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East Energy Resources is a thermal coal business based in Australia. East Energy Resources shares (EER) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. East Energy Resources has a market cap (total outstanding shares value) of $115.2 million. If you're looking to buy shares, check out the steps below.
How to buy shares in East Energy Resources
- Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the ASX. Our table can help you choose.
- Open and fund your brokerage account. Complete an application with your personal and financial details, such as your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
- Search for East Energy Resources . Find the share by name or ticker symbol: EER. 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 East Energy Resources reaches your desired price. Look into dollar-cost averaging to spread out your risk, 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 on your investment. Congratulations, you own a part of East Energy Resources . Optimise your portfolio by tracking how your stock and 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 affect your stock.
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What's in this guide?
- East Energy Resources key stats
- Compare share trading platforms
- Is East Energy Resources stock a buy or sell?
- East Energy Resources performance over time
- Are East Energy Resources shares over-valued?
- East Energy Resources 's financials
- How volatile are East Energy Resources shares?
- Does East Energy Resources pay a dividend?
- Have East Energy Resources shares ever split?
- Other common questions
East Energy Resources stock price (ASX:EER)
Use our graph to track the performance of EER stocks over time.East Energy Resources shares at a glance
Information last updated 2022-06-28.
| 52-week range | $0.036 - $0.036 |
|---|---|
| 50-day moving average | $0.036 |
| 200-day moving average | $0.036 |
| Target price | N/A |
| PE ratio | 36 |
| Dividend yield | $0 (0%) |
| Earnings per share (TTM) | $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.
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Is it a good time to buy East Energy Resources stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. 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.
East Energy Resources price performance over time
Historical closes compared with the last close of A$0.036
| 1 week (2022-06-22) | 0.036 |
|---|---|
| 1 month (2022-05-27) | 0.036 |
| 3 months (2022-03-29) | 0.036 |
| 6 months (2021-12-29) | 0.036 |
| 1 year (2021-06-29) | 0.036 |
|---|---|
| 2 years (2020-06-29) | 1,700.00% |
| 3 years (2019-06-28) | 1,100.00% |
| 5 years (2017-06-29) | 414.29% |
Is East Energy Resources under- or over-valued?
Valuing East Energy Resources stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of East Energy Resources 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
East Energy Resources 's P/E ratio
East Energy Resources 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 36x. In other words, East Energy Resources shares trade at around 36x recent earnings.
That's relatively high compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
East Energy Resources 's EBITDA
East Energy Resources 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $12.7 million (£0.0 million).
The EBITDA is a measure of a East Energy Resources 's overall financial performance and is widely used to measure a its profitability.
East Energy Resources financials
| Operating margin TTM | 314691.48% |
|---|---|
| Gross profit TTM | $627 |
| Return on assets TTM | -1.98% |
| Return on equity TTM | 15.15% |
| Profit margin | 0% |
| Book value | 0.004 |
| Market capitalisation | $115.2 million |
TTM: trailing 12 months
East Energy Resources share dividends
We're not expecting East Energy Resources to pay a dividend over the next 12 months.
Have East Energy Resources 's shares ever split?
East Energy Resources 's shares were split on 9 April 2009.
East Energy Resources share price volatility
Over the last 12 months, East Energy Resources 's shares have ranged in value from as little as $0.036 up to $0.036. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while East Energy Resources 's is -3.0857. This would suggest that East Energy Resources 's shares have been inversely-correlated to the average (for this exchange) – so when the broader market trended up or down, East Energy Resources has bucked the trend.
East Energy Resources overview
East Energy Resources Limited operates as a coal exploration and development company in Australia. It holds a 100% interest in the Blackall project that consists of three main coal resource areas in three tenements located in the Eastern Eromanga Basin in central Western Queensland. The company was founded in 2007 and is based in Perth, Australia. East Energy Resources Limited is a subsidiary of Maylion Pty Ltd.
East Energy Resources in the news
Frequently asked questions
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.
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