How to buy Pelican Resources (PEL) shares
Learn how to easily invest in Pelican Resources shares.
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Pelican Resources is an other industrial metals & mining business based in Australia. Pelican Resources shares (PEL) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian Dollar. Pelican Resources has a trailing 12-month revenue of around $601,317. If you're looking to buy shares, check out the steps below.
How to buy shares in Pelican Resources
- 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 Pelican Resources . Find the share by name or ticker symbol: PEL. 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 Pelican Resources 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 Pelican Resources . 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.
What's in this guide?
- Pelican Resources key stats
- Compare share trading platforms
- Is Pelican Resources stock a buy or sell?
- Pelican Resources performance over time
- Are Pelican Resources shares over-valued?
- Pelican Resources 's financials
- How volatile are Pelican Resources shares?
- Does Pelican Resources pay a dividend?
- Have Pelican Resources shares ever split?
- Other common questions
Pelican Resources stock price (ASX:PEL)Use our graph to track the performance of PEL stocks over time.
Pelican Resources shares at a glance
|52-week range||$0.038 - $0.07|
|50-day moving average||$0.0272|
|200-day moving average||$0.0272|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$-0.0004|
Compare share trading platforms
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
Is it a good time to buy Pelican Resources 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.
Pelican Resources price performance over time
|1 week (2022-01-20)||-10.87%|
|1 month (2021-12-27)||0.041|
|3 months (2021-10-27)||-8.89%|
|6 months (2021-07-27)||-31.67%|
|1 year (2021-01-27)||-32.79%|
|2 years (2020-01-27)||-5.79%|
|3 years (2019-01-25)||-5.79%|
|5 years (2017-01-27)||60.16%|
Is Pelican Resources under- or over-valued?
Valuing Pelican Resources stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Pelican Resources 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Pelican Resources 's P/E ratio
Pelican Resources 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 2x. In other words, Pelican Resources shares trade at around 2x 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.
Pelican Resources financials
|Gross profit TTM||$601,317|
|Return on assets TTM||-7.81%|
|Return on equity TTM||0.68%|
|Market capitalisation||$3.8 million|
TTM: trailing 12 months
Pelican Resources share dividends
We're not expecting Pelican Resources to pay a dividend over the next 12 months.
Have Pelican Resources 's shares ever split?
Pelican Resources 's shares were split on a 5:8 basis on 27 October 2020. So if you had owned 8 shares the day before the split, the next day you would own 5 shares. This wouldn't directly have changed the overall worth of your Pelican Resources shares – just the quantity. However, indirectly, the new 60% higher share price could have impacted the market appetite for Pelican Resources shares which in turn could have impacted Pelican Resources 's share price.
Pelican Resources share price volatility
Over the last 12 months, Pelican Resources 's shares have ranged in value from as little as $0.038 up to $0.07. 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 Pelican Resources 's is 0.2371. This would suggest that Pelican Resources 's shares are less volatile than average (for this exchange).
Pelican Resources overview
Pelican Resources Limited focuses on the resources sector. The company was incorporated in 1994 and is based in Perth, Australia.
Pelican Resources in the news
Frequently asked questions
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