How to buy Conico shares | A$0.019

Conico Ltd is an other industrial metals & mining business based in Australia. Conico shares (CNJ) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.019 – an increase of 18.75% over the previous week. Conico has a trailing 12-month revenue of around $22,757.

How to buy shares in Conico

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 Conico. Find the share by name or ticker symbol: CNJ. 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 Conico 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 $0.019, 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 Conico. 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 Conico's share price?

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

Its last market close was $0.019, which is 52.63% up on its pre-crash value of $0.009 and 533.33% up on the lowest point reached during the March crash when the shares fell as low as $0.003.

If you had bought $1,000 worth of Conico shares at the start of February 2020, those shares would have been worth $444.44 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 $2,111.11.

Conico share price

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

Conico shares at a glance

• Key figures

Information last updated 2020-09-25.

Latest market close	AUDA$0.019
52-week range	AUDA$0.003 - AUDA$0.02
50-day moving average	AUDA$0.0157
200-day moving average	AUDA$0.0092
Target price	N/A
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-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 Conico 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 Conico Ltd by TradingView

Conico price performance over time

Historical closes compared with the close of A$0.019 on 2020-09-28

1 week (2020-09-21)	18.75%
1 month (2020-08-28)	18.75%
3 months (2020-06-26)	171.43%
6 months (2020-03-27)	171.43%

1 year (2019-09-27)	137.50%
2 years (2018-09-28)	-23.08%
3 years (2017-09-28)	-64.88%
5 years (2015-09-25)	N/A

Conico financials

Revenue TTM	$22,757
Gross profit TTM	$22,757
Return on assets TTM	-1.76%
Return on equity TTM	-2.3%
Profit margin	0%
Book value	0.04
Market capitalisation	$9.4 million

TTM: trailing 12 months

Conico share dividends

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

Have Conico's shares ever split?

Conico's shares were split on 2 August 2007.

Conico share price volatility

Over the last 12 months, Conico's shares have ranged in value from as little as $0.003 up to $0.02. 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 Conico's is 1.4169. This would suggest that Conico's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Conico overview

Conico Limited engages in the exploration and development of mineral properties in Western Australia. It primarily explores for cobalt, nickel, and manganese deposits. It holds a 50% interest in the Mt Thirsty project located to the northwest of Norseman, Western Australia. The company was formerly known as Fission Energy Ltd. and changed its name to Conico Limited in July 2013. The company was incorporated in 2006 and is based in Perth, Australia.

Frequently asked questions

• What percentage of Conico is owned by insiders?

  Currently 60.023% of Conico shares are held by insiders.

• When does the fiscal year end for Conico?

  Conico's fiscal year ends in June.

• Where is Conico based?

  Conico's address is: 197 St Georges Terrace, Perth, WA, Australia, 6000

• What is Conico's ISIN number?

  Conico's international securities identification number is: AU000000CNJ3