How to buy Lindian Resources shares | A$0.02
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Lindian Resources Limited is a gold business based in Australia. Lindian Resources shares (LIN) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.02 – a decrease of 9.09% over the previous week. Lindian Resources has a trailing 12-month revenue of around $58,325.
How to buy shares in Lindian 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 Lindian Resources . Find the share by name or ticker symbol: LIN. 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 Lindian 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 of $0.02, 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 Lindian 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.
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What's in this guide?
- Lindian Resources key stats
- Compare share trading platforms
- Is Lindian Resources stock a buy or sell?
- Lindian Resources performance over time
- Lindian Resources 's financials
- How volatile are Lindian Resources shares?
- Does Lindian Resources pay a dividend?
- Have Lindian Resources shares ever split?
- Other common questions
How has coronavirus impacted Lindian Resources 's share price?
Since the stock market crash in March caused by coronavirus, Lindian Resources 's share price has had significant negative movement.
Its last market close was $0.02, which is 42.86% down on its pre-crash value of $0.035 and 122.22% up on the lowest point reached during the March crash when the shares fell as low as $0.009.
If you had bought $1,000 worth of Lindian Resources shares at the start of February 2020, those shares would have been worth $236.84 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 $526.32.
Lindian Resources share priceUse our graph to track the performance of LIN stocks over time.
Lindian Resources shares at a glance
|Latest market close||AUDA$0.02|
|52-week range||AUDA$0.009 - AUDA$0.053|
|50-day moving average||AUDA$0.0194|
|200-day moving average||AUDA$0.0155|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||AUDA$-0.002|
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
Important: Share trading carries risk of capital loss.
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Is it a good time to buy Lindian 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.
Lindian Resources price performance over time
|1 week (2020-10-13)||-9.09%|
|1 month (2020-09-18)||11.11%|
|3 months (2020-07-20)||42.86%|
|6 months (2020-04-20)||33.33%|
|1 year (2019-10-18)||33.33%|
|2 years (2018-10-19)||11.11%|
|3 years (2017-10-20)||-9.09%|
|5 years (2015-10-16)||N/A|
Lindian Resources financials
|Gross profit TTM||$58,325|
|Return on assets TTM||-61.15%|
|Return on equity TTM||-114.53%|
|Market capitalisation||$13.5 million|
TTM: trailing 12 months
Lindian Resources share dividends
We're not expecting Lindian Resources to pay a dividend over the next 12 months.
Have Lindian Resources 's shares ever split?
Lindian Resources 's shares were split on a 1:10 basis on 28 November 2016. So if you had owned 10 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 Lindian Resources shares – just the quantity. However, indirectly, the new 900% higher share price could have impacted the market appetite for Lindian Resources shares which in turn could have impacted Lindian Resources 's share price.
Lindian Resources share price volatility
Over the last 12 months, Lindian Resources 's shares have ranged in value from as little as $0.009 up to $0.053. 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 Lindian Resources 's is 0.5985. This would suggest that Lindian Resources 's shares are less volatile than average (for this exchange).
Lindian Resources overview
Lindian Resources Limited, together with its subsidiaries, engages in the exploration of mineral properties in Africa. It primarily explores for gold, bauxite, and rare earths mineral ores. The company focuses on the Gaoual Bauxite project located in the north west of Guinea, West Africa. Lindian Resources Limited is based in Perth, Australia.
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