Latin Resources Share Price and Company Fundamentals
Last traded: Today at 5:10 AM
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. It holds interests in the Cloud Nine Halloysite-Kaolin deposit located in Merredin, western Australia; Salinas Lithium project located in Minas Gerais, eastern Brazil; and Catamarca Lithium project located in Argentina. The company also holds interests in the MT-03 Copper project located in Peru; Big Grey project located in the Patterson region of western Australia; and Yarara project located in New South Wales. In addition, it holds a portfolio of projects located in the Andes porphyry copper belt district, Peru. Latin Resources Limited was incorporated in 2008 and is headquartered in West Leederville, Australia.
|Primary activities||Andalusite, Heavy Mineral Sands, Copper and gold exploration.|
|Industry / Sector||Other Industrial Metals & Mining / Basic Materials|
|Mailing address||32 Harrogate Street Unit 3 West Leederville WA 6007 Australia|
|Phone / Fax||61 8 6117 4798 / 61 8 9380 9666|
|Share registry||COMPUTERSHARE INVESTOR SERVICES PTY LIMITED|
Latin Resources paid $0.00 dividend and the ex-dividend date was .The dividend payout ratio is 0.00%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.LRS dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
LRS's forward dividend amount is $ and the forward dividend yield is . A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
As of Oct 2022, following are the company executives and directors listed on Latin Resources.
|Mr. Christopher Peter Gale||MD & Exec. Director||374k|
|Mr. Yugi Gouw||Chief Financial Officer||128.99k|
|Mr. Anthony Greenaway B.Sc., BSc (Geology)||Head/GM of Exploration||158.56k|
|Ms. Sarah Smith||Company Sec.||51.8k|
Profitability and management effectiveness
Return on assets
Return on equity
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Latin Resources is and its enterprise value is .
The LRS's stocks Beta value is 1.96 making it 96% more volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
Companies similar to Latin Resources (LRS)
- Bluescope Steel (BSL)
- Boral (BLD)
- Brickworks (BKW)
- Adbri (ABC)
- Alumina (AWC)
- Amcor Plc (AMC)
- Bhp Group (BHP)
- Fletcher Building (FBU)
- IGO (IGO)
- CSR (CSR)
- Evolution Mining (EVN)
- Fortescue Metals Group (FMG)
- Gold Road Resources (GOR)
- Iluka Resources (ILU)
- Lynas Rare Earths (LYC)
- Mineral Resources (MIN)
- Newcrest Mining (NCM)
- Northern Star Resources (NST)
- Nufarm (NUF)
- Incitec Pivot (IPL)
- James Hardie Industries Plc (JHX)
- Oz Minerals (OZL)
- Orora (ORA)
- Resolute Mining (RSG)
- Silver Lake Resources (SLR)
- Sims (SGM)
- South32 (S32)
- Perenti Global (PRN)
- Orica (ORI)
- Pilbara Minerals (PLS)
- Regis Resources (RRL)
- Sandfire Resources (SFR)
- St Barbara (SBM)
- Rio Tinto (RIO)
- Western Areas (WSA)
Latin Resources (ASX:LRS) Frequently Asked Questions
1. What is Latin Resources's Stock Symbol?
Latin Resources trades on ASX under the ticker symbol "LRS".
2. What is Latin Resources's stock price today?
One share of LRS stock can currently be purchased for approximately $0.11.
3. How can I contact Latin Resources?
Latin Resources's mailing address is 32 Harrogate Street Unit 3 West Leederville WA 6007 Australia. The company can be reached via phone at 61 8 6117 4798.
4. What is Latin Resources's official website?
The official website of Latin Resources is https://www.latinresources.com.au.
5. Which share registry manages Latin Resources's stock?
Latin Resources's stock is managed by COMPUTERSHARE INVESTOR SERVICES PTY LIMITED.