Lion Selection Group Limited (LSX.AX)
Lion Selection Group Limited operates in the Asset Management industry of the Financial Services sector, headquartered in Melbourne, VIC, AU. The stock last traded at $0.89, up 0.56% on the session, giving a market capitalisation of $127.5M. Its beta of 0.55 implies it has historically moved less than the broad market.
Lion Selection Group Limited functions as a Listed Investment Company (LIC) dedicated to identifying and funding early-stage investment prospects. The firm strategically focuses its capital on mining companies involved with precious and base metals, explicitly excluding any enterprises engaged in oil or gas extraction. Its primary investment geography is Australia, where it seeks out projects that are either nearing the development phase or possess advanced exploration potential. The company caps individual investments at 30% of its total capital, typically maintaining these positions for a duration of three to five years. This entity is headquartered in Melbourne, Australia.
Lion Selection Group Limited is most often compared with the following Financial Services names: