How to buy East Energy Resources shares | A$0.036

East Energy Resources Limited 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 listed in Australian Dollars. Its last market close was $0.036 – the same closing value as a week prior. East Energy Resources has a trailing 12-month revenue of around $627.

How to buy shares in East Energy Resources

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 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.
4. 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. 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 $0.036, 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 East Energy 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.

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How has coronavirus impacted East Energy Resources 's share price?

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

Its last market close was $0.036, which is 88.89% up on its pre-crash value of $0.004 and 800.00% up on the lowest point reached during the March crash when the shares fell as low as $0.004.

If you had bought $1,000 worth of East Energy Resources shares at the start of February 2020, those shares would have been worth $666.67 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 $6,000.00.

East Energy Resources share price

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

East Energy Resources shares at a glance

• Key figures

Information last updated 2020-10-21.

Latest market close	AUDA$0.036
52-week range	AUDA$0.002 - AUDA$0.039
50-day moving average	AUDA$0.0252
200-day moving average	AUDA$0.0089
Target price	N/A
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-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 East Energy 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.

Technical Analysis of East Energy Resources Limited by TradingView

East Energy Resources price performance over time

Historical closes compared with the close of A$0.036 on 2020-10-22

1 week (2020-10-19)	0%
1 month (2020-09-25)	0%
3 months (2020-07-24)	1,700.00%
6 months (2020-04-24)	500.00%

1 year (2019-10-25)	414.29%
2 years (2018-10-26)	800.00%
3 years (2017-10-26)	260.00%
5 years (2015-10-26)	500.00%

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 EBITDA

East Energy Resources 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $1.3 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

Revenue TTM	$627
Gross profit TTM	$627
Return on assets TTM	-44.47%
Return on equity TTM	-88.64%
Profit margin	0%
Book value	0.001
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 8 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 $0.002 up to $0.039. 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 East Energy Resources 's is -3.1829. 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.

Frequently asked questions

• What percentage of East Energy Resources is owned by insiders?

  Currently 99.087% of East Energy Resources shares are held by insiders.

• When does the fiscal year end for East Energy Resources ?

  East Energy Resources 's fiscal year ends in June.

• Where is East Energy Resources based?

  East Energy Resources 's address is: 22 Mount Street, Perth, WA, Australia, 6000

• What is East Energy Resources 's ISIN number?

  East Energy Resources 's international securities identification number is: AU000000EER1