Lunnon Metals (ASX:LM8) - Stock Price, News & Analysis

LM8 Stock Overview

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

LM8 fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	4/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Rewards

Earnings are forecast to grow 99.49% per year

Risk Analysis

Makes less than USD$1m in revenue (A$0)

Shareholders have been diluted in the past year

My Notes

New

Notes are coming soon

Lunnon Metals Limited Competitors

Queensland Pacific Metals

ASX:QPM

AU$192.1m

Quantum Graphite

ASX:QGL

AU$178.3m

AIC Mines

ASX:A1M

AU$178.0m

Magnetic Resources

ASX:MAU

AU$183.6m

Price History & Performance

Summary of all time highs, changes and price drops for Lunnon Metals
Historical stock prices
Current Share Price	AU$0.95
52 Week High	AU$1.30
52 Week Low	AU$0.65
Beta	0
1 Month Change	6.70%
3 Month Change	17.18%
1 Year Change	19.38%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	124.71%

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

Jan 14

Recent updates

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

Jan 14

Shareholder Returns

	LM8	AU Metals and Mining	AU Market
7D	-1.5%	-2.1%	-0.3%
1Y	19.4%	8.8%	2.4%

Return vs Industry: LM8 exceeded the Australian Metals and Mining industry which returned 9.1% over the past year.

Return vs Market: LM8 exceeded the Australian Market which returned 3.4% over the past year.

Price Volatility

Is LM8's price volatile compared to industry and market?
LM8 volatility
LM8 Average Weekly Movement	7.7%
Metals and Mining Industry Average Movement	10.5%
Market Average Movement	8.5%
10% most volatile stocks in AU Market	15.6%
10% least volatile stocks in AU Market	3.4%

Stable Share Price: LM8 is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: LM8's weekly volatility (8%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2014	n/a	Ed Ainscough	https://www.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 19 contiguous mining tenements and area covering 23 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 Cap	AU$186.24m
Earnings (TTM)	-AU$6.65m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-28.0x

P/E Ratio

Is LM8 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
LM8 income statement (TTM)
Revenue	AU$0
Cost of Revenue	AU$0
Gross Profit	AU$0
Other Expenses	AU$6.65m
Earnings	-AU$6.65m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	-0.034
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did LM8 perform over the long term?

See historical performance and comparison

LM8 Stock Overview

Rewards

Risk Analysis

Lunnon Metals Limited Competitors

ASX:QPM

AU$192.1m

ASX:QGL

AU$178.3m

ASX:A1M

AU$178.0m

ASX:MAU

AU$183.6m

Price History & Performance

Recent News & Updates

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

Lunnon Metals Limited Provides A First-Time Mineral Resource Estimate for the S16C and N14C Surfaces, Located At Its Historical Foster Nickel Mine, At the Kambalda Nickel Project

Lunnon Metals Limited Updates Nickel Mineral Resource Estimate (Mre) for the Baker Deposit, Its First Discovery At the Kambalda Nickel Project

Lunnon Metals Limited Provides an Update on the Progress of Its Discovery Programme At the Historical Foster Nickel Mine, Part of Its Kambalda Nickel Project

Less than half of directors are independent

Lunnon Metals Limited Provides an Update on the Progress of Its Discovery Programme in the Warren Channel At Its Kambalda Nickel Project

Recent updates

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

Lunnon Metals Limited Provides A First-Time Mineral Resource Estimate for the S16C and N14C Surfaces, Located At Its Historical Foster Nickel Mine, At the Kambalda Nickel Project

Lunnon Metals Limited Updates Nickel Mineral Resource Estimate (Mre) for the Baker Deposit, Its First Discovery At the Kambalda Nickel Project

Lunnon Metals Limited Provides an Update on the Progress of Its Discovery Programme At the Historical Foster Nickel Mine, Part of Its Kambalda Nickel Project

Less than half of directors are independent

Lunnon Metals Limited Provides an Update on the Progress of Its Discovery Programme in the Warren Channel At Its Kambalda Nickel Project

Lunnon Metals Limited Provides Last High Priority Assay Results from its Discovery Programme at the Baker Shoot, Part of the Kambalda Nickel Project

Lunnon Metals Limited Provides Update on Targeting Activities At the Recently Acquired Silver Lake Nickel Deposit

Lunnon Metals Limited Announces Deep Diamond Drilling, Data Collection and Reporting Has Concluded at the Kenilworth Target

Lunnon Metals Limited Provides an Update on the Latest Results from Its Discovery Programme At the Baker Shoot, Part of the Kambalda Nickel Project

Lunnon Metals Limited, Annual General Meeting, Nov 15, 2022

Lunnon Metals Limited Appoints Hayden Bartrop as Chief Financial Officer, Effective from 3 January 2023

Lunnon Metals Limited Announces Baker Initial Metallurgical Tests Complete

Lunnon Metals Limited Provides an Update on the Progress of its Drilling Programme at the Baker Shoot, Part of the Kambalda Nickel Project

Lunnon Metals Limited Provides an Update on the Progress of its Drilling Programme at the Baker Shoot, Part of the Kambalda Nickel Project

Lunnon Metals Limited Provides an Update on Progress of Its Discovery Programme in the Warren Channel, Part of the Previously Operated Foster Nickel Mine At Its Kambalda Nickel Project (Knp)

Lunnon Metals Limited Provides an Update on the Progress of Its Discovery Programme At the Baker Shoot and Kenilworth Target, At Its Kambalda Nickel Project

Lunnon Metals Limited Provides an Update on the Progress of Its Discovery Programme in the Warren Channel

Less than half of directors are independent

Lunnon Metals Limited Announces N75c Demonstrates Upside of Historical Core Programme

Lunnon Metals Limited Provides an Update on the Progress of Its Discovery Programme in the Warren Channel

Lunnon Metals Limited Announces WA Government EIS Hole Commences At Kenilworth

Lunnon Metals Limited Provides Update on the Progress of Its Discovery Programme on the Warren Channel

Lunnon Metals Limited Provides an Update on the Progress of its Discovery Programme on the Warren Channel, Part of the Foster Nickel Mine At its Kambalda Nickel Project

Lunnon Metals Limited Announces Multiple High Grade Nickel Hits At Baker

Lunnon Metals Limited Provides an Update on the Status of its Exploration Programme at the Baker Shoot

Lunnon Metals Limited Provides Update on the Status of its Exploration Programme at the Baker Shoot, an Emerging Discovery at the Kambalda Nickel Project

Lunnon Metals Limited Provides an Update on the Progress of Drill Programmes at the Foster Nickel Mine

Lunnon Metals Limited Provides an Update on the Progress of its Discovery Programme at the Kambalda Nickel Project

Lunnon Metals Limited Reports on Progress of Work Towards the Mineral Resource Estimate from Its Historical Drill Core Programme Targeting the N75C Nickel Surface at the Foster Nickel Mine, Part of its Kambalda Nickel Project

Lunnon Metals Limited to Provide Additional Details in Relation to its Historical Drill Core Retrieval Programme

Lunnon Metals Limited (ASX:LM8) completed the acquisition of remaining 49% stake in Kambalda Nickel Project from St. Ives Gold Mining Company Pty Limited.

Shareholder Returns

Price Volatility

About the Company

Lunnon Metals Limited Fundamentals Summary

0.0x

-28.0x

Earnings & Revenue