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Liontown Resources Limited ( (AU:LTR) ) has shared an update.
Liontown Resources Limited announced a change in the director’s interest, with Jennifer Morris acquiring an additional 41,096 fully paid ordinary shares through participation in a Share Purchase Plan, bringing her total indirect interest to 252,715 shares. This acquisition reflects a strategic move by the director, potentially indicating confidence in the company’s future performance and aligning with the company’s focus on expanding its lithium resources, which could have implications for stakeholders and market positioning.
The most recent analyst rating on (AU:LTR) stock is a Sell with a A$0.45 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 is a company operating in the mining industry, focusing primarily on the exploration and development of lithium projects. The company is known for its involvement in lithium mining, which is a critical component in the production of batteries, particularly for electric vehicles and renewable energy storage solutions.
Average Trading Volume: 16,174,146
Technical Sentiment Signal: Hold
Current Market Cap: A$2.35B
See more insights into LTR stock on TipRanks’ Stock Analysis page.