Latrobe Magnesium Share Price and Company Fundamentals



Price
$0.087
Change
-0.001 (-1.136%)
52 week
0.017 - 0.18

Last traded: Today at 5:01 AM

Latrobe Magnesium Limited engages in developing a magnesium production plant for the extraction of magnesium metal from fly ash resource in Germany. It holds interests in the Latrobe magnesium project located in the Latrobe Valley in Victoria. The company was incorporated in 1986 and is based in Sydney, Australia.

Key Metrics

PE ratio

5.22

PB ratio

12.52

Dividend yield

0.00%

Beta

1.61

Market cap

-

Enterprise value

-

Company profile

Primary activitiesMagnesium
Industry / SectorOther Industrial Metals & Mining / Basic Materials
Websitehttps://www.latrobemagnesium.com
Mailing address80 Clarence Street Suite 504 Level 5 Sydney NSW 2000 Australia
Phone / Fax61 2 8097 0250 / 61 2 9279 3854
Share registryCOMPUTERSHARE INVESTOR SERVICES PTY LIMITED

Dividends

More: Latrobe Magnesium Dividend history, yield and payout ratio

Dividend yield

0.00%

Dividend amount

$0.00

Payout ratio

0.00%

Latrobe Magnesium 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.LMG 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.

LMG'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.

Company Executives

As of Aug 2022, following are the company executives and directors listed on Latrobe Magnesium.

NameTitleAgeTotal Pay
Mr. David Oliver PatersonCEO & Exec. Director67311.6k
Mr. John Robert LeeCompany Sec. & Non-Exec. Director7426.81k
Mr. Ronan GillenChief Operating Officer
Mr. Jim SiemonTechnical Director
Mr. D. StewartTechnical Consultant

Profitability and management effectiveness

Profit margin

0.00%

Operating margin

-786.30%

Return on assets

-5.60%

Return on equity

-30.02%

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 Latrobe Magnesium is and its enterprise value is .

The LMG's stocks Beta value is 1.61 making it 61% 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.

Companies similar to Latrobe Magnesium (LMG)

Latrobe Magnesium (ASX:LMG) Frequently Asked Questions

1. What is Latrobe Magnesium's Stock Symbol?

Latrobe Magnesium trades on ASX under the ticker symbol "LMG".

2. What is Latrobe Magnesium's stock price today?

One share of LMG stock can currently be purchased for approximately $0.087.

3. How can I contact Latrobe Magnesium?

Latrobe Magnesium's mailing address is 80 Clarence Street Suite 504 Level 5 Sydney NSW 2000 Australia. The company can be reached via phone at 61 2 8097 0250.

4. What is Latrobe Magnesium's official website?

The official website of Latrobe Magnesium is https://www.latrobemagnesium.com.

5. Which share registry manages Latrobe Magnesium's stock?

Latrobe Magnesium's stock is managed by COMPUTERSHARE INVESTOR SERVICES PTY LIMITED.