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Latrobe Magnesium ASX:LMG Stock Report

Last Price

AU$0.024

Market Cap

AU$56.4m

7D

-4.0%

1Y

-59.3%

Updated

26 Nov, 2024

Data

Company Financials

Latrobe Magnesium Limited

ASX:LMG Stock Report

Market Cap: AU$56.4m

LMG Stock Overview

Engages in the construction and commissioning of a magnesium production plant for the extraction of magnesium metal from fly ash resource. More details

LMG fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

Latrobe Magnesium Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Latrobe Magnesium
Historical stock prices
Current Share PriceAU$0.024
52 Week HighAU$0.07
52 Week LowAU$0.023
Beta1.24
11 Month Change-14.29%
3 Month Change-20.00%
1 Year Change-59.32%
33 Year Change-74.47%
5 Year Change118.18%
Change since IPO-80.00%

Recent News & Updates

Recent updates

Here's Why Latrobe Magnesium (ASX:LMG) Can Afford Some Debt

Oct 12
Here's Why Latrobe Magnesium (ASX:LMG) Can Afford Some Debt

Is Latrobe Magnesium (ASX:LMG) Using Debt Sensibly?

Apr 10
Is Latrobe Magnesium (ASX:LMG) Using Debt Sensibly?

Is Latrobe Magnesium (ASX:LMG) Using Debt In A Risky Way?

Dec 26
Is Latrobe Magnesium (ASX:LMG) Using Debt In A Risky Way?

Is Latrobe Magnesium (ASX:LMG) A Risky Investment?

Mar 17
Is Latrobe Magnesium (ASX:LMG) A Risky Investment?

Shareholder Returns

LMGAU Metals and MiningAU Market
7D-4.0%0.1%1.2%
1Y-59.3%-9.9%19.7%

Return vs Industry: LMG underperformed the Australian Metals and Mining industry which returned -9.9% over the past year.

Return vs Market: LMG underperformed the Australian Market which returned 19.7% over the past year.

Price Volatility

Is LMG's price volatile compared to industry and market?
LMG volatility
LMG Average Weekly Movement15.7%
Metals and Mining Industry Average Movement11.0%
Market Average Movement8.6%
10% most volatile stocks in AU Market17.5%
10% least volatile stocks in AU Market3.2%

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

Volatility Over Time: LMG's weekly volatility has increased from 11% to 16% over the past year.

About the Company

FoundedEmployeesCEOWebsite
1986n/aDavid Patersonwww.latrobemagnesium.com

Latrobe Magnesium Limited engages in the construction and commissioning of a magnesium production plant for the extraction of magnesium metal from fly ash resource. It holds interests in the Latrobe magnesium project located in the Latrobe Valley in Victoria. The company was formerly known as Rambora Technologies Ltd.

Latrobe Magnesium Limited Fundamentals Summary

How do Latrobe Magnesium's earnings and revenue compare to its market cap?
LMG fundamental statistics
Market capAU$56.36m
Earnings (TTM)-AU$4.74m
Revenue (TTM)n/a

0.0x

P/S Ratio

-11.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LMG income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
Other ExpensesAU$4.74m
Earnings-AU$4.74m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.002
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio4.5%

How did LMG perform over the long term?

See historical performance and comparison