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Latin Resources ASX:LRS Stock Report

Last Price

AU$0.15

Market Cap

AU$420.2m

7D

-3.2%

1Y

-42.3%

Updated

25 Dec, 2024

Data

Company Financials +

LRS Stock Overview

Explores and develops mining projects in Australia, Peru, Argentina, and Brazil. More details

LRS fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Latin Resources Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Latin Resources
Historical stock prices
Current Share PriceAU$0.15
52 Week HighAU$0.29
52 Week LowAU$0.11
Beta2.17
1 Month Change-14.29%
3 Month Change-26.83%
1 Year Change-42.31%
3 Year Change400.00%
5 Year Change2,400.00%
Change since IPO-96.36%

Recent News & Updates

Is Latin Resources (ASX:LRS) In A Good Position To Deliver On Growth Plans?

Jul 25
Is Latin Resources (ASX:LRS) In A Good Position To Deliver On Growth Plans?

Recent updates

Is Latin Resources (ASX:LRS) In A Good Position To Deliver On Growth Plans?

Jul 25
Is Latin Resources (ASX:LRS) In A Good Position To Deliver On Growth Plans?

We're Keeping An Eye On Latin Resources' (ASX:LRS) Cash Burn Rate

Feb 05
We're Keeping An Eye On Latin Resources' (ASX:LRS) Cash Burn Rate

Latin Resources Limited (ASX:LRS) Shares Could Be 30% Below Their Intrinsic Value Estimate

Dec 08
Latin Resources Limited (ASX:LRS) Shares Could Be 30% Below Their Intrinsic Value Estimate

We're Not Very Worried About Latin Resources' (ASX:LRS) Cash Burn Rate

Nov 01
We're Not Very Worried About Latin Resources' (ASX:LRS) Cash Burn Rate

We're Not Very Worried About Latin Resources' (ASX:LRS) Cash Burn Rate

Jul 09
We're Not Very Worried About Latin Resources' (ASX:LRS) Cash Burn Rate

Companies Like Latin Resources (ASX:LRS) Are In A Position To Invest In Growth

Feb 01
Companies Like Latin Resources (ASX:LRS) Are In A Position To Invest In Growth

We Think Latin Resources (ASX:LRS) Can Afford To Drive Business Growth

Sep 24
We Think Latin Resources (ASX:LRS) Can Afford To Drive Business Growth

We Think Latin Resources (ASX:LRS) Needs To Drive Business Growth Carefully

Jan 05
We Think Latin Resources (ASX:LRS) Needs To Drive Business Growth Carefully

Here's Why We're Watching Latin Resources' (ASX:LRS) Cash Burn Situation

Sep 16
Here's Why We're Watching Latin Resources' (ASX:LRS) Cash Burn Situation

Shareholder Returns

LRSAU Metals and MiningAU Market
7D-3.2%-2.1%-1.0%
1Y-42.3%-18.8%8.5%

Return vs Industry: LRS underperformed the Australian Metals and Mining industry which returned -18.8% over the past year.

Return vs Market: LRS underperformed the Australian Market which returned 8.5% over the past year.

Price Volatility

Is LRS's price volatile compared to industry and market?
LRS volatility
LRS Average Weekly Movement8.8%
Metals and Mining Industry Average Movement10.7%
Market Average Movement8.0%
10% most volatile stocks in AU Market16.7%
10% least volatile stocks in AU Market3.1%

Stable Share Price: LRS has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: LRS's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2008n/aChris Galewww.latinresources.com.au

Latin Resources Limited explores and develops mining projects in Australia, Peru, Argentina, and Brazil. The company primarily explores for lithium, copper, and gold deposits. Its flagship project is the Salinas Lithium project, which consists of approximately 38,000 hectares located in the district of Minas Gerais, Brazil.

Latin Resources Limited Fundamentals Summary

How do Latin Resources's earnings and revenue compare to its market cap?
LRS fundamental statistics
Market capAU$420.21m
Earnings (TTM)-AU$18.63m
Revenue (TTM)AU$87.09k

4,825x

P/S Ratio

-22.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LRS income statement (TTM)
RevenueAU$87.09k
Cost of RevenueAU$0
Gross ProfitAU$87.09k
Other ExpensesAU$18.72m
Earnings-AU$18.63m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.0066
Gross Margin100.00%
Net Profit Margin-21,390.24%
Debt/Equity Ratio0%

How did LRS perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/25 11:42
End of Day Share Price 2024/12/24 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Latin Resources Limited is covered by 3 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Stuart HoweBell Potter
Reg SpencerCanaccord Genuity
Timothy HoffCanaccord Genuity