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How to buy Mineral Commodities shares | A$0.35

Own Mineral Commodities shares in just a few minutes.

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Mineral Commodities Ltd is an other industrial metals & mining business based in Australia. Mineral Commodities shares (MRC) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.35 – the same closing value as a week prior. Mineral Commodities has a trailing 12-month revenue of around $48.6 million.

How to buy shares in Mineral Commodities

  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 Mineral Commodities . Find the share by name or ticker symbol: MRC. 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 Mineral Commodities 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 $0.35, 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 Mineral Commodities . 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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For 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 Mineral Commodities 's share price?

Since the stock market crash in March caused by coronavirus, Mineral Commodities 's share price has had significant positive movement.

Its last market close was $0.35, which is 20.00% up on its pre-crash value of $0.28 and 169.23% up on the lowest point reached during the March crash when the shares fell as low as $0.13.

If you had bought $1,000 worth of Mineral Commodities shares at the start of February 2020, those shares would have been worth $521.74 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 $1,217.39.

Mineral Commodities share price

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

Mineral Commodities shares at a glance

Information last updated 2020-10-14.
Latest market closeAUDA$0.35
52-week rangeAUDA$0.13 - AUDA$0.4
50-day moving average AUDA$0.3001
200-day moving average AUDA$0.252
Target priceAUDA$0.13
PE ratio 14.0032
Dividend yield AUDA$0.01 (4.53%)
Earnings per share (TTM) AUDA$0.015

Share Trading Account Offer

IG Share Trading Offer

AUD 8

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
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Important: Share trading carries risk of capital loss.

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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.
Data indicated here is updated regularly
Name Product Standard brokerage fee Inactivity fee Markets
IG Share Trading
Finder Award
IG Share Trading
AUD 8 or 0.1%
AUD 50 per quarter if you make fewer than three trades in that period
ASX shares, Global shares, Forex, CFDs, Margin trading
Brokerage discount: $5 on Australian shares for active traders & $0 commission on US and global shares
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, forex and CFDs, plus get access to 24-hour customer support.
Superhero share trading
AUD 5
No
ASX shares
Pay zero brokerage on all Australian ETFs.
Trade ASX stocks with a flat $5 commission fee and a low minimum investment of just $100.
CMC Markets Stockbroking
AUD 11 or 0.1%
No
ASX shares, Global shares, Forex, CFDs, Margin trading, Options trading, mFunds
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 9,000 products, including shares, managed funds, forex, commodities and cryptocurrencies, plus access up to 15 major global and Australian stock exchanges.
Saxo Capital Markets (Classic account)
AUD 6.99 for issuer sponsored or AUD 14.90 CHESS
AUD 0
ASX shares, Global shares, Forex, CFDs, Margin trading, Options trading
High quality, low-cost brokerage on global share trading.
Access up to 19,000 global stocks on 36 of the world’s major stock exchanges and enjoy some of the most competitive FX rates on the the market when you trade with Saxo Capital Markets.
ANZ Share Investing
AUD 19.95
No
ASX shares, Global shares, Margin trading, Options trading
Earn 1 Qantas Point per AU$3 spent on brokerage fees on certain instruments.
Access Morningstar reports, company announcements and and live pricing via ANZ’s share investing platform. Available for desktop and mobile.
Westpac Online Investing Account
AUD 19.95 or 0.11%
AUD 63.50 per year on the global markets account
ASX shares, Global shares, Options trading, US shares
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Is it a good time to buy Mineral Commodities 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.

Mineral Commodities price performance over time

Historical closes compared with the close of A$0.35 on 2020-10-20

1 week (2020-10-13) 0%
1 month (2020-09-21) -4.11%
3 months (2020-07-20) 42.86%
6 months (2020-04-20) 40.00%
1 year (2019-10-18) 59.09%
2 years (2018-10-19) 89.19%
3 years (2017-10-20) 169.23%
5 years (2015-10-20) 191.67%

Is Mineral Commodities under- or over-valued?

Valuing Mineral Commodities stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Mineral Commodities 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Mineral Commodities 's P/E ratio

Mineral Commodities 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 14x. In other words, Mineral Commodities shares trade at around 14x 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.

Mineral Commodities 's EBITDA

Mineral Commodities 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $14.4 million.

The EBITDA is a measure of a Mineral Commodities 's overall financial performance and is widely used to measure a its profitability.

Mineral Commodities financials

Revenue TTM $48.6 million
Operating margin TTM 21.26%
Gross profit TTM $17.2 million
Return on assets TTM 7.2%
Return on equity TTM 14.66%
Profit margin 13.28%
Book value 0.103
Market capitalisation $159.3 million

TTM: trailing 12 months

Mineral Commodities share dividends

25%

Dividend payout ratio: 25.46% of net profits

Recently Mineral Commodities has paid out, on average, around 25.46% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.53% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Mineral Commodities shareholders could enjoy a 4.53% return on their shares, in the form of dividend payments. In Mineral Commodities 's case, that would currently equate to about A$0.01 per share.

While Mineral Commodities 's payout ratio might seem fairly standard, it's worth remembering that Mineral Commodities may be investing much of the rest of its net profits in future growth.

The latest dividend was paid out to all shareholders who bought their shares by 3 September 2019 (the "ex-dividend date").

Have Mineral Commodities 's shares ever split?

Mineral Commodities 's shares were split on 5 July 2009.

Mineral Commodities share price volatility

Over the last 12 months, Mineral Commodities 's shares have ranged in value from as little as $0.13 up to $0.4. A popular way to gauge a stock's volatility is its "beta".

MRC.AU volatility(beta: 0.86)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Mineral Commodities 's is 0.8578. This would suggest that Mineral Commodities 's shares are less volatile than average (for this exchange).

Mineral Commodities overview

Mineral Commodities Ltd explores for and develops mineral resources in South Africa and Australia. The company produces zircon, rutile, garnet, and ilmenite concentrates. It is also involved in graphite mining and processing activities. The company owns interests in the Tormin Mineral Sands project located in the Western Cape Province of South Africa; and the Munglinup Graphite project located in the Great Southern of Western Australia. It also holds interest in the Xolobeni Mineral Sands project located on the Eastern Cape of South Africa; and the Skaland Graphite Operation located in the northern Norway on the island of Senja. The company is headquartered in Welshpool, Australia.

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