How to buy Tanami Gold NL shares | TAM historical share price and analysis
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How to buy Tanami Gold NL shares

Own Tanami Gold NL shares in just a few minutes.

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Tanami Gold NL is a gold business based in Australia. Tanami Gold NL shares (TAM) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Tanami Gold NL has a market cap (total outstanding shares value) of $95.2 million.

How to buy shares in Tanami Gold 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 Tanami Gold NL. Find the share by name or ticker symbol: TAM. 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 Tanami Gold 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, 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 Tanami Gold 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.

What's in this guide?

  1. Tanami Gold NL key stats
  2. Compare share trading platforms
  3. Is Tanami Gold NL stock a buy or sell?
  4. Tanami Gold NL performance over time
  5. Are Tanami Gold NL shares over-valued?
  6. Tanami Gold NL's financials
  7. How volatile are Tanami Gold NL shares?
  8. Does Tanami Gold NL pay a dividend?
  9. Have Tanami Gold NL shares ever split?
  10. Other common questions

Tanami Gold NL share price

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

Tanami Gold NL shares at a glance

Information last updated 2021-03-26.
52-week range$0.037 - $0.097
50-day moving average $0.0823
200-day moving average $0.0771
Target price$0.04
PE ratio 375
Dividend yield N/A (0%)
Earnings per share (TTM) $0.015

Compare share trading platforms

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.
Data updated regularly
Name Product Standard brokerage fee Inactivity fee Markets
Superhero share trading
Superhero share trading
AUD $5
No
ASX shares, ETFs
Pay zero brokerage on all Australian ETFs.
Trade ASX stocks with a flat $5 commission fee and a low minimum investment of just $100.
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Bell Direct Share Trading
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Bell Direct Share Trading
AUD $15
No
ASX shares, mFunds, ETFs
Exclusive: New customers who open an account with Bell Direct through Finder will pay no brokerage fees on the first five stock or ETF trades until April 30, 2021 (T&Cs apply).
Bell Direct offers a one-second placement guarantee on market-to-limit ASX orders or your trade is free, plus enjoy extensive free research reports from top financial experts.
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IG Share Trading
Finder Award
IG Share Trading
AUD $8 or 0.1%
$50 per quarter if you make fewer than three trades in that period
ASX shares, Global shares
$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
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ThinkMarkets Share Trading
ThinkMarkets Share Trading
AUD $8
No
ASX shares, ETFs
Limited offer: Get 5 free ASX trades when you open a new account with ThinkMarkets before June 30, 2021 (T&Cs apply).
Buy and sell CHESS sponsored ASX shares with $0 brokerage on your first 5 trades. Only $8 flat fee brokerage thereafter, plus enjoy free live stock price data on an easy to use mobile app.
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CMC Markets Stockbroking
Finder Award
CMC Markets Stockbroking
AUD $11 or 0.1%
No
ASX shares, Global shares, mFunds, ETFs
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 9,000 products, including shares, ETFs and managed funds, plus access up to 15 major global and Australian stock exchanges.
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ANZ Share Investing
ANZ Share Investing
AUD 19.95
No
ASX shares, Global shares, Options trading, mFunds, ETFs, Warrants
Earn 1 Qantas Point per AU$3 spent on brokerage fees on certain instruments.
Access Morningstar reports, company announcements and and live pricing via ANZ’s share investing platform. Available for desktop and mobile.
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Westpac Online Investing Account
Westpac Online Investing Account
AUD 19.95 or 0.11%
USD 63.50 per year on the global markets account
ASX shares, Global shares, Options trading, ETFs
More Info
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Is it a good time to buy Tanami Gold 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 Tanami Gold NL by TradingView

Is Tanami Gold NL under- or over-valued?

Valuing Tanami Gold NL stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Tanami Gold NL's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Tanami Gold NL's P/E ratio

Tanami Gold NL's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 375x. In other words, Tanami Gold NL shares trade at around 375x recent earnings.

That's relatively high compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Tanami Gold NL financials

Gross profit TTM $0
Return on assets TTM -0.96%
Return on equity TTM 0.12%
Profit margin 0%
Book value 0.042
Market capitalisation $95.2 million

TTM: trailing 12 months

Tanami Gold NL share dividends

We're not expecting Tanami Gold NL to pay a dividend over the next 12 months.

Have Tanami Gold NL's shares ever split?

Tanami Gold NL's shares were split on a 1:30 basis on 23 August 2010. 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 Tanami Gold NL shares – just the quantity. However, indirectly, the new 2900% higher share price could have impacted the market appetite for Tanami Gold NL shares which in turn could have impacted Tanami Gold NL's share price.

Tanami Gold NL share price volatility

Over the last 12 months, Tanami Gold NL's shares have ranged in value from as little as $0.037 up to $0.097. 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 Tanami Gold NL's is 0.0583. This would suggest that Tanami Gold NL's shares are less volatile than average (for this exchange).

Tanami Gold NL overview

Tanami Gold NL, together with its subsidiaries, engages in the exploration and evaluation of gold properties in Australia. Its flagship project is the Central Tanami Project located in the Tanami Desert in the Northern Territory. The company was incorporated in 1968 and is based in South Perth, Australia.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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