Latin Resources Limited

LRS

AU000000LRS6

Diversified Mining

Market Closed - Australian S.E. Other stock markets 02:10:59 2024-05-14 am EDT			5-day change	1st Jan Change
0.245 ^AUD	0.00%		+4.26%	-14.04%

May. 13	Latin Resources Completes Drilling at Colina Deposit	MT
Mar. 26	Latin Resources Limited Reports Earnings Results for the Full Year Ended December 31, 2023	CI

Latin Resources welcomes new high-quality institutional investors in $37 million raise

April 26, 2023 at 11:01 am EDT

(via NewsDirect)

Latin Resources Ltd (ASX:LRS) MD Chris Gale speaks with Proactive soon after announcing the company has raised $37.1 million in a well-received placement full of battery metals heavy hitters as well as Brazil’s largest investment bank. Following the raise, Latin will have a cash balance of around $57 million (before costs) and is fully funded for an aggressive resource definition program to increase the size and indicated JORC mineral resource at the Colina lithium deposit.

Contact Details

Proactive Investors

Jonathan Jackson

+61 413 713 744

jonathan@proactiveinvestors.com

Latest news about Latin Resources Limited

Latin Resources Completes Drilling at Colina Deposit	May. 12	MT
Latin Resources Limited Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 26	CI
Latin Resources Affirms High-Grade Results from Salinas Lithium Project	Mar. 26	MT
Latin Resources Shelves Spinout of Lachlan Fold Belt Projects; Shares Down 9%	Mar. 19	MT
Latin Resources Limited(ASX:LRS) added to S&P/ASX Small Ordinaries Index	Mar. 17	CI
Latin Resources Limited(ASX:LRS) added to S&P/ASX 300 Index	Mar. 17	CI
Latin Resources Limited(ASX:LRS) dropped from S&P/ASX Emerging Companies Index	Mar. 17	CI
Latin Resources Appoints COO	Feb. 29	MT
Latin Resources Appoints Peter Oliver as Executive Director and Chairman of Development Committee	Feb. 13	CI
Latin Resources' Spinoff Maverick Minerals Extends Priority Offer Period	Feb. 11	MT
Latin Resources Finds Spodumene Discovery at Salinas Project	Jan. 31	MT
Latin Resources Updates Mineral Resource of Salinas Project; Shares Jump 12%	Dec. 05	MT
Latin Resources Unearths Lithium at Salinas Project; Shares Fall 5%	Nov. 29	MT
Latin Resources Encounters Spodumene at Salinas Project; Shares Slump 10%	Nov. 21	MT
Sabre Resources to Raise Additional AU$700,000; Shares Climb 5%	Nov. 15	MT
As Aussie magnates gatecrash lithium deals, bankers get creative	Nov. 15	RE
Latin Resources to Begin Offtake Process at Brazil's Salinas Lithium Project	23-10-29	MT
Latin Resources Raises AU$35 Million via Institutional Placement; Shares Fall 6%	23-10-23	MT
Latin Resources Extends Lithium at Salinas Project	23-10-18	MT
Australian Shares End Six-Day Rally as US Core Services Inflation Remains Firm	23-10-13	MT
Latin Resources Spinning Out Lachlan Fold Belt Project; Shares Rise More than 3%	23-10-12	MT
Maverick Minerals Pty Ltd entered into a binding heads of agreement to acquire Lachlan Fold Belt Project from Latin Resources Limited for AUD 1.4 million.	23-10-12	CI
Latin Resources Limited Reports Earnings Results for the Half Year Ended June 30, 2023	23-09-13	CI
Latin Resources Added to MSCI Global Index	23-09-04	MT
Latin Resources Hits High-Grade Lithium at Salinas Lithium Project in Brazil	23-08-28	MT

Chart Latin Resources Limited

Duration

Period

More charts

Company Profile

Latin Resources Limited is an Australia-based mineral exploration company focused on developing mineral projects in commodities. The Company's projects include Cloud Nine Halloysite-Kaolin Deposit, Salinas Lithium project, Catamarca Lithium project, CRC CARE Emissions Reduction Research project and MT-03 Copper project. The Cloud Nine Halloysite-Kaolin deposit is located approximately 300 kilometers (km) east of Perth in Western Australia and has demonstrated large scale resources of both halloysite and kaolin. The Salinas project is located approximately 10 km outside the town of Salinas, accessible by sealed roads. The project is located in the north-east of Minas Gerais, approximately 600 km north-east of Belo Horizonte. Catamarca Lithium project has accumulated hard rock spodumene landholding in Argentina, totaling over 70,000 hectares. The Company, through its subsidiary, Peruvian Latin Resources SAC (PLR), owns the MT03 project in southern Peru.

Sector

Diversified Mining

Calendar

2024-09-10 - Q2 2024 Earnings Release (Projected)

More about the company

Income Statement Evolution

More financial data

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

0.245 AUD

Average target price

0.73 AUD

Spread / Average Target

+197.96%

Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

Sector Integrated Mining

	1st Jan change	Capi.
LATIN RESOURCES LIMITED	-14.04%	454M
BHP GROUP LIMITED	-14.40%	145B
RIO TINTO PLC	-4.91%	119B
GLENCORE PLC	+4.32%	72.52B
SAUDI ARABIAN MINING COMPANY (MA'ADEN)	+1.96%	49.72B
GRUPO MÉXICO, S.A.B. DE C.V.	+8.99%	48.1B
ANGLO AMERICAN PLC	+32.93%	41.21B
HINDUSTAN ZINC LIMITED	+76.12%	29.29B
TECK RESOURCES LIMITED	+27.62%	26.67B
VEDANTA LIMITED	+67.30%	18.41B

Integrated Mining

Latin Resources Limited

Equities

LRS

AU000000LRS6

Diversified Mining

Latin Resources welcomes new high-quality institutional investors in $37 million raise

Contact Details

Latest news about Latin Resources Limited

Chart Latin Resources Limited

Company Profile

Income Statement Evolution

Analysts' Consensus

EPS Revisions

Annual profits - Rate of surprise

Sector Integrated Mining