JUNIORMETRICS
Gold$4,479.95/oz
Silver$66.98/oz
Copper$6.00/lb

Larvotto Resources Limited

LRV·$0.75·$474.1M cap
GoldHillgrove Gold-Antimony Project Map

Larvotto Resources Limited is developing the 100%-owned Hillgrove Gold-Antimony-Tungsten Project in New South Wales -- Australia's largest antimony deposit (8th largest globally) and a historic mine site with a fully operational processing plant and 15km of underground development already in place, being fast-tracked from acquisition (Dec 2023) to production in roughly 2.5 years. The Board approved a Final Investment Decision on 31 Jul 2025 (A$140M approved capex), fully funded via a US$105 million Senior Secured Bond and A$60 million equity raise. Commissioning began in early Aug 2026 with first production targeted for end of Aug 2026, positioning Larvotto as a major new Western supplier of antimony -- a critical mineral of increasing strategic importance amid tightening global supply.

Notable vs. Peers

  • All-in sustaining cost of $477/oz is 76% lower than the peer producer average of $1,973/oz.

Lifecycle Milestones

Grassroots
Resource Def.
PEA
PFS
Feasibility
Permitting
ConstructionCurrent
Production

Construction Milestones

2 of 5 reached
  1. Jul 2025 · Hillgrove is a brownfield redevelopment of a historic mine site with an existing operational processing plant and underground development; permitting was in place ahead of the Board's 31 Jul 2025 Final Investment Decision. Exact permit-grant date not separately confirmed in sources checked this pass, so the FID date is used as a same-period proxy rather than an invented earlier date. · Source
  2. Jul 2025 · Larvotto Resources' Board approved the Final Investment Decision (A$140 million approved capex) for the 100%-owned Hillgrove Project on 31 Jul 2025. · Source
  3. Not yet reached
  4. Not yet reached
  5. Not yet reached

Milestones are recorded only from a company's own dated disclosure. A milestone with no date shown is one we can confirm was reached but for which no date was disclosed — we don't estimate one. "Not yet reached" means exactly that, not that a date is missing. An "Expected" line likewise only ever reflects the company's own guidance (e.g. a study or permit decision targeted for a stated quarter) — most not-yet-reached milestones have none, and that absence means no such guidance has been disclosed, not that one is overdue.

10/10
Weak track recordStrong track record
6.5/10
Thin runwayWell-capitalized
9/10
High riskLow risk
How this is calculated
7.2/10
Weaker depositStronger deposit
8.2/10
Weaker profileStronger profile
Price Chart
$0.515$0.815$0.942$0.995$0.753AugNovFebJunSep2
Aug 12, 2025Sep 4, 2026
News
$0.75
+71.8%from low-36.2%from high
$0.44$1.18
$474.1M
Far belowFar above
$563.3M median
Price (USD - Local)
$0.75 - AUD 1.05
Cash Position (USD)
$126.2M
Far belowFar above
$90.6M median
Debt (USD)
$103.1M
Far aboveFar below
$5.7M median
$451.1M
Far belowFar above
$527M median
519.3M
Far aboveFar below
303M median
Jurisdiction
Australia
1,700,000 oz
Far belowFar above
1.3M median
$265.33/oz
Far aboveFar below
$157.18/oz median
0.2158 oz/tCut-off: UG 2.3 g/t AuEq; OP 0.65 g/t AuEq (AuEq basis, not pure Au -- gold-antimony deposit)
Far belowFar above
0.04 oz/t median
Underground (commissioning; concurrent gold-antimony-tungsten production targeted end of Aug 2026)
8 yrs
Far belowFar above
11 yrs median
$477/oz
$280M(at $2,400/oz)
Far belowFar above
$603M median
1.69x
Far aboveFar below
0.40x median
This company's data hasn't been researched yet
Not enough peer data yet
$2,400/oz46% below spot ($4,480/oz)
48%Clears Durrett's 25% developer bar
Far belowFar above
41% median
29.3%
0%100%
19.1% median
This company's data hasn't been researched yet
429 kmfrom Newmont Corporation's Cadia
Outside typical bolt-on range
This company's data hasn't been researched yet
This company's data hasn't been researched yet
This company's data hasn't been researched yet
This company's data hasn't been researched yet
This company's data hasn't been researched yet
Acquisition Susceptibility
4.3/10
Unlikely bolt-onFits the takeout profile

A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal the underlying research identifies — whether a major already holds a JV, earn-in, or 5–19.9% strategic stake — isn't tracked yet and is absent from this score.

Overall Score Trend
-4.7% since 2026-08-08 · -4.7% from peak

Your Rankings

Community Sentiment
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Management Team

Chief Financial Officer of Larvotto Resources Limited.

Managing Director of Larvotto Resources Limited, leading the company through Final Investment Decision (31 Jul 2025) and into commissioning of the Hillgrove Gold-Antimony Project.

Insiders, Investors & Smart Money

Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.

Smart money
3/10

No producer, strategic investor, or meaningfully-sized specialist fund holds a disclosed stake. Three insiders -- the CEO, Chairman, and a director -- all bought stock on the open market on the same day, with no offsetting selling found.

No notable insiders tracked for this miner yet.

Reports, Presentations & Documents

Technical Report Takeaways

We haven't parsed this company's PEA/PFS/FS recommendations yet — cut-off grade, mine life, DCF/NPV, and the report's own next-steps guidance are a planned research pass, not live data for every company yet.