resources's ISIN number?

  Aldoro Resources's international securities identification number is: AU0000017733