Latrobe Magnesium Limited (AU:LMG)
ASX:LMG
Want to see AU:LMG full AI Analyst Report?
LMG Stock Chart & Stats
AU$0.02
>-AU$0.01(-5.00%)
At close: 4:00 PM EST
AU$0.02
>-AU$0.01(-5.00%)
Day’s Range― - ―
52-Week Range<AU$0.01 - AU$0.04
Previous CloseN/A
Volume317.21K
Average Volume (3M)2.92M
Market Cap
AU$53.20M
Enterprise ValueAU$42.30M
Total Cash (Recent Filing)AU$4.52M
Total Debt (Recent Filing)AU$3.18M
Price to Earnings (P/E)―
Beta1.01
Next Earnings
Oct 05, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)<0.01
Shares Outstanding3,129,136,700
10 Day Avg. Volume3,294,508
30 Day Avg. Volume2,924,277
Financial Highlights & Ratios
PEG Ratio0.13
Price to Book (P/B)0.40
Price to Sales (P/S)7.09
P/FCF Ratio10.11
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$0.06Price Target Upside200.00% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)AU$2.00M
Bulls Say, Bears Say
Bulls Say
Strategic Positioning In Critical MineralsLMG’s business model converts industrial waste into magnesium and sits in the critical minerals/lightweight metals supply chain. That structural positioning aligns with durable demand from manufacturing and transport lightweighting, supporting long-term market access and strategic relevance.
Improving Balance SheetLeverage has fallen to roughly 0.16 in FY2025 and equity has increased, creating a more supportive balance sheet. Modest debt levels reduce refinancing and interest burden risk, preserving financial flexibility to fund project development and absorb cyclical shocks.
Positive Operating And Free Cash FlowA shift to positive operating cash flow in FY2024–FY2025 and positive free cash flow in FY2025 shows the business beginning to generate internal cash as activity scales. Durable cash generation reduces reliance on external funding and supports reinvestment if sustained.
Bears Say
Persistent Operating LossesDespite recent revenue, LMG continues to report significant operating losses and deeply negative net margins. Persistent losses indicate core profitability is unproven, risking further capital raises or dilution before the business delivers sustainable returns to shareholders.
Small Revenue BaseFY2025 revenue of roughly A$2.7M represents an early, small revenue base. Limited scale constrains margin leverage and the ability to cover fixed costs, so durable profitability depends on sustained, material revenue growth over the coming quarters.
Volatile Cash FlowsWhile cash flow turned positive recently, historical volatility and sharp swings in free cash flow complicate planning. This variability increases the risk of needing external financing during downturns and raises execution risk for capital-intensive scaling plans.
Latrobe Magnesium Limited News
LMG FAQ
What was Latrobe Magnesium Limited’s price range in the past 12 months?
Latrobe Magnesium Limited lowest share price was <AU$0.01 and its highest was AU$0.04 in the past 12 months.
What is Latrobe Magnesium Limited’s market cap?
Latrobe Magnesium Limited’s market cap is AU$53.20M.
When is Latrobe Magnesium Limited’s upcoming earnings report date?
Latrobe Magnesium Limited’s upcoming earnings report date is Oct 05, 2026 which is in 121 days.
How were Latrobe Magnesium Limited’s earnings last quarter?
Latrobe Magnesium Limited released its earnings results on Mar 13, 2026. The company reported -AU$0.001 earnings per share for the quarter, missing the consensus estimate of N/A by -AU$0.001.
Is Latrobe Magnesium Limited overvalued?
According to Wall Street analysts Latrobe Magnesium Limited’s price is currently Undervalued.
Does Latrobe Magnesium Limited pay dividends?
Latrobe Magnesium Limited does not currently pay dividends.
What is Latrobe Magnesium Limited’s EPS estimate?
Latrobe Magnesium Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Latrobe Magnesium Limited have?
Latrobe Magnesium Limited has 3,129,136,700 shares outstanding.
What happened to Latrobe Magnesium Limited’s price movement after its last earnings report?
Latrobe Magnesium Limited reported an EPS of -AU$0.001 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -5.263%.
Which hedge fund is a major shareholder of Latrobe Magnesium Limited?
Currently, no hedge funds are holding shares in AU:LMG
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
Latrobe Magnesium Limited Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
AU$0.06 (200.00% Upside)
AU$0.06 (200.00% Upside)
Blogger Sentiment
Bullish
AU:LMG Sentiment 100%
Sector Average ―
Sector Average ―
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-21.87%
12-Months-Change
Fundamentals
Return on Equity
-6.35%
Trailing 12-Months
Asset Growth
14.76%
Trailing 12-Months
Company Description
Latrobe Magnesium Limited
Latrobe Magnesium Limited engages in developing a magnesium production plant for the extraction of magnesium metal from fly ash resource in Germany. It holds interests in the Latrobe magnesium project located in the Latrobe Valley in Victoria. The company was incorporated in 1986 and is based in Sydney, Australia.
LMG Stock 12 Month Forecast
Average Price Target
AU$0.06
▲(200.00% Upside)
Technical Analysis
Venus Metals Corporation Limited
―
Black Canyon Limited
―
Coda Minerals Ltd
―
Errawarra Resources Ltd.
―
Sunshine Gold Ltd
―
Options Prices
Currently, No data available
---