How to buy Mount Ridley Mines shares | A$0.003

Mount Ridley Mines Limited is an other industrial metals & mining business based in Australia. Mount Ridley Mines shares (MRD) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.003 – a decrease of 25% over the previous week. Mount Ridley Mines has a trailing 12-month revenue of around $114,132.

How to buy shares in Mount Ridley Mines

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 Mount Ridley Mines . Find the share by name or ticker symbol: MRD. 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 Mount Ridley Mines 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 $0.003, 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 Mount Ridley Mines . 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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How has coronavirus impacted Mount Ridley Mines 's share price?

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

Its last market close was $0.003, which is 33.33% up on its pre-crash value of $0.002 and 200.00% up on the lowest point reached during the March crash when the shares fell as low as $0.001.

If you had bought $1,000 worth of Mount Ridley Mines shares at the start of February 2020, those shares would have been worth $500.00 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 $1,500.00.

Mount Ridley Mines share price

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

Mount Ridley Mines shares at a glance

• Key figures

Information last updated 2020-10-14.

Latest market close	AUDA$0.003
52-week range	AUDA$0.001 - AUDA$0.004
50-day moving average	AUDA$0.0024
200-day moving average	AUDA$0.0015
Target price	N/A
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.0003

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AUD 8

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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 Mount Ridley Mines 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 Mount Ridley Mines Limited by TradingView

Mount Ridley Mines price performance over time

Historical closes compared with the close of A$0.003 on 2020-10-20

1 week (2020-10-13)	0%
1 month (2020-09-21)	20.00%
3 months (2020-07-20)	100.00%
6 months (2020-04-20)	200.00%

1 year (2019-10-18)	200.00%
2 years (2018-10-19)	15.38%
3 years (2017-10-20)	-68.75%
5 years (2015-10-20)	-75.61%

Mount Ridley Mines financials

Revenue TTM	$114,132
Gross profit TTM	$114,132
Return on assets TTM	-25.04%
Return on equity TTM	-15.29%
Profit margin	0%
Book value	0.001
Market capitalisation	$10.7 million

TTM: trailing 12 months

Mount Ridley Mines share dividends

We're not expecting Mount Ridley Mines to pay a dividend over the next 12 months.

Have Mount Ridley Mines 's shares ever split?

Mount Ridley Mines 's shares were split on a 1:7 basis on 13 October 2013. So if you had owned 7 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 Mount Ridley Mines shares – just the quantity. However, indirectly, the new 600% higher share price could have impacted the market appetite for Mount Ridley Mines shares which in turn could have impacted Mount Ridley Mines 's share price.

Mount Ridley Mines share price volatility

Over the last 12 months, Mount Ridley Mines 's shares have ranged in value from as little as $0.001 up to $0.004. 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 Mount Ridley Mines 's is 2.4224. This would suggest that Mount Ridley Mines 's shares are significantly more volatile than the average for this exchange and represent a higher risk.

Mount Ridley Mines overview

Mount Ridley Mines Limited engages in the exploration of mineral properties in Australia. The company explores for base and precious metal deposits, such as nickel, copper, cobalt, silver, and gold. It focuses primarily on a project in the Albany Fraser Range region of Western Australia 70 kilometers north east of a major port in Esperance. The company was formerly known as AXG Mining Limited and changed its name to Mount Ridley Mines Limited in December 2014. Mount Ridley Mines Limited was incorporated in 2000 and is based in Nedlands, Australia.

Frequently asked questions

• What percentage of Mount Ridley Mines is owned by insiders?

  Currently 40.222% of Mount Ridley Mines shares are held by insiders.

• When does the fiscal year end for Mount Ridley Mines ?

  Mount Ridley Mines 's fiscal year ends in June.

• Where is Mount Ridley Mines based?

  Mount Ridley Mines 's address is: 168 Stirling Highway, Nedlands, WA, Australia, 6009

• What is Mount Ridley Mines 's ISIN number?

  Mount Ridley Mines 's international securities identification number is: AU000000MRD6