How to buy Mayur Resources (MRL) shares
Learn how to easily invest in Mayur Resources shares.
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Mayur Resources is an other industrial metals & mining business based in Australia. Mayur Resources shares (MRL) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Mayur Resources has a trailing 12-month revenue of around $162. If you're looking to buy shares, check out the steps below.
How to buy shares in Mayur Resources
- Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the ASX. Our table can help you choose.
- Open and fund your brokerage account. Complete an application with your personal and financial details, such as your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
- Search for Mayur Resources . Find the share by name or ticker symbol: MRL. 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 Mayur Resources reaches your desired price. Look into dollar-cost averaging to spread out your risk, 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 on your investment. Congratulations, you own a part of Mayur Resources . Optimise your portfolio by tracking how your stock and 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 affect your stock.
What's in this guide?
- Mayur Resources key stats
- Compare share trading platforms
- Is Mayur Resources stock a buy or sell?
- Mayur Resources performance over time
- Are Mayur Resources shares over-valued?
- Mayur Resources 's financials
- How volatile are Mayur Resources shares?
- Does Mayur Resources pay a dividend?
- Other common questions
Mayur Resources stock price (ASX:MRL)Use our graph to track the performance of MRL stocks over time.
Mayur Resources shares at a glance
|52-week range||$0.059 - $0.28|
|50-day moving average||$0.112|
|200-day moving average||$0.1791|
|Dividend yield||$0 (0%)|
|Earnings per share (TTM)||$0.012|
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 Mayur Resources stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. 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.
Mayur Resources price performance over time
|1 week (2022-06-27)||1.33%|
|1 month (2022-06-03)||-33.91%|
|3 months (2022-04-04)||-52.50%|
|6 months (2022-01-04)||-65.45%|
|1 year (2021-07-02)||-65.45%|
|2 years (2020-07-03)||-49.33%|
|3 years (2019-07-04)||-86.18%|
Is Mayur Resources under- or over-valued?
Valuing Mayur Resources stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Mayur Resources 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Mayur Resources 's P/E ratio
Mayur Resources 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 6x. In other words, Mayur Resources shares trade at around 6x 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.
Mayur Resources financials
|Gross profit TTM||$58,656|
|Return on assets TTM||-5.64%|
|Return on equity TTM||-14.97%|
|Market capitalisation||$19.4 million|
TTM: trailing 12 months
Mayur Resources share dividends
We're not expecting Mayur Resources to pay a dividend over the next 12 months.
Mayur Resources share price volatility
Over the last 12 months, Mayur Resources 's shares have ranged in value from as little as $0.059 up to $0.28. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Mayur Resources 's is 0.3906. This would suggest that Mayur Resources 's shares are less volatile than average (for this exchange).
Mayur Resources overview
Mayur Resources Ltd engages in the exploration and evaluation of industrial minerals and iron projects in Papua New Guinea. The company operates through Industrial Minerals, Iron, and Coal and Power segments. The Industrial Minerals segment includes limestone and the Port Moresby Lime Project. The Iron segment develops Orokolo Bay Industrial Sands Project, consisting of construction sands, magnetite sand, and heavy mineral sands. The Coal and Power segment operates Depot Creek coal resource in the Gulf Project of Papua New Guinea. The company was founded in 2011 and is based in Brisbane, Australia.
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