How to buy Blackham Resources shares
Own Blackham Resources shares in just a few minutes.
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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 listed in Australian Dollars. Blackham Resources has a trailing 12-month revenue of around $116.1 million.
How to buy shares in Blackham Resources
- 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 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.
- 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.
- Decide on how many to buy. At today's price of $1.78, 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 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.
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What's in this guide?
- Blackham Resources key stats
- Compare share trading platforms
- Is Blackham Resources stock a buy or sell?
- Blackham Resources performance over time
- Are Blackham Resources shares over-valued?
- Blackham Resources's financials
- How volatile are Blackham Resources shares?
- Does Blackham Resources pay a dividend?
- Have Blackham Resources shares ever split?
- Other common questions
How has coronavirus impacted Blackham Resources's share price?
Since the stock market crash in March caused by coronavirus, Blackham Resources's share price has had significant positive movement.
Its last market close was $1.78, which is 99.27% up on its pre-crash value of $0.013 and 25,328.57% up on the lowest point reached during the March crash when the shares fell as low as $0.007.
If you had bought $1,000 worth of Blackham Resources shares at the start of February 2020, those shares would have been worth $727.27 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 $161,818.18.
Blackham Resources share priceUse our graph to track the performance of BLK stocks over time.
Blackham Resources shares at a glance
|52-week range||$0.007 - $2.18|
|50-day moving average||$1.7692|
|200-day moving average||$1.151|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$-0.043|
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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.
Blackham Resources price performance over time
|1 week (2021-01-06)||N/A|
|1 month (2020-12-13)||N/A|
|3 months (2020-10-16)||1.71%|
|6 months (2020-07-17)||36.92%|
|1 year (2020-01-16)||14,733.33%|
|2 years (2019-01-16)||4,128.03%|
|3 years (2018-01-16)||2,537.04%|
|5 years (2016-01-15)||1,052.85%|
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%|
|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 5 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 $0.007 up to $2.18. 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.
Frequently asked questions
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