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Larvotto Resources Limited
(Sydney:LRV)
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Rating:41Neutral
Price Target:
AU$1.00
â–Ľ(-20.63% Downside)
Action:Reiterated
Date:07/18/26
The score is driven primarily by weak financial performance (persistent losses, recurring cash burn, and sharply higher leverage). Technicals are also unfavorable with the stock trading below major moving averages and negative MACD, partially offset by oversold momentum signals. Valuation provides limited support due to negative earnings and no stated dividend yield.
Positive Factors
Larger asset base
A larger asset base and positive equity provide Larvotto with more financial substance than its earlier balance sheets, which carried no debt. This expansion may support continued project evaluation and development work, although the benefit depends on converting assets into productive and cash-generating operations.
Negative Factors
Persistent and worsening losses
Ongoing and worsening losses indicate that Larvotto has not yet demonstrated a profitable operating model. Continued negative earnings reduce internally generated funding for exploration and development, while the lack of operating leverage makes future results highly dependent on successful project advancement or additional financing.
Read all positive and negative factors
Positive Factors
Negative Factors
Larger asset base
A larger asset base and positive equity provide Larvotto with more financial substance than its earlier balance sheets, which carried no debt. This expansion may support continued project evaluation and development work, although the benefit depends on converting assets into productive and cash-generating operations.
Read all positive factors
Larvotto Resources Limited (LRV) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$566.65M
Dividend YieldN/A
Average Volume (3M)2.30M
Price to Earnings (P/E)―
Beta (1Y)2.32
Revenue GrowthN/A
EPS Growth56.36%
CountryAU
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)N/A
Shares Outstanding519,861,400
10 Day Avg. Volume2,136,169
30 Day Avg. Volume2,295,072
Financial Highlights & Ratios
PEG Ratio2.02
Price to Book (P/B)5.20
Price to Sales (P/S)0.00
P/FCF Ratio-8.09
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$1.50Price Target Upside19.05% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Larvotto Resources Limited Business Overview & Revenue Model
Company Description
Larvotto Resources Limited, established in 2020 and headquartered in Nedlands, Australia, specializes in the procurement, exploration, assessment, and advancement of mineral assets throughout Australia and New Zealand. The company's exploration ef...
Larvotto Resources Limited Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
28
Negative
Cash Flow
10
Very Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 426.10K | 67.91K | 1.41M | 0.00 |
| Gross Profit | -453.37K | -535.90K | -192.28K | 4.99K | 1.39M | -4.45K |
| EBITDA | -15.35M | -19.60M | -13.25M | -4.98M | -1.94M | -1.51M |
| Net Income | -13.69M | -19.11M | -13.62M | -6.42M | -1.96M | -1.51M |
Balance Sheet | ||||||
| Total Assets | 274.47M | 263.62M | 44.41M | 17.17M | 7.93M | 5.90M |
| Cash, Cash Equivalents and Short-Term Investments | 88.39M | 179.44M | 27.97M | 2.43M | 6.46M | 4.67M |
| Total Debt | 145.61M | 147.32M | 6.53M | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 177.81M | 162.72M | 13.12M | 5.85M | 106.91K | 234.91K |
| Stockholders Equity | 96.66M | 100.90M | 31.29M | 11.32M | 7.83M | 5.67M |
Cash Flow | ||||||
| Free Cash Flow | -54.32M | -64.81M | -10.87M | -5.99M | -2.01M | -1.79M |
| Operating Cash Flow | -17.65M | -13.89M | -10.79M | -5.74M | -1.80M | -1.63M |
| Investing Cash Flow | -125.24M | -57.36M | -415.04K | -5.38M | -281.25K | -159.33K |
| Financing Cash Flow | 203.88M | 114.11M | 36.79M | 7.09M | 3.88M | 6.33M |
Larvotto Resources Limited Technical Analysis
Negative
1.26
Price Trends
1.17
Negative
1.22
Negative
1.25
Negative
Market Momentum
-0.01
Negative
45.24
Neutral
45.42
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:LRV, the sentiment is Negative. The current price of 1.26 is above the 20-day moving average (MA) of 1.09, above the 50-day MA of 1.17, and above the 200-day MA of 1.25, indicating a bearish trend. The MACD of -0.01 indicates Negative momentum. The RSI at 45.24 is Neutral, neither overbought nor oversold. The STOCH value of 45.42 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:LRV.
