How to buy Vimy Resources shares | A$0.036

Vimy Resources Limited is an uranium business based in Australia. Vimy Resources shares (VMY) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.036 – an increase of 16.13% over the previous week. Vimy Resources has a trailing 12-month revenue of around $65,429.

How to buy shares in Vimy 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 Vimy Resources . Find the share by name or ticker symbol: VMY. 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 Vimy 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 $0.036, 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 Vimy 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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Vimy Resources share price

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

Vimy Resources shares at a glance

• Key figures

Information last updated 2020-10-21.

Latest market close	AUDA$0.036
52-week range	AUDA$0.019 - AUDA$0.054
50-day moving average	AUDA$0.035
200-day moving average	AUDA$0.0376
Target price	AUDA$0.39
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.015

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AUD 8

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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 Vimy 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 Vimy Resources Limited by TradingView

Vimy Resources price performance over time

Historical closes compared with the close of A$0.036 on 2020-10-22

1 week (2020-10-16)	N/A
1 month (2020-09-25)	0%
3 months (2020-07-23)	N/A
6 months (2020-04-23)	N/A

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

Vimy Resources financials

Revenue TTM	$65,429
Gross profit TTM	$0
Return on assets TTM	-30.93%
Return on equity TTM	-116.2%
Profit margin	0%
Book value	0.011
Market capitalisation	$28 million

TTM: trailing 12 months

Vimy Resources share dividends

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

Have Vimy Resources 's shares ever split?

Vimy Resources 's shares were split on a 1:7 basis on 1 December 2014. So if you had owned 7 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 Vimy Resources shares – just the quantity. However, indirectly, the new 600% higher share price could have impacted the market appetite for Vimy Resources shares which in turn could have impacted Vimy Resources 's share price.

Vimy Resources share price volatility

Over the last 12 months, Vimy Resources 's shares have ranged in value from as little as $0.019 up to $0.054. 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 Vimy Resources 's is 1.3498. This would suggest that Vimy Resources 's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Vimy Resources overview

Vimy Resources Limited, a resource development company, explores and evaluates uranium projects in Australia. The company's flagship property is the 100% owned Mulga Rock project located to the east-northeast of the Kalgoorlie in Western Australia. The company was formerly known as Energy and Minerals Australia Limited and changed its name to Vimy Resources Limited in December 2014. Vimy Resources Limited was founded in 2006 and is based in West Perth, Australia.

Frequently asked questions

• What percentage of Vimy Resources is owned by insiders or institutions?

  Currently 28.945% of Vimy Resources shares are held by insiders and 14.864% by institutions.

• When does the fiscal year end for Vimy Resources ?

  Vimy Resources 's fiscal year ends in June.

• Where is Vimy Resources based?

  Vimy Resources 's address is: 1209 Hay Street, West Perth, WA, Australia, 6005

• What is Vimy Resources 's ISIN number?

  Vimy Resources 's international securities identification number is: AU000000VMY4