How to buy Myanmar Metals (MYL) shares
Learn how to easily invest in Myanmar Metals shares.
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Myanmar Metals is an other industrial metals & mining business based in Australia. Myanmar Metals shares (MYL) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian Dollars. Myanmar Metals has a trailing 12-month revenue of around $29,445. If you're looking to buy shares, check out the steps below.
How to buy shares in Myanmar Metals
- 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.
- 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.
- Search for Myanmar Metals . Find the share by name or ticker symbol: MYL. 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 Myanmar Metals reaches your desired price. To spread out your risk, look into dollar-cost averaging, 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 in on your investment. Congratulations, you own a part of Myanmar 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.
What's in this guide?
Myanmar Metals stock price (ASX:MYL)Use our graph to track the performance of MYL stocks over time.
Myanmar Metals shares at a glance
|52-week range||$0.067 - $0.7|
|50-day moving average||$0.7|
|200-day moving average||$0.3441|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$-0.046|
Compare share trading platforms
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
Is it a good time to buy Myanmar 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.
Myanmar Metals price performance over time
|1 week (2022-01-13)||0.7|
|1 month (2021-12-23)||0.7|
|3 months (2021-10-22)||0.7|
|6 months (2021-07-23)||0.00%|
|1 year (2021-01-22)||-25.53%|
|2 years (2020-01-23)||45.83%|
|3 years (2019-01-23)||17.45%|
|5 years (2017-01-23)||-6.04%|
Myanmar Metals financials
|Gross profit TTM||$29,445|
|Return on assets TTM||-7.6%|
|Return on equity TTM||-12.85%|
|Market capitalisation||$13.3 million|
TTM: trailing 12 months
Myanmar Metals share dividends
We're not expecting Myanmar Metals to pay a dividend over the next 12 months.
Have Myanmar Metals 's shares ever split?
Myanmar Metals 's shares were split on a 1:10 basis on 28 September 2021. So if you had owned 10 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 Myanmar Metals shares – just the quantity. However, indirectly, the new 900% higher share price could have impacted the market appetite for Myanmar Metals shares which in turn could have impacted Myanmar Metals 's share price.
Myanmar Metals share price volatility
Over the last 12 months, Myanmar Metals 's shares have ranged in value from as little as $0.067 up to $0.7. 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 Myanmar Metals 's is 1.2677. This would suggest that Myanmar 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).
Myanmar Metals overview
Mallee Resources Limited, together with its subsidiaries, engages in the exploration and evaluation of mineral properties. The company was formerly known as Myanmar Metals Limited and changed its name to Mallee Resources Limited in September 2021. Mallee Resources Limited was incorporated in 2007 and is based in West Perth, Australia.
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Myanmar Metals in the news
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