How to buy Torian Resources shares | A$0.029

Torian Resources Limited is a gold business based in Australia. Torian Resources shares (TNR) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.029 – an increase of 26.09% over the previous week. Torian Resources has a trailing 12-month revenue of around $50,000.

How to buy shares in Torian 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 Torian Resources . Find the share by name or ticker symbol: TNR. 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 Torian 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 $0.029, 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 Torian 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 Torian Resources 's share price?

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

Its last market close was $0.029, which is 72.41% up on its pre-crash value of $0.008 and 625.00% up on the lowest point reached during the March crash when the shares fell as low as $0.004.

If you had bought $1,000 worth of Torian Resources shares at the start of February 2020, those shares would have been worth $444.44 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 $3,222.22.

Torian Resources share price

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

Torian Resources shares at a glance

• Key figures

Information last updated 2020-10-20.

Latest market close	AUDA$0.029
52-week range	AUDA$0.004 - AUDA$0.044
50-day moving average	AUDA$0.0198
200-day moving average	AUDA$0.0199
Target price	AUDA$0.25
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.009

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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 Torian 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 Torian Resources Limited by TradingView

Torian Resources price performance over time

Historical closes compared with the close of A$0.029 on 2020-10-22

1 week (2020-10-22)	0%
1 month (2020-09-29)	45.00%
3 months (2020-07-29)	61.11%
6 months (2020-04-29)	123.08%

1 year (2019-10-29)	107.14%
2 years (2018-10-29)	11.54%
3 years (2017-10-27)	-60.27%
5 years (2015-10-29)	-91.08%

Torian Resources financials

Revenue TTM	$50,000
Gross profit TTM	$0
Return on assets TTM	-5.95%
Return on equity TTM	-10.03%
Profit margin	0%
Book value	0.042
Market capitalisation	$20.5 million

TTM: trailing 12 months

Torian Resources share dividends

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

Have Torian Resources 's shares ever split?

Torian Resources 's shares were split on a 1:33 basis on 2 March 2015. So if you had owned 33 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 Torian Resources shares – just the quantity. However, indirectly, the new 3200% higher share price could have impacted the market appetite for Torian Resources shares which in turn could have impacted Torian Resources 's share price.

Torian Resources share price volatility

Over the last 12 months, Torian Resources 's shares have ranged in value from as little as $0.004 up to $0.044. 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 Torian Resources 's is 0.6244. This would suggest that Torian Resources 's shares are less volatile than average (for this exchange).

Torian Resources overview

Torian Resources Limited engages in the exploration, evaluation, and development of gold properties. The company's flagship project is the Zuleika project comprising 108 prospecting licenses and two mining leases covering an area of approximately 222 square kilometers located in Zuleika Shear. It has strategic collaboration with Dampier Gold Limited. The company was formerly known as Torian Resources NL and changed its name to Torian Resources Limited in May 2014. Torian Resources Limited was incorporated in 1981 and is based in West Perth, Australia.

Frequently asked questions

• What percentage of Torian Resources is owned by insiders?

  Currently 34.952% of Torian Resources shares are held by insiders.

• When does the fiscal year end for Torian Resources ?

  Torian Resources 's fiscal year ends in December.

• Where is Torian Resources based?

  Torian Resources 's address is: 104 Colin Street, West Perth, WA, Australia, 6005

• What is Torian Resources 's ISIN number?

  Torian Resources 's international securities identification number is: AU000000TNR0