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An announcement from Liontown Resources Limited ( (AU:LTR) ) is now available.
Liontown Resources Limited announced a change in the director’s interest, specifically regarding the securities held by Antonino (Tony) Ottaviano through the SIAM Family Trust. The change involves the acquisition of short-term and long-term performance rights as part of Mr. Ottaviano’s remuneration arrangement, following shareholder approval at the company’s recent Annual General Meeting. This adjustment in director’s interest reflects the company’s commitment to aligning executive incentives with shareholder interests, potentially impacting the company’s governance and operational strategies.
The most recent analyst rating on (AU:LTR) stock is a Sell with a A$0.85 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. It aims to capitalize on the growing demand for lithium, a key component in battery technology, particularly for electric vehicles and renewable energy storage.
Average Trading Volume: 23,112,291
Technical Sentiment Signal: Buy
Current Market Cap: A$4.34B
Find detailed analytics on LTR stock on TipRanks’ Stock Analysis page.