How to buy Latin Resources shares | A$0.019

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 listed in Australian Dollars. Its last market close was $0.019 – a decrease of 5% over the previous week. and has a market cap (total outstanding shares value) of $17.2 million.

How to buy shares in Latin Resources

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 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.
4. 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.
5. Decide on how many to buy. At today's price of $0.019, 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 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.

🧪How we chose these brokers

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 Latin Resources 's share price?

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

Its last market close was $0.019, which is 73.68% up on its pre-crash value of $0.005 and 850.00% up on the lowest point reached during the March crash when the shares fell as low as $0.002.

If you had bought $1,000 worth of Latin Resources shares at the start of February 2020, those shares would have been worth $600.00 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 $3,800.00.

Latin Resources share price

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

Latin Resources shares at a glance

• Key figures

Information last updated 2020-10-20.

Latest market close	AUDA$0.019
52-week range	AUDA$0.002 - AUDA$0.027
50-day moving average	AUDA$0.0179
200-day moving average	AUDA$0.0093
Target price	N/A
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.051

Share Trading Account Offer

IG Share Trading Offer

AUD 8

Standard brokerage - Australian shares

Share Trading Account Offer

Competitive broker fees on Australian and international shares

• Brokerage - AU shares: From AUD 5 or 0.05%
• Brokerage - US shares: USD 0
• Sign-up process: Instant
• Support - After hours: Yes

Go to site

More info

Important: Share trading carries risk of capital loss.

Compare share trading platforms

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 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.

Technical Analysis of Latin Resources Limited by TradingView

Latin Resources price performance over time

Historical closes compared with the close of A$0.019 on 2020-10-20

1 week (2020-10-13)	-5.00%
1 month (2020-09-21)	-5.00%
3 months (2020-07-20)	90.00%
6 months (2020-04-20)	660.00%

1 year (2019-10-17)	N/A
2 years (2018-10-18)	-84.80%
3 years (2017-10-20)	-78.29%
5 years (2015-10-20)	-90.50%

Latin Resources financials

Operating margin TTM	527511.5%
Gross profit TTM	$0
Return on assets TTM	-6.31%
Return on equity TTM	-1767.7%
Profit margin	0%
Book value	0.004
Market capitalisation	$17.2 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 3 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 $0.002 up to $0.027. 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 1.0474. This would suggest that Latin Resources 's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

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, copper, iron, and gold deposits. It holds interests in approximately 173,000 hectares of exploration concessions in the lithium pegmatite districts of Catamarca and San Luis Provinces, Argentina; and a portfolio of lithium projects in Brazil. The company also holds interests in the Noombenberry Halloysite project located in Merredin, Western Australia; and Big Grey Silver-Lead project in the Paterson region, Western Australia. Latin Resources Limited was founded in 2008 and is based in West Leederville, Australia.

Frequently asked questions

• What percentage of Latin Resources is owned by insiders?

  Currently 34.775% of Latin Resources shares are held by insiders.

• When does the fiscal year end for Latin Resources ?

  Latin Resources 's fiscal year ends in December.

• Where is Latin Resources based?

  Latin Resources 's address is: 32 Harrogate Street, West Leederville, WA, Australia, 6007

• What is Latin Resources 's ISIN number?

  Latin Resources 's international securities identification number is: AU000000LRS6