How to buy Cokal shares | A$0.054

Cokal Limited is a coking coal business based in Australia. Cokal shares (CKA) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.054 – an increase of 8% over the previous week. Cokal has a trailing 12-month revenue of around $4.7 million.

How to buy shares in Cokal

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 Cokal. Find the share by name or ticker symbol: CKA. 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 Cokal 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 $0.054, 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 Cokal. 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 Cokal's share price?

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

Its last market close was $0.054, which is 24.07% up on its pre-crash value of $0.041 and 145.45% up on the lowest point reached during the March crash when the shares fell as low as $0.022.

If you had bought $1,000 worth of Cokal shares at the start of February 2020, those shares would have been worth $636.36 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 $1,227.27.

Cokal share price

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

Cokal shares at a glance

• Key figures

Information last updated 2020-09-25.

Latest market close	AUDA$0.054
52-week range	AUDA$0.025 - AUDA$0.06
50-day moving average	AUDA$0.0524
200-day moving average	AUDA$0.0425
Target price	AUDA$0.2
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.003

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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 Cokal 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 Cokal Limited by TradingView

Cokal price performance over time

Historical closes compared with the last close of A$0.054

1 week (2020-09-21)	5.88%
1 month (2020-08-28)	1.89%
3 months (2020-06-26)	25.58%
6 months (2020-03-27)	100.00%

1 year (2019-09-27)	10.20%
2 years (2018-09-28)	45.95%
3 years (2017-09-28)	-28.00%
5 years (2015-09-28)	-40.00%

Is Cokal under- or over-valued?

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

Cokal's EBITDA

Cokal's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $866,651.

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

Cokal financials

Revenue TTM	$4.7 million
Operating margin TTM	17.86%
Gross profit TTM	$3.1 million
Return on assets TTM	1.92%
Return on equity TTM	-3.69%
Profit margin	-5.74%
Book value	0.011
Market capitalisation	$48.9 million

TTM: trailing 12 months

Cokal share dividends

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

Have Cokal's shares ever split?

Cokal's shares were split on 22 December 2009.

Cokal share price volatility

Over the last 12 months, Cokal's shares have ranged in value from as little as $0.025 up to $0.06. 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 Cokal's is 2.1723. This would suggest that Cokal's shares are significantly more volatile than the average for this exchange and represent a higher risk.

Cokal overview

Cokal Limited engages in the identification, exploration, and development of metallurgical coal. It has interests in four projects, including the Bumi Barito Mineral, Borneo Bara Prima, and Anugerah Alam Katingan projects, as well as an exploration tenement in Central Kalimantan, Indonesia. The company was incorporated in 1998 and is based in Sydney, Australia.

Frequently asked questions

• What percentage of Cokal is owned by insiders?

  Currently 48.36% of Cokal shares are held by insiders.

• When does the fiscal year end for Cokal?

  Cokal's fiscal year ends in June.

• Where is Cokal based?

  Cokal's address is: 56 Pitt Street, Sydney, NSW, Australia, 2000

• What is Cokal's ISIN number?

  Cokal's international securities identification number is: AU000000CKA8