How to buy CI Resources shares | A$0.895
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CI Resources Limited is an other industrial metals & mining business based in Australia. CI Resources shares (CII) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.895 – a decrease of 9.6% over the previous week. CI Resources has a trailing 12-month revenue of around $125.5 million.
How to buy shares in CI Resources
- 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.
- 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.
- Search for CI Resources. Find the share by name or ticker symbol: CII. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until CI Resources reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At today's price of $0.895, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
- Check in on your investment. Congratulations, you own a part of CI 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.
What's in this guide?
- CI Resources key stats
- Compare share trading platforms
- Is CI Resources stock a buy or sell?
- CI Resources performance over time
- Are CI Resources shares over-valued?
- CI Resources's financials
- How volatile are CI Resources shares?
- Does CI Resources pay a dividend?
- Have CI Resources shares ever split?
- Other common questions
How has coronavirus impacted CI Resources's share price?
Since the stock market crash in March caused by coronavirus, CI Resources's share price has had significant negative movement.
Its last market close was $0.895, which is 13.94% down on its pre-crash value of $1.04 and 10.49% up on the lowest point reached during the March crash when the shares fell as low as $0.81.
If you had bought $1,000 worth of CI Resources shares at the start of February 2020, those shares would have been worth $833.33 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 $745.83.
CI Resources share priceUse our graph to track the performance of CII stocks over time.
CI Resources shares at a glance
|Latest market close||AUDA$0.895|
|52-week range||AUDA$0.75 - AUDA$1.455|
|50-day moving average||AUDA$0.8496|
|200-day moving average||AUDA$0.8338|
|Dividend yield||AUDA$0.03 (3.35%)|
|Earnings per share (TTM)||AUDA$0.005|
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Is it a good time to buy CI 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.
CI Resources price performance over time
|1 week (2020-09-14)||-0.56%|
|1 month (2020-08-21)||11.88%|
|3 months (2020-06-21)||N/A|
|6 months (2020-03-23)||-10.50%|
|1 year (2019-09-21)||N/A|
|2 years (2018-09-21)||-44.06%|
|3 years (2017-09-21)||-48.27%|
|5 years (2015-09-21)||-24.79%|
Is CI Resources under- or over-valued?
Valuing CI Resources stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of CI Resources's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
CI Resources's P/E ratio
CI 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 3300x. In other words, CI Resources shares trade at around 3300x recent earnings.
That's relatively high compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
CI Resources's EBITDA
CI Resources's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $13.4 million (£0.0 million).
The EBITDA is a measure of a CI Resources's overall financial performance and is widely used to measure a its profitability.
CI Resources financials
|Revenue TTM||$125.5 million|
|Operating margin TTM||3.15%|
|Gross profit TTM||$17.4 million|
|Return on assets TTM||0.98%|
|Return on equity TTM||0.02%|
|Market capitalisation||$103.4 million|
TTM: trailing 12 months
CI Resources share dividends
Dividend payout ratio: 5000% of net profits
Recently CI Resources has paid out, on average, around 5000% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.35% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), CI Resources shareholders could enjoy a 3.35% return on their shares, in the form of dividend payments. In CI Resources's case, that would currently equate to about A$0.03 per share.
CI 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 29 September 2019 (the "ex-dividend date").
Have CI Resources's shares ever split?
CI Resources's shares were split on 12 February 1997.
CI Resources share price volatility
Over the last 12 months, CI Resources's shares have ranged in value from as little as $0.75 up to $1.455. 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 CI Resources's is 0.85. This would suggest that CI Resources's shares are less volatile than average (for this exchange).
CI Resources overview
CI Resources Limited, together with its subsidiaries, engages in mining, processing, and sale of phosphate rock, phosphate dust, and chalk in Australia, Malaysia, and Singapore. It operates through Mining and Farming segments. The company also provides earthmoving, fuel pilotage, maintenance, and stevedoring services to other organizations in Christmas Island; operates a palm oil estate; and processes and sells palm oil products. In addition, it offers shipping services; and fuel and marketing services. The company exports its phosphate products to New Zealand, Malaysia, Thailand, and Indonesia. The company was incorporated in 1987 and is based in Burswood, Australia.
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