Latrobe Magnesium Ltd (ASX: LMG) Share Price and News

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Latrobe Magnesium Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $108.43 million
P/E Ratio 4.78
Dividend Yield 0.00%
Shares Outstanding 1.94 billion
Earnings per share -0.002
Dividend per share N/A
Year To Date Return -12.50%
Earnings Yield 20.91%
Franking -
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as at 24 Feb 3:44pm

  • Latrobe Magnesium Ltd (ASX: LMG)
    Latest News

    Bored man looking at his iMac with his head held in one hand feeling dismayed at AGL Energy's lower dividend
    Resources Shares

    Why is the Latrobe Magnesium (ASX:LMG) share price on the slide today?

    What did the company announce?

    Read more »

    Worker in hard hat looks puzzled with one hand on chin
    Resources Shares

    Here's why the Latrobe Magnesium (ASX:LMG) share price is tumbling 7% today

    The magnesium extraction company is seeing its share price plunge today.

    Read more »

    Australian Strategic Materials employee wearing a hard hat at a mine looks into the distance as he checks a folder.
    Share Market News

    What's happening to the Latrobe Magnesium (ASX:LMG) share price today?

    Latrobe Magnesium updated investors on a property purchase today.

    Read more »

    A stockmarket chart on a red background with an arrow going down, indicating falling share price
    Materials Shares

    Here's why the Latrobe Magnesium (ASX:LMG) share price is sinking 7% today

    Here's what's weighing on the company's stock today.

    Read more »

    Graph showing a fall in share price.
    Materials Shares

    Why is the Latrobe Magnesium (ASX:LMG) share price down again today?

    Shares are sliding but are holding gains from earlier this month.

    Read more »

    A group of happy office workers throw papers in the air and cheer.
    Resources Shares

    Why the Latrobe Magnesium (ASX:LMG) share price bolted 38% today

    The company's share price soared to its highest point in 21 years this morning.

    Read more »

    Factory worker wearing hardhat and uniform showing new metal products to the manager supervisor.
    Materials Shares

    Why the Latrobe Magnesium (ASX:LMG) share price rocketed 23% on Tuesday

    Today's gains in Latrobe Magnesium make now make it a near 7 bagger in less than 12 months...

    Read more »

    a man in a hard hat and overalls raises his arms and holds them out wide as he smiles widely in an optimistic and welcoming gesture.
    Resources Shares

    Why are ASX magnesium miners getting so much love this week?

    Magnesium shares are running hot as China pours water on potential for increased production...

    Read more »

    Group of thoughtful business people with eyeglasses reading documents in the office.
    Share Gainers

    ASX magnesium shares are going gangbusters. What's happening?

    China's monopoly on materials is sending magnesium prices through the roof...

    Read more »

    LMG ASX Announcements

    An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.

    DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
    YesNo

    About Latrobe Magnesium Ltd

    Latrobe Magnesium Ltd develops a magnesium production plant. The company aims to produce magnesium metal from fly ash, a power plant waste product and environmental pollutant at its flagship Latrobe Magnesium Project, located in Victoria. The company is also developing RWE Power project in Germany.

    LMG Share Price History Data provided by Morningstar.

