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Legend Mining Limited (AU:LEG)
ASX:LEG
Australian Market
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Legend Mining Limited (LEG) Price & Analysis

5 Followers

LEG Stock Chart & Stats

AU$0.01
AU$0.00(0.00%)
At close: 4:00 PM EDT
AU$0.01
AU$0.00(0.00%)

Bulls Say, Bears Say

Bulls Say
Very Low LeverageExtremely low debt-to-equity and a sizable equity base give Legend financial flexibility to continue exploration and absorb near-term volatility without the immediate burden of high interest or refinancing demands. This supports optionality in allocating capital to projects.
Improved 2025 Free Cash FlowAlthough still negative, the improvement in 2025 free cash flow indicates some progress versus the prior year. If maintained, that trend could reduce the pace of funding required for exploration, though it has not yet made the business self-funding.
Flexible Cost StructureHistorically flexible costs can help the company adjust spending while exploration revenue remains small and variable. This limits the risk of a rigid operating cost base, although the evidence also shows that flexibility has not yet translated into stable profitability.
Bears Say
No Sustainable Operating RevenueRevenue falling to zero while EBIT and net losses widened materially confirms that the exploration model is not currently generating sustainable operating earnings. Without recurring revenue, funding and project outcomes remain central to maintaining activity over coming periods.
Persistent Cash BurnNegative operating cash flow in most years and consistently negative free cash flow show that core activities continue to consume cash. Ongoing funding requirements can constrain exploration pace and make capital availability important to sustaining operations.
Negative Returns On EquityNegative ROE, sharply worse in 2025, shows the equity base is not currently producing returns. If losses persist, continued erosion of shareholder capital could reduce financial resilience despite the present low-leverage position.

Legend Mining Limited News

LEG FAQ

What was Legend Mining Limited’s price range in the past 12 months?
Legend Mining Limited lowest share price was <AU$0.01 and its highest was AU$0.01 in the past 12 months.
    What is Legend Mining Limited’s market cap?
    Legend Mining Limited’s market cap is AU$23.32M.
      When is Legend Mining Limited’s upcoming earnings report date?
      Legend Mining Limited’s upcoming earnings report date is Mar 12, 2027 which is in 140 days.
        How were Legend Mining Limited’s earnings last quarter?
        Legend Mining Limited released its earnings results on Aug 26, 2026. The company reported AU$0 earnings per share for the quarter.
          Is Legend Mining Limited overvalued?
          According to Wall Street analysts Legend Mining Limited’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Legend Mining Limited pay dividends?
            Legend Mining Limited does not currently pay dividends.
            What is Legend Mining Limited’s EPS estimate?
            Legend Mining Limited’s EPS estimate for its next earnings report is not yet available.
            How many shares outstanding does Legend Mining Limited have?
            Legend Mining Limited has 2,914,477,300 shares outstanding.
              What happened to Legend Mining Limited’s price movement after its last earnings report?
              Legend Mining Limited reported an EPS of AU$0 in its last earnings report. Following the earnings report the stock price went same 0%.
                Which hedge fund is a major shareholder of Legend Mining Limited?
                Currently, no hedge funds are holding shares in AU:LEG
                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

                  Legend Mining Limited Stock Smart Score

                  6
                  Neutral
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                  Fundamentals

                  Return on Equity
                  -33.06%
                  Trailing 12-Months
                  Asset Growth
                  -19.95%
                  Trailing 12-Months
                  Learn more about TipRanks Smart Score

                  Company Description

                  Legend Mining Limited

                  Legend Mining Limited conducts the prospecting and geological assessment of potential mining sites throughout Australia. The company's main focus is on uncovering deposits rich in nickel, copper, cobalt, zinc, silver, and gold. A significant asset is its Rockford project, which encompasses 15 approved exploratory concessions spanning 3,054 square kilometers within the Fraser Range region of Western Australia. Founded in 1993, Legend Mining Limited maintains its corporate base in West Perth, Australia.

                  Legend Mining Limited (LEG) Earnings & Revenues

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