How to buy Energy Resources of Australia shares | A$0.155

Energy Resources of Australia Ltd is an uranium business based in Australia. Energy Resources of Australia shares (ERA) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.155 – the same closing value as a week prior. Energy Resources of Australia has a trailing 12-month revenue of around $221.9 million.

How to buy shares in Energy Resources of Australia

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 Energy Resources of Australia . Find the share by name or ticker symbol: ERA. 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 Energy Resources of Australia 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 $0.155, 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 Energy Resources of Australia . 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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For our Top Picks, we compared our Finder partners using a proprietary algorithm in August 2020. Keep in mind that our top picks may not always be the best for you, and you're encouraged to compare for yourself to find one that works for you. Read our full methodology here to find out more.

How has coronavirus impacted Energy Resources of Australia 's share price?

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

Its last market close was $0.155, which is 3.13% down on its pre-crash value of $0.16 and 10.71% up on the lowest point reached during the March crash when the shares fell as low as $0.14.

If you had bought $1,000 worth of Energy Resources of Australia shares at the start of February 2020, those shares would have been worth $878.79 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 $939.39.

Energy Resources of Australia share price

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

Energy Resources of Australia shares at a glance

• Key figures

Information last updated 2020-10-20.

Latest market close	AUDA$0.155
52-week range	AUDA$0.138 - AUDA$0.2
50-day moving average	AUDA$0.1569
200-day moving average	AUDA$0.1606
Target price	AUDA$0.08
PE ratio	13.75
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$0.012

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Important: Share trading carries risk of capital loss.

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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 Energy Resources of Australia 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 Energy Resources of Australia Ltd by TradingView

Energy Resources of Australia price performance over time

Historical closes compared with the close of A$0.155 on 2020-10-22

1 week (2020-10-23)	-3.13%
1 month (2020-10-01)	0%
3 months (2020-07-31)	-3.13%
6 months (2020-05-01)	-6.06%

1 year (2019-10-31)	-9.20%
2 years (2018-10-31)	-37.25%
3 years (2017-10-31)	-62.23%
5 years (2015-10-30)	-37.25%

Is Energy Resources of Australia under- or over-valued?

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

Energy Resources of Australia 's P/E ratio

Energy Resources of Australia 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 14x. In other words, Energy Resources of Australia shares trade at around 14x 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.

Energy Resources of Australia 's EBITDA

Energy Resources of Australia 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $40.8 million.

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

Energy Resources of Australia financials

Revenue TTM	$221.9 million
Gross profit TTM	$170 million
Return on assets TTM	-0.42%
Return on equity TTM	-60.6%
Profit margin	-1.26%
Book value	0.065
Market capitalisation	$590.6 million

TTM: trailing 12 months

Energy Resources of Australia share dividends

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

Have Energy Resources of Australia 's shares ever split?

Energy Resources of Australia 's shares were split on a 1:4 basis on 7 June 1995. So if you had owned 4 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 Energy Resources of Australia shares – just the quantity. However, indirectly, the new 300% higher share price could have impacted the market appetite for Energy Resources of Australia shares which in turn could have impacted Energy Resources of Australia 's share price.

Energy Resources of Australia share price volatility

Over the last 12 months, Energy Resources of Australia 's shares have ranged in value from as little as $0.138 up to $0.2. 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 Energy Resources of Australia 's is 1.1275. This would suggest that Energy Resources of Australia 's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Energy Resources of Australia overview

Energy Resources of Australia Ltd engages in mining, processing, and selling uranium oxide. The company holds interests in three assets, including the Ranger Stockpiles, the Ranger 3 Deeps underground resource, and the Jabiluka Mineral Lease. It sells its products to power utilities in the United States, Europe, China, Japan, South Korea, and the United Arab Emirates. The company was founded in 1980 and is headquartered in Darwin, Australia. Energy Resources of Australia Ltd is a subsidiary of North Limited.

Frequently asked questions

• What percentage of Energy Resources of Australia is owned by insiders or institutions?

  Currently 86.617% of Energy Resources of Australia shares are held by insiders and 2.608% by institutions.

• When does the fiscal year end for Energy Resources of Australia ?

  Energy Resources of Australia 's fiscal year ends in December.

• Where is Energy Resources of Australia based?

  Energy Resources of Australia 's address is: Energy House, Darwin, NT, Australia, 0801

• What is Energy Resources of Australia 's ISIN number?

  Energy Resources of Australia 's international securities identification number is: AU000000ERA9