What caused LSR.AX to fall pre-market on 03 Jan 2026?

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.

What are Meyka AI's forecasts for LSR.AX?

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.

What price targets and catalysts should investors watch?

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.

How does LSR.AX compare to the Basic Materials sector?

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.

AU Stocks

LSR.AX down 14.29% to A$0.012 pre-market 03 Jan 2026: watch liquidity

ByDanny Kontos January 2, 2026January 2, 2026

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.