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Legacy Iron Ore Ltd
(Sydney:LCY)
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Rating:60Neutral
Price Target:
AU$0.01
▲(10.00% Upside)
Action:Reiterated
Date:08/20/26
The score is primarily supported by strong balance-sheet positioning and improved cash flow in the latest year, but is held back by ongoing net losses, high historical volatility, and limited valuation support due to a negative P/E. Technical conditions cannot be evaluated with the provided data, which reduces confidence in the near-term setup.
Positive Factors
Very Low Leverage
A conservative capital structure reduces refinancing risk and preserves flexibility to fund exploration, development, or operating needs. The sizable equity base also provides resilience if commodity prices or project timing create temporary pressure.
Negative Factors
Persistent Net Losses
The company has not yet demonstrated consistent bottom-line profitability despite the revenue rebound. Continued losses can limit retained capital, constrain investment capacity, and make future performance more dependent on asset sales or external funding.
Read all positive and negative factors
Positive Factors
Negative Factors
Very Low Leverage
A conservative capital structure reduces refinancing risk and preserves flexibility to fund exploration, development, or operating needs. The sizable equity base also provides resilience if commodity prices or project timing create temporary pressure.
Read all positive factors
Legacy Iron Ore Ltd (LCY) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$49.59M
Dividend YieldN/A
Average Volume (3M)1.40M
Price to Earnings (P/E)―
Beta (1Y)0.35
Revenue Growth104.42%
EPS GrowthN/A
CountryAU
Employees14
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)<0.01
Shares Outstanding9,917,419,000
10 Day Avg. Volume1,400,735
30 Day Avg. Volume1,400,735
Financial Highlights & Ratios
PEG Ratio0.62
Price to Book (P/B)2.03
Price to Sales (P/S)0.66
P/FCF Ratio15.15
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
Legacy Iron Ore Ltd Business Overview & Revenue Model
Company Description
Legacy Iron Ore Limited is actively involved in the discovery, assessment, and advancement of mineral resources throughout Australia. The company primarily targets a diverse array of metals, including iron, gold, base metals, tungsten, manganese, ...
How the Company Makes Money
null...
Legacy Iron Ore Ltd Financial Statement Overview
Summary
Income Statement
58
Neutral
Balance Sheet
82
Very Positive
Cash Flow
63
Positive
| Breakdown | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 88.61M | 43.34M | 2.08M | 50.00K | 0.00 |
| Gross Profit | 86.38M | 28.75M | 2.08M | -11.16K | -82.50K |
| EBITDA | -2.68M | -19.33M | -9.53M | 2.07M | -923.10K |
| Net Income | -556.38K | -27.95M | -9.59M | 2.01M | -1.01M |
Balance Sheet | |||||
| Total Assets | 37.89M | 37.96M | 47.22M | 25.61M | 23.61M |
| Cash, Cash Equivalents and Short-Term Investments | 9.67M | 11.14M | 15.26M | 9.74M | 7.51M |
| Total Debt | 88.16K | 18.47K | 49.77K | 82.29K | 24.00K |
| Total Liabilities | 9.03M | 9.01M | 12.31M | 288.79K | 290.53K |
| Stockholders Equity | 28.87M | 28.94M | 34.90M | 25.32M | 23.32M |
Cash Flow | |||||
| Free Cash Flow | 3.87M | -25.02M | -13.50M | 579.48K | -2.33M |
| Operating Cash Flow | 3.89M | -16.60M | -9.95M | 2.01M | 82.50K |
| Investing Cash Flow | -1.81M | -15.47M | 1.83M | 3.79M | -8.30M |
| Financing Cash Flow | -36.93K | 22.18M | 16.78M | -41.24K | -45.61K |
Legacy Iron Ore Ltd Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
60 Neutral | AU$49.59M | -87.73 | -2.00% | ― | 104.42% | ― | |
48 Neutral | AU$24.23M | -9.48 | -6.44% | ― | ― | -36.47% | |
45 Neutral | AU$62.35M | -10.42 | -7.76% | ― | ― | 34.13% | |
44 Neutral | AU$13.78M | -5.56 | -3.39% | ― | ― | 10.00% | |
37 Underperform | AU$105.26M | -9.62 | -7.41% | ― | 5472.73% | 40.17% |
* Basic Materials Sector Average
AU:LCY
Legacy Iron Ore Ltd
0.01
0.00
0.00%
AU:AVL
Australian Vanadium
0.28
0.03
12.00%
AU:HIO
Hawsons Iron Ltd
0.01
-0.01
-50.00%
AU:RVT
Richmond Vanadium Technology Pty Ltd.
0.11
0.05
69.23%
AU:VHM
VHM Limited
0.20
-0.02
-9.09%
Legacy Iron Ore Ltd Corporate Events
Legacy Iron Ore Moves AGM Materials Online, Urges Proxy Voting
Jul 13, 2026
Legacy Iron Ore Limited has called its Annual General Meeting for 2:00 p.m. AWST on 21 August 2026 at its Perth offices, inviting shareholders to review the notice of meeting and accompanying explanatory materials online or via the ASX announcemen...
Legacy Iron Ore Appoints Anurag Kapil to Board Without Equity Stake
Jul 12, 2026
Legacy Iron Ore Ltd has appointed Mr. Anurag Kapil as a director of the company, effective 12 July 2026, in a move that further shapes the composition of its board. According to the disclosure, Kapil does not currently hold any relevant interests ...
Legacy Iron Ore Strengthens Board With Appointment of NMDC Finance Director
Jul 12, 2026
Legacy Iron Ore has strengthened its board with the appointment of Anurag Kapil as a non-executive director, effective immediately, adding significant public sector and financial governance experience to its leadership. Kapil, currently Director (...
Legacy Iron Ore Sets August 2026 AGM and Opens Director Nomination Window
Jun 26, 2026
Legacy Iron Ore Limited has scheduled its Annual General Meeting for 21 August 2026, confirming it will provide full meeting details in a forthcoming notice to shareholders. The Western Australia-based miner, which focuses on iron ore, base metals...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.