How to buy MRG Metals shares | A$0.009

MRG Metals Ltd is an other industrial metals & mining business based in Australia. MRG Metals shares (MRQ) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.009 – a decrease of 10% over the previous week. MRG Metals has a trailing 12-month revenue of around $28,679.

How to buy shares in MRG Metals

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 MRG Metals . Find the share by name or ticker symbol: MRQ. 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 MRG Metals 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 $0.009, 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 MRG Metals . 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 MRG Metals 's share price?

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

Its last market close was $0.009, which is 11.11% up on its pre-crash value of $0.008 and 125.00% up on the lowest point reached during the March crash when the shares fell as low as $0.004.

If you had bought $1,000 worth of MRG Metals shares at the start of February 2020, those shares would have been worth $363.64 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 $818.18.

MRG Metals share price

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

MRG Metals shares at a glance

• Key figures

Information last updated 2020-10-20.

Latest market close	AUDA$0.009
52-week range	AUDA$0.005 - AUDA$0.03
50-day moving average	AUDA$0.0087
200-day moving average	AUDA$0.0079
Target price	N/A
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.006

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AUD 8

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• Brokerage - AU shares: From AUD 5 or 0.05%
• Brokerage - US shares: USD 0
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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.

Is it a good time to buy MRG Metals 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 MRG Metals Ltd by TradingView

MRG Metals price performance over time

Historical closes compared with the close of A$0.009 on 2020-10-22

1 week (2020-10-16)	-10.00%
1 month (2020-09-25)	0%
3 months (2020-07-24)	12.50%
6 months (2020-04-24)	38.46%

1 year (2019-10-24)	12.50%
2 years (2018-10-25)	80.00%
3 years (2017-10-24)	66.67%
5 years (2015-10-22)	N/A

MRG Metals financials

Revenue TTM	$28,679
Gross profit TTM	$28,679
Return on assets TTM	-30.93%
Return on equity TTM	-77.02%
Profit margin	0%
Book value	0.003
Market capitalisation	$13.5 million

TTM: trailing 12 months

MRG Metals share dividends

We're not expecting MRG Metals to pay a dividend over the next 12 months.

MRG Metals share price volatility

Over the last 12 months, MRG Metals 's shares have ranged in value from as little as $0.005 up to $0.03. 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 MRG Metals 's is 1.5456. This would suggest that MRG Metals 's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

MRG Metals overview

MRG Metals Ltd, together with its subsidiaries, explores for and develops heavy mineral sands. It holds interest in Mozambique HMS project comprising the Corridor Central and Corridor Souuth; the Linhuane Project that consists of 113 km2; and the Marao and Marruca Project, which covers 491 km2. The company was incorporated in 2011 and is based in Ballarat, Australia.

Frequently asked questions

• What percentage of MRG Metals is owned by insiders or institutions?

  Currently 26.393% of MRG Metals shares are held by insiders and 0.925% by institutions.

• When does the fiscal year end for MRG Metals ?

  MRG Metals 's fiscal year ends in June.

• Where is MRG Metals based?

  MRG Metals 's address is: 12 Anderson Street West, Ballarat, VIC, Australia, 3350

• What is MRG Metals 's ISIN number?

  MRG Metals 's international securities identification number is: AU000000MRQ8