How to buy Stone Resources Australia shares | A$0.03

Stone Resources Australia Limited is a gold business based in Australia. Stone Resources Australia shares (SHK) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.03 – an increase of 7.14% over the previous week. Stone Resources Australia has a trailing 12-month revenue of around $311,878.

How to buy shares in Stone Resources Australia

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 Stone Resources Australia . Find the share by name or ticker symbol: SHK. 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 Stone Resources Australia 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 $0.03, 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 Stone Resources Australia . 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 Stone Resources Australia 's share price?

Since the stock market crash in March caused by coronavirus, Stone Resources Australia 's share price has had significant positive movement.

Its last market close was $0.03, which is 93.33% up on its pre-crash value of $0.002 and 2,900.00% up on the lowest point reached during the March crash when the shares fell as low as $0.001.

If you had bought $1,000 worth of Stone Resources Australia 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 $30,000.00.

Stone Resources Australia share price

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

Stone Resources Australia shares at a glance

• Key figures

Information last updated 2020-10-18.

Latest market close	AUDA$0.03
52-week range	AUDA$0.001 - AUDA$0.04
50-day moving average	AUDA$0.0285
200-day moving average	AUDA$0.0121
Target price	N/A
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.005

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AUD 8

Standard brokerage - Australian shares

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Competitive broker fees on Australian and international shares

• Brokerage - AU shares: From AUD 5 or 0.05%
• Brokerage - US shares: USD 0
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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 Stone Resources Australia 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 Stone Resources Australia Limited by TradingView

Stone Resources Australia price performance over time

Historical closes compared with the close of A$0.03 on 2020-10-22

1 week (2020-10-15)	7.14%
1 month (2020-09-22)	-6.25%
3 months (2020-07-22)	650.00%
6 months (2020-04-22)	400.00%

1 year (2019-10-18)	N/A
2 years (2018-10-18)	N/A
3 years (2017-10-20)	1,400.00%
5 years (2015-10-19)	1,400.00%

Stone Resources Australia financials

Revenue TTM	$311,878
Gross profit TTM	$-242,579
Return on assets TTM	-14.66%
Return on equity TTM	0%
Profit margin	0%
Book value	-0.053
Market capitalisation	$24.2 million

TTM: trailing 12 months

Stone Resources Australia share dividends

We're not expecting Stone Resources Australia to pay a dividend over the next 12 months.

Have Stone Resources Australia 's shares ever split?

Stone Resources Australia 's shares were split on 27 November 2006.

Stone Resources Australia share price volatility

Over the last 12 months, Stone Resources Australia 's shares have ranged in value from as little as $0.001 up to $0.04. 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 Stone Resources Australia 's is 3.0308. This would suggest that Stone Resources Australia 's shares are significantly more volatile than the average for this exchange and represent a higher risk.

Stone Resources Australia overview

Stone Resources Australia Limited, together with its subsidiaries, explores for and develops mineral properties in Australia. The company primarily explores for gold deposits. It holds interests in the Alpha Deposit, Beta, and Cork Tree Well (Delta) Deposit located in Western Australia. The company was formerly known as A1 Minerals Limited and changed its name to Stone Resources Australia Limited in November 2011. Stone Resources Australia Limited was incorporated in 2002 and is headquartered in Belmont, Australia. Stone Resources Australia Limited is a subsidiary of Stone Resources Limited.

Frequently asked questions

• What percentage of Stone Resources Australia is owned by insiders?

  Currently 77.202% of Stone Resources Australia shares are held by insiders.

• When does the fiscal year end for Stone Resources Australia ?

  Stone Resources Australia 's fiscal year ends in June.

• Where is Stone Resources Australia based?

  Stone Resources Australia 's address is: 25 Belgravia Street, Belmont, WA, Australia, 6104

• What is Stone Resources Australia 's ISIN number?

  Stone Resources Australia 's international securities identification number is: AU000000SHK9