Latrobe Magnesium Limited (AU:LMG)
ASX:LMG
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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$56.32M
Enterprise ValueAU$44.73M
Total Cash (Recent Filing)AU$4.52M
Total Debt (Recent Filing)AU$3.18M
Price to Earnings (P/E)―
Beta1.00
Next Earnings
Oct 05, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)<0.01
Shares Outstanding3,129,136,700
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 Target
AU$0.06Price Target Upside200.00% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)AU$2.00M
Bulls Say, Bears Say
Bulls Say
Balance-sheet HealthMaterial improvement in leverage and a larger equity base provide a durable financial cushion. Modest debt reduces refinancing risk and gives management time to commercialise the magnesium project, fund near-term development needs internally, and absorb operational shocks while pursuing scale.
Improving Cash GenerationThe shift to positive operating and free cash flow marks a structural move toward self-funded operations. Reliable cash generation reduces short-term external financing dependence, supports capex for project ramp-up, and improves the company's ability to execute growth plans over the next several quarters.
Emerging Revenue BaseThe emergence of a material revenue base indicates early commercial traction for the magnesium product. Revenue plus implied gross profitability creates a platform for operating leverage as volumes rise, improving the odds of moving from project stage to sustainable industrial-scale sales over time.
Bears Say
Persistent LossesSustained operating and net losses mean the business has not yet demonstrated profitability from operations. Continued negative margins pressure capital reserves, increase reliance on external funding, and create execution risk for scaling production and converting revenue growth into durable profits.
Negative Returns (ROE)Negative returns indicate the company has not converted invested capital into shareholder value. Even with equity growth, persistent negative ROE signals structural profitability issues and raises the bar for management to demonstrate that new capital will generate long-term economic returns.
Cash-flow VolatilityHigh variability in operating and free cash flow undermines predictability of funding for development and operations. Volatility increases the likelihood of periodic external financing, which can dilute shareholders or disrupt project timelines and complicate multi-quarter planning for scaling production.
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$56.32M.
When is Latrobe Magnesium Limited’s upcoming earnings report date?
Latrobe Magnesium Limited’s upcoming earnings report date is Oct 05, 2026 which is in 136 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 Undervalued.
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 3,129,136,700 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
Outperform
1
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3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
AU$0.06 (200.00% Upside)
AU$0.06 (200.00% Upside)
Blogger Sentiment
Bullish
AU:LMG Sentiment 100%
Sector Average ―
Sector Average ―
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
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.
LMG Stock 12 Month Forecast
Average Price Target
AU$0.06
▲(200.00% Upside)
Technical Analysis
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Options Prices
Currently, No data available
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