How to buy Malachite Resources (MAR) shares

Malachite Resources Limited is a gold business based in Australia. Malachite Resources shares (MAR) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian Dollars. Malachite Resources has a trailing 12-month revenue of around $8,327. If you're looking to buy shares, check out the steps below.

How to buy shares in Malachite Resources

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 Malachite Resources . Find the share by name or ticker symbol: MAR. 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 Malachite Resources 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, 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 Malachite 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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Malachite Resources stock price (ASX:MAR)

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IG Share Trading Finder Award		AUD $8 or 0.1%	$50 per quarter if you make fewer than three trades in that period	ASX shares, Global shares	$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares. Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.	Go to site More Info	Compare	loading Fetching your data...
Superhero share trading		AUD $5	No	ASX shares, US shares, ETFs	Australia’s lowest-cost broker for ASX shares and ETFs. Pay zero brokerage on US stocks and all ETFs and just $5 (flat fee) to trade Australian shares from your mobile or desktop.	Go to site More Info	Compare	loading Fetching your data...
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Bell Direct Share Trading Finder AwardExclusive		AUD $15	No	ASX shares, mFunds, ETFs	Bell Direct offers a one-second placement guarantee on market-to-limit ASX orders or your trade is free, plus enjoy extensive free research reports from top financial experts.	Go to site More Info	Compare	loading Fetching your data...
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Is it a good time to buy Malachite 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.

Is Malachite Resources under- or over-valued?

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

Malachite Resources 's EBITDA

Malachite Resources 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $3.8 million.

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

Malachite Resources share dividends

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

Have Malachite Resources 's shares ever split?

Malachite Resources 's shares were split on a 1:100 basis on 21 April 2020. So if you had owned 100 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 Malachite Resources shares – just the quantity. However, indirectly, the new 9900% higher share price could have impacted the market appetite for Malachite Resources shares which in turn could have impacted Malachite Resources 's share price.

Malachite Resources share price volatility

Over the last 12 months, Malachite Resources 's shares have ranged in value from as little as $0.032 up to $0.079. 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 Malachite Resources 's is 0.0924. This would suggest that Malachite Resources 's shares are less volatile than average (for this exchange).

Malachite Resources overview

Malachite Resources Limited engages in the operation, exploration, and development of mineral deposits in Australia. Its principal property is the Lorena gold project located near Cloncurry in northwest Queensland. The company was incorporated in 1996 and is based in Sydney, Australia.

Frequently asked questions

• What percentage of Malachite Resources is owned by insiders?

  Currently 60.476% of Malachite Resources shares are held by insiders.

• When does the fiscal year end for Malachite Resources ?

  Malachite Resources 's fiscal year ends in June.

• Where is Malachite Resources based?

  Malachite Resources 's address is: 283 George Street, Sydney, NSW, Australia, 2000

• What is Malachite Resources 's ISIN number?

  Malachite Resources 's international securities identification number is: AU000000MAR2