How to buy Reedy Lagoon Corporation shares | A$0.013

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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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

• Key figures

Information last updated 2020-10-21.

Latest market close	AUDA$0.013
52-week range	AUDA$0.002 - AUDA$0.014
50-day moving average	AUDA$0.0127
200-day moving average	AUDA$0.0071
Target price	N/A
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.002

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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 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.

Technical Analysis of Reedy Lagoon Corporation Limited by TradingView

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".

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.

Frequently asked questions

• What percentage of Reedy Lagoon Corporation is owned by insiders?

  Currently 64.015% of Reedy Lagoon Corporation shares are held by insiders.

• When does the fiscal year end for Reedy Lagoon Corporation ?

  Reedy Lagoon Corporation 's fiscal year ends in June.

• Where is Reedy Lagoon Corporation based?

  Reedy Lagoon Corporation 's address is: 530 Collins Street, Melbourne, VIC, Australia, 3000

• What is Reedy Lagoon Corporation 's ISIN number?

  Reedy Lagoon Corporation 's international securities identification number is: AU000000RLC0