How to buy Gulf Manganese Corporation shares | A$0.0055

Gulf Manganese Corporation Limited is an other industrial metals & mining business based in Australia. Gulf Manganese Corporation shares (GMC) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.0055 – the same closing value as a week prior. Gulf Manganese Corporation has a trailing 12-month revenue of around $40,665.

How to buy shares in Gulf Manganese Corporation

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 Gulf Manganese Corporation . Find the share by name or ticker symbol: GMC. 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 Gulf Manganese Corporation 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 $0.0055, 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 Gulf Manganese Corporation . 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 Gulf Manganese Corporation 's share price?

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

Its last market close was $0.0055, which is 0.00% up on its pre-crash value of $0.0055 and 10.00% up on the lowest point reached during the March crash when the shares fell as low as $0.005.

If you had bought $1,000 worth of Gulf Manganese Corporation shares at the start of February 2020, those shares would have been worth $1,100.00 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 $1,100.00.

Gulf Manganese Corporation share price

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

Gulf Manganese Corporation shares at a glance

• Key figures

Information last updated 2020-10-20.

Latest market close	AUDA$0.0055
52-week range	AUDA$0.004 - AUDA$0.008
50-day moving average	AUDA$0.0055
200-day moving average	AUDA$0.0055
Target price	N/A
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.003

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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 Gulf Manganese Corporation 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 Gulf Manganese Corporation Limited by TradingView

Gulf Manganese Corporation price performance over time

Historical closes compared with the close of A$0.0055 on 2020-10-22

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

1 year (2019-10-22)	-8.33%
2 years (2018-10-18)	N/A
3 years (2017-10-20)	-15.38%
5 years (2015-10-18)	N/A

Gulf Manganese Corporation financials

Revenue TTM	$40,665
Gross profit TTM	$40,665
Return on assets TTM	-15.78%
Return on equity TTM	-42.97%
Profit margin	0%
Book value	0.003
Market capitalisation	$26.2 million

TTM: trailing 12 months

Gulf Manganese Corporation share dividends

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

Have Gulf Manganese Corporation 's shares ever split?

Gulf Manganese Corporation 's shares were split on a 1:50 basis on 2 September 2014. So if you had owned 50 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 Gulf Manganese Corporation shares – just the quantity. However, indirectly, the new 4900% higher share price could have impacted the market appetite for Gulf Manganese Corporation shares which in turn could have impacted Gulf Manganese Corporation 's share price.

Gulf Manganese Corporation share price volatility

Over the last 12 months, Gulf Manganese Corporation 's shares have ranged in value from as little as $0.004 up to $0.008. 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 Gulf Manganese Corporation 's is -0.0431. This would suggest that Gulf Manganese Corporation 's shares have been inversely-correlated to the average (for this exchange) – so when the broader market trended up or down, Gulf Manganese Corporation has bucked the trend.

Gulf Manganese Corporation overview

Gulf Manganese Corporation Limited focuses on developing a ferromanganese smelting business in West Timor, Indonesia. The company produces and sells low carbon ferromanganese alloys. The company was formerly known as Gulf Minerals Corporation Limited and changed its name to Gulf Manganese Corporation Limited in May 2015. Gulf Manganese Corporation Limited was incorporated in 1993 and is headquartered in Ascot, Australia.

Frequently asked questions

• What percentage of Gulf Manganese Corporation is owned by insiders?

  Currently 25.59% of Gulf Manganese Corporation shares are held by insiders.

• When does the fiscal year end for Gulf Manganese Corporation ?

  Gulf Manganese Corporation 's fiscal year ends in June.

• Where is Gulf Manganese Corporation based?

  Gulf Manganese Corporation 's address is: T4/152 Great Eastern Highway, Ascot, WA, Australia, 6104

• What is Gulf Manganese Corporation 's ISIN number?

  Gulf Manganese Corporation 's international securities identification number is: AU000000GMC1