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Lunnon Metals Limited
(Sydney:LM8)
Lunnon Metals Limited (LM8) vs. iShares MSCI Australia ETF (EWA)
Lunnon Metals Limited Business Overview & Revenue Model
Lunnon Metals Limited Financial Statement Overview
| Breakdown | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 1.55K | 7.50K | 660.00 | 0.00 | 0.00 |
| Gross Profit | -151.02K | -129.51K | -101.54K | -17.92K | 0.00 |
| EBITDA | -12.51M | -17.59M | -6.54M | -2.49M | -22.08K |
| Net Income | -24.11M | -17.74M | -6.65M | -2.53M | -1.45M |
Balance Sheet | |||||
| Total Assets | 47.15M | 54.35M | 52.23M | 28.03M | 918.06K |
| Cash, Cash Equivalents and Short-Term Investments | 22.01M | 19.70M | 32.87M | 13.96M | 794.33K |
| Total Debt | 82.17K | 125.31K | 33.62K | 52.51K | 3.83M |
| Total Liabilities | 790.22K | 2.49M | 2.59M | 689.59K | 3.88M |
| Stockholders Equity | 46.36M | 51.86M | 49.65M | 27.34M | -2.96M |
Cash Flow | |||||
| Free Cash Flow | -15.19M | -13.88M | -9.20M | -2.16M | -1.44M |
| Operating Cash Flow | -11.29M | -7.37M | -5.86M | -2.01M | -1.44M |
| Investing Cash Flow | -3.85M | -6.57M | -3.66M | -147.13K | 0.00 |
| Financing Cash Flow | 17.50M | 605.30K | 28.43M | 15.33M | 0.00 |
Lunnon Metals Limited Technical Analysis
Lunnon Metals Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | ¥180.40B | 11.21 | 6.29% | 3.20% | 3.88% | 3.23% | |
44 Neutral | AU$1.39M | ― | -7.86% | ― | ― | 37.50% | |
43 Neutral | ― | -35.49% | ― | ― | 32.85% | ||
41 Neutral | AU$1.95M | ― | -94.58% | ― | ― | 15.56% | |
34 Underperform | AU$2.35M | ― | -48.57% | ― | ― | 73.13% | |
31 Underperform | AU$2.85M | ― | -66.25% | ― | ― | -80.00% | |
25 Underperform | AU$2.08M | ― | -20.32% | ― | ― | 90.91% |
Lunnon Metals Limited Corporate Events
Lunnon Metals Limited announced significant progress in their June 2025 quarterly activities, highlighting the first-time gold Mineral Resource estimate at Lady Herial and robust financial outcomes from the scoping study. The company is negotiating with Gold Fields Ltd for processing agreements and continues to explore promising prospects like the Foster Gold Belt, supported by a strong cash balance of $15.4 million, ensuring ongoing exploration and development efforts.
The most recent analyst rating on (AU:LM8) stock is a Buy with a A$0.60 price target. To see the full list of analyst forecasts on Lunnon Metals Limited stock, see the AU:LM8 Stock Forecast page.
Lunnon Metals Limited announced that its Managing Director, Edmund Ainscough, will present at the Noosa Mining Conference. This presentation is expected to highlight the company’s strategic initiatives and growth prospects, potentially impacting its market positioning and offering insights to stakeholders about future developments.
The most recent analyst rating on (AU:LM8) stock is a Buy with a A$0.60 price target. To see the full list of analyst forecasts on Lunnon Metals Limited stock, see the AU:LM8 Stock Forecast page.
Lunnon Metals Limited has completed a Scoping Study for its Baker and Foster nickel sulphide projects, indicating potential economic viability despite current market challenges. The study suggests sequential mining of Baker and Foster, with Baker showing stronger economic potential even at prevailing nickel prices. However, due to uncertainties in the nickel sector and processing arrangements, the study remains at the Scoping level, and further evaluation is needed before confirming an economic development case.
The most recent analyst rating on (AU:LM8) stock is a Buy with a A$0.60 price target. To see the full list of analyst forecasts on Lunnon Metals Limited stock, see the AU:LM8 Stock Forecast page.
Lunnon Metals Limited has commenced a 90-day exclusivity period to negotiate a sale and purchase agreement with St Ives Gold Mining Co. Pty Ltd, a subsidiary of Gold Fields Ltd, for processing the Lady Herial gold deposit. The Scoping Study indicates promising financial returns from mining the deposit, and the agreement could enhance Lunnon Metals’ position in the gold market, leveraging the nearby SIGM processing plant and current high gold prices.
The most recent analyst rating on (AU:LM8) stock is a Buy with a A$0.60 price target. To see the full list of analyst forecasts on Lunnon Metals Limited stock, see the AU:LM8 Stock Forecast page.
