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Lunnon Metals Ltd

LM8.AX

$0.15

Closing

▼-9.62%

1D

▼-60.83%

YTD

LM8

BBG010QPD438

Exchange

Sector

Market cap

$33.32M

Volume

121,853

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Market cap

$33.32M

Analysts' Rating

BUY

Price Target (Mean)

0.40

Total Analysts

0

P/E

Operating Margin

-1328.70%

Beta

-0.73

Revenue Growth

33.74%

52 week high

$0.45

52 week low

$0.09

Div. Yield

%

EPS Growth

0.00

Company Profile

Lunnon Metals Limited is an Australia-based mineral resource exploration company. The Company owns two prospective Western Australian projects with a focus on nickel sulphide exploration and discovery. The Company holds 100% of the mineral rights at the Foster and Baker elements of the Kambalda Nickel Project (KNP). The Company’s project areas are located approximately 70 kilometers (km) south-southeast of Kalgoorlie within the Kambalda Nickel District, Eastern Goldfields, Western Australia. KNP is approximately 47 kilometers (km2) in size comprising two parcels of 19 (Foster and Baker) and 20, contiguous granted mining leases situated within the Kambalda Nickel District, which extends for more than 70 kilometers south from the township of Kambalda. The project area can be accessed via well-established mine road infrastructure and lake causeway from the Kambalda township. Its Foster mine is a host to four distinct nickel mineralized surfaces or shoots that contain mineral resources.