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How to buy Aurora Minerals (ARM) shares

Learn how to easily invest in Aurora Minerals shares.

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Anax Metals Limited is an other industrial metals & mining business based in Australia. Aurora Minerals shares (ARM) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian Dollars. Aurora Minerals has a trailing 12-month revenue of around $36,476. If you're looking to buy shares, check out the steps below.

How to buy shares in Aurora Minerals

  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 Aurora Minerals. Find the share by name or ticker symbol: ARM. 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 Aurora Minerals 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, 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 Aurora Minerals. 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.

What's in this guide?

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

Aurora Minerals stock price (ASX:ARM)

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

Aurora Minerals shares at a glance

Information last updated 2021-01-28.
52-week range$0.043 - $0.075
50-day moving average $0.0487
200-day moving average $0.035
Target priceN/A
PE ratio 2.4444
Dividend yield N/A (0%)
Earnings per share (TTM) $0.009

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.
Data updated regularly
Name Product Standard brokerage fee Inactivity fee Markets
IG Share Trading
IG Share Trading
AUD $8 or 0.1%
$50 per quarter if you make fewer than three trades in that period
ASX shares, Global shares
$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, plus get access to 24-hour customer support.
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More Info
Superhero share trading
Superhero share trading
$5
No
ASX shares, US shares
Earn up to 15,000 Qantas frequent flyer points when you transfer an exisiting balance or trade. Offer valid for all new and existing Superhero members until 28 February.
Pay zero brokerage on US stocks and all ETFs and just $5 (flat fee) to trade Australian shares from your mobile or desktop.
Go to site
More Info
ThinkMarkets Share Trading
ThinkMarkets Share Trading
AUD $8
No
ASX shares
Limited-time offer: Get 10 free ASX trades ($0 brokerage) when you open a share trading account with ThinkMarkets before 31 December 2021(T&Cs apply). $8 flat fee brokerage for CHESS Sponsored ASX stocks (HIN ownership), plus free live stock price data on an easy to use mobile app.
Go to site
More Info
Bell Direct Share Trading
Exclusive
Bell Direct Share Trading
AUD $15
No
ASX shares, mFunds, ETFs
Finder Exclusive: Get 5 free stock trades and unlimited ETF trades until 31 Dec 2021, when you join Bell Direct. T&Cs apply.
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.
Go to site
More Info
Saxo Capital Markets (Classic account)
Saxo Capital Markets (Classic account)
AUD $5
No
ASX shares, Global shares, ETFs
Access 19,000+ stocks on 40+ exchanges worldwide
Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile.
Go to site
More Info
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Compare up to 4 providers

Is it a good time to buy Aurora Minerals 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.

Is Aurora Minerals under- or over-valued?

Valuing Aurora Minerals stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Aurora Minerals's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Aurora Minerals's P/E ratio

Aurora Minerals's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 2x. In other words, Aurora Minerals shares trade at around 2x recent earnings.

That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Aurora Minerals financials

Revenue TTM $36,476
Gross profit TTM $36,476
Return on assets TTM -22.44%
Return on equity TTM 0%
Profit margin 5394.19%
Book value 0.027
Market capitalisation $4.6 million

TTM: trailing 12 months

Aurora Minerals share dividends

We're not expecting Aurora Minerals to pay a dividend over the next 12 months.

Have Aurora Minerals's shares ever split?

Aurora Minerals's shares were split on a 9:10 basis on 6 October 2020. So if you had owned 10 shares the day before before the split, the next day you'd have owned 9 shares. This wouldn't directly have changed the overall worth of your Aurora Minerals shares – just the quantity. However, indirectly, the new 11.1% higher share price could have impacted the market appetite for Aurora Minerals shares which in turn could have impacted Aurora Minerals's share price.

Aurora Minerals share price volatility

Over the last 12 months, Aurora Minerals's shares have ranged in value from as little as $0.043 up to $0.075. A popular way to gauge a stock's volatility is its "beta".

ARM.AU volatility(beta: 2.1)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Aurora Minerals's is 2.1041. This would suggest that Aurora Minerals's shares are significantly more volatile than the average for this exchange and represent a higher risk.

Aurora Minerals overview

Anax Metals Limited engages in the exploration and evaluation of mineral properties in Australia and West Africa. It explores for gold, silver, copper, graphite, zinc, lead, diamonds, and other precious and base metal deposits. The company was formerly known as Aurora Minerals Limited and changed its name to Anax Metals Limited in September 2020. Anax Metals Limited was incorporated in 2003 and is based in West Perth, Australia.

Aurora Minerals in the news

There are no recent company news

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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