How to buy Lake Resources N.L shares | A$0.067

Lake Resources NL is an other industrial metals & mining business based in Australia. Lake Resources N.L shares (LKE) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.067 – a decrease of 1.47% over the previous week. and has a market cap (total outstanding shares value) of $53.1 million.

How to buy shares in Lake Resources N.L

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 Lake Resources N.L. Find the share by name or ticker symbol: LKE. 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 Lake Resources N.L 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 $0.067, 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 Lake Resources N.L. 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 Lake Resources N.L's share price?

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

Its last market close was $0.067, which is 26.87% up on its pre-crash value of $0.049 and 204.55% up on the lowest point reached during the March crash when the shares fell as low as $0.022.

If you had bought $1,000 worth of Lake Resources N.L shares at the start of February 2020, those shares would have been worth $574.47 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 $1,425.53.

Lake Resources N.L share price

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

Lake Resources N.L shares at a glance

• Key figures

Information last updated 2020-10-14.

Latest market close	AUDA$0.067
52-week range	AUDA$0.022 - AUDA$0.094
50-day moving average	AUDA$0.0508
200-day moving average	AUDA$0.0397
Target price	N/A
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.01

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AUD 8

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• Brokerage - US shares: USD 0
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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 Lake Resources N.L 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 Lake Resources NL by TradingView

Lake Resources N.L price performance over time

Historical closes compared with the close of A$0.067 on 2020-10-19

1 week (2020-10-12)	-2.90%
1 month (2020-09-18)	11.67%
3 months (2020-07-17)	71.79%
6 months (2020-04-17)	91.43%

1 year (2019-10-18)	76.32%
2 years (2018-10-19)	-22.09%
3 years (2017-10-19)	-4.29%
5 years (2015-10-19)	1,240.00%

Lake Resources N.L financials

Gross profit TTM	$0
Return on assets TTM	-15.13%
Return on equity TTM	-30.65%
Profit margin	0%
Book value	0.025
Market capitalisation	$53.1 million

TTM: trailing 12 months

Lake Resources N.L share dividends

We're not expecting Lake Resources N.L to pay a dividend over the next 12 months.

Have Lake Resources N.L's shares ever split?

Lake Resources N.L's shares were split on a 3:4 basis on 6 November 2008. So if you had owned 4 shares the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your Lake Resources N.L shares – just the quantity. However, indirectly, the new 33.3% higher share price could have impacted the market appetite for Lake Resources N.L shares which in turn could have impacted Lake Resources N.L's share price.

Lake Resources N.L share price volatility

Over the last 12 months, Lake Resources N.L's shares have ranged in value from as little as $0.022 up to $0.094. 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 Lake Resources N.L's is -1.508. This would suggest that Lake Resources N.L's shares have been inversely-correlated to the average (for this exchange) – so when the broader market trended up or down, Lake Resources N.L has bucked the trend.

Lake Resources N.L overview

Lake Resources NL explores for and develops lithium projects in Argentina. Its flagship project is the Kachi lithium brine project that consists of 37 mining leases covering an area of approximately 70,400 hectares located in Catamarca province, Argentina. The company was founded in 1997 and is based in Sydney, Australia.

Frequently asked questions

• What percentage of Lake Resources N.L is owned by insiders?

  Currently 25.501% of Lake Resources N.L shares are held by insiders.

• When does the fiscal year end for Lake Resources N.L?

  Lake Resources N.L's fiscal year ends in June.

• Where is Lake Resources N.L based?

  Lake Resources N.L's address is: 126 Phillip Street, Sydney, NSW, Australia, 2000

• What is Lake Resources N.L's ISIN number?

  Lake Resources N.L's international securities identification number is: AU000000LKE1