Latrobe Magnesium Ltd (ASX: LMG) Share Price and News

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Latrobe Magnesium Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $53.17 million
P/E Ratio 4.78
Dividend Yield 0.00%
Shares Outstanding 3.13 billion
Earnings per share -0.001
Dividend per share N/A
Year To Date Return -19.05%
Earnings Yield 20.91%
Franking -
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as at 24 Feb 3:44pm

Latrobe Magnesium Ltd (ASX: LMG)
Latest News

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Resources Shares

Why is the Latrobe Magnesium (ASX:LMG) share price on the slide today?

What did the company announce?

Read more »

Worker in hard hat looks puzzled with one hand on chin
Resources Shares

Here's why the Latrobe Magnesium (ASX:LMG) share price is tumbling 7% today

The magnesium extraction company is seeing its share price plunge today.

Read more »

Australian Strategic Materials employee wearing a hard hat at a mine looks into the distance as he checks a folder.
Share Market News

What's happening to the Latrobe Magnesium (ASX:LMG) share price today?

Latrobe Magnesium updated investors on a property purchase today.

Read more »

A stockmarket chart on a red background with an arrow going down, indicating falling share price
Materials Shares

Here's why the Latrobe Magnesium (ASX:LMG) share price is sinking 7% today

Here's what's weighing on the company's stock today.

Read more »

Graph showing a fall in share price.
Materials Shares

Why is the Latrobe Magnesium (ASX:LMG) share price down again today?

Shares are sliding but are holding gains from earlier this month.

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A group of happy office workers throw papers in the air and cheer.
Resources Shares

Why the Latrobe Magnesium (ASX:LMG) share price bolted 38% today

The company's share price soared to its highest point in 21 years this morning.

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Factory worker wearing hardhat and uniform showing new metal products to the manager supervisor.
Materials Shares

Why the Latrobe Magnesium (ASX:LMG) share price rocketed 23% on Tuesday

Today's gains in Latrobe Magnesium make now make it a near 7 bagger in less than 12 months...

Read more »

a man in a hard hat and overalls raises his arms and holds them out wide as he smiles widely in an optimistic and welcoming gesture.
Resources Shares

Why are ASX magnesium miners getting so much love this week?

Magnesium shares are running hot as China pours water on potential for increased production...

Read more »

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Share Gainers

ASX magnesium shares are going gangbusters. What's happening?

China's monopoly on materials is sending magnesium prices through the roof...

Read more »

LMG ASX Announcements

An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.

DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
YesNo

About Latrobe Magnesium Ltd

Latrobe Magnesium Ltd develops a magnesium production plant. The company aims to produce magnesium metal from fly ash at its flagship Latrobe Magnesium Project, located in Victoria. The company converts fly ash into valuable products, including magnesium metal, Supplementary Cementitious Material (SCM), silica, char, iron oxide, and calcium carbonate.

LMG Share Price History Data provided by Morningstar.

Data provided by Morningstar.
Date Close Change % Change Volume Open High Low
27 Mar 2026 $0.02 $0.00 0.00% 1,553,160 $0.02 $0.02 $0.02
26 Mar 2026 $0.02 $0.00 0.00% 1,050,265 $0.02 $0.02 $0.02
25 Mar 2026 $0.02 $0.00 0.00% 4,032,135 $0.02 $0.02 $0.02
24 Mar 2026 $0.02 $0.00 0.00% 4,071,998 $0.02 $0.02 $0.02
23 Mar 2026 $0.02 $0.00 0.00% 1,610,320 $0.02 $0.02 $0.02
20 Mar 2026 $0.02 $0.00 0.00% 5,739,827 $0.02 $0.02 $0.02
19 Mar 2026 $0.02 $0.00 0.00% 5,392,525 $0.02 $0.02 $0.02
18 Mar 2026 $0.02 $0.00 0.00% 4,625,331 $0.02 $0.02 $0.02
17 Mar 2026 $0.02 $0.00 0.00% 1,950,957 $0.02 $0.02 $0.02
16 Mar 2026 $0.02 $0.00 0.00% 7,127,295 $0.02 $0.02 $0.02
13 Mar 2026 $0.02 $0.00 0.00% 344,651 $0.02 $0.02 $0.02
12 Mar 2026 $0.02 $0.00 0.00% 1,907,976 $0.02 $0.02 $0.02
11 Mar 2026 $0.02 $0.00 0.00% 2,012,223 $0.02 $0.02 $0.02
10 Mar 2026 $0.02 $0.00 0.00% 2,783,835 $0.02 $0.02 $0.02
09 Mar 2026 $0.02 $0.00 0.00% 4,730,183 $0.02 $0.02 $0.02
06 Mar 2026 $0.02 $0.00 0.00% 5,041,403 $0.02 $0.02 $0.02
05 Mar 2026 $0.02 $0.00 0.00% 1,558,237 $0.02 $0.02 $0.02
04 Mar 2026 $0.02 $0.00 0.00% 697,950 $0.02 $0.02 $0.02
03 Mar 2026 $0.02 $0.00 0.00% 7,802,862 $0.02 $0.02 $0.02
02 Mar 2026 $0.02 $0.00 0.00% 2,182,695 $0.02 $0.02 $0.02
27 Feb 2026 $0.02 $0.00 0.00% 21,563,201 $0.02 $0.02 $0.02
26 Feb 2026 $0.02 $0.00 0.00% 16,242,118 $0.02 $0.02 $0.02
25 Feb 2026 $0.02 $0.00 0.00% 7,595,843 $0.02 $0.02 $0.02

Director Transactions Data provided by Morningstar.

