How to buy Galena Mining shares | A$0.26

Galena Mining Limited is an other industrial metals & mining business based in Australia. Galena Mining shares (G1A) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.26 – an increase of 10.64% over the previous week. Galena Mining has a trailing 12-month revenue of around $535,552.

How to buy shares in Galena Mining

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 Galena Mining . Find the share by name or ticker symbol: G1A. 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 Galena Mining 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 $0.26, 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 Galena Mining . 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 Galena Mining 's share price?

Since the stock market crash in March caused by coronavirus, Galena Mining 's share price has had significant negative movement.

Its last market close was $0.26, which is 3.70% down on its pre-crash value of $0.27 and 73.33% up on the lowest point reached during the March crash when the shares fell as low as $0.15.

If you had bought $1,000 worth of Galena Mining shares at the start of February 2020, those shares would have been worth $561.40 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 $912.28.

Galena Mining share price

Use our graph to track the performance of G1A stocks over time.

Galena Mining shares at a glance

• Key figures

Information last updated 2020-10-14.

Latest market close	AUDA$0.26
52-week range	AUDA$0.15 - AUDA$0.35
50-day moving average	AUDA$0.2406
200-day moving average	AUDA$0.2237
Target price	AUDA$0.41
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.007

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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 Galena Mining 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 Galena Mining Limited by TradingView

Galena Mining price performance over time

Historical closes compared with the close of A$0.26 on 2020-10-19

1 week (2020-10-12)	13.04%
1 month (2020-09-18)	4.00%
3 months (2020-07-17)	18.18%
6 months (2020-04-17)	33.33%

1 year (2019-10-18)	-22.39%
2 years (2018-10-19)	26.83%
3 years (2017-10-19)	340.68%
5 years (2015-10-15)	N/A

Galena Mining financials

Revenue TTM	$535,552
Gross profit TTM	$535,552
Return on assets TTM	-2.9%
Return on equity TTM	-13.1%
Profit margin	0%
Book value	0.127
Market capitalisation	$106.2 million

TTM: trailing 12 months

Galena Mining share dividends

We're not expecting Galena Mining to pay a dividend over the next 12 months.

Have Galena Mining 's shares ever split?

Galena Mining 's shares were split on a 5:1 basis on 20 March 2018. So if you had owned 1 share the day before before the split, the next day you'd have owned 5 shares. This wouldn't directly have changed the overall worth of your Galena Mining shares – just the quantity. However, indirectly, the new 80% lower share price could have impacted the market appetite for Galena Mining shares which in turn could have impacted Galena Mining 's share price.

Galena Mining share price volatility

Over the last 12 months, Galena Mining 's shares have ranged in value from as little as $0.15 up to $0.35. 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 Galena Mining 's is 2.7097. This would suggest that Galena Mining 's shares are significantly more volatile than the average for this exchange and represent a higher risk.

Galena Mining overview

Galena Mining Limited engages in the acquisition and exploration of mineral projects in Australia. It explores for copper, gold, lead, silver, zinc, and manganese deposits. The company owns a 100% interest in the Abra Base Metals project located in the Gascoyne region, Western Australia. It also holds interests on Jillawarra prospects. Galena Mining Limited was incorporated in 2016 and is based in Subiaco, Australia.

Frequently asked questions

• What percentage of Galena Mining is owned by insiders or institutions?

  Currently 49.425% of Galena Mining shares are held by insiders and 10.124% by institutions.

• When does the fiscal year end for Galena Mining ?

  Galena Mining 's fiscal year ends in June.

• Where is Galena Mining based?

  Galena Mining 's address is: 1 Centro Avenue, Subiaco, WA, Australia, 6008

• What is Galena Mining 's ISIN number?

  Galena Mining 's international securities identification number is: AU000000G1A1