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Latin Resources Limited is an other industrial metals & mining business based in Australia. Latin Resources shares (LRS) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian Dollars. Latin Resources has a trailing 12-month revenue of around $165,846. If you're looking to buy shares, check out the steps below.
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| 52-week range | $0.015 - $0.089 |
|---|---|
| 50-day moving average | $0.0431 |
| 200-day moving average | $0.0496 |
| Target price | N/A |
| PE ratio | 42 |
| Dividend yield | N/A (0%) |
| Earnings per share (TTM) | $0.001 |
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.
Historical closes compared with the last close of A$0.044
| 1 week (2021-10-15) | 4.76% |
|---|---|
| 1 month (2021-09-23) | -6.38% |
| 3 months (2021-07-23) | -12.00% |
| 6 months (2021-04-23) | -6.38% |
| 1 year (2020-10-22) | 120.00% |
|---|---|
| 3 years (2018-10-23) | -98.59% |
| 5 years (2016-10-21) | -99.50% |
Valuing Latin Resources stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Latin Resources 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Latin Resources 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 42x. In other words, Latin Resources shares trade at around 42x recent earnings.
That's relatively high compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
| Revenue TTM | $165,846 |
|---|---|
| Gross profit TTM | $177,407 |
| Return on assets TTM | -19.03% |
| Return on equity TTM | -73.31% |
| Profit margin | 1118.49% |
| Book value | 0.01 |
| Market capitalisation | $59.2 million |
TTM: trailing 12 months
We're not expecting Latin Resources to pay a dividend over the next 12 months.
Latin Resources 's shares were split on a 1:25 basis on 4 September 2019. So if you had owned 25 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 Latin Resources shares – just the quantity. However, indirectly, the new 2400% higher share price could have impacted the market appetite for Latin Resources shares which in turn could have impacted Latin Resources 's share price.
Over the last 12 months, Latin Resources 's shares have ranged in value from as little as $0.015 up to $0.089. 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 Latin Resources 's is 2.3635. This would suggest that Latin Resources 's shares are significantly more volatile than the average for this exchange and represent a higher risk.
Latin Resources Limited engages in the exploration and evaluation of mining projects in Australia, Brazil, Peru, and Argentina. The company primarily explores for lithium, silver, lead, copper, and gold deposits. Its flagship project is the Soft Rock Halloysite Project covering an area of 54 square kilometers located near Merredin, Western Australia. The company also holds interests in properties situated in Catamarca and San Luis Provinces, Argentina; in the Paterson region, Western Australia; and 70 km east of Albury, New South Wales. Latin Resources Limited was incorporated in 2008 and is headquartered in West Leederville, Australia.
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