Legacy Iron Ore Limited chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share N/A
Dividend & YieldN/A$ (N/A)
Beta 2.14
Market capitalization 128.14M
Operating cash flow -876.17k
ESG Scores unknown

Company description

Legacy Iron Ore Limited engages in the exploration, evaluation, and development of mineral properties in Australia. It primarily explores for iron, 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 covering an area of 460 square kilometers located in the South Laverton region; and the East Kimberley project comprising three exploration licenses located in the Halls Creek area. It also owns interest in the Mt Bradley rare earth metal project located in Australia. The company was incorporated in 2007 and is based in Perth, Australia. Legacy Iron Ore Limited is a subsidiary of NMDC Limited.

Sector: Basic Materials - Industry: Other Industrial Metals & Mining

Financial data

Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Change To Liabilities -147 -54.38k -26.86k -26.96k
Total Cashflows From Investing Activities -942.41k -710.02k -1.8M -8.3M
Net Borrowings -65.85k -65.85k -65.85k -45.61k
Total Cash From Financing Activities 9.45M 9.45M 2.88M -45.61k
Change To Operating Activities 16.37k 19.96k 104.51k 70.11k
Issuance Of Stock 9.56M 9.56M 3.15M
Net Income -816.5k -895.5k -693.13k -1.01M
Change In Cash -1.71M 7.77M 493.63k -9.22M
Effect Of Exchange Rate
Total Cash From Operating Activities -770.07k -964.58k -582.64k -876.17k
Depreciation 8.88k 24.89k 51.75k 82.5k
Change To Account Receivables 21.33k -59.55k -22.23k 7.21k
Other Cashflows From Financing Activities -108.77k -108.77k -205.5k
Change To Netincome -2 -2 3.31k
Capital Expenditures -1.04M -798.4k -2.15M -2.41M

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Research Development
Income Before Tax -816.5k -895.5k -693.13k -1.01M
Net Income -816.5k -895.5k -693.13k -1.01M
Selling General Administrative 721.59k 752.9k 760.82k 738.32k
Gross Profit 58.55k 86.25k
Ebit -751.17k -817.33k -921.68k -940.84k
Operating Income -751.17k -817.33k -921.68k -940.84k
Interest Expense -2.58k -8.77k -4.89k -3.43k
Income Tax Expense
Total Revenue 58.55k 86.25k
Cost Of Revenue
Total Other Income ExpenseNet -65.33k -78.17k 228.55k -68.2k
Net Income From Continuing Ops -816.5k -895.5k -693.13k -1.01M
Net Income Applicable To Common Shares -816.5k -895.5k -693.13k -1.01M

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Total Liabilities 154.99k 316.56k 322.43k 290.53k
Total Stockholder Equity 12.91M 21.93M 23.89M 23.32M
Other Current Liabilities 107.06k 51.7k 48.05k 28.76k
Total Assets 13.06M 22.24M 24.21M 23.61M
Common Stock 54.63M 64.04M 66.95M 67M
Other Current Assets
Retained Earnings -58.62M -59.51M -60.2M -61.21M
Treasury Stock 16.81M 17.31M 17.02M 17.41M
Cash 1.44M 9.21M 9.71M 490.83k
Total Current Liabilities 154.99k 250.26k 273.56k 234.65k
Other Stockholder Equity 16.81M 17.31M 17.02M 17.41M
Property, Plant, and Equipment 10.73M 11.57M 13.67M 15.9M
Total Current Assets 1.52M 10.61M 10.47M 7.65M
Net Tangible Assets 12.91M 21.93M 23.89M 23.32M
Net Receivables 24.41k 109.32k 73.64k 57.82k
Accounts Payable 9.34k 74.15k 90.71k 53.6k


