How to buy Boart Longyear (BLY) shares

Learn how to easily invest in Boart Longyear shares.

Boart Longyear Limited
AU: BLY - AUD
OIL & GAS EQUIPMENT & SERVICES
A$3.25
- A$2.55 ( - 43.97%)

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Boart Longyear Limited 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 $795.1 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 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 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. 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 Boart Longyear. 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.

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 2021-09-17.
52-week range$0.255 - $1.195
50-day moving average $0.4473
200-day moving average $0.4442
Target price$0.1
PE ratio N/A
Dividend yield N/A (0%)
Earnings per share (TTM) $-1.164

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.
Name Product Standard brokerage fee Inactivity fee Markets
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.
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.
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.
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.
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.
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.
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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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. 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.

Boart Longyear price performance over time

Historical closes compared with the last close of A$3.55

1 week (2021-09-17) -38.79%
1 month (2021-08-24) -38.79%
3 months (2021-06-24) 1,063.93%
6 months (2021-03-24) 517.39%
1 year (2020-09-24) -54.49%
2 years (2019-09-24) -99.97%
3 years (2018-09-24) -99.96%
5 years (2016-09-23) -100.00%

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 $75.3 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 $795.1 million
Operating margin TTM 5.4%
Gross profit TTM $103 million
Return on assets TTM 4.18%
Return on equity TTM 0%
Profit margin -9.49%
Book value -0.012
Market capitalisation $25.7 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 1:300 basis on 31 October 2019. So if you had owned 300 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 Boart Longyear shares – just the quantity. However, indirectly, the new 29900% 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 $0.255 up to $1.195. A popular way to gauge a stock's volatility is its "beta".

BLY.AU volatility(beta: 1.4)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Boart Longyear's is 1.4019. 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 Limited, together with its subsidiaries, provides drilling services, and drilling equipment and performance tooling for mining and mineral drilling companies in North America, Latin America, the Asia Pacific, Europe, the Middle East, and Africa. The company operates through two segments, Global Drilling Services and Global Products. It offers surface and underground coring; reverse circulation, rotary, directional, sonic, production, and water supply drilling; and dewatering and pump services for a range of commodities, such as copper, gold, nickel, zinc, uranium, and other metals and minerals. The company also provides underground exploration rigs, top drive coring drill rigs, chuck drive coring drills, and multipurpose drilling equipment; and underground and surface exploration tooling, such as coring rods, drill rods, casings, subs, diamond products, and wireline systems. In addition, it offers underground rigs/rock drills, and underground and surface top hammer tooling for operating mines; and non-mining sonic rigs and tooling, and multipurpose rigs and tooling. Further, the company provides TruShot, electronic magnetic survey instrument; TruCore, an electronic core orientation tool; TruSub, a drill rig performance monitoring technology; TruScan, a geological sample field screening technology; and parts and services comprising maintenance support, training, commissioning, upgrades, and rig and safety assessment. It also operates My Drill Store, an online Web store. The company was founded in 1890 and is headquartered in Salt Lake 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.

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