How to buy Bounty Mining shares | A$0.029

Bounty Mining Limited is a coking coal business based in Australia. Bounty Mining shares (B2Y) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.029 – the same closing value as a week prior. Bounty Mining has a trailing 12-month revenue of around $106.6 million.

How to buy shares in Bounty Mining

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 Bounty Mining. Find the share by name or ticker symbol: B2Y. 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 Bounty Mining 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 $0.029, 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 Bounty Mining. 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.

How has coronavirus impacted Bounty Mining's share price?

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

Its last market close was $0.029, which is 0.00% up on its pre-crash value of $0.029 and 0.00% up on the lowest point reached during the March crash when the shares fell as low as $0.029.

If you had bought $1,000 worth of Bounty Mining shares at the start of February 2020, those shares would have been worth $1,000.00 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 $1,000.00.

Bounty Mining share price

Use our graph to track the performance of B2Y stocks over time.

Bounty Mining shares at a glance

• Key figures

Information last updated 2020-09-25.

Latest market close	AUDA$0.029
52-week range	AUDA$0.029 - AUDA$0.09
50-day moving average	AUDA$0.029
200-day moving average	AUDA$0.029
Target price	AUDA$0.4
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.092

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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 Bounty Mining 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 Bounty Mining Limited by TradingView

Bounty Mining price performance over time

Historical closes compared with the close of A$0.029 on 2020-09-29

1 week (2020-09-21)	0%
1 month (2020-08-28)	0%
3 months (2020-06-29)	0%
6 months (2020-03-28)	N/A

1 year (2019-09-27)	-63.75%
2 years (2018-09-28)	-90.33%
3 years (2017-09-27)	N/A
5 years (2015-09-27)	N/A

Bounty Mining financials

Revenue TTM	$106.6 million
Gross profit TTM	$-18,266,000
Return on assets TTM	-29.21%
Return on equity TTM	-289.29%
Profit margin	-32.28%
Book value	0
Market capitalisation	$11.2 million

TTM: trailing 12 months

Bounty Mining share dividends

We're not expecting Bounty Mining to pay a dividend over the next 12 months.

Bounty Mining share price volatility

Over the last 12 months, Bounty Mining's shares have ranged in value from as little as $0.029 up to $0.09. 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 Bounty Mining's is 0.601. This would suggest that Bounty Mining's shares are less volatile than average (for this exchange).

Bounty Mining overview

Bounty Mining Limited engages in the exploration, production, and sale of coal in Australia. It holds interests in the Cook Colliery project located in Queensland's Bowen Basin; Minyango coal project located in Central Queensland; Cook North project located in Central Queensland; and Wongai project in Far North Queensland. The company was formerly known as Bounty Industries Ltd. and changed its name to Bounty Mining Limited in November 2008. Bounty Mining Limited was incorporated in 2003 and is based in Sydney, Australia. As of June 30, 2020, Bounty Mining Limited operates as a subsidiary of QCoal Pty Ltd.

Frequently asked questions

• What percentage of Bounty Mining is owned by insiders?

  Currently 73.2% of Bounty Mining shares are held by insiders.

• When does the fiscal year end for Bounty Mining?

  Bounty Mining's fiscal year ends in June.

• Where is Bounty Mining based?

  Bounty Mining's address is: 66 Hunter Street, Sydney, NSW, Australia, 2000

• What is Bounty Mining's ISIN number?

  Bounty Mining's international securities identification number is: AU0000010795