How to buy Cazaly Resources shares

Own Cazaly Resources shares in just a few minutes.

Posted

Fact checked

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!

Cazaly Resources Limited is an other industrial metals & mining business based in Australia. Cazaly Resources shares (CAZ) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Cazaly Resources has a trailing 12-month revenue of around $311,810..

How to buy shares in Cazaly 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 Cazaly Resources. Find the share by name or ticker symbol: CAZ. 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 Cazaly 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 $0.047, 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 Cazaly 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 we chose these brokers

For our Top Picks, we compared our Finder partners using a proprietary algorithm in August 2020. Keep in mind that our top picks may not always be the best for you, and you're encouraged to compare for yourself to find one that works for you. Read our full methodology here to find out more.

Cazaly Resources share price

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

Cazaly Resources shares at a glance

Information last updated 2020-10-21.
52-week range$0.018 - $0.055
50-day moving average $0.0474
200-day moving average $0.0353
Target priceN/A
PE ratio 9.6
Dividend yield $0.1 (221.28%)
Earnings per share (TTM) $0.005

Share Trading Account Offer

IG Share Trading Offer

AUD 8

Standard brokerage - Australian shares

Share Trading Account Offer

Competitive broker fees on Australian and international shares

  • Brokerage - AU shares: From AUD 5 or 0.05%
  • Brokerage - US shares: USD 0
  • Sign-up process: Instant
  • Support - After hours: Yes
Go to site
More info

Important: Share trading carries risk of capital loss.

Promoted

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.
Data indicated here is updated regularly
Name Product Standard brokerage fee Inactivity fee Markets
IG Share Trading
Finder Award
IG Share Trading
AUD 8 or 0.1%
AUD 50 per quarter if you make fewer than three trades in that period
ASX shares, Global shares, Forex, CFDs, Margin trading
$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, forex and CFDs, plus get access to 24-hour customer support.
Bell Direct Share Trading
AUD 15
No
ASX shares, Options trading, mFunds, ETFs, Warrants
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.
Superhero share trading
AUD 5
No
ASX shares, ETFs
Pay zero brokerage on all Australian ETFs.
Trade ASX stocks with a flat $5 commission fee and a low minimum investment of just $100.
CMC Markets Stockbroking
AUD 11 or 0.1%
No
ASX shares, Global shares, Forex, CFDs, Options trading, mFunds, ETFs, Warrants
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 9,000 products, including shares, managed funds, forex, commodities and cryptocurrencies, plus access up to 15 major global and Australian stock exchanges.
SelfWealth Share Trading (Basic account)
AUD 9.5
No
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.
ANZ Share Investing
AUD 19.95
No
ASX shares, Global shares, Options trading, mFunds, ETFs, Warrants
Earn 1 Qantas Point per AU$3 spent on brokerage fees on certain instruments.
Access Morningstar reports, company announcements and and live pricing via ANZ’s share investing platform. Available for desktop and mobile.
Westpac Online Investing Account
AUD 19.95 or 0.11%
USD 63.50 per year on the global markets account
ASX shares, Global shares, Options trading, ETFs
loading

Compare up to 4 providers

Is it a good time to buy Cazaly 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.

Cazaly Resources price performance over time

Historical closes compared with the close of A$0.047 on 2020-10-22

1 week (2021-01-15) 0%
1 month (2020-12-23) 6.82%
3 months (2020-10-23) -2.08%
6 months (2020-07-23) 30.56%
1 year (2020-01-23) 104.35%
2 years (2019-01-23) 161.11%
3 years (2018-01-23) 2.17%
5 years (2016-01-22) 113.64%

Is Cazaly Resources under- or over-valued?

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

Cazaly Resources's P/E ratio

Cazaly Resources's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 10x. In other words, Cazaly Resources shares trade at around 10x recent earnings.

That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Cazaly Resources's EBITDA

Cazaly Resources's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $2.1 million (£0.0 million).

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

Cazaly Resources financials

Revenue TTM $311,810
Gross profit TTM $311,810
Return on assets TTM -7.12%
Return on equity TTM 9.24%
Profit margin 551.41%
Book value 0.046
Market capitalisation $16.5 million

TTM: trailing 12 months

Cazaly Resources share dividends

Dividend payout ratio: 260% of net profits

Recently Cazaly Resources has paid out, on average, around 260% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 221.28% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Cazaly Resources shareholders could enjoy a 221.28% return on their shares, in the form of dividend payments. In Cazaly Resources's case, that would currently equate to about A$0.1 per share.

Cazaly Resources's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

The latest dividend was paid out to all shareholders who bought their shares by 22 November 2019 (the "ex-dividend date").

Have Cazaly Resources's shares ever split?

Cazaly Resources's shares were split on 18 May 2009.

Cazaly Resources share price volatility

Over the last 12 months, Cazaly Resources's shares have ranged in value from as little as $0.018 up to $0.055. 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 Cazaly Resources's is 0.3467. This would suggest that Cazaly Resources's shares are less volatile than average (for this exchange).

Cazaly Resources overview

Cazaly Resources Limited operates as a diversified mineral exploration and resource development company in Australia. The company primarily explores for nickel, graphite, copper, and cobalt deposits. It holds interests in the Kaoko Kobalt, Kurabuka Creek, McKenzie Springs, Halls Creek Copper, brown well, Panton, and Hamersley Iron ore projects. The company was incorporated in 2002 and is based in Perth, Australia.

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