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Latrobe Magnesium Limited (ASX: LMG) - Share Price and Research

Current share price for LMG : $0.027 0.001 (3.57%)+

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) 71
LMG Share Price $0.027
Day High $0.031
Day Low $0.026
Last Close $0.028
LMG Share Price Movement $0.00 ( 3.57% )
Prices as at 16:40, 20 Aug 2025
+Security prices are delayed by at least 20 minutes and are indicative only.
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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) price-sensitive announcements

LMG - LMG EPA Pilot Project License Approval
Latrobe Magnesium Limited (LMG) announced it has received its Environment Protection Autho
Latrobe Magnesium Limited (LMG)
18 Aug 2025 | 9:06 AM
LMG - Quarterly Activities/Appendix 5B Cash Flow Report
Latrobe Magnesium Limited (LMG) provided its Quarterly Activities and Appendix 5B Cash Flo
Latrobe Magnesium Limited (LMG)
30 Jul 2025 | 9:59 AM
LMG - LMG/ EPA Pilot License Extension
Latrobe Magnesium Limited (LMG) has announced the extension of its Pilot Plant Environment
Latrobe Magnesium Limited (LMG)
28 Jul 2025 | 9:31 AM
LMG - Response to ASX Price Query
Latrobe Magnesium Limited (LMG) responded to an ASX Price Query following a notable increa
Latrobe Magnesium Limited (LMG)
23 Jul 2025 | 9:39 AM

See more price-sensitive ASX announcements or use our ASX Announcements tool to search for announcements across all ASX-listed securities.

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 $71 LMG EPA Pilot Project License Approval 18 Aug 2025 9:06AM $0.017 $0.027 risen by 58.82%
Latrobe Magnesium Limited (LMG)
ORDINARY FULLY PAID
 Materials $71 Application for quotation of securities - LMG 4 Aug 2025 11:07AM $0.015 $0.027 risen by 80%
Latrobe Magnesium Limited (LMG)
ORDINARY FULLY PAID
 Materials $71 Proposed issue of securities - LMG 4 Aug 2025 9:01AM $0.015 $0.027 risen by 80%
Latrobe Magnesium Limited (LMG)
ORDINARY FULLY PAID
 Materials $71 Quarterly Activities/Appendix 5B Cash Flow Report 30 Jul 2025 9:59AM $0.015 $0.027 risen by 80%
Latrobe Magnesium Limited (LMG)
ORDINARY FULLY PAID
 Materials $71 LMG/ EPA Pilot License Extension 28 Jul 2025 9:31AM $0.016 $0.027 risen by 68.75%
Latrobe Magnesium Limited (LMG)
ORDINARY FULLY PAID
 Materials $71 Response to ASX Price Query 23 Jul 2025 9:39AM $0.016 $0.027 risen by 68.75%

LMG Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2024A -$4.74 -$0.30 73.30% 0.00 0.00 0.00% 0.0%
2023A -$2.44 -$0.20 -28.60% 0.00 0.00 0.00% 0.0%
2022A -$3.21 -$0.20 16.70% 0.00 0.00 0.00% 0.0%

LMG Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2022 A 2023 A 2024 A 2022 A 2023 A 2024 A 2022 A 2023 A 2024 A
BHP Group Limited (BHP) $210,501M 0.0143 -0.1882 -0.0041 10.1164 12.4621 12.5140 5.31% 3.23% 3.09%
Latrobe Magnesium Limited (LMG) $58M 0.7333 0.0000 0.0000 0.0000 0.0000 0.0000 0.00% 0.00% 0.00%
Lynas Rare Earths Limited (LYC) $13,817M -0.7326 0.0000 0.0000 162.8445 0.0000 82.0556 0.00% 0.00% 0.00%
Rio Tinto Limited (RIO) $42,059M 0.2336 -0.5522 -0.0163 9.3212 20.8157 21.1598 5.71% 2.88% 2.84%
South32 Limited (S32) $13,196M -0.7616 1.2480 -0.1162 38.6544 17.1948 19.4555 1.80% 1.71% 1.26%

LMG Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 1.29 0.00 1.47 0.00
Market 0.23 14.00 1.14 0.67
Sector 2.18 13.60 1.20 0.34

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
12 Aug 2024 MURRAY, John (Jock) Issued Indirect Shares 2,475,556 $0.049 $121,333.355
12 Aug 2024 PATERSON, David Issued Direct Shares 1,086,206 $0.050 $54,310.300
12 Aug 2024 CHURCH, Peter Issued Indirect Shares 938,889 $0.047 $44,333.365

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
146,769,394 (6.25%) Rimotran Pty Limited

LMG Calendar of Events

Date Event
29 July 2026 Report (Quarterly)
29 April 2026 Report (Quarterly)
29 January 2026 Report (Quarterly)
24 October 2025 Report (Quarterly)
29 September 2025 Report (Annual)

FAQs about Latrobe Magnesium Limited (LMG)

Latrobe Magnesium Limited's (LMG) current share price is $0.03. This constitutes a price movement of 58.82% when compared to the share price 7 days ago and is -37.21% below LMG's 12-month high of $0.04 per share. Prices are delayed by at least 20 minutes.

Relative to the previous close share price of $0.03, Latrobe Magnesium Limited's (LMG) current share price of $0.03 constitutes a movement of $0.00 or -3.57%. Latrobe Magnesium Limited's (LMG) share price movement is 58.82% when compared to 7 days ago and is -37.21% below LMG's 52-week high of $0.04.

Latrobe Magnesium Limited's (LMG) 52-week high is $0.04 which was reached on 2 Oct 2024. Relative to this, LMG's current share price of $0.03 constitutes a -$0.02 or -37.21% drop since that high of $0.04 per LMG share.

Latrobe Magnesium Limited's (LMG) 52-week low is $0.01 which was reached on 19 Jun 2025. Relative to this, LMG's current share price of $0.03 constitutes a $0.02 or 237.50% gain since that low of $0.01 per LMG share.

Over the last 12 months, Latrobe Magnesium Limited (LMG) has a daily average trading volume of 2,154,701 LMG shares per day.

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.

Latrobe Magnesium Limited (LMG) will release its next Annual Report on 29 September 2025. Latrobe Magnesium Limited's (LMG) last annual report was released on 30 Sep 2024. Click here to view Latrobe Magnesium Limited's (LMG) last annual report.

Latrobe Magnesium Limited (LMG) is classified as Materials. Other companies in this sector include BHP Group Limited (BHP), Fortescue Ltd (FMG), Rio Tinto Limited (RIO), and Northern Star Resources Ltd (NST).

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.

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