How to buy Tungsten Mining NL shares | A$0.18

Tungsten Mining NL is an other industrial metals & mining business based in Australia. Tungsten Mining NL shares (TGN) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.18 – an increase of 12.5% over the previous week. Tungsten Mining NL has a trailing 12-month revenue of around $170,171.

How to buy shares in Tungsten Mining NL

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 Tungsten Mining NL. Find the share by name or ticker symbol: TGN. 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 Tungsten Mining NL 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 $0.18, 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 Tungsten Mining NL. 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 Tungsten Mining NL's share price?

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

Its last market close was $0.18, which is 5.56% up on its pre-crash value of $0.17 and 80.00% up on the lowest point reached during the March crash when the shares fell as low as $0.1.

If you had bought $1,000 worth of Tungsten Mining NL shares at the start of February 2020, those shares would have been worth $1,151.52 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 $1,090.91.

Tungsten Mining NL share price

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

Tungsten Mining NL shares at a glance

• Key figures

Information last updated 2020-10-20.

Latest market close	AUDA$0.18
52-week range	AUDA$0.086 - AUDA$0.26
50-day moving average	AUDA$0.1594
200-day moving average	AUDA$0.121
Target price	N/A
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.018

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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 Tungsten Mining NL 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 Tungsten Mining NL by TradingView

Tungsten Mining NL price performance over time

Historical closes compared with the close of A$0.18 on 2020-10-22

1 week (2020-10-16)	12.50%
1 month (2020-09-25)	16.13%
3 months (2020-07-23)	71.43%
6 months (2020-04-23)	33.33%

1 year (2019-10-23)	-10.00%
2 years (2018-10-23)	-47.06%
3 years (2017-10-23)	N/A
5 years (2015-10-23)	N/A

Tungsten Mining NL financials

Revenue TTM	$170,171
Gross profit TTM	$170,171
Return on assets TTM	-15.23%
Return on equity TTM	-24.57%
Profit margin	0%
Book value	0.058
Market capitalisation	$138.7 million

TTM: trailing 12 months

Tungsten Mining NL share dividends

We're not expecting Tungsten Mining NL to pay a dividend over the next 12 months.

Tungsten Mining NL share price volatility

Over the last 12 months, Tungsten Mining NL's shares have ranged in value from as little as $0.086 up to $0.26. 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 Tungsten Mining NL's is 1.1687. This would suggest that Tungsten Mining NL's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Tungsten Mining NL overview

Tungsten Mining NL, a resources company, engages in the exploration, evaluation, and development of tungsten deposits in Australia. It holds interest in the Mt Mulgine project located in the Murchison region of Western Australia. The company also owns interests in Hatches Creek project consists of two exploration licenses covering 31.4 square kilometers situated in the Davenport province, Northern Territory of Australia; 100% interest in the Watershed project located in the Far North, Queensland; Big Hill project situated in the Eastern Pilbara; and Kilba project located in the Ashburton region. Tungsten Mining NL was incorporated in 2011 and is based in West Perth, Australia.

Frequently asked questions

• What percentage of Tungsten Mining NL is owned by insiders or institutions?

  Currently 22.098% of Tungsten Mining NL shares are held by insiders and 0.488% by institutions.

• When does the fiscal year end for Tungsten Mining NL?

  Tungsten Mining NL's fiscal year ends in June.

• Where is Tungsten Mining NL based?

  Tungsten Mining NL's address is: 46 Colin Street, West Perth, WA, Australia, 6005

• What is Tungsten Mining NL's ISIN number?

  Tungsten Mining NL's international securities identification number is: AU000000TGN3