With energy prices rising, switch to a cheaper plan
Compare Prices Now

How to buy Boart Longyear (BLY) shares

Learn how to easily invest in Boart Longyear shares.

We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!

Boart Longyear is an oil & gas equipment & services business based in Australia. Boart Longyear shares (BLY) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Boart Longyear has a trailing 12-month revenue of around $921.4 million. If you're looking to buy shares, check out the steps below.

How to buy shares in Boart Longyear

  1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the ASX. Our table can help you choose.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, such as your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
  3. Search for Boart Longyear. Find the share by name or ticker symbol: BLY. 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 Boart Longyear reaches your desired price. Look into dollar-cost averaging to spread out your risk, 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 on your investment. Congratulations, you own a part of Boart Longyear. Optimise your portfolio by tracking how your stock and 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 affect your stock.

Boart Longyear stock price (ASX:BLY)

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

Boart Longyear shares at a glance

Information last updated 2022-06-21.
52-week range$2.21 - $7.6
50-day moving average $2.4528
200-day moving average $2.8811
Target price$0.1
PE ratio N/A
Dividend yield $0 (0%)
Earnings per share (TTM) $-0.989

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.
1 - 10 of 10
Name Product Standard brokerage fee Inactivity fee Markets
ThinkMarkets Share Trading
ASX shares
Exclusive: Sign up through Finder and get 3 months of free trading up to 50 trades. Offer available to new customers only.
Following your first three months, enjoy $8 flat fee CHESS sponsored brokerage as well as free live stock data all from the convenience of an easy-to-use mobile app
IG Share Trading
$5 – 8
ASX shares, US shares, UK shares, ETFs, and more
Exclusive: Finder customers who apply for a share trading account in June will be able to trade Aussie shares from $2.50 commission until the end of August. T&Cs apply.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
Tiger Brokers
Tiger Brokers
ASX shares, Global shares, Options trading, US shares, ETFs
Exclusive to Finder: Sign up to Tiger through Finder and on completion of your first deposit of any amount or transfer of shares receive 4 extra free grab shares. T&Cs apply.
Get started with $0 brokerage on ASX and US stocks for the first 3 months upon completion of your first qualifying deposit. Also receive a free Apple share if you deposit $3,000 or more.
SelfWealth (Basic account)
ASX shares, US shares
Trade ASX and US shares for a flat fee of $9.50, regardless of the trade size.
New customers receive free access to Community Insights with SelfWealth Premium for the first 90 days. Follow other investors and benchmark your portfolio performance.
CMC Markets Invest
ASX shares, Global shares, mFunds, ETFs
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 35,000 products, including shares, ETFs and managed funds, plus access up to 15 major global and Australian stock exchanges. Plus, buy Aussie shares for $0 brokerage up to $1,000. (Limited to one buy order per stock per trading day).
Bendigo Invest Direct
ASX shares, Global shares, Options trading, mFunds, ETFs, Warrants
Gain access to 12 markets from one account with Bendigo.
Invest in Australian shares and access major international markets through a trusted local brand. Plus, fine tune your investment knowledge with Bendigo’s advanced research and analysis tools.
GO Markets Share Trading
ASX shares, Forex, CFDs, ETFs
Zero Brokerage on your next 50 trades!
Simply transfer an existing HIN before 30 June and pay no fees on your next 50 transactions. Alternatively, transfer your existing shares and receive 5 transactions at zero cost for each shareholding transferred, once again up to 50 free trades. T & Cs apply
Saxo Capital Markets (Classic account)
ASX shares, Global shares, ETFs
Access 22,000+ stocks on 50+ exchanges worldwide
Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile.
Bell Direct Share Trading
ASX shares, mFunds, ETFs
Get $300 free brokerage until 30 June when you move to Bell Direct. 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.
Superhero share trading
ASX shares, US shares, ETFs
Sign up & fund your account with A$100 or more and receive US$10 of Tesla stocks on Superhero. T&Cs apply.
Enjoy $0 brokerage on US stocks and buying ETFs as well as a flat $5 fee to trade Australian shares.

Compare up to 4 providers

Is it a good time to buy Boart Longyear stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. 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.

Boart Longyear price performance over time

Historical closes compared with the last close of A$2.26

1 week (2022-06-16) -0.88%
1 month (2022-05-26) -9.60%
3 months (2022-03-25) -12.74%
6 months (2021-12-24) -17.22%
1 year (2021-06-25) -62.33%
2 years (2020-06-26) -73.72%
3 years (2019-06-26) -92.47%
5 years (2017-06-26) -99.94%

Is Boart Longyear under- or over-valued?

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

Boart Longyear's EBITDA

Boart Longyear's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $104.4 million (£0.0 million).

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

Boart Longyear financials

Revenue TTM $921.4 million
Operating margin TTM 7.55%
Gross profit TTM $173.7 million
Return on assets TTM 6.6%
Return on equity TTM 0%
Profit margin -6.23%
Book value 0.914
Market capitalisation $654 million

TTM: trailing 12 months

Boart Longyear share dividends

We're not expecting Boart Longyear to pay a dividend over the next 12 months.

Have Boart Longyear's shares ever split?

Boart Longyear's shares were split on a 1:20 basis on 20 September 2021. So if you had owned 20 shares the day before the split, the next day you would own 1 share. This wouldn't directly have changed the overall worth of your Boart Longyear shares – just the quantity. However, indirectly, the new 1900% higher share price could have impacted the market appetite for Boart Longyear shares which in turn could have impacted Boart Longyear's share price.

Boart Longyear share price volatility

Over the last 12 months, Boart Longyear's shares have ranged in value from as little as $2.21 up to $7.6. A popular way to gauge a stock's volatility is its "beta".

BLY.AU volatility(beta: 1.44)Avg. volatility(beta: 1.00)LowHigh

Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Boart Longyear's is 1.4365. This would suggest that Boart Longyear's shares are more volatile than the average for this exchange and represent, relatively speaking, a higher risk (but potentially also market-beating returns).

Boart Longyear overview

Boart Longyear Group Ltd provides drilling services, drilling equipment, and performance tooling for mining and mineral drilling companies in North America, Latin America, the Asia Pacific, Europe, and Africa. The company operates through two segments, Global Drilling Services and Global Products. It offers diamond coring exploration, reverse circulation, large diameter rotary, mine dewatering, water supply, pump services, production, and sonic drilling services. The company also manufactures, markets, and services drill rigs, drill string products, rugged performance tooling, durable drilling consumables, and parts. In addition, it utilizes scanning technology and down-hole instrumentation tools to capture detailed geological data from drilled core and chip samples. Boart Longyear Group Ltd was founded in 1890 and is headquartered in West Valley City, Utah.

Boart Longyear 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.

More guides on Finder

Ask an Expert

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.
Go to site