How to buy Tanga Resources shares | A$0.065

Tanga Resources Limited is an other industrial metals & mining business based in Australia. Tanga Resources shares (TRL) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.065 – an increase of 18.18% over the previous week. Tanga Resources has a trailing 12-month revenue of around $58,460.

How to buy shares in Tanga 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 Tanga Resources . Find the share by name or ticker symbol: TRL. 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 Tanga 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 $0.065, 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 Tanga 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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Tanga Resources share price

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

Tanga Resources shares at a glance

• Key figures

Information last updated 2020-10-20.

Latest market close	AUDA$0.065
52-week range	AUDA$0.001 - AUDA$0.062
50-day moving average	AUDA$0.0406
200-day moving average	AUDA$0.028
Target price	N/A
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.007

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AUD 8

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• Brokerage - US shares: USD 0
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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 Tanga 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 Tanga Resources Limited by TradingView

Tanga Resources price performance over time

Historical closes compared with the close of A$0.065 on 2020-10-22

1 week (2020-10-16)	N/A
1 month (2020-09-25)	75.68%
3 months (2020-07-23)	N/A
6 months (2020-04-23)	N/A

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

Tanga Resources financials

Revenue TTM	$58,460
Gross profit TTM	$58,460
Return on assets TTM	-17.49%
Return on equity TTM	-28.95%
Profit margin	0%
Book value	0.028
Market capitalisation	$9.4 million

TTM: trailing 12 months

Tanga Resources share dividends

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

Have Tanga Resources 's shares ever split?

Tanga Resources 's shares were split on a 1:20 basis on 9 March 2020. So if you had owned 20 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 Tanga Resources shares – just the quantity. However, indirectly, the new 1900% higher share price could have impacted the market appetite for Tanga Resources shares which in turn could have impacted Tanga Resources 's share price.

Tanga Resources share price volatility

Over the last 12 months, Tanga Resources 's shares have ranged in value from as little as $0.001 up to $0.062. 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 Tanga Resources 's is -0.5382. This would suggest that Tanga Resources 's shares have been inversely-correlated to the average (for this exchange) – so when the broader market trended up or down, Tanga Resources has bucked the trend.

Tanga Resources overview

Tanga Resources Limited engages in the exploration and production of gold, copper, and base metal properties in Namibia. It holds interests in the Katerina and Okombahe gold projects; the Hagenhof copper-cobalt project covering 197.26 square kilometers; and the Joumbira zinc-lead-silver project covering approximately 210 square kilometers located in central Namibia. The company also holds interests in the Côte d'Ivoire Projects; the Bouaflé Project comprises two licenses that covers an area of 742 square kilometers; the Mankono Project that includes three exploration licenses covering area of 1,170 square kilometers; and the Bocanda Project that covers an area of 750 square kilometers. Tanga Resources Limited was incorporated in 2010 and is based in West Perth, Australia.

Frequently asked questions

• What percentage of Tanga Resources is owned by insiders?

  Currently 54.233% of Tanga Resources shares are held by insiders.

• When does the fiscal year end for Tanga Resources ?

  Tanga Resources 's fiscal year ends in June.

• Where is Tanga Resources based?

  Tanga Resources 's address is: Emerald House, West Perth, WA, Australia, 6005

• What is Tanga Resources 's ISIN number?

  Tanga Resources 's international securities identification number is: AU000000TRL4