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Latrobe Magnesium Limited (ASX: LMG) - Share Price and Research
- Current share price for LMG : $0.052
Latrobe Magnesium Limited (LMG), an ASX-listed company, is developing a magnesium production plant in Victoria's Latrobe Valley using its patented extraction process. LMG intends to extract and sell magnesium metal and cementitious material from Yallourn ash, which is currently a waste stream from brown coal power generation.
LMG General Information +
| ASX Code | LMG |
| Website | http://www.latrobemagnesium.com |
| Industry/Sector | Diversified Metals & Mining |
| Market Cap ($M) | 100 |
| LMG Share Price | $0.052 |
| Day High | $0.054 |
| Day Low | $0.052 |
| Last Close | $0.052 |
| LMG Share Price Movement | - ( No change ) |
Prices as at 14:50, 16 Apr 2024
+Security prices are delayed by at least 20 minutes and are indicative only.
LMG Related Research
Latrobe Magnesium Limited (LMG) Upcoming Dividends & Yields
There are no dividends for Latrobe Magnesium Limited (LMG). Please use our Upcoming Dividends tool to search for dividends across all ASX-listed securities.
Latrobe Magnesium Limited (LMG) Recent ASX Announcements
| Headline | Annoucement date/time+ | Price at announcement+ | Current price+ | Price 7D Avg | Gain/Loss |
|---|---|---|---|---|---|
| Resignation of Non-Executive Director | 5 Apr 2024 12:49PM | $0.049 | $0.052 | $0.051 | risen by 6.12% |
| Notification regarding unquoted securities - LMG | 27 Mar 2024 5:05PM | $0.053 | $0.052 | $0.051 | fallen by 1.89% |
| Application for quotation of securities - LMG | 27 Mar 2024 12:39PM | $0.052 | $0.052 | $0.051 | fallen by 0% |
- + Company announcements and prices are delayed by at least 20 minutes. Prices are indicative only.
See all ASX announcements from Latrobe Magnesium Limited (LMG) or use our ASX Announcements tool to search for announcements across all ASX-listed securities.
LMG Financial Summary
| Year to Jun | NPAT | EPS | EPS chg (%) | PER | DPS | Yield (%) | Franking (%) |
|---|---|---|---|---|---|---|---|
| 2023A | -$2.44 | -$0.20 | -31.80% | 0.00 | 0.00 | 0.00% | 0.0% |
| 2022A | -$3.21 | -$0.20 | 22.20% | 0.00 | 0.00 | 0.00% | 0.0% |
| 2021A | -$2.35 | -$0.20 | 12.50% | 0.00 | 0.00 | 0.00% | 0.0% |
LMG Peer Comparison
| Company | Mkt Cap | EPS Growth (%) | P/E (%) | Dividend Yield (%) | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 A | 2022 A | 2023 A | 2021 A | 2022 A | 2023 A | 2021 A | 2022 A | 2023 A | ||
| BHP Group (BHP) | $230,856M | -0.3385 | 0.1574 | -0.0449 | 11.2626 | 9.7309 | 10.1882 | 5.63% | 4.89% | 4.27% |
| Latrobe Magnesium (LMG) | $103M | -0.3182 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.00% | 0.00% | 0.00% |
| Mineral Resources (MIN) | $14,061M | 0.4175 | -0.1335 | 0.7405 | 26.3547 | 30.4168 | 17.4762 | 2.64% | 1.41% | 3.02% |
| Rio Tinto (RIO) | $47,479M | -0.1084 | -0.0727 | -0.0948 | 12.9800 | 13.9971 | 15.4629 | 4.97% | 3.60% | 3.27% |
| South32 (S32) | $14,901M | -0.6117 | -0.6387 | 0.5527 | 10.3459 | 28.6336 | 18.4417 | 3.74% | 1.34% | 2.02% |
LMG Market Comparison
| Earnings | P/E Ratio | P/B Ratio | P/E Growth | |
|---|---|---|---|---|
| Company | 3.00 | 0.00 | 3.40 | 0.00 |
| Market | 0.50 | 15.10 | 1.12 | 1.04 |
| Sector | 1.46 | 14.90 | 1.04 | 0.33 |
LMG Directors
| Name | Position | Start Date |
|---|---|---|
| Mr David Oliver Paterson | Executive Director, Chief Executive Officer | 23 Aug 2002 |
| Mr Philip Francis Bruce | Non-Executive Director | 4 Sep 2003 |
| Mr Peter Campbell Church | Non-Executive Director | 24 Apr 2023 |
| Ms Michelle Blackburn | Non-Executive Director | 1 Sep 2022 |
| Mr John Robert Lee | Non-Executive Director, Company Secretary | 10 Dec 2010 |
| Mr John (Jock) Stephen Murray | Non-Executive Director, Non-Executive Chairman | 10 Apr 2015 |
Latrobe Magnesium Limited (LMG) Changes in Directors' Interest & Trades
| Date of change | Director | Buy/Sell | Security Type | Qty | Trade Price | Value |
|---|---|---|---|---|---|---|
| 28 Nov 2023 | CHURCH, Peter | Buy | Indirect Shares | 400,000 | $0.061 | $24,400.000 |
| 31 Jul 2023 | LEE, John | Buy | Direct Shares | 500,000 | $0.058 | $29,000.000 |
| 9 Dec 2022 | BLACKBURN, Michelle | Buy | Direct Shares | 254,870 | $0.077 | $19,624.990 |
See all changes in directors' interest & trades for Latrobe Magnesium Limited (LMG) or use our Changes in directors' interest tool to search for changes & trades across all ASX-listed securities.
