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Lode Resources Ltd (AU:LDR)
ASX:LDR
Australian Market

Lode Resources Ltd (LDR) AI Stock Analysis

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AU:LDR

Lode Resources Ltd

(Sydney:LDR)

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Neutral 52 (OpenAI - 5.2)
Rating:52Neutral
Price Target:
AU$0.24
▲(7.73% Upside)
The score is held back primarily by weak financial performance (persistent losses and meaningful cash burn relative to minimal revenue), partially offset by a low-debt balance sheet. Technicals are supportive with clear strength above major moving averages and positive momentum, while valuation provides limited support given the negative P/E and no dividend data.
Positive Factors
Portfolio Expansion
The acquisition of the Montezuma Antimony Project strengthens Lode's portfolio, potentially enhancing its market position in mineral exploration.
High-Grade Discoveries
High-grade mineral discoveries in key projects could significantly boost Lode's resource base, enhancing its competitive position in the critical minerals market.
Financial Position
A strong balance sheet with minimal debt provides financial stability and flexibility, supporting long-term strategic initiatives and reducing solvency risk.
Negative Factors
Ongoing Losses
Persistent losses and cash burn indicate challenges in achieving profitability, which could hinder long-term growth and sustainability.
Negative Cash Flow
Negative cash flow highlights ongoing financial strain, limiting the company's ability to invest in growth and potentially necessitating further financing.
Profitability Challenges
Continued negative profitability suggests difficulties in scaling operations and achieving sustainable earnings, impacting long-term viability.

Lode Resources Ltd (LDR) vs. iShares MSCI Australia ETF (EWA)

Lode Resources Ltd Business Overview & Revenue Model

Company DescriptionLode Resources Ltd engages in exploring gold, silver, and copper deposits. It holds 100% interests in seven exploration licenses located in the New England Fold Belt in northern New South Wales. The company was incorporated in 2019 and is based in Sydney, Australia.
How the Company Makes MoneyLode Resources Ltd generates revenue primarily through the exploration and development of mineral resources. The company invests in exploration activities to discover valuable mineral deposits and subsequently develops these sites into operational mines. Revenue is generated by selling extracted minerals to various industries, including manufacturing and technology sectors. Additionally, the company may engage in partnerships or joint ventures with other mining entities to share risks and resources, enhancing their potential earnings from mineral discoveries and operations.

Lode Resources Ltd Financial Statement Overview

Summary
Lode Resources Ltd. is facing significant financial challenges, with no revenue generation and continuous losses affecting its financial metrics. The strong equity ratio is overshadowed by negative profitability and cash flows, raising concerns about sustainability without external financing.
Income Statement
Lode Resources Ltd. has consistently reported zero revenue, indicating a lack of sales activity or production output. Gross profit margins are negative, reflecting significant costs relative to nonexistent revenue. Net profit margins are also deeply negative, showing consistent losses over the years. The absence of revenue growth highlights challenges in expanding or generating sales. EBIT and EBITDA margins remain negative, underscoring operational inefficiencies and high costs without an offsetting revenue stream.
Balance Sheet
The company's balance sheet shows a high equity ratio due to significant stockholder equity relative to total assets, indicating financial stability. However, the minimal debt level results in a low debt-to-equity ratio, which is positive but might suggest underleveraging in some contexts. Return on equity is negative, consistent with the company's net losses. Overall, the company maintains a strong liquidity position but struggles with profitability.
Cash Flow
Operating cash flows are consistently negative, reflecting operational challenges and cash consumption without revenue inflows. Free cash flow is also negative, with no positive growth trend visible, indicating ongoing cash burn. The operating cash flow to net income ratio is not favorable, further highlighting cash constraints. The company relies on financing activities, as seen in past years, to support its cash position.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue1.97K1.97K0.000.000.000.00
Gross Profit-39.31K1.97K-32.53K-31.23K-36.22K-3.98K
EBITDA-1.65M-1.65M-1.29M-1.08M-930.95K-570.96K
Net Income-1.61M-1.61M-1.17M-1.12M-970.51K-574.93K
Balance Sheet
Total Assets13.36M13.36M7.96M9.51M4.62M5.24M
Cash, Cash Equivalents and Short-Term Investments3.19M3.19M2.28M4.85M2.18M4.74M
Total Debt2.49K2.49K37.58K2.30K35.11K0.00
Total Liabilities1.90M1.90M180.00K616.39K444.84K142.78K
Stockholders Equity11.46M11.46M7.78M8.90M4.18M5.10M
Cash Flow
Free Cash Flow-3.10M-3.10M-2.46M-2.84M-2.40M-727.63K
Operating Cash Flow-1.42M-1.42M-1.06M-966.37K-799.09K-425.50K
Investing Cash Flow-1.86M-1.86M-1.47M-2.10M-1.67M-380.94K
Financing Cash Flow4.19M4.19M-35.59K5.73M-89.86K5.25M

