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How to buy Reedy Lagoon Corporation shares | A$0.013

Own Reedy Lagoon Corporation shares in just a few minutes.

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Reedy Lagoon Corporation Limited is an other industrial metals & mining business based in Australia. Reedy Lagoon Corporation shares (RLC) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.013 – the same closing value as a week prior. Reedy Lagoon Corporation has a trailing 12-month revenue of around $128.

How to buy shares in Reedy Lagoon Corporation

  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 Reedy Lagoon Corporation . Find the share by name or ticker symbol: RLC. 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 Reedy Lagoon Corporation 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 Reedy Lagoon Corporation . 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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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 Reedy Lagoon Corporation 's share price?

Since the stock market crash in March caused by coronavirus, Reedy Lagoon Corporation 's share price has had significant positive movement.

Its last market close was $0.013, which is 76.92% up on its pre-crash value of $0.003 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 Reedy Lagoon Corporation shares at the start of February 2020, those shares would have been worth $666.67 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 $4,333.33.

Reedy Lagoon Corporation share price

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

Reedy Lagoon Corporation shares at a glance

Information last updated 2020-10-21.
Latest market closeAUDA$0.013
52-week rangeAUDA$0.002 - AUDA$0.014
50-day moving average AUDA$0.0127
200-day moving average AUDA$0.0071
Target priceN/A
PE ratio N/A
Dividend yield N/A (0%)
Earnings per share (TTM) AUDA$-0.002

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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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.
Data indicated here is updated regularly
Name Product Standard brokerage fee Inactivity fee Markets
IG Share Trading
Finder Award
IG Share Trading
AUD 8 or 0.1%
AUD 50 per quarter if you make fewer than three trades in that period
ASX shares, Global shares, Forex, CFDs, Margin trading
Brokerage discount: $5 on Australian shares for active traders & $0 commission on US and global shares
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, forex and CFDs, plus get access to 24-hour customer support.
Superhero share trading
AUD 5
No
ASX shares
Pay zero brokerage on all Australian ETFs.
Trade ASX stocks with a flat $5 commission fee and a low minimum investment of just $100.
CMC Markets Stockbroking
AUD 11 or 0.1%
No
ASX shares, Global shares, Forex, CFDs, Margin trading, Options trading, mFunds
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 9,000 products, including shares, managed funds, forex, commodities and cryptocurrencies, plus access up to 15 major global and Australian stock exchanges.
SelfWealth Share Trading (Basic account)
AUD 9.5
AUD 0
ASX shares
Trade ASX-listed shares for a flat fee of $9.50, regardless of the trade size.
New customers receive free access to Community Insights with SelfWealth Premium for the first 90 days. Follow other investors and benchmark your portfolio performance.
ANZ Share Investing
AUD 19.95
No
ASX shares, Global shares, Margin trading, Options trading
Earn 1 Qantas Point per AU$3 spent on brokerage fees on certain instruments.
Access Morningstar reports, company announcements and and live pricing via ANZ’s share investing platform. Available for desktop and mobile.
Westpac Online Investing Account
AUD 19.95 or 0.11%
AUD 63.50 per year on the global markets account
ASX shares, Global shares, Options trading, US shares
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Is it a good time to buy Reedy Lagoon Corporation 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.

Reedy Lagoon Corporation price performance over time

Historical closes compared with the close of A$0.013 on 2020-10-22

1 week (2020-10-22) 0%
1 month (2020-09-29) -7.14%
3 months (2020-07-29) 85.71%
6 months (2020-04-29) 550.00%
1 year (2019-10-29) 225.00%
2 years (2018-10-29) 62.50%
3 years (2017-10-27) -39.81%
5 years (2015-10-29) 6.56%

Is Reedy Lagoon Corporation under- or over-valued?

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

Reedy Lagoon Corporation 's EBITDA

Reedy Lagoon Corporation 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $1.1 million.

The EBITDA is a measure of a Reedy Lagoon Corporation 's overall financial performance and is widely used to measure a its profitability.

Reedy Lagoon Corporation financials

Revenue TTM $128
Gross profit TTM $128
Return on assets TTM -56.9%
Return on equity TTM -140.91%
Profit margin 0%
Book value 0.001
Market capitalisation $6.1 million

TTM: trailing 12 months

Reedy Lagoon Corporation share dividends

We're not expecting Reedy Lagoon Corporation to pay a dividend over the next 12 months.

Reedy Lagoon Corporation share price volatility

Over the last 12 months, Reedy Lagoon Corporation 's shares have ranged in value from as little as $0.002 up to $0.014. A popular way to gauge a stock's volatility is its "beta".

RLC.AU volatility(beta: 0.59)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Reedy Lagoon Corporation 's is 0.5905. This would suggest that Reedy Lagoon Corporation 's shares are less volatile than average (for this exchange).

Reedy Lagoon Corporation overview

Reedy Lagoon Corporation Limited explores for and develops mineral properties in Australia and the United States. The company primarily explores for lithium, iron ore, and uranium deposits. It owns interests in the Columbus Salt Marsh, Big Smoky South, Clayton Valley, and Alkali Lake North lithium brine projects located in Nevada, the United States; the Burracoppin project in Western Australia; and the Edward Creek project located in South Australia. Reedy Lagoon Corporation Limited was founded in 1986 and is based in Melbourne, Australia.

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