LSR.AX down 14.29% to A$0.012 pre-market 03 Jan 2026: watch liquidity
LSR.AX (Lodestar Minerals Limited) fell 14.29% to A$0.012 in pre-market trade on 03 Jan 2026, ranking among the ASX top losers this session. The slide follows above-average selling: intraday volume reached 2,542,930 shares against an average volume of 12,031,078. Weak fundamentals, negative EPS of -0.02 AUD and a low current ratio of 0.16 are pressuring sentiment for the gold and base-metals explorer on the ASX in Australia.
Market snapshot — top losers in pre-market
Lodestar Minerals Limited (LSR.AX) is trading on the ASX at A$0.012 with a one-day drop of -14.29% and a market capitalisation of A$4,796,688.00, marking it as a pre-market top loser on 03 Jan 2026. The stock opened at A$0.013 and the session range so far is A$0.012–A$0.013, compared with a 50-day average price of A$0.022 and 200-day average price of A$0.018. Broad basic materials strength this year has not translated to Lodestar, highlighting pairwise divergence within the sector source.
Why shares fell — fundamentals and liquidity
Trading pressure stems from weak near-term fundamentals: EPS is -0.02 AUD and reported PE is -0.60, signalling ongoing losses. The company shows a current ratio of 0.16 and cash per share of 0.00010 AUD, which increases short-term funding risk for a small-cap explorer with 399,724,000 shares outstanding. Low free-cash-flow metrics and negative book value per share at -0.00160 AUD add to valuation concerns.
Technical picture and trading metrics
Technically LSR.AX shows downside momentum: RSI is 35.29 and Williams %R is -87.50, consistent with oversold conditions but no clear recovery signal; ADX at 11.59 indicates no established trend. Average volume is 12,031,078.00 but today’s volume of 2,542,930.00 implies thin immediate liquidity; on-balance volume remains negative. Short-term moving averages sit above the current price, which can weigh on short-term traders.
Meyka grade and valuation context
Meyka AI rates LSR.AX with a score out of 100: 70.27 (Grade B+, Suggestion: BUY). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. The company rating from third-party data dated 2025-03-03 shows a C rating and a sell recommendation on some metrics, underlining mixed signals between model-driven grade and other scorings.
Outlook, catalysts and price targets
Key near-term catalyst is the next earnings announcement on 10 Mar 2026; any update on exploration drill results or funding could move the stock. Our scenario price targets: conservative short-term target A$0.010 (aligned with monthly model), base case A$0.008 (yearly model), and upside scenario A$0.030 if exploration results and financing are favourable, referencing the stock’s year high of A$0.059 and year low of A$0.005. Investors should weigh the prospect of further dilution against project upside.
Sector comparison and risks
LSR.AX operates in the Basic Materials / Gold industry where 1-year sector performance is stronger than Lodestar’s trend; sector 1Y is +40.95% while Lodestar is trading below its 50-day average. Primary risks are exploration execution, funding/dilution and low liquidity; opportunities are commodity-driven rerating or successful drill results at Bulong, Jubilee Well or Earaheedy-Imbin projects. For recent market commentary on similar small-cap miners see finance coverage source.
Final Thoughts
LSR.AX (Lodestar Minerals Limited) is among the ASX top losers in pre-market on 03 Jan 2026 after a 14.29% fall to A$0.012, driven by weak liquidity, negative EPS of -0.02 AUD and a tight current ratio of 0.16. Meyka AI’s forecast model projects a monthly level near A$0.010 and a yearly level around A$0.008, implying model-based declines of about -16.67% and -33.33% respectively versus the current price of A$0.012. Meyka AI’s grade of 70.27 (B+, BUY) blends technicals, sector comparisons and growth metrics but does not remove risks from funding or exploration setbacks. Near-term upside depends on drill results and funding clarity ahead of the 10 Mar 2026 earnings update; downside remains meaningful without visible operational catalysts. Forecasts are model-based projections and not guarantees, and these figures should be treated as one input among broader due diligence.
FAQs
LSR.AX fell 14.29% to A$0.012 largely due to thin liquidity, increased intraday selling and weak fundamentals including EPS of -0.02 AUD and a low current ratio of 0.16, which raised short-term funding concerns.
Meyka AI’s forecast model projects a monthly value near A$0.010 and a yearly figure near A$0.008, implying model-based downside of about -16.67% and -33.33% versus the current A$0.012. Forecasts are projections and not guarantees.
Scenario targets: short-term A$0.010, base A$0.008, upside A$0.030 if exploration or financing improves; catalysts include the 10 Mar 2026 earnings update and drill results from Bulong, Jubilee Well or Earaheedy-Imbin projects.
While the Basic Materials sector shows strong 1-year performance (+40.95%), LSR.AX trades below its 50-day average and faces company-specific liquidity and balance sheet issues that distinguish it from larger sector peers.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
