How to buy BMG Resources shares | A$0.14

BMG Resources Limited is an other industrial metals & mining business based in Australia. BMG Resources shares (BMG) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.14 – an increase of 12% over the previous week. BMG Resources has a trailing 12-month revenue of around $39,586.

How to buy shares in BMG 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 BMG Resources. Find the share by name or ticker symbol: BMG. 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 BMG 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 of $0.14, 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 BMG 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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How has coronavirus impacted BMG Resources's share price?

Since the stock market crash in March caused by coronavirus, BMG Resources's share price has had significant positive movement.

Its last market close was $0.14, which is 97.86% up on its pre-crash value of $0.003 and 1,300.00% up on the lowest point reached during the March crash when the shares fell as low as $0.01.

If you had bought $1,000 worth of BMG Resources shares at the start of February 2020, those shares would have been worth $200.00 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 $28,000.00.

BMG Resources share price

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

BMG Resources shares at a glance

• Key figures

Information last updated 2020-10-22.

Latest market close	AUDA$0.14
52-week range	AUDA$0.01 - AUDA$0.145
50-day moving average	AUDA$0.114
200-day moving average	AUDA$0.0629
Target price	N/A
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.002

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Important: Share trading carries risk of capital loss.

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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.

Is it a good time to buy BMG 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 BMG Resources Limited by TradingView

BMG Resources price performance over time

Historical closes compared with the close of A$0.14 on 2020-10-22

1 week (2020-10-15)	27.27%
1 month (2020-09-25)	1,066.67%
3 months (2020-07-24)	180.00%
6 months (2020-04-24)	833.33%

1 year (2019-10-24)	250.00%
2 years (2018-10-24)	16.67%
3 years (2017-10-24)	-17.65%
5 years (2015-10-23)	68.07%

Is BMG Resources under- or over-valued?

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

BMG Resources's EBITDA

BMG Resources's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $278,771.

The EBITDA is a measure of a BMG Resources's overall financial performance and is widely used to measure a its profitability.

BMG Resources financials

Revenue TTM	$39,586
Gross profit TTM	$39,586
Return on assets TTM	-50.82%
Return on equity TTM	-251.49%
Profit margin	0%
Book value	0.002
Market capitalisation	$33.6 million

TTM: trailing 12 months

BMG Resources share dividends

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

Have BMG Resources's shares ever split?

BMG Resources's shares were split on a 1:10 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 1 share. This wouldn't directly have changed the overall worth of your BMG Resources shares – just the quantity. However, indirectly, the new 900% higher share price could have impacted the market appetite for BMG Resources shares which in turn could have impacted BMG Resources's share price.

BMG Resources share price volatility

Over the last 12 months, BMG Resources's shares have ranged in value from as little as $0.01 up to $0.145. 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 BMG Resources's is 4.649. This would suggest that BMG Resources's shares are significantly more volatile than the average for this exchange and represent a higher risk.

BMG Resources overview

BMG Resources Limited, a mineral exploration company, engages in the exploration and development of mineral resource projects in the Republic of Cyprus. The company primarily explores for copper, nickel, zinc, cobalt, gold, silver, and lithium deposits. It holds 30% interest in the Treasure project with 10 exploration licenses covering a total of 36.7 square kilometers located in the Republic of Cyprus. The company also holds interests in the Abercromby Project located in the Wiluna district; the Invincible Project located in district of Central Pilbara; and the South Boddington Project located in 150km south-east of Perth. BMG Resources Limited was incorporated in 2003 and is based in Perth, Australia.

Frequently asked questions

• What percentage of BMG Resources is owned by insiders?

  Currently 62.828% of BMG Resources shares are held by insiders.

• When does the fiscal year end for BMG Resources?

  BMG Resources's fiscal year ends in June.

• Where is BMG Resources based?

  BMG Resources's address is: 225 St Georges Terrace, Perth, WA, Australia, 6000

• What is BMG Resources's ISIN number?

  BMG Resources's international securities identification number is: AU000000BMG3