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Legacy Iron Ore Ltd
Buy, Hold or Sell?

Let's analyse Legacy Iron Ore Ltd together

PenkeI guess you are interested in Legacy Iron Ore Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Legacy Iron Ore Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Legacy Iron Ore Ltd (30 sec.)










What can you expect buying and holding a share of Legacy Iron Ore Ltd? (30 sec.)

How much money do you get?

How much money do you get?
A$0.00
When do you have the money?
1 year
How often do you get paid?
10.0%

What is your share worth?

Current worth
A$0.00
Expected worth in 1 year
A$0.01
How sure are you?
40.0%

+ What do you gain per year?

Total Gains per Share
A$0.00
Return On Investment
9.0%

For what price can you sell your share?

Current Price per Share
A$0.01
Expected price per share
A$0.014 - A$0.015
How sure are you?
50%
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1. Valuation of Legacy Iron Ore Ltd (5 min.)




Live pricePrice per Share (EOD)

A$0.01

Intrinsic Value Per Share

A$0.00 - A$0.00

Total Value Per Share

A$0.00 - A$0.01

2. Growth of Legacy Iron Ore Ltd (5 min.)




Is Legacy Iron Ore Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$16.4m$15.1m$1.3m7.9%

How much money is Legacy Iron Ore Ltd making?

Current yearPrevious yearGrowGrow %
Making money$1.3m-$658k$1.9m150.4%
Net Profit Margin4,014.0%-2,926.2%--

How much money comes from the company's main activities?

3. Financial Health of Legacy Iron Ore Ltd (5 min.)




4. Comparing to competitors in the Other Industrial Metals & Mining industry (5 min.)




  Industry Rankings (Other Industrial Metals & Mining)  

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What can you expect buying and holding a share of Legacy Iron Ore Ltd? (5 min.)

Welcome investor! Legacy Iron Ore Ltd's management wants to use your money to grow the business. In return you get a share of Legacy Iron Ore Ltd.

What can you expect buying and holding a share of Legacy Iron Ore Ltd?

First you should know what it really means to hold a share of Legacy Iron Ore Ltd. And how you can make/lose money.

Speculation

The Price per Share of Legacy Iron Ore Ltd is A$0.014. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Legacy Iron Ore Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Legacy Iron Ore Ltd, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is A$0.00. Based on the TTM, the Book Value Change Per Share is A$0.00 per quarter. Based on the YOY, the Book Value Change Per Share is A$0.00 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is A$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Legacy Iron Ore Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 A$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per Share
Usd Eps0.001.5%0.001.5%0.00-0.7%0.00-0.2%0.00-1.4%
Usd Book Value Change Per Share0.001.5%0.001.5%0.00-0.4%0.001.7%0.000.6%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.4%0.000.2%
Usd Total Gains Per Share0.001.5%0.001.5%0.00-0.4%0.002.1%0.000.8%
Usd Price Per Share0.01-0.01-0.01-0.01-0.01-
Price to Earnings Ratio47.88-47.88--120.64--46.75--31.87-
Price-to-Total Gains Ratio47.88-47.88--213.86--32.77--25.87-
Price to Book Ratio3.80-3.80-5.22-2.89-3.44-
Price-to-Total Gains Ratio47.88-47.88--213.86--32.77--25.87-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.0090986
Number of shares109907
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.000.00
Usd Total Gains Per Share0.000.00
Gains per Quarter (109907 shares)22.3832.21
Gains per Year (109907 shares)89.50128.86
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10908025104119
2017917050208248
3026926075311377
40358350100415506
50448440125519635
60537530151623764
70627620176726893
807167102018301022
908068002269341151
10089589025110381280

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%1.02.00.033.3%1.04.00.020.0%1.09.00.010.0%1.014.01.06.3%
Book Value Change Per Share1.00.00.0100.0%2.01.00.066.7%3.02.00.060.0%4.06.00.040.0%8.08.00.050.0%
Dividend per Share0.00.01.00.0%1.00.02.033.3%1.00.04.020.0%1.00.09.010.0%1.00.015.06.3%
Total Gains per Share1.00.00.0100.0%2.01.00.066.7%3.02.00.060.0%4.06.00.040.0%8.08.00.050.0%
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Fundamentals of Legacy Iron Ore Ltd

About Legacy Iron Ore Ltd

Legacy Iron Ore Limited engages in the exploration, evaluation, and development of mineral properties in Australia. It primarily explores for iron ore, gold, base metals, tungsten, and manganese, as well as rare earth metals. The company's projects include the Mt Bevan iron ore project, and Pilbara iron ore and manganese projects located in Western Australia; the South Laverton gold project located in the South Laverton region; and the East Kimberley project located in the Halls Creek area. The company was incorporated in 2007 and is based in Perth, Australia. Legacy Iron Ore Limited operates as a subsidiary of NMDC Limited.

