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Latrobe Magnesium Limited (AU:LMG)
ASX:LMG
LMG Stock Chart & Stats
AU$0.02
>-AU$0.01(-5.00%)
At close: 4:00 PM EST
AU$0.02
>-AU$0.01(-5.00%)
Day’s Range― - ―
52-Week Range<AU$0.01 - AU$0.04
Previous CloseN/A
Volume317.21K
Average Volume (3M)2.92M
Market Cap
AU$56.30M
Enterprise ValueAU$39.88M
Total Cash (Recent Filing)AU$4.52M
Total Debt (Recent Filing)AU$3.18M
Price to Earnings (P/E)―
Beta1.35
Next Earnings
Sep 24, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding3,127,817,000
10 Day Avg. Volume3,294,508
30 Day Avg. Volume2,924,277
Financial Highlights & Ratios
PEG Ratio0.13
Price to Book (P/B)0.40
Price to Sales (P/S)7.09
P/FCF Ratio10.11
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Sustainable Feedstock AdvantageLatrobe’s process to produce magnesium from fly ash is a structural business-model advantage: it uses a low-cost waste feedstock, aligns with circular-economy and ESG trends, and can materially lower raw-material input costs versus conventional routes once commercialised, supporting durable margin potential.
Supportive Balance Sheet / Low LeverageLeverage has declined to modest levels, and equity has grown, creating a stronger capital cushion. This reduces refinancing risk, provides capacity for staged capital investment, and increases financial flexibility to fund scale-up or absorb early operational shocks without immediate reliance on high-cost external funding.
Emerging Positive Cash GenerationThe move to positive operating cash flow and a positive free cash flow in FY2025 indicates improving cash-conversion as production and sales emerge. Sustained cash generation would support reinvestment, lower dependence on dilutive financing, and strengthen the company’s ability to fund commercial scaling over the medium term.
Bears Say
Persistent Operating LossesDespite revenue starting to appear, the company continues to report significant operating losses and deeply negative net margins. Until profitability is established, the business remains dependent on external capital for operations and growth, constraining long-term returns and resilience.
Volatile Cash Flow PerformanceCash flow has swung materially year-to-year, with volatile free-cash-flow dynamics. Such volatility undermines planning for capex and working capital, raises the probability of opportunistic funding needs, and makes it harder to demonstrate consistent operational scalability to customers and partners.
Negative Returns Despite Equity GrowthAlthough equity has expanded, returns on that capital remain negative, indicating capital inefficiency. Persistently negative ROE signals the company has not yet converted invested capital into profitable operations, raising risk of further capital raises or dilution if operational improvements are delayed.
Latrobe Magnesium Limited News
LMG FAQ
What was Latrobe Magnesium Limited’s price range in the past 12 months?
Latrobe Magnesium Limited lowest share price was <AU$0.01 and its highest was AU$0.04 in the past 12 months.
What is Latrobe Magnesium Limited’s market cap?
Latrobe Magnesium Limited’s market cap is AU$56.30M.
When is Latrobe Magnesium Limited’s upcoming earnings report date?
Latrobe Magnesium Limited’s upcoming earnings report date is Sep 24, 2026 which is in 191 days.
How were Latrobe Magnesium Limited’s earnings last quarter?
Latrobe Magnesium Limited released its earnings results on Mar 13, 2026. The company reported -AU$0.001 earnings per share for the quarter, missing the consensus estimate of N/A by -AU$0.001.
Is Latrobe Magnesium Limited overvalued?
According to Wall Street analysts Latrobe Magnesium Limited’s price is currently Overvalued.
Does Latrobe Magnesium Limited pay dividends?
Latrobe Magnesium Limited does not currently pay dividends.
What is Latrobe Magnesium Limited’s EPS estimate?
Latrobe Magnesium Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Latrobe Magnesium Limited have?
Latrobe Magnesium Limited has 3,127,817,000 shares outstanding.
What happened to Latrobe Magnesium Limited’s price movement after its last earnings report?
Latrobe Magnesium Limited reported an EPS of -AU$0.001 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -5.263%.
Which hedge fund is a major shareholder of Latrobe Magnesium Limited?
Currently, no hedge funds are holding shares in AU:LMG
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
Latrobe Magnesium Limited Stock Smart Score
Underperform
1
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10
Blogger Sentiment
Bullish
AU:LMG Sentiment 100%
Sector Average ―
Sector Average ―
Insider Transactions
Bought Shares
Worth AU$588.8K over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-21.87%
12-Months-Change
Fundamentals
Return on Equity
-6.35%
Trailing 12-Months
Asset Growth
14.76%
Trailing 12-Months
Company Description
Latrobe Magnesium Limited
Latrobe Magnesium Limited engages in developing a magnesium production plant for the extraction of magnesium metal from fly ash resource in Germany. It holds interests in the Latrobe magnesium project located in the Latrobe Valley in Victoria. The company was incorporated in 1986 and is based in Sydney, Australia.
Technical Analysis
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