SmallCaps
ASX:LMGMaterialsDiversified Metals & Mining

Latrobe Magnesium Ltd

$0.013
+$0.001 (+8.33%)
Day Range
$0.012 – $0.014
52 Week Range
$0.008 – $0.044
Volume
11.65M
Avg Volume (10D)
3.15M
Market Cap
$40.68M

Price Chart

OHLC · volume · moving averages

$0.013-$0.008 (-38.10%)over 6M
Hi$0.028Lo$0.012
Price-sensitive newsVolumePrev close · 52W range

Market Statistics

Today's trading range

Open
$0.013
Previous Close
$0.012
Day High
$0.014
Day Low
$0.012
52 Week High
$0.044
52 Week Low
$0.008

Valuation

Fundamental multiples

Market Cap
40.68M
Shares Outstanding
3.13B
Price to Book
0.77

Trading Activity

Volume & order book

Volume
11.65M
Value Traded
151.75K
Bid
$0.012 × 6,495,868
Ask
$0.014 × 2,087,726

Performance

Returns across timeframes

1 Day
-6.67%
5 Day
-12.50%
13 Week
-17.65%
52 Week
56.68%
YTD
-33.33%

Technical Indicators

Momentum & moving averages

RSI (14)
36.34
50-Day SMA
$0.018
200-Day SMA
$0.022

— From the desk

Latest News

Latrobe Magnesium advances Victorian demonstration plant with key upgrades and readiness plan
Mining & Resources

Latrobe Magnesium advances Victorian demonstration plant with key upgrades and readiness plan

Engineering and construction work at Latrobe Magnesium’s (ASX: LMG) demonstration plant project in Victoria has focused on minor Stage 1A upgrades observed during the commissioning trial to improve plant operability and efficiency. The Stage 1A modifications were carried out alongside limited construction for Stage 1B during the quarter to maintain continuity and experience within the […]

Latrobe Magnesium increases project funding and targets next phase of MgO production
Mining & Resources

Latrobe Magnesium increases project funding and targets next phase of MgO production

Latrobe Magnesium (ASX: LMG) has negotiated a $3 million increase in its project finance facility to provide a funding buffer as it wraps up activities at its innovative Victorian plant. The funding facility now sits at $28m and Latrobe has also successfully extended its maturity date by nine months to 31 December 2027. The change […]

Latrobe Magnesium on track for October production start at Victorian MgO plant
Mining & Resources

Latrobe Magnesium on track for October production start at Victorian MgO plant

Latrobe Magnesium (ASX: LMG) is on target to achieve the official handover of its stage 1 magnesium oxide (MgO) demonstration plant in Victoria and the start-up of 1,000 tonnes per annum production in early October. With only ten long-lead equipment items and minor works outstanding in the construction and commissioning of the plant, Latrobe expects […]

Latrobe Magnesium moves closer to start of production at Stage 1 demonstration plant
Mining & Resources

Latrobe Magnesium moves closer to start of production at Stage 1 demonstration plant

Latrobe Magnesium (ASX: LMG) will progress its demonstration plant in Victoria’s Latrobe Valley towards continuous operation of magnesium oxide production in September, with revenue from sales expected in the near term. The company completed the commissioning stages of the plant during the June quarter, successfully producing magnesium oxide with more than 80% purity to meet […]