How to buy Rey Resources shares | A$0.22
Own Rey Resources shares in just a few minutes.
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Rey Resources Limited is a thermal coal business based in Australia. Rey Resources shares (REY) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.22 – the same closing value as a week prior. and has a market cap (total outstanding shares value) of $46.7 million.
How to buy shares in Rey Resources
- 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.
- 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.
- Search for Rey Resources . Find the share by name or ticker symbol: REY. 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 Rey Resources reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At today's price of $0.22, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
- Check in on your investment. Congratulations, you own a part of Rey Resources . 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.
🧪How we chose these brokersFor 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.
What's in this guide?
How has coronavirus impacted Rey Resources 's share price?
Since the stock market crash in March caused by coronavirus, Rey Resources 's share price has had significant negative movement.
Its last market close was $0.22, which is 25.42% down on its pre-crash value of $0.295 and 2.33% up on the lowest point reached during the March crash when the shares fell as low as $0.215.
If you had bought $1,000 worth of Rey Resources shares at the start of February 2020, those shares would have been worth $716.67 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 $733.33.
Rey Resources share priceUse our graph to track the performance of REY stocks over time.
Rey Resources shares at a glance
|Latest market close||AUDA$0.22|
|52-week range||AUDA$0.07 - AUDA$0.31|
|50-day moving average||AUDA$0.2051|
|200-day moving average||AUDA$0.2455|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||AUDA$-0.042|
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
Important: Share trading carries risk of capital loss.
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Is it a good time to buy Rey Resources 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.
Rey Resources price performance over time
|1 week (2020-10-22)||0%|
|1 month (2020-09-29)||22.22%|
|3 months (2020-07-29)||-29.03%|
|6 months (2020-04-29)||2.33%|
|1 year (2019-10-28)||-24.14%|
|2 years (2018-10-25)||N/A|
|3 years (2017-10-26)||-26.67%|
|5 years (2015-10-29)||-26.67%|
Is Rey Resources under- or over-valued?
Valuing Rey Resources stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Rey Resources 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Rey Resources 's EBITDA
Rey Resources 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $2.9 million.
The EBITDA is a measure of a Rey Resources 's overall financial performance and is widely used to measure a its profitability.
Rey Resources financials
|Gross profit TTM||$-53,000|
|Return on assets TTM||-2.31%|
|Return on equity TTM||-7.09%|
|Market capitalisation||$46.7 million|
TTM: trailing 12 months
Rey Resources share dividends
We're not expecting Rey Resources to pay a dividend over the next 12 months.
Have Rey Resources 's shares ever split?
Rey Resources 's shares were split on a 1:5 basis on 28 November 2016. So if you had owned 5 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 Rey Resources shares – just the quantity. However, indirectly, the new 400% higher share price could have impacted the market appetite for Rey Resources shares which in turn could have impacted Rey Resources 's share price.
Rey Resources share price volatility
Over the last 12 months, Rey Resources 's shares have ranged in value from as little as $0.07 up to $0.31. 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 Rey Resources 's is 1.3103. This would suggest that Rey Resources 's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Rey Resources overview
Rey Resources Limited engages in exploring for and developing energy resources in Western Australia. It holds a 40% interest in the Canning Basin petroleum permits EP457 and EP458 (Fitzroy Blocks), and a 100% interest in the Derby Block EP487. The company also holds a 100% interest in the Lennard Shelf Blocks, which comprises a petroleum exploration license EP104, a retention license R1, and one production license L15 in the Canning Basin. In addition, it holds 100% interests in the Duchess Paradise Coal Project located in the Canning Basin. Rey Resources Limited was incorporated in 2004 and is based in Sydney, Australia.
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