Fundamental data was last updated by Penke on 2024-02-27 00:15:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is fair priced.
Based on the earnings, the company is overpriced.
Based on how much money comes from the company's main activities, the company is expensive.
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1.1. Profitability of Legacy Iron Ore Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Legacy Iron Ore Ltd earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Legacy Iron Ore Ltd to the Other Industrial Metals & Mining industry mean.
  • A Net Profit Margin of 4,014.0% means that $40.14 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Legacy Iron Ore Ltd:

  • The MRQ is 4,014.0%. The company is making a huge profit. +2
  • The TTM is 4,014.0%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ4,014.0%TTM4,014.0%0.0%
TTM4,014.0%YOY-2,926.2%+6,940.2%
TTM4,014.0%5Y-440.0%+4,454.0%
5Y-440.0%10Y-6,398.7%+5,958.7%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ4,014.0%-49.7%+4,063.7%
TTM4,014.0%-46.9%+4,060.9%
YOY-2,926.2%-49.2%-2,877.0%
5Y-440.0%-250.7%-189.3%
10Y-6,398.7%-750.2%-5,648.5%
1.1.2. Return on Assets

Shows how efficient Legacy Iron Ore Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Legacy Iron Ore Ltd to the Other Industrial Metals & Mining industry mean.
  • 7.8% Return on Assets means that Legacy Iron Ore Ltd generated $0.08 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Legacy Iron Ore Ltd:

  • The MRQ is 7.8%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 7.8%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ7.8%TTM7.8%0.0%
TTM7.8%YOY-4.3%+12.1%
TTM7.8%5Y-2.2%+10.0%
5Y-2.2%10Y-14.8%+12.6%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ7.8%-7.5%+15.3%
TTM7.8%-7.8%+15.6%
YOY-4.3%-6.8%+2.5%
5Y-2.2%-10.4%+8.2%
10Y-14.8%-14.9%+0.1%
1.1.3. Return on Equity

Shows how efficient Legacy Iron Ore Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Legacy Iron Ore Ltd to the Other Industrial Metals & Mining industry mean.
  • 7.9% Return on Equity means Legacy Iron Ore Ltd generated $0.08 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Legacy Iron Ore Ltd:

  • The MRQ is 7.9%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 7.9%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ7.9%TTM7.9%0.0%
TTM7.9%YOY-4.3%+12.3%
TTM7.9%5Y-2.2%+10.1%
5Y-2.2%10Y-19.3%+17.1%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ7.9%-7.9%+15.8%
TTM7.9%-8.4%+16.3%
YOY-4.3%-7.1%+2.8%
5Y-2.2%-11.2%+9.0%
10Y-19.3%-15.6%-3.7%
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1.2. Operating Efficiency of Legacy Iron Ore Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Legacy Iron Ore Ltd is operating .

  • Measures how much profit Legacy Iron Ore Ltd makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Legacy Iron Ore Ltd to the Other Industrial Metals & Mining industry mean.
  • An Operating Margin of 4,019.9% means the company generated $40.20  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Legacy Iron Ore Ltd:

  • The MRQ is 4,019.9%. The company is operating very efficient. +2
  • The TTM is 4,019.9%. The company is operating very efficient. +2
Trends
Current periodCompared to+/- 
MRQ4,019.9%TTM4,019.9%0.0%
TTM4,019.9%YOY-2,906.4%+6,926.3%
TTM4,019.9%5Y-373.2%+4,393.2%
5Y-373.2%10Y-5,998.9%+5,625.7%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ4,019.9%-328.0%+4,347.9%
TTM4,019.9%-54.0%+4,073.9%
YOY-2,906.4%-46.4%-2,860.0%
5Y-373.2%-263.5%-109.7%
10Y-5,998.9%-621.1%-5,377.8%
1.2.2. Operating Ratio

