tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Liontown Seeks ASX Quotation for 239 Million New Shares

Story Highlights
  • Liontown Limited will list 239,460,858 new fully paid ordinary shares on the ASX.
  • The expanded share base reflects exercised convertibles, boosting capital flexibility for growth.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Liontown Seeks ASX Quotation for 239 Million New Shares

Claim 50% Off TipRanks Premium

Liontown Resources Limited ( (AU:LTR) ) has issued an update.

Liontown Limited has applied for quotation on the ASX of 239,460,858 new fully paid ordinary shares, to be issued on 4 February 2026. The new securities arise from the exercise or conversion of existing options or other convertible instruments, expanding the company’s quoted share base and potentially providing additional capital flexibility as it advances its resource development activities and positions itself within the critical minerals supply chain.

The most recent analyst rating on (AU:LTR) stock is a Hold with a A$2.00 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 Limited, listed on the ASX under the code LTR, is an Australian company operating in the resources sector, with its primary business focused on the exploration and development of mineral projects, particularly battery-related and critical minerals, to supply global energy transition and industrial markets.

Average Trading Volume: 23,779,709

Technical Sentiment Signal: Buy

Current Market Cap: A$5.23B

See more data about LTR stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1