How to buy Icon Energy shares | A$0.024

Icon Energy Limited is an oil & gas e&p business based in Australia. Icon Energy shares (ICN) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.024 – the same closing value as a week prior. Icon Energy has a trailing 12-month revenue of around $152,936.

How to buy shares in Icon Energy

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 Icon Energy . Find the share by name or ticker symbol: ICN. 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 Icon Energy 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 $0.024, 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 Icon 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.

🧪How we chose these brokers

For our Top Picks, we compared our Finder partners using a proprietary algorithm in August 2020. Keep in mind that our top picks may not always be the best for you, and you're encouraged to compare for yourself to find one that works for you. Read our full methodology here to find out more.

How has coronavirus impacted Icon Energy 's share price?

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

Its last market close was $0.024, which is 70.83% up on its pre-crash value of $0.007 and 380.00% 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 Icon Energy shares at the start of February 2020, those shares would have been worth $1,200.00 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 $4,800.00.

Icon Energy share price

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

Icon Energy shares at a glance

• Key figures

Information last updated 2020-10-20.

Latest market close	AUDA$0.024
52-week range	AUDA$0.005 - AUDA$0.025
50-day moving average	AUDA$0.0228
200-day moving average	AUDA$0.0134
Target price	AUDA$0.07
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.053

Share Trading Account Offer

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AUD 8

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.

Is it a good time to buy Icon 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.

Technical Analysis of Icon Energy Limited by TradingView

Icon Energy price performance over time

Historical closes compared with the close of A$0.024 on 2020-10-22

1 week (2020-10-16)	0%
1 month (2020-09-25)	20.00%
3 months (2020-07-24)	200.00%
6 months (2020-04-24)	200.00%

1 year (2019-10-24)	84.62%
2 years (2018-10-25)	26.32%
3 years (2017-10-25)	-4.00%
5 years (2015-10-22)	-29.41%

Icon Energy financials

Revenue TTM	$152,936
Gross profit TTM	$152,936
Return on assets TTM	-12.65%
Return on equity TTM	-29%
Profit margin	0%
Book value	0.015
Market capitalisation	$14.3 million

TTM: trailing 12 months

Icon Energy share dividends

We're not expecting Icon Energy to pay a dividend over the next 12 months.

Icon Energy share price volatility

Over the last 12 months, Icon Energy 's shares have ranged in value from as little as $0.005 up to $0.025. 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 Icon Energy 's is 1.2968. This would suggest that Icon Energy 's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Icon Energy overview

Icon Energy Limited engages in exploration, appraisal, and development of oil and gas properties in Australia. It holds interests in the Cooper/Eromanga, and Surat and Gippsland Basins located in Queensland. The company was formerly known as Icon Oil NL and changed its name to Icon Energy Limited in November 2000. Icon Energy Limited was founded in 1993 and is headquartered in Gold Coast, Australia.

Frequently asked questions

• What percentage of Icon Energy is owned by insiders?

  Currently 39.587% of Icon Energy shares are held by insiders.

• When does the fiscal year end for Icon Energy ?

  Icon Energy 's fiscal year ends in June.

• Where is Icon Energy based?

  Icon Energy 's address is: Lakeside 2 Bermuda Point, Gold Coast, QLD, Australia, 4227

• What is Icon Energy 's ISIN number?

  Icon Energy 's international securities identification number is: AU000000ICN5