Lion Selection Group Limited
LSX.AX
Australian Securities Exchange0.88
AUD
+0.01
- -
Lion Selection Group Limited
LSX.AX
(Australian Securities Exchange)
Recent
price
0.88
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Lion Selection Group Limited (ASX:LSX) is an Australia-based listed investment company that specializes in early-stage investments in junior mining and exploration companies, primarily targeting precious metals, base metals and strategic materials projects in Australia; its core activities encompass building a diversified portfolio of pre-development mineral resource investments selected for value proposition, risk profile and strategic alignment to capture multiples of capital growth through the mining cycle. The company provides venture capital to high-growth micro-capitalisation resource firms, focusing on gold-oriented juniors, copper-gold, REE, tin and other low-to-moderate processing risk commodities while avoiding oil, gas, diamonds, mineral sands, nickel laterites, graphite, PGMs, uranium and bulk commodities like iron ore or coal; key portfolio holdings include Brightstar Resources (gold consolidator at Sandstone), Saturn Metals (bulk tonnage gold), Antipa Minerals (Telfer region gold), Sunshine Metals (gold-copper-zinc VMS), Great Boulder Resources (Meekatharra gold), Critica (shallow high-grade REE), Koonenberry Gold (NSW gold discovery), Medallion Metals (low-capex gold pathway), Plutonic (gold-copper systems) and others across precious, base and strategic metals at stages from pre-discovery to production. Founded in 1997 and headquartered in Melbourne, Victoria, Lion Selection Group operates principally in Australia for new investments post-2022 strategy reset, with a legacy portfolio including non-Australian holdings like PhosCo, Atlantic Tin and Kin Gin; it maintains geographic segments in Australia, Africa and Asia, serving generalist investors seeking set-and-forget exposure to the high-growth micro-cap resources sector through specialist stock selection and cycle timing. In recent developments, the company increased its stake in Brightstar Resources to $5.8 million in September 2024 via a $24 million placement, positioning it as a 6.1% shareholder in the gold producer with strong organic growth; it sold its Erdene Resource Development Corp shareholding in August 2025 for A$12.3 million (versus A$2.8 million cost since 2012), declared a fully franked 2 cents per share special dividend payable September 2025, and reported $47.2 million cash as of September 2025 to deploy into its Australian-focused portfolio which has generated +169% return on $42.9 million invested since January 2022. As of 31 October 2025, net tangible assets stand at pre-tax 102.0 cents per share and post-tax 98.2 cents per share, with market capitalisation around $144 million.