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How to buy Andromeda Metals shares

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Andromeda Metals Limited is an other industrial metals & mining business based in Australia. Andromeda Metals shares (ADN) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Andromeda Metals has a trailing 12-month revenue of around $98,500.

How to buy shares in Andromeda Metals

  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 Andromeda Metals. Find the share by name or ticker symbol: ADN. 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 Andromeda Metals 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 $0.135, 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 Andromeda Metals. 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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What's in this guide?

  1. Andromeda Metals key stats
  2. Compare share trading platforms
  3. Is Andromeda Metals stock a buy or sell?
  4. Andromeda Metals performance over time
  5. Andromeda Metals's financials
  6. How volatile are Andromeda Metals shares?
  7. Does Andromeda Metals pay a dividend?
  8. Have Andromeda Metals shares ever split?
  9. Other common questions

How has coronavirus impacted Andromeda Metals's share price?

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

Its last market close was $0.135, which is 67.41% up on its pre-crash value of $0.044 and 610.53% up on the lowest point reached during the March crash when the shares fell as low as $0.019.

If you had bought $1,000 worth of Andromeda Metals shares at the start of February 2020, those shares would have been worth $466.67 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 $3,000.00.

Andromeda Metals share price

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

Andromeda Metals shares at a glance

Information last updated 2020-10-21.
52-week range$0.021 - $0.185
50-day moving average $0.1149
200-day moving average $0.0658
Target priceN/A
PE ratio N/A
Dividend yield N/A (0%)
Earnings per share (TTM) $-0.001

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
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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.
Data indicated here is updated regularly
Name Product Standard brokerage fee Inactivity fee Markets
IG Share Trading
Finder Award
IG Share Trading
AUD 8 or 0.1%
AUD 50 per quarter if you make fewer than three trades in that period
ASX shares, Global shares, Forex, CFDs, Margin trading
$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, forex and CFDs, plus get access to 24-hour customer support.
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Bell Direct Share Trading
Finder Award
Bell Direct Share Trading
AUD 15 or 0.1%
No
ASX shares, mFunds
Invest in Australian shares, options and managed funds from the one account with no inactivity fee.
Bell Direct offers a one-second placement guarantee on market-to-limit ASX orders or your trade is free, plus enjoy extensive free research reports from top financial experts.
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Superhero share trading
Superhero share trading
AUD 5
No
ASX shares
Pay zero brokerage on all Australian ETFs.
Trade ASX stocks with a flat $5 commission fee and a low minimum investment of just $100.
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CMC Markets Stockbroking
Finder Award
CMC Markets Stockbroking
AUD 11 or 0.1%
No
ASX shares, Global shares, Forex, CFDs, Margin trading, Options trading, mFunds
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 9,000 products, including shares, managed funds, forex, commodities and cryptocurrencies, plus access up to 15 major global and Australian stock exchanges.
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ANZ Share Investing
ANZ Share Investing
AUD 19.95
No
ASX shares, Global shares, Options trading, mFunds, ETFs, Warrants
Earn 1 Qantas Point per AU$3 spent on brokerage fees on certain instruments.
Access Morningstar reports, company announcements and and live pricing via ANZ’s share investing platform. Available for desktop and mobile.
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Westpac Online Investing Account
Westpac Online Investing Account
AUD 19.95 or 0.11%
AUD 63.50 per year on the global markets account
ASX shares, Global shares, Options trading, US shares
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Is it a good time to buy Andromeda Metals 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 Andromeda Metals Limited by TradingView

Andromeda Metals price performance over time

Historical closes compared with the close of A$0.135 on 2020-10-22

1 week (2021-01-07) -54.24%
1 month (2020-12-17) -46.00%
3 months (2020-10-16) -3.57%
6 months (2020-07-17) 187.23%
1 year (2020-01-16) 200.00%
2 years (2019-01-16) 1,828.57%
3 years (2018-01-16) 1,400.00%
5 years (2016-01-15) 2,547.06%

Andromeda Metals financials

Revenue TTM $98,500
Gross profit TTM $98,500
Return on assets TTM -23.95%
Return on equity TTM -38.64%
Profit margin 0%
Book value 0.007
Market capitalisation $232.3 million

TTM: trailing 12 months

Andromeda Metals share dividends

We're not expecting Andromeda Metals to pay a dividend over the next 12 months.

Have Andromeda Metals's shares ever split?

Andromeda Metals's shares were split on a 1:10 basis on 19 June 2008. So if you had owned 10 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 Andromeda Metals shares – just the quantity. However, indirectly, the new 900% higher share price could have impacted the market appetite for Andromeda Metals shares which in turn could have impacted Andromeda Metals's share price.

Andromeda Metals share price volatility

Over the last 12 months, Andromeda Metals's shares have ranged in value from as little as $0.021 up to $0.185. 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 Andromeda Metals's is -0.8658. This would suggest that Andromeda Metals's shares have been inversely-correlated to the average (for this exchange) – so when the broader market trended up or down, Andromeda Metals has bucked the trend.

Andromeda Metals overview

Andromeda Metals Limited, together with its subsidiaries, operates as a mineral exploration company in Australia. The company explores for halloysite, gold, and copper deposits. It has an option to acquire 75% interest in the Poochera Halloysite-Kaolin project located to the south-east of Ceduna on the Eyre Peninsula in South Australia. The company was formerly known as Adelaide Resources Limited and changed its name to Andromeda Metals Limited in December 2016. Andromeda Metals Limited was incorporated in 1993 and is headquartered in Unley, Australia.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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