Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
Lachlan Star Limited, operating with its subsidiaries, is an Australian enterprise primarily engaged in the exploration for mineral resources. Its prospecting endeavors target a diverse array of valuable deposits, including gold, silver, copper, nickel, cobalt, lead, zinc, and Platinum Group Elements (PGE). The company maintains complete ownership of the Princhester Magnesite project, which incorporates two approved mining leases located northwest of Rockhampton, Queensland. It also wholly owns the Killaloe gold project, consisting of two adjacent exploration licenses and a separate Buldania mining license, collectively covering an area of approximately 94 square kilometers within Western Australia's Eastern Goldfields. Additionally, Lachlan Star possesses a 75% stake in the Koojan project, situated in the New Norcia region of Western Australia. Originally incorporated in 1970 as Toodyay Resources Limited, the company rebranded to Lachlan Star Limited in November 2007. Its corporate headquarters are located in West Perth, Australia.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers.