Get the Finder app 🥳

Track your credit score


How to buy Variscan Mines shares | A$0.037

Own Variscan Mines shares in just a few minutes.


Fact checked

We’re committed to our readers and editorial independence. We don’t compare all products in the market and may receive compensation when we refer you to our partners, but this does not influence our opinions or reviews. Learn more about Finder.

Variscan Mines Limited is an other industrial metals & mining business based in Australia. Variscan Mines shares (VAR) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.037 – the same closing value as a week prior. Variscan Mines has a trailing 12-month revenue of around $1,692.

How to buy shares in Variscan Mines

  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 Variscan Mines . Find the share by name or ticker symbol: VAR. 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 Variscan Mines 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 $0.037, 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 Variscan Mines . 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.

🧪How we chose these brokers

For our Top Picks, we compared our Finder partners using a proprietary algorithm in August 2020. Keep in mind that our top picks may not always be the best for you, and you're encouraged to compare for yourself to find one that works for you. Read our full methodology here to find out more.

How has coronavirus impacted Variscan Mines 's share price?

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

Its last market close was $0.037, which is 24.32% up on its pre-crash value of $0.028 and 270.00% up on the lowest point reached during the March crash when the shares fell as low as $0.01.

If you had bought $1,000 worth of Variscan Mines shares at the start of February 2020, those shares would have been worth $363.64 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 $1,121.21.

Variscan Mines share price

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

Variscan Mines shares at a glance

Information last updated 2020-10-20.
Latest market closeAUDA$0.037
52-week rangeAUDA$0.002 - AUDA$0.05
50-day moving average AUDA$0.035
200-day moving average AUDA$0.0227
Target priceN/A
PE ratio N/A
Dividend yield N/A (0%)
Earnings per share (TTM) AUDA$-0.0127

Share Trading Account Offer

IG Share Trading Offer


Standard brokerage - Australian shares

Share Trading Account Offer

Competitive broker fees on Australian and international shares

  • Brokerage - AU shares: From AUD 5 or 0.05%
  • Brokerage - US shares: USD 0
  • Sign-up process: Instant
  • Support - After hours: Yes
Go to site
More info

Important: Share trading carries risk of capital loss.


Compare share trading platforms

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.
Data indicated here is updated regularly
Name Product Standard brokerage fee Inactivity fee Markets
IG Share Trading
Finder Award
IG Share Trading
AUD 8 or 0.1%
AUD 50 per quarter if you make fewer than three trades in that period
ASX shares, Global shares, Forex, CFDs, Margin trading
Brokerage discount: $5 on Australian shares for active traders & $0 commission on US and global shares
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, forex and CFDs, plus get access to 24-hour customer support.
Superhero share trading
ASX shares
Pay zero brokerage on all Australian ETFs.
Trade ASX stocks with a flat $5 commission fee and a low minimum investment of just $100.
CMC Markets Stockbroking
AUD 11 or 0.1%
ASX shares, Global shares, Forex, CFDs, Margin trading, Options trading, mFunds
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 9,000 products, including shares, managed funds, forex, commodities and cryptocurrencies, plus access up to 15 major global and Australian stock exchanges.
ANZ Share Investing
AUD 19.95
ASX shares, Global shares, Margin trading, Options trading
Earn 1 Qantas Point per AU$3 spent on brokerage fees on certain instruments.
Access Morningstar reports, company announcements and and live pricing via ANZ’s share investing platform. Available for desktop and mobile.
Westpac Online Investing Account
AUD 19.95 or 0.11%
AUD 63.50 per year on the global markets account
ASX shares, Global shares, Options trading, US shares

Compare up to 4 providers

Is it a good time to buy Variscan Mines 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.

Variscan Mines price performance over time

Historical closes compared with the close of A$0.037 on 2020-10-22

1 week (2020-10-23) 0%
1 month (2020-09-30) 2.78%
3 months (2020-07-30) 54.17%
6 months (2020-04-30) 146.67%
1 year (2019-10-30) -7.50%
2 years (2018-10-30) -7.50%
3 years (2017-10-30) -72.75%
5 years (2015-10-30) -92.56%

Variscan Mines financials

Revenue TTM $1,692
Gross profit TTM $1,692
Return on assets TTM -19.53%
Return on equity TTM -33.23%
Profit margin 0%
Book value 0.027
Market capitalisation $8.2 million

TTM: trailing 12 months

Variscan Mines share dividends

We're not expecting Variscan Mines to pay a dividend over the next 12 months.

Have Variscan Mines 's shares ever split?

Variscan Mines 's shares were split on a 1:20 basis on 26 December 2019. 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 Variscan Mines shares – just the quantity. However, indirectly, the new 1900% higher share price could have impacted the market appetite for Variscan Mines shares which in turn could have impacted Variscan Mines 's share price.

Variscan Mines share price volatility

Over the last 12 months, Variscan Mines 's shares have ranged in value from as little as $0.002 up to $0.05. 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 Variscan Mines 's is 2.9415. This would suggest that Variscan Mines 's shares are significantly more volatile than the average for this exchange and represent a higher risk.

Variscan Mines overview

Variscan Mines Limited engages in the acquisition, exploration, and development of mineral properties. It explores for zinc, copper, gold, lead, uranium, and precious metal deposits. The company owns interests in the Novales/Udias and Guajaraz projects located in Spain; the Rosario project located to the east of the port city of Chanaral, Chile; and the Junction Dam and Callabonna tenements located in South Australia. The company was formerly known as PlatSearch NL and changed its name to Variscan Mines Limited in January 2014. Variscan Mines Limited was incorporated in 1987 and is based in Perth, Australia.

Frequently asked questions

More guides on Finder

Ask an Expert

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.
Go to site