Get the Finder app 🥳

Track your credit score

Free

How to buy Mali Lithium shares | A$0.2

Own Mali Lithium shares in just a few minutes.

Posted

Fact checked

We’re committed to our readers and editorial independence. We don’t compare all products in the market and may receive compensation when we refer you to our partners, but this does not influence our opinions or reviews. Learn more about Finder .

Mali Lithium Limited is an other industrial metals & mining business based in Australia. Mali Lithium shares (MLL) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.2 – an increase of 5.26% over the previous week. Mali Lithium has a trailing 12-month revenue of around $58,804.

How to buy shares in Mali Lithium

  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 Mali Lithium . Find the share by name or ticker symbol: MLL. 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 Mali Lithium 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 $0.2, 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 Mali Lithium . 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.

🧪How we chose these brokers

For our Top Picks, we compared our Finder partners using a proprietary algorithm in August 2020. Keep in mind that our top picks may not always be the best for you, and you're encouraged to compare for yourself to find one that works for you. Read our full methodology here to find out more.

How has coronavirus impacted Mali Lithium 's share price?

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

Its last market close was $0.2, which is 58.00% up on its pre-crash value of $0.084 and 400.00% up on the lowest point reached during the March crash when the shares fell as low as $0.04.

If you had bought $1,000 worth of Mali Lithium shares at the start of February 2020, those shares would have been worth $427.08 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 $2,083.33.

Mali Lithium share price

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

Mali Lithium shares at a glance

Information last updated 2020-10-20.
Latest market closeAUDA$0.2
52-week rangeAUDA$0.04 - AUDA$0.22
50-day moving average AUDA$0.1694
200-day moving average AUDA$0.1202
Target priceAUDA$0.74
PE ratio N/A
Dividend yield N/A (0%)
Earnings per share (TTM) AUDA$-0.016

Share Trading Account Offer

IG Share Trading Offer

AUD 8

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
Go to site
More info

Important: Share trading carries risk of capital loss.

Promoted

Compare share trading platforms

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.
Data indicated here is updated regularly
Name Product Standard brokerage fee Inactivity fee Markets
IG Share Trading
Finder Award
IG Share Trading
AUD 8 or 0.1%
AUD 50 per quarter if you make fewer than three trades in that period
ASX shares, Global shares, Forex, CFDs, Margin trading
Brokerage discount: $5 on Australian shares for active traders & $0 commission on US and global shares
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, forex and CFDs, plus get access to 24-hour customer support.
Superhero share trading
AUD 5
No
ASX shares
Pay zero brokerage on all Australian ETFs.
Trade ASX stocks with a flat $5 commission fee and a low minimum investment of just $100.
CMC Markets Stockbroking
AUD 11 or 0.1%
No
ASX shares, Global shares, Forex, CFDs, Margin trading, Options trading, mFunds
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 9,000 products, including shares, managed funds, forex, commodities and cryptocurrencies, plus access up to 15 major global and Australian stock exchanges.
ANZ Share Investing
AUD 19.95
No
ASX shares, Global shares, Margin trading, Options trading
Earn 1 Qantas Point per AU$3 spent on brokerage fees on certain instruments.
Access Morningstar reports, company announcements and and live pricing via ANZ’s share investing platform. Available for desktop and mobile.
Westpac Online Investing Account
AUD 19.95 or 0.11%
AUD 63.50 per year on the global markets account
ASX shares, Global shares, Options trading, US shares
loading

Compare up to 4 providers

Is it a good time to buy Mali Lithium 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.

Mali Lithium price performance over time

Historical closes compared with the close of A$0.2 on 2020-10-22

1 week (2020-10-16) 5.26%
1 month (2020-09-23) 25.00%
3 months (2020-07-23) 29.03%
6 months (2020-04-23) 263.64%
1 year (2019-10-23) 143.90%
2 years (2018-10-23) -12.40%
3 years (2017-10-23) -48.99%
5 years (2015-10-23) 167.02%

Mali Lithium financials

Revenue TTM $58,804
Gross profit TTM $58,804
Return on assets TTM -6.47%
Return on equity TTM -10.25%
Profit margin 0%
Book value 0.081
Market capitalisation $71.2 million

TTM: trailing 12 months

Mali Lithium share dividends

We're not expecting Mali Lithium to pay a dividend over the next 12 months.

Have Mali Lithium 's shares ever split?

Mali Lithium 's shares were split on a 1:10 basis on 23 November 2015. 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 Mali Lithium shares – just the quantity. However, indirectly, the new 900% higher share price could have impacted the market appetite for Mali Lithium shares which in turn could have impacted Mali Lithium 's share price.

Mali Lithium share price volatility

Over the last 12 months, Mali Lithium 's shares have ranged in value from as little as $0.04 up to $0.22. 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 Mali Lithium 's is 3.6842. This would suggest that Mali Lithium 's shares are significantly more volatile than the average for this exchange and represent a higher risk.

Mali Lithium overview

Mali Lithium Limited primarily explores for lithium properties in Mali, West Africa. The company primarily explores for lithium deposits. The company holds 100% interest in the Goulamina Lithium project that covers an area of 295 square kilometers located in the Bougouni Region of southern Mali. It also holds in the gold deposits, such as Massigui Gold Project covering an area of 674 square kilometers; and Dankassa Gold Project, which comprise an area of 199 square kilometers located in southern Mali. The company was formerly known as Birimian Limited and changed its name to Mali Lithium Limited in June 2019. Mali Lithium Limited is based in Subiaco, Australia.

Frequently asked questions

More guides on Finder

Ask an Expert

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.
Go to site