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How to buy Latrobe Magnesium (LMG) shares in Australia

Learn how to easily invest in Latrobe Magnesium shares.

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 $1.9 million. If you're looking to buy shares, check out the steps below.

How to buy shares in Latrobe Magnesium

To buy shares listed in Australia such as Latrobe Magnesium , you'll need to sign up to a broker with access to the ASX. Our table can help you compare share trading platforms and choose. Then follow these steps.

  1. Open and fund your brokerage account.
    Complete an application with your personal and financial details, including your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
  2. 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.
  3. 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. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
  4. 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.
  5. Check on your investment.
    Congratulations, you own a part of Latrobe Magnesium . Optimise your portfolio by tracking how your stock and 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 affect your stock.

Latrobe Magnesium stock price (ASX:LMG)

Use our graph to track the performance of LMG stocks over time.

Latrobe Magnesium shares at a glance

Information last updated 2024-06-13.
52-week range$0.041 - $0.075
50-day moving average $0.0513
200-day moving average $0.052
Target priceN/A
PE ratio N/A
Dividend yield N/A (0%)
Earnings per share (TTM) $0

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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
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Is it a good time to buy Latrobe Magnesium stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. 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

Historical closes compared with the last close of A$0.043

1 week (2024-06-06) -6.52%
1 month (2024-05-16) -21.82%
3 months (2024-03-15) -12.24%
6 months (2023-12-15) -24.56%
1 year (2023-06-16) -25.86%
2 years (2022-06-16) -28.33%
3 years (2021-06-16) 138.89%
5 years (2019-06-14) 616.67%

Latrobe Magnesium financials

Revenue TTM $1.9 million
Gross profit TTM $1.9 million
Return on assets TTM -4.47%
Return on equity TTM -31.21%
Profit margin 0%
Book value 0.014
Market capitalisation $94.2 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 $0.041 up to $0.075. A popular way to gauge a stock's volatility is its "beta".

LMG.AU volatility(beta: 1.26)Avg. volatility(beta: 1.00)LowHigh

Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Latrobe Magnesium 's is 1.255. 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. It holds interests in the Latrobe magnesium project located in the Latrobe Valley in Victoria. Latrobe Magnesium Limited was incorporated in 1986 and is based in Sydney, Australia.

Latrobe Magnesium in the news

There are no recent company news

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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