Larvotto Resources (CHIA:LRV) - Stock Price, News & Analysis

LRV Stock Overview

Engages in the acquisition, exploration, evaluation, and development of mineral resources in Australia and New Zealand. More details

LRV fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	3/6
Dividends	0/6

Risk Analysis

Earnings have declined by 64.4% per year over past 5 years

Shareholders have been substantially diluted in the past year

Makes less than USD$1m in revenue (A$125K)

Highly volatile share price over the past 3 months compared to the Australian market

Larvotto Resources Limited Competitors

WIA Gold

ASX:WIA

AU$150.5m

Andean Silver

ASX:ASL

AU$158.3m

Burgundy Diamond Mines

ASX:BDM

AU$140.7m

Strandline Resources

ASX:STA

AU$138.9m

Price History & Performance

Summary of all time highs, changes and price drops for Larvotto Resources
Historical stock prices
Current Share Price	AU$0.48
52 Week High	AU$0.77
52 Week Low	AU$0.057
Beta	-0.51
11 Month Change	-29.71%
3 Month Change	21.25%
1 Year Change	361.90%
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	246.43%

Recent updates

Shareholder Returns

	LRV	AU Metals and Mining	AU Market
7D	-13.4%	0.1%	1.2%
1Y	361.9%	-9.9%	19.7%

Return vs Industry: LRV exceeded the Australian Metals and Mining industry which returned -10.8% over the past year.

Return vs Market: LRV exceeded the Australian Market which returned 18.4% over the past year.

Price Volatility

Is LRV's price volatile compared to industry and market?
LRV volatility
LRV Average Weekly Movement	20.1%
Metals and Mining Industry Average Movement	11.0%
Market Average Movement	8.6%
10% most volatile stocks in AU Market	17.5%
10% least volatile stocks in AU Market	3.2%

Stable Share Price: LRV's share price has been volatile over the past 3 months compared to the Australian market.

Volatility Over Time: LRV's weekly volatility (20%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

Founded	Employees	CEO	Website
2020	n/a	Ron Heeks	www.larvottoresources.com

Larvotto Resources Limited engages in the acquisition, exploration, evaluation, and development of mineral resources in Australia and New Zealand. The company explores for copper, gold, cobalt, antimony, rare earths, nickel, and lithium deposits, as well as platinum group elements. Larvotto Resources Limited was incorporated in 2020 and is headquartered in Nedlands, Australia.

Larvotto Resources Limited Fundamentals Summary

How do Larvotto Resources's earnings and revenue compare to its market cap?
LRV fundamental statistics
Market cap	AU$156.09m
Earnings (TTM)	-AU$8.16m
Revenue (TTM)	AU$124.65k

1,252x

P/S Ratio

-19.1x

P/E Ratio

Is LRV overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LRV income statement (TTM)
Revenue	AU$124.65k
Cost of Revenue	AU$0
Gross Profit	AU$124.65k
Other Expenses	AU$8.29m
Earnings	-AU$8.16m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.026
Gross Margin	100.00%
Net Profit Margin	-6,548.58%
Debt/Equity Ratio	2.2%

How did LRV perform over the long term?

See historical performance and comparison

LRV Stock Overview

Risk Analysis

Larvotto Resources Limited Competitors

ASX:WIA

AU$150.5m

ASX:ASL

AU$158.3m

ASX:BDM

AU$140.7m

ASX:STA

AU$138.9m

Price History & Performance

Recent News & Updates

Larvotto Resources Limited Announces Board Changes

Larvotto Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 5 million.

Larvotto Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 5 million.

Larvotto Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 0.04 million.

Larvotto Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 0.04 million.

Larvotto Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 2 million.

Recent updates

Larvotto Resources Limited Announces Board Changes

Larvotto Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 5 million.

Larvotto Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 5 million.

Larvotto Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 0.04 million.

Larvotto Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 0.04 million.

Larvotto Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 2 million.

Larvotto Resources Limited, Annual General Meeting, May 31, 2024

New major risk - Financial position

Larvotto Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 4.924256 million.

New major risk - Shareholder dilution

Larvotto Resources Limited Announces Resignation of Matthew Edmondson as Joint Company Secretary

Larvotto Resources Limited Appoints Nicholas Longmire as Joint Company Secretary

New minor risk - Share price stability

Larvotto Resources Limited (ASX:LRV) entered into a legally binding term sheet to acquire Hillgrove Mines Pty Ltd. from Red River Resources Limited for AUD 8 million.

Larvotto Identifies Strong Nickel Anomaly At Eyre Project in Western Australia

Larvotto Resources Limited Announces Encouraging Nickel and Associated Chrome Results from A Recent Geochemical Soil Survey Undertaken At the Dickie Dyke Prospect At the Eyre Project

Larvotto Resources Limited Commences Lithium & Treo-Targeted Drill Program at 100%-Owned Eyre Project in WA

Larvotto Resources Limited to Commence Drilling at Ohakuri Gold Project in New Zealand

High number of new and inexperienced directors

Larvotto Prepares to Drill for Lithium At 100%-Owned Eyre Project in WA

Larvotto Resources Limited Announces New Drill Targets Defined At Ohakuri Gold Proect in NZ

Larvotto Resources Limited, Annual General Meeting, Dec 06, 2022

Larvotto Resources Limited Announces Geophysical Survey Commence at Ohakuri Gold Project, New Zealand

Larvotto Resources Limited Announces That Two Distinct Rare Earth Element (Ree) Anomalies Have Been Identified At the Company's 100% Owned Eyre Project, Located in Western Australia

Larvotto Resources Limited Announces Executive Changes