| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
LGM Overview
Legacy Minerals Holdings Limited acquires, explores for, and develops mineral properties.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$0.20 |
| 52 Week High | AU$0.16 |
| 52 Week Low | AU$0.26 |
| Beta | 0 |
| 1 Month Change | -9.09% |
| 3 Month Change | n/a |
| 1 Year Change | n/a |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 11.11% |
Recent News & Updates
Shareholder Returns
| LGM | AU Metals and Mining | AU Market | |
|---|---|---|---|
| 7D | 11.1% | -1.7% | 0.6% |
| 1Y | n/a | 10.8% | 21.3% |
Return vs Industry: Insufficient data to determine how LGM performed against the Australian Metals and Mining industry.
Return vs Market: Insufficient data to determine how LGM performed against the Australian Market.
Price Volatility
| LGM volatility | |
|---|---|
| LGM Beta | 0 |
| Industry Beta | 0.97 |
| Market Beta | 1 |
Stable Share Price: Insufficient data to determine LGM's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine LGM's volatility change over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2017 | n/a | Chris Byrne | https://legacyminerals.com.au |
Legacy Minerals Holdings Limited acquires, explores for, and develops mineral properties. The company primarily explores for gold and copper deposits. It owns 100% interests in the Cobar, Harden, Bauloora, Rockley, and Fontenoy projects covering an area of 531 square kilometers located in the Lachlan Fold Belt in New South Wales.
Legacy Minerals Holdings Fundamentals Summary
| LGM fundamental statistics | |
|---|---|
| Market Cap | AU$15.41m |
| Earnings (TTM) | -AU$855.31k |
| Revenue (TTM) | n/a |
0x
P/S Ratio-17.6x
P/E RatioIs LGM overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| LGM income statement (TTM) | |
|---|---|
| Revenue | AU$0 |
| Cost of Revenue | AU$0 |
| Gross Profit | AU$0 |
| Expenses | AU$855.31k |
| Earnings | -AU$855.31k |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.011 |
| Gross Margin | 0.00% |
| Net Profit Margin | 0.00% |
| Debt/Equity Ratio | 0.0% |
How did LGM perform over the long term?
See historical performance and comparisonValuation
Is Legacy Minerals Holdings undervalued compared to its fair value and its price relative to the market?
18.55x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate LGM's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate LGM's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: LGM is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: LGM 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 LGM's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: LGM is overvalued based on its PB Ratio (18.6x) compared to the AU Metals and Mining industry average (2.6x).
Future Growth
How is Legacy Minerals Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
-0.5%
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 Legacy Minerals Holdings 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.
Past Performance
How has Legacy Minerals Holdings performed over the past 5 years?
-6,738.1%
Last years earnings growth
Earnings and Revenue History
Quality Earnings: LGM is currently unprofitable.
Growing Profit Margin: LGM is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if LGM's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare LGM's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: LGM 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: LGM has a negative Return on Equity (-105.53%), as it is currently unprofitable.
Financial Health
How is Legacy Minerals Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: LGM's short term assets (A$957.6K) exceed its short term liabilities (A$478.2K).
Long Term Liabilities: LGM has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: LGM is debt free.
Reducing Debt: LGM has not had any debt for past 5 years.
Balance Sheet
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: LGM has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: LGM has less than a year of cash runway if free cash flow continues to reduce at historical rates of 81.5% each year
Dividend
What is Legacy Minerals Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate LGM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate LGM'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 LGM's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if LGM'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 LGM's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
0.4yrs
Average board tenure
CEO
Chris Byrne
no data
Tenure
AU$13,266
Compensation
Mr. Christopher Byrne, also known as Chris, serves as the Chief Executive Officer, Managing Director and Director of Legacy Minerals Holdings Limited. Mr. Byrne has several years of experience as an engine...
CEO Compensation Analysis
Compensation vs Market: Chris's total compensation ($USD9.91K) is below average for companies of similar size in the Australian market ($USD302.38K).
Compensation vs Earnings: Insufficient data to compare Chris's compensation with company performance.
Board Members
Experienced Board: LGM's board of directors are not considered experienced ( 0.4 years average tenure), which suggests a new board.
Ownership
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.
Ownership Breakdown
Dilution of Shares: LGM only recently listed within the past 12 months.
Top Shareholders
Company Information
Legacy Minerals Holdings Limited's employee growth, exchange listings and data sources
Key Information
- Name: Legacy Minerals Holdings Limited
- Ticker: LGM
- Exchange: ASX
- Founded: 2017
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$15.411m
- Shares outstanding: 75.18m
- Website: https://legacyminerals.com.au
Location
- Legacy Minerals Holdings Limited
- 401/54 Miller Street
- North Sydney
- New South Wales
- 2060
- Australia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/25 07:04 |
| End of Day Share Price | 2021/10/25 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2021/06/30 |
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.