Latrobe Magnesium Limited (LTRBF)
Latrobe Magnesium Limited operates in the Industrial Materials industry of the Basic Materials sector, headquartered in Sydney, NSW, AU. The stock last traded at $0.01, down 11.70% on the session, giving a market capitalisation of $28.3M. On trailing twelve-month figures it carries a trailing P/E of 15.00, a net margin of 0.0%. Its beta of 0.44 implies it has historically moved less than the broad market.
Latrobe Magnesium Limited is primarily focused on advancing a venture to produce magnesium metal. This involves establishing a specialized plant designed to recover magnesium from fly ash, a resource originating from Germany. The company maintains significant ownership in this Latrobe magnesium project, which is strategically situated in Victoria, Australia's Latrobe Valley. The entity was established in 1986 and operates out of its headquarters in Sydney, Australia.
Latrobe Magnesium Limited is most often compared with the following Basic Materials names: