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How to buy Latin Resources (LRS) shares in Australia

Learn how to easily invest in Latin Resources shares.

Latin Resources 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 $91,299. If you're looking to buy shares, check out the steps below.

How to buy shares in Latin Resources

To buy shares listed in Australia such as Latin Resources , you'll need to sign up to a broker with access to the ASX. Our table can help you compare share trading platforms and choose. Then follow these steps.

  1. Open and fund your brokerage account.
    Complete an application with your personal and financial details, including your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
  2. 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.
  3. 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. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
  4. 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.
  5. Check on your investment.
    Congratulations, you own a part of Latin Resources . Optimise your portfolio by tracking how your stock and 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 affect your stock.

Latin Resources stock price (ASX:LRS)

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

Latin Resources shares at a glance

Information last updated 2024-06-06.
52-week range$0.125 - $0.4275
50-day moving average $0.2231
200-day moving average $0.2307
Target price$0.73
PE ratio N/A
Dividend yield N/A (0%)
Earnings per share (TTM) $-0.01

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Is it a good time to buy Latin Resources stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. 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

Historical closes compared with the last close of A$0.225

1 week (2024-06-04) -10.00%
1 month (2024-05-10) -13.46%
3 months (2024-03-12) 4.65%
6 months (2023-12-12) 12.50%
1 year (2023-06-09) 15.38%
2 years (2022-06-10) 216.90%
3 years (2021-06-11) 301.79%
5 years (2019-06-12) -76.00%

Latin Resources financials

Revenue TTM $91,299
Gross profit TTM $91,867
Return on assets TTM -13.78%
Return on equity TTM -24%
Profit margin 0%
Book value 0.041
Market capitalisation $686.8 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 the split, the next day you would own 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 $0.125 up to $0.4275. A popular way to gauge a stock's volatility is its "beta".

LRS.AU volatility(beta: 1.78)Avg. volatility(beta: 1.00)LowHigh

Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Latin Resources 's is 1.776. This would suggest that Latin Resources 's shares are more volatile than the average for this exchange and represent, relatively speaking, a higher risk (but potentially also market-beating returns).

Latin Resources overview

Latin Resources Limited explores and develops mining projects in Australia, Peru, Argentina, and Brazil. The company primarily explores for lithium, copper, and gold deposits. Its flagship project is the Salinas Lithium project, which consists of approximately 38,000 hectares located in the district of Minas Gerais, Brazil. The company was incorporated in 2008 and is headquartered in West Leederville, Australia.

Latin Resources in the news

There are no recent company news

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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