Larvotto Resources Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
66 Neutral | AU$723.53M | 16.63 | 12.48% | 235.60% | 29.37% | 102.31% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
57 Neutral | AU$663.97M | -13.01 | -9.19% | 0.93% | 2.93% | 50.61% | |
47 Neutral | AU$364.63M | -59.24 | -4.32% | ― | ― | 5.15% | |
42 Neutral | AU$754.23M | -7.62 | -19.64% | ― | ― | -566.67% | |
41 Neutral | AU$566.65M | -41.10 | -13.86% | ― | ― | 56.36% | |
41 Neutral | AU$507.67M | -286.11 | -1.01% | ― | ― | 68.42% |
* Basic Materials Sector Average
AU:LRV
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Larvotto Resources Limited Corporate Events
Larvotto Issues New Shares on Performance Rights Vesting Under Incentive Plan
Sep 23, 2026
Larvotto Resources Limited has issued 100,000 new ordinary shares following the vesting and exercise of an equivalent number of performance rights under its Long-Term Incentive Plan, expanding its share base without drawing on existing placement c...
Larvotto Resources Seeks ASX Quotation for Additional Ordinary Shares
Sep 23, 2026
Larvotto Resources Limited has applied for quotation on the ASX of 100,000 ordinary fully paid shares under its existing code LRV, with an issue date of 23 September 2026. The additional securities, resulting from the exercise or conversion of exi...
Larvotto Converts Performance Rights Into New ASX-Quoted Shares
Sep 21, 2026
Larvotto Resources Limited has converted 127,523 performance rights into ordinary shares under its Long-Term Incentive Plan, reinforcing its use of equity-based remuneration to reward vested incentives. The new shares have been applied for quotati...
Larvotto Resources Adds 127,523 New Shares to ASX Quotation
Sep 21, 2026
Larvotto Resources Limited has applied for the quotation of 127,523 new ordinary fully paid shares on the ASX, with an issue date of September 21, 2026. The additional securities arise from the exercise of options or conversion of other securities...
Larvotto Issues New Shares on Vesting of Performance Rights
Sep 15, 2026
Larvotto Resources Limited has confirmed that 127,500 performance rights under its Long-Term Incentive Plan have vested and been exercised, resulting in the issue of an equivalent number of ordinary shares. The company has lodged an application wi...
Larvotto Resources Expands ASX-Quoted Share Capital
Sep 15, 2026
Larvotto Resources Limited, an ASX-listed mineral exploration and development company, provides investors with exposure to the mining sector through its ordinary fully paid shares trading under the code LRV on the Australian Securities Exchange.Th...
Larvotto Resources Files Interim Half‑Year Financial Report
Sep 10, 2026
Larvotto Resources Limited has issued its interim consolidated financial report for the half‑year ended 30 June 2026, covering the parent company and its controlled entities. The report includes the directors’ report, full financial st...
Larvotto Extends High-Grade Mineralisation at Clarks Gully with New Drill Results
Sep 6, 2026
Larvotto Resources has reported strong diamond drilling results from the Clarks Gully prospect at its 100%-owned Hillgrove Antimony-Gold Project in New South Wales, identifying multiple high-grade gold-antimony-tungsten intersections. The results ...
Larvotto Issues Shares on Vesting of Performance Rights Under Incentive Plan
Sep 3, 2026
Larvotto Resources Limited has confirmed that 130,500 performance rights granted under its Long-Term Incentive Plan have vested and been exercised, resulting in the issue of an equivalent number of ordinary shares. The new shares were issued under...
Larvotto Resources Seeks ASX Quotation for 130,500 New Shares
Sep 3, 2026
Larvotto Resources Limited has applied for quotation on the ASX of 130,500 new fully paid ordinary shares under the code LRV. The additional securities arise from the exercise or conversion of existing options or other convertible instruments, mod...
