How to buy GBM Resources (GBZ) shares
Learn how to easily invest in GBM Resources shares.
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GBM Resources is a gold business based in Australia. GBM Resources shares (GBZ) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian Dollars. GBM Resources has a trailing 12-month revenue of around $80,874. If you're looking to buy shares, check out the steps below.
How to buy shares in GBM Resources
- 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.
- 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.
- Search for GBM Resources . Find the share by name or ticker symbol: GBZ. 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 GBM Resources reaches your desired price. To spread out your risk, look into dollar-cost averaging, 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 in on your investment. Congratulations, you own a part of GBM 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.
What's in this guide?
- GBM Resources key stats
- Compare share trading platforms
- Is GBM Resources stock a buy or sell?
- GBM Resources performance over time
- Are GBM Resources shares over-valued?
- GBM Resources 's financials
- How volatile are GBM Resources shares?
- Does GBM Resources pay a dividend?
- Have GBM Resources shares ever split?
- Other common questions
GBM Resources stock price (ASX:GBZ)Use our graph to track the performance of GBZ stocks over time.
GBM Resources shares at a glance
|52-week range||$0.093 - $0.155|
|50-day moving average||$0.1168|
|200-day moving average||$0.121|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$0.001|
Compare share trading platforms
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
Is it a good time to buy GBM 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.
GBM Resources price performance over time
|1 week (2022-01-11)||9.09%|
|1 month (2021-12-17)||0.12|
|3 months (2021-10-19)||-17.24%|
|6 months (2021-07-19)||-20.00%|
|1 year (2021-01-19)||-11.11%|
|2 years (2020-01-17)||103.39%|
|3 years (2019-01-18)||140.00%|
|5 years (2017-01-18)||-7.69%|
Is GBM Resources under- or over-valued?
Valuing GBM Resources stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of GBM Resources 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
GBM Resources 's P/E ratio
GBM 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 120x. In other words, GBM Resources shares trade at around 120x 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.
GBM Resources 's EBITDA
GBM Resources 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $796,124 (£420,741).
The EBITDA is a measure of a GBM Resources 's overall financial performance and is widely used to measure a its profitability.
GBM Resources financials
|Gross profit TTM||$80,874|
|Return on assets TTM||-6.17%|
|Return on equity TTM||1.29%|
|Market capitalisation||$61.3 million|
TTM: trailing 12 months
GBM Resources share dividends
We're not expecting GBM Resources to pay a dividend over the next 12 months.
Have GBM Resources 's shares ever split?
GBM Resources 's shares were split on a 1:10 basis on 26 November 2019. So if you had owned 10 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 GBM Resources shares – just the quantity. However, indirectly, the new 900% higher share price could have impacted the market appetite for GBM Resources shares which in turn could have impacted GBM Resources 's share price.
GBM Resources share price volatility
Over the last 12 months, GBM Resources 's shares have ranged in value from as little as $0.093 up to $0.155. 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 GBM Resources 's is 1.0395. This would suggest that GBM Resources '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).
GBM Resources overview
GBM Resources Limited engages in the exploration and development of mineral properties in Australia. It explores for gold, silver, copper, and iron oxide. The company's flagship project is the Mount Coolon gold project located in the Drummond basin in Queensland. It also holds interest in the Twin Hills Project located in the prolific Drummond Basin Goldfield Queensland; White Dam Gold-Copper Project in South Australia; the Malmsbury Gold Project in Victoria; and other copper-gold exploration assets in Queensland. The company was incorporated in 2007 and is based in Mt Pleasant, Australia.
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