How to buy Carnavale Resources shares | A$0.011

Carnavale Resources Limited is an other industrial metals & mining business based in Australia. Carnavale Resources shares (CAV) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.011 – the same closing value as a week prior. Carnavale Resources has a trailing 12-month revenue of around $6,705.

How to buy shares in Carnavale 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 Carnavale Resources. Find the share by name or ticker symbol: CAV. 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 Carnavale 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 $0.011, 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 Carnavale 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 Carnavale Resources's share price?

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

Its last market close was $0.011, which is 81.82% up on its pre-crash value of $0.002 and 1,000.00% up on the lowest point reached during the March crash when the shares fell as low as $0.001.

If you had bought $1,000 worth of Carnavale Resources 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 $5,500.00.

Carnavale Resources share price

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

Carnavale Resources shares at a glance

• Key figures

Information last updated 2020-09-22.

Latest market close	AUDA$0.011
52-week range	AUDA$0.002 - AUDA$0.015
50-day moving average	AUDA$0.0093
200-day moving average	AUDA$0.0046
Target price	N/A
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.001

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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 Carnavale 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 Carnavale Resources Limited by TradingView

Carnavale Resources price performance over time

Historical closes compared with the last close of A$0.011

1 week (2020-09-12)	N/A
1 month (2020-08-21)	37.50%
3 months (2020-06-19)	266.67%
6 months (2020-03-23)	450.00%

1 year (2019-09-19)	175.00%
2 years (2018-09-19)	37.50%
3 years (2017-09-21)	-45.00%
5 years (2015-09-21)	-21.43%

Carnavale Resources financials

Revenue TTM	$6,705
Gross profit TTM	$10,241
Return on assets TTM	-61.65%
Return on equity TTM	-106.94%
Profit margin	0%
Book value	0.002
Market capitalisation	$8 million

TTM: trailing 12 months

Carnavale Resources share dividends

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

Have Carnavale Resources's shares ever split?

Carnavale Resources's shares were split on a 110:100 basis on 1 February 2010. So if you had owned 100 shares the day before before the split, the next day you'd have owned 110 shares. This wouldn't directly have changed the overall worth of your Carnavale Resources shares – just the quantity. However, indirectly, the new 9.1% lower share price could have impacted the market appetite for Carnavale Resources shares which in turn could have impacted Carnavale Resources's share price.

Carnavale Resources share price volatility

Over the last 12 months, Carnavale Resources's shares have ranged in value from as little as $0.002 up to $0.015. 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 Carnavale Resources's is 0.9922. This would suggest that Carnavale Resources's shares are less volatile than average (for this exchange).

Carnavale Resources overview

Carnavale Resources Limited operates as a mineral exploration company in Australia and Uganda. It focuses on tin, lithium, cobalt, silver, nickel, gold, copper, and precious metal deposits. The company holds 100% interest in the Grey Dam nickel cobalt project in Kalgoorlie, Western Australia; and 51% interest in the Kikagati Tin project located in southern Uganda. It also holds an option to acquire 80% interests in the Kookynie gold project with three tenements covering approximately 21 km2 located in Yilgarn Craton, Western Australia. The company is based in Mount Hawthorn, Australia.

Frequently asked questions

• What percentage of Carnavale Resources is owned by insiders?

  Currently 49.353% of Carnavale Resources shares are held by insiders.

• When does the fiscal year end for Carnavale Resources?

  Carnavale Resources's fiscal year ends in June.

• Where is Carnavale Resources based?

  Carnavale Resources's address is: 389 Oxford Street, Mount Hawthorn, WA, Australia, 6016

• What is Carnavale Resources's ISIN number?

  Carnavale Resources's international securities identification number is: AU000000CAV5