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

  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 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.
  4. 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.
  5. 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.
  6. 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.

GBM Resources stock price (ASX:GBZ)

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

GBM Resources shares at a glance

Information last updated 2022-01-16.
52-week range$0.093 - $0.155
50-day moving average $0.1168
200-day moving average $0.121
Target priceN/A
PE ratio 120
Dividend yield N/A (0%)
Earnings per share (TTM) $0.001

Compare share trading platforms

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.
Name Product Standard brokerage fee Inactivity fee Markets
IG Share Trading
AUD $8 or 0.1%
$50 per quarter if you make fewer than three trades in that period
ASX shares, Global shares
$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
ThinkMarkets Share Trading
AUD $8
ASX shares
$8 flat fee brokerage for CHESS Sponsored ASX stocks (HIN ownership), plus free live stock price data on an easy to use mobile app.
Superhero share trading
ASX shares, US shares, ETFs
Earn up to 15,000 Qantas frequent flyer points when you transfer an exisiting balance or trade. Offer valid for all new and existing Superhero members until 28 February.
Pay zero brokerage on US stocks and all ETFs and just $5 (flat fee) to trade Australian shares from your mobile or desktop.
GO Markets Share Trading
ASX shares, Forex, CFDs, ETFs
Pay zero brokerage on your first 20 trades and $7.70 after that on over 2,500 ASX listed shares from either your desktop or mobile.
Opentrader Share Trading
AUD $5
ASX shares, Options trading, ETFs, Warrants
Saxo Capital Markets (Classic account)
AUD $5
ASX shares, Global shares, ETFs
Access 19,000+ stocks on 40+ exchanges worldwide
Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile.
HSBC Online Share Trading
AUD $19.95
ASX shares, mFunds, ETFs, Bonds
Limited-time offer: Join HSBC’s online trading account before 28 February 2022 and HSBC will reimburse you up to $100 on your first 5 trades. Also traders who transfer $50k+ will get a $200 bonus(T&Cs apply).
Make trades online with brokerage fees starting from just $19.95 with an HSBC Online Share Trading account. Plus gain access to complimentary expert research, trading ideas and tools.
SelfWealth (Basic account)
AUD $9.5
ASX shares, US shares
Trade ASX and US shares for a flat fee of $9.50, regardless of the trade size.
New customers receive free access to Community Insights with SelfWealth Premium for the first 90 days. Follow other investors and benchmark your portfolio performance.

Compare up to 4 providers

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

Historical closes compared with the last close of A$0.12

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

Revenue TTM $80,874
Gross profit TTM $80,874
Return on assets TTM -6.17%
Return on equity TTM 1.29%
Profit margin 331.2%
Book value 0.068
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".

GBZ.AU volatility(beta: 1.04)Avg. volatility(beta: 1.00)LowHigh

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.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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