Legacy Minerals Holdings Ltd. (AU:LGM)
ASX:LGM
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Legacy Minerals Holdings Ltd.
(Sydney:LGM)
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Rating:44Neutral
Price Target:
AU$0.15
▼(-27.00% Downside)
Action:ReiteratedDate:05/05/26
The score is held down primarily by weak financial performance—persistent losses, inconsistent revenue, and ongoing cash burn—despite a low-debt balance sheet. Technicals are also soft with the price below major moving averages and muted momentum, while valuation is difficult to support due to negative earnings and no dividend data.
Positive Factors
Very low leverage / solvency
Persistent low leverage is a durable structural strength: minimal debt reduces near-term solvency risk and gives management flexibility to raise or allocate capital without immediate refinancing pressure. This conserves optionality for funding exploration or strategic moves over months.
Negative Factors
Persistent losses
Consistent historical losses indicate the business has not yet established profitable operations or scalable margins. Over months this erodes equity returns, constrains reinvestment capacity, and increases reliance on new capital raises, weakening long-term value creation prospects.
Read all positive and negative factors
Positive Factors
Negative Factors
Very low leverage / solvency
Persistent low leverage is a durable structural strength: minimal debt reduces near-term solvency risk and gives management flexibility to raise or allocate capital without immediate refinancing pressure. This conserves optionality for funding exploration or strategic moves over months.
Read all positive factors
Legacy Minerals Holdings Ltd. (LGM) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$29.02M
Dividend YieldN/A
Average Volume (3M)679.69K
Price to Earnings (P/E)―
Beta (1Y)-0.57
Revenue GrowthN/A
EPS Growth3.73%
CountryAU
Employees9
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.01
Shares Outstanding200,115,230
10 Day Avg. Volume731,805
30 Day Avg. Volume679,693
Financial Highlights & Ratios
PEG Ratio-0.04
Price to Book (P/B)1.48
Price to Sales (P/S)0.00
P/FCF Ratio-10.52
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
Legacy Minerals Holdings Ltd. Business Overview & Revenue Model
Company Description
Legacy Minerals Holdings Limited engages in the acquisition and exploration of gold and copper projects. The company owns granted and pending exploration license applications comprising five projects that covers an area of 1,528km2 located in the ...
How the Company Makes Money
null...
Legacy Minerals Holdings Ltd. Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
63
Positive
Cash Flow
24
Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 516.83K | 62.29K | 0.00 | 0.00 |
| Gross Profit | -165.03K | -153.70K | 516.83K | 19.87K | -30.44K | 0.00 |
| EBITDA | -1.79M | -1.93M | -412.71K | -904.35K | -2.04M | -851.59K |
| Net Income | -1.89M | -2.08M | -479.25K | -946.71K | -2.07M | -855.31K |
Balance Sheet | ||||||
| Total Assets | 15.99M | 14.01M | 8.83M | 5.74M | 5.12M | 1.29M |
| Cash, Cash Equivalents and Short-Term Investments | 5.30M | 5.36M | 3.01M | 1.62M | 2.77M | 752.82K |
| Total Debt | 66.16K | 66.70K | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 1.41M | 658.15K | 1.50M | 712.61K | 254.52K | 478.16K |
| Stockholders Equity | 14.59M | 13.35M | 7.33M | 5.03M | 4.86M | 810.46K |
Cash Flow | ||||||
| Free Cash Flow | -1.70M | -1.87M | -4.28M | -2.92M | -3.46M | -731.12K |
| Operating Cash Flow | -1.53M | -1.84M | -731.61K | -844.51K | -1.72M | -508.34K |
| Investing Cash Flow | -3.93M | -4.35M | -3.45M | -2.12M | -1.77M | -222.78K |
| Financing Cash Flow | 7.59M | 8.54M | 5.57M | 1.82M | 5.50M | 1.40M |
Legacy Minerals Holdings Ltd. Technical Analysis
Negative
0.20
Price Trends
0.18
Negative
0.19
Negative
0.20
Negative
Market Momentum
<0.01
Negative
49.88
Neutral
41.67
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:LGM, the sentiment is Negative. The current price of 0.2 is above the 20-day moving average (MA) of 0.16, above the 50-day MA of 0.18, and above the 200-day MA of 0.20, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 49.88 is Neutral, neither overbought nor oversold. The STOCH value of 41.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:LGM.
