How to buy Nagambie Resources shares | A$0.058

Nagambie Resources Limited is a gold business based in Australia. Nagambie Resources shares (NAG) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.058 – the same closing value as a week prior. Nagambie Resources has a trailing 12-month revenue of around $306,173.

How to buy shares in Nagambie Resources

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 Nagambie Resources . Find the share by name or ticker symbol: NAG. 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 Nagambie Resources 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 $0.058, 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 Nagambie Resources . 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 Nagambie Resources 's share price?

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

Its last market close was $0.058, which is 17.24% up on its pre-crash value of $0.048 and 93.33% up on the lowest point reached during the March crash when the shares fell as low as $0.03.

If you had bought $1,000 worth of Nagambie Resources shares at the start of February 2020, those shares would have been worth $612.24 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 $1,183.67.

Nagambie Resources share price

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

Nagambie Resources shares at a glance

• Key figures

Information last updated 2020-10-15.

Latest market close	AUDA$0.058
52-week range	AUDA$0.03 - AUDA$0.066
50-day moving average	AUDA$0.0542
200-day moving average	AUDA$0.0528
Target price	N/A
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.003

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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 Nagambie Resources 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 Nagambie Resources Limited by TradingView

Nagambie Resources price performance over time

Historical closes compared with the close of A$0.058 on 2020-10-19

1 week (2020-10-12)	0%
1 month (2020-09-18)	16.00%
3 months (2020-07-17)	20.83%
6 months (2020-04-17)	38.10%

1 year (2019-10-16)	9.43%
2 years (2018-10-19)	-10.77%
3 years (2017-10-18)	61.11%
5 years (2015-10-19)	31.82%

Nagambie Resources financials

Revenue TTM	$306,173
Gross profit TTM	$295,886
Return on assets TTM	-4.51%
Return on equity TTM	-8.17%
Profit margin	-286.27%
Book value	0.025
Market capitalisation	$29 million

TTM: trailing 12 months

Nagambie Resources share dividends

We're not expecting Nagambie Resources to pay a dividend over the next 12 months.

Have Nagambie Resources 's shares ever split?

Nagambie Resources 's shares were split on 13 October 2008. This wouldn't directly have changed the overall worth of your Nagambie Resources shares – just the quantity. However, indirectly, the new INF% higher share price could have impacted the market appetite for Nagambie Resources shares which in turn could have impacted Nagambie Resources 's share price.

Nagambie Resources share price volatility

Over the last 12 months, Nagambie Resources 's shares have ranged in value from as little as $0.03 up to $0.066. 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 Nagambie Resources 's is 0.6977. This would suggest that Nagambie Resources 's shares are less volatile than average (for this exchange).

Nagambie Resources overview

Nagambie Resources Limited engages in the exploration and development of gold and associated minerals, and construction materials in Australia. The company has a total area of 3,600 square kilometers of exploration licenses in Waranga Province. It is also involved in the investigation and development of waste handling assets, as well as property owning activities. The company was formerly known as Nagambie Mining Limited and changed its name to Nagambie Resources Limited in November 2015. Nagambie Resources Limited was incorporated in 2004 and is headquartered in Nagambie, Australia.

Frequently asked questions

• What percentage of Nagambie Resources is owned by insiders?

  Currently 50.899% of Nagambie Resources shares are held by insiders.

• When does the fiscal year end for Nagambie Resources ?

  Nagambie Resources 's fiscal year ends in June.

• Where is Nagambie Resources based?

  Nagambie Resources 's address is: 533 Zanelli Road, Nagambie, VIC, Australia, 3608

• What is Nagambie Resources 's ISIN number?

  Nagambie Resources 's international securities identification number is: AU000000NAG3