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How to buy Blackham Resources (BLK) shares

Learn how to easily invest in Blackham Resources shares.

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Wiluna Mining Corporation Limited is a gold business based in Australia. Blackham Resources shares (BLK) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian Dollars. Blackham Resources has a trailing 12-month revenue of around $116.1 million. If you're looking to buy shares, check out the steps below.

How to buy shares in Blackham 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 Blackham Resources. Find the share by name or ticker symbol: BLK. 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 Blackham 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, 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 Blackham 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.

What's in this guide?

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

Blackham Resources stock price (ASX:BLK)

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

Blackham Resources shares at a glance

Information last updated 2021-01-22.
52-week range$1.64 - $2.3
50-day moving average $1.7692
200-day moving average $1.151
Target price$0.25
PE ratio 7.2043
Dividend yield N/A (0%)
Earnings per share (TTM) $-0.043

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
Superhero share trading
Superhero share trading
AUD $5
No
ASX shares, US shares
Australia’s lowest-cost broker for ASX shares and ETFs.
Pay zero brokerage on US stocks and all ETFs and just $5 (flat fee) to trade Australian shares from your mobile or desktop.
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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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Saxo Capital Markets (Classic account)
Saxo Capital Markets (Classic account)
AUD $5
No
ASX shares, Global shares, Forex, CFDs, Margin trading, Options trading, 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.
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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(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.
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HSBC Online Share Trading
HSBC Online Share Trading
AUD $19.95
No
ASX shares, mFunds, ETFs, Bonds
Limited time offer: Get up to $100 in brokerage rebates on your first 5 trades when you sign up to a HSBC Online Share Trading account (T&Cs apply). Make trades online with brokerage fees starting from just $19.95 with an HSBC Online Share Trading account. Plus gain access to complimentary expert research, trading ideas and tools.
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Bell Direct Share Trading
Finder Award
Bell Direct Share Trading
AUD $15
No
ASX shares, mFunds, ETFs
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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CMC Markets Invest
CMC Markets Invest
AUD $11 or 0.1%
No
ASX shares, Global shares, mFunds, ETFs
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 9,000 products, including shares, ETFs and managed funds, plus access up to 15 major global and Australian stock exchanges.
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Is it a good time to buy Blackham 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.

Is Blackham Resources under- or over-valued?

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

Blackham Resources's P/E ratio

Blackham Resources's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 7x. In other words, Blackham Resources shares trade at around 7x 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.

Blackham Resources financials

Revenue TTM $116.1 million
Gross profit TTM $-2,497,000
Return on assets TTM -13.93%
Return on equity TTM -40.02%
Profit margin -33.51%
Book value 2.082
Market capitalisation $60.4 million

TTM: trailing 12 months

Blackham Resources share dividends

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

Have Blackham Resources's shares ever split?

Blackham Resources's shares were split on a 1:100 basis on 4 June 2020. 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 Blackham Resources shares – just the quantity. However, indirectly, the new 9900% higher share price could have impacted the market appetite for Blackham Resources shares which in turn could have impacted Blackham Resources's share price.

Blackham Resources share price volatility

Over the last 12 months, Blackham Resources's shares have ranged in value from as little as $1.64 up to $2.3. 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 Blackham Resources's is -0.3545. This would suggest that Blackham Resources's shares have been inversely-correlated to the average (for this exchange) – so when the broader market trended up or down, Blackham Resources has bucked the trend.

Blackham Resources overview

Blackham Resources Limited explores for and develops gold properties in Australia. The company holds interest in the Matilda?Wiluna gold operation located in Australia. Blackham Resources Limited is based in West Perth, Australia.

Blackham Resources 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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