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Lunnon Metals ASX:LM8 Stock Report

Last Price

AU$0.28

Market Cap

AU$61.0m

7D

-1.8%

1Y

-75.7%

Updated

24 Apr, 2024

Data

Company Financials

LM8 Stock Overview

Lunnon Metals Limited focuses on the exploration and development of nickel and gold in Australia.

LM8 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

Lunnon Metals Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Lunnon Metals
Historical stock prices
Current Share PriceAU$0.28
52 Week HighAU$1.19
52 Week LowAU$0.20
Beta0.20
1 Month Change-3.45%
3 Month Change-9.68%
1 Year Change-75.65%
3 Year Changen/a
5 Year Changen/a
Change since IPO-34.12%

Recent News & Updates

Is Lunnon Metals (ASX:LM8) In A Good Position To Invest In Growth?

Mar 11
Is Lunnon Metals (ASX:LM8) In A Good Position To Invest In Growth?

Recent updates

Is Lunnon Metals (ASX:LM8) In A Good Position To Invest In Growth?

Mar 11
Is Lunnon Metals (ASX:LM8) In A Good Position To Invest In Growth?

Here's Why We're Not Too Worried About Lunnon Metals' (ASX:LM8) Cash Burn Situation

Aug 17
Here's Why We're Not Too Worried About Lunnon Metals' (ASX:LM8) Cash Burn Situation

Here's Why We're Not Too Worried About Lunnon Metals' (ASX:LM8) Cash Burn Situation

Jan 14
Here's Why We're Not Too Worried About Lunnon Metals' (ASX:LM8) Cash Burn Situation

Shareholder Returns

LM8AU Metals and MiningAU Market
7D-1.8%0.05%0.9%
1Y-75.7%-2.1%5.6%

Return vs Industry: LM8 underperformed the Australian Metals and Mining industry which returned -2.1% over the past year.

Return vs Market: LM8 underperformed the Australian Market which returned 5.6% over the past year.

Price Volatility

Is LM8's price volatile compared to industry and market?
LM8 volatility
LM8 Average Weekly Movement13.7%
Metals and Mining Industry Average Movement12.4%
Market Average Movement8.9%
10% most volatile stocks in AU Market17.6%
10% least volatile stocks in AU Market3.5%

Stable Share Price: LM8's share price has been volatile over the past 3 months.

Volatility Over Time: LM8's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
201425Ed Ainscoughwww.lunnonmetals.com.au

Lunnon Metals Limited focuses on the exploration and development of nickel and gold in Australia. It holds 100% interest in the Kambalda Nickel project, which comprises Foster and Baker area that consists of 19 contiguous mining leases and Silver Lake and Fisher area, which includes 20 contiguous mining leases covering an area of approximately 47 square kilometers located within the Kambalda Nickel District, Eastern Goldfields, Western Australia. The company was formerly known as ACH Nickel Pty Ltd and changed its name to Lunnon Metals Limited in February 2021.

Lunnon Metals Limited Fundamentals Summary

How do Lunnon Metals's earnings and revenue compare to its market cap?
LM8 fundamental statistics
Market capAU$60.99m
Earnings (TTM)-AU$22.90m
Revenue (TTM)n/a

9,999x

P/S Ratio

-2.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LM8 income statement (TTM)
Revenue-AU$3.89k
Cost of RevenueAU$0
Gross Profit-AU$3.89k
Other ExpensesAU$22.89m
Earnings-AU$22.90m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.11
Gross Margin100.00%
Net Profit Margin588,723.48%
Debt/Equity Ratio0%

How did LM8 perform over the long term?

See historical performance and comparison
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