How to buy Resource Mining Corporation shares | A$0.015

Resource Mining Corporation Limited is an other industrial metals & mining business based in Australia. Resource Mining Corporation shares (RMI) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.015 – an increase of 7.14% over the previous week. Resource Mining Corporation has a trailing 12-month revenue of around $103.

How to buy shares in Resource Mining 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 Resource Mining Corporation . Find the share by name or ticker symbol: RMI. 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 Resource Mining 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 $0.015, 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 Resource Mining 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 Resource Mining Corporation 's share price?

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

Its last market close was $0.015, which is 60.00% up on its pre-crash value of $0.006 and 200.00% up on the lowest point reached during the March crash when the shares fell as low as $0.005.

If you had bought $1,000 worth of Resource Mining Corporation shares at the start of February 2020, those shares would have been worth $714.29 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 $2,142.86.

Resource Mining Corporation share price

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

Resource Mining Corporation shares at a glance

• Key figures

Information last updated 2020-10-14.

Latest market close	AUDA$0.015
52-week range	AUDA$0.005 - AUDA$0.018
50-day moving average	AUDA$0.0137
200-day moving average	AUDA$0.0089
Target price	N/A
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-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 Resource Mining 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 Resource Mining Corporation Limited by TradingView

Resource Mining Corporation price performance over time

Historical closes compared with the close of A$0.015 on 2020-10-19

1 week (2020-10-12)	0%
1 month (2020-09-18)	15.38%
3 months (2020-07-17)	150.00%
6 months (2020-04-17)	150.00%

1 year (2019-10-16)	N/A
2 years (2018-10-16)	N/A
3 years (2017-10-19)	-16.67%
5 years (2015-10-16)	N/A

Resource Mining Corporation financials

Revenue TTM	$103
Gross profit TTM	$103
Return on assets TTM	-159.33%
Return on equity TTM	0%
Profit margin	0%
Book value	-0.018
Market capitalisation	$4.4 million

TTM: trailing 12 months

Resource Mining Corporation share dividends

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

Have Resource Mining Corporation 's shares ever split?

Resource Mining Corporation 's shares were split on a 1:10 basis on 29 November 2015. So if you had owned 10 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 Resource Mining Corporation shares – just the quantity. However, indirectly, the new 900% higher share price could have impacted the market appetite for Resource Mining Corporation shares which in turn could have impacted Resource Mining Corporation 's share price.

Resource Mining Corporation share price volatility

Over the last 12 months, Resource Mining Corporation 's shares have ranged in value from as little as $0.005 up to $0.018. 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 Resource Mining Corporation 's is 1.9618. This would suggest that Resource Mining Corporation 's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Resource Mining Corporation overview

Resource Mining Corporation Limited engages in the mineral exploration business in Papua New Guinea. The company's principal property is the Wowo Gap nickel/cobalt/laterite project that is located in Port Moresby. Resource Mining Corporation Limited was incorporated in 1984 and is based in Subiaco, Australia.

Frequently asked questions

• What percentage of Resource Mining Corporation is owned by insiders?

  Currently 77.116% of Resource Mining Corporation shares are held by insiders.

• When does the fiscal year end for Resource Mining Corporation ?

  Resource Mining Corporation 's fiscal year ends in June.

• Where is Resource Mining Corporation based?

  Resource Mining Corporation 's address is: 210 Bagot Road, Subiaco, WA, Australia, 6008

• What is Resource Mining Corporation 's ISIN number?

  Resource Mining Corporation 's international securities identification number is: AU000000RMI5