How to buy Empire Resources shares | A$0.015

Empire Resources Limited is an other precious metals & mining business based in Australia. Empire Resources shares (ERL) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.015 – an increase of 15.38% over the previous week. Empire Resources has a trailing 12-month revenue of around $27,213.

How to buy shares in Empire 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 Empire Resources . Find the share by name or ticker symbol: ERL. 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 Empire 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 $0.015, 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 Empire 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 Empire Resources 's share price?

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

Its last market close was $0.015, which is 13.33% up on its pre-crash value of $0.013 and 150.00% up on the lowest point reached during the March crash when the shares fell as low as $0.006.

If you had bought $1,000 worth of Empire Resources shares at the start of February 2020, those shares would have been worth $875.00 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 $1,875.00.

Empire Resources share price

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

Empire Resources shares at a glance

• Key figures

Information last updated 2020-10-20.

Latest market close	AUDA$0.015
52-week range	AUDA$0.006 - AUDA$0.02
50-day moving average	AUDA$0.013
200-day moving average	AUDA$0.012
Target price	N/A
PE ratio	21.6667
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 Empire 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 Empire Resources Limited by TradingView

Empire Resources price performance over time

Historical closes compared with the close of A$0.015 on 2020-10-22

1 week (2020-10-19)	15.38%
1 month (2020-09-25)	15.38%
3 months (2020-07-24)	7.14%
6 months (2020-04-24)	66.67%

1 year (2019-10-25)	80.72%
2 years (2018-10-26)	63.04%
3 years (2017-10-26)	-32.13%
5 years (2015-10-22)	N/A

Is Empire Resources under- or over-valued?

Valuing Empire Resources stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Empire Resources 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Empire Resources 's P/E ratio

Empire 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 22x. In other words, Empire Resources shares trade at around 22x recent earnings.

That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Empire Resources 's EBITDA

Empire Resources 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $1 million.

The EBITDA is a measure of a Empire Resources 's overall financial performance and is widely used to measure a its profitability.

Empire Resources financials

Revenue TTM	$27,213
Gross profit TTM	$-167,499
Return on assets TTM	-35.19%
Return on equity TTM	21.81%
Profit margin	1550.87%
Book value	0.004
Market capitalisation	$12.7 million

TTM: trailing 12 months

Empire Resources share dividends

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

Empire Resources share price volatility

Over the last 12 months, Empire Resources 's shares have ranged in value from as little as $0.006 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 Empire Resources 's is 0.2007. This would suggest that Empire Resources 's shares are less volatile than average (for this exchange).

Empire Resources overview

Empire Resources Limited engages in the exploration and development of precious and base metal properties in Australia. It primarily explores for gold and copper deposits. The company holds interest in the Yuinmery copper-gold project comprising five granted tenements for a total area of 84.5 square kilometers located in the Mid-West region of Western Australia; and the Penny's gold project located to the east of Kalgoorlie, Western Australia. The company was incorporated in 2000 and is based in Nedlands, Australia.

Frequently asked questions

• What percentage of Empire Resources is owned by insiders?

  Currently 69.611% of Empire Resources shares are held by insiders.

• When does the fiscal year end for Empire Resources ?

  Empire Resources 's fiscal year ends in June.

• Where is Empire Resources based?

  Empire Resources 's address is: 159 Stirling Highway, Nedlands, WA, Australia, 6009

• What is Empire Resources 's ISIN number?

  Empire Resources 's international securities identification number is: AU000000ERL6