Lunnon Metals Limited (AU:LM8)
ASX:LM8
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LM8 Stock Chart & Stats
AU$0.39
AU$0.01(5.00%)
At close: 4:00 PM EST
AU$0.39
AU$0.01(5.00%)
Day’s Range― - ―
52-Week RangeAU$0.20 - AU$0.51
Previous CloseN/A
Volume1.16K
Average Volume (3M)299.88K
Market Cap
AU$81.52M
Enterprise ValueAU$72.79M
Total Cash (Recent Filing)AU$9.86M
Total Debt (Recent Filing)AU$8.85K
Price to Earnings (P/E)―
Beta0.96
Next Earnings
Sep 18, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.04
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$0.92Price Target Upside135.90% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)0.31
Revenue Forecast (FY)AU$105.37M
Bulls Say, Bears Say
Bulls Say
Low Leverage / Strong Balance SheetExtremely low debt and equity-funded assets give Lunnon Metals durable financial flexibility during the exploration phase. This reduces near-term solvency and interest risk, preserves optionality to fund drilling or development, and supports capital allocation choices without high leverage pressure.
Focused Kambalda Project PortfolioConcentrated holdings in the Kambalda region provide structural advantages: proven nickel-endowed geology, existing local services and infrastructure, and established permitting pathways. Geographic focus can accelerate discovery-to-resource timelines and improve execution efficiency over time.
Narrowing Net LossesA materially smaller loss year-over-year suggests improving cost discipline or more efficient capital use. If sustained, this trend reduces funding runway pressure, lowers incremental capital needs, and strengthens the firm's ability to progress exploration milestones without immediate large-scale dilution.
Bears Say
Persistent Cash BurnConsistent negative operating and free cash flow indicates the company will remain reliant on external capital to fund exploration and development. Over months, continued cash burn raises dilution risk, can delay drilling programs, and constrains the timing of any resource advancement toward production.
No Meaningful Revenue / Pre-productionAbsence of operating revenue means the business lacks internal cash generation and remains contingent on exploration success. Structurally, until commercial production or resource conversion occurs, the company faces higher execution risk and ongoing financing needs to reach cash-generating operations.
Eroding Equity / Negative ROESustained losses have reduced equity and produced highly negative returns on equity, indicating poor capital efficiency. Over the medium term this raises the likelihood of dilutive capital raises, weakens investor returns if not reversed, and can limit strategic flexibility for larger development steps.
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$0.20 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$81.52M.
When is Lunnon Metals Limited’s upcoming earnings report date?
Lunnon Metals Limited’s upcoming earnings report date is Sep 18, 2026 which is in 121 days.
How were Lunnon Metals Limited’s earnings last quarter?
Lunnon Metals Limited released its earnings results on Mar 10, 2026. The company reported -AU$0.024 earnings per share for the quarter, missing the consensus estimate of N/A by -AU$0.024.
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$0.024 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -0.714%.
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
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3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
AU$0.92 (135.90% Upside)
AU$0.92 (135.90% 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
-30.57%
Trailing 12-Months
Asset Growth
-17.61%
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$0.92
▲(135.90% Upside)
Technical Analysis
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Options Prices
Currently, No data available
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