LATIN RESOURCES LIMITED (LRS)
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LRS - LATIN RESOURCES LIMITED

FNArena Sector : Mining
Year End: December
GICS Industry Group : Materials
Debt/EBITDA: -0.01
Index: ASX300 | ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.185

21 Jun
2024

-0.005

OPEN

$0.19

-2.63%

HIGH

$0.19

11,177,581

LOW

$0.18

TARGET
$0.40 116.2% upside
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FNARENA'S MARKET CONSENSUS FORECASTS
LRS: 1
Title FY22
Actual
FY23
Actual
FY24
Forecast
FY25
Forecast
EPS (cps) xxx - 0.8 - 0.8 xxx
DPS (cps) xxx 0.0 0.0 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A N/A xxx
Dividend Yield xxx N/A 0.0% xxx
Div Pay Ratio(%) xxx N/A N/A xxx

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

0.00

Estimated Dividend Growth
(Average Of Past Three Years)

 %

Amount Invested

Tell Me The Dividend After This Many Years

Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages
HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx-0.8
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx0.0 M
Book Value Per Share xxxxxxxxxxxxxxx4.1
Net Operating Cash Flow xxxxxxxxxxxxxxx-3.8 M
Net Profit Margin xxxxxxxxxxxxxxx-

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx-23.53 %
Return on Invested Capital xxxxxxxxxxxxxxx-23.49 %
Return on Assets xxxxxxxxxxxxxxx-21.76 %
Return on Equity xxxxxxxxxxxxxxx-23.53 %
Return on Total Capital xxxxxxxxxxxxxxx-23.27 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-4.1 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx0 M
Long Term Debt xxxxxxxxxxxxxxx0 M
Total Debt xxxxxxxxxxxxxxx0 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx52 M
Price To Book Value xxxxxxxxxxxxxxx6.90

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx38.7 M
Capex % of Sales xxxxxxxxxxxxxxx-
Cost of Goods Sold xxxxxxxxxxxxxxx0 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx19 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx2 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

1
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Bell Potter

03/06/2024

1

Speculative Buy

$0.40

116.22%

Latin Resources is progressing permitting, offtake and financing to support a final investment decision (FID) at the Salinas Lithium Project located in Minas Gerais, Brazil, by the end of 2024, observes Bell Potter.

Helping to support this FID, notes the broker, the mineral resource estimate (MRE) has been upgraded. The Salinas global MRE is now
77.7Mt grading 1.24% Li2O compared with the December 2023 estimate of 70.3Mt at 1.27% Li2O.

Importantly, according to the analysts, the measured and indicated component of the Colina deposit (within the global MRE) is now 67.3Mt grading 1.27% Li2O, up from 41.0Mt at 1.36% Li2O.

The Speculative Buy rating and 40c target are unchanged for Latin Resources.

FORECAST
Bell Potter forecasts a full year FY24 dividend of 0.00 cents and EPS of minus -0.80 cents.
Bell Potter forecasts a full year FY25 dividend of 0.00 cents and EPS of minus -0.60 cents.

LRS STOCK CHART