How to buy Gold Mountain shares | A$0.042

Gold Mountain Limited is a gold business based in Australia. Gold Mountain shares (GMN) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.042 – an increase of 2.44% over the previous week. Gold Mountain has a trailing 12-month revenue of around $105,844.

How to buy shares in Gold Mountain

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 Gold Mountain . Find the share by name or ticker symbol: GMN. 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 Gold Mountain 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 $0.042, 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 Gold Mountain . 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 Gold Mountain 's share price?

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

Its last market close was $0.042, which is 35.38% down on its pre-crash value of $0.065 and 19.05% down on the lowest point reached during the March crash when the shares fell as low as $0.05.

If you had bought $1,000 worth of Gold Mountain shares at the start of February 2020, those shares would have been worth $797.10 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 $608.70.

Gold Mountain share price

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

Gold Mountain shares at a glance

• Key figures

Information last updated 2020-10-20.

Latest market close	AUDA$0.042
52-week range	AUDA$0.035 - AUDA$0.081
50-day moving average	AUDA$0.0419
200-day moving average	AUDA$0.0496
Target price	N/A
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.003

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AUD 8

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• Brokerage - AU shares: From AUD 5 or 0.05%
• Brokerage - US shares: USD 0
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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 Gold Mountain 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 Gold Mountain Limited by TradingView

Gold Mountain price performance over time

Historical closes compared with the close of A$0.042 on 2020-10-21

1 week (2020-10-10)	N/A
1 month (2020-09-21)	-6.67%
3 months (2020-07-17)	-6.67%
6 months (2020-04-17)	-27.59%

1 year (2019-10-18)	-40.00%
2 years (2018-10-18)	-50.59%
3 years (2017-10-17)	-57.58%
5 years (2015-10-17)	N/A

Gold Mountain financials

Revenue TTM	$105,844
Gross profit TTM	$105,844
Return on assets TTM	-3.01%
Return on equity TTM	-6.87%
Profit margin	0%
Book value	0.038
Market capitalisation	$29 million

TTM: trailing 12 months

Gold Mountain share dividends

We're not expecting Gold Mountain to pay a dividend over the next 12 months.

Gold Mountain share price volatility

Over the last 12 months, Gold Mountain 's shares have ranged in value from as little as $0.035 up to $0.081. 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 Gold Mountain 's is 0.798. This would suggest that Gold Mountain 's shares are less volatile than average (for this exchange).

Gold Mountain overview

Gold Mountain Limited acquires, explores for, and develops mineral properties in Australia and Papua New Guinea. The company explores for gold, copper, and precious and base metal ores. Its flagship property is the Wabag project comprising 10 exploration licenses covering an area of approximately 2,811 square kilometers located in the Enga province, Papua New Guinea. The company was formerly known as Commissioners Gold Limited and changed its name to Gold Mountain Limited in December 2014. Gold Mountain Limited was incorporated in 2005 and is based in Sydney, Australia.

Frequently asked questions

• What percentage of Gold Mountain is owned by insiders?

  Currently 45.026% of Gold Mountain shares are held by insiders.

• When does the fiscal year end for Gold Mountain ?

  Gold Mountain 's fiscal year ends in June.

• Where is Gold Mountain based?

  Gold Mountain 's address is: 31 Market Street, Sydney, NSW, Australia, 2000

• What is Gold Mountain 's ISIN number?

  Gold Mountain 's international securities identification number is: AU000000GMN8