Measures how efficient Legacy Iron Ore Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • An Operation Ratio of 35.13 means that the operating costs are $35.13 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Legacy Iron Ore Ltd:

  • The MRQ is 35.126. The company is inefficient in keeping operating costs low. -1
  • The TTM is 35.126. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ35.126TTM35.1260.000
TTM35.126YOY32.448+2.678
TTM35.1265Y22.414+12.712
5Y22.41410Y71.740-49.327
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ35.1261.959+33.167
TTM35.1261.915+33.211
YOY32.4482.249+30.199
5Y22.4144.385+18.029
10Y71.7408.798+62.942
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1.3. Liquidity of Legacy Iron Ore Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Legacy Iron Ore Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • A Current Ratio of 51.67 means the company has $51.67 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Legacy Iron Ore Ltd:

  • The MRQ is 51.667. The company is very able to pay all its short-term debts. +2
  • The TTM is 51.667. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ51.667TTM51.6670.000
TTM51.667YOY32.581+19.086
TTM51.6675Y33.957+17.710
5Y33.95710Y30.827+3.130
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ51.6672.435+49.232
TTM51.6672.635+49.032
YOY32.5813.631+28.950
5Y33.9574.101+29.856
10Y30.8274.665+26.162
1.3.2. Quick Ratio

Measures if Legacy Iron Ore Ltd is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Legacy Iron Ore Ltd to the Other Industrial Metals & Mining industry mean.
  • A Quick Ratio of 87.85 means the company can pay off $87.85 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Legacy Iron Ore Ltd:

  • The MRQ is 87.851. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 87.851. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ87.851TTM87.8510.000
TTM87.851YOY62.160+25.691
TTM87.8515Y48.399+39.453
5Y48.39910Y35.408+12.991
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ87.8510.898+86.953
TTM87.8510.844+87.007
YOY62.1601.027+61.133
5Y48.3991.306+47.093
10Y35.4081.469+33.939
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1.4. Solvency of Legacy Iron Ore Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Legacy Iron Ore Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Legacy Iron Ore Ltd to Other Industrial Metals & Mining industry mean.
  • A Debt to Asset Ratio of 0.01 means that Legacy Iron Ore Ltd assets are financed with 1.1% credit (debt) and the remaining percentage (100% - 1.1%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Legacy Iron Ore Ltd:

  • The MRQ is 0.011. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.011. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.011TTM0.0110.000
TTM0.011YOY0.012-0.001
TTM0.0115Y0.013-0.001
5Y0.01310Y0.046-0.033
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0110.180-0.169
TTM0.0110.185-0.174
YOY0.0120.150-0.138
5Y0.0130.208-0.195
10Y0.0460.248-0.202
1.4.2. Debt to Equity Ratio

Measures if Legacy Iron Ore Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Legacy Iron Ore Ltd to the Other Industrial Metals & Mining industry mean.
  • A Debt to Equity ratio of 1.1% means that company has $0.01 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Legacy Iron Ore Ltd:

  • The MRQ is 0.011. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.011. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.011TTM0.0110.000
TTM0.011YOY0.012-0.001
TTM0.0115Y0.013-0.001
5Y0.01310Y0.063-0.050
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0110.175-0.164
TTM0.0110.190-0.179
YOY0.0120.150-0.138
5Y0.0130.223-0.210
10Y0.0630.248-0.185
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2. Market Valuation of Legacy Iron Ore Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Legacy Iron Ore Ltd generates.

  • Above 15 is considered overpriced but always compare Legacy Iron Ore Ltd to the Other Industrial Metals & Mining industry mean.
  • A PE ratio of 47.88 means the investor is paying $47.88 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Legacy Iron Ore Ltd:

  • The EOD is 44.691. Based on the earnings, the company is overpriced. -1
  • The MRQ is 47.884. Based on the earnings, the company is overpriced. -1
  • The TTM is 47.884. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD44.691MRQ47.884-3.192
MRQ47.884TTM47.8840.000
TTM47.884YOY-120.639+168.523
TTM47.8845Y-46.747+94.630
5Y-46.74710Y-31.870-14.877
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD44.691-3.736+48.427
MRQ47.884-5.366+53.250
TTM47.884-5.795+53.679
YOY-120.639-8.493-112.146
5Y-46.747-10.470-36.277
10Y-31.870-11.301-20.569
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Legacy Iron Ore Ltd:

