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Lustrum Minerals

ASX:LRM
Snowflake Description

Flawless balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
LRM
ASX
A$2M
Market Cap
  1. Home
  2. AU
  3. Energy
Company description

Lustrum Minerals Limited engages in identifying exploration projects in Australia and internationally. The last earnings update was 13 days ago. More info.


Add to Portfolio Compare Print
  • Lustrum Minerals has significant price volatility in the past 3 months.
LRM Share Price and Events
7 Day Returns
0%
ASX:LRM
-0.1%
AU Oil and Gas
0.4%
AU Market
1 Year Returns
-53.3%
ASX:LRM
11.5%
AU Oil and Gas
4.5%
AU Market
LRM Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Lustrum Minerals (LRM) 0% -2.8% -22.2% -53.3% - -
AU Oil and Gas -0.1% -0% 20% 11.5% 40.3% -30.8%
AU Market 0.4% 0.4% 12.2% 4.5% 20.7% 5.7%
1 Year Return vs Industry and Market
  • LRM underperformed the Oil and Gas industry which returned 11.5% over the past year.
  • LRM underperformed the Market in Australia which returned 4.5% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

LRM Value

 Is Lustrum Minerals undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Lustrum Minerals. This is due to cash flow or dividend data being unavailable. The share price is A$0.07.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Lustrum Minerals's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Lustrum Minerals's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:LRM PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$-0.03
ASX:LRM Share Price ** ASX (2019-03-06) in AUD A$0.07
Australia Oil and Gas Industry PE Ratio Median Figure of 22 Publicly-Listed Oil and Gas Companies 9.68x
Australia Market PE Ratio Median Figure of 544 Publicly-Listed Companies 16.29x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Lustrum Minerals.

ASX:LRM PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:LRM Share Price ÷ EPS (both in AUD)

= 0.07 ÷ -0.03

-2.29x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Lustrum Minerals is loss making, we can't compare its value to the AU Oil and Gas industry average.
  • Lustrum Minerals is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Lustrum Minerals's expected growth come at a high price?
Raw Data
ASX:LRM PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -2.29x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Australia Oil and Gas Industry PEG Ratio Median Figure of 17 Publicly-Listed Oil and Gas Companies 0.22x
Australia Market PEG Ratio Median Figure of 362 Publicly-Listed Companies 1.39x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Lustrum Minerals, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Lustrum Minerals's assets?
Raw Data
ASX:LRM PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.07
ASX:LRM Share Price * ASX (2019-03-06) in AUD A$0.07
Australia Oil and Gas Industry PB Ratio Median Figure of 143 Publicly-Listed Oil and Gas Companies 1.18x
Australia Market PB Ratio Median Figure of 1,669 Publicly-Listed Companies 1.69x
ASX:LRM PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:LRM Share Price ÷ Book Value per Share (both in AUD)

= 0.07 ÷ 0.07

1.01x

* Primary Listing of Lustrum Minerals.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Lustrum Minerals is good value based on assets compared to the AU Oil and Gas industry average.
X
Value checks
We assess Lustrum Minerals's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Lustrum Minerals has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

LRM Future Performance

 How is Lustrum Minerals expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Lustrum Minerals has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
5.1%
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Lustrum Minerals expected to grow at an attractive rate?
  • Unable to compare Lustrum Minerals's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Lustrum Minerals's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare Lustrum Minerals's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:LRM Future Growth Rates Data Sources
Data Point Source Value (per year)
Australia Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 5.1%
Australia Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 2.8%
Australia Market Earnings Growth Rate Market Cap Weighted Average 6.4%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:LRM Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:LRM Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 -1 -1
2018-09-30 -1 -2
2018-06-30 -1 -3
2018-03-31 -3
2017-12-31 -3
2017-09-30 -1
2017-06-30 0 0
2016-06-30 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Lustrum Minerals is high growth as no earnings estimate data is available.
  • Unable to determine if Lustrum Minerals is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ASX:LRM Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Lustrum Minerals Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:LRM Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 -0.03
2018-09-30 -0.07
2018-06-30 -0.12
2018-03-31 -0.08
2017-12-31 -0.19
2017-09-30 -0.04
2017-06-30 -0.12
2016-06-30

