How to buy Salt Lake Potash shares | A$0.575
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Salt Lake Potash Limited is an other industrial metals & mining business based in Australia. Salt Lake Potash shares (SO4) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.575 – a decrease of 4.17% over the previous week. Salt Lake Potash has a trailing 12-month revenue of around $4.8 million.
How to buy shares in Salt Lake Potash
- 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 Salt Lake Potash . Find the share by name or ticker symbol: SO4. 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 Salt Lake Potash 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 $0.575, 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 Salt Lake Potash . 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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What's in this guide?
- Salt Lake Potash key stats
- Compare share trading platforms
- Is Salt Lake Potash stock a buy or sell?
- Salt Lake Potash performance over time
- Salt Lake Potash 's financials
- How volatile are Salt Lake Potash shares?
- Does Salt Lake Potash pay a dividend?
- Have Salt Lake Potash shares ever split?
- Other common questions
How has coronavirus impacted Salt Lake Potash 's share price?
Since the stock market crash in March caused by coronavirus, Salt Lake Potash 's share price has had significant negative movement.
Its last market close was $0.575, which is 4.17% down on its pre-crash value of $0.6 and 91.67% up on the lowest point reached during the March crash when the shares fell as low as $0.3.
If you had bought $1,000 worth of Salt Lake Potash shares at the start of February 2020, those shares would have been worth $515.63 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 $898.44.
Salt Lake Potash share priceUse our graph to track the performance of SO4 stocks over time.
Salt Lake Potash shares at a glance
|Latest market close||AUDA$0.575|
|52-week range||AUDA$0.3 - AUDA$0.86|
|50-day moving average||AUDA$0.5136|
|200-day moving average||AUDA$0.495|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||AUDA$-0.137|
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 Salt Lake Potash 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.
Salt Lake Potash price performance over time
|1 week (2020-10-23)||4.55%|
|1 month (2020-10-01)||12.75%|
|3 months (2020-07-31)||0.88%|
|6 months (2020-05-01)||69.12%|
|1 year (2019-10-31)||-29.88%|
|2 years (2018-10-31)||18.56%|
|3 years (2017-10-31)||8.49%|
|5 years (2015-10-30)||219.44%|
Salt Lake Potash financials
|Revenue TTM||$4.8 million|
|Gross profit TTM||$-13,017,398|
|Return on assets TTM||-24.13%|
|Return on equity TTM||-42.06%|
|Market capitalisation||$330 million|
TTM: trailing 12 months
Salt Lake Potash share dividends
We're not expecting Salt Lake Potash to pay a dividend over the next 12 months.
Have Salt Lake Potash 's shares ever split?
Salt Lake Potash 's shares were split on a 1:30 basis on 26 November 2014. So if you had owned 30 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 Salt Lake Potash shares – just the quantity. However, indirectly, the new 2900% higher share price could have impacted the market appetite for Salt Lake Potash shares which in turn could have impacted Salt Lake Potash 's share price.
Salt Lake Potash share price volatility
Over the last 12 months, Salt Lake Potash 's shares have ranged in value from as little as $0.3 up to $0.86. 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 Salt Lake Potash 's is 1.1589. This would suggest that Salt Lake Potash 's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
Salt Lake Potash overview
Salt Lake Potash Limited engages in the exploration and development of resource projects in Australia. The company explores for sulphate of potash deposits. It primarily owns 11 salt lakes covering an area of approximately 5,000 square kilometers in the Northern Goldfields region of Western Australia. The company was formerly known as Wildhorse Energy Limited and changed its name to Salt Lake Potash Limited in November 2015. Salt Lake Potash Limited was incorporated in 2005 and is based in Perth, Australia.
Frequently asked questions
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