How to buy Cobre shares | A$0.16

Cobre Limited is an other industrial metals & mining business based in Australia. Cobre shares (CBE) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.16 – a decrease of 5.88% over the previous week. Cobre has a trailing 12-month revenue of around $42,949.

How to buy shares in Cobre

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 Cobre. Find the share by name or ticker symbol: CBE. 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 Cobre 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 $0.16, 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 Cobre. 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 Cobre's share price?

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

Its last market close was $0.16, which is 40.74% down on its pre-crash value of $0.27 and 88.24% up on the lowest point reached during the March crash when the shares fell as low as $0.085.

If you had bought $1,000 worth of Cobre shares at the start of February 2020, those shares would have been worth $378.26 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 $695.65.

Cobre share price

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

Cobre shares at a glance

• Key figures

Information last updated 2020-09-25.

Latest market close	AUDA$0.16
52-week range	AUDA$0.085 - AUDA$0.3
50-day moving average	AUDA$0.1788
200-day moving average	AUDA$0.1702
Target price	N/A
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.013

Share Trading Account Offer

IG Share Trading Offer

AUD 8

Standard brokerage - Australian shares

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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

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Important: Share trading carries risk of capital loss.

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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 Cobre 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 Cobre Limited by TradingView

Cobre price performance over time

Historical closes compared with the close of A$0.16 on 2020-09-29

1 week (2020-09-24)	0%
1 month (2020-09-01)	-5.88%
3 months (2020-07-01)	-11.11%
6 months (2020-04-01)	60.00%

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

Cobre financials

Revenue TTM	$42,949
Gross profit TTM	$-37,952
Return on assets TTM	-19.81%
Return on equity TTM	-40.34%
Profit margin	0%
Book value	0.088
Market capitalisation	$17 million

TTM: trailing 12 months

Cobre share dividends

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

Cobre overview

Cobre Limited engages in the exploration and evaluation of mineral properties in Australia. The company explores for copper, gold, silver, and zinc deposits. It holds 100% interest in the Perrinvale project covering an area of approximately 381 km2 of the Panhandle and Illaara Greenstone Belts in Western Australia; and an option to earn upto 80% interests in the Sandiman tenement covering an area of approximately 202 km2 located in Gascoyne Province, Australia. The company was incorporated in 2018 and is based in Sydney, Australia.

Frequently asked questions

• What percentage of Cobre is owned by insiders?

  Currently 67.101% of Cobre shares are held by insiders.

• When does the fiscal year end for Cobre?

  Cobre's fiscal year ends in June.

• Where is Cobre based?

  Cobre's address is: 151 Macquarie Street, Sydney, NSW, Australia, 2000