How to buy Blackham Resources shares | BLK historical share price and analysis
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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

  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 share price

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$0.007 - $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, ETFs
Pay zero brokerage on all Australian ETFs.
Trade ASX stocks with a flat $5 commission fee and a low minimum investment of just $100.
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Bell Direct Share Trading
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Bell Direct Share Trading
AUD $15
No
ASX shares, mFunds, ETFs
Exclusive: New customers who open an account with Bell Direct through Finder will pay no brokerage fees on the first five stock or ETF trades until April 30, 2021 (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.
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IG Share Trading
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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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CMC Markets Stockbroking
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CMC Markets Stockbroking
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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ANZ Share Investing
ANZ Share Investing
AUD 19.95
No
ASX shares, Global shares, Options trading, mFunds, ETFs, Warrants
Earn 1 Qantas Point per AU$3 spent on brokerage fees on certain instruments.
Access Morningstar reports, company announcements and and live pricing via ANZ’s share investing platform. Available for desktop and mobile.
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Westpac Online Investing Account
Westpac Online Investing Account
AUD 19.95 or 0.11%
USD 63.50 per year on the global markets account
ASX shares, Global shares, Options trading, ETFs
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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.

Technical Analysis of Wiluna Mining Corporation Limited by TradingView

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 $0.007 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.

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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