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How to buy Medallion Resources (MDL) stock when it goes public

Here's everything we know so far about the Medallion Resources IPO.

Medallion Resources stock is currently available to purchase as an over-the-counter (OTC) stock on the OTCQB. But many popular brokerages don't offer access to OTC stocks.

Medallion Resources has recently filed with the US Securities and Exchange Commission (SEC) to list its stock on the Nasdaq Capital Market. This will make it possible to buy the stock from any major stockbroker.

What we know about Medallion Resources stock

Medallion Resources filed a draft registration with the SEC to trade on the Nasdaq under the ticker symbol MDL. If approved, this will make the stock more accessible to new investors.

As of on May 17, the stock cost $0.08 on the OTCQB, but that doesn't necessarily mean the price will be the same once it's available on a more popular exchange. There's no news yet about how much the stock will cost when it goes live on the Nasdaq. No date has been set for when the stock will be available on the Nasdaq.

How to buy shares in Medallion Resources

Once Medallion Resources is available on Nasdaq Capital Market, you can buy shares using an account with any major brokerage. Consider opening a brokerage account today so you're ready as soon as the stock hits the market.

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – MDL – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.

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How do similar companies perform?

It's impossible to predict how any stock will perform — and IPOs can be particularly volatile. Looking at the performance of similar companies can help you decide if now is a good time to buy Medallion Resources stock.

See how the following stocks are performing, and view details like market capitalization, the price-to-earnings (P/E) ratio, price/earnings-to-growth (PEG) ratio and dividend yield.

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