How to buy Mayur Resources shares | A$0.445

Mayur Resources Ltd 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 listed in Australian Dollars. Its last market close was $0.445 – an increase of 5.95% over the previous week. Mayur Resources has a trailing 12-month revenue of around $169,991.

How to buy shares in Mayur 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 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.
4. 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. 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 $0.445, 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 Mayur 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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Mayur Resources share price

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

Mayur Resources shares at a glance

• Key figures

Information last updated 2020-10-21.

Latest market close	AUDA$0.445
52-week range	AUDA$0.15 - AUDA$0.58
50-day moving average	AUDA$0.43
200-day moving average	AUDA$0.3585
Target price	AUDA$1.31
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.022

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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 Mayur 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.

Technical Analysis of Mayur Resources Ltd by TradingView

Mayur Resources price performance over time

Historical closes compared with the close of A$0.445 on 2020-10-21

1 week (2020-10-15)	5.95%
1 month (2020-09-22)	11.25%
3 months (2020-07-22)	-7.29%
6 months (2020-04-20)	102.27%

1 year (2019-10-22)	-11.88%
2 years (2018-10-22)	-34.56%
3 years (2017-10-20)	-26.45%
5 years (2015-10-18)	N/A

Mayur Resources financials

Revenue TTM	$169,991
Gross profit TTM	$169,991
Return on assets TTM	-5.9%
Return on equity TTM	-10.63%
Profit margin	0%
Book value	0.216
Market capitalisation	$79.7 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 $0.15 up to $0.58. 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 Mayur Resources 's is 0.882. This would suggest that Mayur Resources 's shares are less volatile than average (for this exchange).

Mayur Resources overview

Mayur Resources Ltd engages in operates as a mineral exploration company in Papua New Guinea. The company operates through Industrial Minerals, Iron, Copper and Gold, 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 Copper and Gold segment comprises of Feni Island Project in the New Ireland, Province of Papua New Guinea; the Basilaki / Sideia project in Milne Bay Province; and the Sitipu Project in the Eastern Highlands province of Papua New Guinea. The Coal and Power segment includes Depot Creek coal resource in the Gulf Project of Papua New Guinea. The company was founded in 2011 and is based in Brisbane, Australia.

Frequently asked questions

• What percentage of Mayur Resources is owned by insiders or institutions?

  Currently 62.194% of Mayur Resources shares are held by insiders and 0.754% by institutions.

• When does the fiscal year end for Mayur Resources ?

  Mayur Resources 's fiscal year ends in June.

• Where is Mayur Resources based?

  Mayur Resources 's address is: 300 Adelaide Street, Brisbane, QLD, Australia, 4000