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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 in Australian dollars. Tanami Gold NL has a market cap (total outstanding shares value) of $52.9 million. If you're looking to buy shares, check out the steps below.
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| 52-week range | $0.045 - $0.078 |
|---|---|
| 50-day moving average | $0.0545 |
| 200-day moving average | $0.0623 |
| Target price | $0.04 |
| PE ratio | 5.625 |
| Dividend yield | $0 (0%) |
| Earnings per share (TTM) | $0.008 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. 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.
Historical closes compared with the last close of A$0.047
| 1 week (2022-06-24) | -9.62% |
|---|---|
| 1 month (2022-06-03) | -11.32% |
| 3 months (2022-04-05) | -21.67% |
| 6 months (2022-01-05) | -24.19% |
| 1 year (2021-07-05) | -36.49% |
|---|---|
| 2 years (2020-07-03) | -26.56% |
| 3 years (2019-07-05) | -2.08% |
| 5 years (2017-07-03) | -7.84% |
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 current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 6x. In other words, Tanami Gold NL shares trade at around 6x recent earnings.
That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
| Gross profit TTM | $0 |
|---|---|
| Return on assets TTM | -1.83% |
| Return on equity TTM | 17.52% |
| Profit margin | 0% |
| Book value | 0.048 |
| Market capitalisation | $52.9 million |
TTM: trailing 12 months
We're not expecting Tanami Gold NL to pay a dividend over the next 12 months.
Tanami Gold NL's shares were split on a 1:30 basis on 24 August 2010. So if you had owned 30 shares the day before the split, the next day you would own 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.
Over the last 12 months, Tanami Gold NL's shares have ranged in value from as little as $0.045 up to $0.078. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Tanami Gold NL's is 0.0263. This would suggest that Tanami Gold NL's shares are less volatile than average (for this exchange).
Tanami Gold NL, together with its subsidiaries, engages in the exploration and evaluation of gold properties in Australia. The company's flagship project is the Central Tanami Project located in the Tanami Desert in the Northern Territory. Tanami Gold NL was incorporated in 1968 and is based in South Perth, Australia.
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