LMG

LATROBE FPO [LMG]
Latrobe Magnesium Limited engages in the construction and commissioning of a production plant for the extraction of magnesium metal and by-products from magnesium rich waste feedstocks. It holds interests in the Latrobe magnesium project located in the Latrobe Valley in Victoria. The company was formerly known as Rambora Technologies Ltd. Latrobe Magnesium Limited was incorporated in 1986 and is based in Hazelwood, Australia.
Basic Materials · ASX Small Cap
$0.0110 -8.3%

Updated 22 Jul 2026 · Signals refresh every scan

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Active Signals

Bullish Signals

  • RSI drifting toward oversold territory — worth watching
  • MACD momentum is losing steam
  • Stochastic is deep in oversold territory — bounce conditions forming
  • Sitting right at the lower Bollinger Band — oversold and potentially ready to snap back
  • Above-average volume (1.8x) on a red day — sellers in control
  • Took a hit — down 21.4% over the last 5 days
  • Lagging the Small Ords index — relative strength of 0.83, underperforming its peers
  • Cash positive / operating cashflow positive
  • Pre-revenue with limited cash
  • Near 52-week low (3% of range)
  • Small-cap ($20-100M)
  • Capital raise activity (1 events)
  • Sentiment is mixed — no strong consensus either way
  • Pre-revenue company — Altman Z-Score not applicable
  • Penny stock risk ($0.012)
  • RBA hiking (-3pts)

Risk Signals

  • Trading below both moving averages — the trend is working against this one
  • Broke below 20-day support — that's a level the market was defending, and it just gave way
  • Below the 200-day average — the long-term trend is still working against it
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • Long-term momentum is negative — down 48% over the past year
  • The bigger volume days are the down days — volume-weighted momentum is negative (-1.18%/day)
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Recent Catalysts

NONE LMG Investor Webinar
NONE Notification regarding unquoted securities - LMG
NONE Cleansing Statement

Recent ASX Announcements

2026-07-20 LMG Investor Webinar
2026-07-13 Notification regarding unquoted securities - LMG
2026-07-13 Cleansing Statement
2026-07-13 Proposed issue of securities - LMG
2026-07-13 Terms of Unlisted Options

Key Metrics

$41.0M
Market Cap
3.7M
Avg Volume
1.8x
Vol Ratio
$0.01 — $0.04
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-6.5%
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandneutralFloat: 74%
LLeader vs LaggardlaggardRS: -19
IInstitutional SponsorshipweakInst: 0%
MMarket DirectionneutralNeutral

Sector: Basic Materials

506 tickers in this sector

View all Basic Materials signals →Browse all ASX tickers A–Z →
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