Legacy Iron Ore Share Price and Company Fundamentals
Last traded: Today at 5:59 AM
Legacy Iron Ore Limited engages in the exploration, evaluation, and development of mineral properties in Australia. It primarily explores for iron, gold, base metals, tungsten, and manganese, as well as rare earth metals. The company's projects include the Mt Bevan iron ore project, and Pilbara iron ore and manganese projects located in Western Australia; the South Laverton gold project covering an area of 460 square kilometers located in the South Laverton region; and the East Kimberley project comprising three exploration licenses located in the Halls Creek area. It also owns interest in the Mt Bradley rare earth metal project located in Australia. The company was incorporated in 2007 and is based in Perth, Australia. Legacy Iron Ore Limited is a subsidiary of NMDC Limited.
|Primary activities||Iron ore, gold and base metals exploration.|
|Industry / Sector||Other Industrial Metals & Mining / Basic Materials|
|Mailing address||200 Adelaide Terrace Level 6 Perth WA 6004 Australia|
|Phone / Fax||61 8 9421 2000 / 61 8 9421 2001|
|Share registry||AUTOMIC REGISTRY SERVICES|
|29 Jun 2022||Annual Report to shareholders|
Legacy Iron Ore paid $0.00 dividend and the ex-dividend date was .The dividend payout ratio is 0.00%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.LCY dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
LCY's forward dividend amount is $ and the forward dividend yield is . A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
As of Aug 2022, following are the company executives and directors listed on Legacy Iron Ore.
|Mr. Rakesh Gupta||CEO & Exec. Director||289.76k|
|Mr. Koteswara Rao Gollapall||Fin. Mang.|
|Mr. Benjamin Patrick Donovan A.C.I.S., B.Com., B.Comm (Hons)||Company Sec.||42|
Profitability and management effectiveness
Return on assets
Return on equity
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Legacy Iron Ore is and its enterprise value is .
The LCY's stocks Beta value is 2.14 making it 114% more volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
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Legacy Iron Ore (ASX:LCY) Frequently Asked Questions
1. What is Legacy Iron Ore's Stock Symbol?
Legacy Iron Ore trades on ASX under the ticker symbol "LCY".
2. What is Legacy Iron Ore's stock price today?
One share of LCY stock can currently be purchased for approximately $0.022.
3. How can I contact Legacy Iron Ore?
Legacy Iron Ore's mailing address is 200 Adelaide Terrace Level 6 Perth WA 6004 Australia. The company can be reached via phone at 61 8 9421 2000.
4. What is Legacy Iron Ore's official website?
The official website of Legacy Iron Ore is https://www.legacyiron.com.au.
5. Which share registry manages Legacy Iron Ore's stock?
Legacy Iron Ore's stock is managed by AUTOMIC REGISTRY SERVICES.