Legacy Minerals Holdings Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
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% | |
47 Neutral | AU$25.10M | -15.03 | 74.51% | ― | 139.07% | 99.73% | |
45 Neutral | AU$34.07M | -3.48 | -9.90% | ― | ― | 81.82% | |
44 Neutral | AU$29.02M | -10.66 | -13.50% | ― | ― | 3.73% | |
42 Neutral | AU$43.38M | -13.00 | -71.61% | ― | ― | 11.76% | |
41 Neutral | AU$65.58M | -7.36 | -2.83% | ― | ― | 36.46% | |
40 Underperform | AU$17.45M | -1.51 | -104.39% | ― | 203.53% | 10.19% |
* Basic Materials Sector Average
AU:LGM
Legacy Minerals Holdings Ltd.
0.15
-0.07
-32.56%
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0.01
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WA Kaolin Ltd.
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Legacy Minerals Holdings Ltd. Corporate Events
Legacy Minerals hits new gold and copper zones at Mt Carrington ahead of key scoping study
Apr 30, 2026
Legacy Minerals reported a strong March quarter as drilling at its Mt Carrington Project in New South Wales delivered a new gold discovery at the Mascotte prospect and promising copper mineralisation at the Battery prospect. Initial diamond drilli...
Legacy Minerals delays Mt Carrington study to refine project economics
Apr 30, 2026
Legacy Minerals has delayed the release of its Stage 2 Scoping Study for the Mt Carrington gold-silver project in New South Wales to the first week of May 2026, after Ausenco identified potential enhancements to the project. The study incorporates...
Legacy Minerals, CSIRO Launch Advanced Study to Refine Targeting at Mt Carrington
Apr 22, 2026
Legacy Minerals has entered a research collaboration with Australia’s national science agency, CSIRO, supported by a $196,000 Kick-Start grant to advance mineralogical studies at its Mt Carrington Project in New South Wales. The partnership ...
Legacy Minerals addresses ASX query over share price surge and pending assay results
Apr 2, 2026
Legacy Minerals has responded to an ASX price and volume query after its shares climbed from A$0.145 to A$0.195 amid a spike in trading, stating it is not aware of any undisclosed information that would explain the move. The company confirmed it h...
Legacy Minerals Halts ASX Trading Pending Response to Price Query
Apr 2, 2026
Legacy Minerals Holdings Ltd. has requested and received a trading halt on its ordinary fully paid shares on the ASX, as the company prepares a response to a price query from the exchange. Trading in LGM securities will remain paused until either ...
Legacy Minerals Reaffirms NSW Exploration Results and JORC-Compliant Reporting
Mar 24, 2026
Legacy Minerals Holdings Ltd. has released a presentation outlining its exploration activities and mineral resource work across gold, silver and copper projects in New South Wales, Australia. The document reiterates previously reported exploration...
Legacy Minerals Unveils New Greenfields Gold Discovery at Mt Carrington
Mar 18, 2026
Legacy Minerals has reported a new greenfields gold discovery at the Mascotte prospect within its Mt Carrington project in New South Wales, following the first ever diamond drill hole beneath a 1.3km line of historical workings. The maiden hole in...
Legacy Minerals outlines corporate structure in interim report
Mar 13, 2026
Legacy Minerals Holdings Limited has released its interim financial report for the period ended 31 December 2025, outlining its current corporate structure and governance arrangements. The report highlights the company’s board composition, k...
Legacy Minerals Reaffirms JORC-Compliant NSW Exploration Data
Feb 10, 2026
Legacy Minerals Holdings has released a presentation outlining its gold, silver and copper exploration activities in New South Wales, Australia, reiterating that its current results and project data are drawn from previously disclosed prospectus m...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.