ASX:LMGMaterialsDiversified Metals & MiningLive

Latrobe Magnesium Ltd

Latrobe Magnesium Limited is an Australia-based company, which is developing a magnesium metal Demonstration Plant in Victoria's Latrobe Valley using its patented extraction process.

$0.016↑ ⁠$0.001 (3.33%)AUD · Open
-71.2%52-week return
Day Range
$0.016 – $0.016
52 Week Range
$0.007 – $0.044
Volume
48.65K
Avg Volume (10D)
7.63M
Market Cap
$58.08M
The company

The business

What Latrobe Magnesium Ltd does

Latrobe Magnesium Limited is an Australia-based company, which is developing a magnesium metal Demonstration Plant in Victoria's Latrobe Valley using its patented extraction process. The Company intends to extract and sell magnesium metal and cementitious material from industrial ash, which is a waste resource from brown coal power generation. The Company's byproducts include supplementary cementitious material (SCM), silica, char, iron oxide and calcium carbonate. It is also developing an International Mega Plant (magnesium metal) in the state of Sarawak, Malaysia via its wholly owned subsidiary company Latrobe Magnesium Sarawak Sdn Bhd.

Incorporated
AUS
Public since
1986-12-18
Shareholders
6,970
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Share price & key data

Share price

OHLC · volume · moving averages
$0.016-$0.005 (-22.50%)over 6M
Hi$0.021Lo$0.007
Price-sensitive newsVolumePrev close · 52W range

Market Statistics

Today
Open
$0.016
Prev Close
$0.015
Day High
$0.016
Day Low
$0.016
52wk High
$0.044
52wk Low
$0.007

Valuation

Multiples
Market Cap
$58.08M
Shares Out
3.75B
Price/Book
0.44

Trading Activity

Volume & book
Volume
48.65K
Value Traded
$768.13
Bid
$0.015 × 7,939,193
Ask
$0.016 × 3,129,099
Avg Vol 10D
7.63M

Performance

Total return
1 Day
-11.11%
5 Day
+0.00%
13 Week
-55.56%
52 Week
-71.22%
YTD
-61.90%
Peers & news

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