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The latest update is out from Liontown Resources Limited ( (AU:LTR) ).
Liontown Resources Limited has issued 68,493,150 ordinary shares without disclosure to investors, in compliance with the Corporations Act 2001. This strategic move indicates Liontown’s adherence to regulatory requirements and may impact its financial positioning by potentially increasing capital for further development in the lithium sector.
The most recent analyst rating on (AU:LTR) stock is a Sell with a A$0.50 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 on the exploration and development of lithium deposits. The company is primarily engaged in the production of lithium, a critical component in the manufacturing of batteries, which is essential for the growing electric vehicle market.
Average Trading Volume: 19,140,622
Technical Sentiment Signal: Buy
Current Market Cap: A$2.68B
See more data about LTR stock on TipRanks’ Stock Analysis page.