How to buy Reward Minerals shares | A$0.15

Reward Minerals Limited is an other industrial metals & mining business based in Australia. Reward Minerals shares (RWD) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.15 – an increase of 7.14% over the previous week. and has a market cap (total outstanding shares value) of $24.4 million.

How to buy shares in Reward Minerals

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 Reward Minerals . Find the share by name or ticker symbol: RWD. 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 Reward Minerals 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 $0.15, 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 Reward Minerals . 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 Reward Minerals 's share price?

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

Its last market close was $0.15, which is 0.00% up on its pre-crash value of $0.15 and 105.48% up on the lowest point reached during the March crash when the shares fell as low as $0.073.

If you had bought $1,000 worth of Reward Minerals shares at the start of February 2020, those shares would have been worth $475.00 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 $937.50.

Reward Minerals share price

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

Reward Minerals shares at a glance

• Key figures

Information last updated 2020-10-20.

Latest market close	AUDA$0.15
52-week range	AUDA$0.073 - AUDA$0.22
50-day moving average	AUDA$0.1578
200-day moving average	AUDA$0.1492
Target price	N/A
PE ratio	47.3684
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$0.004

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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 Reward Minerals 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 Reward Minerals Limited by TradingView

Reward Minerals price performance over time

Historical closes compared with the close of A$0.15 on 2020-10-20

1 week (2020-10-10)	N/A
1 month (2020-09-21)	-3.23%
3 months (2020-07-17)	-3.23%
6 months (2020-04-17)	68.54%

1 year (2019-10-18)	59.57%
2 years (2018-10-19)	7.14%
3 years (2017-10-19)	-32.46%
5 years (2015-10-19)	-78.60%

Is Reward Minerals under- or over-valued?

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

Reward Minerals 's P/E ratio

Reward Minerals 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 47x. In other words, Reward Minerals shares trade at around 47x recent earnings.

That's relatively high compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Reward Minerals 's EBITDA

Reward Minerals 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $877,203.

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

Reward Minerals financials

Operating margin TTM	67.41%
Gross profit TTM	$40,809
Return on assets TTM	-1.36%
Return on equity TTM	-2.32%
Profit margin	0%
Book value	0.248
Market capitalisation	$24.4 million

TTM: trailing 12 months

Reward Minerals share dividends

We're not expecting Reward Minerals to pay a dividend over the next 12 months.

Have Reward Minerals 's shares ever split?

Reward Minerals 's shares were split on 20 October 2008.

Reward Minerals share price volatility

Over the last 12 months, Reward Minerals 's shares have ranged in value from as little as $0.073 up to $0.22. 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 Reward Minerals 's is 1.92. This would suggest that Reward Minerals 's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Reward Minerals overview

Reward Minerals Limited engages in the exploration and development of potash resources in Australia. The company's flagship project is the Lake Disappointment sulphate of potash project that includes approximately 5,000 square kilometers of granted tenements, as well as a granted mining lease and miscellaneous license located in the Little Sandy Desert, Western Australia. Reward Minerals Limited is headquartered in Nedlands, Australia.

Frequently asked questions

• What percentage of Reward Minerals is owned by insiders?

  Currently 54.884% of Reward Minerals shares are held by insiders.

• When does the fiscal year end for Reward Minerals ?

  Reward Minerals 's fiscal year ends in December.

• Where is Reward Minerals based?

  Reward Minerals 's address is: 159 Stirling Highway, Nedlands, WA, Australia, 6009

• What is Reward Minerals 's ISIN number?

  Reward Minerals 's international securities identification number is: AU000000RWD5