Larvotto Resources Grants 546,000 Unquoted Performance Rights Under Incentive Scheme
Sep 2, 2026
Larvotto Resources Limited has issued 546,000 unquoted performance rights under its employee incentive scheme, effective 2 September 2026. These securities are subject to transfer restrictions and will not be quoted on the ASX until those restrict...
Larvotto Starts Production at Globally Significant Hillgrove Antimony-Gold Mine
Aug 31, 2026
Larvotto Resources Limited has commenced production of gold and antimony at its redeveloped Hillgrove Mine in New South Wales, marking the completion of a major plant upgrade to world best practice standards. The operation is expected to become Au...
Larvotto Resources Reports Lapse of Performance Rights
Aug 31, 2026
Larvotto Resources Limited has announced the cessation of 188,190 performance rights, recorded as LRVAH securities on the ASX. The rights lapsed on August 31, 2026 because the conditions attached to these securities were not met or became incapabl...
Larvotto Issues New Shares on Conversion of Performance Rights Under Incentive Plan
Aug 17, 2026
Larvotto Resources Limited has converted 35,000 performance rights into an equivalent number of ordinary shares under its Long-Term Incentive Plan, reflecting the vesting and exercise of these rights by eligible participants. The newly issued shar...
Larvotto Resources Seeks ASX Quotation for Additional Shares
Aug 17, 2026
Larvotto Resources Limited has applied for quotation on the ASX of 35,000 new ordinary fully paid shares issued on 14 August 2026. The small-scale issuance, arising from the exercise or conversion of existing securities, marginally increases the c...
Hammer Metals to Exit Larvotto Deal and Back Superior Austral Takeover
Aug 10, 2026
Hammer Metals has confirmed that Larvotto Resources will not exercise its matching rights to submit a counterproposal for Hammer, clearing the way for a superior takeover offer from Austral Resources Australia to proceed. Once the Larvotto matchin...
Larvotto Walks Away from Hammer Bid, Refocuses on Hillgrove Output
Aug 9, 2026
Larvotto Resources has decided not to lodge a counterproposal to Hammer Metals’ board after Hammer determined that a competing bid from Austral Resources constituted a superior offer under their existing scheme implementation deed. The compa...
Larvotto Resources Flags First Critical Minerals Production This Month
Aug 3, 2026
Larvotto Resources Limited used its August 2026 Diggers and Dealers presentation to highlight that first production is scheduled to commence this month, marking its transition from explorer to producer in the critical minerals space. The company f...
Larvotto accelerates Hillgrove restart and expands Mt Isa copper footprint
Jul 31, 2026
Larvotto Resources has advanced development at its Hillgrove antimony-gold project, moving into staged commissioning of the processing facility and reporting strong drilling results that extend high-grade mineralisation at the Metz Mining Centre. ...
Larvotto Resources Reports Lapse of 153,323 Performance Rights
Jul 31, 2026
Larvotto Resources Limited has reported the cessation of 153,323 performance rights, designated under ASX code LRVAH, following the lapse of conditional rights that could not be satisfied. The rights expired on 31 July 2026, resulting in a reducti...
Larvotto flags imminent first output as it sharpens risk caveats
Jul 23, 2026
Larvotto Resources used the Noosa Mining Investor Conference in July 2026 to position itself as Australia’s next critical mineral producer, highlighting that its first production phase is imminent. The company framed the presentation as info...
Larvotto Resources Issues New Unquoted Performance Rights Under Incentive Plan
Jul 13, 2026
Larvotto Resources Limited has notified the market of the issue of 432,175 unquoted performance rights under its employee incentive scheme, effective 13 July 2026. These securities are subject to transfer restrictions and will not be quoted on the...
Larvotto Exercises Option on Blockade Copper Mine After Strong Drilling Results
Jul 8, 2026
Larvotto Resources has exercised its option to acquire exclusive rights to explore, develop and mine the Blockade Copper Mine after due diligence drilling confirmed strong copper mineralisation beneath the historical open pit. The project sits on ...
Larvotto Resources Cuts Capital After Performance Rights Lapse
Jul 2, 2026
Larvotto Resources Limited has announced the cessation of 40,490 performance rights, which lapsed after the conditions attached to those rights were not met or became incapable of being satisfied as of June 30, 2026. The lapse reduces the company&...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.