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Liontown Resources Limited ( (AU:LTR) ) has shared an announcement.
Liontown Resources Limited reported a strong finish to its first operational year, achieving over 300,000 wet metric tonnes of spodumene concentrate production and securing $301 million in revenue. Despite a challenging market with falling lithium prices, the company maintained a robust cash balance of $156 million and recorded a net positive operating cash flow of $23 million for the quarter. The company successfully commenced underground production, with key infrastructure in place, and remains on track for its transition to 100% underground operations by FY26. The focus for the upcoming year is on completing the underground transition, optimizing costs, and leveraging high-grade ore to strengthen its market position.
The most recent analyst rating on (AU:LTR) stock is a Hold 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 lithium production. The company is primarily engaged in the extraction and processing of spodumene concentrate at its Kathleen Valley Lithium Operation in Australia, with a strategic emphasis on transitioning to fully underground lithium operations.
Average Trading Volume: 15,943,646
Technical Sentiment Signal: Buy
Current Market Cap: A$2.28B
Find detailed analytics on LTR stock on TipRanks’ Stock Analysis page.