How to buy Taruga Minerals shares | A$0.062

Taruga Minerals Limited is a copper business based in Australia. Taruga Minerals shares (TAR) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.062 – a decrease of 10.14% over the previous week. Taruga Minerals has a trailing 12-month revenue of around $37,200.

How to buy shares in Taruga Minerals

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 Taruga Minerals . Find the share by name or ticker symbol: TAR. 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 Taruga Minerals 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 $0.062, 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 Taruga Minerals . 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 Taruga Minerals 's share price?

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

Its last market close was $0.062, which is 79.03% up on its pre-crash value of $0.013 and 785.71% up on the lowest point reached during the March crash when the shares fell as low as $0.007.

If you had bought $1,000 worth of Taruga Minerals shares at the start of February 2020, those shares would have been worth $500.00 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 $4,428.57.

Taruga Minerals share price

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

Taruga Minerals shares at a glance

• Key figures

Information last updated 2020-10-20.

Latest market close	AUDA$0.062
52-week range	AUDA$0.007 - AUDA$0.077
50-day moving average	AUDA$0.0669
200-day moving average	AUDA$0.038
Target price	N/A
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.021

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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 Taruga Minerals 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 Taruga Minerals Limited by TradingView

Taruga Minerals price performance over time

Historical closes compared with the close of A$0.062 on 2020-10-22

1 week (2020-10-15)	-13.89%
1 month (2020-09-25)	1.64%
3 months (2020-07-22)	63.16%
6 months (2020-04-22)	520.00%

1 year (2019-10-22)	148.00%
2 years (2018-10-22)	-1.59%
3 years (2017-10-22)	N/A
5 years (2015-10-22)	N/A

Taruga Minerals financials

Revenue TTM	$37,200
Gross profit TTM	$37,200
Return on assets TTM	-54.56%
Return on equity TTM	-92.52%
Profit margin	0%
Book value	0.005
Market capitalisation	$25 million

TTM: trailing 12 months

Taruga Minerals share dividends

We're not expecting Taruga Minerals to pay a dividend over the next 12 months.

Have Taruga Minerals 's shares ever split?

Taruga Minerals 's shares were split on a 1:25 basis on 16 July 2015. So if you had owned 25 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 Taruga Minerals shares – just the quantity. However, indirectly, the new 2400% higher share price could have impacted the market appetite for Taruga Minerals shares which in turn could have impacted Taruga Minerals 's share price.

Taruga Minerals share price volatility

Over the last 12 months, Taruga Minerals 's shares have ranged in value from as little as $0.007 up to $0.077. 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 Taruga Minerals 's is 2.3972. This would suggest that Taruga Minerals 's shares are significantly more volatile than the average for this exchange and represent a higher risk.

Taruga Minerals overview

Taruga Minerals Limited explores for mineral properties in Australia. It primarily explores for gold, copper, silver, lithium, and base metal deposits. The company holds a 100% interest in the Yagahong North project located in the Murchison region of Western Australia. It also holds an option to acquire a 100% interest in the Torrens iron-oxide-copper-gold project situated in the Gawler Craton, South Australia; and the Flinders project, which covers an area of approximately 647 square kilometers located in the north of Port Augusta, South Australia. The company was formerly known as Taruga Gold Limited and changed its name to Taruga Minerals Limited in June 2018. Taruga Minerals Limited was incorporated in 2011 and is based in Perth, Australia.

Frequently asked questions

• What percentage of Taruga Minerals is owned by insiders?

  Currently 29.391% of Taruga Minerals shares are held by insiders.

• When does the fiscal year end for Taruga Minerals ?

  Taruga Minerals 's fiscal year ends in June.

• Where is Taruga Minerals based?

  Taruga Minerals 's address is: 99 St Georges Terrace, Perth, WA, Australia, 6000

• What is Taruga Minerals 's ISIN number?

  Taruga Minerals 's international securities identification number is: AU000000TAR7