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How to buy Musgrave Minerals shares | A$0.525

Own Musgrave Minerals shares in just a few minutes.

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Musgrave Minerals Limited is an other industrial metals & mining business based in Australia. Musgrave Minerals shares (MGV) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.525 – a decrease of 7.89% over the previous week. Musgrave Minerals has a trailing 12-month revenue of around $373,585.

How to buy shares in Musgrave Minerals

  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 Musgrave Minerals . Find the share by name or ticker symbol: MGV. 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 Musgrave Minerals 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 $0.525, 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 Musgrave Minerals . 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 Musgrave Minerals 's share price?

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

Its last market close was $0.525, which is 80.00% up on its pre-crash value of $0.105 and 707.69% up on the lowest point reached during the March crash when the shares fell as low as $0.065.

If you had bought $1,000 worth of Musgrave Minerals shares at the start of February 2020, those shares would have been worth $852.27 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 $5,965.91.

Musgrave Minerals share price

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

Musgrave Minerals shares at a glance

Information last updated 2020-10-20.
Latest market closeAUDA$0.525
52-week rangeAUDA$0.065 - AUDA$0.83
50-day moving average AUDA$0.5689
200-day moving average AUDA$0.4254
Target priceN/A
PE ratio 250
Dividend yield N/A (0%)
Earnings per share (TTM) AUDA$0.002

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.
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 Musgrave Minerals 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.

Musgrave Minerals price performance over time

Historical closes compared with the close of A$0.525 on 2020-10-22

1 week (2020-10-16) -7.89%
1 month (2020-09-25) -2.78%
3 months (2020-07-24) -17.97%
6 months (2020-04-24) 356.52%
1 year (2019-10-24) 581.82%
2 years (2018-10-24) 746.77%
3 years (2017-10-24) 672.06%
5 years (2015-10-23) 2,182.61%

Is Musgrave Minerals under- or over-valued?

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

Musgrave Minerals 's P/E ratio

Musgrave Minerals 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 250x. In other words, Musgrave Minerals shares trade at around 250x recent earnings.

That's relatively high compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Musgrave Minerals financials

Revenue TTM $373,585
Gross profit TTM $373,585
Return on assets TTM -0.9%
Return on equity TTM 4.03%
Profit margin 265.58%
Book value 0.063
Market capitalisation $254 million

TTM: trailing 12 months

Musgrave Minerals share dividends

We're not expecting Musgrave Minerals to pay a dividend over the next 12 months.

Musgrave Minerals share price volatility

Over the last 12 months, Musgrave Minerals 's shares have ranged in value from as little as $0.065 up to $0.83. 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 Musgrave Minerals 's is 0.189. This would suggest that Musgrave Minerals 's shares are less volatile than average (for this exchange).

Musgrave Minerals overview

Musgrave Minerals Limited operates as a gold and base metal exploration and development company in Australia. It primarily explores for silver, gold, copper, lead, zinc, and nickel. It focuses on the Cue Project in the Murchison Province of Western Australia. The company was incorporated in 2010 and is headquartered in West Perth, Australia.

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