How to buy Neometals shares | A$0.19
Own Neometals shares in just a few minutes.
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Neometals Ltd is an other industrial metals & mining business based in Australia. Neometals shares (NMT) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.19 – a decrease of 2.56% over the previous week. Neometals has a trailing 12-month revenue of around $1.7 million.
How to buy shares in Neometals
- 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 Neometals . Find the share by name or ticker symbol: NMT. 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 Neometals 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 of $0.19, 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 Neometals . 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.
🧪How we chose these brokersFor 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 Neometals 's share price?
Since the stock market crash in March caused by coronavirus, Neometals 's share price has had significant negative movement.
Its last market close was $0.19, which is 9.52% down on its pre-crash value of $0.21 and 40.74% up on the lowest point reached during the March crash when the shares fell as low as $0.135.
If you had bought $1,000 worth of Neometals shares at the start of February 2020, those shares would have been worth $891.89 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 $1,027.03.
Neometals share priceUse our graph to track the performance of NMT stocks over time.
Neometals shares at a glance
|Latest market close||AUDA$0.19|
|52-week range||AUDA$0.135 - AUDA$0.235|
|50-day moving average||AUDA$0.1878|
|200-day moving average||AUDA$0.17|
|Dividend yield||N/A (11.76%)|
|Earnings per share (TTM)||AUDA$0.127|
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
Important: Share trading carries risk of capital loss.
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Is it a good time to buy Neometals 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.
Neometals price performance over time
|1 week (2020-10-10)||N/A|
|1 month (2020-09-21)||2.70%|
|3 months (2020-07-17)||26.67%|
|6 months (2020-04-17)||11.76%|
|1 year (2019-10-18)||-9.52%|
|2 years (2018-10-19)||-19.15%|
|3 years (2017-10-19)||-44.12%|
|5 years (2015-10-19)||2.70%|
Is Neometals under- or over-valued?
Valuing Neometals stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Neometals 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Neometals 's P/E ratio
Neometals 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 1x. In other words, Neometals shares trade at around 1x recent earnings.
That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
|Revenue TTM||$1.7 million|
|Gross profit TTM||$1.7 million|
|Return on assets TTM||-7.2%|
|Return on equity TTM||-10.26%|
|Market capitalisation||$109.1 million|
TTM: trailing 12 months
Neometals share dividends
We're not expecting Neometals to pay a dividend over the next 12 months.
Neometals share price volatility
Over the last 12 months, Neometals 's shares have ranged in value from as little as $0.135 up to $0.235. 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 Neometals 's is 0.6743. This would suggest that Neometals 's shares are less volatile than average (for this exchange).
Neometals Ltd explores and evaluates mineral properties in Australia. The company operates through three segments: Lithium, Titanium/Vanadium, and Other. Its principal projects include the Lithium-ion Battery Recycling project, which recovers cobalt and other materials from spent and scrap lithium batteries; Vanadium Recovery project, which recovers vanadium from processing by-products; Lithium Refinery project; and Barrambie Titanium and Vanadium project located in Western Australia. The company was formerly known as Reed Resources Ltd. and changed its name to Neometals Ltd in December 2014. Neometals Ltd was incorporated in 2001 and is based in West Perth, Australia.
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