  • The EOD is 154.786. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is 165.843. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is 165.843. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD154.786MRQ165.843-11.056
MRQ165.843TTM165.8430.000
TTM165.843YOY-52.245+218.088
TTM165.8435Y12.167+153.675
5Y12.16710Y-0.316+12.483
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD154.786-4.343+159.129
MRQ165.843-5.918+171.761
TTM165.843-6.787+172.630
YOY-52.245-8.933-43.312
5Y12.167-13.233+25.400
10Y-0.316-14.532+14.216
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2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Legacy Iron Ore Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • A PB ratio of 3.80 means the investor is paying $3.80 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Legacy Iron Ore Ltd:

  • The EOD is 3.542. Based on the equity, the company is fair priced.
  • The MRQ is 3.795. Based on the equity, the company is fair priced.
  • The TTM is 3.795. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD3.542MRQ3.795-0.253
MRQ3.795TTM3.7950.000
TTM3.795YOY5.221-1.426
TTM3.7955Y2.889+0.906
5Y2.88910Y3.444-0.554
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD3.5421.117+2.425
MRQ3.7951.555+2.240
TTM3.7951.598+2.197
YOY5.2212.271+2.950
5Y2.8892.404+0.485
10Y3.4442.931+0.513
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Legacy Iron Ore Ltd.

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4. Summary

4.1. Key Performance Indicators

The key performance indicators of Legacy Iron Ore Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.0000.0000%0.000+128%0.000-14%0.000+132%
Book Value Per Share--0.0040.0040%0.004+9%0.003+18%0.003+45%
Current Ratio--51.66751.6670%32.581+59%33.957+52%30.827+68%
Debt To Asset Ratio--0.0110.0110%0.012-8%0.013-11%0.046-75%
Debt To Equity Ratio--0.0110.0110%0.012-8%0.013-11%0.063-82%
Dividend Per Share----0%-0%0.000-100%0.000-100%
Eps--0.0000.0000%0.000+150%0.000+114%0.000+196%
Free Cash Flow Per Share--0.0000.0000%0.000+502%0.000+354%0.000+435%
Free Cash Flow To Equity Per Share--0.0000.0000%0.000+541%0.000-81%0.000-71%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--0.004--------
Intrinsic Value_10Y_min--0.000--------
Intrinsic Value_1Y_max--0.000--------
Intrinsic Value_1Y_min--0.000--------
Intrinsic Value_3Y_max--0.000--------
Intrinsic Value_3Y_min--0.000--------
Intrinsic Value_5Y_max--0.001--------
Intrinsic Value_5Y_min--0.000--------
Market Cap89695621.120-7%96102451.20096102451.2000%121729771.520-21%66887306.035+44%53625167.770+79%
Net Profit Margin--40.14040.1400%-29.262+173%-4.400+111%-63.987+259%
Operating Margin--40.19940.1990%-29.064+172%-3.732+109%-59.989+249%
Operating Ratio--35.12635.1260%32.448+8%22.414+57%71.740-51%
Pb Ratio3.542-7%3.7953.7950%5.221-27%2.889+31%3.444+10%
Pe Ratio44.691-7%47.88447.8840%-120.639+352%-46.747+198%-31.870+167%
Price Per Share0.014-7%0.0150.0150%0.019-21%0.010+44%0.008+79%
Price To Free Cash Flow Ratio154.786-7%165.843165.8430%-52.245+132%12.167+1263%-0.316+100%
Price To Total Gains Ratio44.691-7%47.88447.8840%-213.856+547%-32.770+168%-25.874+154%
Quick Ratio--87.85187.8510%62.160+41%48.399+82%35.408+148%
Return On Assets--0.0780.0780%-0.043+155%-0.022+128%-0.148+289%
Return On Equity--0.0790.0790%-0.043+155%-0.022+128%-0.193+344%
Total Gains Per Share--0.0000.0000%0.000+128%0.000-31%0.000+75%
Usd Book Value--16457636.06616457636.0660%15153286.117+9%13954954.354+18%11352474.582+45%
Usd Book Value Change Per Share--0.0000.0000%0.000+128%0.000-14%0.000+132%
Usd Book Value Per Share--0.0030.0030%0.002+9%0.002+18%0.002+45%
Usd Dividend Per Share----0%-0%0.000-100%0.000-100%
Usd Eps--0.0000.0000%0.000+150%0.000+114%0.000+196%
Usd Free Cash Flow--376604.052376604.0520%-1514250.753+502%-956798.898+354%-1135489.552+402%
Usd Free Cash Flow Per Share--0.0000.0000%0.000+502%0.000+354%0.000+435%
Usd Free Cash Flow To Equity Per Share--0.0000.0000%0.000+541%0.000-81%0.000-71%
Usd Market Cap58293184.166-7%62456983.03562456983.0350%79112178.511-21%43470060.192+44%34850996.533+79%
Usd Price Per Share0.009-7%0.0100.0100%0.012-21%0.007+44%0.005+79%
Usd Profit--1304349.9501304349.9500%-658003.603+150%-225629.422+117%-1273556.908+198%
Usd Revenue--32495.00032495.0000%22486.540+45%45752.700-29%74106.277-56%
Usd Total Gains Per Share--0.0000.0000%0.000+128%0.000-31%0.000+75%
 EOD+4 -4MRQTTM+0 -0YOY+27 -65Y+21 -1410Y+26 -9

