Latrobe Magnesium Limited (LMG)



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General Information
Company Name: Latrobe Magnesium Limited
Stock Code: LMG
Website: www.latrobemagnesium.com
GICS Sub-Industry: Gold
Market Cap ($M): 6
Equiv. Shares (M): 927

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
$ 0.006 $ 0.006 $ 0.006 $ 0.006 $ 0.006 310,000 0%

Company Overview

Business Description:
Latrobe Magnesium Limited (LMG) is a magnesium development company which owns a worldwide patent for Hydromet Process used to produce material for the production of magnesium. The Company is currently focusing on the development of a magnesium production plant within its flagship Latrobe Magnesium Project, located in Latrobe Valley, Victoria.


Financial Summary
Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2013  A -0.7 -0.1 -- 0.0 0.0 0.0 --
2012  A -1.0 -0.1 -- 0.0 0.0 0.0 --
2011  A -0.6 -0.1 -- 0.0 0.0 0.0 --
Source: Aspect actuals / Thomson IBES estimates

Peer Comparison
EPS Growth (%) P/E (%) Dividend Yield (%)
Company Mkt Cap 2011 A 2012 F 2013 F 2011 A 2012 F 2013 F 2011 A 2012 F 2013 F
Latrobe Magnesium (LMG) $6 M -- -- -- -- -- -- 0.00 -- --
Newcrest Mining (NCM) $8,424 M -0.0429 -0.4010 0.9920 19.4996 32.5533 16.3420 0.00 0.00 1.80
Northern Star Resources (NST) $1,013 M 0.2941 -0.1136 4.7214 26.1364 29.4872 5.1539 2.03 1.72 4.75
OZ Minerals (OZL) $1,314 M -- -- -0.6486 -- 86.9478 247.4286 4.62 4.62 3.45
Regis Resources (RRL) $892 M 0.9835 -0.5477 0.1322 5.9283 13.1057 11.5759 8.40 0.64 NaN

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
LMG 3.00 -- 0.78 -- --
Market 1.18 13.9 1.00 0.92 3.57
Sector 0.78 12.8 0.69 1.06 5.00

Directors
Name Position Start Date
Mr David Oliver Paterson Executive Chairman 23 August 2002
Mr Kevin Anthony Torpey Non-Executive Director 11 April 2002
Mr Philip Francis Bruce Non-Executive Director 04 September 2003
Mr John Robert Lee Non-Executive Director,Company Secretary 10 December 2010

Management
Name Position
David L Hughes Company Secretary

Substantial Shareholders
Holding Name
54,457,232 (7.26%) Rimotran Pty Limited
81,656,396 (10.79%) Fammallon Pty Ltd

Calendar of Events
Date Event
24 July 2015 Report (Quarterly)
27 April 2015 Report (Quarterly)
14 January 2015 Report (Quarterly)
02 October 2014 Report (Quarterly)
© 2011 Morningstar, Inc. All rights reserved. The data and content contained herein are not guaranteed to be accurate, complete or timely. Neither Morningstar, nor its affiliates nor their content providers will have any liability for use or distribution of any of this information. To the extent that any of the content above constitutes advice, it is general advice that has been prepared by Morningstar Australasia Pty Ltd ABN: 95 090 665 544, AFSL: 240892 (a subsidiary of Morningstar, Inc.), without reference to your objectives, financial situation or needs. Before acting on any advice, you should consider the appropriateness of the advice and we recommend you obtain financial, legal and taxation advice before making any financial investment decision. If applicable investors should obtain the relevant product disclosure statement and consider it before making any decision to invest. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). DISCLOSURE: Employees may have an interest in the securities discussed in this report. Please refer to our Financial Services Guide (FSG) for more information at www.morningstar.com.au/fsg.asp.

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