How does K6X's PB Ratio compare to its peers?

K6X is good value based on its Price-To-Book Ratio (17.5x) compared to the peer average (23.7x).

How does K6X's PB Ratio compare vs other companies in the European Metals and Mining Industry?

K6X is expensive based on its Price-To-Book Ratio (17.5x) compared to the European Metals and Mining industry average (0.9x).

What is K6X's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate K6X's Price-To-Book Fair Ratio for valuation analysis.

What is the Fair Price of K6X when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Insufficient data to calculate K6X's fair value for valuation analysis.

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

Larvotto Resources (DB:K6X) - Stock Price, News & Analysis

K6X Stock Overview

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

K6X fundamental analysis
Snowflake Score
Valuation	1/6
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

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

Shareholders have been substantially diluted in the past year

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

Larvotto Resources Limited Competitors

Greenland Resources

DB:M0LY

€78.4m

IberAmerican Lithium

DB:W2C

€1.0m

Pasinex Resources

DB:PNX

€1.4m

Eisen- und Hüttenwerke

DB:EIS

€202.4m

Price History & Performance

Summary of all time highs, changes and price drops for Larvotto Resources
Historical stock prices
Current Share Price	AU$0.28
52 Week High	AU$0.44
52 Week Low	AU$0.033
Beta	-0.51
11 Month Change	-34.86%
3 Month Change	20.85%
1 Year Change	377.31%
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	102.86%

Recent updates

Shareholder Returns

	K6X	DE Metals and Mining	DE Market
7D	-11.8%	1.3%	0.8%
1Y	377.3%	-26.8%	9.1%

Return vs Industry: K6X exceeded the German Metals and Mining industry which returned -26.6% over the past year.

Return vs Market: K6X exceeded the German Market which returned 8.5% over the past year.

Price Volatility

Is K6X's price volatile compared to industry and market?
K6X volatility
K6X Average Weekly Movement	22.4%
Metals and Mining Industry Average Movement	11.6%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	10.8%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: K6X's share price has been volatile over the past 3 months compared to the German market.

Volatility Over Time: K6X's weekly volatility (22%) has been stable over the past year, but is still higher than 75% of German 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?
K6X fundamental statistics
Market cap	€96.69m
Earnings (TTM)	-€5.06m
Revenue (TTM)	€77.21k

1,252x

P/S Ratio

-19.1x

P/E Ratio

Is K6X overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
K6X 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 K6X perform over the long term?

See historical performance and comparison

K6X Stock Overview

Risk Analysis

Larvotto Resources Limited Competitors

DB:M0LY

€78.4m

DB:W2C

€1.0m

DB:PNX

€1.4m

DB:EIS

€202.4m

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.

Insufficient new directors

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

New major risk - Financial position

New major risk - Share price stability

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

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 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.

New major risk - Financial position

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

Larvotto Resources Limited Announces Geophysical Survey Defines Priority Targets at 100% Owned Eyre Project in WA

Larvotto Resources Limited Commences Drilling at Mt Isa Copper Project

Larvotto Resources Limited Announces New Nickel and Copper Anomaly Discovered At Eyre Project

Larvotto Resources Limited Announces Encouraging Nickel and Associated Base Metal Results from A Recent Geochemical Soil Survey Undertaken on the Jimberlana Dyke At the Mt Norcott Prospect on the Company's Eyre Project, Located 25Km East of Norseman in the Eastern Goldfields, Western Australia

Larvotto Resources Limited Announces Positive Gold Geochemistry Results in Ohakuri New Zealand

Larvotto Resources Limited, Annual General Meeting, May 26, 2022

Larvotto Resources Limited Applies Exploration Licence Adjoining Its Eyre Project in Western Australia