Lunnon Metals Limited (AU:LM8)
ASX:LM8
Want to see AU:LM8 full AI Analyst Report?
LM8 Stock Chart & Stats
AU$0.39
AU$0.01(5.00%)
At close: 4:00 PM EST
AU$0.39
AU$0.01(5.00%)
Day’s Range― - ―
52-Week RangeAU$0.21 - AU$0.51
Previous CloseN/A
Volume1.16K
Average Volume (3M)299.88K
Market Cap
AU$70.35M
Enterprise ValueAU$76.14M
Total Cash (Recent Filing)AU$9.86M
Total Debt (Recent Filing)AU$8.85K
Price to Earnings (P/E)―
Beta0.97
Next Earnings
Sep 18, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.04
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 TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.31
Revenue Forecast (FY)AU$105.37M
Bulls Say, Bears Say
Bulls Say
Low Leverage / Strong Balance SheetExtremely low debt and an equity-funded asset base materially reduce near-term solvency and refinancing risk. This balance-sheet strength gives management flexibility to fund exploration, staged project work or opportunistic acquisitions without immediate debt pressure, supporting runway over the medium term.
Focused Kambalda Nickel PortfolioConcentrated exploration in the Kambalda nickel district provides structural advantages: proximity to established mining infrastructure, skilled local services and higher geological prospectivity. This regional focus can shorten development timelines and improve economics if discoveries progress toward resource definition.
Narrowing Net LossesA meaningful reduction in the annual net loss signals improving cost control or project prioritisation. If sustained, this trend reduces future financing needs and indicates management can slow cash burn while progressing exploration, increasing the likelihood of preserving capital over the coming 2–6 months.
Bears Say
No Meaningful RevenueThe absence of revenue confirms a pre-revenue exploration profile, meaning the company's value and funding prospects hinge on successful discoveries and external financing. Lack of operating income leaves no internal buffer to fund exploration, increasing dependency on capital markets and project outcome uncertainty.
Consistent Cash BurnSustained negative operating and free cash flow requires ongoing external funding to maintain drilling and evaluation programs. Continued cash burn erodes liquidity, shortens runway, and raises the probability of dilutive equity raises or scaled-back activity if capital access tightens over the medium term.
Equity Erosion And Negative ROEFalling shareholder equity combined with large negative returns on equity indicates ongoing value destruction from losses. Even with low debt, persistent equity erosion increases the likelihood of future capital raises, diluting existing holders and signalling structural challenges to achieving profitable operations over time.
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$0.20 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$70.35M.
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 95 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 Overvalued.
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
Neutral
1
2
3
4
5
6
7
8
9
10
Technicals
SMA
Positive
20 days / 200 days
Momentum
9.52%
12-Months-Change
Fundamentals
Return on Equity
-30.57%
Trailing 12-Months
Asset Growth
-17.61%
Trailing 12-Months
Company Description
Lunnon Metals Limited
Operating from West Perth, Australia, Lunnon Metals Limited is an Australian company dedicated to the exploration and development of nickel and gold deposits. Formed in 2014, the company's primary asset is its complete ownership of the Kambalda Nickel project. This project consists of 19 interconnected mining tenements, spanning an area of 23 square kilometers, within the Kambalda Nickel District in Western Australia's Eastern Goldfields region. The company rebranded to Lunnon Metals Limited in February 2021, having previously been known as ACH Nickel Pty Ltd.
Technical Analysis
Mount Ridley Mines Limited
―
Ausmon Resources Limited
―
Aus Tin Mining Limited
―
Sultan Resources Ltd.
―
Fin Resources Limited
―
Options Prices
Currently, No data available
---