How to buy Ardea Resources shares | A$0.535

Ardea Resources Limited is an other industrial metals & mining business based in Australia. Ardea Resources shares (ARL) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.535 – an increase of 10.31% over the previous week. and has a market cap (total outstanding shares value) of $62.8 million.

How to buy shares in Ardea 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 Ardea Resources. Find the share by name or ticker symbol: ARL. 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 Ardea 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 $0.535, 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 Ardea 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 Ardea Resources's share price?

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

Its last market close was $0.535, which is 6.54% up on its pre-crash value of $0.5 and 214.71% up on the lowest point reached during the March crash when the shares fell as low as $0.17.

If you had bought $1,000 worth of Ardea Resources shares at the start of February 2020, those shares would have been worth $364.58 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 $1,114.58.

Ardea Resources share price

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

Ardea Resources shares at a glance

• Key figures

Information last updated 2020-09-15.

Latest market close	AUDA$0.535
52-week range	AUDA$0.17 - AUDA$0.8
50-day moving average	AUDA$0.5588
200-day moving average	AUDA$0.3515
Target price	N/A
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.014

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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 Ardea 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 Ardea Resources Limited by TradingView

Ardea Resources price performance over time

Historical closes compared with the last close of A$0.535

1 week (2020-09-11)	10.31%
1 month (2020-08-18)	-7.76%
3 months (2020-06-18)	84.48%
6 months (2020-03-18)	181.58%

1 year (2019-09-18)	-12.30%
2 years (2018-09-18)	0.94%
3 years (2017-09-18)	-47.55%
5 years (2015-09-14)	N/A

Ardea Resources financials

Operating margin TTM	2051.87%
Gross profit TTM	$0
Return on assets TTM	-2.35%
Return on equity TTM	-3.24%
Profit margin	0%
Book value	0.291
Market capitalisation	$62.8 million

TTM: trailing 12 months

Ardea Resources share dividends

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

Ardea Resources share price volatility

Over the last 12 months, Ardea Resources's shares have ranged in value from as little as $0.17 up to $0.8. 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 Ardea Resources's is 1.8554. This would suggest that Ardea 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).

Ardea Resources overview

Ardea Resources Limited engages in the exploration and development of mineral properties in Australia. The company explores for nickel, cobalt, scandium, gold, zinc, silver, and lead deposits. Its principal project include the Goongarrie Nickel-Cobalt Project covering an area of 3,216 square kilometers located in the Kalgoorlie, Western Australia. The company was incorporated in 2016 and is based in West Perth, Australia.

Frequently asked questions

• What percentage of Ardea Resources is owned by insiders?

  Currently 28.383% of Ardea Resources shares are held by insiders.

• When does the fiscal year end for Ardea Resources?

  Ardea Resources's fiscal year ends in June.

• Where is Ardea Resources based?

  Ardea Resources's address is: 45 Ord Street, West Perth, WA, Australia, 6005

• What is Ardea Resources's ISIN number?

  Ardea Resources's international securities identification number is: AU000000ARL4