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Latrobe Magnesium Limited (ASX: LMG) - Share Price

Current share price for LMG : $0.015 0.001 (6.25%)+

Latrobe Magnesium Limited (LMG), an ASX-listed company, 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) 46
LMG Share Price $0.015
Day High $0.015
Day Low $0.014
Last Close $0.016
LMG Share Price Movement $0.00 ( 6.25% )
Prices as at 16:40, 19 Jun 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 - Investor Presentation
Latrobe Magnesium Limited (LMG) presented their innovative approach to producing magnesium
Latrobe Magnesium Limited (LMG)
30 Apr 2026 | 9:36 AM
LMG - Quarterly Activities/Appendix 5B Cash Flow Report
Latrobe Magnesium Limited (LMG) has reported significant progress in its quarterly activit
Latrobe Magnesium Limited (LMG)
29 Apr 2026 | 9:49 AM
LMG - MX Prepayment
Latrobe Magnesium Limited (LMG) has strengthened its commercial relationship with U.S. dis
Latrobe Magnesium Limited (LMG)
31 Mar 2026 | 9:30 AM
LMG - High Grade MgO Produced
Latrobe Magnesium Limited (LMG) announced the successful continuous production of high-gra
Latrobe Magnesium Limited (LMG)
24 Mar 2026 | 9:39 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 $47 Magnesium Metal Update 19 May 2026 9:27AM $0.018 $0.015 fallen by 16.67%
Latrobe Magnesium Limited (LMG)
ORDINARY FULLY PAID
Materials $47 Investor Presentation 30 Apr 2026 9:36AM $0.019 $0.015 fallen by 21.05%
Latrobe Magnesium Limited (LMG)
ORDINARY FULLY PAID
Materials $47 Quarterly Activities/Appendix 5B Cash Flow Report 29 Apr 2026 9:49AM $0.018 $0.015 fallen by 16.67%
Latrobe Magnesium Limited (LMG)
ORDINARY FULLY PAID
Materials $47 Application for quotation of securities - LMG 21 Apr 2026 12:52PM $0.020 $0.015 fallen by 23.08%
Latrobe Magnesium Limited (LMG)
ORDINARY FULLY PAID
Materials $47 Proposed issue of securities - LMG 21 Apr 2026 11:59AM $0.020 $0.015 fallen by 25%
Latrobe Magnesium Limited (LMG)
ORDINARY FULLY PAID
Materials $47 MX Prepayment 31 Mar 2026 9:30AM $0.020 $0.015 fallen by 25%

LMG Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
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%
2023A -$2.44 -$0.20 -28.60% 0.00 0.00 0.00% 0.0%

LMG Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2023 A 2024 A 2025 A 2023 A 2024 A 2025 A 2023 A 2024 A 2025 A
BHP Group Limited (BHP) $330,494M -0.1829 0.1376 0.0729 20.8615 18.3382 17.0928 3.26% 3.26% 3.10%
Latrobe Magnesium Limited (LMG) $50M -0.5600 0.0000 0.0000 0.0000 0.0000 0.0000 0.00% 0.00% 0.00%
PLS Group Limited (PLS) $19,874M -1.7456 0.0000 1.4113 0.0000 38.3945 15.9226 0.00% 0.29% 0.69%
Rio Tinto Limited (RIO) $68,077M -0.1811 0.1937 0.0417 18.3938 15.4093 14.7923 3.28% 3.57% 3.72%
South32 Limited (S32) $19,068M 1.6398 0.3268 0.3947 21.2394 16.0075 11.4772 2.33% 2.54% 4.46%

LMG Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.00 0.00 0.82 0.00
Market 0.29 13.20 1.17 0.67
Sector 1.81 14.80 1.67 0.30

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 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 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
28 April 2027 Report (Quarterly)
29 January 2027 Report (Quarterly)
28 October 2026 Report (Quarterly)
29 September 2026 Report (Annual)
29 July 2026 Report (Quarterly)

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