Lunnon Metals Limited (AU:LM8)
ASX:LM8
LM8 Stock Chart & Stats
AU$0.34
AU$0.01(5.00%)
At close: 4:00 PM EST
AU$0.34
AU$0.01(5.00%)
Day’s Range― - ―
52-Week RangeAU$0.17 - AU$0.51
Previous CloseN/A
Volume1.16K
Average Volume (3M)299.88K
Market Cap
AU$75.94M
Enterprise ValueAU$66.08M
Total Cash (Recent Filing)AU$9.86M
Total Debt (Recent Filing)AU$8.85K
Price to Earnings (P/E)―
Beta0.92
Next Earnings
Sep 18, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.02
Shares Outstanding223,338,940
10 Day Avg. Volume173,444
30 Day Avg. Volume299,879
Financial Highlights & Ratios
PEG Ratio0.09
Price to Book (P/B)1.58
Price to Sales (P/S)0.00
P/FCF Ratio-8.19
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$0.92Price Target Upside170.59% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)0.22
Revenue Forecast (FY)AU$111.12M
Bulls Say, Bears Say
Bulls Say
Low Leverage / Strong Balance SheetExtremely low reported debt and an equity-funded asset base provide structural financial flexibility for an exploration company. This reduces near-term solvency risk, allows Lunnon Metals to sustain multi-stage exploration programs, and improves its ability to wait for farm-outs or staged transactions rather than being forced into distress financings.
Focused Nickel Portfolio (Kambalda Region)Concentrated project focus in a defined nickel district concentrates technical knowledge and target generation, increasing odds of actionable drill success versus widely dispersed assets. A coherent regional strategy helps attract JV partners and farm-in interest, supporting durable deal-flow options for asset monetisation or joint development.
Narrowing Net Loss TrendA materially smaller reported net loss year-over-year signals improved cost discipline or program optimisation. For an exploration-stage firm, a sustained reduction in losses can extend runway between raises, reduce dilution risk and demonstrate management can scale activity to funding availability while still advancing targets.
Bears Say
No Meaningful Operating RevenueWith essentially no operating revenue, Lunnon Metals cannot self-fund exploration from operating cash flow and remains wholly dependent on capital or asset transactions. This structural absence of revenue prolongs the path to self-sustaining operations and keeps commercial viability contingent on successful discovery or partnering outcomes.
Sustained Negative Cash FlowPersistent negative operating and free cash flow shows the company is consuming cash to fund exploration. Continued multi-year cash burn increases the probability of future financing needs, constrains the pace of resource definition, and can force timing or scope changes to programs if capital markets are unavailable or expensive.
Reliance On Capital Markets And Equity Erosion RiskThe business model depends on external capital and asset transactions rather than operating cash flow. Reported equity erosion across recent years signals a recurring need to refresh funding, which raises structural dilution risk for shareholders and could pressure management toward asset sales or highly dilutive raises during adverse financing windows.
Lunnon Metals Limited News
LM8 FAQ
What was Lunnon Metals Limited’s price range in the past 12 months?
Lunnon Metals Limited lowest share price was AU$0.17 and its highest was AU$0.51 in the past 12 months.
What is Lunnon Metals Limited’s market cap?
Lunnon Metals Limited’s market cap is AU$75.94M.
When is Lunnon Metals Limited’s upcoming earnings report date?
Lunnon Metals Limited’s upcoming earnings report date is Sep 18, 2026 which is in 164 days.
How were Lunnon Metals Limited’s earnings last quarter?
Lunnon Metals Limited released its earnings results on Mar 10, 2026. The company reported -AU$0.024 earnings per share for the quarter, missing the consensus estimate of N/A by -AU$0.024.
Is Lunnon Metals Limited overvalued?
According to Wall Street analysts Lunnon Metals Limited’s price is currently Undervalued.
Does Lunnon Metals Limited pay dividends?
Lunnon Metals Limited does not currently pay dividends.
What is Lunnon Metals Limited’s EPS estimate?
Lunnon Metals Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Lunnon Metals Limited have?
Lunnon Metals Limited has 223,338,940 shares outstanding.
What happened to Lunnon Metals Limited’s price movement after its last earnings report?
Lunnon Metals Limited reported an EPS of -AU$0.024 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -0.714%.
Which hedge fund is a major shareholder of Lunnon Metals Limited?
Currently, no hedge funds are holding shares in AU:LM8
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
Lunnon Metals Limited Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
AU$0.92 (170.59% Upside)
AU$0.92 (170.59% Upside)
Blogger Sentiment
Bullish
AU:LM8 Sentiment 100%
Sector Average 67%
Sector Average 67%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
9.52%
12-Months-Change
Fundamentals
Return on Equity
-32.89%
Trailing 12-Months
Asset Growth
-25.20%
Trailing 12-Months
Company Description
Lunnon Metals Limited
Lunnon Metals Limited focuses on the exploration and development of nickel and gold in Australia. It holds 100% interest in the Kambalda Nickel project, which comprises 19 contiguous mining tenements and area covering 23 square kilometers located within the Kambalda Nickel District, Eastern Goldfields, Western Australia. The company was formerly known as ACH Nickel Pty Ltd and changed its name to Lunnon Metals Limited in February 2021. Lunnon Metals Limited was incorporated in 2014 and is based in West Perth, Australia.
LM8 Stock 12 Month Forecast
Average Price Target
AU$0.92
▲(170.59% Upside)
Technical Analysis
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Options Prices
Currently, No data available
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