Price of LMG with the Market Cap of FT

If Latrobe Magnesium Limited (LMG) had the market cap of Fortune Minerals Limited (FT), one LMG would cost $0.0090601, 1.01 times today's price of $0.00899847. The market cap of Fortune Minerals Limited ($36.01M) is 1.01 times that of Latrobe Magnesium Limited ($35.77M).

Result

With The Market Cap of

$0.0090601
(1.01x)

LMG is 0.99x under FT

LMG.AX Market Cap
LMG.AX M. Cap:
$35,765,207
FT.TO Market Cap
FT.TO M. Cap:
$36,010,143
Wonder your profit?
Estimated value:
$0.00
LMG
LMG is 0.99x under FT
LMG.AX Market Cap
LMG.AX M. Cap:
$35,765,207
FT.TO Market Cap
FT.TO M. Cap:
$36,010,143

Stock data: Financial Modeling Prep·Updated ·Not investment advice·How we calculate this

Latrobe Magnesium Limited vs Fortune Minerals Limited: key figures

Latrobe Magnesium Limited LMG Fortune Minerals Limited FT
Rank #24065 #24039
Price $0.00899847 $0.056137
Market cap $35.77M $36.01M
Shares Outstanding 3.97B 641.47M
Change (1 day) -7.14% -6.29%
Change (1 year) -58.25% -12.48%

The other way round: FT with the market cap of LMG

$0.05575517 (0.99x)

If Fortune Minerals Limited (FT) had the market cap of Latrobe Magnesium Limited (LMG), one FT would cost $0.05575517, 0.68% less than today's price of $0.056137.

Price of FT with the Market Cap of LMG

Price of LMG with the Market Cap of FT: the last 12 months

The price of one LMG if Latrobe Magnesium Limited had the market cap of Fortune Minerals Limited, at the end of each month. Highest: $0.0306 (May 2026). Lowest: $0.00971 (Nov 2026).

  1. $0.0149 Dec 2025
  2. $0.0195 Jan 2026
  3. $0.0205 Feb 2026
  4. $0.0187 Mar 2026
  5. $0.0294 Apr 2026
  6. $0.0306 May 2026
  7. $0.0235 Jun 2026
  8. $0.0176 Jul 2026
  9. $0.0201 Aug 2026
  10. $0.0162 Sep 2026
  11. $0.01 Oct 2026
  12. $0.00971 Nov 2026

Questions about Latrobe Magnesium Limited and Fortune Minerals Limited

What would the price of Latrobe Magnesium Limited be with the market cap of Fortune Minerals Limited?

If Latrobe Magnesium Limited (LMG) had the market cap of Fortune Minerals Limited (FT), one LMG would cost $0.0090601, 1.01 times today's price of $0.00899847.

How much bigger is Fortune Minerals Limited than Latrobe Magnesium Limited?

The market cap of Fortune Minerals Limited ($36.01M) is 1.01 times that of Latrobe Magnesium Limited ($35.77M). In Dec 2025 the gap was 1.07 times.

What would the price of Fortune Minerals Limited be with the market cap of Latrobe Magnesium Limited?

If Fortune Minerals Limited (FT) had the market cap of Latrobe Magnesium Limited (LMG), one FT would cost $0.05575517, 0.68% less than today's price of $0.056137.

How is this price calculated?

The market cap of Fortune Minerals Limited ($36.01M) is divided by the number of LMG in circulation (3.97B). Market cap is the price multiplied by the number of coins or shares in circulation.