How to buy Norwest Minerals shares | A$0.12
Own Norwest Minerals shares in just a few minutes.
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Norwest Minerals Limited is a gold business based in Australia. Norwest Minerals shares (NWM) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.12 – an increase of 20% over the previous week. Norwest Minerals has a trailing 12-month revenue of around $25,104.
How to buy shares in Norwest Minerals
- 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 Norwest Minerals . Find the share by name or ticker symbol: NWM. 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 Norwest Minerals 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 $0.12, 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 Norwest Minerals . 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 Norwest Minerals 's share price?
Since the stock market crash in March caused by coronavirus, Norwest Minerals 's share price has had significant negative movement.
Its last market close was $0.12, which is 25.00% down on its pre-crash value of $0.16 and 9.09% up on the lowest point reached during the March crash when the shares fell as low as $0.11.
If you had bought $1,000 worth of Norwest Minerals shares at the start of February 2020, those shares would have been worth $1,363.64 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 $1,090.91.
Norwest Minerals share priceUse our graph to track the performance of NWM stocks over time.
Norwest Minerals shares at a glance
|Latest market close||AUDA$0.12|
|52-week range||AUDA$0.098 - AUDA$0.22|
|50-day moving average||AUDA$0.1214|
|200-day moving average||AUDA$0.1466|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||AUDA$-0.046|
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 Norwest Minerals 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.
Norwest Minerals price performance over time
|1 week (2020-10-22)||0%|
|1 month (2020-09-29)||-25.00%|
|3 months (2020-07-29)||-25.00%|
|6 months (2020-04-29)||-25.00%|
|1 year (2019-10-25)||-25.00%|
|2 years (2018-10-25)||N/A|
|3 years (2017-10-25)||N/A|
|5 years (2015-10-25)||N/A|
Is Norwest Minerals under- or over-valued?
Valuing Norwest Minerals stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Norwest Minerals 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Norwest Minerals 's P/E ratio
Norwest Minerals 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 21x. In other words, Norwest Minerals shares trade at around 21x 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.
Norwest Minerals financials
|Gross profit TTM||$25,104|
|Return on assets TTM||-7.08%|
|Return on equity TTM||-11.56%|
|Market capitalisation||$13.1 million|
TTM: trailing 12 months
Norwest Minerals share dividends
We're not expecting Norwest Minerals to pay a dividend over the next 12 months.
Norwest Minerals overview
Norwest Minerals Limited engages in the exploration of gold and base metal deposits in Western Australia. The company also explores for iron oxide, copper, nickel, zinc, and lead deposits. Its principal projects include the 100% owned Bulgera gold project covering an area of 36.8 square kilometers located in the Plutonic Well Greenstone Belt of Western Australia; and 80% owned Arunta West gold and copper project located in Western Australia. Norwest Minerals Limited was incorporated in 2017 and is based in West Perth, Australia.
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