How to buy Latin Resources (LRS) shares
Learn how to easily invest in Latin Resources shares.
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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.
How to buy shares in Latin Resources
- 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.
- 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.
- Search for Latin Resources . Find the share by name or ticker symbol: LRS. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Latin Resources reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
- Check in on your investment. Congratulations, you own a part of Latin Resources . 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.
What's in this guide?
- Latin Resources key stats
- Compare share trading platforms
- Is Latin Resources stock a buy or sell?
- Latin Resources performance over time
- Are Latin Resources shares over-valued?
- Latin Resources 's financials
- How volatile are Latin Resources shares?
- Does Latin Resources pay a dividend?
- Have Latin Resources shares ever split?
- Other common questions
Latin Resources stock price (ASX:LRS)Use our graph to track the performance of LRS stocks over time.
Latin Resources shares at a glance
|52-week range||$0.015 - $0.089|
|50-day moving average||$0.0431|
|200-day moving average||$0.0496|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$0.001|
Compare share trading platforms
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
Is it a good time to buy Latin Resources 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.
Latin Resources price performance over time
|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%|
Is Latin Resources under- or over-valued?
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 P/E ratio
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.
Latin Resources financials
|Gross profit TTM||$177,407|
|Return on assets TTM||-19.03%|
|Return on equity TTM||-73.31%|
|Market capitalisation||$59.2 million|
TTM: trailing 12 months
Latin Resources share dividends
We're not expecting Latin Resources to pay a dividend over the next 12 months.
Have Latin Resources 's shares ever split?
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.
Latin Resources share price volatility
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 overview
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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