A$0.165 LRS.AX Latin Resources ASX Pre-Market 21 Jan 2026: monitor catalyst
We start the pre-market most-active list with LRS.AX stock trading at A$0.165 as of the open on 21 Jan 2026. Volume is heavy at 44,887,592 shares versus an average of 9,775,003, showing strong intraday interest. Market cap sits at A$477,661,789. Price is below the 200-day average of A$0.1861 but above the 50-day average of A$0.1584. This update connects recent trading activity to the company’s exploration fundamentals and short-term technical levels.
Pre-market price and liquidity snapshot for LRS.AX stock
LRS.AX stock opened at A$0.17 and is trading at A$0.165, down 2.94% from the prior close. Intraday range is A$0.16–A$0.17. Volume of 44.89M equals a relative volume of 4.59, which explains its most-active tag. High liquidity can amplify moves on news or drilling updates.
Fundamentals and valuation view on Latin Resources (LRS.AX stock)
Latin Resources reports an EPS of -0.01 and a reported PE shown in some feeds as -16.5, reflecting negative earnings. Key ratios include PB 3.58, current ratio 7.33, and cash per share A$0.0207. The company is exploration-focused in lithium, copper and halloysite, so revenue metrics are limited. These fundamentals support a speculative valuation profile compared to ASX basic materials peers.
Technical setup and short-term price targets for LRS.AX stock
Price sits between the 50-day average A$0.1584 and the 200-day average A$0.1861. Short-term support is A$0.16 and resistance near A$0.18–A$0.19. We set a technical range: bear target A$0.09, base case A$0.17, bull target A$0.28 (year high). Volume-led break above A$0.19 would signal follow-through toward the bull target.
Meyka AI grade and model forecast for LRS.AX stock
Meyka AI rates LRS.AX with a score out of 100: 58.89 | Grade: C+ | Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects a one-year price of A$0.08604, implying -47.85% versus the current A$0.165. Forecasts are model-based projections and not guarantees.
Sector context and catalysts affecting LRS.AX stock
Latin Resources sits in ASX Basic Materials, a sector up 11.23% YTD. Commodity tone, lithium and copper prices, and South American exploration results will drive sentiment. Near-term catalysts include drilling updates, JV announcements, and the upcoming earnings date on 31 Jan 2025 as listed in company feeds. Regulatory or permitting moves in Brazil and Peru would change risk materially.
Risks, liquidity and investor considerations for LRS.AX stock
Major risks: continued negative earnings, exploration failures, and commodity price swings. The company shows low debt (debt/equity 0.0019) but negative cash flow metrics. High trading volume increases volatility and execution risk. Investors should treat LRS.AX as speculative exposure to lithium and copper exploration, and size positions accordingly.
Final Thoughts
LRS.AX stock is the most-active micro-cap on the ASX pre-market screen with A$0.165 price and 44.89M shares traded. Short-term technicals give support at A$0.16 and resistance near A$0.19. Meyka AI rates LRS.AX 58.89/100 (Grade C+, HOLD) and flags a model one-year projection of A$0.08604, implying -47.85% versus today’s price. That forecast contrasts with a bullish technical target up to A$0.28 if drilling or JV news arrives. For traders, heavy volume suggests momentum risks and opportunities. For longer-term investors, fundamentals remain speculative while exploration results and commodity cycles will determine value. Use stop-losses and position sizing aligned with high volatility. For source documents and company filings see the company site and ASX announcements; Meyka AI provides this as an AI-powered market analysis platform and not personal financial advice. Forecasts are model-based projections and not guarantees.
FAQs
What is the current price and volume for LRS.AX stock?
LRS.AX stock is trading at A$0.165 with volume 44,887,592 shares pre-market. Average daily volume is 9,775,003, so liquidity is currently elevated.
What grade does Meyka AI give LRS.AX stock and why?
Meyka AI rates LRS.AX 58.89/100 (C+, HOLD). The grade incorporates benchmark and sector comparisons, financial growth, key metrics, and forecast data. This is informational and not investment advice.
What price targets and forecast exist for LRS.AX stock?
Meyka AI’s forecast model projects A$0.08604 in one year, implying -47.85% versus A$0.165. Technical targets range from A$0.09 (bear) to A$0.28 (bull) depending on news and drilling results.
What are the main risks for investors in LRS.AX stock?
Key risks include negative earnings, exploration failures, commodity price swings, and regulatory outcomes in South America. High intraday volume increases volatility and trading risk.
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.
