How to buy MC Mining shares | A$0.105
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MC Mining Limited is a thermal coal business based in Australia. MC Mining shares (MCM) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.105 – a decrease of 4.55% over the previous week. MC Mining has a trailing 12-month revenue of around $17.2 million.
How to buy shares in MC Mining
- 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 MC Mining . Find the share by name or ticker symbol: MCM. 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 MC Mining 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 of $0.105, 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 MC Mining . 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 brokersFor 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 MC Mining 's share price?
Since the stock market crash in March caused by coronavirus, MC Mining 's share price has had significant negative movement.
Its last market close was $0.105, which is 76.67% down on its pre-crash value of $0.45 and 271.43% down on the lowest point reached during the March crash when the shares fell as low as $0.39.
If you had bought $1,000 worth of MC Mining shares at the start of February 2020, those shares would have been worth $860.22 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 $225.81.
MC Mining share priceUse our graph to track the performance of MCM stocks over time.
MC Mining shares at a glance
|Latest market close||AUDA$0.105|
|52-week range||AUDA$0.088 - AUDA$0.55|
|50-day moving average||AUDA$0.1031|
|200-day moving average||AUDA$0.1254|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||AUDA$-0.237|
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
Important: Share trading carries risk of capital loss.
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Is it a good time to buy MC Mining 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.
MC Mining price performance over time
|1 week (2020-10-19)||-4.55%|
|1 month (2020-09-25)||5.00%|
|3 months (2020-07-24)||0%|
|6 months (2020-04-24)||-32.26%|
|1 year (2019-10-23)||N/A|
|2 years (2018-10-23)||N/A|
|3 years (2017-10-26)||-87.50%|
|5 years (2015-10-26)||-90.63%|
Is MC Mining under- or over-valued?
Valuing MC Mining stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of MC Mining 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
MC Mining 's EBITDA
MC Mining 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $753,000.
The EBITDA is a measure of a MC Mining 's overall financial performance and is widely used to measure a its profitability.
MC Mining financials
|Revenue TTM||$17.2 million|
|Gross profit TTM||$-1,114,000|
|Return on assets TTM||-4.2%|
|Return on equity TTM||-10.55%|
|Market capitalisation||$17 million|
TTM: trailing 12 months
MC Mining share dividends
We're not expecting MC Mining to pay a dividend over the next 12 months.
Have MC Mining 's shares ever split?
MC Mining 's shares were split on a 1:20 basis on 6 December 2017. So if you had owned 20 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 MC Mining shares – just the quantity. However, indirectly, the new 1900% higher share price could have impacted the market appetite for MC Mining shares which in turn could have impacted MC Mining 's share price.
MC Mining share price volatility
Over the last 12 months, MC Mining 's shares have ranged in value from as little as $0.088 up to $0.55. 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 MC Mining 's is -0.7445. This would suggest that MC Mining 's shares have been inversely-correlated to the average (for this exchange) – so when the broader market trended up or down, MC Mining has bucked the trend.
MC Mining overview
MC Mining Limited, together with its subsidiaries, engages in the acquisition, exploration, development, and operation of metallurgical and thermal coal projects in South Africa. The company's principal projects include the Uitkomst Colliery, an metallurgical and thermal coal project located in the KwaZulu Natal province; Makhado hard coking and thermal coal project situated in the Soutpansberg coalfield in the Limpopo province; and the Vele Colliery semi-soft coking and thermal coal colliery located to the west of Musina in the Limpopo province. Its principal projects also comprise three coking and thermal coal projects, including Chapudi, Generaal, and Mopane located in Limpopo province. The company was formerly known as Coal of Africa Limited and changed its name to MC Mining Limited in November 2017. MC Mining Limited is based in Mount Pleasant, Australia.
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