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Latrobe Magnesium ASX:LMG Stock Report

Last Price

AU$0.051

Market Cap

AU$94.9m

7D

3.0%

1Y

-25.0%

Updated

10 May, 2024

Data

Company Financials

Latrobe Magnesium Limited

ASX:LMG Stock Report

Market Cap: AU$94.9m

LMG Stock Overview

Latrobe Magnesium Limited engages in developing a magnesium production plant for the extraction of magnesium metal from fly ash resource.

LMG fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
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$0.051
52 Week HighAU$0.075
52 Week LowAU$0.041
Beta1.27
1 Month Change0%
3 Month Change-7.27%
1 Year Change-25.00%
3 Year Change183.33%
5 Year Change628.57%
Change since IPO-57.50%

Recent News & 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

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
7D3.0%1.7%1.8%
1Y-25.0%-1.8%7.0%

Return vs Industry: LMG underperformed the Australian Metals and Mining industry which returned -1.8% over the past year.

Return vs Market: LMG underperformed the Australian Market which returned 7% over the past year.

Price Volatility

Is LMG's price volatile compared to industry and market?
LMG volatility
LMG Average Weekly Movement6.4%
Metals and Mining Industry Average Movement12.5%
Market Average Movement9.0%
10% most volatile stocks in AU Market17.2%
10% least volatile stocks in AU Market3.5%

Stable Share Price: LMG has not had significant price volatility in the past 3 months.

Volatility Over Time: LMG's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1986n/aDavid Patersonwww.latrobemagnesium.com

Latrobe Magnesium Limited engages in developing 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. Latrobe Magnesium Limited was incorporated in 1986 and is based in Sydney, Australia.

Latrobe Magnesium Limited Fundamentals Summary

How do Latrobe Magnesium's earnings and revenue compare to its market cap?
LMG fundamental statistics
Market capAU$94.88m
Earnings (TTM)-AU$7.58m
Revenue (TTM)n/a

0.0x

P/S Ratio

-13.0x

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$7.58m
Earnings-AU$7.58m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.0039
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio37.1%

How did LMG perform over the long term?

See historical performance and comparison
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