How to buy Image Resources NL shares | A$0.215

Image Resources NL is an other industrial metals & mining business based in Australia. Image Resources NL shares (IMA) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.215 – an increase of 2.38% over the previous week. Image Resources NL has a trailing 12-month revenue of around $149.5 million.

How to buy shares in Image Resources NL

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 Image Resources NL. Find the share by name or ticker symbol: IMA. 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 Image Resources NL 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 $0.215, 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 Image Resources NL. 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 Image Resources NL's share price?

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

Its last market close was $0.215, which is 2.33% up on its pre-crash value of $0.21 and 79.17% up on the lowest point reached during the March crash when the shares fell as low as $0.12.

If you had bought $1,000 worth of Image Resources NL shares at the start of February 2020, those shares would have been worth $545.45 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 $977.27.

Image Resources NL share price

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

Image Resources NL shares at a glance

• Key figures

Information last updated 2020-10-21.

Latest market close	AUDA$0.215
52-week range	AUDA$0.12 - AUDA$0.28
50-day moving average	AUDA$0.1925
200-day moving average	AUDA$0.1715
Target price	AUDA$0.21
PE ratio	7.3171
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$0.028

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• Brokerage - US shares: USD 0
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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 Image Resources NL 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 Image Resources NL by TradingView

Image Resources NL price performance over time

Historical closes compared with the close of A$0.215 on 2020-10-22

1 week (2020-10-16)	2.38%
1 month (2020-09-25)	22.86%
3 months (2020-07-24)	22.86%
6 months (2020-04-24)	38.71%

1 year (2019-10-24)	-20.37%
2 years (2018-10-24)	68.63%
3 years (2017-10-24)	155.95%
5 years (2015-10-22)	247.90%

Is Image Resources NL under- or over-valued?

Valuing Image Resources NL stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Image Resources NL's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Image Resources NL's P/E ratio

Image Resources NL's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 7x. In other words, Image Resources NL shares trade at around 7x 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.

Image Resources NL's EBITDA

Image Resources NL's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $82.6 million.

The EBITDA is a measure of a Image Resources NL's overall financial performance and is widely used to measure a its profitability.

Image Resources NL financials

Revenue TTM	$149.5 million
Operating margin TTM	33.87%
Gross profit TTM	$57.1 million
Return on assets TTM	19.57%
Return on equity TTM	34.89%
Profit margin	18.81%
Book value	0.098
Market capitalisation	$210.5 million

TTM: trailing 12 months

Image Resources NL share dividends

We're not expecting Image Resources NL to pay a dividend over the next 12 months.

Image Resources NL share price volatility

Over the last 12 months, Image Resources NL's shares have ranged in value from as little as $0.12 up to $0.28. 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 Image Resources NL's is 2.0296. This would suggest that Image Resources NL's shares are significantly more volatile than the average for this exchange and represent a higher risk.

Image Resources NL overview

Image Resources NL operates as a mineral sands mining company. The company focuses on mining, ore processing, and production of heavy mineral concentrates. It primarily holds 100% interests in the Boonanarring and Atlas mineral sands projects, which are located in North Perth Basin in Western Australia. The company was incorporated in 1994 and is based in West Perth, Australia.

Frequently asked questions

• What percentage of Image Resources NL is owned by insiders or institutions?

  Currently 61.406% of Image Resources NL shares are held by insiders and 5.809% by institutions.

• When does the fiscal year end for Image Resources NL?

  Image Resources NL's fiscal year ends in December.

• Where is Image Resources NL based?

  Image Resources NL's address is: 23 Ventnor Avenue, West Perth, WA, Australia, 6005

• What is Image Resources NL's ISIN number?

  Image Resources NL's international securities identification number is: AU000000IMA1