How to buy Magnis Energy Technologies shares | A$0.185

Magnis Energy Technologies Limited is an electrical equipment & parts business based in Australia. Magnis Energy Technologies shares (MNS) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.185 – a decrease of 13.95% over the previous week. Magnis Energy Technologies has a trailing 12-month revenue of around $19,843.

How to buy shares in Magnis Energy Technologies

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 Magnis Energy Technologies . Find the share by name or ticker symbol: MNS. 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 Magnis Energy Technologies 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 $0.185, 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 Magnis Energy Technologies . 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 Magnis Energy Technologies 's share price?

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

Its last market close was $0.185, which is 45.95% up on its pre-crash value of $0.1 and 270.00% up on the lowest point reached during the March crash when the shares fell as low as $0.05.

If you had bought $1,000 worth of Magnis Energy Technologies shares at the start of February 2020, those shares would have been worth $593.75 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 $1,927.08.

Magnis Energy Technologies share price

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

Magnis Energy Technologies shares at a glance

• Key figures

Information last updated 2020-10-20.

Latest market close	AUDA$0.185
52-week range	AUDA$0.047 - AUDA$0.28
50-day moving average	AUDA$0.1982
200-day moving average	AUDA$0.1314
Target price	AUDA$1.25
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.009

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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 Magnis Energy Technologies 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 Magnis Energy Technologies Limited by TradingView

Magnis Energy Technologies price performance over time

Historical closes compared with the close of A$0.185 on 2020-10-22

1 week (2020-10-22)	0%
1 month (2020-09-29)	-5.13%
3 months (2020-07-29)	0%
6 months (2020-04-29)	270.00%

1 year (2019-10-29)	27.59%
2 years (2018-10-29)	-33.93%
3 years (2017-10-27)	-59.34%
5 years (2015-10-29)	-44.29%

Magnis Energy Technologies financials

Revenue TTM	$19,843
Gross profit TTM	$19,843
Return on assets TTM	-19.51%
Return on equity TTM	-30.34%
Profit margin	0%
Book value	0.029
Market capitalisation	$134.3 million

TTM: trailing 12 months

Magnis Energy Technologies share dividends

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

Magnis Energy Technologies share price volatility

Over the last 12 months, Magnis Energy Technologies 's shares have ranged in value from as little as $0.047 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 Magnis Energy Technologies 's is 1.1207. This would suggest that Magnis Energy Technologies 's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Magnis Energy Technologies overview

Magnis Energy Technologies Limited explores for and develops mineral properties in Australia and East Africa. It primarily explores for natural flake graphite used in batteries for storing electrical energy. The company holds a 100% interest in the Nachu graphite project located in southeast Tanzania. It also engages in the lithium-ion Battery investments. The company was formerly known as Magnis Resources Limited and changed its name to Magnis Energy Technologies Limited in November 2018. Magnis Energy Technologies Limited was incorporated in 2005 and is headquartered in Sydney, Australia.

Frequently asked questions

• What percentage of Magnis Energy Technologies is owned by insiders or institutions?

  Currently 23.285% of Magnis Energy Technologies shares are held by insiders and 5.574% by institutions.

• When does the fiscal year end for Magnis Energy Technologies ?

  Magnis Energy Technologies 's fiscal year ends in June.

• Where is Magnis Energy Technologies based?

  Magnis Energy Technologies 's address is: Aurora Place, Sydney, NSW, Australia, 2000

• What is Magnis Energy Technologies 's ISIN number?

  Magnis Energy Technologies 's international securities identification number is: AU000000MNS3