Lode Resources Ltd Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.22
Price Trends
50DMA
0.20
Positive
100DMA
0.20
Positive
200DMA
0.17
Positive
Market Momentum
MACD
<0.01
Negative
RSI
56.54
Neutral
STOCH
68.69
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:LDR, the sentiment is Positive. The current price of 0.22 is above the 20-day moving average (MA) of 0.20, above the 50-day MA of 0.20, and above the 200-day MA of 0.17, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 56.54 is Neutral, neither overbought nor oversold. The STOCH value of 68.69 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:LDR.

Lode Resources Ltd Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
52
Neutral
AU$37.75M-17.77-16.69%-11.01%
52
Neutral
AU$64.12M-23.86-16.78%-18.92%
51
Neutral
AU$33.03M-12.42-8.32%-100.00%-146.48%
51
Neutral
AU$69.86M-7.19-17.78%
46
Neutral
AU$44.86M-23.16-12.26%26.92%
46
Neutral
AU$225.85M-57.94-21.63%86.21%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:LDR
Lode Resources Ltd
0.22
0.13
138.89%
AU:HMX
Hammer Metals Limited
0.04
<0.01
24.24%
AU:GSN
Great Southern Mining Limited
0.04
0.03
175.00%
AU:BMR
Ballymore Resources Limited
0.32
0.20
162.50%
AU:FRS
Forrestania Resources Limited
0.37
0.36
3550.00%
AU:M79
Firetail Resources Limited
0.12
0.05
71.43%

Lode Resources Ltd Corporate Events

Lode Resources Ltd Expands with Share Placement for Montezuma Project Acquisition
Dec 18, 2025

Lode Resources Ltd has issued 6 million new fully paid ordinary shares priced at $0.10 per share as part of the acquisition of the Montezuma Antimony Project. This move strengthens the company’s portfolio in Tasmania while leveraging its placement capacity under ASX Listing Rule 7.1, signaling continued growth and stakeholder investment in mineral exploration.

Lode Resources Ltd Issues 6 Million New Securities for ASX Quotation
Dec 18, 2025

Lode Resources Ltd has announced the issuance of 6,000,000 fully paid ordinary securities, which have been approved for quotation on the Australian Securities Exchange (ASX) effective December 18, 2025. This move is part of previously disclosed transactions, potentially expanding the company’s operational capacity and providing opportunities for growth in its mining endeavors, thereby strengthening shareholder value and its industry position.

Lode Resources Ltd Announces Change in Director’s Interest
Dec 12, 2025

Lode Resources Ltd has announced a change in the director’s interest, specifically regarding Keith Anthony Mayes. As of December 6, 2025, 285,714 unlisted options expired unexercised on December 2, 2024, and 250,000 unlisted options expired unexercised on December 6, 2025. Following these changes, Keith Mayes and Ann-Marie Anderson-Mayes hold 371,429 ordinary shares. This update reflects a reduction in the director’s potential future holdings, which may impact the company’s governance dynamics and investor perceptions.

Lode Resources Ltd Announces Cessation of 1,000,000 Securities
Dec 8, 2025

Lode Resources Ltd announced the cessation of 1,000,000 securities due to the expiry of options without exercise or conversion as of December 6, 2025. This cessation may impact the company’s capital structure and could influence investor perception and market positioning, as it reflects a change in the company’s financial instruments.

