How to Buy African Gold Acquisition Stock
African Gold Acquisition Corp
African Gold Acquisition is a shell company located in New York, United States, which is part of the Industrials sector, and is traded under the ticker AGAC on the NYSE exchange.
African Gold Acquisition stock last closed at $10.39, up 0% from the previous day, and has increased 6.07% in one year. It has overperformed other stocks in the Shell Companies industry by 0.01 percentage points. African Gold Acquisition stock is currently +6.35% from its 52-week low of $9.77, and -0.1% from its 52-week high of $10.40.
There are currently 51.75M shares of AGAC outstanding. The market capitalization of AGAC is $537.68M. In the last 24 hours, 12 AGAC shares were traded.
How to Buy African Gold Acquisition Stock
Not sure how to invest in African Gold Acquisition stock? Here's how.
- Decide where to buy African Gold Acquisition stock: You need to pick a stock brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you decide where to buy African Gold Acquisition stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit money your investment account: Choose your payment method and add your information.
- Evaluate African Gold Acquisition stock: The African Gold Acquisition ticker symbol is AGAC. Is African Gold Acquisition stock a good investment? Should you buy shares of AGAC? How do AGAC's underlying business fundamentals look? Do top analysts think African Gold Acquisition is a good buy? Why has AGAC's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if AGAC is a good stock to buy).
- Place your AGAC trade: Decide if you will purchase AGAC shares at the current market price or use a limit order to buy AGAC shares at a particular price.
- Get key alerts regarding your AGAC investment: Create a watchlist to track your investment in African Gold Acquisition shares.
Step 1: Decide where to buy African Gold Acquisition stock
You need a brokerage account in order to access the NYSE market and buy AGAC stock.
Our favorite brokerage: eToro
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Open eToro AccountStep 2: Create a brokerage account
Now that you've picked your brokerage, the next step is to fill out some personal details so you are able to buy AGAC stock today.
How to Start a New Brokerage Account on eToro
- Click here to get started.
- Provide your personal data to start your new brokerage account.
- Submit your application by pressing the "Create Account" button.
Step 3: Deposit money your investment account
Now that you have finished signing up on the best stock trading app for beginners, your next step is to transfer the money for your investment:
Watch the tutorial below if you need help transferring funds into your brokerage account.
Step 4: Evaluate African Gold Acquisition stock
After you have selected the best place to buy African Gold Acquisition stock, it's important to evaluate their stock prior to buying, so you truly wrap your head around the risk and opportunity.
African Gold Acquisition Metrics
African Gold Acquisition Fundamentals
WallStreetZen was built to help everyday investors perform better fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on AGAC's stock page.
Is AGAC stock overvalued?
Analysts use many financial metrics, analyses, models, and charts to gauge AGAC's true value.
Using relative valuations measures:
- AGAC could be undervalued based on its P/E ratio of 31.48x, relative to Shell Companies industry P/E ratio of 41.44x
You can do more valuation analysis on AGAC's stock here.
AGAC Financial Overview
Passed Health Checks:
- There are more short-term assets than short-term liabilities on the AGAC balance sheet.
Failed Health Checks:
- Total AGAC debt is still negative.
- AGAC has $432.82k in cash and short term investments. This is not sufficient to cover its annual cash burn of $1.16M.
- AGAC has cash burn of 1163013. It does not have enough cash and short-term investments to cover this.
- AGAC debt to equity ratio of -1.04 is negative.
- There are more long-term liabilities than short-term assets on the AGAC balance sheet.
AGAC Technical Indicators
Latest Insiders Trades at AGAC
Over the past 12 months, insiders at AGAC have not bought or sold any shares.
Learn more about who owns AGAC shares here.
Does AGAC stock generate passive income?
No, African Gold Acquisition doesn't provide an income stream by paying out dividends.
What do other traders have to say about AGAC?
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Place your AGAC trade
There are two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are mostly fine. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a specific dollar amount limit, place a limit order.
Press the Open button and eToro will place your order.
If you want more info about buying stocks on eToro, watch the how to video below:
Step 6: Get key alerts regarding your AGAC investment
Now that you own some AGAC stock, you'll want to keep up with your new investment.
Start a watchlist to track the latest developments regarding your AGAC stock.
AGAC Feed
How to Buy Stock in African Gold Acquisition
To summarize, here are the 6 steps to buy stock in African Gold Acquisition:
- Decide where to buy African Gold Acquisition stock
- Create a brokerage account
- Deposit money your investment account
- Evaluate African Gold Acquisition stock
- Place your AGAC trade
- Get key alerts regarding your AGAC investment
If you need a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to track your investment in African Gold Acquisition, add AGAC to your watchlist below.
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