Latrobe Magnesium (LMG)
Latrobe Magnesium Ltd. is developing a hydromet process and adopting the thermal reduction process to produce magnesium metal from fly ash, a power plant waste product and environmental pollutant. It principal activities are the advancement of the Latrobe Magnesium project through the continued evaluation of the thermal reduction and process to produce magnesium metal; and retention of the Northern Territory exploration areas. The company was founded on April 23, 1986 and is headquartered in Sydney, Australia.
|Market Price at 11-12-2017||$0.02|
|Price to Earnings Ratio||-10.9|
|Market Capitalisation||$18.85 (million)|
|Return on Equity (ROE)||-21.98%|