How to buy Sultan Resources shares | A$0.27

Sultan Resources Limited is an other industrial metals & mining business based in Australia. Sultan Resources shares (SLZ) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.27 – an increase of 31.71% over the previous week. and has a market cap (total outstanding shares value) of $15.2 million.

How to buy shares in Sultan Resources

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 Sultan Resources . Find the share by name or ticker symbol: SLZ. 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 Sultan Resources 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 $0.27, 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 Sultan 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.

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How has coronavirus impacted Sultan Resources 's share price?

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

Its last market close was $0.27, which is 67.04% up on its pre-crash value of $0.089 and 357.63% up on the lowest point reached during the March crash when the shares fell as low as $0.059.

If you had bought $1,000 worth of Sultan Resources shares at the start of February 2020, those shares would have been worth $1,014.08 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 $3,802.82.

Sultan Resources share price

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

Sultan Resources shares at a glance

• Key figures

Information last updated 2020-10-21.

Latest market close	AUDA$0.27
52-week range	AUDA$0.057 - AUDA$0.26
50-day moving average	AUDA$0.2235
200-day moving average	AUDA$0.1606
Target price	N/A
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.025

Share Trading Account Offer

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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
• Sign-up process: Instant
• Support - After hours: Yes

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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 Sultan 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.

Technical Analysis of Sultan Resources Limited by TradingView

Sultan Resources price performance over time

Historical closes compared with the close of A$0.27 on 2020-10-22

1 week (2020-10-16)	31.71%
1 month (2020-09-25)	31.71%
3 months (2020-07-23)	38.46%
6 months (2020-04-23)	285.71%

1 year (2019-10-23)	328.57%
2 years (2018-10-22)	N/A
3 years (2017-10-22)	N/A
5 years (2015-10-22)	N/A

Sultan Resources financials

Gross profit TTM	$0
Return on assets TTM	-10.94%
Return on equity TTM	-18.46%
Profit margin	0%
Book value	0.086
Market capitalisation	$15.2 million

TTM: trailing 12 months

Sultan Resources share dividends

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

Sultan Resources share price volatility

Over the last 12 months, Sultan Resources 's shares have ranged in value from as little as $0.057 up to $0.26. 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 Sultan Resources 's is 1.091. This would suggest that Sultan Resources '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).

Sultan Resources overview

Sultan Resources Limited explores for and develops mineral properties in Western Australia. It primarily explores for gold, copper, nickel, and cobalt deposits. The company holds an interest in the Thaduna project located to the northeast of Meekatharra; the Lake Grace project situated to the southeast of Perth, Western Australia; the East Tallering project located to the northeast of Geraldton; the Lachlan fold belt project situated in Central New South Wales; and the Dalwallinu project located to the northeast of Perth, Western Australia. Sultan Resources Limited was incorporated in 2018 and is based in West Perth, Australia.

Frequently asked questions

• What percentage of Sultan Resources is owned by insiders?

  Currently 78.794% of Sultan Resources shares are held by insiders.

• When does the fiscal year end for Sultan Resources ?

  Sultan Resources 's fiscal year ends in June.

• Where is Sultan Resources based?

  Sultan Resources 's address is: 1 Altona Street, West Perth, WA, Australia, 6005