Lunnon Metals Limited has released an investor presentation for the Lady Herial Scoping Study, which will be utilized by the Managing Director in discussions with investors, brokers, and analysts. This development is part of the company’s strategic efforts to enhance its market presence and operational efficiency, potentially impacting its positioning in the mining sector.
The most recent analyst rating on (AU:LM8) stock is a Buy with a A$0.60 price target. To see the full list of analyst forecasts on Lunnon Metals Limited stock, see the AU:LM8 Stock Forecast page.
Lunnon Metals Limited has completed a Scoping Study for the Lady Herial gold deposit, revealing a short-mine life, high-grade open pit opportunity with robust economic potential. The study, based on a high percentage of Measured and Indicated Resources, suggests significant pre-tax cash flow, although commercial agreements for processing are still pending, which may affect the project’s economic viability.
The most recent analyst rating on (AU:LM8) stock is a Buy with a A$0.60 price target. To see the full list of analyst forecasts on Lunnon Metals Limited stock, see the AU:LM8 Stock Forecast page.
Lunnon Metals Limited announced promising results from its surface exploration programs at the Foster-Baker project, particularly at the Halloween and Guiding Star prospects. The discovery of high-grade gold mineralization and a potential paleochannel at Halloween, along with significant drilling results at Guiding Star, suggests strong potential for future gold discoveries. These findings enhance the understanding of historical data and indicate a high-grade component at Guiding Star that previous drilling may have missed. The company plans to continue exploration and integrate these findings with other targets in the Foster Gold Belt, while advancing permitting for the Lady Herial Mineral Resource.
The most recent analyst rating on (AU:LM8) stock is a Buy with a A$0.60 price target. To see the full list of analyst forecasts on Lunnon Metals Limited stock, see the AU:LM8 Stock Forecast page.
Lunnon Metals Limited announced promising results from surface exploration at its Hustler and Koombana prospects, part of the Kambalda Gold & Nickel Project. High-grade gold assays were identified, suggesting potential new discoveries akin to the company’s Lady Herial resource. The identification of a new linking structure at Hustler and the confirmation of high-grade mineralization at Koombana enhance the prospects’ potential, supporting further drilling plans. These developments could significantly impact Lunnon Metals’ resource growth and future production capabilities, offering potential benefits for stakeholders.
The most recent analyst rating on (AU:LM8) stock is a Buy with a A$0.60 price target. To see the full list of analyst forecasts on Lunnon Metals Limited stock, see the AU:LM8 Stock Forecast page.
Lunnon Metals Limited announced the discovery of a new gold structure during a sterilisation drilling program near its Lady Herial gold deposit at the Kambalda Gold & Nickel Project. The drilling revealed significant gold mineralisation, suggesting potential for further exploration and development in the area, which could enhance the company’s positioning in the gold market. The discovery supports the presence of stacked gold structures in the Foster Gold Belt, and the company plans to adjust its infrastructure placement to accommodate potential open pit mining operations.
The most recent analyst rating on (AU:LM8) stock is a Buy with a A$0.60 price target. To see the full list of analyst forecasts on Lunnon Metals Limited stock, see the AU:LM8 Stock Forecast page.
Lunnon Metals Limited has secured a Western Australian government grant to explore a promising gold target at the Foster-Baker site. The grant supports drilling efforts to test a 600-meter magnetic anomaly, known as the Plentiful Dolerite, which could potentially host significant gold mineralization. This initiative aims to enhance the company’s gold exploration credentials and could lead to substantial discoveries, further solidifying Lunnon Metals’ position in the gold mining sector.
The most recent analyst rating on (AU:LM8) stock is a Buy with a A$0.60 price target. To see the full list of analyst forecasts on Lunnon Metals Limited stock, see the AU:LM8 Stock Forecast page.
Lunnon Metals Limited has announced significant findings from its drilling program at the Defiance West target within the Kambalda Gold & Nickel Project. The results confirm the presence of two substantial gold structures, with assays showing notable gold intercepts. This discovery, supported by the Western Australian Government’s Exploration Incentive Scheme, opens up new opportunities for gold exploration in previously untested areas, potentially enhancing the company’s position in the gold mining sector.
The most recent analyst rating on (AU:LM8) stock is a Buy with a A$0.60 price target. To see the full list of analyst forecasts on Lunnon Metals Limited stock, see the AU:LM8 Stock Forecast page.
Lunnon Metals Limited has announced that its Managing Director, Edmund Ainscough, will present at the Shaw and Partners Gold Conference in Perth. This presentation is part of the company’s efforts to engage with investors and stakeholders, potentially impacting its market positioning and investor relations.