LSR.AX Lodestar (ASX) after hours 20 Mar 2026: Rare-earth assays drive interest

LSR.AX stock opened after hours at A$0.017 on 20 Mar 2026 after a sharp intraday move and heavy volume. Trading showed 107,666,696 shares changing hands as markets reacted to new assays confirming heavy rare-earth minerals and a separate Nevada permitting update. The stock is now one of the most active ASX small-caps, with a mix of speculative buying and profit-taking as investors weigh discovery news against weak near-term earnings metrics.

LSR.AX stock: After-hours market snapshot

Lodestar Minerals Limited (LSR.AX) closed the regular session at A$0.017 and is trading in after hours with a one-day change of -10.53% and intraday range A$0.017–A$0.022. Volume today hit 107,666,696.00 versus a 50-day average of 15,394,620.00, making LSR.AX one of the market’s most active names in the after-hours window.

Market cap stands at A$6,795,308.00, shares outstanding 399,724,000.00, EPS -0.02, and reported PE -0.85. The stock trades below its 200-day average A$0.01839 but above the 50-day average A$0.01258, underscoring short-term volatility.

LSR.AX stock: News catalysts driving volume

The immediate driver was Lodestar’s March assay update confirming xenotime-hosted rare-earth mineralisation at the Virgin Mountain project in Arizona. The company highlighted heavy REE content including Nd/Pr and HREEs, which pushed speculative interest in the stock. Read the GlobeNewswire summary.

Separately, Lodestar received BLM approval to start drilling at its Gold Run project in Nevada, a catalyst for further near-term news flow and a reason some traders rotated into the stock. (Source in German: Investing.com report).

LSR.AX stock: Fundamentals and Meyka AI grade

Lodestar is a microcap explorer in the Basic Materials sector focused on gold and critical metals. Key ratios show a cautious picture: book value per share A$0.00315, cash per share A$0.00375, PB ratio 5.40, current ratio 4.95, and negative operating cash flow per share -A$0.00551.

Meyka AI rates LSR.AX with a score out of 100: 58.31/100 — Grade C+ (HOLD). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. The score reflects positive exploration upside but weak near-term earnings and tight market cap liquidity. These grades are not guarantees and we are not financial advisers.

LSR.AX stock: Technicals and trading signals

Short-term indicators show active momentum: RSI 60.78, ADX 31.03 indicating a strong trend, CCI 182.53 (overbought), and OBV elevated at 184,833,905.00. The stock’s 50-day average A$0.01258 sits below the current price suggesting recent buying pressure, while the 200-day average A$0.01839 is a nearby resistance level.

The large relative volume (relVolume ~ 6.99) and high intraday turnover signal retail-driven moves. For most-active traders, set tight risk controls given the stock’s low market cap and potential for rapid moves on further assay or drilling updates.

LSR.AX stock: Risks and opportunities

Opportunities: confirmed xenotime and HREE presence at Virgin Mountain could re-rate the stock if follow-up drilling proves continuity at scale. BLM-approved drilling at Gold Run opens another near-term catalytic pathway. The Basic Materials sector’s partial strength in 2026 gives explorers a window for revaluation.

Risks: Lodestar’s small market cap (A$6.80M), negative EPS, high PB ratio, and cash burn create dilution and financing risk. Commodity prices, assay follow-up results, and funding announcements will drive volatility. Investors should expect large swings and possible share issuance as exploration budgets are funded.

LSR.AX stock: Price targets, outlook and forecasts

Analyst-style scenario targets: a conservative near-term target A$0.03 if follow-up assays confirm continuity; a bullish discovery-driven target A$0.06 if a sizeable HREE-bearing body is confirmed and markets re-rate the company. Both targets assume successful drilling and no major dilution.

Meyka AI’s forecast model projects a monthly price near A$0.02 and a yearly scenario at A$0.00501. These model-based projections show a mixed outlook and highlight the binary nature of exploration plays. Forecasts are model-based projections and not guarantees.

Final Thoughts

LSR.AX stock is trading as a high-activity microcap after-hours on 20 Mar 2026 after assay and permitting news increased interest. The immediate picture is binary: positive follow-up drilling or resource definition could drive gains toward a A$0.03 near-term target or higher, while weak operational cashflow and financing risk could push the price below current levels. Meyka AI rates LSR.AX at 58.31/100 (C+, HOLD), reflecting upside from new rare-earth work balanced by poor earnings and small market cap liquidity. Meyka AI’s forecast model projects a near-term monthly price of A$0.02 (implied upside 17.65% vs current A$0.017) and a 12-month model scenario of A$0.00501 (implied downside -70.53%). Investors should treat the stock as speculative, size positions carefully, and watch drilling updates and any capital-raising announcements. For real-time tracking use our Meyka AI-powered market analysis platform and monitor official company releases for confirmation of assay continuity and planned programs.

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Disclaimer:

Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.