How to buy MC Mining (MCM) shares
Learn how to easily invest in MC Mining shares.
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MC Mining is a thermal coal business based in Australia. MC Mining shares (MCM) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. MC Mining has a trailing 12-month revenue of around $24.9 million. If you're looking to buy shares, check out the steps below.
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 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 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. 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 MC Mining . 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.
MC Mining stock price (ASX:MCM)Use our graph to track the performance of MCM stocks over time.
MC Mining shares at a glance
|52-week range||$0.078 - $0.175|
|50-day moving average||$0.1409|
|200-day moving average||$0.1118|
|Dividend yield||$0 (0%)|
|Earnings per share (TTM)||$-0.091|
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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. 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.
MC Mining price performance over time
|1 week (2022-06-23)||21.21%|
|1 month (2022-06-01)||-17.24%|
|3 months (2022-04-01)||4.35%|
|6 months (2021-12-31)||27.66%|
|1 year (2021-07-01)||20.00%|
|2 years (2020-07-01)||-4.00%|
|5 years (2017-06-29)||-99.35%|
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 $2.9 million (£0.0 million).
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||$24.9 million|
|Gross profit TTM||$400,000|
|Return on assets TTM||-3.87%|
|Return on equity TTM||-9.51%|
|Market capitalisation||$25.8 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 7 December 2017. So if you had owned 20 shares the day before the split, the next day you would own 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 $0.078 up to $0.175. 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 MC Mining 's is 0.8817. This would suggest that MC Mining 's shares are less volatile than average (for this exchange).
MC Mining overview
MC Mining Limited, together with its subsidiaries, acquires, explores, develops, and operates metallurgical and thermal coal projects in South Africa. The company's principal projects include the Uitkomst Colliery, a metallurgical and thermal coal project located in the KwaZulu Natal province; the Makhado hard coking and thermal coal project situated in the Soutpansberg coalfield in the Limpopo province; and the Vele Colliery, a semi-soft coking and thermal coal mine 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. MC Mining Limited was incorporated in 1979 and is based in Mount Pleasant, Australia.
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MC Mining in the news
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