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How to buy Grand Gulf Energy shares | A$0.008

Own Grand Gulf Energy shares in just a few minutes.

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Grand Gulf Energy Limited is an oil & gas e&p business based in Australia. Grand Gulf Energy shares (GGE) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.008 – the same closing value as a week prior. Grand Gulf Energy has a trailing 12-month revenue of around $1.6 million.

How to buy shares in Grand Gulf Energy

  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 Grand Gulf Energy . Find the share by name or ticker symbol: GGE. 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 Grand Gulf Energy 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 $0.008, 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 Grand Gulf Energy . 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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For our Top Picks, we compared our Finder partners using a proprietary algorithm in August 2020. Keep in mind that our top picks may not always be the best for you, and you're encouraged to compare for yourself to find one that works for you. Read our full methodology here to find out more.

How has coronavirus impacted Grand Gulf Energy 's share price?

Since the stock market crash in March caused by coronavirus, Grand Gulf Energy 's share price has had significant positive movement.

Its last market close was $0.008, which is 37.50% up on its pre-crash value of $0.005 and 166.67% up on the lowest point reached during the March crash when the shares fell as low as $0.003.

If you had bought $1,000 worth of Grand Gulf Energy shares at the start of February 2020, those shares would have been worth $500.00 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 $1,333.33.

Grand Gulf Energy share price

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

Grand Gulf Energy shares at a glance

Information last updated 2020-10-20.
Latest market closeAUDA$0.008
52-week rangeAUDA$0.002 - AUDA$0.013
50-day moving average AUDA$0.0077
200-day moving average AUDA$0.005
Target priceN/A
PE ratio 10
Dividend yield N/A (0%)
Earnings per share (TTM) AUDA$0.001

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
Brokerage discount: $5 on Australian shares for active traders & $0 commission on US and global 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.
Superhero share trading
AUD 5
No
ASX shares
Pay zero brokerage on all Australian ETFs.
Trade ASX stocks with a flat $5 commission fee and a low minimum investment of just $100.
CMC Markets Stockbroking
AUD 11 or 0.1%
No
ASX shares, Global shares, Forex, CFDs, Margin trading, Options trading, mFunds
$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.
Saxo Capital Markets (Classic account)
AUD 6.99 for issuer sponsored or AUD 14.90 CHESS
AUD 0
ASX shares, Global shares, Forex, CFDs, Margin trading, Options trading
High quality, low-cost brokerage on global share trading.
Access up to 19,000 global stocks on 36 of the world’s major stock exchanges and enjoy some of the most competitive FX rates on the the market when you trade with Saxo Capital Markets.
ANZ Share Investing
AUD 19.95
No
ASX shares, Global shares, Margin trading, Options trading
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.
Westpac Online Investing Account
AUD 19.95 or 0.11%
AUD 63.50 per year on the global markets account
ASX shares, Global shares, Options trading, US shares
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Is it a good time to buy Grand Gulf Energy 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.

Grand Gulf Energy price performance over time

Historical closes compared with the close of A$0.008 on 2020-10-20

1 week (2020-10-14) 0%
1 month (2020-09-21) 0%
3 months (2020-07-21) 100.00%
6 months (2020-04-21) 166.67%
1 year (2019-10-21) 166.67%
2 years (2018-10-19) 247.83%
3 years (2017-10-20) 344.44%
5 years (2015-10-21) 53.85%

Is Grand Gulf Energy under- or over-valued?

Valuing Grand Gulf Energy stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Grand Gulf Energy 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Grand Gulf Energy 's P/E ratio

Grand Gulf Energy 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 10x. In other words, Grand Gulf Energy shares trade at around 10x recent earnings.

That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Grand Gulf Energy 's EBITDA

Grand Gulf Energy 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $536,981.

The EBITDA is a measure of a Grand Gulf Energy 's overall financial performance and is widely used to measure a its profitability.

Grand Gulf Energy financials

Revenue TTM $1.6 million
Operating margin TTM 21.14%
Gross profit TTM $1 million
Return on assets TTM 6.94%
Return on equity TTM 12.33%
Profit margin 20.22%
Book value 0.007
Market capitalisation $3.1 million

TTM: trailing 12 months

Grand Gulf Energy share dividends

We're not expecting Grand Gulf Energy to pay a dividend over the next 12 months.

Have Grand Gulf Energy 's shares ever split?

Grand Gulf Energy 's shares were split on a 1:2 basis on 1 December 2019. So if you had owned 2 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 Grand Gulf Energy shares – just the quantity. However, indirectly, the new 100% higher share price could have impacted the market appetite for Grand Gulf Energy shares which in turn could have impacted Grand Gulf Energy 's share price.

Grand Gulf Energy share price volatility

Over the last 12 months, Grand Gulf Energy 's shares have ranged in value from as little as $0.002 up to $0.013. 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 Grand Gulf Energy 's is 2.6724. This would suggest that Grand Gulf Energy 's shares are significantly more volatile than the average for this exchange and represent a higher risk.

Grand Gulf Energy overview

Grand Gulf Energy Limited explores for and produces oil and gas leases in the United States. It owns a 39.65% working interest in the Desiree field; 55.5% working interest in the Dugas and Leblanc #3 well; 66% working interest in the DJ Basin covering an area of 355 net acres in Weld County, Colorado; and 40-50% interest in the East Texas Prospect covering an area of 1,238 net acres of 1,319 gross acres in Burleson County, Texas. The company was formerly known as Alto Energy International Limited and changed its name to Grand Gulf Energy Limited in June 2007. Grand Gulf Energy Limited was incorporated in 1996 and is based in West Leederville, Australia.

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