LGM Shares Legacy Minerals Holdings Limited
ASX · ASXLast in our picks 2026-10-04 — not in the current list; analysis below is from that screen
Turnaround optionality exists, but execution risk keeps it a speculative pick.
Future value: $0.42 (+229.41%) · 6-12 months · analyst consensus
Signal breakdown
- ▸Turnaround catalyst exists, but balance-sheet execution remains key.
- ▸Above 50-day MA (+5.5%)
- ▸~229% upside to price target
Is LGM a buy right now?
Trend: LGM is trading below the 50-day average (-20.83%), RSI 49 — neutral momentum, with a 3-month return of -17.39%.
Valuation & quality: Legacy Minerals Holdings Limited trades on forward P/E -11.7, price-to-book 0.96; fundamentals show net margin 0.0%, return on equity -11.2%, revenue growth 32.4% year on year.
Analyst consensus: 1 analysts have a mean 12-month price target of A$0.42 (+342.1% vs the last close; range A$0.42 – A$0.42), consensus rating “none”.
Our screen: BUY (score 2) — Turnaround optionality exists, but execution risk keeps it a speculative pick.
Computed from end-of-day data; not personal advice.
12-month price chart
Monthly returns
| Mar 26 | Apr 26 | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 | Oct 26 |
|---|---|---|---|---|---|---|---|
| -5.00% | -10.50% | -17.60% | -28.60% | +30.00% | -7.70% | +16.70% | -35.70% |
Fundamentals
Analyst price target
Technical signals
About Legacy Minerals Holdings Limited
Legacy Minerals Holdings Limited engages in the acquisition and exploration of gold, copper, and base metals projects in Australia. The company also explores for silver, zinc, lead, nickel, cobalt, and platinum group elements deposits. The company was founded in 2017 and is based in Sydney, Australia.
Sector: Basic Materials · Industry: Other Industrial Metals & Mining · Australia · Website
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Market data from end-of-day feeds; AI-generated research for educational purposes only — not investment advice.