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Legacy Minerals Holdings Ltd. ( (AU:LGM) ) has provided an announcement.
Legacy Minerals Holdings Ltd. has requested and received a trading halt on its ordinary fully paid shares on the ASX, as the company prepares a response to a price query from the exchange. Trading in LGM securities will remain paused until either the company releases its announcement addressing the price query or normal trading resumes on the specified date, signalling that investors should expect further clarification on recent share price movements.
ASX Compliance confirmed that the halt took effect prior to the market open on 2 April 2026 and will last until no later than early April the following week, unless lifted sooner by an announcement. The move underscores the exchange’s and the company’s effort to ensure an orderly market and full disclosure, with Legacy stating it is not aware of any reason the halt should not be granted or of additional information required to inform the market beyond its pending response.
The most recent analyst rating on (AU:LGM) stock is a Hold with a A$0.13 price target. To see the full list of analyst forecasts on Legacy Minerals Holdings Ltd. stock, see the AU:LGM Stock Forecast page.
More about Legacy Minerals Holdings Ltd.
Legacy Minerals Holdings Ltd., listed on the ASX under ticker LGM, operates in the resources sector with a focus on mineral exploration and development in Australia. The company’s activities center on progressing its exploration assets for potential resource discovery and future project advancement within the mining and commodities market.
Average Trading Volume: 624,854
Technical Sentiment Signal: Sell
Current Market Cap: A$29.02M
Learn more about LGM stock on TipRanks’ Stock Analysis page.