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How to buy Golden Mile Resources shares

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Golden Mile Resources Limited is an other industrial metals & mining business based in Australia. Golden Mile Resources shares (G88) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Golden Mile Resources has a trailing 12-month revenue of around $54,376..

How to buy shares in Golden Mile 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 Golden Mile Resources . Find the share by name or ticker symbol: G88. 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 Golden Mile 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 of $0.063, 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 Golden Mile 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.

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What's in this guide?

  1. Golden Mile Resources key stats
  2. Compare share trading platforms
  3. Is Golden Mile Resources stock a buy or sell?
  4. Golden Mile Resources performance over time
  5. Golden Mile Resources 's financials
  6. How volatile are Golden Mile Resources shares?
  7. Does Golden Mile Resources pay a dividend?
  8. Other common questions

Golden Mile Resources share price

Use our graph to track the performance of G88 stocks over time.

Golden Mile Resources shares at a glance

Information last updated 2020-10-20.
52-week range$0.02 - $0.09
50-day moving average $0.0624
200-day moving average $0.0495
Target priceN/A
PE ratio N/A
Dividend yield N/A (0%)
Earnings per share (TTM) $-0.017

Share Trading Account Offer

IG Share Trading Offer

AUD 8

Standard brokerage - Australian shares

Share Trading Account Offer

Competitive broker fees on Australian and international shares

  • Brokerage - AU shares: From AUD 5 or 0.05%
  • Brokerage - US shares: USD 0
  • Sign-up process: Instant
  • Support - After hours: Yes
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Important: Share trading carries risk of capital loss.

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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.
Data indicated here is updated regularly
Name Product Standard brokerage fee Inactivity fee Markets
IG Share Trading
Finder Award
IG Share Trading
AUD 8 or 0.1%
AUD 50 per quarter if you make fewer than three trades in that period
ASX shares, Global shares, Forex, CFDs, Margin trading
$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, forex and CFDs, plus get access to 24-hour customer support.
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More Info
Bell Direct Share Trading
Finder Award
Bell Direct Share Trading
AUD 15
No
ASX shares, Options trading, mFunds, ETFs, Warrants
Invest in Australian shares, options and managed funds from the one account with no inactivity fee.
Bell Direct offers a one-second placement guarantee on market-to-limit ASX orders or your trade is free, plus enjoy extensive free research reports from top financial experts.
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More Info
Superhero share trading
Superhero share trading
AUD 5
No
ASX shares, ETFs
Pay zero brokerage on all Australian ETFs.
Trade ASX stocks with a flat $5 commission fee and a low minimum investment of just $100.
Go to site
More Info
CMC Markets Stockbroking
Finder Award
CMC Markets Stockbroking
AUD 11 or 0.1%
No
ASX shares, Global shares, Forex, CFDs, Options trading, mFunds, ETFs, Warrants
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 9,000 products, including shares, managed funds, forex, commodities and cryptocurrencies, plus access up to 15 major global and Australian stock exchanges.
Go to site
More Info
SelfWealth Share Trading (Basic account)
SelfWealth Share Trading (Basic account)
AUD 9.5
No
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.
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More Info
ANZ Share Investing
ANZ Share Investing
AUD 19.95
No
ASX shares, Global shares, Options trading, mFunds, ETFs, Warrants
Earn 1 Qantas Point per AU$3 spent on brokerage fees on certain instruments.
Access Morningstar reports, company announcements and and live pricing via ANZ’s share investing platform. Available for desktop and mobile.
More Info
Westpac Online Investing Account
Westpac Online Investing Account
AUD 19.95 or 0.11%
USD 63.50 per year on the global markets account
ASX shares, Global shares, Options trading, ETFs
More Info
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Is it a good time to buy Golden Mile 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.

Technical Analysis of Golden Mile Resources Limited by TradingView

Golden Mile Resources price performance over time

Historical closes compared with the close of A$0.063 on 2020-10-22

1 week (2021-01-14) 23.53%
1 month (2020-12-21) 21.15%
3 months (2020-10-21) -4.55%
6 months (2020-07-21) 3.28%
1 year (2020-01-21) 16.67%
2 years (2019-01-21) -42.73%
3 years (2018-01-19) -90.31%
5 years (2016-01-17) N/A

Golden Mile Resources financials

Revenue TTM $54,376
Gross profit TTM $54,376
Return on assets TTM -90.25%
Return on equity TTM -151.89%
Profit margin 0%
Book value 0.014
Market capitalisation $8 million

TTM: trailing 12 months

Golden Mile Resources share dividends

We're not expecting Golden Mile Resources to pay a dividend over the next 12 months.

Golden Mile Resources share price volatility

Over the last 12 months, Golden Mile Resources 's shares have ranged in value from as little as $0.02 up to $0.09. A popular way to gauge a stock's volatility is its "beta".

G88.AU volatility(beta: 1.94)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 Golden Mile Resources 's is 1.9418. This would suggest that Golden Mile Resources 's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Golden Mile Resources overview

Golden Mile Resources Limited engages in the acquisition, exploration, and development of mineral properties in Australia. It explores for nickel, cobalt, gold, and base metal deposits. The company holds interests in the Leonora East Gold Project, Darlot Gold Project, and the Yuinmery Gold Project in the North-Eastern Goldfields of Western Australia; Ironstone Well Gold Project located to the northeast of the town of Leonora; and Minara Nickel-Cobalt Project to the east of Leonora, as well as Gidgee Project is located in the North-Eastern Goldfields of Western Australia. The company was incorporated in 2016 and is based in Melbourne, 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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