Legend Mining Ltd

AU:LEG Australia Other Industrial Metals & Mining
Market Cap
$14.44 Million
AU$23.32 Million AUD
Market Cap Rank
#30915 Global
#921 in Australia
Share Price
AU$0.01
Change (1 day)
+0.00%
52-Week Range
AU$0.01 - AU$0.01
All Time High
AU$0.20
Categories
Companies in Australia Other Industrial Metals & Mining
About

Legend Mining Limited engages in the exploration of nickel and copper deposits in Australia. It also explores for cobalt, zinc, silver, and gold deposits. The company holds interests in the Rockford project consisting of six granted exploration licenses that cover a total area of 1,274 square kilometers located in the Fraser Range district of Western Australia. Legend Mining Limited was incorpora… Read more

Legend Mining Ltd (LEG) - Net Assets

Latest net assets as of June 2025: AU$45.75 Million AUD

Based on the latest financial reports, Legend Mining Ltd (LEG) has net assets worth AU$45.75 Million AUD as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$46.46 Million) and total liabilities (AU$709.64K). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets AU$45.75 Million
% of Total Assets 98.47%
Annual Growth Rate N/A
5-Year Change -2.12%
10-Year Change 184.95%
Growth Volatility 154.08

Legend Mining Ltd - Net Assets Trend (1994–2024)

This chart illustrates how Legend Mining Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Legend Mining Ltd (1994–2024)

The table below shows the annual net assets of Legend Mining Ltd from 1994 to 2024.

Year Net Assets Change
2024-12-31 AU$48.80 Million -9.52%
2023-12-31 AU$53.94 Million +3.42%
2022-12-31 AU$52.16 Million -2.37%
2021-12-31 AU$53.42 Million +7.14%
2020-12-31 AU$49.86 Million +101.10%
2019-12-31 AU$24.80 Million +89.53%
2018-12-31 AU$13.08 Million -8.83%
2017-12-31 AU$14.35 Million -2.61%
2016-12-31 AU$14.73 Million -13.97%
2015-12-31 AU$17.13 Million +0.35%
2014-12-31 AU$17.07 Million -23.65%
2013-12-31 AU$22.35 Million -56.93%
2012-12-31 AU$51.90 Million +0.81%
2011-12-31 AU$51.48 Million +6.55%
2010-12-31 AU$48.32 Million +126.93%
2009-12-31 AU$21.29 Million +22.97%
2008-12-31 AU$17.32 Million -15.41%
2007-12-31 AU$20.47 Million -28.53%
2006-12-31 AU$28.64 Million +113.47%
2005-12-31 AU$13.42 Million +634.07%
2004-12-31 AU$1.83 Million -71.00%
2003-12-31 AU$6.30 Million +532.31%
2002-12-31 AU$996.80K -59.66%
2001-12-31 AU$2.47 Million +16.82%
2000-12-31 AU$2.12 Million -18.16%
1999-12-31 AU$2.58 Million +0.20%
1998-12-31 AU$2.58 Million +6.98%
1997-12-31 AU$2.41 Million -24.30%
1996-12-31 AU$3.19 Million -9.38%
1995-12-31 AU$3.51 Million +3116.42%
1994-12-31 AU$-116.52K --

Equity Component Analysis

This analysis shows how different components contribute to Legend Mining Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have decreased by 8406963800.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock AU$107.11 Million 219.47%
Other Comprehensive Income AU$25.88 Million 53.03%
Total Equity AU$48.80 Million 100.00%

Legend Mining Ltd Competitors by Market Cap

The table below lists competitors of Legend Mining Ltd ranked by their market capitalization.

Company Market Cap
TEAM PLC
F:1WQ
 		$5.53 Million
Reino Capital SA
WAR:RNC
 		$5.53 Million
ECOMIAM.COM S.A. EO 020
F:602
 		$5.53 Million
AUR Portfolio III SE & Co. KGaA
HM:AR40
 		$5.53 Million
Brookmount Explorations Inc
PINK:BMXI
 		$5.52 Million
Eurobio Scientific SA
PA:ALERS
 		$5.52 Million
Excite Technology Services Ltd
AU:EXT
 		$5.52 Million
Generative AI Solutions Corp.
OTCMKTS:AICOF
 		$5.52 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Legend Mining Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 53,942,021 to 48,804,127, a change of -5,137,894 (-9.5%).
  • Net loss of 5,248,000 reduced equity.
  • Other comprehensive income increased equity by 182,010.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income AU$-5.25 Million -10.75%
Other Comprehensive Income AU$182.01K +0.37%
Other Changes AU$-71.90K -0.15%
Total Change AU$- -9.52%

