Over the past three years, Legacy Iron Ore Limited has seen its earnings per share (EPS) grow by 18% per year. Shares in Legacy last traded at 2.5 cents on February 19. ASX company boss accused of stealing Tony Yoo | December 8, 2020 8:36am . With a mission to increase shareholder wealth through capital growth, Legacy Iron has a commitment to discovering viable mineral deposits and developing them into profitable mining operations. Privacy Policy | The company last entered a trading halt in November 2019 ahead of a $11.74 million renounceable entitlement offer. Legacy Iron Ore Limited News and Updates from The Economictimes.com. Legacy Iron Ore (LCY) has entered a trading halt pending an upcoming capital raising. 10 Stocks To Buy (including 2 Every Investor Should Own), Everything You Need to Know About Tech Investing, The Beginner’s Guide to Investing in Gold. News Legacy Iron Ore to raise $25M, NMDC takes up entitlement. The Motley Fool Australia operates under AFSL 400691. Be the first with the news that moves the market, ASX Today: US reversal signals strong start, Anson Resource’s (ASX:ASN) lithium brine outperforms commercial batteries, Recce Pharmaceuticals (ASX:RCE) makes debut on Frankfurt Stock Exchange, Digital Wine Ventures (ASX:DW8) shares rise on WINEDEPOT update, Race Oncology (ASX:RAC) receives compelling preclinical breast cancer results, Elixir Energy (ASX:EXR) kicks off 2021 field program, Vital Metals (ASX:VML) ships bulk samples ahead of rare earth production at Nechalacho, VIAGOLD RARE EARTH RESOURCES HOLDINGS LIMITED, Legacy Iron Ore (LCY) has entered a trading halt pending an upcoming capital raising, The company will remain in the halt until the earlier of February 24 or when an announcement with the details is released, On February 15, Legacy made significant increases to the JORC indicated resource at the Kangaroo Bore and Blue Peter deposits within the Mt Celia Project in WA, The resources were carried out by SRK Consulting and it provides further confidence to the economic potential of the project, The resource for Kangaroo Bore increased to 135,600 ounces while the resource for Blue Peter increased to 44,100 ounces, Shares in Legacy last traded at 2.5 cents on February 19. Legacy Iron Ore Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. Dec 11 (Reuters) - Legacy Iron Ore Ltd LCY.AX : * FIRB ADVISED OF NO OBJECTIONS TO PROPOSED INVESTMENT OF UP TO $9.22 MILLION BY NATIONAL MINERAL DEVELOPMENT CORP UNDER ENTITLEMENT OFFER It holds a diverse portfolio of assets spanning iron ore, gold and base metals. News Legacy Iron Ore Ltd to start exploration near Sunrise Dam gold mine. Subscription Terms of Service, ACN: 146 988 052 | Australian Financial Services Licence (AFSL): 400691, The Motley Fool Australia, PO Box 4635, Ashmore, Qld 4214. View the latest Legacy Iron Ore Ltd. (LCY) stock price, news, historical charts, analyst ratings and financial information from WSJ. Western Areas (WSA) is looking to raise $100 million for the development of the Odysseus underground mine in Western Australia. Legacy is yet to disclose how much it intends to raise or what it will use the funds for once received. The Motley Fool Australia does not guarantee the performance of, or returns on any investment. The latest news about ASX-listed small and micro cap stocks published daily by Australia’s best business journalists. Legacy Iron Ore (ASX:LCY) is a vibrant Perth-based Australian exploration company, focussed on the development of iron ore, gold and base metal deposits. Market Performance. BRIEF-Legacy Iron Ore Says FIRB Approval Granted For NMDC's Participation In Entitlement Offer By Reuters - Dec 11, 2019. The company primarily explores for iron ore, manganese, coal, gold, base metals, and rare earth elements. News Legacy Iron Ore granted drilling approval for Mt Bevan. © 2009 - 2021 The Motley Fool Australia Pty Ltd. All rights reserved. Legacy Iron Ore Ltd is engaged in the exploration and development of mineral properties. on 6/8/14. Share Price & News. on 08/06/2014. Past performance is not necessarily indicative of future returns. Stable Share Price: LCY is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 64% a week. News Legacy Iron Ore granted drilling approval for Mt Bevan. Latest Share Price and Events. Chola Inv Fin 411.35 23.7. Looking at the last year, the company burnt through AU$1.8m. How has Legacy Iron Ore's share price performed over time and what events caused price changes? Find Legacy Iron Ore Latest News, Videos & Pictures on Legacy Iron Ore and see latest updates, news, information from NDTV.COM. Get all latest & breaking news on Legacy Iron Ore. Watch videos, top stories and articles on Legacy Iron Ore at moneycontrol.com. Join the HotCopper ASX share market forum today for free. On February 15, Legacy made significant increases to the JORC indicated resource