How to buy Soon Mining shares | A$0.17

Soon Mining Limited is a gold business based in Australia. Soon Mining shares (SMG) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.17 – the same closing value as a week prior. Soon Mining has a trailing 12-month revenue of around $46.

How to buy shares in Soon Mining

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 Soon Mining . Find the share by name or ticker symbol: SMG. 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 Soon Mining 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 $0.17, 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 Soon Mining . 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 Soon Mining 's share price?

Since the stock market crash in March caused by coronavirus, Soon Mining 's share price has had significant negative movement.

Its last market close was $0.17, which is 15.00% down on its pre-crash value of $0.2 and 17.65% down on the lowest point reached during the March crash when the shares fell as low as $0.2.

If you had bought $1,000 worth of Soon Mining 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 $850.00.

Soon Mining share price

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

Soon Mining shares at a glance

• Key figures

Information last updated 2020-09-28.

Latest market close	AUDA$0.17
52-week range	AUDA$0.17 - AUDA$0.2
50-day moving average	AUDA$0.1867
200-day moving average	AUDA$0.1966
Target price	N/A
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.0059

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AUD 8

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Important: Share trading carries risk of capital loss.

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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 Soon Mining 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 Soon Mining Limited by TradingView

Soon Mining price performance over time

Historical closes compared with the close of A$0.17 on 2020-10-19

1 week (2020-10-12)	0%
1 month (2020-09-18)	-5.56%
3 months (2020-07-17)	-15.00%
6 months (2020-04-17)	-15.00%

1 year (2019-10-18)	-15.00%
2 years (2018-10-19)	-15.00%
3 years (2017-10-19)	-34.62%
5 years (2015-10-16)	N/A

Soon Mining financials

Revenue TTM	$46
Gross profit TTM	$0
Return on assets TTM	-39.21%
Return on equity TTM	-186.38%
Profit margin	0%
Book value	0.003
Market capitalisation	$26.9 million

TTM: trailing 12 months

Soon Mining share dividends

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

Soon Mining share price volatility

Over the last 12 months, Soon Mining 's shares have ranged in value from as little as $0.17 up to $0.2. 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 Soon Mining 's is -0.2547. This would suggest that Soon Mining 's shares have been inversely-correlated to the average (for this exchange) – so when the broader market trended up or down, Soon Mining has bucked the trend.

Soon Mining overview

Soon Mining Limited explores for and develops mineral properties. The company primarily explores for gold deposits. It holds interests in the Kwahu Praso gold concession located in the Eastern region of Ghana; and the Konongo Project at Konongo in the Asante Akim Central of the Ashanti Region of Ghana. The company also engages in trading light crude oil; and the import of gasoline and diesel, oil refining, and exchange of oil and other related businesses. Soon Mining Limited was incorporated in 2015 and is based in Brisbane, Australia.

Frequently asked questions

• What percentage of Soon Mining is owned by insiders?

  Currently 82.748% of Soon Mining shares are held by insiders.

• When does the fiscal year end for Soon Mining ?

  Soon Mining 's fiscal year ends in December.

• Where is Soon Mining based?

  Soon Mining 's address is: 33 Queen Street, Brisbane, QLD, Australia, 4000

• What is Soon Mining 's ISIN number?

  Soon Mining 's international securities identification number is: AU000000SMG7