Want to see AU:LGM full AI Analyst Report?
Legacy Minerals Holdings Ltd. (LGM) AI Stock Analysis
Legacy Minerals Holdings Ltd.
(ASX:LGM)
The score is driven primarily by weak financial performance (persistent losses and cash burn despite a stronger low-debt balance sheet). Technicals add further pressure with the price below key moving averages and negative MACD, while valuation is constrained by negative earnings and no dividend support.
Legacy Minerals Holdings Ltd. (LGM) vs. iShares MSCI Australia ETF (EWA)
- Market Cap
- AUD 21.01M
- Dividend Yield
- ―
- Average Volume (3M)
- 234.26K
- Price to Earnings (P/E)
- -10.3
- Beta (1Y)
- -0.19
- Revenue Growth
- ―
- EPS Growth
- 41.38%
- Country
- Australia
- Employees
- 9
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Industrial Materials
Legacy Minerals Holdings Ltd. Business Overview & Revenue Model
Company Description
Legacy Minerals Holdings Limited specializes in acquiring and exploring sites with potential for gold and copper deposits. The company's portfolio encompasses five projects located within the Lachlan Fold Belt, covering an area of 1,528 square kilome...
How the Company Makes Money
null
Legacy Minerals Holdings Ltd. Financial Statement Overview
Summary
Overall financials are weak due to inconsistent/zero revenue in recent years, persistent operating losses, and sustained negative operating and free cash flow. The main offsetting positive is a relatively strong, low-leverage balance sheet with meaningful equity growth, but returns remain negative because profitability has not materialized.
Income Statement
18Very NegativeBalance Sheet
62PositiveCash Flow
24Negative| Breakdown | TTM | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 0 | 516.83K | 62.29K | 0 |
| Gross Profit | -188.13K | -188.13K | -153.70K | 516.83K | 19.87K | -30.44K |
| EBITDA | -1.77M | -1.79M | -1.93M | -412.71K | -904.35K | -2.04M |
| Net Income | -1.85M | -1.85M | -2.08M | -479.25K | -946.71K | -2.07M |
Balance Sheet | ||||||
| Total Assets | 20.82M | 20.82M | 14.01M | 8.83M | 5.74M | 5.12M |
| Cash, Cash Equivalents and Short-Term Investments | 6.09M | 6.09M | 5.36M | 3.01M | 1.62M | 2.77M |
| Total Debt | 22.52K | 22.52K | 66.70K | 0 | 0 | 0 |
| Total Liabilities | 969.57K | 969.57K | 658.15K | 1.50M | 712.61K | 254.52K |
| Stockholders Equity | 19.85M | 19.85M | 13.35M | 7.33M | 5.03M | 4.86M |
Cash Flow | ||||||
| Free Cash Flow | -2.51M | -2.51M | -1.87M | -4.28M | -2.92M | -3.46M |
| Operating Cash Flow | -1.52M | -1.52M | -1.84M | -731.61K | -844.51K | -1.72M |
| Investing Cash Flow | -6.33M | -6.33M | -4.35M | -3.45M | -2.12M | -1.77M |
| Financing Cash Flow | 8.56M | 8.56M | 8.54M | 5.57M | 1.82M | 5.50M |
Legacy Minerals Holdings Ltd. Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:LGM, the sentiment is Negative. The current price of 0.10 is below the 20-day moving average (MA) of 0.11, below the 50-day MA of 0.12, and below the 200-day MA of 0.14, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 37.04 is Neutral, neither overbought nor oversold. The STOCH value of 37.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:LGM.