at the Kangaroo Bore and Blue Peter deposits within the Mt Celia Project in WA. This Service provides only general, and not personalised financial advice, and has not taken your personal circumstances into account. So we'll focus on the cash burn, today. Terms of Service | It primarily explores for iron, gold, base metals, tungsten, and manganese, as well as rare earth metals. Our data indicates that Legacy Iron Ore Limited has a market capitalization of AU$50m, and total annual CEO compensation was reported as AU$270k for the year to March 2020. Find the investing style that's right for you. Join the HotCopper ASX share market forum today for free. Skip to content ... insights and unique analysis brought to you by Stockhead's team of business journalists and industry experts on Legacy Iron Ore. LCY Share Price and Trading History. Minerals explorer Peel Mining (PEX) has kicked off the week in a trading halt ahead of an upcoming capital raise. Legacy Iron Ore Limited explores, evaluates, and develops mineral properties in Australia. Please remember that investments can go up and down. More » Recent Stock Announcements. Company profile page for Legacy Iron Ore Ltd including stock price, company news, press releases, executives, board members, and contact information ASX 200   |   A     B     C     D     E     F     G     H     I     J     L     M     N     O     P     Q     R     S     T     U     V     W     X. As at September 2019, Legacy Iron Ore had cash of AU$589k and no debt. The resources were carried out by SRK Consulting and it provides further confidence to the economic potential of the project. For a limited time, The Motley Fool Australia is giving away an urgent new investment report outlining our 5 favourite stocks for investors over 50. Get the latest Legacy Iron Ore Limited (LCY) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions. Find out more at Intelligent Investor So if you’re looking to get your finances on track and you’re in or near retirement – we’ve got you covered! Legacy Iron Ore is a vibrant Perth-based Australian exploration company, focussed on the development of iron ore, gold and base metal deposits. Bernd Struben | 10 March 2021 1:23 p.m. | More on: LCY . Legacy Iron Ore (LCY) has entered a trading halt pending an upcoming capital raising. NSE Gainer-Large Cap . on 27/5/16. News Legacy Iron Ore Ltd to start exploration near Sunrise Dam gold mine. The Legacy Iron Ore share price was up 29% in morning trade before giving up some of those gains. Shares were priced at 0.2 cents which represented a 51 per cent discount to the 20-day volume-weighted average price. Legacy Iron Ore Limited has increased its earnings per share (EPS) by an average of 18% a year, over the last three years (using a line of best fit). Legacy will undertake mining studies at these prospects to determine the economic viability. 12.99 % Invest Now. Read detailed company information including current share prices, financial summary, directors, announcements, dividends & news. Its projects include Mt Bevan Project, South Laverton Gold Project, Mt. Legacy Iron Ore former director and company accountant charged with stealing offences On 4 December 2020, Former Legacy Iron Ore Limited (Legacy) Managing Director, Sharon Kia Le Heng and former Legacy accountant, Karen Kwan appeared in the Perth Magistrates Court each charged on 13 counts of stealing, following an ASIC investigation. An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security. Legacy Iron Ore Limited News and Updates from The Economictimes.com. The updated indicated resource for Blue Peter reads 44,100 ounces of gold at 2.68g/t, while the update indicated resource for Kangaroo Bore reads 135,600 ounces of gold at 1.36g/t. This demonstrates that the company has been improving recently and is good news for the shareholders. Home / Stock Market News / Why Legacy Iron Ore (ASX: LCY) stock is up 29% this morning . With a mission to increase shareholder wealth through capital growth, Legacy Iron has a commitment to discovering viable mineral deposits and developing them into profitable mining operations. HotCopper has news, discussion, prices and market data on LEGACY IRON ORE LIMITED. Legacy Iron Ore Limited engages in the exploration and development of mineral projects in Western Australia and Queensland, Australia. It achieved revenue growth of 48% over the last year. Legacy Iron Ore Limited's Growth. Celia Project and many more. Carnavale Resources (CAV) has entered a trading halt ahead of a capital raising and project acquisition. Legacy Iron Ore (ASX: LCY) has completed the acquisition of six highly prospective tenements for quality coking and thermal coal in Queensland, marking its first foray into the state’s coal sector. We look at the latest drill results. Get the latest LEGACY IRON ORE LTD (A43.BE) stock news and headlines to