Larvotto Resources Limited (AU:LRV)
ASX:LRV
Want to see AU:LRV full AI Analyst Report?
Top Page
Larvotto Resources Limited
(Sydney:LRV)
Select Model
Select Model
Rating:45Neutral
Price Target:
AU$1.50
▲(27.12% Upside)
Action:ReiteratedDate:04/10/26
The score is held down primarily by weak financial performance (losses, zero 2025 revenue, persistent cash burn, and increased leverage). Technicals are mixed and only slightly supportive, while valuation is constrained by a negative P/E and no dividend yield data.
Positive Factors
Exploration Business Model
Larvotto’s core model—acquiring tenements, conducting studies and drilling, and advancing projects toward development or partners—creates durable optionality. Successful discovery or a farm‑out can convert exploration value to funding, reducing reliance on equity markets and enabling project de‑risking over months to years.
Negative Factors
Persistent Cash Burn
Continual negative operating and free cash flow, culminating in a large -64.8M outflow in 2025, creates an ongoing financing requirement. Over 2–6 months this elevates dilution or refinancing risk, constrains exploration activity unless spending is cut, and reduces resilience to adverse drilling or commodity outcomes.
Read all positive and negative factors
Positive Factors
Negative Factors
Exploration Business Model
Larvotto’s core model—acquiring tenements, conducting studies and drilling, and advancing projects toward development or partners—creates durable optionality. Successful discovery or a farm‑out can convert exploration value to funding, reducing reliance on equity markets and enabling project de‑risking over months to years.
Read all positive factors
Larvotto Resources Limited (LRV) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$725.48M
Dividend YieldN/A
Average Volume (3M)8.72M
Price to Earnings (P/E)―
Beta (1Y)2.52
Revenue GrowthN/A
EPS Growth11.97%
CountryAU
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)-0.01
Shares Outstanding518,201,700
10 Day Avg. Volume12,434,552
30 Day Avg. Volume8,724,777
Financial Highlights & Ratios
PEG Ratio2.02
Price to Book (P/B)5.20
Price to Sales (P/S)0.00
P/FCF Ratio-8.09
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.04
Revenue Forecast (FY)AU$86.00M
Larvotto Resources Limited Business Overview & Revenue Model
Company Description
Larvotto Resources Limited engages in the acquisition, exploration, evaluation, and development of mineral resources in Australia and New Zealand. The company explores for copper, gold, cobalt, nickel, and lithium deposits, as well as platinum gro...
How the Company Makes Money
null...
Larvotto Resources Limited Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
28
Negative
Cash Flow
10
Very Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 426.10K | 67.91K | 1.41M | 0.00 |
| Gross Profit | -535.90K | -192.28K | 4.99K | 1.39M | -4.45K |
| EBITDA | -19.60M | -13.25M | -4.98M | -1.94M | -1.51M |
| Net Income | -19.11M | -13.62M | -6.42M | -1.96M | -1.51M |
Balance Sheet | |||||
| Total Assets | 263.62M | 44.41M | 17.17M | 7.93M | 5.90M |
| Cash, Cash Equivalents and Short-Term Investments | 179.44M | 27.97M | 2.43M | 6.46M | 4.67M |
| Total Debt | 147.32M | 6.53M | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 162.72M | 13.12M | 5.85M | 106.91K | 234.91K |
| Stockholders Equity | 100.90M | 31.29M | 11.32M | 7.83M | 5.67M |
Cash Flow | |||||
| Free Cash Flow | -64.81M | -10.87M | -5.99M | -2.01M | -1.79M |
| Operating Cash Flow | -13.89M | -10.79M | -5.74M | -1.80M | -1.63M |
| Investing Cash Flow | -57.36M | -415.04K | -5.38M | -281.25K | -159.33K |
| Financing Cash Flow | 114.11M | 36.79M | 7.09M | 3.88M | 6.33M |
Larvotto Resources Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
52 Neutral | AU$487.38M | -55.50 | 2.29% | ― | ― | ― | |
46 Neutral | AU$393.14M | 34.64 | 5.36% | ― | 1.53% | ― | |
45 Neutral | AU$725.48M | -22.41 | -27.45% | ― | ― | 11.97% | |
44 Neutral | AU$353.63M | 52.94 | 2.48% | ― | ― | -93.38% | |
42 Neutral | AU$434.74M | -6.45 | -117.09% | ― | ― | -432.83% |
* Basic Materials Sector Average
AU:LRV
Larvotto Resources Limited
1.35
0.48
54.60%
AU:STK
Strickland Metals Ltd
0.18
0.08
94.44%
AU:MTM
Mt Monger Resources Ltd.
0.58
0.34
141.67%
AU:29M
29metals Ltd.
0.22
0.10
77.42%
AU:CEL
Challenger Exploration Limited
0.14
0.06
68.75%
Larvotto Resources Limited Corporate Events
Larvotto flags mid-2026 start for Hillgrove antimony-gold output
Apr 15, 2026
Larvotto Resources Limited has presented an investor update on its Hillgrove antimony-gold project, highlighting its ambition to become Australia’s next critical mineral producer with production targeted to commence in mid-2026. The company ...
