How to buy Aurora Minerals shares
Own Aurora Minerals shares in just a few minutes.
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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 listed in Australian Dollars. Aurora Minerals has a trailing 12-month revenue of around $36,476..
How to buy shares in Aurora Minerals
- 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.
- 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.
- 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.
- 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.
- Decide on how many to buy. At today's price of $0.0244, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
- 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.
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What's in this guide?
- Aurora Minerals key stats
- Compare share trading platforms
- Is Aurora Minerals stock a buy or sell?
- Aurora Minerals performance over time
- Are Aurora Minerals shares over-valued?
- Aurora Minerals's financials
- How volatile are Aurora Minerals shares?
- Does Aurora Minerals pay a dividend?
- Have Aurora Minerals shares ever split?
- Other common questions
Aurora Minerals share priceUse our graph to track the performance of ARM stocks over time.
Aurora Minerals shares at a glance
|52-week range||$0.0056 - $0.0389|
|50-day moving average||$0.0244|
|200-day moving average||$0.0219|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$0.009|
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
Important: Share trading carries risk of capital loss.
Compare share trading platforms
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.
Aurora Minerals price performance over time
|1 week (2021-01-14)||-44.55%|
|1 month (2020-12-24)||-45.78%|
|3 months (2020-10-23)||0%|
|6 months (2020-07-24)||0%|
|1 year (2020-01-23)||119.82%|
|2 years (2019-01-23)||58.44%|
|3 years (2018-01-23)||-24.46%|
|5 years (2016-01-22)||0.83%|
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 3x. In other words, Aurora Minerals shares trade at around 3x 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
|Gross profit TTM||$36,476|
|Return on assets TTM||-22.44%|
|Return on equity TTM||47.8%|
|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 7 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 $0.0056 up to $0.0389. 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 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.
Frequently asked questions
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