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Liontown Resources Ltd (LTR)

ASX.LTR $1.38

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ASX.LTR $1.38

20 MINUTE DELAYED

TODAY

0.00 %

1 YEAR RETURN

0.00%

VOLUME

DIV YIELD

PE RATIO

0.00

52 WEEK RANGE

1.20

3.20

ANALYSIS
OPINION
ACTION

ANALYSIS

Overview

SHARE PRICE ACTIVITY
Last (Price)	1.38
Change	0.00 (0.00)
Bid / Ask	1.51 - 1.30
Volume	0
Volume (3mths avg)	0
Turnover	0
Open	0.00
Day Range	1.32 - 1.38
VWAP	0.00
Prev Close	1.38
Last Trade	01/12 8:15am (AEST)

KEY INFORMATION
Sector	Basic Materials
Shares Issued	1,294,313,134
NTA/Share	0.00
Last Dividend	0.00
Dividend Ex Date	0
Dividend Pay Date	15 OCT 2008

CURRENT ()
Revenue
EBITDA
Profit
Earnings Per Share (EPS)	0
Dividend Per Share (DPS)	0
Yield %	0.00
Market Cap	0
Price to Earnings Ratio (P/E)	0

TARGET PRICE FORECAST

ESTIMATES ()
Revenue	0.00
EBITDA	0.00
Profit	0.00
Earnings Per Share (EPS)	0.00
Dividend Per Share (DPS)	0.00

BROKER CONSENSUS RECOMMENDATION

BUY

SELL

Target Price

0.00

Lt Growth Rate

0.00

Recommendation ()

0.00

OPINION

28/11/2023 09:08

Liontown Resources Ltd (LTR) $1.36

Trying to understand the moving parts of Gina's aggressive buying in LTR to block Albemarle’s $6.6bn bid has proved hard and expensive for holders of LTR. Gina was hoovering stock ~$3 to block the bid, but now she looks relaxed to see the stock halve, we’re sure she has another step to take and it’s hard to imagine it won't be a purchase/control at some stage moving forward.

20/10/2023 09:25

Liontown Resources (LTR) $2.79

This week has seen Albemarle (ALB US) walk away from its $3 bid for Liontown Resources (LTR) and the lithium sector fall from grace after BofA joined the downgrading party. The latter appeared to hinder UBS, who were initially looking for $400m in fresh equity with bids between $2.20 – $2.60. However, overnight stock was being offered at $1.80 with news this am that they have raised $376mn, a painful 35% to LTR's last traded price but still 17% above its price pre-Albemarle’s bid

16/10/2023 16:59

Liontown Resources (LTR) $2.79

LTR Halted: now seems to be in a bit of a pickle after Albemarle walked away from a proposed $3/sh takeover bid due to ‘complexities’ that seem to revolve around Gina Rineheart’s recent move to buy 19.9% of the stock, throwing a potential spanner in the works for Albemarle.

08/09/2023 09:13

Liontown Resources Ltd (LTR) $3.02

Takeover target Liontown Resources, which jumped 9 per cent to $3.02 on Thursday accompanied by a large spike in trading volume. The identity of the buyer was not known, fingers pointed to billionaire Gina Rinehart, who already owns a 4.9 per cent stake in the lithium miner.

28/03/2023 16:45

Liontown Resources (LTR) $2.57

LTR +68.52%: the junior lithium company disclosed that it had received 3 takeover offers from global giant Albemarle, sending shares to a new all-time high. The $2.50/sh all-cash bid values Liontown at over $5b and was a 63% premium to yesterday’s close.

24/06/2022 09:27

Liontown Resources Ltd (LTR) 88c

LTR owns two lithium deposits in WA with its cornerstone Kathleen Valley Project one of the world’s largest and highest-grade deposits. Production is expected to start in 2024 with a mine life of 23-years, one of the reasons we believe the stocks struggling is this length of time before it enters production i.e. a constant revenue is still some time off.

08/04/2022 09:13

Liontown Resources Ltd (LTR) $1.75

LTR has certainly read the MM playbook for 2022:

05/04/2022 09:45

Liontown Resources Ltd (LTR) $2.12

In late March when LTR was trading at $1.86 we wrote “the stock has enjoyed a great 12-months and we feel its sheer momentum will take it over $2 in the coming weeks – now not a big deal its only 7% away!”. The base metal miner has now indeed popped through $2 as expected taking us to a more neutral stance however there are definitely zero sell signals at present but we wouldn’t be surprised to see the stock back under $2 in the next 1-2 months.

23/03/2022 09:23

Liontown Resources Ltd (LTR) $1.86

The top performing stock on the ASX200 yesterday was lithium developer LTR, the stock has enjoyed a great 12-months and we feel its sheer momentum will take it over $2 in the coming weeks – now not a big deal its only 7% away! The companies certainly ticking all the correct boxes on the corporate level having signed a binding agreement with leading battery manufacturer LG Energy Solution (LGES). History cautions us against chasing...

18/02/2022 09:34

Liontown Resources Ltd (LTR) $1.555

LTR is a relative minnow on the ASX with a market cap of $3.4bn, this is a name we haven’t really discussed previously but we like it around $1.50 from a risk / reward perspective. The company recently entered a lithium supply agreement with US EV car maker Tesla (TSLA US) which is a definite tick for the business moving forward – the initial 5-year agreement which was described as ‘binding’, although...

ACTION

LTR

UPDATED 28/11/2023 09:43 ACTIVE

MM is neutral toward LTR

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LTR

UPDATED 20/10/2023 08:52

MM is neutral LTR short-term

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LTR

UPDATED 16/10/2023 17:03

MM is now neutral on LTR

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LTR

UPDATED 08/09/2023 10:47

MM is bullish on LTR

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LTR

UPDATED 28/03/2023 16:45

MM is bullish lithium, preferring IGO & GL1

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LTR

UPDATED 24/06/2022 09:53

MM is neutral LTR

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LTR

UPDATED 08/04/2022 09:12

MM is bearish LTR looking for sub $1.50 levels

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LTR

UPDATED 07/04/2022 08:16

MM is now neutral LTR above $2

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LTR

UPDATED 23/03/2022 19:02

MM is bullish LTR short-term

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LTR

UPDATED 18/02/2022 17:28

MM likes LTR around $1.50

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Business Summary

Liontown Resources Limited is an Australia-based battery metals exploration and development company. The Company discovers, develops and supplies battery minerals required by the electric vehicle and energy storage industries. The Company’s projects include Kathleen Valley, Buldania and Lithium Hydroxide Refinery. Kathleen Valley is located in Western Australia and contains hard rock lithium deposits. The Kathleen Valley deposit also produces tantalum pentoxide that are used in electronics and optics manufacturing. Kathleen Valley is located in an established mining region about approximately 60 kilometers (km) north of Leinster, and approximately 680 km north-east of Perth, Western Australia. Buldania is located at south of Kalgoorlie in Western Australia.

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Liontown Resources Ltd (LTR)

ASX.LTR $1.38

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ASX.LTR $1.38

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Really bullish, there's more to go in the reflation rally

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