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Orminex is a gold business based in Australia. Orminex shares (ONX) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Orminex has a market cap (total outstanding shares value) of $21.6 million. If you're looking to buy shares, check out the steps below.
How to buy shares in Orminex
- 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 Orminex . Find the share by name or ticker symbol: ONX. 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 Orminex 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 Orminex . 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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Orminex stock price (ASX:ONX)
Use our graph to track the performance of ONX stocks over time.Orminex shares at a glance
Information last updated 2021-12-03.
| 52-week range | $0.029 - $0.059 |
|---|---|
| 50-day moving average | $0.036 |
| 200-day moving average | $0.0427 |
| Target price | N/A |
| PE ratio | N/A |
| Dividend yield | N/A (0%) |
| Earnings per share (TTM) | $-0.008 |
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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 Orminex 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.
Orminex price performance over time
Historical closes compared with the last close of A$0.037
| 6 months (2021-11-18) | -21.28% |
|---|
| 1 year (2021-05-18) | -28.85% |
|---|---|
| 2 years (2020-05-18) | -27.45% |
| 3 years (2019-05-17) | -69.17% |
| 5 years (2017-05-18) | -99.99% |
Orminex financials
| Gross profit TTM | $369,644 |
|---|---|
| Return on assets TTM | -22.23% |
| Return on equity TTM | -42.53% |
| Profit margin | 0% |
| Book value | 0.014 |
| Market capitalisation | $21.6 million |
TTM: trailing 12 months
Orminex share dividends
We're not expecting Orminex to pay a dividend over the next 12 months.
Have Orminex 's shares ever split?
Orminex 's shares were split on a 1:130 basis on 20 December 2017. So if you had owned 130 shares the day before the split, the next day you would own 1 share. This wouldn't directly have changed the overall worth of your Orminex shares – just the quantity. However, indirectly, the new 12900% higher share price could have impacted the market appetite for Orminex shares which in turn could have impacted Orminex 's share price.
Orminex share price volatility
Over the last 12 months, Orminex 's shares have ranged in value from as little as $0.029 up to $0.059. 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 Orminex 's is 1.8391. This would suggest that Orminex 's shares are more volatile than the average for this exchange and represent, relatively speaking, a higher risk (but potentially also market-beating returns).
Orminex overview
Labyrinth Resources Limited operates as a gold development and exploration company in Australia. The company holds a 51% interest in the Comet Vale project located to the northwest of Kalgoorlie, Western Australia; a 50% interest in the Penny's Find project located in Western Australia; and a 100% ownership in Golden Lode project located to the northwest of Kalgoorlie, Western Australia. It also holds an agreement to acquire a 100% interest in the Rocmec gold project and the Denain gold project located in the Abitibi Belt region of Quebec, Canada. The company was formerly known as Orminex Limited and changed its name to Labyrinth Resources Limited in November 2021. Labyrinth Resources Limited was incorporated in 1970 and is based in Subiaco, Australia.
Orminex 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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