How to buy Red Mountain Mining shares | A$0.013

Red Mountain Mining Limited is an other precious metals & mining business based in Australia. Red Mountain Mining shares (RMX) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.013 – an increase of 18.18% over the previous week. Red Mountain Mining has a trailing 12-month revenue of around $51,384.

How to buy shares in Red Mountain 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 Red Mountain Mining . Find the share by name or ticker symbol: RMX. 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 Red Mountain 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 of $0.013, 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 Red Mountain 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.

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How has coronavirus impacted Red Mountain Mining 's share price?

Since the stock market crash in March caused by coronavirus, Red Mountain Mining 's share price has had significant positive movement.

Its last market close was $0.013, which is 61.54% up on its pre-crash value of $0.005 and 550.00% up on the lowest point reached during the March crash when the shares fell as low as $0.002.

If you had bought $1,000 worth of Red Mountain Mining shares at the start of February 2020, those shares would have been worth $600.00 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 $2,600.00.

Red Mountain Mining share price

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

Red Mountain Mining shares at a glance

• Key figures

Information last updated 2020-10-13.

Latest market close	AUDA$0.013
52-week range	AUDA$0.002 - AUDA$0.0155
50-day moving average	AUDA$0.0084
200-day moving average	AUDA$0.0057
Target price	N/A
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.001

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AUD 8

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• Brokerage - US shares: USD 0
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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 Red Mountain 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.

Technical Analysis of Red Mountain Mining Limited by TradingView

Red Mountain Mining price performance over time

Historical closes compared with the close of A$0.013 on 2020-10-19

1 week (2020-10-13)	18.18%
1 month (2020-09-18)	44.44%
3 months (2020-07-20)	160.00%
6 months (2020-04-20)	333.33%

1 year (2019-10-17)	160.00%
2 years (2018-10-18)	116.67%
3 years (2017-10-20)	0%
5 years (2015-10-20)	-74.61%

Red Mountain Mining financials

Revenue TTM	$51,384
Gross profit TTM	$51,384
Return on assets TTM	-47.27%
Return on equity TTM	-78.86%
Profit margin	0%
Book value	0.002
Market capitalisation	$12.4 million

TTM: trailing 12 months

Red Mountain Mining share dividends

We're not expecting Red Mountain Mining to pay a dividend over the next 12 months.

Have Red Mountain Mining 's shares ever split?

Red Mountain Mining 's shares were split on a 1:32 basis on 21 September 2016. So if you had owned 32 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 Red Mountain Mining shares – just the quantity. However, indirectly, the new 3100% higher share price could have impacted the market appetite for Red Mountain Mining shares which in turn could have impacted Red Mountain Mining 's share price.

Red Mountain Mining share price volatility

Over the last 12 months, Red Mountain Mining 's shares have ranged in value from as little as $0.002 up to $0.0155. 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 Red Mountain Mining 's is -1.3245. This would suggest that Red Mountain Mining 's shares have been inversely-correlated to the average (for this exchange) – so when the broader market trended up or down, Red Mountain Mining has bucked the trend.

Red Mountain Mining overview

Red Mountain Mining Limited primarily explores for gold properties in Australia and base metals in the Democratic Republic of the Congo. It holds interests in the Mt Maitland Gold project covering an area of approximately 62 square kilometers located in Murchison Goldfields in Western Australia; the Batangas Gold project situated in the Philippines; and the Mukabe-Kasari cobalt-copper project located in the Democratic Republic of the Congo. Red Mountain Mining Limited was incorporated in 2006 and is headquartered in West Perth, Australia.

Frequently asked questions

• What percentage of Red Mountain Mining is owned by insiders?

  Currently 22.432% of Red Mountain Mining shares are held by insiders.

• When does the fiscal year end for Red Mountain Mining ?

  Red Mountain Mining 's fiscal year ends in June.

• Where is Red Mountain Mining based?

  Red Mountain Mining 's address is: 1 Altona Street, West Perth, WA, Australia, 6005

• What is Red Mountain Mining 's ISIN number?

  Red Mountain Mining 's international securities identification number is: AU000000RMX4