LATIN RESOURCES LIMITED (LRS)
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LRS - LATIN RESOURCES LIMITED

FNArena Sector : Mining
Year End: December
GICS Industry Group : Materials
Debt/EBITDA: -0.05
Index: ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.21

28 Feb
2024

0.020

OPEN

$0.19

10.53%

HIGH

$0.22

13,996,147

LOW

$0.19

TARGET
$0.43 104.8% upside
OTHER COMPANIES IN THE SAME SECTOR
5EA . AMN . APC . ARV . AZS . AZY . BML . CNB . COD . DRE . EM2 . G1A . HFR . KLL . KSN . LM8 . PEX . PMT . QML . RTR . S2R . S32 . SVY .
FNARENA'S MARKET CONSENSUS FORECASTS
LRS: 1
Title FY21
Actual
FY22
Actual
FY23
Forecast
FY24
Forecast
EPS (cps) xxx N/A - 0.9 xxx
DPS (cps) xxx N/A 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: N/A

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

N/A

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 201720182019202020212022
EPS Basic xxxxxxxxxxxxxxx-0.4
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx-
Book Value Per Share xxxxxxxxxxxxxxx2.3
Net Operating Cash Flow xxxxxxxxxxxxxxx-3.3 M
Net Profit Margin xxxxxxxxxxxxxxx-

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201720182019202020212022
Return on Capital Employed xxxxxxxxxxxxxxx-23.02 %
Return on Invested Capital xxxxxxxxxxxxxxx-22.96 %
Return on Assets xxxxxxxxxxxxxxx-20.40 %
Return on Equity xxxxxxxxxxxxxxx-23.02 %
Return on Total Capital xxxxxxxxxxxxxxx-19.51 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-3.7 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 201720182019202020212022
Short-Term Debt xxxxxxxxxxxxxxx0 M
Long Term Debt xxxxxxxxxxxxxxx0 M
Total Debt xxxxxxxxxxxxxxx0 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx26 M
Price To Book Value xxxxxxxxxxxxxxx4.22

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201720182019202020212022
Capex xxxxxxxxxxxxxxx13.3 M
Capex % of Sales xxxxxxxxxxxxxxx-
Cost of Goods Sold xxxxxxxxxxxxxxx0 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx6 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx1 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

22/01/2024

1

Speculative Buy

$0.43

104.76%

Bell Potter lowers its near-term lithium price outlook due to recent additions to mine supply, and the severe impact of supply chain de-stocking on spot prices.

The broker now sees FY24 spodumene concentrate (SC6) prices averaging US$1,100/t, down from US$2,500/t, and forecasts lithium hydroxide prices will average US$18,125/t (previously US$32,500/t).

In the longer-term, Bell Potter sees risks of market deficits and the need for significant investment in new supply.

The Speculative Buy rating is unchanged for Latin Resources and the target falls to 43c from 46c.

FORECAST
Bell Potter forecasts a full year FY23 dividend of 0.00 cents and EPS of minus -0.90 cents.
Bell Potter forecasts a full year FY24 dividend of 0.00 cents and EPS of minus -0.80 cents.

LRS STOCK CHART