Lode Resources Ltd AGM Results: Resolutions Passed with Strong Support
Nov 28, 2025

Lode Resources Ltd held its Annual General Meeting on November 28, 2025, where all resolutions were passed by a poll. Key resolutions included the adoption of the remuneration report, re-election of directors, and ratification of shares, reflecting strong shareholder support and strategic alignment for future growth.

Lode Resources Finalizes Webbs Consol Silver Project Divestment
Nov 28, 2025

Lode Resources Ltd has completed the divestment of its Webbs Consol Silver Project to Rapid Critical Metals Limited, receiving a total value of $9.845 million in cash and shares. This transaction strengthens Lode’s financial position, allowing it to focus on its flagship Montezuma Silver and Antimony Project in Tasmania and the Magwood Antimony Project in New South Wales, while maintaining a strategic interest in the consolidated silver deposits through a shareholding and royalty arrangement with Rapid.

Lode Resources Reports High-Grade Silver and Antimony Discoveries
Nov 28, 2025

Lode Resources Ltd has announced promising assay results from its Montezuma Silver & Antimony Deposit in Tasmania and the Magwood Antimony Deposit in New South Wales. The results indicate high-grade mineralization, with significant silver and antimony equivalent grades, which could enhance the company’s position in the critical minerals market. These findings are expected to have a positive impact on Lode’s operational capabilities and market positioning, potentially benefiting stakeholders by increasing the value of their investments.

Rapid Critical Metals Completes Acquisition of Webbs Consol Silver Project
Nov 27, 2025

Rapid Critical Metals Limited has completed the acquisition of the Webbs Consol Silver Project in New South Wales from Lode Resources Limited. This acquisition is seen as a strategic investment that consolidates a district-scale silver corridor, enhances discovery potential, and positions the company for growth with proximity to infrastructure and favorable silver market conditions. The acquisition supports Rapid’s strategy to become a leading silver-focused growth company on the ASX, with plans to accelerate exploration and development activities to create long-term shareholder value.

Lode Resources Extends High-Grade Silver & Antimony Deposit at Montezuma
Nov 9, 2025

Lode Resources Ltd has announced the latest high-grade drill results from its Montezuma Silver & Antimony Project, revealing significant mineralization over a 260m strike length and 220m depth. The ongoing drilling program continues to yield impressive results, with plans to extend exploration to a depth of 350m, potentially enhancing the company’s resource base and strengthening its position in the mining industry.

Lode Resources Reports High-Grade Assay Results from Key Projects
Oct 31, 2025

Lode Resources Ltd has reported significant high-grade antimony and silver drill assay results from its ongoing drilling programs at the Montezuma and Magwood projects. These results highlight the potential for substantial mineral deposits, with assays showing high percentages of antimony and silver, alongside notable gold and tin grades. The company is strategically positioned to benefit from strong antimony prices and increased interest in western supply sources, which could enhance its market position and attract stakeholder interest.

Lode Resources Ltd Releases 2025 Annual Report
Oct 27, 2025

Lode Resources Ltd, listed on the Australian Securities Exchange under the code LDR, has released its annual report for 2025. The report outlines the company’s corporate directory, including its executive and non-executive directors, company secretary, and principal place of business. The announcement provides stakeholders with essential contact information and details about the company’s auditors, solicitors, and share registry, ensuring transparency and accessibility for investors and partners.

Lode Resources Reports High-Grade Silver and Antimony Assays in Montezuma District
Sep 30, 2025

Lode Resources Ltd has announced promising results from its regional exploration around the Montezuma Silver & Antimony Project, with high-grade silver, antimony, and copper assays from the Fahlore mine workings. The company’s ongoing exploration efforts, including the acquisition of additional land holdings, aim to discover more structurally controlled granite-related antimony-silver sulphide deposits, potentially enhancing its market position and offering significant opportunities for stakeholders.

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.Date of analysis: Dec 30, 2025