Book Value vs Market Value Analysis

This analysis compares Legend Mining Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 0.48x
  • The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1994-12-31 AU$-0.01 AU$0.01 x
1995-12-31 AU$0.23 AU$0.01 x
1996-12-31 AU$0.09 AU$0.01 x
1997-12-31 AU$0.08 AU$0.01 x
1998-12-31 AU$0.08 AU$0.01 x
1999-12-31 AU$0.07 AU$0.01 x
2000-12-31 AU$0.06 AU$0.01 x
2001-12-31 AU$0.06 AU$0.01 x
2002-12-31 AU$0.02 AU$0.01 x
2003-12-31 AU$0.12 AU$0.01 x
2004-12-31 AU$0.01 AU$0.01 x
2005-12-31 AU$0.04 AU$0.01 x
2006-12-31 AU$0.04 AU$0.01 x
2007-12-31 AU$0.02 AU$0.01 x
2008-12-31 AU$0.01 AU$0.01 x
2009-12-31 AU$0.02 AU$0.01 x
2010-12-31 AU$0.03 AU$0.01 x
2011-12-31 AU$0.03 AU$0.01 x
2012-12-31 AU$0.03 AU$0.01 x
2013-12-31 AU$0.01 AU$0.01 x
2014-12-31 AU$0.01 AU$0.01 x
2015-12-31 AU$0.01 AU$0.01 x
2016-12-31 AU$0.01 AU$0.01 x
2017-12-31 AU$0.01 AU$0.01 x
2018-12-31 AU$0.01 AU$0.01 x
2019-12-31 AU$0.01 AU$0.01 x
2020-12-31 AU$0.02 AU$0.01 x
2021-12-31 AU$0.02 AU$0.01 x
2022-12-31 AU$0.02 AU$0.01 x
2023-12-31 AU$0.02 AU$0.01 x
2024-12-31 AU$0.02 AU$0.01 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Legend Mining Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): -10.75%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -94168.31%
  • • Asset Turnover: 0.00x
  • • Equity Multiplier: 1.02x
  • Recent ROE (-10.75%) is above the historical average (-33.33%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1994 0.00% 98.63% 0.59x 0.00x AU$128.18K
1995 13.33% 85.44% 0.15x 1.02x AU$117.20K
1996 -10.36% 0.00% 0.00x 1.10x AU$-648.51K
1997 35.21% 0.00% 0.00x 1.05x AU$607.81K
1998 -16.75% 0.00% 0.00x 1.04x AU$-689.95K
1999 -41.47% 0.00% 0.00x 1.20x AU$-1.33 Million
2000 -44.01% -32.09% 1.07x 1.28x AU$-1.14 Million
2001 -39.22% -81.70% 0.44x 1.08x AU$-1.22 Million
2002 -187.70% -3598.08% 0.03x 1.98x AU$-1.97 Million
2003 -3.97% -20.08% 0.10x 1.98x AU$-880.28K
2004 -504.13% -37.32% 1.76x 7.67x AU$-9.40 Million
2005 -56.37% -164.70% 0.18x 1.89x AU$-8.90 Million
2006 -27.01% -1714.18% 0.01x 1.13x AU$-10.60 Million
2007 123.61% 78.41% 1.29x 1.22x AU$23.26 Million
2008 -16.82% -1809.74% 0.01x 1.19x AU$-4.64 Million
2009 -25.43% -10678.29% 0.00x 1.22x AU$-7.54 Million
2010 2.61% 4071.12% 0.00x 1.10x AU$-3.58 Million
2011 -8.24% -9441.51% 0.00x 1.06x AU$-9.41 Million
2012 4.44% 47737.07% 0.00x 1.08x AU$-2.77 Million
2013 -150.41% -66448.55% 0.00x 0.98x AU$-37.04 Million
2014 -14.69% 0.00% 0.00x 1.02x AU$-4.21 Million
2015 -7.65% -1133.50% 0.01x 1.02x AU$-3.02 Million
2016 -17.65% -2113.70% 0.01x 1.02x AU$-4.07 Million
2017 -3.95% -211.58% 0.02x 1.02x AU$-2.00 Million
2018 -9.69% -567.41% 0.02x 1.04x AU$-2.58 Million
2019 -1.62% -53.60% 0.03x 1.02x AU$-2.88 Million
2020 -2.13% -4971.01% 0.00x 1.13x AU$-6.05 Million
2021 -0.12% -247.90% 0.00x 1.19x AU$-5.41 Million
2022 -2.86% -11404.31% 0.00x 1.23x AU$-6.71 Million
2023 -9.30% -9880.89% 0.00x 1.02x AU$-10.41 Million
2024 -10.75% -94168.31% 0.00x 1.02x AU$-10.13 Million

Industry Comparison

This section compares Legend Mining Ltd's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.

Industry Context

  • Industry: Other Industrial Metals & Mining
  • Average net assets among peers: $2,995,611
  • Average return on equity (ROE) among peers: -21.65%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Legend Mining Ltd (LEG) AU$45.75 Million 0.00% 0.02x $5.53 Million
EXULTANT FPO [10X] (10X) $5.63 Million -1.35% 0.01x $1.10K
Morella Corporation Ltd (1MC) $5.43 Million -6.71% 0.57x $2.93 Million
6K Additive Inc (6KA) $-21.36 Million 0.00% 0.00x $24.91 Million
Atlantic Lithium Ltd (A11) $789.39K -143.95% 0.47x $71.83 Million
African Gold Ltd (A1G) $6.42 Million -11.14% 0.01x $170.41 Million
Albright Metals Ltd (ABR) $5.61 Million 0.47% 0.11x $1.11 Million
Audalia Resources Ltd (ACP) $2.12 Million -18.55% 0.04x $893.85K
Accent Resources NL (ACS) $4.38 Million -14.12% 0.03x $211.71K
Acdc Metals Ltd (ADC) $10.13 Million -6.86% 0.04x $1.02 Million
Admiralty Resources NL (ADY) $10.81 Million -14.31% 1.16x $5.70 Million