How to buy Astro Resources shares

Astro Resources NL is an other industrial metals & mining business based in Australia. Astro Resources shares (ARO) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Astro Resources has a trailing 12-month revenue of around $8,384.

How to buy shares in Astro 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 Astro Resources. Find the share by name or ticker symbol: ARO. 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 Astro 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 $N/A, 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 Astro 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.

Astro Resources share price

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

Astro Resources shares at a glance

• Key figures

Information last updated 2020-09-25.

52-week range	AUDA$0.001 - AUDA$0.01
50-day moving average	AUDA$0.0045
200-day moving average	AUDA$0.0028
Target price	N/A
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.001

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AUD 8

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• Brokerage - AU shares: From AUD 5 or 0.05%
• Brokerage - US shares: USD 0
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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 Astro 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 Astro Resources NL by TradingView

Astro Resources financials

Revenue TTM	$8,384
Gross profit TTM	$11,143
Return on assets TTM	-7.74%
Return on equity TTM	-40.15%
Profit margin	0%
Book value	0.001
Market capitalisation	$11.7 million

TTM: trailing 12 months

Astro Resources share dividends

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

Have Astro Resources's shares ever split?

Astro Resources's shares were split on a 1:100 basis on 1 December 2014. So if you had owned 100 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 Astro Resources shares – just the quantity. However, indirectly, the new 9900% higher share price could have impacted the market appetite for Astro Resources shares which in turn could have impacted Astro Resources's share price.

Astro Resources share price volatility

Over the last 12 months, Astro Resources's shares have ranged in value from as little as $0.001 up to $0.01. 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 Astro Resources's is 0.3271. This would suggest that Astro Resources's shares are less volatile than average (for this exchange).

Astro Resources overview

Astro Resources NL explores for and develops mineral resources properties. It primarily explores for mineral sands, diamond, and gold deposits. The company operates through three segments: Heavy Minerals, Diamond Exploration, and Gold Exploration. It holds an interests in the Governor Broome mineral sands project located in the south-west region of Western Australia; and East Kimberley diamond project located in the northeast region of Western Australia. Astro Resources NL is based in Sydney, Australia.

Frequently asked questions

• What percentage of Astro Resources is owned by insiders?

  Currently 66.842% of Astro Resources shares are held by insiders.

• When does the fiscal year end for Astro Resources?

  Astro Resources's fiscal year ends in June.

• Where is Astro Resources based?

  Astro Resources's address is: 189 kent street, Sydney, NSW, Australia, 2000

• What is Astro Resources's ISIN number?

  Astro Resources's international securities identification number is: AU000000ARO8