How to buy Great Northern Minerals shares | A$0.019

Great Northern Minerals Limited is a gold business based in Australia. Great Northern Minerals shares (GNM) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.019 – a decrease of 5% over the previous week. Great Northern Minerals has a trailing 12-month revenue of around $125,000.

How to buy shares in Great Northern Minerals

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 Great Northern Minerals . Find the share by name or ticker symbol: GNM. 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 Great Northern Minerals 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 $0.019, 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 Great Northern Minerals . 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 Great Northern Minerals 's share price?

Since the stock market crash in March caused by coronavirus, Great Northern Minerals 's share price has had significant positive movement.

Its last market close was $0.019, which is 73.68% up on its pre-crash value of $0.005 and 375.00% up on the lowest point reached during the March crash when the shares fell as low as $0.004.

If you had bought $1,000 worth of Great Northern Minerals shares at the start of February 2020, those shares would have been worth $625.00 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 $2,375.00.

Great Northern Minerals share price

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

Great Northern Minerals shares at a glance

• Key figures

Information last updated 2020-10-20.

Latest market close	AUDA$0.019
52-week range	AUDA$0.004 - AUDA$0.028
50-day moving average	AUDA$0.0207
200-day moving average	AUDA$0.0163
Target price	N/A
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.03

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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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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 Great Northern Minerals 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 Great Northern Minerals Limited by TradingView

Great Northern Minerals price performance over time

Historical closes compared with the close of A$0.019 on 2020-10-22

1 week (2020-10-15)	-5.00%
1 month (2020-09-22)	-5.00%
3 months (2020-07-22)	0%
6 months (2020-04-22)	280.00%

1 year (2019-10-22)	90.00%
2 years (2018-10-22)	-52.50%
3 years (2017-10-20)	-86.43%
5 years (2015-10-22)	-74.08%

Great Northern Minerals financials

Revenue TTM	$125,000
Gross profit TTM	$125,000
Return on assets TTM	-77.95%
Return on equity TTM	-163.31%
Profit margin	0%
Book value	0.005
Market capitalisation	$17.2 million

TTM: trailing 12 months

Great Northern Minerals share dividends

We're not expecting Great Northern Minerals to pay a dividend over the next 12 months.

Have Great Northern Minerals 's shares ever split?

Great Northern Minerals 's shares were split on a 1:10 basis on 21 October 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 Great Northern Minerals shares – just the quantity. However, indirectly, the new 900% higher share price could have impacted the market appetite for Great Northern Minerals shares which in turn could have impacted Great Northern Minerals 's share price.

Great Northern Minerals share price volatility

Over the last 12 months, Great Northern Minerals 's shares have ranged in value from as little as $0.004 up to $0.028. 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 Great Northern Minerals 's is 0.4446. This would suggest that Great Northern Minerals 's shares are less volatile than average (for this exchange).

Great Northern Minerals overview

Great Northern Minerals Limited explores for and develops gold mineral properties. The company has 100% interests in the Golden Ant Project comprising Camel Creek, Golden Cup, and Big Rush. The company was formerly known as Greenpower Energy Limited and changed its name to Great Northern Minerals Limited in October 2019. Great Northern Minerals Limited was incorporated in 1899 and is based in West Perth, Australia.

Frequently asked questions

• What percentage of Great Northern Minerals is owned by insiders?

  Currently 23.298% of Great Northern Minerals shares are held by insiders.

• When does the fiscal year end for Great Northern Minerals ?

  Great Northern Minerals 's fiscal year ends in June.

• Where is Great Northern Minerals based?

  Great Northern Minerals 's address is: 33 Colin Street, West Perth, WA, Australia, 6005