How to buy Neometals shares | A$0.19

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

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 Neometals . Find the share by name or ticker symbol: NMT. 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 Neometals 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 $0.19, 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 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.

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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 price

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

Neometals shares at a glance

• Key figures

Information last updated 2020-10-20.

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
Target price	AUDA$0.4
PE ratio	1.1417
Dividend yield	N/A (11.76%)
Earnings per share (TTM)	AUDA$0.127

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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 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.

Technical Analysis of Neometals Ltd by TradingView

Neometals price performance over time

Historical closes compared with the close of A$0.19 on 2020-10-21

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.

Neometals financials

Revenue TTM	$1.7 million
Gross profit TTM	$1.7 million
Return on assets TTM	-7.2%
Return on equity TTM	-10.26%
Profit margin	0%
Book value	0.238
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 overview

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.

Frequently asked questions

• What percentage of Neometals is owned by insiders or institutions?

  Currently 20.373% of Neometals shares are held by insiders and 2.282% by institutions.

• When does the fiscal year end for Neometals ?

  Neometals 's fiscal year ends in June.

• Where is Neometals based?

  Neometals 's address is: 1292 Hay Street, West Perth, WA, Australia, 6005

• What is Neometals 's ISIN number?

  Neometals 's international securities identification number is: AU000000NMT1