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Legacy Minerals Holdings Ltd.
(Sydney:LGM)
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Rating:50Neutral
Price Target:
AU$0.13
▼(-37.50% Downside)
Action:Reiterated
Date:09/26/26
The score is held back primarily by weak financial performance (inconsistent revenue, ongoing losses, and sustained cash burn). Technicals provide some support with neutral-to-slightly positive near-term momentum, but the longer-term trend remains weaker. Valuation is also a headwind due to the negative P/E and no dividend yield data.
Positive Factors
Very low leverage
Minimal debt relative to equity gives Legacy Minerals greater financial flexibility than a highly leveraged company. This reduces fixed financing pressure and leaves more capacity to fund exploration or withstand operating volatility, although profitability remains unresolved.
Negative Factors
Inconsistent revenue generation
Revenue reverting to zero after earlier positive periods indicates that the business lacks a dependable operating revenue stream. This makes planning and internal funding difficult, increases reliance on external capital, and limits evidence of scalable commercial traction over the next several quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Very low leverage
Minimal debt relative to equity gives Legacy Minerals greater financial flexibility than a highly leveraged company. This reduces fixed financing pressure and leaves more capacity to fund exploration or withstand operating volatility, although profitability remains unresolved.
Read all positive factors
Legacy Minerals Holdings Ltd. (LGM) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$27.02M
Dividend YieldN/A
Average Volume (3M)199.50K
Price to Earnings (P/E)―
Beta (1Y)-0.16
Revenue GrowthN/A
EPS Growth41.38%
CountryAU
Employees9
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.01
Shares Outstanding200,115,230
10 Day Avg. Volume162,423
30 Day Avg. Volume199,504
Financial Highlights & Ratios
PEG Ratio0.24
Price to Book (P/B)0.91
Price to Sales (P/S)0.00
P/FCF Ratio-7.19
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)>-0.01
Revenue Forecast (FY)N/A
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 kil...
How the Company Makes Money
null...
Legacy Minerals Holdings Ltd. Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
62
Positive
Cash Flow
24
Negative
| Breakdown | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 516.83K | 62.29K | 0.00 |
| Gross Profit | -188.13K | -153.70K | 516.83K | 19.87K | -30.44K |
| EBITDA | -1.79M | -1.93M | -412.71K | -904.35K | -2.04M |
| Net Income | -1.85M | -2.08M | -479.25K | -946.71K | -2.07M |
Balance Sheet | |||||
| Total Assets | 20.82M | 14.01M | 8.83M | 5.74M | 5.12M |
| Cash, Cash Equivalents and Short-Term Investments | 6.09M | 5.36M | 3.01M | 1.62M | 2.77M |
| Total Debt | 22.52K | 66.70K | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 969.57K | 658.15K | 1.50M | 712.61K | 254.52K |
| Stockholders Equity | 19.85M | 13.35M | 7.33M | 5.03M | 4.86M |
Cash Flow | |||||
| Free Cash Flow | -2.51M | -1.87M | -4.28M | -2.92M | -3.46M |
| Operating Cash Flow | -1.52M | -1.84M | -731.61K | -844.51K | -1.72M |
| Investing Cash Flow | -6.33M | -4.35M | -3.45M | -2.12M | -1.77M |
| Financing Cash Flow | 8.56M | 8.54M | 5.57M | 1.82M | 5.50M |
Legacy Minerals Holdings Ltd. Technical Analysis
Positive
0.20
Price Trends
0.12
Positive
0.12
Positive
0.15
Negative
Market Momentum
<0.01
Negative
59.61
Neutral
55.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:LGM, the sentiment is Positive. The current price of 0.2 is above the 20-day moving average (MA) of 0.13, above the 50-day MA of 0.12, and above the 200-day MA of 0.15, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 59.61 is Neutral, neither overbought nor oversold. The STOCH value of 55.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:LGM.
Legacy Minerals Holdings 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% | |
50 Neutral | AU$27.02M | -13.24 | -10.76% | ― | ― | 41.38% | |
47 Neutral | AU$21.74M | -4.78 | -10.29% | ― | ― | -300.00% | |
46 Neutral | AU$16.33M | 10.94 | 22.53% | ― | 739.65% | ― | |
44 Neutral | AU$21.93M | -16.21 | -35.88% | ― | ― | -6.67% | |
41 Neutral | AU$14.06M | -2.16 | -37.83% | 23.69% | ― | 59.04% | |
41 Neutral | AU$16.41M | -1.86 | 1716.62% | ― | ― | -86.54% |
* Basic Materials Sector Average
AU:LGM
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Legacy Minerals Holdings Ltd. Corporate Events
Legacy Minerals Files 2026 Corporate Governance Statement With ASX
Sep 24, 2026
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....
Legacy Minerals outlines governance and structure in 2026 annual report
Sep 24, 2026
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 di...
Legacy Minerals Pinpoints Three Untested Copper-Gold Targets at Rockley
Sep 21, 2026
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 pri...
Legacy Minerals Outlines Funding Needs and Uncertainties for Mt Carrington Scoping Study
Sep 10, 2026
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...
Legacy Minerals Advances Larger-Scale Study at Mt Carrington After Resource Upgrade
Sep 6, 2026
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 contemplat...
Legacy Minerals Launches Drilling on Untested Gold‑Silver Targets at Mt Carrington
Aug 10, 2026
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 geo...
Legacy Minerals Scoping Study Underscores Mt Carrington’s Low-Cost Gold-Silver Potential
Jul 31, 2026
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-...
Legacy Minerals boosts Mt Carrington resource to 1.6Moz gold-equivalent
Jul 29, 2026
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 ...
Legacy Minerals Advances Mt Carrington Drilling and Near-Term Resource Update
Jul 28, 2026
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...
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.