How to buy Laneway Resources (LNY) shares
Learn how to easily invest in Laneway Resources shares.
We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!
Laneway Resources Limited is an other industrial metals & mining business based in Australia. Laneway Resources shares (LNY) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian Dollars. Laneway Resources has a trailing 12-month revenue of around $2.3 million. If you're looking to buy shares, check out the steps below.
How to buy shares in Laneway Resources
- 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 Laneway Resources . Find the share by name or ticker symbol: LNY. 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 Laneway Resources 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, 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 Laneway Resources . 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.
What's in this guide?
- Laneway Resources key stats
- Compare share trading platforms
- Is Laneway Resources stock a buy or sell?
- Laneway Resources performance over time
- Laneway Resources 's financials
- How volatile are Laneway Resources shares?
- Does Laneway Resources pay a dividend?
- Have Laneway Resources shares ever split?
- Other common questions
Laneway Resources stock price (ASX:LNY)Use our graph to track the performance of LNY stocks over time.
Laneway Resources shares at a glance
|52-week range||$0.004 - $0.009|
|50-day moving average||$0.0048|
|200-day moving average||$0.0049|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$0|
Compare share trading platforms
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
Is it a good time to buy Laneway Resources 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.
Laneway Resources price performance over time
|1 week (2021-10-07)||0.005|
|1 month (2021-09-17)||0.005|
|3 months (2021-07-16)||0.005|
|6 months (2021-04-16)||-16.67%|
|1 year (2020-10-16)||-37.50%|
|2 years (2019-10-16)||-16.67%|
|3 years (2018-10-17)||25.00%|
|5 years (2016-10-17)||66.67%|
Is Laneway Resources under- or over-valued?
Valuing Laneway Resources stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Laneway Resources 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Laneway Resources 's EBITDA
Laneway Resources 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $1.3 million (£728,842).
The EBITDA is a measure of a Laneway Resources 's overall financial performance and is widely used to measure a its profitability.
Laneway Resources financials
|Revenue TTM||$2.3 million|
|Gross profit TTM||$2.3 million|
|Return on assets TTM||-6.72%|
|Return on equity TTM||-1.51%|
|Market capitalisation||$19.5 million|
TTM: trailing 12 months
Laneway Resources share dividends
We're not expecting Laneway Resources to pay a dividend over the next 12 months.
Have Laneway Resources 's shares ever split?
Laneway Resources 's shares were split on a 1:300 basis on 3 December 2012. 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 Laneway Resources shares – just the quantity. However, indirectly, the new 29900% higher share price could have impacted the market appetite for Laneway Resources shares which in turn could have impacted Laneway Resources 's share price.
Laneway Resources share price volatility
Over the last 12 months, Laneway Resources 's shares have ranged in value from as little as $0.004 up to $0.009. 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 Laneway Resources 's is 1.7153. This would suggest that Laneway Resources 's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Laneway Resources overview
Laneway Resources Limited explores for, evaluates, and develops gold and coal tenements in Australia and New Zealand. The company holds 100% interest in the Agate Creek gold project covering an area of approximately 1,024 square kilometers located in north Queensland; and the New Zealand gold project, which comprises an exploration permit covering an area of 58 square kilometers situated in the Hauraki Goldfield. It also holds interest in the Ashford coking coal project covering an area of 14 square kilometers located in New South Wales. Laneway Resources Limited was incorporated in 1986 and is based in Brisbane, Australia.
Stocks similar to Laneway Resources
Laneway Resources in the news
Frequently asked questions
More guides on Finder
Why is the a2 Milk (A2M) share price on a high?
Shares in the trans-Tasman dairy company are down 55% over the last 12 months.
Why has the Bank of Queensland (BOQ) share price stumbled?
Shares in the Brisbane-based lender have risen nearly 60% in the last 12 months.
How to invest in the Tissue Repair IPO
Everything we know about the Tissue Repair IPO, plus information on how to buy in.
How to buy Illuvium (ILV) in Australia
This guide will show you step-by-step instructions on how to buy the Illuvium (ILV) token as well as a list of exchanges you can trade it on.
What is weighing down the Westpac share price today?
Westpac shares are up 43% over the past 12 months.
16 stocks to watch following Sydney’s “freedom day”
Airports, travel agents and pubs are set to soar post lockdown, but should share investors look beyond immediate short-term wins?
Why is the IAG share price on a high today?
Shares in the insurer are up just 10% in the last 12 months.
How to invest in the Nimy Resources IPO
Everything we know about the Nimy Resources IPO, plus information on how to buy in.
Why the EML Payments share price is plunging today
The payment services company’s shares are up 16% in the last year.
How to invest in the Parabellum Resources IPO
Everything we know about the Parabellum Resources IPO, plus information on how to buy in.
Ask an Expert