LMG Substantial Shareholders
Under ASX rules large investors and investment funds must disclose when they own more than a 5% stake in Latrobe Magnesium Limited (LMG). However, you won't necessarily see their names in the company’s annual report, as many trade under nominee names. These shareholders are obliged to provide ongoing substantial notices relating to any change of 1% or more.
| Holding | Name |
|---|---|
| 132,538,285 (7.68%) | Rimotran Pty Limited |
| 102,962,553 (5.96%) | Fammallon Pty Ltd |
LMG Calendar of Events
| Date | Event |
|---|---|
| 28 January 2025 | Report (Quarterly) |
| 21 October 2024 | Report (Quarterly) |
| 25 September 2024 | Report (Annual) |
| 23 July 2024 | Report (Quarterly) |
| 25 April 2024 | Report (Quarterly) |
FAQs about Latrobe Magnesium Limited (LMG)
What is the current share price of Latrobe Magnesium Limited (LMG)?
Latrobe Magnesium Limited's (LMG) current share price is $0.05. This constitutes a price movement of 1.96% when compared to the share price 7 days ago and is -27.78% below LMG's 12-month high of $0.07 per share. Prices are delayed by at least 20 minutes.
What is the share price movement for Latrobe Magnesium Limited (LMG)?
Relative to the previous close share price of $0.05, Latrobe Magnesium Limited's (LMG) current share price of $0.05 constitutes a movement of or 0%. Latrobe Magnesium Limited's (LMG) share price movement is 1.96% when compared to 7 days ago and is -27.78% below LMG's 52-week high of $0.07.
What is the 52-week high share price for Latrobe Magnesium Limited (LMG)?
Latrobe Magnesium Limited's (LMG) 52-week high is $0.07 which was reached on 26 Apr 2023. Relative to this, LMG's current share price of $0.05 constitutes a -$0.02 or -27.78% drop since that high of $0.07 per LMG share.
What is the 52-week low share price for Latrobe Magnesium Limited (LMG)?
Latrobe Magnesium Limited's (LMG) 52-week low is $0.04 which was reached on 2 Oct 2023. Relative to this, LMG's current share price of $0.05 constitutes a $0.01 or 23.81% gain since that low of $0.04 per LMG share.
What is the daily average trading volume for Latrobe Magnesium Limited (LMG)?
Over the last 12 months, Latrobe Magnesium Limited (LMG) has a daily average trading volume of 932,289 LMG shares per day.
What is the dividend yield for Latrobe Magnesium Limited (LMG)?
Latrobe Magnesium Limited (LMG) has a current dividend yield of n/a this year. Last year's dividend yield was 0%. The dividend yield for LMG is a ratio that tells you the percentage of Latrobe Magnesium Limited's (LMG) share price that it pays out in dividends each year.
When does Latrobe Magnesium Limited (LMG) release its next Annual Report?
Latrobe Magnesium Limited (LMG) will release its next Annual Report on 25 September 2024. Latrobe Magnesium Limited's (LMG) last annual report was released on 27 Sep 2023. Click here to view Latrobe Magnesium Limited's (LMG) last annual report.
In which sector is Latrobe Magnesium Limited (LMG) classified?
Latrobe Magnesium Limited (LMG) is classified as Materials. Other companies in this sector include BHP Group Limited (BHP), Fortescue Ltd (FMG), Newmont Corporation (NEM), and Rio Tinto Limited (RIO).
What is the price-to-earnings (P/E) ratio for Latrobe Magnesium Limited (LMG)?
The price-to-earnings (P/E) ratio for Latrobe Magnesium Limited (LMG) is 0. The price-to-earnings ratio, also known as P/E ratio, P/E, or PER, is the ratio of Latrobe Magnesium Limited's (LMG) share price to its earnings per LMG share.
DISCLOSURE: InvestSMART Group Limited employees may have an interest in the securities and managed funds displayed via this service. Please refer to our Financial Services Guide for more information.
Data shown on this website is sourced by Morningstar
© 2017 Morningstar. All rights reserved. Neither any Morningstar company nor any of their content providers guarantee the data or content contained herein to be accurate,
complete or timely nor will they have any liability for its use or distribution. Any general advice has been prepared by Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892)
and/or Morningstar Research Limited, subsidiaries of Morningstar, Inc, without reference to your objectives, financial situation or needs. You should consider the advice in light of these matters and,
if applicable, the relevant Product Disclosure Statement (in respect of Australian products) or Investment Statement (in respect of New Zealand products) before making any decision to invest.
No Morningstar-affiliated company or any of their employees is providing you with personalised financial advice. To obtain advice tailored to your particular circumstances, please contact a professional financial adviser.
Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only.
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