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Lustrum Minerals will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Lustrum Minerals's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Lustrum Minerals's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Energy companies here
  3. Lustrum Minerals's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Lustrum Minerals's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Lustrum Minerals has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

LRM Past Performance

  How has Lustrum Minerals performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Lustrum Minerals's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Lustrum Minerals does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.
  • Unable to compare Lustrum Minerals's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Lustrum Minerals's 1-year growth to the AU Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Lustrum Minerals's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Lustrum Minerals Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:LRM Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 -1.10 -0.91
2018-09-30 -2.18 0.15
2018-06-30 -3.27 1.21
2018-03-31 -2.98 1.94
2017-12-31 -2.70 2.67
2017-09-30 -1.45 1.44
2017-06-30 -0.21 0.21
2016-06-30 0.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Lustrum Minerals has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Lustrum Minerals has efficiently used its assets last year compared to the AU Oil and Gas industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Lustrum Minerals improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Lustrum Minerals's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Lustrum Minerals has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

LRM Health

 How is Lustrum Minerals's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Lustrum Minerals's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Lustrum Minerals is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Lustrum Minerals has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Lustrum Minerals's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Lustrum Minerals has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Lustrum Minerals Company Filings, last reported 2 months ago.

ASX:LRM Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 2.34 0.00 2.30
2018-09-30 2.34 0.00 2.30
2018-06-30 3.31 0.00 3.29
2018-03-31 3.31 0.00 3.29
2017-12-31 4.29 0.00 4.22
2017-09-30 4.29 0.00 4.22
2017-06-30 0.26 0.00 0.21
2016-06-30 0.00 0.00
  • Lustrum Minerals has no debt.
  • Lustrum Minerals currently has no debt however we can't compare to 5 years ago as we have no data for that period.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Lustrum Minerals has sufficient cash runway for 2.3 years based on current free cash flow.
  • Lustrum Minerals has sufficient cash runway for 1.8 years if free cash flow continues to grow at historical rates of 69.6% each year.
X
Financial health checks
We assess Lustrum Minerals's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Lustrum Minerals has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

LRM Dividends

 What is Lustrum Minerals's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Lustrum Minerals dividends.
If you bought A$2,000 of Lustrum Minerals shares you are expected to receive A$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Lustrum Minerals's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Lustrum Minerals's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:LRM Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Australia Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 13 Stocks 4.5%
Australia Market Average Dividend Yield Market Cap Weighted Average of 417 Stocks 4.4%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.6%
Australia Bottom 25% Dividend Yield 25th Percentile 2.6%
Australia Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Lustrum Minerals has not reported any payouts.
  • Unable to verify if Lustrum Minerals's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Lustrum Minerals's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Lustrum Minerals has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Lustrum Minerals's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.6%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Lustrum Minerals afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Lustrum Minerals has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

LRM Management

 What is the CEO of Lustrum Minerals's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
  • Lustrum Minerals has no CEO, or we have no data on them.
Management Team

David Prentice

TITLE
Executive Chairman
AGE
54

Loren King Jones

TITLE
Company Secretary & Non-Executive Director
TENURE
2.7 yrs
Board of Directors Tenure

Average tenure of the Lustrum Minerals board of directors in years:

2.7
Average Tenure
  • The average tenure for the Lustrum Minerals board of directors is less than 3 years, this suggests a new board.
Board of Directors

David Prentice

TITLE
Executive Chairman
AGE
54
TENURE
2.7 yrs

Loren King Jones

TITLE
Company Secretary & Non-Executive Director
TENURE
2.7 yrs

Josh Puckridge

TITLE
Non-Executive Director
TENURE
3.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
23. Nov 18 Buy Merchant Funds Management Pty Ltd Company 24. Nov 17 19. Nov 18 1,571,803 A$0.17 A$272,058
X
Management checks
We assess Lustrum Minerals's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Lustrum Minerals has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

LRM News

Simply Wall St News

Imagine Owning Lustrum Minerals While The Price Tanked 54%

Because Lustrum Minerals hasn't been listed for many years, the market is still learning about how the business performs. … Lustrum Minerals hasn't yet reported any revenue yet, so it's as much a business idea as a business. … Some Lustrum Minerals investors have already had a taste of the bitterness stocks like this can leave in the mouth.

