How to buy New World Resources shares | A$0.049

New World Resources Limited is an other industrial metals & mining business based in Australia. New World Resources shares (NWC) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.049 – an increase of 16.67% over the previous week. New World Resources has a trailing 12-month revenue of around $1,623.

How to buy shares in New World 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 New World Resources . Find the share by name or ticker symbol: NWC. 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 New World 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 $0.049, 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 New World 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 New World Resources 's share price?

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

Its last market close was $0.049, which is 71.43% up on its pre-crash value of $0.014 and 880.00% up on the lowest point reached during the March crash when the shares fell as low as $0.005.

If you had bought $1,000 worth of New World Resources shares at the start of February 2020, those shares would have been worth $428.57 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 $3,500.00.

New World Resources share price

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

New World Resources shares at a glance

• Key figures

Information last updated 2020-10-20.

Latest market close	AUDA$0.049
52-week range	AUDA$0.005 - AUDA$0.048
50-day moving average	AUDA$0.041
200-day moving average	AUDA$0.024
Target price	N/A
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.014

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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 New World 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 New World Resources Limited by TradingView

New World Resources price performance over time

Historical closes compared with the close of A$0.049 on 2020-10-22

1 week (2020-10-16)	16.67%
1 month (2020-09-25)	25.64%
3 months (2020-07-24)	104.17%
6 months (2020-04-24)	276.92%

1 year (2019-10-24)	122.73%
2 years (2018-10-24)	25.64%
3 years (2017-10-24)	-51.00%
5 years (2015-10-23)	28.61%

Is New World Resources under- or over-valued?

Valuing New World Resources stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of New World Resources 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

New World Resources 's EBITDA

New World Resources 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $4.3 million.

The EBITDA is a measure of a New World Resources 's overall financial performance and is widely used to measure a its profitability.

New World Resources financials

Revenue TTM	$1,623
Gross profit TTM	$1,623
Return on assets TTM	-4.32%
Return on equity TTM	-7.03%
Profit margin	0%
Book value	0.019
Market capitalisation	$48.4 million

TTM: trailing 12 months

New World Resources share dividends

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

Have New World Resources 's shares ever split?

New World Resources 's shares were split on a 4:3 basis on 27 July 2017. So if you had owned 3 shares the day before before the split, the next day you'd have owned 4 shares. This wouldn't directly have changed the overall worth of your New World Resources shares – just the quantity. However, indirectly, the new 25% lower share price could have impacted the market appetite for New World Resources shares which in turn could have impacted New World Resources 's share price.

New World Resources share price volatility

Over the last 12 months, New World Resources 's shares have ranged in value from as little as $0.005 up to $0.048. 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 New World Resources 's is 3.8368. This would suggest that New World Resources 's shares are significantly more volatile than the average for this exchange and represent a higher risk.

New World Resources overview

New World Resources Limited engages in the exploration and development of mineral properties in North America. The company explores for gold, copper, zinc, and cobalt deposits. Its flagship project is the Antler copper project located in Arizona, the United States. The company was formerly known as New World Cobalt Limited and changed its name to New World Resources Limited in December 2019. New World Cobalt Limited was incorporated in 2004 and is based in Subiaco, Australia.

Frequently asked questions

• What percentage of New World Resources is owned by insiders?

  Currently 34.811% of New World Resources shares are held by insiders.

• When does the fiscal year end for New World Resources ?

  New World Resources 's fiscal year ends in June.

• Where is New World Resources based?

  New World Resources 's address is: 1/100 Railway Road, Subiaco, WA, Australia, 6008

• What is New World Resources 's ISIN number?

  New World Resources 's international securities identification number is: AU0000006934