How to buy Discovery Africa (DAF) shares
Learn how to easily invest in Discovery Africa shares.
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Discovery Africa Limited is a gold business based in Australia. Discovery Africa shares (DAF) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian Dollars. Discovery Africa has a trailing 12-month revenue of around $8,751. If you're looking to buy shares, check out the steps below.
How to buy shares in Discovery Africa
- 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 Discovery Africa . Find the share by name or ticker symbol: DAF. 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 Discovery Africa 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, 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 Discovery Africa . 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.
Discovery Africa stock price (ASX:DAF)Use our graph to track the performance of DAF stocks over time.
Discovery Africa shares at a glance
|52-week range||$0.026 - $0.06|
|50-day moving average||$0.04|
|200-day moving average||$0.0448|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$-0.001|
Compare share trading platforms
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
Is it a good time to buy Discovery Africa 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.
Discovery Africa price performance over time
|1 week (2021-10-19)||0.04|
|1 month (2021-09-24)||11.11%|
|3 months (2021-07-26)||-11.11%|
|6 months (2021-04-26)||-11.11%|
|1 year (2020-10-26)||-2.44%|
|3 years (2018-10-25)||185.71%|
Is Discovery Africa under- or over-valued?
Valuing Discovery Africa stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Discovery Africa 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Discovery Africa 's EBITDA
Discovery Africa 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $1.7 million (£936,804).
The EBITDA is a measure of a Discovery Africa 's overall financial performance and is widely used to measure a its profitability.
Discovery Africa financials
|Gross profit TTM||$8,751|
|Return on assets TTM||-7.6%|
|Return on equity TTM||-13.05%|
|Market capitalisation||$8.1 million|
TTM: trailing 12 months
Discovery Africa share dividends
We're not expecting Discovery Africa to pay a dividend over the next 12 months.
Discovery Africa share price volatility
Over the last 12 months, Discovery Africa 's shares have ranged in value from as little as $0.026 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 Discovery Africa 's is 3.2302. This would suggest that Discovery Africa 's shares are significantly more volatile than the average for this exchange and represent a higher risk.
Discovery Africa overview
Discovery Africa Limited operates as a mineral exploration company in Western Australia. The company holds interest in Chulitna project covering 199.4 square kilometers located in the state of Alaska public lands; and a 100% interest in the Warriedar gold project that consists of 4 blocks and is located in Yalgoo mineral field. The company was formerly known as Baru Resources Limited and changed its name to Discovery Africa Limited in November 2013. Discovery Africa Limited was incorporated in 2010 and is based in Osborne Park, Australia.
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