Legend Mining Limited (LEG) AI Stock Analysis

• Market Cap: AU$23.32M
• Dividend Yield: N/A
• Average Volume (3M): 702.70K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.98
• Revenue Growth: N/A
• EPS Growth: 60.00%
• Country: AU
• Employees: 8
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 2,914,477,300
• 10 Day Avg. Volume: 1,543,504
• 30 Day Avg. Volume: 702,704
• PEG Ratio: -1.13
• Price to Book (P/B): 0.71
• Price to Sales (P/S): 6260.86
• P/FCF Ratio: -50.08
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 41 Neutral
• Price Target: ―

Legend Mining Limited's stock is under significant pressure due to poor financial performance characterized by ongoing losses and negative cash flows. The absence of technical and valuation attractiveness further contributes to a low overall score. The company's challenges in profitability and liquidity are the most significant factors impacting the stock's prospects.

Positive Factors

Strategic Project Acquisition

The acquisition of the Pinnacle Well Project enhances Legend Mining's exploration footprint and potential resource base, strengthening its position in the mining sector.

Promising Exploration Findings

The discovery of gold and base metal anomalies at Pinnacle Well Project indicates potential for valuable mineral deposits, supporting long-term growth prospects.

Diversification into Gold Sector

Diversifying into the gold sector through the Pinnacle Well acquisition could provide new revenue streams and reduce dependency on existing projects.

Negative Factors

Negative Cash Flow

Persistent negative cash flow indicates challenges in generating sufficient operational cash, potentially leading to liquidity issues and reliance on external financing.

Ongoing Losses

Continuous losses and negative profit margins highlight operational inefficiencies, impacting the company's ability to achieve sustainable profitability.

Profitability Challenges

Challenges in achieving profitability and maintaining liquidity can hinder Legend Mining's financial health and limit its capacity to invest in growth opportunities.

Legend Mining Limited Business Overview & Revenue Model

Company Description

Legend Mining Limited (LEG) is a mineral exploration company based in Australia, primarily engaged in the discovery and development of high-quality mineral deposits. The company focuses on gold and nickel exploration, leveraging advanced geological techniques and a skilled team to identify potential mining projects. Legend Mining operates in key mineral-rich regions and aims to unlock the value of its exploration assets through strategic partnerships and targeted drilling programs.

How the Company Makes Money

Legend Mining generates revenue through the exploration and development of mineral properties, primarily by discovering valuable mineral deposits that can be monetized through mining operations or partnerships. The company typically raises funds through equity financing to support its exploration activities. Key revenue streams may include potential joint ventures with larger mining companies, where they collaborate on exploration projects, share resources, and split the profits from any successful mining operations. Additionally, if the company successfully identifies and delineates a commercially viable resource, it may also seek to sell the project to a larger mining entity, generating a significant one-time revenue influx.

Legend Mining Limited Financial Statement Overview

Summary

Legend Mining Limited's financial performance is concerning, with ongoing losses and negative cash flows. Despite a strong equity base, the company struggles with profitability and liquidity, which significantly impacts its financial health.

Income Statement

Legend Mining Limited's recent financials show a concerning trend in profitability metrics. The company has consistently reported negative EBIT and net income over the years, leading to negative profit margins. The revenue growth was volatile, with a significant drop in 2024 compared to previous years, indicating potential challenges in sustaining revenue streams. The negative EBIT and EBITDA margins further highlight ongoing operating inefficiencies.

Balance Sheet

The balance sheet reveals a relatively stable financial position with a high equity ratio, reflecting strong equity financing. However, the company's debt-to-equity ratio is low, indicating minimal reliance on debt. Despite this, the persistent negative net income over the years raises concerns about the company's ability to generate sufficient returns on equity.

Cash Flow

The cash flow analysis shows a consistent pattern of negative free cash flow, indicating challenges in generating cash from operations after capital expenditures. The operating cash flow to net income ratio is negatively impacted by ongoing losses, and the free cash flow to net income ratio remains unfavorable. These metrics suggest potential liquidity issues and the need for external financing to support operations.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	5.57K	5.57K	50.80K	13.07K	26.70K	21.38K
Gross Profit	-73.53K	-74.52K	50.80K	-66.21K	-51.59K	-39.17K
EBITDA	-1.61M	-5.44M	-5.33M	-898.00K	-53.77K	-780.00K
Net Income	-3.58M	-5.25M	-5.02M	-1.49M	-66.18K	-1.06M
Balance Sheet
Total Assets	46.46M	49.55M	55.22M	64.29M	63.54M	56.14M
Cash, Cash Equivalents and Short-Term Investments	11.74M	11.20M	11.53M	12.71M	18.26M	25.24M
Total Debt	159.94K	73.88K	110.10K	63.74K	106.63K	55.73K
Total Liabilities	709.64K	748.49K	1.28M	12.13M	10.12M	6.28M
Stockholders Equity	45.75M	48.80M	53.94M	52.16M	53.42M	49.86M
Cash Flow
Free Cash Flow	-299.26K	-696.75K	-6.88M	-8.39M	-13.33M	-10.74M
Operating Cash Flow	-855.73K	-696.75K	-775.71K	-471.78K	222.57K	110.21K
Investing Cash Flow	-376.78K	370.86K	-6.10M	-4.98M	-10.17M	-10.77M
Financing Cash Flow	-100.25K	-99.15K	5.69M	-94.40K	3.02M	25.72M

Legend Mining Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
REE	52 Neutral	AU$29.45M	―	-84.97%	―	-100.00%	8.51%
LEG	41 Neutral	AU$23.32M	-8.33	-7.55%	―	―	60.00%
SUH	40 Underperform	AU$30.19M	-10.79	-108.41%	―	―	36.67%
COD	39 Underperform	AU$37.99M	―	-19.61%	―	―	42.65%
GBE	37 Underperform	€42.41M	-10.42	-10.78%	―	―	11.11%

Legend Mining Limited Corporate Events

Legend Mining Expands Pinnacle Well Project with Strategic Acquisitions

Legend Mining Limited has expanded its Pinnacle Well Project by acquiring 100% interests in two exploration licenses, E37/1235 and E37/1417, and securing a Right of First Refusal over seven additional tenements in the Linger and Die Goldfield. This strategic acquisition enhances the project’s prospectivity and secures future exploration rights, potentially boosting Legend’s position in the Western Australian mining sector.

Legend Mining Limited Reports Quarterly Cash Flow with Focus on Exploration

Legend Mining Limited reported its quarterly cash flow, highlighting a net cash outflow from operating activities of $161,000, primarily due to administration and corporate costs. The company also experienced cash outflows from investing activities, totaling $478,000, mainly attributed to exploration and evaluation expenditures. Overall, the financial report indicates a decrease in cash and cash equivalents, reflecting ongoing investments in exploration and operational expenses.

Legend Mining Advances Pinnacle Well Project and Explores New Opportunities

Legend Mining Limited announced the settlement of the Pinnacle Well Project, where it has conducted extensive reviews of exploration data and plans to carry out further soil sampling and geophysical surveys. The company also continued negotiations for land access at Rockford and assessed new project opportunities to align with its corporate and technical strengths, following the termination of the IGO JV.

Legend Mining Limited Releases 2025 Half-Year Report

Legend Mining Limited, an exploration company listed on the Australian Securities Exchange under the code LEG, has released its half-year report for 2025. The report includes financial statements and a directors’ report, highlighting the company’s ongoing activities and financial performance. The release provides stakeholders with insights into Legend Mining’s operational status and financial health as of June 30, 2025.