InvestSMART

Latrobe Magnesium Limited (ASX: LMG) - Share Price

- Current share price for LMG : $0.013

Latrobe Magnesium Limited (LMG) is an ASX-listed company and is not held by any exchange traded funds (ETFs). It is developing a magnesium metal Demonstration Plant in Victoria's Latrobe Valley using its world first patented extraction process. LMG intends to extract and sell magnesium metal and cementitious material from industrial ash, which is currently a waste resource from brown coal power generation.

LMG General Information +

ASX Code LMG
Website http://www.latrobemagnesium.com
Industry/Sector Diversified Metals & Mining
Market Cap ($M) 51
LMG Share Price $0.013
Day High $0.014
Day Low $0.013
Last Close $0.013
LMG Share Price Movement - ( No change )
Prices as at 16:40, 3 Nov 2026
+Security prices are delayed by at least 20 minutes and are indicative only.

Latrobe Magnesium Limited (LMG) Upcoming Dividends & Yields

Distribution Type Dividend Franking Ex-dividend date Payment date Current Price+ Price 7D Avg Dividend Yield

See all dividends from Latrobe Magnesium Limited (LMG) or use our Upcoming Dividends tool to search for dividends across all ASX-listed securities.

Latrobe Magnesium Limited (LMG) price-sensitive announcements

LMG - October Project Update
Latrobe Magnesium Limited (ASX: LMG) reported in its October project update that Phase 1B
Latrobe Magnesium Limited (LMG)
2 Nov 2026 | 8:27 AM
LMG - Quarterly Activities/Appendix 5B Cash Flow Report
Latrobe Magnesium Limited’s 1Q FY2027 Quarterly Activities Report and Appendix 5B for the
Latrobe Magnesium Limited (LMG)
16 Oct 2026 | 8:59 AM
LMG - Supplementary Prospectus
Latrobe Magnesium Limited issued a Supplementary Prospectus dated 25 September 2026 in rel
Latrobe Magnesium Limited (LMG)
25 Sep 2026 | 9:07 AM
LMG - LMG Investor Presentation 22092026
Latrobe Magnesium Limited’s September 2026 investor presentation outlines an A$8.5 million
Latrobe Magnesium Limited (LMG)
22 Sep 2026 | 10:00 AM

Latrobe Magnesium Limited (LMG) Recent ASX Announcements

Company Sector Market Cap ($m) Headline Release
date/time+
Price at
release+
Current
price+
Gain/Loss View
Latrobe Magnesium Limited (LMG)
ORDINARY FULLY PAID
Materials $52 Notification regarding unquoted securities - LMG 3 Nov 2026 10:04AM $0.013 $0.013 fallen by 0%
Latrobe Magnesium Limited (LMG)
ORDINARY FULLY PAID
Materials $52 Application for quotation of securities - LMG 2 Nov 2026 9:53AM $0.014 $0.013 fallen by 7.14%
Latrobe Magnesium Limited (LMG)
ORDINARY FULLY PAID
Materials $52 October Project Update 2 Nov 2026 8:27AM $0.014 $0.013 fallen by 7.14%
Latrobe Magnesium Limited (LMG)
ORDINARY FULLY PAID
Materials $52 IMARC Presentation 29 Oct 2026 10:50AM $0.014 $0.013 fallen by 7.14%
Latrobe Magnesium Limited (LMG)
ORDINARY FULLY PAID
Materials $52 LMG Entitlement Offer Completed 28 Oct 2026 8:58AM $0.014 $0.013 fallen by 7.14%
Latrobe Magnesium Limited (LMG)
ORDINARY FULLY PAID
Materials $52 LMG Notice of Annual General Meeting and Proxy Form 27 Oct 2026 4:28PM $0.014 $0.013 fallen by 7.14%

LMG Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2026A -$4.87 -$0.20 45.50% 0.00 0.00 0.00% 0.0%
2025A -$2.66 -$0.10 -56.00% 0.00 0.00 0.00% 0.0%
2024A -$4.74 -$0.30 66.70% 0.00 0.00 0.00% 0.0%

LMG Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2024 A 2025 A 2026 A 2024 A 2025 A 2026 A 2024 A 2025 A 2026 A
BHP Group Limited (BHP) $288,477M 0.2093 -0.1226 -0.0062 15.0492 17.1518 17.2583 4.41% 3.64% 3.70%
Latrobe Magnesium Limited (LMG) $52M 0.4545 0.0000 0.0000 0.0000 0.0000 0.0000 0.00% 0.00% 0.00%
Lynas Rare Earths Limited (LYC) $12,199M 22.4000 1.1111 0.9261 54.5209 25.8257 13.4086 0.00% 0.00% 0.00%
Rio Tinto Limited (RIO) $54,133M -0.1811 0.1983 0.0161 14.6264 12.2062 12.0132 4.13% 4.51% 4.58%
South32 Limited (S32) $19,413M 0.5182 0.0533 -0.0350 14.2528 13.5313 14.0220 3.13% 3.15% 3.08%

LMG Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.00 0.00 0.75 0.00
Market 0.30 13.10 1.02 0.74
Sector 1.51 12.10 1.33 0.42

LMG Directors

Name Position Start Date
Mr Philip Francis Bruce Non-Executive Director 4 Sep 2003
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
27 Nov 2025 PATERSON, David Issued Direct Shares 26,261,363 $0.011 $288,874.993
27 Nov 2025 LEE, John Issued Direct Shares 4,693,182 $0.011 $51,625.002
27 Nov 2025 BRUCE, Philip Issued Indirect Shares 2,934,091 $0.011 $32,275.001

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 Management

Name Position
Robert Stein Chief Executive Officer
John Collier Chief Financial Officer,Joint Company Secretary

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
106,354,315 (4.03%) Rimotran Pty Limited
40,415,079 (1.54%) David Oliver Paterson

LMG Calendar of Events

Date Event
15 October 2027 Report (Quarterly)
24 September 2027 Report (Annual)
30 July 2027 Report (Quarterly)
28 April 2027 Report (Quarterly)
29 January 2027 Report (Quarterly)

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
© 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.