Lowell Resources Fund (LRT) - Research

$4.650

LRT General Information +

ASX Code LRT
Website http://www.cremornecapital.com
GICS Sub-Industry Asset Management & Custody Banks
Market Cap ($M) N:A
Current Price $4.650
Day High $0.000
Day Low $0.000
Last Close $4.650
Price Movement - ( No change )
Prices as at 16:40, 23 Jul 2019
+Security prices are delayed by at least 20 minutes and are indicative only.

LRT Company Overview

Business Description

Lowell Resources Fund (LRT) is focused on generating strong absolute returns from the junior resources sector. Its experienced team of fund managers has many years of experience in this high risk, high reward sector. Lowell Resources Fund Management (LRFM) manages the portfolio of exploration and development companies operating in precious and base metals, specialty metals and the oil and gas space.

LRT Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2018 A 0.09 3.40 0.00% 235.10 0.00 0.00% 0.0%
2017 A 0.00 0.00 0.00% 0.00 0.00 0.00% 0.0%

LRT Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2017 A 2018 A 2017 A 2018 A 2017 A 2018 A
Lowell Resources Fund (LRT) $13M 0.0000 0.0000 0.0000 137.7976 0.0000 0.0000 0.00% 0.00% 0.00%
Magellan Financial Group (MFG) $10,271M 0.3568 0.2415 0.0692 37.4653 30.1769 28.2238 2.32% 2.98% 3.17%
Netwealth Group (NWL) $1,861M 0.0000 0.7112 0.3444 92.6627 54.1494 40.2778 0.69% 1.46% 1.95%
Pendal Group (PDL) $2,366M 0.1207 -0.2846 0.1059 10.3233 14.4298 13.0481 6.99% 6.15% 6.49%
Platinum Asset Mgmt (PTM) $2,793M 0.0325 -0.1572 0.0348 14.5255 17.2339 16.6550 6.72% 5.67% 5.78%

LRT Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.00 138.40 0.59 0.00
Market 0.65 14.70 1.18 1.04
Sector 0.95 13.90 1.04 2.41

LRT Directors

Name Position Start Date
Mr Michael Andrew Ramsden Non-Executive Chairman, Non-Executive Director 1 Jun 2007
Mr Oliver Robert Carton Non-Executive Director 22 Oct 2010
Mr Donald (Don) Anthony Carroll Non-Executive Director 21 Sep 2009

LRT Management

Name Position
Lisa Ratcliffe Company Secretary
Julie Edwards Joint Company Secretary

LRT Calendar of Events

Date Event
20 February 2020 Report (Interim)
29 August 2019 Report (Annual)
29 August 2019 Report (Prelim)

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