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Legacy Minerals Holdings Ltd.
(Sydney:LGM)
Legacy Minerals Holdings Ltd. (LGM) vs. iShares MSCI Australia ETF (EWA)
Legacy Minerals Holdings Ltd. Business Overview & Revenue Model
Legacy Minerals Holdings Ltd. Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 50.37K | 0.00 | 516.83K | 62.29K | 0.00 | 0.00 |
| Gross Profit | -153.70K | -153.70K | 516.83K | 19.87K | -30.44K | 0.00 |
| EBITDA | -1.93M | -1.93M | -412.71K | -904.35K | -2.04M | -851.59K |
| Net Income | -2.08M | -2.08M | -479.25K | -946.71K | -2.07M | -855.31K |
Balance Sheet | ||||||
| Total Assets | 14.01M | 14.01M | 8.83M | 5.74M | 5.12M | 1.29M |
| Cash, Cash Equivalents and Short-Term Investments | 5.36M | 5.36M | 3.01M | 1.62M | 2.77M | 752.82K |
| Total Debt | 66.70K | 66.70K | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 658.15K | 658.15K | 1.50M | 712.61K | 254.52K | 478.16K |
| Stockholders Equity | 13.35M | 13.35M | 7.33M | 5.03M | 4.86M | 810.46K |
Cash Flow | ||||||
| Free Cash Flow | -1.87M | -1.87M | -4.28M | -2.92M | -3.46M | -731.12K |
| Operating Cash Flow | -1.84M | -1.84M | -731.61K | -844.51K | -1.72M | -508.34K |
| Investing Cash Flow | -4.35M | -4.35M | -3.45M | -2.12M | -1.77M | -222.78K |
| Financing Cash Flow | 8.54M | 8.54M | 5.57M | 1.82M | 5.50M | 1.40M |
Legacy Minerals Holdings Ltd. Technical Analysis
Legacy Minerals Holdings Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
50 Neutral | AU$67.37M | -21.05 | -100.11% | ― | ― | -26.67% | |
49 Neutral | AU$70.03M | -6.78 | ― | ― | ― | -268.97% | |
47 Neutral | AU$37.91M | -12.93 | -20.13% | ― | ― | -241.18% | |
45 Neutral | AU$29.81M | -6.25 | -32.52% | ― | ― | ― | |
40 Underperform | AU$18.15M | -1.98 | -106.72% | ― | 90.14% | 52.54% | |
37 Underperform | AU$25.10M | -1.07 | ― | ― | 71.37% | 82.48% |
Legacy Minerals Holdings Ltd. Corporate Events
Legacy Minerals Holdings Ltd has notified the market that 401,833 LGMAH options, exercisable at $0.225 and due to expire on 23 December 2025, have lapsed because the conditions attached to these options were not met or have become incapable of being satisfied. The cessation of these options slightly reduces the company’s potential future share dilution and clarifies its capital structure for investors, but does not involve any new capital raising or change in operating activities.
Legacy Minerals Holdings Limited has issued 185,833 new fully paid ordinary shares following the exercise of listed options (ASX: LGMO) at an exercise and issue price of A$0.205 per share in two tranches on 17 and 22 December 2025. The company has confirmed that these shares were issued without a prospectus under the Corporations Act’s secondary trading provisions and that it remains compliant with its financial reporting and continuous disclosure obligations, signalling routine capital management with limited immediate impact on existing shareholders beyond minor dilution.
Legacy Minerals Holdings Limited has announced a change in the director’s interest, specifically involving securities held by Thomas Patrick Wall. This notice highlights updates in direct and indirect interests across various entities and trusts related to Mr. Wall, reflecting minor increases in shares and adjustments in listed options, which are integral pieces of the company’s broader financial structuring and governance transparency.
Legacy Minerals Holdings Limited has disclosed a change in the securities interests of its director, Matthew John Wall. This update, involving the exercise of options to acquire additional shares, slightly increases his financial stake and related holdings in the company. This development reflects the company’s ongoing updates to ensure transparency with its shareholders and improve visibility into leadership investments.
Legacy Minerals Holdings Ltd announced an application for the quotation of 19,166 fully paid ordinary shares on the Australian Securities Exchange (ASX). The new securities result from the exercise of options or conversion of other convertible securities, potentially enhancing the company’s equity market presence and stakeholder engagement.
Legacy Minerals Holdings Limited has announced a change in the director’s interest, specifically involving Christopher Gerard Byrne. The company reported that Mr. Byrne has acquired an additional 50,000 ordinary shares through an on-market purchase, increasing his total shareholding. This change reflects a strategic move by the director to increase his stake in the company, potentially indicating confidence in the company’s future performance and stability.
Legacy Minerals Holdings Ltd. announced a change in the director’s interest, specifically involving Matthew John Wall, who has both direct and indirect interests in various trusts and entities. The change involved the acquisition of 11,000 ordinary fully paid shares at $0.21 each through an on-market purchase, increasing the total number of shares held by related entities to 13,057,592. This acquisition reflects a strategic move by the director, potentially indicating confidence in the company’s future performance.