Data provided by Morningstar.
Date Director Type Amount Value Notes
27 Nov 2025 John Lee Issued 4,693,182 $51,625
As advised by the company. Securities acquired from the Company equity raising
27 Nov 2025 Philip Bruce Issued 2,934,091 $32,275
As advised by the company. Securities acquired from the Company equity raising
27 Nov 2025 David Paterson Issued 26,261,363 $288,874
As advised by the company. Securities acquired from the Company equity raising
27 Nov 2025 John (Jock) Murray Issued 5,068,182 $55,750
As advised by the company. Securities acquired from the Company equity raising
12 Nov 2025 David Paterson Issued 2,694,339 $61,969
Rights issue. As per announcement on 12-11-2025
12 Nov 2025 David Paterson Issued 4,274,303 $98,308
Rights issue. As per announcement on 12-11-2025

Directors & Management Data provided by Morningstar.

Data provided by Morningstar.
Name Title Start Date Profile
Mr John Robert Lee Non-Executive DirectorCompany Secretary Dec 2010
Mr Lee has a range of commercial skills and experiences in both the public and private sectors. He has held senior management roles in the Federal Department of Employment and Industrial Relations. He was also senior private secretary and principal adviser to Tony Street, a senior federal cabinet minister. In the private sector, Mr Lee has held a number of senior management positions with a number of corporations including Henry Jones IXL, Elders Building Supplies and Woolworths Limited. He is the founder of Stockholder Relations Pty Ltd, a management consultancy in corporate advisory, investor relations and corporate governance. He is Chairman of Risk Committee.
Mr Philip Francis Bruce Non-Executive Director Sep 2003
Mr Bruce is a director of P F Bruce & Associates, which provides corporate and project management services. He has over forty years resource industry experience in Australia, South Africa, West Africa, South America and Indonesia in project development and senior corporate management. He was the CEO of PT BHP Indonesia and managing director of Triako Resources Limited and Pure Alumina Limited. He also held Board positions with Ausmelt Limited, Buka Minerals Limited, Bassari Resources Limited, Ora Gold Limited and Archean Star Resources Inc. He was general manager of development for Plutonic Resources Limited and was technically responsible for acquisition and development of resource projects in its growth from $35 million to over $1 billion market capitalisation.
Mr David Oliver Paterson Executive DirectorChief Executive Officer Aug 2002
Mr Paterson prior to forming Europacific in 1990, was a group manager of the Corporate Services Division of Tricontinental Corporation Limited responsible for NSW and Queensland. He also worked for Coopers & Lybrand in Brisbane and Sydney in their Corporate Services Division. He has been involved in a range of corporate advisory assignments and underwritings for both debt and equity for a number of public and private companies. Mr Paterson has experience in the property and mining industries in relation to project financing, financial analysis, valuations and the raising of debt and equity.
Mr John (Jock) Stephen Murray Non-Executive DirectorNon-Executive Chairman Apr 2015
Mr Murray prior to his foray into business, had a military career over almost 30 years before retiring as a Colonel in 1994. He brings senior management and directorship experience with a focus on infrastructure, project management and freight logistics. He managed projects in his role with NSW Department for Transport including the production of a ten-year development plan for the State's transport infrastructure and services and chairing the $2 billion Parramatta Rail Link Company project. He acted as an adviser for operational planning and infrastructure for the Sydney, Beijing, and London Olympic Games. In addition to these roles, he held directorships including non-executive chairman of Omni Tanker Holding Pty Ltd, The Hills Motorway (M2) Limited and Country Pipelines Pty Ltd. He was on the board of Terminals Australia for five years. Roles currently held by Mr Murray include strategic adviser for law firm, King & Wood Mallesons in the government infrastructure sector.

Top Shareholders Data provided by Morningstar.

Data provided by Morningstar.
Name Shares Capital
Rimotran Pty Ltd <DP Super A/C> 103,395,522 3.92%
Contango Nominees Pty Limited 55,555,556 2.11%
BNP Paribas Nominees Pty Ltd <Clearstream> 47,918,915 1.82%
RnD Funding Pty Limited 47,899,019 1.82%
Gibbs Plumbing Services Pty Ltd <G Plumbing Ser Pl SF A/C> 45,000,000 1.71%
David Oliver Paterson 40,415,079 1.53%
Fantapants Pty Ltd <Macleod Family A/C> 40,000,000 1.52%
Dr Jason Michael Spencer and Dr Carolyn Jean Nelson 31,015,262 1.18%
Ableside Pty Ltd 29,776,638 1.13%
CSH Engineering Pty Ltd 29,522,919 1.12%
Mr Shenchen Gu 28,646,853 1.09%
10 Bolivianos Pty Ltd 27,676,099 1.05%
Citicorp Nominees Pty Limited 26,374,858 1.00%
Goldreef Corporation Pty Ltd 25,000,000 0.95%
Telunapa Pty Ltd <Telunapa Capital A/C> 24,500,000 0.93%
Edentower Pty Ltd 21,022,453 0.80%
Murraysetter Pty Ltd 20,191,115 0.77%
Mr Leslie Robert Knight and Mrs Heather Margery Knight and Mr Timothy Paul Knight 20,000,000 0.76%
Finclear Services Pty Ltd <Superhero Securities A/C> 18,840,398 0.72%
BNP Paribas Nominees Pty Ltd <HUB24 Custodial Serv Ltd> 17,541,697 0.67%

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