Latrobe Magnesium Limited (AU:LMG)
ASX:LMG
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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$62.58M
Enterprise ValueAU$47.15M
Total Cash (Recent Filing)AU$4.52M
Total Debt (Recent Filing)AU$3.18M
Price to Earnings (P/E)―
Beta1.03
Next Earnings
Sep 24, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding3,129,136,700
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)AU$2.00M
Bulls Say, Bears Say
Bulls Say
Improved LeverageA materially lower debt-to-equity (~0.16 in FY2025) and growing equity provide more durable financial flexibility for a capital-intensive minerals ramp. This reduces near-term solvency and refinancing risk, enabling sustained investment in production and scale-up.
Positive Operating Cash FlowConsecutive positive operating cash flows and a switch to positive free cash flow in FY2025 indicate the business is beginning to convert operations into internally generated funds. That improves self-funding capacity and reduces structural dependency on external capital for growth.
Emerging Revenue BaseThe emergence of a meaningful revenue base (~A$2.7M in FY2025) with implied strong gross margins validates early commercialisation of magnesium from waste. This establishes a platform for scale, repeatable sales and progressive margin improvement over the medium term.
Bears Say
Persistent LossesOperating and net losses remain significant despite emerging revenue, meaning profitability is not yet proven. Persistent negative margins require ongoing capital or cost restructuring, raising the long-term risk that equity growth won’t translate into sustainable returns.
Volatile Cash GenerationWhile cash flow has improved, sharp year-to-year volatility and swings in free cash flow limit predictability for funding capital-intensive expansion. Structural volatility increases execution risk and the likelihood of additional financing or project timing delays over the medium term.
Negative ReturnsNegative returns on equity indicate the company has not converted its growing capital base into profitable outcomes. This questions long-term capital allocation and management effectiveness, making investor support conditional on visible, sustained profitability improvements.
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$62.58M.
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 151 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 3,129,136,700 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 75%
Sector Average 75%
Insider Transactions
Bought Shares
Worth AU$588.8K over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
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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