Latin Resources Limited (LRS.AX)
Latin Resources Limited operates in the Industrial Materials industry of the Basic Materials sector, headquartered in West Leederville, WA, AU. The stock last traded at $0.17, down 2.94% on the session, giving a market capitalisation of $477.7M. Its beta of 2.04 implies it has historically moved more than the broad market.
Latin Resources Limited specializes in the prospecting and evaluation of mineral assets across a broad geographical footprint encompassing Australia, Brazil, Peru, and Argentina. The firm primarily targets valuable deposits of lithium, silver, lead, copper, and gold. Its extensive portfolio includes the Cloud Nine Halloysite-Kaolin discovery near Merredin, Western Australia; the Salinas Lithium venture in Minas Gerais, Eastern Brazil; and the Catamarca Lithium initiative in Argentina. Additionally, the company is involved with the MT-03 Copper project in Peru, the Big Grey project situated in Western Australia's Patterson region, and the Yarara project in New South Wales. Latin Resources also maintains a suite of undertakings within Peru's rich Andes porphyry copper belt district. Established in 2008, the company's central operations are based in West Leederville, Australia.
Latin Resources Limited is most often compared with the following Basic Materials names: