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XAM

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    0.0798$
  • Previous Close
    0.0798$
  • 52 Week Change
    0.04$
  • Day Range
    0.00$
  • 52 Week High/Low
    0.045$ - 0.082$
  • Dividend Per Share
    --
  • Market cap
    183 M$
  • EPS
    0
  • Beta
    0.325
  • Volume
    --

About

XAM.AU is the stock ticker symbol for Betashares Australian Resources Sector ETF. It represents an exchange-traded fund (ETF) that invests in a portfolio of Australian companies involved in the resources sector, such as mining and energy. This ETF aims to track the performance of an index representing this sector, providing investors with exposure to a diversified group of resource-related companies listed on the Australian Securities Exchange (ASX).
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Factors

Global Economic Conditions: Global economic growth or recession can impact demand for resources, affecting XAM.AU's profitability.

Commodity Prices: Fluctuations in the prices of commodities XAM.AU extracts (e.g., iron ore) directly influence its revenue and profitability.

Company Performance: Production levels, cost management, and exploration success all affect investor confidence and the stock price.

Market Sentiment: Overall investor optimism or pessimism toward the mining sector can drive XAM.AU's share price.

Australian Dollar Exchange Rate: Changes in the AUD's value impact XAM.AU's earnings, as commodities are often priced in USD.

Regulatory Environment: Government policies related to mining, taxation, and environmental regulations can affect XAM.AU's operational costs and profitability.

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