How to buy Rimfire Pacific Mining NL shares | A$0.01

Rimfire Pacific Mining NL is an other precious metals & mining business based in Australia. Rimfire Pacific Mining NL shares (RIM) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.01 – a decrease of 13.04% over the previous week. Rimfire Pacific Mining NL has a trailing 12-month revenue of around $52,846.

How to buy shares in Rimfire Pacific Mining NL

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 Rimfire Pacific Mining NL. Find the share by name or ticker symbol: RIM. 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 Rimfire Pacific Mining NL 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 $0.01, 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 Rimfire Pacific Mining NL. 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 Rimfire Pacific Mining NL's share price?

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

Its last market close was $0.01, which is 70.00% up on its pre-crash value of $0.003 and 400.00% 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 Rimfire Pacific Mining NL shares at the start of February 2020, those shares would have been worth $1,000.00 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 $3,333.33.

Rimfire Pacific Mining NL share price

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

Rimfire Pacific Mining NL shares at a glance

• Key figures

Information last updated 2020-10-22.

Latest market close	AUDA$0.01
52-week range	AUDA$0.0015 - AUDA$0.017
50-day moving average	AUDA$0.012
200-day moving average	AUDA$0.0075
Target price	N/A
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.001

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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 Rimfire Pacific Mining NL 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 Rimfire Pacific Mining NL by TradingView

Rimfire Pacific Mining NL price performance over time

Historical closes compared with the close of A$0.01 on 2020-10-22

1 week (2020-10-19)	-9.09%
1 month (2020-09-25)	-16.67%
3 months (2020-07-24)	66.67%
6 months (2020-04-24)	233.33%

1 year (2019-10-25)	233.33%
2 years (2018-10-26)	25.00%
3 years (2017-10-26)	-44.44%
5 years (2015-10-26)	-52.38%

Rimfire Pacific Mining NL financials

Revenue TTM	$52,846
Gross profit TTM	$52,846
Return on assets TTM	-3.84%
Return on equity TTM	-6.79%
Profit margin	0%
Book value	0.009
Market capitalisation	$17.5 million

TTM: trailing 12 months

Rimfire Pacific Mining NL share dividends

We're not expecting Rimfire Pacific Mining NL to pay a dividend over the next 12 months.

Have Rimfire Pacific Mining NL's shares ever split?

Rimfire Pacific Mining NL's shares were split on 20 November 2007.

Rimfire Pacific Mining NL share price volatility

Over the last 12 months, Rimfire Pacific Mining NL's shares have ranged in value from as little as $0.0015 up to $0.017. 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 Rimfire Pacific Mining NL's is 1.3307. This would suggest that Rimfire Pacific Mining NL's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Rimfire Pacific Mining NL overview

Rimfire Pacific Mining NL engages in the exploration and evaluation of mineral deposits in Australia. The company explores for gold, silver, copper, platinum, cobalt, nickel, scandium, and base metal deposits. It primarily holds interests in the Fifield project covering an area of 915 square kilometers located at Fifield in New South Wales. The company was incorporated in 1988 and is headquartered in Melbourne, Australia.

Frequently asked questions

• What percentage of Rimfire Pacific Mining NL is owned by insiders?

  Currently 23.766% of Rimfire Pacific Mining NL shares are held by insiders.

• When does the fiscal year end for Rimfire Pacific Mining NL?

  Rimfire Pacific Mining NL's fiscal year ends in June.

• Where is Rimfire Pacific Mining NL based?

  Rimfire Pacific Mining NL's address is: St. Kilda Road Towers, Melbourne, VIC, Australia, 3004

• What is Rimfire Pacific Mining NL's ISIN number?

  Rimfire Pacific Mining NL's international securities identification number is: AU000000RIM5