Welcome to InvestSMART

You are currently viewing our site as a guest, which gives you limited access to our site features. By signing up for a free membership, you will receive our Investment Opportunity newsletters and have access to additional features for finding and comparing managed funds and shares. Registration is fast and simple, so please:

General Information

Latrobe Magnesium Limited
LMG
http://www.latrobemagnesium.com
Gold
10
1,044

Current Price Data+

Current Price Open High Low Last Close Volume Price Movement
$0.01 $0.01 $0.01 $0.01 $0.01 515781 - ( No change )
  • +Security prices are delayed by least 20 minutes and are indicative only.

Company Overview

Business Description
Latrobe Magnesium Limited (LMG) is a magnesium development company which owns a worldwide patent for Hydromet Process used to produce material for the production of magnesium. The Company is currently focusing on the development of a magnesium production plant within its flagship Latrobe Magnesium Project, located in Latrobe Valley, Victoria.
Strategy Analysis
--

Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2014 A -0.7 -0.1 0.0% 0.0 0.0 0.0% 0.0%
2013 A -0.7 -0.1 0.0% 0.0 0.0 0.0% 0.0%
2012 A -1.0 -0.1 0.0% 0.0 0.0 0.0% 0.0%

Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2012 A 2013 F 2014 F 2012 A 2013 F 2014 F 2012 A 2013 F 2014 F
Latrobe Magnesium (LMG) $10M 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.00% 0.00% 0.00%
Newcrest Mining (NCM) $10,861M -0.0429 0.0172 0.5943 25.1419 24.7166 15.5033 0.00% 0.00% 0.00%
Northern Star Resources (NST) $1,321M 0.2151 2.1484 0.5719 27.8055 8.8317 5.6185 1.57% 2.69% 4.55%
OceanaGold (OGC) $750M 0.0000 -0.4252 -0.1760 5.6277 9.7899 11.8807 1.98% 1.04% 1.04%
OZ Minerals (OZL) $1,329M 0.0000 1.6127 -0.1424 31.9475 12.2278 14.2578 2.28% 1.48% 1.09%

Financial Summary

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.00 0.00 1.56 0.00
Market 0.88 13.90 1.02 0.91
Sector 0.62 13.50 0.69 0.92

Directors

Name Position Start Date
Mr David Oliver Paterson Managing Director 23/08/2002
Mr John (Jock) Stephen Murray Non-Executive Chairman 10/04/2015
Mr Kevin Anthony Torpey Non-Executive Director 11/04/2002
Mr Philip Francis Bruce Non-Executive Director 04/09/2003
Mr John Robert Lee Non-Executive Director, Company Secretary 10/12/2010

Substantial Shareholders

Holding Name
94,943,891 (10.25%) Fammallon Pty Ltd
94,540,000 (9.88%) Rimotran Pty Limited

Calendar of Events

Date Event
14 April 2016 Report (Quarterly)
18 January 2016 Report (Quarterly)
26 October 2015 Report (Quarterly)
11 September 2015 Report (Annual)
24 July 2015 Report (Quarterly)
© 2011 Morningstar, Inc. All rights reserved. The data and content contained herein are not guaranteed to be accurate, complete or timely. Neither Morningstar, nor its affiliates nor their content providers will have any liability for use or distribution of any of this information. To the extent that any of the content above constitutes advice, it is general advice that has been prepared by Morningstar Australasia Pty Ltd ABN: 95 090 665 544, AFSL: 240892 (a subsidiary of Morningstar, Inc.), without reference to your objectives, financial situation or needs. Before acting on any advice, you should consider the appropriateness of the advice and we recommend you obtain financial, legal and taxation advice before making any financial investment decision. If applicable investors should obtain the relevant product disclosure statement and consider it before making any decision to invest. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). DISCLOSURE: Employees may have an interest in the securities discussed in this report. Please refer to our Financial Services Guide (FSG) for more information at www.morningstar.com.au/fsg.asp.