How to buy Carawine Resources shares | A$0.275

Carawine Resources Limited is an other industrial metals & mining business based in Australia. Carawine Resources shares (CWX) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.275 – an increase of 17.02% over the previous week. Carawine Resources has a trailing 12-month revenue of around $26,399.

How to buy shares in Carawine 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 Carawine Resources . Find the share by name or ticker symbol: CWX. 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 Carawine 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 $0.275, 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 Carawine 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.

How has coronavirus impacted Carawine Resources 's share price?

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

Its last market close was $0.275, which is 1.79% down on its pre-crash value of $0.28 and 120.00% up on the lowest point reached during the March crash when the shares fell as low as $0.125.

If you had bought $1,000 worth of Carawine Resources shares at the start of February 2020, those shares would have been worth $810.81 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 $1,486.49.

Carawine Resources share price

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

Carawine Resources shares at a glance

• Key figures

Information last updated 2020-09-25.

Latest market close	AUDA$0.275
52-week range	AUDA$0.125 - AUDA$0.295
50-day moving average	AUDA$0.2217
200-day moving average	AUDA$0.1927
Target price	N/A
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.011

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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 Carawine 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 Carawine Resources Limited by TradingView

Carawine Resources price performance over time

Historical closes compared with the close of A$0.275 on 2020-09-29

1 week (2020-09-23)	17.02%
1 month (2020-08-28)	37.50%
3 months (2020-06-30)	57.14%
6 months (2020-03-30)	83.33%

1 year (2019-09-30)	22.22%
2 years (2018-09-27)	19.57%
3 years (2017-09-27)	N/A
5 years (2015-09-27)	N/A

Carawine Resources financials

Revenue TTM	$26,399
Gross profit TTM	$52,178
Return on assets TTM	-9.83%
Return on equity TTM	-12.48%
Profit margin	0%
Book value	0.128
Market capitalisation	$18.4 million

TTM: trailing 12 months

Carawine Resources share dividends

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

Carawine Resources share price volatility

Over the last 12 months, Carawine Resources 's shares have ranged in value from as little as $0.125 up to $0.295. 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 Carawine Resources 's is 1.7796. This would suggest that Carawine Resources 's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Carawine Resources overview

Carawine Resources Limited explores for and develops mineral projects in Western Australia and Victoria, Australia. The company explores for gold, copper, silver, zinc, nickel, cobalt, manganese, and iron deposits. It holds interests in the Jamieson project located near the township in northeast Victoria; Paterson project located in the Paterson Province; Fraser Range project located in the Fraser Range region of Western Australia; Tropicana North project located in the Tropicana region of Western Australia; and Oakover project located in the Eastern Pilbara region. Carawine Resources Limited was founded in 2016 and is based in Malaga, Australia.

Frequently asked questions

• What percentage of Carawine Resources is owned by insiders?

  Currently 35.6% of Carawine Resources shares are held by insiders.

• When does the fiscal year end for Carawine Resources ?

  Carawine Resources 's fiscal year ends in June.

• Where is Carawine Resources based?

  Carawine Resources 's address is: Unit 4/7 Holder Way, Malaga, WA, Australia, 6090