How to buy White Rock Minerals shares | A$0.55

White Rock Minerals Ltd is an other industrial metals & mining business based in Australia. White Rock Minerals shares (WRM) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.55 – the same closing value as a week prior. White Rock Minerals has a trailing 12-month revenue of around $797,409.

How to buy shares in White Rock Minerals

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 White Rock Minerals . Find the share by name or ticker symbol: WRM. 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 White Rock Minerals 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 $0.55, 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 White Rock Minerals . 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 White Rock Minerals 's share price?

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

Its last market close was $0.55, which is 99.18% up on its pre-crash value of $0.0045 and 27,400.00% 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 White Rock Minerals shares at the start of February 2020, those shares would have been worth $600.00 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 $110,000.00.

White Rock Minerals share price

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

White Rock Minerals shares at a glance

• Key figures

Information last updated 2020-10-20.

Latest market close	AUDA$0.55
52-week range	AUDA$0.002 - AUDA$1.2
50-day moving average	AUDA$0.6274
200-day moving average	AUDA$0.6115
Target price	N/A
PE ratio	0.8088
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$0.682

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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 White Rock Minerals 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 White Rock Minerals Ltd by TradingView

White Rock Minerals price performance over time

Historical closes compared with the close of A$0.55 on 2020-10-20

1 week (2020-10-10)	N/A
1 month (2020-09-21)	-12.70%
3 months (2020-07-17)	-38.89%
6 months (2020-04-17)	13,650.00%

1 year (2019-10-18)	12,122.22%
2 years (2018-10-19)	9,066.67%
3 years (2017-10-19)	3,566.67%
5 years (2015-10-19)	1,796.55%

Is White Rock Minerals under- or over-valued?

Valuing White Rock Minerals stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of White Rock Minerals 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

White Rock Minerals 's P/E ratio

White Rock Minerals 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 1x. In other words, White Rock Minerals shares trade at around 1x recent earnings.

That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

White Rock Minerals 's EBITDA

White Rock Minerals 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $12.9 million.

The EBITDA is a measure of a White Rock Minerals 's overall financial performance and is widely used to measure a its profitability.

White Rock Minerals financials

Revenue TTM	$797,409
Operating margin TTM	1542.61%
Gross profit TTM	$797,409
Return on assets TTM	25.87%
Return on equity TTM	48.47%
Profit margin	1554.18%
Book value	1.402
Market capitalisation	$40 million

TTM: trailing 12 months

White Rock Minerals share dividends

We're not expecting White Rock Minerals to pay a dividend over the next 12 months.

Have White Rock Minerals 's shares ever split?

White Rock Minerals 's shares were split on a 1:100 basis on 27 July 2020. So if you had owned 100 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 White Rock Minerals shares – just the quantity. However, indirectly, the new 9900% higher share price could have impacted the market appetite for White Rock Minerals shares which in turn could have impacted White Rock Minerals 's share price.

White Rock Minerals share price volatility

Over the last 12 months, White Rock Minerals 's shares have ranged in value from as little as $0.002 up to $1.2. 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 White Rock Minerals 's is 0.774. This would suggest that White Rock Minerals 's shares are less volatile than average (for this exchange).

White Rock Minerals overview

White Rock Minerals Ltd engages in the exploration and development of mineral properties in Australia and the United States. The company primarily explores for gold, silver, zinc, lead, and copper resources. Its principal property is its 100% owned the Red Mountain Project covering an area of 798 square kilometers located in the Bonnifield Mining District of central Alaska; and the Mt Carrington gold-silver project covering an area of 183 square kilometers located in northern New South Wales, Australia. The company was incorporated in 2010 and is based in Ballarat, Australia.

Frequently asked questions

• What percentage of White Rock Minerals is owned by insiders or institutions?

  Currently 37.847% of White Rock Minerals shares are held by insiders and 2.144% by institutions.

• When does the fiscal year end for White Rock Minerals ?

  White Rock Minerals 's fiscal year ends in June.

• Where is White Rock Minerals based?

  White Rock Minerals 's address is: 12 Anderson Street West, Ballarat, VIC, Australia, 3350

• What is White Rock Minerals 's ISIN number?

  White Rock Minerals 's international securities identification number is: AU000000WRM6