Legacy Minerals Holdings Ltd. Peers Comparison
Overall Rating
AU:BUX55Neutral- AU:LGM43Neutral
AU:ACP41Neutral
AU:CMD41Neutral
AU:GAL41Neutral
AU:IPT38Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| AU:BUX | 55Neutral | AUD 10.26M | 6.88 | 22.53% | ― | 739.65% | ― |
| AU:LGM | 43Neutral | AUD 21.01M | -10.29 | -10.76% | ― | ― | 41.38% |
| AU:ACP | 41Neutral | AUD 19.30M | -14.26 | -35.88% | ― | ― | -6.67% |
| AU:CMD | 41Neutral | AUD 16.41M | -1.85 | 1716.62% | ― | ― | -86.54% |
| AU:GAL | 41Neutral | AUD 19.37M | -4.26 | -10.29% | ― | ― | -300.00% |
| AU:IPT | 38Underperform | AUD 13.47M | -2.07 | -37.83% | ― | ― | 59.04% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:LGM | Legacy Minerals Holdings Ltd. | 0.10 | -0.15 | -58.82% | |
| AU:IPT | Impact Minerals Limited | 0.02 | -0.03 | -57.41% | |
| AU:BUX | Buxton Resources Limited | 0.02 | -0.01 | -33.33% | |
| AU:ACP | Audalia Resources Limited | 0.02 | -0.01 | -18.52% | |
| AU:GAL | Galileo Mining Ltd. | 0.10 | -0.12 | -54.42% | |
| AU:CMD | Cassius Mining Ltd | 0.02 | -0.01 | -41.94% |
Legacy Minerals Holdings Ltd. Corporate Events
Legacy Minerals Sets November 2026 AGM With Digital Access for Shareholders
Legacy Minerals Holdings Ltd. has called its Annual General Meeting for 24 November 2026, to be held in person at a Sydney venue, with the session commencing at 11:30 a.m. local time. The AGM will allow shareholders to ask questions and vote on propo...
Legacy Minerals Outlines Funding Needs and Uncertainty Around Mt Carrington Scoping Study
Legacy Minerals has detailed the scoping-level status of its Mt Carrington gold, silver and copper project in New South Wales, presenting a preliminary technical and economic assessment that does not yet support formal ore reserve estimates. The comp...
Legacy Minerals Files 2026 Corporate Governance Statement With ASX
Legacy Minerals Holdings Ltd., a small ASX-listed mining and exploration company, has established board charters and governance policies that define the roles of directors and management and delegate day-to-day operations to the managing director. It...
Legacy Minerals outlines governance and structure in 2026 annual report
Legacy Minerals Holdings Ltd has released its annual report for the year ended 30 June 2026, providing shareholders with an overview of its governance and corporate structure. The report lists a board comprising both executive and non-executive direc...
Legacy Minerals Pinpoints Three Untested Copper-Gold Targets at Rockley
Legacy Minerals has identified three significant, untested induced polarisation chargeability targets at the Crystal Hill Prospect within its 100%-owned Rockley copper-gold project in New South Wales. The central target, considered the highest priori...
Legacy Minerals Outlines Funding Needs and Uncertainties for Mt Carrington Scoping Study
Legacy Minerals has detailed the scoping-level assessment of its Mt Carrington gold-silver-copper project, outlining a preliminary technical and economic evaluation of potential mineral extraction. The study indicates a production target primarily ba...
Legacy Minerals Advances Larger-Scale Study at Mt Carrington After Resource Upgrade
Legacy Minerals is pushing ahead with an optimised scoping study for its Mt Carrington Gold-Silver Project in New South Wales, engaging engineering group Ausenco and advisory firm WSP to assess a larger-scale development than previously contemplated....
Legacy Minerals Launches Drilling on Untested Gold‑Silver Targets at Mt Carrington
Legacy Minerals has reported results from induced polarisation surveys at the Mascotte Prospect within its Mt Carrington Project, outlining a northeast‑trending resistive corridor flanked by multiple strong chargeability anomalies. These geophy...
Legacy Minerals Scoping Study Underscores Mt Carrington’s Low-Cost Gold-Silver Potential
Legacy Minerals has strengthened its development case for the Mt Carrington gold-silver project, releasing a new Mineral Resource Estimate and a Scoping Study that outlines a 12-year, one-million-tonne-per-annum operation. The study points to low-cos...
Legacy Minerals boosts Mt Carrington resource to 1.6Moz gold-equivalent
Legacy Minerals has announced a major upgrade to the Mineral Resource Estimate for its Mt Carrington project in New South Wales, with total resources rising to 47.9 million tonnes containing 1.6 million ounces of gold-equivalent. The resource now com...
Legacy Minerals Advances Mt Carrington Drilling and Near-Term Resource Update
Legacy Minerals has completed an eight-hole diamond drilling program at the Emu copper-gold prospect at Mt Carrington, marking the first modern test of this porphyry-epithermal target near the historic Emu Creek copper mine. Core from Emu has been lo...
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.
Date of analysis: Oct 22, 2026