DiscovEx Resources Limited (LAT) Share Price & Analysis

5 Followers

LAT Stock Chart & Stats

A$0.12A$0.00(1.74%)

At close: Nov 11 4:00 PM GMT+11

Day’s Range: AUD 0.12 - AUD 0.12
52-Week Range: AUD 0.05 - AUD 0.23
Previous Close: AUD 0.12
Volume: N/A
Average Volume (3M): 102.45K
Market Cap: AUD 20.94M
Enterprise Value: AUD 15.78M
Total Cash (Recent Filing): AUD 1.54M
Total Debt (Recent Filing): AUD 30.77K
Price to Earnings (P/E): 11.5
Beta: 2.05
Next Earnings: Mar 18, 2027 (Est.)
EPS Estimate: N/A
Next Dividend Ex-Date: N/A
Dividend Yield: N/A

Bulls Say, Bears Say

Bulls Say

Very Low Leverage

Consistently near-zero debt-to-equity materially reduces solvency and refinancing pressure while preserving financial flexibility. A lightly leveraged balance sheet gives DiscovEx more capacity to withstand exploration volatility and potentially fund project advancement without excessive fixed financing obligations.

Positive Equity Base

Positive equity relative to debt provides a balance-sheet cushion against the uncertainty inherent in early-stage mineral exploration. This supports financial resilience and gives the company a stronger base from which to pursue exploration programs, acquisitions, or other project-development opportunities.

Project Advancement Model

DiscovEx has a defined exploration model centered on acquiring prospects and advancing them through geological work and drilling toward discovery or development. This creates multiple potential value-creation pathways through resource definition, project advancement, or eventual transaction outcomes.

Bears Say

No Reported Revenue

The absence of reported revenue means DiscovEx has not yet demonstrated commercial operating traction or an internally funded business model. Until projects reach development or transaction milestones, future value remains dependent on exploration success rather than recurring sales growth.

Persistent Operating Losses

Recurring negative gross profit, EBIT and EBITDA indicate that the core business is not yet generating operating earnings. This limits evidence of scalable economics and leaves profitability dependent on successful project progression, financing, or non-operating outcomes over the medium term.

Ongoing Cash Burn

Negative operating and free cash flow across the reported years shows that exploration consumes cash before producing operating inflows. Continued dependence on external funding can dilute existing holders or constrain activity if financing conditions or investor support weaken.

DiscovEx Resources Limited News

Latitude 66 Sets Date for 2026 Annual General Meeting

DiscovEx Resources Limited ( ($AU:LAT) ) has shared an announcement. DiscovEx Resources’ subsidiary Latitude 66 Ltd has called its Annual General Meeting for 2.00pm AWST on Thursday, 26 November 2026

2w agoLAT

Latitude 66 Advances Finnish Gold-Cobalt Project and Bolsters Laverton Resources

DiscovEx Resources Limited ( ($AU:LAT) ) has issued an announcement. Latitude 66 reported a strong September quarter, securing exploration permits over the K1, K2 and K3 deposits at its KSB

2w agoLAT

Latitude 66 Boosts Cash Reserves Through Tenement and Investment Sales

The latest announcement is out from DiscovEx Resources Limited ( ($AU:LAT) ). Latitude 66 Ltd is a mining exploration company focused on identifying and advancing mineral tenements, operating within the

2w agoLAT

Lat66 Launches Resource-Growth Drilling at Finnish Gold-Cobalt Project

An announcement from DiscovEx Resources Limited ( ($AU:LAT) ) is now available. Latitude 66 Limited has begun a 2,500m diamond drilling program at its KSB Gold-Cobalt Project in northern Finland,

4w agoLAT

Latitude 66 Details Governance Framework and Diversity Position

DiscovEx Resources Limited ( ($AU:LAT) ) has shared an update. Latitude 66 Ltd has built a governance framework that closely follows the ASX Corporate Governance Council’s Principles and Recommendations, supported

1M agoLAT

Latitude66 Ltd Releases 2026 Annual Report Detailing Operations and Financials

DiscovEx Resources Limited ( ($AU:LAT) ) just unveiled an announcement. Latitude66 Ltd has released its annual report for the year ended 30 June 2026, outlining its corporate governance, operational review

1M agoLAT

Latitude 66 Scoping Study Points to High-Margin Gold-Cobalt Mine in Finland

An announcement from DiscovEx Resources Limited ( ($AU:LAT) ) is now available. Latitude 66 has released a 2026 Scoping Study for its KSB Gold-Cobalt Project in Finland, outlining a standalone

2M agoLAT

Lat66 lifts global gold resources with Laverton discovery

The latest announcement is out from DiscovEx Resources Limited ( ($AU:LAT) ). Latitude 66 has announced a combined Mineral Resource Estimate of 339,000 ounces of gold at its Tin Dog

2M agoLAT

Latitude 66 unlocks A$5.19m from non-core asset sales to fund core projects

DiscovEx Resources Limited ( ($AU:LAT) ) just unveiled an update. Latitude 66 Limited has completed the sale of its non-core Piastri Project to Capricorn Metals, receiving 102,172 Capricorn shares valued

2M agoLAT

Latitude 66 Raises A$3.4m from Sale of Non-Core Royalty Portfolio

DiscovEx Resources Limited ( ($AU:LAT) ) has issued an update. Latitude 66 has agreed to sell two non-core Australian royalty interests, the Kalman Royalty in Queensland and the Sylvania Royalty

2M agoLAT

LAT FAQ

What was DiscovEx Resources Limited’s price range in the past 12 months?

DiscovEx Resources Limited lowest share price was AU$0.05 and its highest was AU$0.23 in the past 12 months.

What is DiscovEx Resources Limited’s market cap?

DiscovEx Resources Limited’s market cap is AU$20.94M.

When is DiscovEx Resources Limited’s upcoming earnings report date?

The company’s upcoming earnings report date is not yet available.

How were DiscovEx Resources Limited’s earnings last quarter?

DiscovEx Resources Limited released its earnings results on Sep 29, 2026. The company reported -AU$0.017 earnings per share for the quarter.

Is DiscovEx Resources Limited overvalued?

Not enough analysts have published a price target to calculate whether the price is overvalued.

Does DiscovEx Resources Limited pay dividends?

DiscovEx Resources Limited does not currently pay dividends.

What is DiscovEx Resources Limited’s EPS estimate?

DiscovEx Resources Limited’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does DiscovEx Resources Limited have?

DiscovEx Resources Limited has 182,045,970 shares outstanding.

What happened to DiscovEx Resources Limited’s price movement after its last earnings report?

DiscovEx Resources Limited reported an EPS of -AU$0.017 in its last earnings report. Following the earnings report the stock price went same 0%.

Which hedge fund is a major shareholder of DiscovEx Resources Limited?

Currently, no hedge funds are holding shares in AU:LAT

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

DiscovEx Resources Limited Stock Smart Score

Neutral

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