help you in your trading and investment decisions. Golden Mile Resources (G88) has entered a trading halt ahead of a proposed acquisition and associated capital raise. Is Legacy Iron Ore Limited Growing? Benchmarks . Legacy is yet to disclose how much it intends to raise or what it will use the funds for once received. Explore more on Legacy Iron Ore. Its revenue is down 57% over last year. We don't think that's enough operating revenue for us to understand too much from revenue growth rates, since the company is growing off a low base. Legacy Iron Ore (ASX: LCY) has announced a reverse circulation drill rig has arrived on site at its Yilgangi gold deposit in Western Australia and work is due to begin today. The company will remain in the halt until February 24 or when an announcement with the details is released. FEATURED FUNDS ★★★ ★★ ICICI Prudential Bluechip Fund Direct-Growth. Legacy Iron Ore Blogs, Comments and Archive News on Economictimes.com View today’s LCY share price, options, bonds, hybrids and warrants. News Legacy Iron Ore upgrades iron resource at Mt Bevan, Western Australia. on 12/16/2013 . Nifty 14,018.50 36.75. Legacy Iron Ore (LCY) wrapped up metallurgical testwork at its Western Australian Mt Celia prospect with some encouraging gold recoveries. For more information please see our Financial Services Guide. on 05/26/2016. Legacy Iron Ore Limited (LCY) Overview. News. Our Top 5 Stocks for Investors 50 or Older – NOW AVAILABLE! Volatility Over Time: LCY's weekly volatility has increased from 49% to 64% over the past year. The company undertook initial testwork back in December last year and has since been working on three additional composite samples and geochemistry assessments to progress to prefeasibility studies. The Complete Guide to Planning For Your Retirement, Setting up an SMSF: 10 Things You Need to Know Before Starting, 3 easy steps to building your ASX share portfolio for an early retirement, 4 tips on how to pick winning stocks for your retirement share portfolio, This is the best asset to own to start saving for your early retirement, Commonwealth Bank of Australia (ASX: CBA), Flight Centre Travel Group Ltd (ASX: FLT), Vanguard Australian Shares Index (ASX: VAS), Why the Legacy Iron Ore (ASX:LCY) share price jumped 29% this morning, Chief Executive Officer,Executive Director, Non-Executive Chairman,Non-Executive Director, Mr Yuejin Li & Mr David Shuo Li , Savvy Capital Management Pty Ltd , M & K Korkidas Pty Ltd , Artking Holdings Pty Ltd , Krishnajipitale Pty Ltd , Rb Wellard Pty Ltd , HSBC Custody Nominees (Australia) Limited, Matthew Burford Super Fund Pty Ltd , Mrs Margaret Ann Ryan & Mr Micheal Rodney Ryan. Its principal projects include: - the Mt Bevan iron ore project located in the Yilgarn of Western Australia The company has a $156.1 million market cap. Eligible shareholders were able to purchase four new shares for every one share held. Once received, Legacy used the funds to undertake initial test work and resource studies at Me Celia. Good news for shareholders. The Legacy Iron Ore Ltd (ASX: LCY) share price is up 7% in early afternoon trade, having posted gains of 29% earlier in the day. The company will remain in the halt until February 24 or when an announcement with the details is released. : Get the latest Legacy Iron Ore stock price and detailed information including news, historical charts and realtime prices. Legacy Iron Ore Limited (ASX: LCY) Latest News. Legacy Iron Ore Ltd News BRIEF-Legacy Iron Ore Ltd Receives Binding Applications For #3.15 Mln Via Placement By Reuters - Feb 24, 2021 Feb 24 (Reuters) - Legacy Iron Ore Ltd LCY.AX : * HAS RECEIVED BINDING APPLICATIONS FOR $3.15M MILLION VIA A PLACEMENT OF ABOUT 157.5 MILLION NEW SHARES AT $0.02 PER SHARE Legacy Iron Ore Ltd (ASX: LCY) stock price was up 7% in the early afternoon after rising 29% earlier in the day . Although Legacy Iron Ore had revenue of AU$161k in the last twelve months, its operating revenue was only AU$86k in that time period. HotCopper has news, discussion, prices and market data on LEGACY IRON ORE LIMITED. This shows that the company has improved itself over the last few years. The Yilgangi gold deposit forms part of the company’s South Laverton gold project which includes the Mt Celia, Yilgangi, Yerilla, Patricia North and Sunrise Bore tenements. on 07/06/2014. RELATED STOCKHEAD STORIES. Financial Services Guide | View announcements, advanced pricing charts, trading status, fundamentals, dividend information, peer … Each company boasts strong growth prospects over the next 3 to 5 years, and most importantly each pays a generous (and fully franked) dividend! Check out the latest news, insights and unique analysis brought to you by Stockhead's team of business journalists and industry experts on Legacy Iron Ore. 5Y Return.

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