Legacy Minerals Holdings Limited has announced a change in the director’s interest, specifically involving Thomas Patrick Wall. The change reflects an acquisition of 11,000 ordinary fully paid shares at a value of $0.21 each, increasing his total holdings to 13,057,592 shares. This adjustment in holdings indicates a strategic move by the director, potentially signaling confidence in the company’s future prospects. Such changes can impact stakeholder perceptions and influence the company’s market positioning.
Legacy Minerals Holdings Ltd announced the upcoming expiry of its listed options on January 22, 2026, with the official quotation ceasing on January 16, 2026. This notification is part of the company’s compliance with ASX Listing Rules and may impact stakeholders holding these options, as it marks a significant date for the company’s financial operations.
Legacy Minerals Holdings Ltd has identified new silver targets and received drilling approvals at its Mt Carrington Project, which could significantly expand the existing gold-silver resource of 115Moz Ag-Equivalent. The company is advancing its exploration efforts with a 3,500-meter drilling program at the White Rock Prospect, aiming to explore untested zones that may extend the mineralized footprint. This development is part of Legacy Minerals’ dual-track strategy to enhance resource growth and technical advancement, supported by ongoing drilling at other prospects and a progressing scoping study by Ausenco.
Legacy Minerals Holdings Ltd. has announced the issuance of 62,499 new fully paid ordinary shares following the exercise of listed options at an issue price of A$0.205 per share. This move is part of the company’s strategic financial operations, potentially enhancing its capital structure and market positioning, while complying with relevant sections of the Corporations Act.
Legacy Minerals Holdings Ltd successfully held its Annual General Meeting, where all proposed resolutions were passed by a poll. The approval of key resolutions, including the adoption of the Remuneration Report, re-election of a director, and approval of a 10% placement facility, indicates strong shareholder support and positions the company for continued growth and strategic development.
Legacy Minerals Holdings Ltd. has released a presentation for its 2025 Annual General Meeting, highlighting its ongoing exploration activities and results. The company emphasizes its commitment to mineral discovery and development, while acknowledging the uncertainties and risks inherent in the mining sector. The presentation reiterates previous exploration results and confirms no significant changes in assumptions or technical parameters. This announcement underscores Legacy Minerals’ strategic focus on advancing its exploration projects, which could impact its market positioning and stakeholder interests.
Legacy Minerals Holdings Ltd. has announced significant advancements in its joint venture arrangements and exploration projects. The company has expanded its partnership with Rio Tinto Exploration Pty Limited for the Thomson Project and is exploring collaboration with Cobalt Blue Holdings for its NiCo Young cobalt-nickel project. Additionally, Legacy Minerals has retained its Bauloora Project and is focusing on the Mt Carrington Project, with a new drilling program and updated resource estimates. These developments are expected to enhance the company’s exploration strategy and potential profitability, while record prices for its primary commodities could positively impact its financial performance.
Legacy Minerals Holdings Ltd. has provided an update on its exploration activities across several partnered projects, highlighting significant progress and strategic partnerships. The company announced the commencement of a geophysical program at the Thomson Project with Rio Tinto Exploration, aimed at identifying potential sulphide-rich zones. Additionally, Earth AI has achieved Stage 1 earn-in at the Fontenoy Project, with plans to increase its stake by further investment and drilling. The company’s ongoing partnerships and exploration efforts underscore its commitment to unlocking value and advancing its portfolio, with promising results anticipated in the coming years.
Legacy Minerals Holdings Ltd. has announced the commencement of an Expanded Stage 2 Scoping Study for its Mt Carrington Gold-Silver Project, following a positive Metallurgical Bridging Study. The study, conducted by Ausenco Pty Ltd, aims to evaluate the entire 1.2Moz gold-equivalent resource and optimize flotation processing to improve recoveries from polymetallic deposits. This development is expected to enhance the project’s economic viability, leveraging existing infrastructure and historical investments. The study’s outcomes could position Mt Carrington as a lower-risk, higher-value mining opportunity, benefiting shareholders and advancing the project towards modern mining operations.
Legacy Minerals Holdings Limited has announced a change in the director’s interest notice, specifically for Director Matthew John Wall. The change involves an off-market transfer of shares and options between entities related to Mr. Wall, including family trusts and superannuation funds, without altering the overall relevant interest. This announcement reflects internal adjustments in shareholding structures, potentially affecting the company’s governance dynamics but not its market positioning.
Legacy Minerals Holdings Limited announced a change in the director’s interest, specifically regarding Thomas Patrick Wall. The notice details changes in his direct and indirect holdings, including shares and options across various family trusts and superannuation funds. This adjustment in holdings is part of routine disclosures required by ASX listing rules, ensuring transparency and compliance with corporate governance standards.
Legacy Minerals Holdings Ltd. has issued an addendum to its Notice of Annual General Meeting, correcting a table of equity securities. The meeting remains scheduled for November 25, 2025, in Sydney. The addendum is available online, reflecting a shift towards electronic communication with shareholders, which may streamline access and reduce costs.
Legacy Minerals Holdings Ltd. has announced its upcoming Annual General Meeting, scheduled for November 25, 2025, to be held in person in Sydney. Shareholders are encouraged to submit their proxies early and can access all meeting materials electronically through the company’s website or ASX market announcements platform.
Legacy Minerals Holdings Ltd. announced the issuance of 10,951 new fully paid ordinary shares following the exercise of listed options. This move reflects the company’s compliance with relevant provisions of the Corporations Act, indicating a strategic step in its financial management and potential growth trajectory.
Legacy Minerals Holdings Ltd. has announced the issuance of 10,951 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX). This move is part of the company’s strategy to leverage convertible securities, potentially enhancing its financial flexibility and market presence.
Legacy Minerals Holdings Ltd has been awarded two grants by the NSW Government under the Critical Minerals & High-Tech Metals Exploration Program. These grants, totaling $53,000, will support geochemical and geophysical exploration at the Thomson and Rockley Projects. The Thomson Project, which has a joint venture option with Rio Tinto, is considered a flagship discovery target with potential for major copper-gold systems. The Rockley Project, located within a highly prospective volcanic arc, shows significant copper-gold anomalies and remains largely untested. The grants underscore the strategic importance of mineral exploration in NSW, aiding Legacy Minerals in advancing their exploration strategy and potentially enhancing their industry positioning.
Legacy Minerals Holdings Ltd. has retained full ownership of the Bauloora Gold-Silver Project in New South Wales after Newmont Exploration Pty Ltd. opted out of a farm-in agreement. Additionally, the company has secured the high-grade Mt Terrible Gold-Copper Project, enhancing its portfolio amid record gold and silver prices. These developments are part of Legacy Minerals’ strategy to strengthen its position in the precious metals market and provide significant discovery exposure to shareholders. The company plans to focus on the exploration and development of these assets, alongside the Mt Carrington Project, to realize value and continue its track record of successful partnerships, such as the recent deal with Rio Tinto.
Legacy Minerals Holdings Ltd. has announced its strategic plan to unlock value from the Mt Carrington Project, which holds an estimated 1.2 million ounces of gold equivalent. The company is pursuing a dual-track approach to create near-term value through joint venture-funded exploration, potentially enhancing its position in the mining sector and offering significant upside for stakeholders.
Legacy Minerals Holdings Ltd has announced the commencement of exploration activities at the NiCo Young Project and has signed a Memorandum of Understanding with Cobalt Blue Holdings. The NiCo Young Project, located in New South Wales, is one of Australia’s largest nickel and cobalt deposits. The company aims to explore the scandium potential of the deposit, which includes a historical scandium resource. The partnership with Cobalt Blue, known for its expertise in cobalt refining, is a strategic move to assess potential commercial pathways for the nickel-cobalt resources. This collaboration aligns with Australia’s Critical Minerals Strategy and aims to contribute to the country’s ambitions for a future made in Australia.
Legacy Minerals Holdings Ltd has entered into a significant farm-in and joint venture option agreement with Rio Tinto Exploration Pty Limited, allowing Rio Tinto to earn up to an 80% interest in Legacy’s Thomson Project by funding up to $25 million in exploration. This partnership is expected to accelerate the discovery process at the Thomson Project, leveraging Rio Tinto’s expertise in intrusion-related copper-gold systems and potentially delivering substantial value to Legacy Minerals’ shareholders. The agreement underscores Legacy Minerals’ strategic capability in securing partnerships with major industry players and highlights the potential of the Thomson Project to host world-class mineral systems.
Legacy Minerals Holdings Ltd. has announced that Helix Resources Limited has withdrawn from the Central Cobar Farm-In, resulting in Legacy Minerals retaining full ownership of the Central Cobar Project. This development allows Legacy Minerals to capitalize on the opportunities within the Cobar Basin, a region noted for its potential in mineral discovery and development, enhancing the company’s strategic position in the industry.
Legacy Minerals Holdings Ltd. has received approvals for new drilling operations at its Mt Carrington Project, targeting high-grade silver, gold, and copper deposits. The drilling will focus on the Mascotte and Battery Prospects, with the potential to uncover significant mineral resources. The initiative is part of a broader strategy to enhance the company’s resource base and leverage new geophysical data, potentially impacting its market position and offering promising opportunities for stakeholders.
Legacy Minerals Holdings Ltd. has released its 2025 Corporate Governance Statement and Appendix 4G, confirming compliance with the ASX Corporate Governance Council’s Principles and Recommendations. The statement, approved by the board, outlines the company’s governance practices and any deviations from standard guidelines, reflecting its commitment to maintaining transparency and accountability in its operations.
Legacy Minerals Holdings Limited has released its annual report for the year ending June 30, 2025. The report provides insights into the company’s financial performance and strategic direction, although specific details about the company’s operations, industry positioning, or implications for stakeholders are not provided in the release.