How to buy Grand Gulf Energy shares
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. Grand Gulf Energy has a trailing 12-month revenue of around $1.6 million..
How to buy shares in Grand Gulf Energy
- 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 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.
- 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.
- Decide on how many to buy. At today's price of $0.011, 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 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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What's in this guide?
- Grand Gulf Energy key stats
- Compare share trading platforms
- Is Grand Gulf Energy stock a buy or sell?
- Grand Gulf Energy performance over time
- Are Grand Gulf Energy shares over-valued?
- Grand Gulf Energy 's financials
- How volatile are Grand Gulf Energy shares?
- Does Grand Gulf Energy pay a dividend?
- Have Grand Gulf Energy shares ever split?
- Other common questions
Grand Gulf Energy share priceUse our graph to track the performance of GGE stocks over time.
Grand Gulf Energy shares at a glance
|52-week range||$0.003 - $0.015|
|50-day moving average||$0.0098|
|200-day moving average||$0.0075|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$0.001|
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
Important: Share trading carries risk of capital loss.
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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
|1 week (2021-01-18)||0%|
|1 month (2020-12-24)||10.00%|
|3 months (2020-10-23)||57.14%|
|6 months (2020-07-24)||175.00%|
|1 year (2020-01-24)||83.33%|
|2 years (2019-01-25)||378.26%|
|3 years (2018-01-25)||214.29%|
|5 years (2016-01-25)||214.29%|
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 11x. In other words, Grand Gulf Energy shares trade at around 11x 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%|
|Market capitalisation||$4.2 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 2 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 $0.003 up to $0.015. 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 2.0036. 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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