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How to buy High Grade Metals shares | A$0.0074

Own High Grade Metals shares in just a few minutes.


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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

  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 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.
  4. 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.
  5. 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.
  6. 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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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 price

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

High Grade Metals shares at a glance

Information last updated 2020-10-13.
Latest market closeAUDA$0.0074
52-week rangeAUDA$0.0074 - AUDA$0.008
50-day moving average AUDA$0.0074
200-day moving average AUDA$0.0077
Target priceN/A
PE ratio 0.0803
Dividend yield N/A (0%)
Earnings per share (TTM) AUDA$-0.002

Share Trading Account Offer

IG Share Trading Offer


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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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
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%
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
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
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 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

Historical closes compared with the close of A$0.0074 on 2020-10-19

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

Revenue TTM $847,500
Gross profit TTM $537,354
Return on assets TTM -13.28%
Return on equity TTM -191.16%
Profit margin 0%
Book value 0.012
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".

HGM.AU volatility(beta: 0.99)Avg. volatility(beta: 1.00)LowHigh

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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