4.2. Fundamental Score

Let's check the fundamental score of Legacy Iron Ore Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1544.691
Price to Book Ratio (EOD)Between0-13.542
Net Profit Margin (MRQ)Greater than040.140
Operating Margin (MRQ)Greater than040.199
Quick Ratio (MRQ)Greater than187.851
Current Ratio (MRQ)Greater than151.667
Debt to Asset Ratio (MRQ)Less than10.011
Debt to Equity Ratio (MRQ)Less than10.011
Return on Equity (MRQ)Greater than0.150.079
Return on Assets (MRQ)Greater than0.050.078
Total7/10 (70.0%)

4.3. Technical Score

Let's check the technical score of Legacy Iron Ore Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5035.947
Ma 20Greater thanMa 500.016
Ma 50Greater thanMa 1000.016
Ma 100Greater thanMa 2000.017
OpenGreater thanClose0.015
Total1/5 (20.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2019-03-312020-03-312021-03-312022-03-312023-03-31
Income before Tax  -817-79-895202-693-316-1,0093,0162,007
Net Income  -819-141-9609-951-61-1,0123,0192,007
EBIT  -814-73-887198-688-317-1,0063,0162,010
EBITDA  -805-57-862225-636-287-9232,9942,071
Operating Income  -814-73-887198-688-317-1,0063,0162,010
Net Income from Continuing Operations  -817-79-895202-693-316-1,0093,0162,007
Net Income Applicable to Common Shares  -817-79-895202-693-316-1,0093,0162,007



Latest Balance Sheet

Balance Sheet of 2023-03-31. Currency in AUD. All numbers in thousands.

Summary
Total Assets25,612
Total Liabilities289
Total Stockholder Equity25,323
 As reported
Total Liabilities 289
Total Stockholder Equity+ 25,323
Total Assets = 25,612

Assets

Total Assets25,612
Total Current Assets9,939
Long-term Assets15,673
Total Current Assets
Cash And Cash Equivalents 2,726
Short-term Investments 7,019
Net Receivables 136
Other Current Assets 58
Total Current Assets  (as reported)9,939
Total Current Assets  (calculated)9,939
+/-0
Long-term Assets
Property Plant Equipment 15,607
Long Term Investments 67
Long-term Assets  (as reported)15,673
Long-term Assets  (calculated)15,673
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities192
Long-term Liabilities96
Total Stockholder Equity25,323
Total Current Liabilities
Short-term Debt 33
Accounts payable 26
Other Current Liabilities 133
Total Current Liabilities  (as reported)192
Total Current Liabilities  (calculated)192
+/-0
Long-term Liabilities
Long term Debt Total 49
Other Liabilities 48
Long-term Liabilities  (as reported)96
Long-term Liabilities  (calculated)96
+/- 0
Total Stockholder Equity
Common Stock66,996
Retained Earnings -59,206
Other Stockholders Equity 17,533
Total Stockholder Equity (as reported)25,323
Total Stockholder Equity (calculated)25,323
+/-0
Other
Capital Stock66,996
Cash and Short Term Investments 9,745
Common Stock Shares Outstanding 6,406,826
Liabilities and Stockholders Equity 25,612
Net Debt -2,644
Net Invested Capital 25,323
Net Tangible Assets 25,323
Net Working Capital 9,746
Property Plant and Equipment Gross 15,941
Short Long Term Debt Total 82



