LARVOTTO RESOURCES LIMITED (LRV)
Share Price Analysis and Chart

19/10/2026

1

Buy

$1.40

65.68%

Moelis maintains a Buy rating for Larvotto Resources with its target price decreased to $1.40 from $1.50 following updated commodity price and foreign exchange inputs.

Lower near-term gold and antimony prices drive a -12% and -1% reduction in 2027 and 2028 EBITDA, alongside a -18% and -2% reduction in net profit over the same periods, reducing the adjusted cash flow valuation by -12%.

Lower near-term commodity prices reduce the net asset valuation by -2%, despite the uplift from an increased enterprise value to resource multiple.

The analyst observes weaker cash flow and net asset valuations outweigh the benefit of a higher resource multiple.

FORECAST
Moelis forecasts a full year FY26 dividend of 0.00 cents and EPS of minus -4.80 cents.
Moelis forecasts a full year FY27 EPS of 14.92 cents.