How to buy Lachlan Star shares | A$0.015

Lachlan Star Limited is a gold business based in Australia. Lachlan Star shares (LSA) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.015 – a decrease of 16.67% over the previous week. Lachlan Star has a trailing 12-month revenue of around $3,406.

How to buy shares in Lachlan Star

1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
3. Search for Lachlan Star . Find the share by name or ticker symbol: LSA. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Lachlan Star reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. At today's price of $0.015, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
6. Check in on your investment. Congratulations, you own a part of Lachlan Star . Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

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For our Top Picks, we compared our Finder partners using a proprietary algorithm in August 2020. Keep in mind that our top picks may not always be the best for you, and you're encouraged to compare for yourself to find one that works for you. Read our full methodology here to find out more.

How has coronavirus impacted Lachlan Star 's share price?

Since the stock market crash in March caused by coronavirus, Lachlan Star 's share price has had significant positive movement.

Its last market close was $0.015, which is 40.00% up on its pre-crash value of $0.009 and 275.00% up on the lowest point reached during the March crash when the shares fell as low as $0.004.

If you had bought $1,000 worth of Lachlan Star shares at the start of February 2020, those shares would have been worth $666.67 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $2,500.00.

Lachlan Star share price

Use our graph to track the performance of LSA stocks over time.

Lachlan Star shares at a glance

• Key figures

Information last updated 2020-10-20.

Latest market close	AUDA$0.015
52-week range	AUDA$0.004 - AUDA$0.022
50-day moving average	AUDA$0.0144
200-day moving average	AUDA$0.0097
Target price	AUDA$0.2
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.001

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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy Lachlan Star stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Lachlan Star Limited by TradingView

Lachlan Star price performance over time

Historical closes compared with the close of A$0.015 on 2020-10-22

1 week (2020-10-16)	-16.67%
1 month (2020-09-24)	0%
3 months (2020-07-24)	36.36%
6 months (2020-04-24)	200.00%

1 year (2019-10-24)	114.29%
2 years (2018-10-24)	50.00%
3 years (2017-10-24)	-3.23%
5 years (2015-10-23)	-3.23%

Lachlan Star financials

Revenue TTM	$3,406
Gross profit TTM	$-50,000
Return on assets TTM	-7.89%
Return on equity TTM	-25.79%
Profit margin	0%
Book value	0.002
Market capitalisation	$17.5 million

TTM: trailing 12 months

Lachlan Star share dividends

We're not expecting Lachlan Star to pay a dividend over the next 12 months.

Have Lachlan Star 's shares ever split?

Lachlan Star 's shares were split on a 1:5 basis on 20 March 2018. So if you had owned 5 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Lachlan Star shares – just the quantity. However, indirectly, the new 400% higher share price could have impacted the market appetite for Lachlan Star shares which in turn could have impacted Lachlan Star 's share price.

Lachlan Star share price volatility

Over the last 12 months, Lachlan Star 's shares have ranged in value from as little as $0.004 up to $0.022. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Lachlan Star 's is 0.8411. This would suggest that Lachlan Star 's shares are less volatile than average (for this exchange).

Lachlan Star overview

Lachlan Star Limited, together with its subsidiaries, engages in the exploration of mineral properties in Australia. The company holds an interest in the Princhester Magnesite project, Queensland. It also has an option agreement to acquire a 75% interest in the Koojan Cu-Ni-PGE project in the New Norcia region, Western Australia. The company was formerly known as Toodyay Resources Limited and changed its name to Lachlan Star Limited in November 2007. Lachlan Star Limited was incorporated in 1970 and is based in West Perth, Australia.

Frequently asked questions

• What percentage of Lachlan Star is owned by insiders or institutions?

  Currently 57.365% of Lachlan Star shares are held by insiders and 1.01% by institutions.

• When does the fiscal year end for Lachlan Star ?

  Lachlan Star 's fiscal year ends in June.

• Where is Lachlan Star based?

  Lachlan Star 's address is: 33 Ord Street, West Perth, WA, Australia, 6005

• What is Lachlan Star 's ISIN number?

  Lachlan Star 's international securities identification number is: AU000000LSA2