Latin Resources Ltd

  • IPO date:
  • Sector: Basic Materials
  • GIC Group: Materials
  • Industry: Other Industrial Metals & Mining
  • Company website

Company description

Latin Resources Limited engages in the exploration and evaluation of mining projects in Australia, Brazil, Peru, and Argentina. The company primarily explores for lithium, silver, lead, copper, and gold deposits. Its flagship project comprises the Salinas Lithium project that comprises approximately 6,230 hectares located in the Jequitinhonha Valley district of Minas Gerais, Brazil. Latin Resources Limited was incorporated in 2008 and is based in West Leederville, Australia.

Financial highlights

Market Capitalization$749.346 million
P/E Ratio0
P/E Growth Ratio0
Book Value0.032
Dividend Per Share0
Earnings Per Share-0.0042
EBITDA-10,700.781
Profit Margin0
Operating Margin TTM-56.2815
Return on Assets TTM-0.0966
Return on Equity TTM-14.5011
Revenue TTM195.568

Income statement highlights

All numbers are in thousands

Date Total Revenue Cost of Revenue Gross Profit Total Operating Expenses
2008-12-31 388
2009-12-31 1,326
2010-12-31 2,505 5,404.436
2011-12-31 13.076 7,071 13.076 10,659.825
2012-12-31 6.337 6.337 6,986.625
2013-12-31 61.776 0 61.776 3,451.954
2014-12-31 105.973 0 105.973 4,573.455
2015-12-31 508.582 8,199 508.582 20,712.517
2016-12-31 296.883 0 296.883 6,764.045
2017-12-31 27.926 0 27.926 1,616.663
2018-12-31 179.448 0 179.448 2,309.85
2019-12-31 0.91 1,305.428
2020-12-31 0.36 1,761.875
2021-12-31 0.08 3,881.285
2022-12-31 345.96 6,256.355

Balance sheet highlights

All numbers are in thousands

Date Cash Total Assets Total Liabilities Short Term Debt Long Term Debt Common Stock
2008-12-31 1,244 1,518 2,050 1,890 668
2009-12-31 285 684 2,567 3,007
2010-12-31 3,314.271 4,212.69 749.168 12,198.743
2011-12-31 2,217.284 12,589.564 11,546.879 21,248.962
2012-12-31 58.476 27,886 14,145 550 27,388.521
2013-12-31 391 30,395 15,258 2,646.299 2,396 26,901
2014-12-31 308.008 29,024.198 17,572.096 3,020.425 401 32,018.53
2015-12-31 32.076 14,065.308 9,101.451 1,040.594 500 36,202.047
2016-12-31 1,338.668 11,191.111 7,506.345 500 0 42,041.903
2017-12-31 995.492 12,517.832 7,352.994 65 46,437.382
2018-12-31 204.764 12,822.367 11,458.837 2,235.341 45,902.186
2019-12-31 733.282 12,716.806 13,453.63 2,535.755 48,218.621
2020-12-31 4,533.257 13,330.917 2,300.553 900 56,467.554
2021-12-31 642.784 14,994.963 1,721.07 0 59,835.942
2022-12-31 26,276.726 55,979.376 5,407.598 121.651 103,163.413

Cash flow highlights

All numbers are in thousands

Date Net Income Total Cash Change in Cash Begin period cash End period cash Dividends
2009-12-31 284.897
2010-12-31 -5,591.697 3,029.374 284.897 3,314.271
2011-12-31 -11,363.837 -1,096.987 3,314.271 2,217.284
2012-12-31 -7,023.051 -2,158.808 2,217.284 58.476
2013-12-31 -2,186.432 -3,760.706 664.232 58.476 390.592
2014-12-31 -5,828.378 -2,310.282 -82.584 390.592 308.008
2015-12-31 -12,183.49 -1,371.82 -275.932 308.008 32.076
2016-12-31 -7,844.976 -662.219 1,306.592 32.076 1,338.668
2017-12-31 -2,381.967 -1,973.951 -343.176 1,338.668 995.492
2018-12-31 -5,553.476 -1,968.52 -790.728 995.492 204.764
2019-12-31 -7,302.268 -721.886 528.518 204.764 733.282 801.2
2020-12-31 3,551.246 -1,072.998 3,799.975 733.282 4,533.257
2021-12-31 -4,355.427 24.573 -3,890.473 4,533.257 642.784
2022-12-31 -7,265.201 -7,158.382 25,633.942 642.784 26,276.726