Insider Transactions

Here are the insider transactions of stock shares related to Legacy Iron Ore Limited:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Gupta (Rakesh)Purchase at price 0.01 per share.D2021-08-23Chief Executive Officer2.12M
Gupta (Rakesh)D2020-12-22Chief Executive Officer618k
Gupta (Rakesh)Sale at price 0.03 per share.D2020-12-17Chief Executive Officer200k
Gupta (Rakesh)Sale at price 0.03 per share.D2020-12-17Chief Executive Officer100.81k
Gupta (Rakesh)Sale at price 0.01 per share.D2020-12-17Chief Executive Officer1M
Gupta (Rakesh)Other at price 0.00 per share.D2020-01-17Chief Executive Officer1.94M
Turner (Timothy Paul)D2017-08-30Former1.75M
Turner (Timothy Paul)Purchase at price 0.00 per share.D2017-06-14Director (Non-Executive)1M
Shelton (Steve)D2016-03-31Former440k
Donovan (Benjamin Patrick)I2015-03-31Secretary
Shelton (Steve)D2015-03-31Divisional Officer300k
Heng (Kia Le Sharon)D2015-03-31Former50.18M
Heng (Kia Le Sharon)D2014-08-25Chief Executive Officer45k
Donovan (Benjamin Patrick)D2014-06-30Secretary151.99k
Heng (Kia Le Sharon)Purchase at price 0.05 per share.D2013-08-13Chief Executive Officer900k
Heng (Kia Le Sharon)Purchase at price 0.05 per share.D2013-08-12Chief Executive Officer660k
Shelton (Steve)D2013-06-30Divisional Officer210k
Donovan (Benjamin Patrick)D2013-06-30Secretary500k
Heng (Kia Le Sharon)Purchase at price 0.08 per share.D2013-05-03Chief Executive Officer600k
Heng (Kia Le Sharon)Purchase at price 0.08 per share.D2013-05-02Chief Executive Officer459k
Heng (Kia Le Sharon)Purchase at price 0.05 per share.D2013-04-22Chief Executive Officer1M
Heng (Kia Le Sharon)Purchase at price 0.05 per share.D2013-04-22Chief Executive Officer520k
Heng (Kia Le Sharon)Purchase at price 0.08 per share.D2012-11-13Chief Executive Officer140k
Heng (Kia Le Sharon)Purchase at price 0.08 per share.D2012-11-13Chief Executive Officer412k
Wu (Ivan)D2012-06-30Former1.1M
Shelton (Steve)D2012-06-30Divisional Officer220k
Donovan (Benjamin Patrick)D2012-06-30Secretary4.66M
Heng (Kia Le Sharon)Purchase at price 0.10 per share.D2012-06-27Chief Executive Officer1.5M
Han (Hunt Tao)D2012-02-29Former9.2M
Hebenton (John Edward)D2011-12-16Former290k
Heng (Kia Le Sharon)D2011-06-20Chief Executive Officer28M
Heng (Kia Le Sharon)D2011-06-15Chief Executive Officer22M
Han (Hunt Tao)Purchase at price 0.08 per share.D2011-03-31Director (Non-Executive)4M
Heng (Kia Le Sharon)D2010-12-21Chief Executive Officer5.5M
Heng (Kia Le Sharon)D2010-12-09Chief Executive Officer6M
Heng (Kia Le Sharon)D2010-10-19Chief Executive Officer2.1M
Han (Hunt Tao)D2010-10-12Director (Non-Executive)300k
Han (Hunt Tao)D2010-06-30Director (Non-Executive)200k
Heng (Kia Le Sharon)D2010-05-26Chief Executive Officer2M
Turner (Timothy Paul)Acquisition at price 0.05 per share.D2009-10-10Chairman of the Board250k
Heng (Kia Le Sharon)Purchase at price 0.10 per share.D2009-06-05Chief Executive Officer79.93k
Heng (Kia Le Sharon)D2008-10-27Chief Executive Officer25k
Heng (Kia Le Sharon)Purchase at price 0.13 per share.D2008-10-22Chairman of the Board15k
Heng (Kia Le Sharon)Purchase at price 0.13 per share.D2008-10-14Chairman of the Board8k
Heng (Kia Le Sharon)Purchase at price 0.18 per share.D2008-08-21Chairman of the Board5.5k
Han (Hunt Tao)Purchase at price 0.22 per share.D2008-08-15Director (Non-Executive)200k
Han (Hunt Tao)Purchase at price 0.22 per share.D2008-08-15Director (Non-Executive)300k
Heng (Kia Le Sharon)Purchase at price 0.20 per share.D2008-07-22Chairman of the Board14.17k
Heng (Kia Le Sharon)Purchase at price 0.27 per share.D2008-07-21Chairman of the Board100k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Legacy Iron Ore Limited. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Legacy Iron Ore Limited

Here is the result of two systematic investment strategies applied to Legacy Iron Ore Limited. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Legacy Iron Ore Limited

The following chart shows the equity curve of the two systematic investment strategies applied to Legacy Iron Ore Limited:

Legacy Iron Ore Limited automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 480.59% on the backtest period.

