How to buy Rex Minerals (RXM) shares in Australia
Learn how to easily invest in Rex Minerals shares.
Rex Minerals is an other industrial metals & mining business based in Australia. Rex Minerals shares (RXM) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Rex Minerals has a trailing 12-month revenue of around $537,000. If you're looking to buy shares, check out the steps below.
How to buy shares in Rex Minerals
- Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the ASX. Our table can help you choose.
- Open and fund your brokerage account. Complete an application with your personal and financial details, such as your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
- Search for Rex Minerals. Find the share by name or ticker symbol: RXM. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Rex Minerals reaches your desired price. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
- Check on your investment. Congratulations, you own a part of Rex Minerals. Optimise your portfolio by tracking how your stock and 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 affect your stock.
What's in this guide?
Rex Minerals stock price (ASX:RXM)Use our graph to track the performance of RXM stocks over time.
Rex Minerals shares at a glance
|52-week range||$0.15 - $0.33|
|50-day moving average||$0.1657|
|200-day moving average||$0.2198|
|Dividend yield||$0 (0%)|
|Earnings per share (TTM)||$-0.04|
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Is it a good time to buy Rex Minerals stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. 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.
Rex Minerals price performance over time
|1 week (2023-11-30)||-6.06%|
|1 month (2023-11-08)||-6.06%|
|3 months (2023-09-08)||-18.42%|
|6 months (2023-06-08)||-32.61%|
|1 year (2022-12-08)||-35.42%|
|2 years (2021-12-08)||-32.61%|
|3 years (2020-12-08)||-13.89%|
|5 years (2018-12-07)||91.36%|
Rex Minerals financials
|Gross profit TTM||$537,000|
|Return on assets TTM||-28.5%|
|Return on equity TTM||-46.81%|
|Market capitalisation||$101.9 million|
TTM: trailing 12 months
Rex Minerals share dividends
We're not expecting Rex Minerals to pay a dividend over the next 12 months.
Have Rex Minerals's shares ever split?
Rex Minerals's shares were split on a 1.04:1 basis on 27 October 2009. So if you had owned 1 share the day before the split, the next day you would own 1.04 shares. This wouldn't directly have changed the overall worth of your Rex Minerals shares – just the quantity. However, indirectly, the new 3.8% lower share price could have impacted the market appetite for Rex Minerals shares which in turn could have impacted Rex Minerals's share price.
Rex Minerals share price volatility
Over the last 12 months, Rex Minerals's shares have ranged in value from as little as $0.15 up to $0.33. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Rex Minerals's is 1.939. This would suggest that Rex 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).
Rex Minerals overview
Rex Minerals Limited engages in the exploration, evaluation, and development of mineral properties in Australia. The company explores for copper, gold, and iron oxide deposits. Its flagship project is the Hillside project located in Yorke Peninsula, South Australia. Rex Minerals Limited was incorporated in 2007 and is based in Pine Point, Australia.
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