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Neometals 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 in Australian dollars. Neometals has a trailing 12-month revenue of around $36.3 million. If you're looking to buy shares, check out the steps below.
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 ASX. Our table can help you choose.
- Open and fund your brokerage account. Complete an application with your personal and financial details, such as 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. Look into dollar-cost averaging to spread out your risk, 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 on your investment. Congratulations, you own a part of Neometals . Optimise your portfolio by tracking how your stock and 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 affect your stock.
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What's in this guide?
Neometals stock price (ASX:NMT)
Use our graph to track the performance of NMT stocks over time.Neometals shares at a glance
Information last updated 2022-06-28.
| 52-week range | $0.49 - $1.97 |
|---|---|
| 50-day moving average | $1.2928 |
| 200-day moving average | $1.2725 |
| Target price | $2.18 |
| PE ratio | 16.8182 |
| Dividend yield | $0 (0%) |
| Earnings per share (TTM) | $0.055 |
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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.
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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. However, this is not a recommendation. 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
Historical closes compared with the last close of A$0.895
| 1 week (2022-06-22) | 0.895 |
|---|---|
| 1 month (2022-05-27) | -31.42% |
| 3 months (2022-03-29) | -45.92% |
| 6 months (2021-12-29) | -23.50% |
| 1 year (2021-06-29) | 84.54% |
|---|---|
| 2 years (2020-06-29) | 517.24% |
| 3 years (2019-06-28) | 326.19% |
| 5 years (2017-06-29) | 225.45% |
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 17x. In other words, Neometals shares trade at around 17x 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 | $36.3 million |
|---|---|
| Gross profit TTM | $36.3 million |
| Return on assets TTM | -9.59% |
| Return on equity TTM | 13.67% |
| Profit margin | 0% |
| Book value | 0.239 |
| Market capitalisation | $507.2 million |
TTM: trailing 12 months
Neometals share dividends
We're not expecting Neometals to pay a dividend over the next 12 months.
Have Neometals 's shares ever split?
Neometals 's shares were split on a 161:152 basis on 5 April 2012. So if you had owned 152 shares the day before the split, the next day you would own 161 shares. This wouldn't directly have changed the overall worth of your Neometals shares – just the quantity. However, indirectly, the new 5.6% lower share price could have impacted the market appetite for Neometals shares which in turn could have impacted Neometals 's share price.
Neometals share price volatility
Over the last 12 months, Neometals 's shares have ranged in value from as little as $0.49 up to $1.97. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Neometals 's is 1.282. This would suggest that Neometals 's shares are more volatile than the average for this exchange and represent, relatively speaking, a higher risk (but potentially also market-beating returns).
Neometals overview
Neometals Ltd explores and evaluates mineral projects in Australia. The company operates through three segments: Lithium, Titanium/Vanadium, and Other. Its 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 pentoxide 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.
Neometals in the news
Frequently asked questions
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.
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