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Legend Mining Limited (LEG) Fair Value & Analysis

Basic Materials · AU · Market cap A$20.4M

LM Legend Mining Limited LEG · AU
PriceA$0.0080
Fair ValueA$0.0090
Upside+12.0%
Quality95/100
Evidence: Low Range A$0.0082 – A$0.0106

Fair value as of: Jun 26, 2026

From 3 valuation models · updated 3 days ago

Fair value updated Jun 26, 2026 — revised from A$0.0200 to A$0.0090 (−55.2%) since Jun 25, 2026. Share price −5.9% over the past month.

Price vs Fair Value (12 months)

A$0.0120 A$0.0060 Fair Value A$0.0090 Jun 2025 Jun 2026

12‑month range A$0.0060 – A$0.0120 · fair‑value band A$0.0082 – A$0.0106 · the A$0.0080 price screens below the A$0.0090 fair value. As of Jun 26, 2026.

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Analysis

Legend Mining Limited (LEG) currently trades at A$0.0080, while our model-based Fair Value estimate is A$0.0090 — implying the stock looks roughly 12.0% undervalued today. We read business quality at 95/100 (high quality), in the Basic Materials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: low) — always confirm before acting.

Trailing-twelve-month revenue stands at A$5.6K. Revenue declined 89.0% year over year. It earns a return on equity of -27.6%. The balance sheet holds a net cash position of A$11.0M. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) A$5.6K
Revenue growth (YoY) -89.0%
Return on equity -27.6%
Free cash flow −A$2.0M FY2025
EPS (TTM) A$-0.0100
Net cash A$11.0M FY2024

Figures from reported company fundamentals (EODHD) · as of Jun 26, 2026. TTM = trailing twelve months.

About the company

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 two granted exploration licenses that cover a total area of 378 square kilometers located in the Fraser Range district of Western Australia and Pinnacle Well project consisting of four granted exploration licenses that cover a total area of 128 square kilometers located in the northern goldfields of Western Australia. Legend Mining Limited was formerly known as Legend Mining NL and changed its name to Legend Mining Limited in March 2000. Legend Mining Limited was incorporated in 1993 and is headquartered in West Perth, Australia.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Legend Mining Limited reported revenue of A$525K in FY2025 versus A$26.7K in FY2021, a compound +110.6%/yr. Reported net income was −A$14.9M in FY2025.

Revenue +110.6%/yr
FY21 A$26.7K
FY22 A$13.1K
FY23 A$50.8K
FY24 A$5.6K
FY25 A$525K
Net income
FY21 −A$66.2K
FY22 −A$1.5M
FY23 −A$5.0M
FY24 −A$5.2M
FY25 −A$14.9M

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Frequently asked questions

Is Legend Mining Limited (LEG) undervalued?
As of Jun 26, 2026, our model estimates a fair value of A$0.0090 versus a price of A$0.0080 — about +12% (undervalued). Model-based estimate, not financial advice.
What is the fair value of LEG?
Our 21-model fair value for Legend Mining Limited is A$0.0090 (as of Jun 26, 2026), built from audited fundamentals. The current price is A$0.0080.
What is the quality score of LEG?
Legend Mining Limited has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Legend Mining Limited (LEG)?
Legend Mining Limited reported trailing-twelve-month revenue of about A$5.6K (latest available figure, as of Jun 26, 2026).
What is the net profit margin of LEG?
The net profit margin of Legend Mining Limited is about 0.0%, meaning it keeps roughly 0.0% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.