Latrobe Magnesium Limited (AU:LMG)
ASX:LMG
LMG Stock Chart & Stats
AU$0.02
>-AU$0.01(-5.00%)
At close: 4:00 PM EST
AU$0.02
>-AU$0.01(-5.00%)
Day’s Range― - ―
52-Week Range<AU$0.01 - AU$0.04
Previous CloseN/A
Volume317.21K
Average Volume (3M)2.92M
Market Cap
AU$59.43M
Enterprise ValueAU$44.73M
Total Cash (Recent Filing)AU$4.52M
Total Debt (Recent Filing)AU$3.18M
Price to Earnings (P/E)―
Beta1.32
Next Earnings
Sep 24, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding3,127,817,000
10 Day Avg. Volume3,294,508
30 Day Avg. Volume2,924,277
Financial Highlights & Ratios
PEG Ratio0.13
Price to Book (P/B)0.40
Price to Sales (P/S)7.09
P/FCF Ratio10.11
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
Bulls Say, Bears Say
Bulls Say
Waste-to-raw-material Business ModelLMG's core model converts industrial fly ash into magnesium metal, creating a structurally differentiated feedstock pathway. This reduces reliance on conventional ore supply, can lower long-run raw-material costs relative to standard routes, and aligns the business with circular-economy demand trends.
Improving Cash GenerationRecent consecutive positive operating cash flows and a swing to positive free cash flow in FY2025 indicate meaningful progress toward commercial cash generation. Sustained cash generation reduces refinancing needs and supports reinvestment into scale-up and production, improving medium-term project viability.
Stronger Balance Sheet And Lower LeverageMarked reduction in debt-to-equity and materially higher equity provide a larger capital cushion to absorb losses during commercialisation. Lower leverage improves financial flexibility for project capex and working capital, supporting durable ability to fund the transition to steady-state operations.
Bears Say
Persistent Operating LossesDespite revenue emergence, persistent negative EBIT/EBITDA and deeply negative net margins show profitability is not established. Continued operating losses can erode equity, increase funding needs, and delay return-on-invested-capital, posing a multi-quarter risk to sustainable earnings.
Volatile Cash Flow And Earnings QualityYear-to-year swings in operating and free cash flow undermine predictability for capex and scaling decisions. Volatile cash generation increases likelihood of intermittent external funding, complicates long-term planning, and weakens the reliability of earnings as a basis for reinvestment.
Negative Returns On CapitalNegative ROE indicates the enlarged capital base has not produced profitable returns. Persistently negative returns challenge the economics of the project, hinder shareholder value creation, and may make it harder to attract long-term institutional capital until returns turn positive.
Latrobe Magnesium Limited News
LMG FAQ
What was Latrobe Magnesium Limited’s price range in the past 12 months?
Latrobe Magnesium Limited lowest share price was <AU$0.01 and its highest was AU$0.04 in the past 12 months.
What is Latrobe Magnesium Limited’s market cap?
Latrobe Magnesium Limited’s market cap is AU$59.43M.
When is Latrobe Magnesium Limited’s upcoming earnings report date?
Latrobe Magnesium Limited’s upcoming earnings report date is Sep 24, 2026 which is in 172 days.
How were Latrobe Magnesium Limited’s earnings last quarter?
Latrobe Magnesium Limited released its earnings results on Mar 13, 2026. The company reported -AU$0.001 earnings per share for the quarter, missing the consensus estimate of N/A by -AU$0.001.
Is Latrobe Magnesium Limited overvalued?
According to Wall Street analysts Latrobe Magnesium Limited’s price is currently Overvalued.
Does Latrobe Magnesium Limited pay dividends?
Latrobe Magnesium Limited does not currently pay dividends.
What is Latrobe Magnesium Limited’s EPS estimate?
Latrobe Magnesium Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Latrobe Magnesium Limited have?
Latrobe Magnesium Limited has 3,127,817,000 shares outstanding.
What happened to Latrobe Magnesium Limited’s price movement after its last earnings report?
Latrobe Magnesium Limited reported an EPS of -AU$0.001 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -5.263%.
Which hedge fund is a major shareholder of Latrobe Magnesium Limited?
Currently, no hedge funds are holding shares in AU:LMG
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
Latrobe Magnesium Limited Stock Smart Score
Neutral
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10
Blogger Sentiment
Bullish
AU:LMG Sentiment 100%
Sector Average ―
Sector Average ―
Insider Transactions
Bought Shares
Worth AU$588.8K over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-21.87%
12-Months-Change
Fundamentals
Return on Equity
-6.35%
Trailing 12-Months
Asset Growth
14.76%
Trailing 12-Months
Company Description
Latrobe Magnesium Limited
Latrobe Magnesium Limited engages in developing a magnesium production plant for the extraction of magnesium metal from fly ash resource in Germany. It holds interests in the Latrobe magnesium project located in the Latrobe Valley in Victoria. The company was incorporated in 1986 and is based in Sydney, Australia.
Technical Analysis
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