How to buy Dreadnought Resources shares | A$0.021
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Dreadnought Resources Limited is a gold business based in Australia. Dreadnought Resources shares (DRE) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.021 – an increase of 10.53% over the previous week. Dreadnought Resources has a trailing 12-month revenue of around $993.
How to buy shares in Dreadnought 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 Dreadnought Resources . Find the share by name or ticker symbol: DRE. 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 Dreadnought 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 $0.021, 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 Dreadnought 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?
- Dreadnought Resources key stats
- Compare share trading platforms
- Is Dreadnought Resources stock a buy or sell?
- Dreadnought Resources performance over time
- Dreadnought Resources 's financials
- How volatile are Dreadnought Resources shares?
- Does Dreadnought Resources pay a dividend?
- Have Dreadnought Resources shares ever split?
- Other common questions
How has coronavirus impacted Dreadnought Resources 's share price?
Since the stock market crash in March caused by coronavirus, Dreadnought Resources 's share price has had significant positive movement.
Its last market close was $0.021, which is 71.43% up on its pre-crash value of $0.006 and 950.00% up on the lowest point reached during the March crash when the shares fell as low as $0.002.
If you had bought $1,000 worth of Dreadnought Resources shares at the start of February 2020, those shares would have been worth $333.33 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 $3,500.00.
Dreadnought Resources share priceUse our graph to track the performance of DRE stocks over time.
Dreadnought Resources shares at a glance
|Latest market close||AUDA$0.021|
|52-week range||AUDA$0.002 - AUDA$0.018|
|50-day moving average||AUDA$0.0129|
|200-day moving average||AUDA$0.0075|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||AUDA$-0.001|
Standard brokerage - Australian shares
Share Trading Account Offer
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
Important: Share trading carries risk of capital loss.
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Is it a good time to buy Dreadnought 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.
Dreadnought Resources price performance over time
|1 week (2020-09-14)||23.53%|
|1 month (2020-08-21)||50.00%|
|3 months (2020-06-19)||250.00%|
|6 months (2020-03-20)||950.00%|
|1 year (2019-09-20)||162.50%|
|2 years (2018-09-21)||320.00%|
|3 years (2017-09-18)||N/A|
|5 years (2015-09-18)||N/A|
Dreadnought Resources financials
|Gross profit TTM||$0|
|Return on assets TTM||-21.68%|
|Return on equity TTM||-43.7%|
|Market capitalisation||$29.5 million|
TTM: trailing 12 months
Dreadnought Resources share dividends
We're not expecting Dreadnought Resources to pay a dividend over the next 12 months.
Have Dreadnought Resources 's shares ever split?
Dreadnought Resources 's shares were split on a 1:10 basis on 22 October 2015. So if you had owned 10 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Dreadnought Resources shares – just the quantity. However, indirectly, the new 900% higher share price could have impacted the market appetite for Dreadnought Resources shares which in turn could have impacted Dreadnought Resources 's share price.
Dreadnought Resources share price volatility
Over the last 12 months, Dreadnought Resources 's shares have ranged in value from as little as $0.002 up to $0.018. 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 Dreadnought Resources 's is 2.0506. This would suggest that Dreadnought Resources 's shares are significantly more volatile than the average for this exchange and represent a higher risk.
Dreadnought Resources overview
Dreadnought Resources Limited explores for and develops natural resources properties in Australia. The company explores for gold, copper, lead, and nickel deposits. It holds interest in the Tarraji-Yampi Ni-Cu-Au project located north east of Derby in the West Kimberley; the Rocky Dam Au project located in the Kalgoorlie-Boulder in the world class Eastern Goldfields Superterrane; and the Illaara Au-Cu-Pb-Zn project is located in the Kalgoorlie-Boulder in the world class Yilgarn Craton, Western Australia. The company was formerly known as Tychean Resources Limited and changed its name to Dreadnought Resources Ltd in February y 2019 in August 2013. Dreadnought Resources Limited was incorporated in 2006 and is based in Subiaco, Australia.
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