Lunnon Metals Limited (LM8.AX)
Lunnon Metals Limited operates in the Industrial Materials industry of the Basic Materials sector, headquartered in West Perth, WA, AU. The stock last traded at $0.30, up 0.00% on the session, giving a market capitalisation of $68.1M. Its beta of -0.10 implies it has historically moved less than the broad market.
Operating from West Perth, Australia, Lunnon Metals Limited is an Australian company dedicated to the exploration and development of nickel and gold deposits. Formed in 2014, the company's primary asset is its complete ownership of the Kambalda Nickel project. This project consists of 19 interconnected mining tenements, spanning an area of 23 square kilometers, within the Kambalda Nickel District in Western Australia's Eastern Goldfields region. The company rebranded to Lunnon Metals Limited in February 2021, having previously been known as ACH Nickel Pty Ltd.
Lunnon Metals Limited is most often compared with the following Basic Materials names: