0141 GMT - Larvotto Resources has felt the recent softness in gold slightly more than its peers, says MA Moelis Australia. "This is potentially a function of its status right at the critical point of the development cycle, as well as some anecdotal evidence of the potential of the largest shareholder considering a sell down," it says. But after slipping to a five-month low, the stock's risk-reward is becoming more favorable, MA says. It has a buy rating and A$1.50 target on Larvotto, which owns a gold and antimony mine in Australia. "Our current valuation does not factor in the potential for further exploration success or any opportunity to monetize what appears to be a growing tungsten resource at Hillgrove," it says. Shares are flat at A$1.01.