How to buy Allegiance Coal shares | A$0.07

Allegiance Coal Limited is a coking coal business based in Australia. Allegiance Coal shares (AHQ) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.07 – the same closing value as a week prior. Allegiance Coal has a trailing 12-month revenue of around $9,454.

How to buy shares in Allegiance Coal

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 Allegiance Coal. Find the share by name or ticker symbol: AHQ. 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 Allegiance Coal 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 $0.07, 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 Allegiance Coal. 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 Allegiance Coal's share price?

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

Its last market close was $0.07, which is 36.36% down on its pre-crash value of $0.11 and 22.81% up on the lowest point reached during the March crash when the shares fell as low as $0.057.

If you had bought $1,000 worth of Allegiance Coal shares at the start of February 2020, those shares would have been worth $459.26 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 $518.52.

Allegiance Coal share price

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

Allegiance Coal shares at a glance

• Key figures

Information last updated 2020-09-15.

Latest market close	AUDA$0.07
52-week range	AUDA$0.057 - AUDA$0.172
50-day moving average	AUDA$0.0736
200-day moving average	AUDA$0.0735
Target price	N/A
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.003

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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 Allegiance Coal 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 Allegiance Coal Limited by TradingView

Allegiance Coal price performance over time

Historical closes compared with the last close of A$0.07

1 week (2020-09-11)	0.07
1 month (2020-08-18)	1.45%
3 months (2020-06-18)	0.07
6 months (2020-03-18)	-4.11%

1 year (2019-09-18)	-56.25%
2 years (2018-09-18)	18.64%
3 years (2017-09-18)	62.79%
5 years (2015-09-14)	40.00%

Allegiance Coal financials

Revenue TTM	$9,454
Gross profit TTM	$-4,188,744
Return on assets TTM	0%
Return on equity TTM	0%
Profit margin	0%
Book value	0.025
Market capitalisation	$43.1 million

TTM: trailing 12 months

Allegiance Coal share dividends

We're not expecting Allegiance Coal to pay a dividend over the next 12 months.

Have Allegiance Coal's shares ever split?

Allegiance Coal's shares were split on a 1:5 basis on 9 November 2016. So if you had owned 5 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Allegiance Coal shares – just the quantity. However, indirectly, the new 400% higher share price could have impacted the market appetite for Allegiance Coal shares which in turn could have impacted Allegiance Coal's share price.

Allegiance Coal share price volatility

Over the last 12 months, Allegiance Coal's shares have ranged in value from as little as $0.057 up to $0.172. 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 Allegiance Coal's is 0.3301. This would suggest that Allegiance Coal's shares are less volatile than average (for this exchange).

Allegiance Coal overview

Allegiance Coal Limited engages in the acquisition, exploration, and development of coal tenements. It holds interests in the New Elk metallurgical coal project located in Las Animas County, in southeast Colorado; Telkwa metallurgical coal project located in British Columbia, Canada; Kilmain Project located in the Bowen Basin; and The Back Creek Project located in the in the Surat Basin. The company was incorporated in 2011 and is based in Sydney, Australia.

Frequently asked questions

• What percentage of Allegiance Coal is owned by insiders or institutions?

  Currently 40.552% of Allegiance Coal shares are held by insiders and 1.718% by institutions.

• When does the fiscal year end for Allegiance Coal?

  Allegiance Coal's fiscal year ends in June.

• Where is Allegiance Coal based?

  Allegiance Coal's address is: 109 Pitt Street, Sydney, NSW, Australia, 2000

• What is Allegiance Coal's ISIN number?

  Allegiance Coal's international securities identification number is: AU000000AHQ4