How to buy Traka Resources shares | A$0.023

Traka Resources Limited is a gold business based in Australia. Traka Resources shares (TKL) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.023 – an increase of 9.52% over the previous week. Traka Resources has a trailing 12-month revenue of around $3,245.

How to buy shares in Traka 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 Traka Resources . Find the share by name or ticker symbol: TKL. 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 Traka 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 $0.023, 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 Traka 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 Traka Resources 's share price?

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

Its last market close was $0.023, which is 73.91% up on its pre-crash value of $0.006 and 1,050.00% up on the lowest point reached during the March crash when the shares fell as low as $0.002.

If you had bought $1,000 worth of Traka Resources 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 $2,875.00.

Traka Resources share price

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

Traka Resources shares at a glance

• Key figures

Information last updated 2020-10-16.

Latest market close	AUDA$0.023
52-week range	AUDA$0.002 - AUDA$0.053
50-day moving average	AUDA$0.0204
200-day moving average	AUDA$0.0138
Target price	N/A
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.004

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Important: Share trading carries risk of capital loss.

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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 Traka 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 Traka Resources Limited by TradingView

Traka Resources price performance over time

Historical closes compared with the close of A$0.023 on 2020-10-22

1 week (2020-10-16)	9.52%
1 month (2020-09-25)	9.52%
3 months (2020-07-23)	-34.29%
6 months (2020-04-23)	475.00%

1 year (2019-10-23)	130.00%
2 years (2018-10-22)	N/A
3 years (2017-10-23)	-42.50%
5 years (2015-10-22)	N/A

Traka Resources financials

Revenue TTM	$3,245
Gross profit TTM	$3,245
Return on assets TTM	-125.75%
Return on equity TTM	-253.34%
Profit margin	0%
Book value	0.001
Market capitalisation	$10.6 million

TTM: trailing 12 months

Traka Resources share dividends

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

Have Traka Resources 's shares ever split?

Traka Resources 's shares were split on 23 March 2010.

Traka Resources share price volatility

Over the last 12 months, Traka Resources 's shares have ranged in value from as little as $0.002 up to $0.053. 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 Traka Resources 's is 3.2044. This would suggest that Traka Resources 's shares are significantly more volatile than the average for this exchange and represent a higher risk.

Traka Resources overview

Traka Resources Limited engages in the exploration of mineral properties. It primarily holds 100% interest in the Gorge Creek project located in Queensland. The company also has interests in the Musgraves and the Mt Cattlin Gold projects in Western Australia. Traka Resources Limited was incorporated in 2003 and is based in West Perth, Australia.

Frequently asked questions

• What percentage of Traka Resources is owned by insiders?

  Currently 60.322% of Traka Resources shares are held by insiders.

• When does the fiscal year end for Traka Resources ?

  Traka Resources 's fiscal year ends in June.

• Where is Traka Resources based?

  Traka Resources 's address is: 43 Ventnor Avenue, West Perth, WA, Australia, 6005

• What is Traka Resources 's ISIN number?

  Traka Resources 's international securities identification number is: AU000000TKL9