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JPMorgan Increases Stake in Liontown Resources

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JPMorgan Increases Stake in Liontown Resources

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Liontown Resources Limited ( (AU:LTR) ) has shared an announcement.

JPMorgan Chase & Co. and its affiliates have increased their voting power in Liontown Resources Limited from 5.37% to 6.58%, reflecting a significant change in their substantial holding. This adjustment in shareholding could influence Liontown’s strategic decisions and stakeholder dynamics, potentially impacting its market position and future operations.

The most recent analyst rating on (AU:LTR) stock is a Hold with a A$1.05 price target. To see the full list of analyst forecasts on Liontown Resources Limited stock, see the AU:LTR Stock Forecast page.

More about Liontown Resources Limited

Liontown Resources Limited operates in the mining industry, focusing primarily on the exploration and development of lithium projects. The company is known for its involvement in the production of battery-grade lithium, which is a critical component in the growing electric vehicle and renewable energy markets.

Average Trading Volume: 15,783,324

Technical Sentiment Signal: Sell

Current Market Cap: A$1.35B

Learn more about LTR stock on TipRanks’ Stock Analysis page.

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