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Lunnon Metals Limited (AU:LM8)
ASX:LM8
LM8 Stock Chart & Stats
AU$0.37
AU$0.01(5.00%)
At close: 4:00 PM EST
AU$0.37
AU$0.01(5.00%)
Day’s Range― - ―
52-Week RangeAU$0.17 - AU$0.51
Previous CloseN/A
Volume1.16K
Average Volume (3M)299.88K
Market Cap
AU$82.64M
Enterprise ValueAU$67.30M
Total Cash (Recent Filing)AU$15.37M
Total Debt (Recent Filing)AU$34.51K
Price to Earnings (P/E)―
Beta0.32
Next Earnings
Feb 26, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.02
Shares Outstanding223,338,940
10 Day Avg. Volume173,444
30 Day Avg. Volume299,879
Financial Highlights & Ratios
PEG Ratio0.09
Price to Book (P/B)1.58
Price to Sales (P/S)0.00
P/FCF Ratio-8.19
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$0.80Price Target Upside116.22% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Low Leverage / Strong Balance SheetVery low financial leverage gives Lunnon Metals durable solvency and flexibility to fund exploration through equity or partnerships rather than servicing debt. This reduces near-term default risk and preserves optionality to pursue drilling or farm-out negotiations over the next several months.
Focused Asset Strategy (Kambalda)Concentrated focus on the Kambalda region concentrates technical expertise and project management, improving odds of meaningful discoveries and making assets easier to package for JV or sale. A clear regional strategy supports repeatable exploration processes and partner interest.
Appropriate Exploration-stage Funding ModelA business model built on equity raises and asset transactions fits the company’s exploration stage: it provides clear, industry-standard monetisation routes (farm-outs, JV earn-ins, project sales). That alignment supports continued program funding while assets are de-risked.
Bears Say
Persistent Cash BurnSustained negative operating and free cash flow requires ongoing external funding to progress exploration. Repeated cash burn increases dilution risk and can delay or constrain drilling and resource definition programs if capital markets tighten, impacting asset advancement timelines.
No Meaningful Revenue; Loss-makingLack of a revenue base and sizable recurring losses mean the company cannot self-fund operations or demonstrate operating scalability. Until a sale, JV or a discovery converts to production, profitability remains uncertain and contingent on successful exploration outcomes.
Equity Erosion & Negative Returns On EquityPersistent negative ROE and declining equity indicate value erosion for shareholders. Even with low debt, continued losses will necessitate capital raises or asset dilution, reducing per-share value and limiting strategic flexibility for larger funding or partner consolidation.
Lunnon Metals Limited News
LM8 FAQ
What was Lunnon Metals Limited’s price range in the past 12 months?
Lunnon Metals Limited lowest share price was AU$0.17 and its highest was AU$0.51 in the past 12 months.
What is Lunnon Metals Limited’s market cap?
Lunnon Metals Limited’s market cap is AU$82.64M.
When is Lunnon Metals Limited’s upcoming earnings report date?
Lunnon Metals Limited’s upcoming earnings report date is Feb 26, 2026 which is in 9 days.
How were Lunnon Metals Limited’s earnings last quarter?
Lunnon Metals Limited released its earnings results on Sep 19, 2025. The company reported -AU$0.021 earnings per share for the quarter, missing the consensus estimate of N/A by -AU$0.021.
Is Lunnon Metals Limited overvalued?
According to Wall Street analysts Lunnon Metals Limited’s price is currently Undervalued.
Does Lunnon Metals Limited pay dividends?
Lunnon Metals Limited does not currently pay dividends.
What is Lunnon Metals Limited’s EPS estimate?
Lunnon Metals Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Lunnon Metals Limited have?
Lunnon Metals Limited has 223,338,940 shares outstanding.
What happened to Lunnon Metals Limited’s price movement after its last earnings report?
Lunnon Metals Limited reported an EPS of -AU$0.021 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went up 12.903%.
Which hedge fund is a major shareholder of Lunnon Metals Limited?
Currently, no hedge funds are holding shares in AU:LM8
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Lunnon Metals Limited Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
AU$0.80 (116.22% Upside)
AU$0.80 (116.22% Upside)
Blogger Sentiment
Bullish
AU:LM8 Sentiment 100%
Sector Average ―
Sector Average ―
Technicals
SMA
Positive
20 days / 200 days
Momentum
9.52%
12-Months-Change
Fundamentals
Return on Equity
-32.89%
Trailing 12-Months
Asset Growth
-25.20%
Trailing 12-Months
Company Description
Lunnon Metals Limited
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 was incorporated in 2014 and is based in West Perth, Australia.
LM8 Stock 12 Month Forecast
Average Price Target
AU$0.80
▲(116.22% Upside)
Technical Analysis
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Options Prices
Currently, No data available
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