Business
Here’s why 25-bagger Latin Resources (ASX:LRS) is making news today
The Latin Resources Ltd (ASX: LRS) share price is making big news today. Latin Resources shares are, at the time of writing, up 3.92% to 5.3 cents a share.
That doesn’t sound all too impressive. But consider that Latin Resources shares are now up 60.6% over just the past 5 days, and up almost 2,550% since its last 52-week low. A 25-bagger! Put simply, this is a company that would have made some investors extremely happy over the past 12 months.
So what’s going on here? Why is this company exploding in value this week?
Who is Latin Resources?
Latin Resources is a mineral exploration company. It owns several projects across both Australia and Latin America. These include a gold project in NSW, a copper project in Peru and a…
-
General19 hours agoTrump eyes Tesla subsidies, Musk says ‘cut it all’
-
Business12 hours agoGuess which surging ASX All Ords stock just earned an upgrade from Macquarie
-
Noosa News7 hours agoCity of Moreton Bay to pause homeless camp demolition after Supreme Court challenge
-
Business14 hours agoThese 5 ASX All Ords shares were the biggest fallers of FY25