What is the current price and volume for LRS.AX stock?

LRS.AX stock trades at **A$0.165** with volume of **44,887,592** shares, well above the average of **9,775,003**, indicating strong intraday activity and interest.

What valuation metrics matter most for Latin Resources (LRS.AX)?

Key metrics are EPS **-0.01**, PE **-16.50** (negative), price-to-book **3.58**, cash per share **A$0.0207**, and free cash flow per share **-A$0.017**, highlighting early-stage exploration risk and capital intensity.

What price targets and forecast exist for LRS.AX stock?

Meyka AI's model projects **A$0.086** in one year (implied **-47.85%**). We suggest a pragmatic near-term range **A$0.09** (conservative) to **A$0.28** (bull case). Forecasts are model projections, not guarantees.

What catalysts could move the LRS.AX stock price?

Material catalysts include drill results from Salinas and Cloud Nine projects, JV or offtake news, and financing updates. Any positive operational news typically leads to short-term price spikes for exploration stocks like LRS.AX.

AU Stocks

A$0.165 LRS.AX Latin Resources (ASX) pre-market 04 Feb 2026: Volume spike ahead

ByDanny Kontos February 4, 2026February 4, 2026

LRS.AX stock opened pre-market at A$0.165 on 04 Feb 2026 after an outsized trade day with 44,887,592 shares changing hands. Latin Resources Limited (LRS.AX) is the most active ASX small-cap today by volume, trading well above its 50-day average of A$0.158 and near the 200-day of A$0.186. We look at why volume is surging, how fundamentals and valuations line up, and what short-term price targets and model forecasts imply for traders and investors in Australia’s Basic Materials sector.