Latrobe Magnesium Limited (LMG.AX)
Extracts magnesium metal from industrial waste in Australia.
0.01+0.00%Basic Materials
StockGlow Score
Leaning Bearish
BearishBullish
1 year ago-26.7%
The outlook
LMG.AX is trading near its 52-week low, well below both its 50- and 200-day moving averages, with a bearish lean from current technicals. Analyst coverage shows an average price target around 445% above the current price, though this wide gap reflects the stock's distressed positioning. The overall sentiment leans cautious based on recent price action and trend weakness.
What’s behind the score
Price trendBelow its 50- & 200-day averages
52-week range3% of the way from its 52-week low to high
Price targetAvg target +445% vs current price
Market cap
$37.6M
52-wk high
0.04
52-wk low
0.01
50-day avg
0.01
200-day avg
0.02
Trailing P/E
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