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Lunnon Metals ASX:LM8 Stock Report

Last Price

AU$0.21

Market Cap

AU$46.3m

7D

-12.5%

1Y

-65.0%

Updated

22 Dec, 2024

Data

Company Financials +

My Notes

Capture your thoughts, links and company narrative

Lunnon Metals Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Lunnon Metals
Historical stock prices
Current Share PriceAU$0.21
52 Week HighAU$0.64
52 Week LowAU$0.14
Beta-0.68
1 Month Change-10.64%
3 Month Change40.00%
1 Year Change-65.00%
3 Year Change-46.15%
5 Year Changen/a
Change since IPO-50.59%

Recent News & Updates

Recent updates

We Think Lunnon Metals (ASX:LM8) Needs To Drive Business Growth Carefully

Jul 14
We Think Lunnon Metals (ASX:LM8) Needs To Drive Business Growth Carefully

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-12.5%-5.2%-2.7%
1Y-65.0%-19.5%6.5%

Return vs Industry: LM8 underperformed the Australian Metals and Mining industry which returned -19.5% over the past year.

Return vs Market: LM8 underperformed the Australian Market which returned 6.5% over the past year.

Price Volatility

Is LM8's price volatile compared to industry and market?
LM8 volatility
LM8 Average Weekly Movement17.8%
Metals and Mining Industry Average Movement10.6%
Market Average Movement8.0%
10% most volatile stocks in AU Market16.8%
10% least volatile stocks in AU Market3.1%

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

Volatility Over Time: LM8's weekly volatility (18%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
201418Ed Ainscoughlunnonmetals.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 the Foster and Baker area that consists of 19 contiguous mining leases and the 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$46.30m
Earnings (TTM)-AU$24.11m
Revenue (TTM)AU$1.55k

Over9,999x

P/S Ratio

-1.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LM8 income statement (TTM)
RevenueAU$1.55k
Cost of RevenueAU$0
Gross ProfitAU$1.55k
Other ExpensesAU$24.11m
Earnings-AU$24.11m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.11
Gross Margin100.00%
Net Profit Margin-1,554,251.77%
Debt/Equity Ratio0%

How did LM8 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 05:48
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Lunnon Metals Limited is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Adam BakerMacquarie Research
Peter KormendyShaw and Partners Limited