How to buy PolarX shares | A$0.03

PolarX Limited is an other industrial metals & mining business based in Australia. PolarX shares (PXX) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.03 – the same closing value as a week prior. PolarX has a trailing 12-month revenue of around $6,786.

How to buy shares in PolarX

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 PolarX . Find the share by name or ticker symbol: PXX. 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 PolarX 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 $0.03, 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 PolarX . 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 brokers

For 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 PolarX 's share price?

Since the stock market crash in March caused by coronavirus, PolarX 's share price has had significant negative movement.

Its last market close was $0.03, which is 3.23% down on its pre-crash value of $0.031 and 172.73% up on the lowest point reached during the March crash when the shares fell as low as $0.011.

If you had bought $1,000 worth of PolarX shares at the start of February 2020, those shares would have been worth $314.29 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 $857.14.

PolarX share price

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

PolarX shares at a glance

• Key figures

Information last updated 2020-10-20.

Latest market close	AUDA$0.03
52-week range	AUDA$0.011 - AUDA$0.087
50-day moving average	AUDA$0.0431
200-day moving average	AUDA$0.037
Target price	N/A
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.005

Share Trading Account Offer

IG Share Trading Offer

AUD 8

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

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Important: Share trading carries risk of capital loss.

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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 PolarX 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 PolarX Limited by TradingView

PolarX price performance over time

Historical closes compared with the close of A$0.03 on 2020-10-22

1 week (2020-10-16)	0%
1 month (2020-09-25)	-23.08%
3 months (2020-07-24)	-28.57%
6 months (2020-04-24)	66.67%

1 year (2019-10-25)	-62.03%
2 years (2018-10-24)	-48.45%
3 years (2017-10-25)	-81.26%
5 years (2015-10-23)	-84.92%

PolarX financials

Revenue TTM	$6,786
Gross profit TTM	$6,786
Return on assets TTM	-18.73%
Return on equity TTM	-30.23%
Profit margin	0%
Book value	0.056
Market capitalisation	$12.9 million

TTM: trailing 12 months

PolarX share dividends

We're not expecting PolarX to pay a dividend over the next 12 months.

Have PolarX 's shares ever split?

PolarX 's shares were split on a 1:5 basis on 2 August 2017. So if you had owned 5 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your PolarX shares – just the quantity. However, indirectly, the new 400% higher share price could have impacted the market appetite for PolarX shares which in turn could have impacted PolarX 's share price.

PolarX share price volatility

Over the last 12 months, PolarX 's shares have ranged in value from as little as $0.011 up to $0.087. 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 PolarX 's is 1.875. This would suggest that PolarX 's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

PolarX overview

PolarX Limited engages in the exploration and development of mineral properties in the United States. The company explores for copper and gold deposits. Its principal property is the Alaska Range project, which comprise Stellar and Caribou Dome project consisting of 447 state mineral claims covering an area of approximately 261 square kilometers located in Alaska. The company was incorporated in 1945 and is based in Subiaco, Australia.

Frequently asked questions

• What percentage of PolarX is owned by insiders or institutions?

  Currently 34.835% of PolarX shares are held by insiders and 22.245% by institutions.

• When does the fiscal year end for PolarX ?

  PolarX 's fiscal year ends in June.

• Where is PolarX based?

  PolarX 's address is: 245 Churchill Avenue, Subiaco, WA, Australia, 6008