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How to buy Zimplats (ZIM) shares in Australia

Learn how to easily invest in Zimplats shares.

Zimplats is an other precious metals & mining business based in Australia. Zimplats shares (ZIM) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Zimplats has a trailing 12-month revenue of around $962.3 million. If you're looking to buy shares, check out the steps below.

How to buy shares in Zimplats

  1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the ASX. Our table can help you choose.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, such as your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
  3. Search for Zimplats. Find the share by name or ticker symbol: ZIM. 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 Zimplats reaches your desired price. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
  6. Check on your investment. Congratulations, you own a part of Zimplats. Optimise your portfolio by tracking how your stock and 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 affect your stock.

Zimplats stock price (ASX:ZIM)

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

Zimplats shares at a glance

Information last updated 2023-12-04.
52-week range$19.8 - $27.9087
50-day moving average $21.294
200-day moving average $24.0914
Target price$15.92
PE ratio 7.22
Dividend yield $1.858 (13.39%)
Earnings per share (TTM) $2.87

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Is it a good time to buy Zimplats stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. 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.

Zimplats price performance over time

Historical closes compared with the last close of A$22.85

1 week (2023-11-30) 9.33%
1 month (2023-11-07) 10.55%
3 months (2023-09-07) -4.23%
6 months (2023-06-07) -3.18%
1 year (2022-12-07) -18.25%
2 years (2021-12-07) 1.69%
3 years (2020-12-07) 97.84%
5 years (2018-12-07) 266.77%

Is Zimplats under- or over-valued?

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

Zimplats's P/E ratio

Zimplats's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 7x. In other words, Zimplats shares trade at around 7x 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.

Zimplats's EBITDA

Zimplats's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $409.4 million (£0.0 million).

The EBITDA is a measure of a Zimplats's overall financial performance and is widely used to measure stock profitability.

Zimplats financials

Revenue TTM $962.3 million
Operating margin TTM 17.8%
Gross profit TTM $310.4 million
Return on assets TTM 7.66%
Return on equity TTM 10.89%
Profit margin 21.35%
Book value 17.468
Market capitalisation $2.2 billion

TTM: trailing 12 months

Zimplats share dividends

Dividend payout ratio: 105.5% of net profits

Recently Zimplats has paid out, on average, around 105.5% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 13.39% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Zimplats shareholders could enjoy a 13.39% return on their shares, in the form of dividend payments. In Zimplats's case, that would currently equate to about A$1.858 per share.

Zimplats's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

The latest dividend was paid out to all shareholders who bought their shares by 1 September 2023 (the "ex-dividend date").

Zimplats share price volatility

Over the last 12 months, Zimplats's shares have ranged in value from as little as $19.8 up to $27.9087. A popular way to gauge a stock's volatility is its "beta".

ZIM.AU volatility(beta: 0.73)Avg. volatility(beta: 1.00)LowHigh

Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Zimplats's is 0.731. This would suggest that Zimplats's shares are less volatile than average (for this exchange).

Zimplats overview

Zimplats Holdings Limited, together with its subsidiaries, engages in the production of platinum and associated metals in the Great Dyke in Zimbabwe. The company produces platinum, palladium, rhodium, iridium, and ruthenium, as well as nickel, gold, copper, cobalt, and silver deposits. It operates mines in Ngezi. The company was formerly known as Zimbabwe Platinum Mines Limited. The company was incorporated in 1998 and is based in Saint Peter Port, Guernsey. Zimplats Holdings Limited operates as a subsidiary of Impala Platinum BV.

Zimplats in the news

There are no recent company news

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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