Simply Wall St -

Could The Lustrum Minerals Limited (ASX:LRM) Ownership Structure Tell Us Something Useful?

Every investor in Lustrum Minerals Limited (ASX:LRM) should be aware of the most powerful shareholder groups. … With a market capitalization of AU$4.2m, Lustrum Minerals is a small cap stock, so it might not be well known by many institutional investors. … Check out our latest analysis for Lustrum Minerals

Simply Wall St -

Why Lustrum Minerals Limited's (ASX:LRM) Ownership Structure Is Important

I am going to take a deep dive into Lustrum Minerals Limited’s (ASX:LRM) most recent ownership structure, not a frequent subject of discussion among individual investors. … A company's ownership structure is often linked to its share performance in both the long- and short-term. … Differences in ownership structure of companies can have a profound effect on how management's incentives are aligned with shareholder returns, and whether they adhere to corporate governance best practices.

Simply Wall St -

What You Must Know About Lustrum Minerals Limited's (ASX:LRM) Major Investors

This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions. … Private Company Ownership Another important group of owners for potential investors in LRM are private companies that hold a stake of 44.86% in LRM. … Thus, potential investors should look into these business relations and check how it can impact long-term shareholder returns.Next Steps: Institutional ownership in LRM is not at a level that would concern investors.

Simply Wall St -

Breaking Down Lustrum Minerals Limited's (ASX:LRM) Ownership Structure

Check out our latest analysis for Lustrum Minerals ASX:LRM Ownership_summary Dec 14th 17 Institutional Ownership Institutional investors are one of the largest group of market participants and their buy-sell decisions on a company's stock can significantly impact prices, more so, when there are relatively small amounts of shares available on the market to trade. … Insider Ownership Insiders form another group of important ownership types as they manage the company's operations and decide the best use of capital. … With this size of ownership, retail investors can collectively play a role in major company policies that affect shareholders returns, including executive remuneration and the appointment of directors.

Simply Wall St -

What Can We Expect for Lustrum Minerals Limited (ASX:LRM) Moving Forward?

However, recently the sector saw a reversal in the downturn, and over the past year, the industry turnaround led to growth of over 50%, beating the Australian market growth of 5.37%. … The oil and gas industry is trading at a PE ratio of 11x, lower than the rest of the Australian stock market PE of 17x. … Although it is expected to deliver lower growth on an industry level relative to the rest of the market, it is also trading at a PE below the average stock.

Simply Wall St -

LRM Company Info

Description

Lustrum Minerals Limited engages in identifying exploration projects in Australia and internationally. It primarily holds interests in the Consuelo project with 3 coal exploration permits located in the Bowen Basin of Queensland. The company was incorporated in 2015 and is based in Subiaco, Australia.

Details
Name: Lustrum Minerals Limited
LRM
Exchange: ASX
Founded: 2015
A$2,369,601
33,851,450
Website: http://www.lustrumminerals.com.au
Address: Lustrum Minerals Limited
330 Churchill Avenue,
Suite 9,
Subiaco,
Western Australia, 6008,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX LRM Ordinary Shares Australian Securities Exchange AU AUD 15. Nov 2017
Number of employees
Current staff
Staff numbers
0
Lustrum Minerals employees.
Industry
Coal and Consumable Fuels
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/25 10:35
End of day share price update: 2019/03/06 00:00
Last earnings filing: 2019/03/12
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.