How to buy Rand Mining (RND) shares

Learn how to easily invest in Rand Mining shares.

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Rand Mining Limited is a gold business based in Australia. Rand Mining shares (RND) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian Dollars. Rand Mining has a trailing 12-month revenue of around $43.2 million. If you're looking to buy shares, check out the steps below.

How to buy shares in Rand Mining

  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 Rand Mining . Find the share by name or ticker symbol: RND. 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 Rand Mining 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, 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 Rand Mining . 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.

Rand Mining stock price (ASX:RND)

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

Rand Mining shares at a glance

Information last updated 2021-11-28.
52-week range$1.2849 - $1.9602
50-day moving average $1.4976
200-day moving average $1.5086
Target priceN/A
PE ratio 5.7059
Dividend yield $0.1 (6.87%)
Earnings per share (TTM) $0.255

Compare share trading platforms

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.
Name Product Standard brokerage fee Inactivity fee Markets
IG Share Trading
AUD $8 or 0.1%
$50 per quarter if you make fewer than three trades in that period
ASX shares, Global shares
$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
Superhero share trading
$5
No
ASX shares, US shares
Earn up to 15,000 Qantas frequent flyer points when you transfer an exisiting balance or trade. Offer valid for all new and existing Superhero members until 28 February.
Pay zero brokerage on US stocks and all ETFs and just $5 (flat fee) to trade Australian shares from your mobile or desktop.
ThinkMarkets Share Trading
AUD $8
No
ASX shares
Limited-time offer: Get 10 free ASX trades ($0 brokerage) when you open a share trading account with ThinkMarkets before 31 December 2021(T&Cs apply). $8 flat fee brokerage for CHESS Sponsored ASX stocks (HIN ownership), plus free live stock price data on an easy to use mobile app.
Bell Direct Share Trading
AUD $15
No
ASX shares, mFunds, ETFs
Finder Exclusive: Get 5 free stock trades and unlimited ETF trades until 31 Dec 2021, when you join Bell Direct. T&Cs apply.
Bell Direct offers a one-second placement guarantee on market-to-limit ASX orders or your trade is free, plus enjoy extensive free research reports from top financial experts.
Saxo Capital Markets (Classic account)
AUD $5
No
ASX shares, Global shares, ETFs
Access 19,000+ stocks on 40+ exchanges worldwide
Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile.
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Compare up to 4 providers

Is it a good time to buy Rand Mining 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.

Rand Mining price performance over time

Historical closes compared with the last close of A$1.49

1 week (2021-11-25) 2.41%
1 month (2021-11-05) 6.43%
3 months (2021-09-03) 1.36%
6 months (2021-06-04) 6.43%
1 year (2020-12-04) -21.37%
2 years (2019-12-05) -36.86%
3 years (2018-12-05) -23.20%
5 years (2016-12-05) -19.46%

Is Rand Mining under- or over-valued?

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

Rand Mining 's P/E ratio

Rand Mining 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 6x. In other words, Rand Mining shares trade at around 6x 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.

Rand Mining 's EBITDA

Rand Mining 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $27.8 million (£0.0 million).

The EBITDA is a measure of a Rand Mining 's overall financial performance and is widely used to measure a its profitability.

Rand Mining financials

Revenue TTM $43.2 million
Operating margin TTM 51.47%
Gross profit TTM $30.8 million
Return on assets TTM 14.22%
Return on equity TTM 17.26%
Profit margin 35.15%
Book value 1.586
Market capitalisation $82.8 million

TTM: trailing 12 months

Rand Mining share dividends

38%

Dividend payout ratio: 38.46% of net profits

Recently Rand Mining has paid out, on average, around 38.46% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 6.87% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Rand Mining shareholders could enjoy a 6.87% return on their shares, in the form of dividend payments. In Rand Mining 's case, that would currently equate to about A$0.1 per share.

While Rand Mining 's payout ratio might seem fairly standard, it's worth remembering that Rand Mining may be investing much of the rest of its net profits in future growth.

The latest dividend was paid out to all shareholders who bought their shares by 21 October 2021 (the "ex-dividend date").

Have Rand Mining 's shares ever split?

Rand Mining 's shares were split on 3 December 2009.

Rand Mining share price volatility

Over the last 12 months, Rand Mining 's shares have ranged in value from as little as $1.2849 up to $1.9602. 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 Rand Mining 's is -0.0305. This would suggest that Rand Mining 's shares have been inversely-correlated to the average (for this exchange) – so when the broader market trended up or down, Rand Mining has bucked the trend.

Rand Mining overview

Rand Mining Limited explores for, develops, and produces mineral properties in Australia. It primarily explores for gold and silver deposits. The company holds a 12.25% interest in the East Kundana Joint Venture located to the west north west of Kalgoorlie and north east of Coolgardie. It also has a 50% interest in the Seven Mile Hill project in Western Australia. The company was incorporated in 1966 and is based in South Perth, Australia.

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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