How to buy Alliance Resources shares | A$0.22

Alliance Resources Limited is a gold business based in Australia. Alliance Resources shares (AGS) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.22 – a decrease of 4.35% over the previous week. Alliance Resources has a trailing 12-month revenue of around $60,000.

How to buy shares in Alliance 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 Alliance Resources. Find the share by name or ticker symbol: AGS. 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 Alliance 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 $0.22, 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 Alliance 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 Alliance Resources's share price?

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

Its last market close was $0.22, which is 45.45% up on its pre-crash value of $0.12 and 144.44% up on the lowest point reached during the March crash when the shares fell as low as $0.09.

If you had bought $1,000 worth of Alliance Resources shares at the start of February 2020, those shares would have been worth $857.14 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 $2,095.24.

Alliance Resources share price

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

Alliance Resources shares at a glance

• Key figures

Information last updated 2020-09-22.

Latest market close	AUDA$0.22
52-week range	AUDA$0.0845 - AUDA$0.255
50-day moving average	AUDA$0.2189
200-day moving average	AUDA$0.1541
Target price	AUDA$0.19
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.012

Share Trading Account Offer

IG Share Trading Offer

AUD 8

Standard brokerage - Australian shares

Share Trading Account Offer

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

Go to site

More info

Important: Share trading carries risk of capital loss.

Compare share trading platforms

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 Alliance 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 Alliance Resources Limited by TradingView

Alliance Resources price performance over time

Historical closes compared with the last close of A$0.22

1 week (2020-09-14)	-4.35%
1 month (2020-08-21)	10.00%
3 months (2020-06-20)	N/A
6 months (2020-03-23)	144.44%

1 year (2019-09-20)	57.14%
2 years (2018-09-21)	112.36%
3 years (2017-09-21)	156.41%
5 years (2015-09-21)	-60.18%

Alliance Resources financials

Revenue TTM	$60,000
Gross profit TTM	$60,000
Return on assets TTM	-8.38%
Return on equity TTM	-13.96%
Profit margin	0%
Book value	0.089
Market capitalisation	$40.1 million

TTM: trailing 12 months

Alliance Resources share dividends

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

Have Alliance Resources's shares ever split?

Alliance Resources's shares were split on a 1:4 basis on 30 November 2016. So if you had owned 4 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 Alliance Resources shares – just the quantity. However, indirectly, the new 300% higher share price could have impacted the market appetite for Alliance Resources shares which in turn could have impacted Alliance Resources's share price.

Alliance Resources share price volatility

Over the last 12 months, Alliance Resources's shares have ranged in value from as little as $0.0845 up to $0.255. 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 Alliance Resources's is 0.1428. This would suggest that Alliance Resources's shares are less volatile than average (for this exchange).

Alliance Resources overview

Alliance Resources Limited, together with its subsidiary, operates as a mineral exploration and mining company in Australia. Its flagship property includes the Wilcherry project comprising 6 exploration licenses covering an area of approximately 1,097 square kilometers located within the southern part of the Gawler Craton in the northern Eyre Peninsula. The company also holds 100% interests in Gundockerta South Nickel-Gold project located in the east of Kalgoorlie Western Australia. Alliance Resources Limited was incorporated in 1994 and is headquartered in Southbank, Australia. Alliance Resources Limited operates as a subsidiary of Abbotsleigh Pty Ltd.

Frequently asked questions

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

  Currently 87.376% of Alliance Resources shares are held by insiders and 12.791% by institutions.

• When does the fiscal year end for Alliance Resources?

  Alliance Resources's fiscal year ends in June.

• Where is Alliance Resources based?

  Alliance Resources's address is: 51-55 City Road, Southbank, VIC, Australia, 3006

• What is Alliance Resources's ISIN number?

  Alliance Resources's international securities identification number is: AU000000AGS2