Legend Mining Limited engages in the exploration and evaluation of mineral properties in Australia.
Legend Mining Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.07|
|52 Week High||AU$0.061|
|52 Week Low||AU$0.15|
|1 Month Change||0%|
|3 Month Change||-22.22%|
|1 Year Change||-48.15%|
|3 Year Change||100.00%|
|5 Year Change||483.33%|
|Change since IPO||-69.57%|
Recent News & Updates
We Think Legend Mining (ASX:LEG) Can Easily Afford To Drive Business Growth
There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...
Legend Mining (ASX:LEG) Is In A Strong Position To Grow Its Business
We can readily understand why investors are attracted to unprofitable companies. For example, although...
|LEG||AU Metals and Mining||AU Market|
Return vs Industry: LEG underperformed the Australian Metals and Mining industry which returned 12.2% over the past year.
Return vs Market: LEG underperformed the Australian Market which returned 20.2% over the past year.
Stable Share Price: LEG is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: LEG's weekly volatility (9%) has been stable over the past year.
About the Company
Legend Mining Limited engages in the exploration and evaluation of mineral properties in Australia. The company primarily explores for nickel, copper, cobalt, zinc, silver, and gold deposits. It holds interests in the Rockford project that covers a total area of 3,088 square kilometers located in the Fraser Range district of Western Australia.
Legend Mining Fundamentals Summary
|LEG fundamental statistics|
Is LEG overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|LEG income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.000073|
|Net Profit Margin||0.00%|
How did LEG perform over the long term?See historical performance and comparison
Is Legend Mining undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate LEG's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate LEG's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: LEG is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: LEG is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate LEG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: LEG is overvalued based on its PB Ratio (3.6x) compared to the AU Metals and Mining industry average (2.6x).
How is Legend Mining forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Materials industry annual growth in earnings
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 Legend Mining 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 SimplyWall St do have past financial data.
How has Legend Mining performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LEG is currently unprofitable.
Growing Profit Margin: LEG is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: LEG is unprofitable, but has reduced losses over the past 5 years at a rate of 39% per year.
Accelerating Growth: Unable to compare LEG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: LEG is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).
Return on Equity
High ROE: LEG has a negative Return on Equity (-0.38%), as it is currently unprofitable.
How is Legend Mining's financial position?
Financial Position Analysis
Short Term Liabilities: LEG's short term assets (A$25.9M) exceed its short term liabilities (A$970.8K).
Long Term Liabilities: LEG's short term assets (A$25.9M) exceed its long term liabilities (A$241.9K).
Debt to Equity History and Analysis
Debt Level: LEG is debt free.
Reducing Debt: LEG has not had any debt for past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: LEG has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: LEG has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 4% each year
What is Legend Mining current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate LEG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate LEG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if LEG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if LEG's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of LEG's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Mark William Wilson, MIE Aust, CP Eng has been the Managing Director of Legend Mining Ltd. since January 18, 2006. Mr. Wilson has extensive business background, mainly in corporate management and proje...
CEO Compensation Analysis
Compensation vs Market: Mark's total compensation ($USD291.86K) is about average for companies of similar size in the Australian market ($USD302.72K).
Compensation vs Earnings: Mark's compensation has increased whilst the company is unprofitable.
Experienced Management: LEG's management team is considered experienced (4.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.9%.
Legend Mining Limited's employee growth, exchange listings and data sources
- Name: Legend Mining Limited
- Ticker: LEG
- Exchange: ASX
- Founded: 1993
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$192.860m
- Shares outstanding: 2.76b
- Website: https://www.legendmining.com.au
Number of Employees
- Legend Mining Limited
- 8 Kings Park Road
- Level 1
- West Perth
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/18 15:17|
|End of Day Share Price||2021/10/18 00:00|
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.