    Data provided by Morningstar.
    Date Close Change % Change Volume Open High Low
    27 May 2024 $0.06 $0.00 0.00% 376,378 $0.06 $0.06 $0.06
    24 May 2024 $0.06 $0.00 0.00% 753,603 $0.06 $0.06 $0.06
    23 May 2024 $0.06 $0.00 0.00% 177,780 $0.06 $0.06 $0.06
    22 May 2024 $0.06 $0.00 0.00% 1,282,577 $0.06 $0.06 $0.06
    21 May 2024 $0.06 $0.00 0.00% 1,835,636 $0.06 $0.07 $0.06
    20 May 2024 $0.06 $0.00 0.00% 2,417,406 $0.06 $0.06 $0.06
    17 May 2024 $0.06 $0.00 0.00% 3,497,188 $0.06 $0.06 $0.06
    16 May 2024 $0.06 $0.00 0.00% 512,882 $0.05 $0.06 $0.05
    15 May 2024 $0.05 $0.00 0.00% 388,724 $0.06 $0.06 $0.05
    14 May 2024 $0.05 $-0.01 -17.24% 3,593,635 $0.06 $0.06 $0.05
    13 May 2024 $0.06 $0.01 19.61% 9,559,015 $0.07 $0.07 $0.06
    10 May 2024 $0.05 $0.00 0.00% 496,150 $0.05 $0.05 $0.05
    09 May 2024 $0.05 $0.00 0.00% 572,336 $0.05 $0.05 $0.05
    08 May 2024 $0.05 $0.00 0.00% 260,762 $0.05 $0.05 $0.05
    07 May 2024 $0.05 $0.00 0.00% 391,976 $0.05 $0.05 $0.05
    06 May 2024 $0.05 $0.00 0.00% 815,580 $0.05 $0.05 $0.05
    03 May 2024 $0.05 $0.00 0.00% 875,114 $0.05 $0.05 $0.05
    02 May 2024 $0.05 $0.00 0.00% 323,888 $0.05 $0.05 $0.05
    01 May 2024 $0.05 $0.00 0.00% 1,223,576 $0.05 $0.05 $0.05
    30 Apr 2024 $0.05 $0.00 0.00% 253,716 $0.05 $0.05 $0.05

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    28 Nov 2023 Peter Church Buy 400,000 $24,400
    On-market trade.
    31 Jul 2023 John Lee Buy 500,000 $29,000
    On-market trade.

    Directors & Management Data provided by Morningstar.

    Data provided by Morningstar.
    Name Title Start Date Profile
    Mr John Robert Lee Non-Executive DirectorCompany Secretary Dec 2010
    Mr Lee has a range of commercial skills and experiences in both the public and private sectors. He has held senior management roles in the Federal Department of Employment and Industrial Relations. He was also senior private secretary and principal adviser to Tony Street, a senior federal cabinet minister. In the private sector, Mr Lee has held a number of senior management positions with a number of major corporations including Henry Jones IXL, Elders Building Supplies and Woolworths Limited. He is the founder of Stockholder Relations Pty Ltd, a management consultancy specialising in corporate advisory, investor relations and corporate governance.
    He is Chairman of Risk Committee.
    Mr Philip Francis Bruce Non-Executive Director Sep 2003
    Mr Bruce is a director of P F Bruce & Associates, which provides corporate and project management services. He is a mining engineer with over thirty years resource industry experience in Australia, South Africa, West Africa, South America and Indonesia in project development and corporate management. He was the CEO of PT BHP Indonesia and managing director of Triako Resources Limited and Pure Alumina Limited. He also held Board positions with Ausmelt Limited, Buka Minerals Limited, Bassari Resources Limited and Archean Star Resources Inc. He was general manager of development for Plutonic Resources Limited and was technically responsible for acquisition and development of resource projects in its growth from $35 million to over $1 billion market capitalisation. Former public company directorships in last 3 years include Director of Ora Gold Limited.
    Mr David Oliver Paterson Executive DirectorChief Executive Officer Aug 2002
    Mr Paterson was a group manager of the Corporate Services Division of Tricontinental Corporation Limited responsible for NSW and Queensland. He also worked for Coopers & Lybrand in Brisbane and Sydney in their Corporate Services Division. He has been involved in a wide range of corporate advisory assignments and underwritings for both debt and equity for a number of public and private companies. Mr Paterson has experience in the property and mining industries in relation to project financing, financial analysis, valuations and the raising of debt and equity.
    Mr John (Jock) Stephen Murray Non-Executive DirectorNon-Executive Chairman Apr 2015
    Mr Murray had a military career over almost 30 years before retiring as a Colonel in 1994. He brings a wealth of senior management and directorship experience with a particular focus on infrastructure, project management and freight logistics. He managed numerous projects in his role with NSW Department for Transport including the production of a ten-year development plan for the State's transport infrastructure and services and chairing the $2 billion Parramatta Rail Link Company project. He acted as an adviser for operational planning and infrastructure for the Sydney, Beijing, and London Olympic Games. In addition to these roles, he held numerous directorships including non-executive chairman of Omni Tanker Holding Pty Ltd, The Hills Motorway (M2) Limited and Country Pipelines Pty Ltd. He was on the board of Terminals Australia for five years. Roles currently held by Mr Murray include strategic adviser for law firm, King & Wood Mallesons in the government infrastructure sector.
    Mr Peter Campbell Church Non-Executive Director Apr 2023
    Mr Church is the Executive Chairman of AFG Venture Group, an Australian and Asian corporate advisory firm with activities throughout Australia, Southeast Asia and India. He is a senior adviser to Stephenson Harwood, an English law firm with operations in multiple jurisdictions including, London, Hong Kong, Myanmar, and Singapore. Previously, Peter also served as the Asian Managing Partner of Freehills, Non-Executive Director of Northern Iron Limited, Non-Executive Director of The George Institute of Global Health, President of Australia Indonesia Business Council, and a member of several Federal Government Boards such as the Trade Policy advisory Committee. Peter served as a Director of OM Holdings Limited (OMH) for a period of 10 years which included the development and then operation of its Sarawak smelter operations. He retired from that role in 2021. His experience gained from developing OMH's activities in Sarawak will be of great advantage to LMG. Peter was awarded the Medal of the Order of Australia in 1994 by the Australian Government for promotion of business between Australia and Southeast Asia. He is a Fellow of the Australian Institute of Directors. Peter brings a breadth and depth of leadership, corporate advisory, legal and directorship experience in ten South East Asian countries, in particular Malaysia and the State of Sarawak.
    Ms Michelle Blackburn Non-Executive Director Sep 2022
    Ms Blackburn brings experience, covering a wide range of public and private industry sectors. She has had experience in complex environmental law and has represented Australian States and Federal governments and local and international legal entities over more than 20 years. Her early experience was in legal roles in the Victorian Government; before practicing for many years as a solicitor, including as a Senior Associate at Minter Ellison Lawyers; principal of her own legal practice in Gippsland and as a Partner at Corrs Chambers Westgarth, managing Victoria and Western Australian environment and planning teams. Michelle has been a Director of South Gippsland Water, Chairman of Lifeline Gippsland and a Director of Interchange Gippsland. She has also served as a Member of the Victorian Civil and Administrative Tribunal sitting in its planning and environment list.
    She is Chair of the Safety Health & Environment Committee.

    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    Rimotran Pty Ltd <Dp Super A/C> 107,025,522 6.20%
    Famallon Pty Ltd <Famallon No2 Super Fund A/C> 80,194,358 4.64%
    Rnd Funding Pty Limited 42,572,253 2.46%
    Gibbs Plumbing Services Pty Ltd <G Plumbing Ser Pl Sf A/C> 42,066,000 2.44%
    Bnp Paribas Nominees Pty Ltd Acf Clearstream 35,431,562 2.05%
    Csh Engineering Pty Ltd 29,522,919 1.71%
    Ableside Pty Ltd 27,776,639 1.61%
    Jj Wolfe Holdings Pty Limited <Wolfe Super Fund A/C> 22,699,299 1.31%
    David Oliver Paterson 22,553,969 1.31%
    Famallon Pty Ltd 19,915,956 1.15%
    Murraysetter Pty Ltd 17,715,559 1.03%
    Citicorp Nominees Pty Limited 17,016,166 0.99%
    Mr Leslie Robert Knight + Mrs Heather Margery Knight + Mr Timothy Paul Knight 14,000,000 0.81%
    Diazill Pty Limited <P B Superannuation Fund A/C> 13,665,986 0.79%
    Hsbc Custody Nominees (Australia) Limited 13,547,252 0.78%
    Rnd Funding Pty Limited i 11,452,344 0.66%
    Mrs Carmela Adele Murray 10,480,777 0.61%
    Mrs Robyn Ann Lys 10,000,000 0.58%
    Mr John Charles Catterson + Mrs Margaret Catterson <Catterson Super Fund A/C> 9,885,846 0.57%
    Lesley House Pty Ltd <Gronow Super Fund A/C> 9,500,000 0.55%

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