How to buy Mastermyne Group shares
Own Mastermyne Group shares in just a few minutes.
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Mastermyne Group Limited is a thermal coal business based in Australia. Mastermyne Group shares (MYE) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian Dollars. Mastermyne Group has a trailing 12-month revenue of around $268.5 million. If you're looking to buy shares, check out the steps below.
How to buy shares in Mastermyne Group
- 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 Mastermyne Group . Find the share by name or ticker symbol: MYE. 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 Mastermyne Group 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 Mastermyne Group . 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?
- Mastermyne Group key stats
- Compare share trading platforms
- Is Mastermyne Group stock a buy or sell?
- Mastermyne Group performance over time
- Are Mastermyne Group shares over-valued?
- Mastermyne Group 's financials
- How volatile are Mastermyne Group shares?
- Does Mastermyne Group pay a dividend?
- Other common questions
Mastermyne Group share priceUse our graph to track the performance of MYE stocks over time.
Mastermyne Group shares at a glance
|52-week range||$0.5482 - $0.9405|
|50-day moving average||$0.7822|
|200-day moving average||$0.711|
|Dividend yield||$0.048 (5.39%)|
|Earnings per share (TTM)||$0.086|
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 Mastermyne Group 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.
Mastermyne Group price performance over time
|1 week (2021-06-11)||-0.56%|
|1 month (2021-05-19)||20.55%|
|3 months (2021-03-19)||50.43%|
|6 months (2020-12-18)||29.41%|
|1 year (2020-06-19)||29.41%|
|2 years (2019-06-19)||4.76%|
|3 years (2018-06-19)||-16.19%|
|5 years (2016-06-17)||665.22%|
Is Mastermyne Group under- or over-valued?
Valuing Mastermyne Group stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Mastermyne Group 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Mastermyne Group 's P/E ratio
Mastermyne Group 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 10x. In other words, Mastermyne Group shares trade at around 10x recent earnings.
That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Mastermyne Group 's EBITDA
Mastermyne Group 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $20.4 million.
The EBITDA is a measure of a Mastermyne Group 's overall financial performance and is widely used to measure a its profitability.
Mastermyne Group financials
|Revenue TTM||$268.5 million|
|Operating margin TTM||5.19%|
|Gross profit TTM||$256.2 million|
|Return on assets TTM||7.12%|
|Return on equity TTM||13.56%|
|Market capitalisation||$94.5 million|
TTM: trailing 12 months
Mastermyne Group share dividends
Dividend payout ratio: 52.78% of net profits
Recently Mastermyne Group has paid out, on average, around 52.78% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 5.37% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Mastermyne Group shareholders could enjoy a 5.37% return on their shares, in the form of dividend payments. In Mastermyne Group 's case, that would currently equate to about A$0.048 per share.
Mastermyne Group 's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
The latest dividend was paid out to all shareholders who bought their shares by 24 March 2021 (the "ex-dividend date").
Mastermyne Group share price volatility
Over the last 12 months, Mastermyne Group 's shares have ranged in value from as little as $0.5482 up to $0.9405. 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 Mastermyne Group 's is 0.7601. This would suggest that Mastermyne Group 's shares are less volatile than average (for this exchange).
Mastermyne Group overview
Mastermyne Group Limited provides contracting services to the underground long wall mining operations and industrial products and services in coalfields and supporting industries of Queensland and New South Wales, Australia. The company offers various mining services and equipment to the coal mining industry including, new mine development, mine operation, roadway development, conveyors, outbye, ventilation, secondary support, long wall relocations, polymeric emergency strata consolidation, production and ancillary equipment, and mining consumables. It also provides acrow props; cable-hanging brackets; geosorb, quick drive cement, road salt, and safe mark paints; pigtails and brackets, and structure and leg pins; dewatering products comprising snorebox, strainers, and suction strainers; poly droppers, poly sticks, and reflective streamers; spear and trickle dusters; and cable hanging crooks, life line products, and measuring sticks. In addition, the company offers nuts, pipe hanging brackets, pogo sticks and snap jacks, rollers, shoulder pipes and manifolds, ventilation products, visi clips, and webbing straps. Further, it provides training and consulting services; design and engineering services; and manages and maintains mining projects. Additionally, the company engages in machinery hire activities. Mastermyne Group Limited was founded in 1996 and is headquartered in Mackay, Australia.
Frequently asked questions
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