Larvotto Advances Hillgrove Project as Australia Ramps Up Antimony Stockpile
Apr 14, 2026
Larvotto Resources reports that development of its Hillgrove Antimony-Gold Project in New South Wales remains on time and on budget, with plant refurbishment, underground works and permitting progressing toward first production in mid-2026. The si...
Larvotto Taps Former Senator as Strategic Adviser to Strengthen Critical Minerals Role
Apr 9, 2026
Larvotto Resources has appointed former Australian Senator The Hon. David Fawcett as a Strategic Advisor to guide its engagement with government, defence and strategic partners. His 12-month advisory role will focus on optimising supply chain path...
Larvotto Sets AGM Date and Director Nomination Deadline for May 2026
Apr 2, 2026
Larvotto Resources Limited has scheduled its Annual General Meeting for 29 May 2026 and set 9 April 2026 as the deadline for shareholders to submit valid nominations for board director positions. Shareholders will receive a formal notice of meetin...
Larvotto Drilling at Metz Delivers Thick Antimony-Gold-Tungsten Zones for Resource Upgrade
Apr 1, 2026
Larvotto Resources reported strong diamond drilling results from the Blacklode Prospect within the Metz Mining Centre at its Hillgrove Antimony-Gold Project in New South Wales. The program continues to return wide, consistent zones of antimony, go...
Larvotto Sets Mid‑2026 Target in 2025 Annual Report as It Aims to Become Critical Mineral Producer
Mar 30, 2026
Larvotto Resources Limited has released its 2025 annual report, outlining its operational review, financial statements, governance disclosures, and audit reports for the year. The report highlights the company’s strategic goal of becoming Au...
Larvotto Resources Outlines 2025 Corporate Governance Framework
Mar 30, 2026
Larvotto Resources Limited has released its 2025 Corporate Governance Statement, outlining its adherence to the ASX Corporate Governance Council’s Principles and Recommendations. The board stresses that robust governance structures are centr...
Larvotto Resources Trims Capital Structure as Performance Rights Lapse
Mar 18, 2026
Larvotto Resources Limited has reported changes to its issued capital following the lapse of certain performance rights listed on the ASX under the code LRVAH. These instruments form part of the company’s equity-based incentives and are cond...
Larvotto Resources Issues Over 2.1 Million Unquoted Performance Rights
Mar 16, 2026
Larvotto Resources Limited has issued 2,145,634 unquoted performance rights under its employee incentive scheme, effective 13 March 2026. These performance rights are subject to transfer restrictions and will not be quoted on the ASX until those r...
Larvotto Resources Cuts 18,000 Unvested Performance Rights From Capital Structure
Mar 4, 2026
Larvotto Resources Limited has notified the market of changes to its issued capital following the lapse of 18,000 performance rights. These rights, identified as LRVAH, ceased on 26 February 2026 because the conditions attached to them were not me...
Larvotto Builds Experienced Team as Hillgrove Antimony-Gold Project Targets 2026 Production
Mar 3, 2026
Larvotto Resources is advancing its Hillgrove Antimony-Gold Project in Australia, with first production targeted for mid-2026 as it seeks to become one of the country’s next critical mineral producers. The company has assembled an experience...
Larvotto Issues New Shares on Vesting of Performance Rights Under Incentive Plan
Feb 26, 2026
Larvotto Resources has confirmed that 184,091 performance rights granted under its Long-Term Incentive Plan have vested and been exercised, resulting in the issue of an equivalent number of ordinary shares. The new shares were issued under ASX Lis...
Larvotto Seeks ASX Quotation for Employee Incentive Shares
Feb 26, 2026
Larvotto Resources Limited has applied for quotation on the ASX of 184,091 fully paid ordinary shares, with the securities dated 26 February 2026. These shares were previously issued under an employee incentive scheme, and the move to quote them i...
Larvotto Targets Near-Term Antimony-Gold Production to Tap Critical Minerals Demand
Feb 9, 2026
Larvotto Resources has highlighted its Hillgrove antimony-gold project as the foundation for becoming one of Australia’s next critical mineral producers within about five months. The company emphasizes significant exploration upside across i...
Larvotto Drilling Extends High-Grade Gold-Antimony-Tungsten at Hillgrove’s Freehold Prospect
Feb 4, 2026
Larvotto Resources has reported further strong diamond drilling results from the Freehold prospect at its Hillgrove Antimony-Gold Project, confirming broad, high-grade gold-antimony-tungsten mineralisation across multiple lodes and demonstrating c...
Larvotto Advances Hillgrove Restart and Expands Copper Pipeline as Cash Position Strengthens
Jan 30, 2026
Larvotto Resources’ December quarter update underscores rapid progress at its Hillgrove antimony-gold project, where plant refurbishment is on schedule and budget, underground development has commenced with PYBAR Mining Services, and a serie...
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.