How to buy High Grade Metals shares | A$0.0074
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High Grade Metals Limited is a gold business based in Australia. High Grade Metals shares (HGM) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.0074 – the same closing value as a week prior. High Grade Metals has a trailing 12-month revenue of around $847,500.
How to buy shares in High Grade Metals
- 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 High Grade Metals . Find the share by name or ticker symbol: HGM. 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 High Grade Metals 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 $0.0074, 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 High Grade Metals . 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?
- High Grade Metals key stats
- Compare share trading platforms
- Is High Grade Metals stock a buy or sell?
- High Grade Metals performance over time
- Are High Grade Metals shares over-valued?
- High Grade Metals 's financials
- How volatile are High Grade Metals shares?
- Does High Grade Metals pay a dividend?
- Have High Grade Metals shares ever split?
- Other common questions
How has coronavirus impacted High Grade Metals 's share price?
Since the stock market crash in March caused by coronavirus, High Grade Metals 's share price has had significant negative movement.
Its last market close was $0.0074, which is 7.50% down on its pre-crash value of $0.008 and 8.11% down on the lowest point reached during the March crash when the shares fell as low as $0.008.
If you had bought $1,000 worth of High Grade Metals shares at the start of February 2020, those shares would have been worth $1,000.00 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 $925.00.
High Grade Metals share priceUse our graph to track the performance of HGM stocks over time.
High Grade Metals shares at a glance
|Latest market close||AUDA$0.0074|
|52-week range||AUDA$0.0074 - AUDA$0.008|
|50-day moving average||AUDA$0.0074|
|200-day moving average||AUDA$0.0077|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||AUDA$-0.002|
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 High Grade Metals 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.
High Grade Metals price performance over time
|1 week (2020-10-12)||0%|
|1 month (2020-09-18)||0%|
|3 months (2020-07-17)||-7.50%|
|6 months (2020-04-17)||-7.50%|
|1 year (2019-10-18)||-7.50%|
|2 years (2018-10-19)||-69.17%|
|3 years (2017-10-19)||-73.57%|
|5 years (2015-10-19)||-97.53%|
Is High Grade Metals under- or over-valued?
Valuing High Grade Metals stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of High Grade Metals 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
High Grade Metals 's P/E ratio
High Grade Metals 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 0x. In other words, High Grade Metals shares trade at around 0x 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.
High Grade Metals financials
|Gross profit TTM||$537,354|
|Return on assets TTM||-13.28%|
|Return on equity TTM||-191.16%|
|Market capitalisation||$3.9 million|
TTM: trailing 12 months
High Grade Metals share dividends
We're not expecting High Grade Metals to pay a dividend over the next 12 months.
Have High Grade Metals 's shares ever split?
High Grade Metals 's shares were split on a 1:300 basis on 15 November 2016. So if you had owned 300 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 High Grade Metals shares – just the quantity. However, indirectly, the new 29900% higher share price could have impacted the market appetite for High Grade Metals shares which in turn could have impacted High Grade Metals 's share price.
High Grade Metals share price volatility
Over the last 12 months, High Grade Metals 's shares have ranged in value from as little as $0.0074 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 High Grade Metals 's is 0.9867. This would suggest that High Grade Metals 's shares are less volatile than average (for this exchange).
High Grade Metals overview
High Grade Metals Limited operates as a mineral exploration company in Australia and internationally. It primarily explores for cobalt, nickel, copper, gold, and vanadium deposits. The company's principal assets comprise nine 100% owned cobalt and gold projects located in Austria. It holds cobalt projects in Gratlspitz, Leogang, Seekar, and Zinkwand concession areas covering an area of 44 km2; and gold projects in Schellgaden North and South, Kreuzeck West, Kreuzeck East, and Goldeck-Siflitz exploration areas covering an area of 170 km2. The company is headquartered in Melbourne, Australia.
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