Balance Sheet

Currency in AUD. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-312013-03-312012-03-312011-03-312010-03-312009-03-312008-03-31
> Total Assets 
16,950
11,240
12,689
15,022
29,628
17,790
11,348
16,876
15,554
14,418
13,829
13,065
22,244
24,208
23,607
25,612
25,61223,60724,20822,24413,06513,82914,41815,55416,87611,34817,79029,62815,02212,68911,24016,950
   > Total Current Assets 
7,270
1,256
2,703
1,409
13,982
2,729
1,994
9,111
7,151
5,362
4,053
1,521
9,374
10,468
7,645
9,939
9,9397,64510,4689,3741,5214,0535,3627,1519,1111,9942,72913,9821,4092,7031,2567,270
       Cash And Cash Equivalents 
7,242
1,216
2,625
1,285
13,428
2,118
338
7,995
6,346
4,719
3,152
1,440
9,214
9,708
491
2,726
2,7264919,7089,2141,4403,1524,7196,3467,9953382,11813,4281,2852,6251,2167,242
       Short-term Investments 
0
0
0
0
0
0
984
163
675
533
778
0
1,232
629
7,019
7,019
7,0197,0196291,2320778533675163984000000
       Net Receivables 
29
40
78
124
554
611
639
608
82
85
67
24
109
74
58
136
136587410924678582608639611554124784029
       Other Current Assets 
0
0
0
0
0
0
33
301
47
24
56
57
50
57
78
58
587857505756244730133000000
   > Long-term Assets 
9,680
9,984
9,986
13,613
15,646
15,061
9,353
0
8,403
9,056
9,776
11,543
12,870
13,740
15,962
15,673
15,67315,96213,74012,87011,5439,7769,0568,40309,35315,06115,64613,6139,9869,9849,680
       Property Plant Equipment 
10,199
9,984
9,986
10,113
13,885
14,433
9,067
7,765
8,403
9,056
9,776
10,728
11,571
13,674
15,895
15,607
15,60715,89513,67411,57110,7289,7769,0568,4037,7659,06714,43313,88510,1139,9869,98410,199
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
692
816
1,299
67
67
67
6767671,2998166920000000000
       Other Assets 
0
0
0
0
0
0
286
0
0
0
86
86
67
67
67
0
06767678686000286000000
> Total Liabilities 
1,517
806
265
766
1,662
1,109
3,838
347
220
161
141
155
317
322
291
289
2892913223171551411612203473,8381,1091,6627662658061,517
   > Total Current Liabilities 
1,517
704
198
722
1,638
1,080
3,732
220
220
153
141
155
250
274
235
192
1922352742501551411532202203,7321,0801,6387221987041,517
       Short-term Debt 
0
31
35
323
0
0
3,000
137
100
533
778
0
66
47
24
33
3324476607785331001373,0000032335310
       Short Long Term Debt 
0
0
0
0
0
0
3,100
137
100
0
0
0
0
0
0
0
00000001001373,100000000
       Accounts payable 
422
23
54
106
1,000
688
380
32
17
21
13
9
74
91
54
26
265491749132117323806881,0001065423422
       Other Current Liabilities 
1,095
650
110
294
637
392
352
119
103
132
128
146
110
136
157
133
1331571361101461281321031193523926372941106501,095
   > Long-term Liabilities 
0
101
67
44
24
29
106
0
0
9
0
9
66
49
56
96
9656496690900106292444671010
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
66
23
0
49
4902366000000000000
       Other Liabilities 
0
0
0
0
24
29
6
28
0
9
0
0
0
26
56
48
4856260009028629240000
> Total Stockholder Equity
16,950
10,435
12,424
14,256
27,966
16,682
7,509
16,529
15,334
14,257
13,689
12,910
21,927
23,886
23,316
25,323
25,32323,31623,88621,92712,91013,68914,25715,33416,5297,50916,68227,96614,25612,42410,43516,950
   Common Stock
17,223
13,517
16,158
20,195
42,156
42,158
42,420
54,627
54,627
54,627
54,627
54,627
64,037
66,946
66,996
66,996
66,99666,99666,94664,03754,62754,62754,62754,62754,62742,42042,15842,15620,19516,15813,51717,223
   Retained Earnings -59,206-61,213-60,204-59,511-58,615-57,799-56,916-55,851-54,431-50,892-41,809-29,862-20,245-14,603-10,109-5,732
   Accumulated Other Comprehensive Income 
5,459
7,026
10,869
14,306
15,673
16,333
15,981
0
16,559
16,546
16,861
16,898
17,401
17,143
17,533
17,533
17,53317,53317,14317,40116,89816,86116,54616,559015,98116,33315,67314,30610,8697,0265,459
   Capital Surplus 0000000000000000
   Treasury Stock0000000000000000