Performance at glance

Performance

480.59 %

Latent gain

14417.68 $

Invested capital

2999.99 $

Annualized return

86.75 %
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Momentum strategy results on Legacy Iron Ore Limited

This is the result of two momentum investment strategies applied to Legacy Iron Ore Limited. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Legacy Iron Ore Limited

The following chart shows all the entries opened by the momentum investment system on Legacy Iron Ore Limited:

Legacy Iron Ore Limited momentum entries
  • The first momentum investment strategy would give 798.34% of return on Legacy Iron Ore Limited. That represents 67859.17$ of latent gain with 8499.99$ of employed capital.
  • The second momentum investment strategy would give 720.52% of return on Legacy Iron Ore Limited. That represents 43231.37$ of latent gain with 6000.0$ of employed capital.
Performance at glance (1Q Momentum)

Performance

798.34 %

Latent gain

67859.17 $

Invested capital

8499.99 $

Annualized return

98.87 %
Performance at glance (2Q Momentum)

Performance

720.52 %

Latent gain

43231.37 $

Invested capital

6000.0 $

Annualized return

142.4 %

Momentum equity curve on Legacy Iron Ore Limited

The following chart shows the equity curve of the two momentum strategies applied to Legacy Iron Ore Limited:

Legacy Iron Ore Limited momentum equity

Note: the dividends potentially given by Legacy Iron Ore Limited are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Legacy Iron Ore Limited

The following chart shows the employed capital evolution of the two momentum strategies on Legacy Iron Ore Limited since the beginning:

Legacy Iron Ore Limited

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Legacy Iron Ore Limited

Buy the dip entry openings on Legacy Iron Ore Limited

Legacy Iron Ore Limited

The performance achieved by the robo-advisor on Legacy Iron Ore Limited is 350.0%. That represents 875.01$ of latent gain with 250.0$ of employed capital. The following chart shows Legacy Iron Ore Limited stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Legacy Iron Ore Limited, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

350.0 %

Latent gain

875.01 $

Invested capital

250.0 $

Annualized return

98.87 %

Equity curve of the strategy applied to Legacy Iron Ore Limited

The following chart shows the result of the investment strategy applied to Legacy Iron Ore Limited:

Legacy Iron Ore Limited

Note: the dividends potentially given by Legacy Iron Ore Limited are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Legacy Iron Ore Limited

The following chart shows the employed capital evolution since the beginning of the investment strategy on Legacy Iron Ore Limited:

Legacy Iron Ore Limited

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Legacy Iron Ore Limited

In this section, I will compare the three previous investment strategies applied to Legacy Iron Ore Limited.

Equity curve comparison on Legacy Iron Ore Limited

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Legacy Iron Ore Limited investment strategy comparison

Employed capital comparison on Legacy Iron Ore Limited

Legacy Iron Ore Limited investment comparison

Performance comparison on Legacy Iron Ore Limited

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 480.59% 14417.68$ 2999.99$ 86.75%
Momentum 1 quarter 798.34% 67859.17$ 8499.99$ 150.63%
Momentum 2 quarters 720.52% 43231.37$ 6000.0$ 142.4%
Non-directional 350.0% 875.01$ 250.0$ 98.87%
Annualized return comparison

Automatic investment

86.75 %

Momentum 1Q

142.4 %

Momentum 2Q

142.4 %

Non-directional

98.87 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Legacy Iron Ore Limited:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between Legacy Iron Ore Limited and the other stocks. There may be false positives or some missing correlated stocks. If the price of Legacy Iron Ore Limited does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Legacy Iron Ore Limited
Country Australia
City Perth
Address 200 Adelaide Terrace
Phone 61 8 9421 2000
Website www.legacyiron.com.au
FullTime employees
Industry Other Industrial Metals & Mining
Sector Basic Materials
Exchange XASX
Ticker LCY.XASX
Market www2.asx.com.au

Legacy Iron Ore Limited ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown