From ChatGPT (haven't confirmed accuracy)
As of May 6, 2025, Larvotto Resources Limited (ASX: LRV) is trading at approximately A$0.79 per share, with a market capitalization around A$358 million, based on approximately 411 million shares outstanding.
Comparison with the Hillgrove Project's DFS Valuation:
The Definitive Feasibility Study (DFS) for Larvotto's Hillgrove Antimony-Gold Project estimates a post-tax Net Present Value (NPV) of A$694 million at mid-range pricing (gold at US$2,850/oz and antimony at US$41,000/t).This valuation is nearly double the company's current market capitalization, suggesting that the market may not yet fully reflect the project's potential value.
Key Financial Metrics:
Price-to-Book Ratio (P/B):Approximately 9.81, indicating a high market valuation relative to the company's book value.
Return on Equity (ROE):Approximately -61.9%, reflecting current unprofitability.
Earnings Per Share (EPS):Approximately -A$0.05, indicating negative earnings.
Market Performance:
Larvotto's share price has experienced significant growth, rising from a 52-week low of A$0.07 to a high of A$1.07, representing a substantial increase over the year.
Conclusion:
The current market capitalization of Larvotto Resources is significantly lower than the projected NPV of the Hillgrove Project, suggesting potential undervaluation.However, the company's current financial metrics indicate unprofitability, which may contribute to market caution.Investors should consider both the promising project valuation and the company's current financial performance when evaluating investment opportunities.
(20min delay)