Balance Sheet

Currency in AUD. All numbers in thousands.




Cash Flow

Currency in AUD. All numbers in thousands.




Income Statement

Currency in AUD. All numbers in thousands.


Latest Income Statement (annual, 2023-03-31)

Gross Profit (+$)
totalRevenue50
Cost of Revenue-61
Gross Profit-11-11
 
Operating Income (+$)
Gross Profit-11
Operating Expense-1,695
Operating Income2,010-1,706
 
Operating Expense (+$)
Research Development-
Selling General Administrative1,312
Selling And Marketing Expenses-
Operating Expense1,6951,312
 
Net Interest Income (+$)
Interest Income3,493
Interest Expense-3
Other Finance Cost-3,336
Net Interest Income154
 
Pretax Income (+$)
Operating Income2,010
Net Interest Income154
Other Non-Operating Income Expenses-
Income Before Tax (EBT)2,0072,013
EBIT - interestExpense = 2,007
2,010
2,010
Interest Expense3
Earnings Before Interest and Taxes (EBIT)2,0102,010
Earnings Before Interest and Taxes (EBITDA)2,071
 
After tax Income (+$)
Income Before Tax2,007
Tax Provision-0
Net Income From Continuing Ops2,0072,007
Net Income2,007
Net Income Applicable To Common Shares2,007
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses1,695
Total Other Income/Expenses Net-3-154
 

Technical Analysis of Legacy Iron Ore Ltd
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Legacy Iron Ore Ltd. The general trend of Legacy Iron Ore Ltd is BEARISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Legacy Iron Ore Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-100.0%) Bearish trend (100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Legacy Iron Ore Ltd.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 0.015 < 0.015 < 0.015.

The bearish price targets are: 0.014 > 0.014 > 0.014.

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Legacy Iron Ore Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Legacy Iron Ore Ltd. The current mas is .

The long score for the Moving Averages is 0/14.
The longshort score for the Moving Averages is -14/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Legacy Iron Ore Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Legacy Iron Ore Ltd. The current macd is -0.00050668.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Legacy Iron Ore Ltd price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Legacy Iron Ore Ltd. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Legacy Iron Ore Ltd price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Legacy Iron Ore Ltd Daily Moving Average Convergence/Divergence (MACD) ChartLegacy Iron Ore Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Legacy Iron Ore Ltd. The current adx is 12.12.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -2/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Legacy Iron Ore Ltd shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bearish trend could be forming. -1
Legacy Iron Ore Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Legacy Iron Ore Ltd. The current sar is 0.01694.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Legacy Iron Ore Ltd Daily Parabolic SAR Chart
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Legacy Iron Ore Ltd. The current rsi is 35.95. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending down: The RSI is trending down. -1
Legacy Iron Ore Ltd Daily Relative Strength Index (RSI) ChartLegacy Iron Ore Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Legacy Iron Ore Ltd. The current phase is Oversold in bear market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -6/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Legacy Iron Ore Ltd price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Legacy Iron Ore Ltd Daily Stochastic Oscillator ChartLegacy Iron Ore Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Legacy Iron Ore Ltd. The current cci is -140.09661836.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
Legacy Iron Ore Ltd Daily Commodity Channel Index (CCI) ChartLegacy Iron Ore Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Legacy Iron Ore Ltd. The current cmo is -36.62931612.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Legacy Iron Ore Ltd Daily Chande Momentum Oscillator (CMO) ChartLegacy Iron Ore Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Legacy Iron Ore Ltd. The current willr is -100.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is -1/(-1 +1).

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Legacy Iron Ore Ltd Daily Williams %R Chart