How to buy Latrobe Magnesium (LMG) shares
Learn how to easily invest in Latrobe Magnesium shares.
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Latrobe Magnesium is an other industrial metals & mining business based in Australia. Latrobe Magnesium shares (LMG) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian Dollars. Latrobe Magnesium has a trailing 12-month revenue of around $846,569. If you're looking to buy shares, check out the steps below.
How to buy shares in Latrobe Magnesium
- Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
- Search for Latrobe Magnesium . Find the share by name or ticker symbol: LMG. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Latrobe Magnesium reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
- Check in on your investment. Congratulations, you own a part of Latrobe Magnesium . Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
What's in this guide?
- Latrobe Magnesium key stats
- Compare share trading platforms
- Is Latrobe Magnesium stock a buy or sell?
- Latrobe Magnesium performance over time
- Latrobe Magnesium 's financials
- How volatile are Latrobe Magnesium shares?
- Does Latrobe Magnesium pay a dividend?
- Have Latrobe Magnesium shares ever split?
- Other common questions
Latrobe Magnesium stock price (ASX:LMG)Use our graph to track the performance of LMG stocks over time.
Latrobe Magnesium shares at a glance
|52-week range||$0.016 - $0.18|
|50-day moving average||$0.1018|
|200-day moving average||$0.0424|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$-0.002|
Compare share trading platforms
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
Is it a good time to buy Latrobe Magnesium stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Latrobe Magnesium price performance over time
|1 week (2022-01-13)||-4.00%|
|1 month (2021-12-23)||33.33%|
|3 months (2021-10-22)||287.10%|
|6 months (2021-07-23)||605.88%|
|1 year (2021-01-22)||400.00%|
|2 years (2020-01-23)||990.91%|
|3 years (2019-01-23)||1,400.00%|
|5 years (2017-01-23)||445.45%|
Is Latrobe Magnesium under- or over-valued?
Valuing Latrobe Magnesium stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Latrobe Magnesium 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Latrobe Magnesium 's EBITDA
Latrobe Magnesium 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $6.8 million (£0.0 million).
The EBITDA is a measure of a Latrobe Magnesium 's overall financial performance and is widely used to measure a its profitability.
Latrobe Magnesium financials
|Gross profit TTM||$846,569|
|Return on assets TTM||-6.46%|
|Return on equity TTM||-88.04%|
|Market capitalisation||$196 million|
TTM: trailing 12 months
Latrobe Magnesium share dividends
We're not expecting Latrobe Magnesium to pay a dividend over the next 12 months.
Have Latrobe Magnesium 's shares ever split?
Latrobe Magnesium 's shares were split on 26 August 1997.
Latrobe Magnesium share price volatility
Over the last 12 months, Latrobe Magnesium 's shares have ranged in value from as little as $0.016 up to $0.18. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Latrobe Magnesium 's is 1.2758. This would suggest that Latrobe Magnesium 's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Latrobe Magnesium overview
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.
Stocks similar to Latrobe Magnesium
Latrobe Magnesium in the news
Latrobe Magnesium : Application for quotation of securities - LMG
Latrobe Magnesium : Annual General Meeting Presentation
Frequently asked questions
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