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Liontown Resources Ltd (LTR)

ASX.LTR $1.00

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ASX.LTR $1.00

20 MINUTE DELAYED

TODAY

-5.21 %

1 YEAR RETURN

0.00%

VOLUME

14,357,110

DIV YIELD

PE RATIO

47.74

52 WEEK RANGE

0.66

2.19

ANALYSIS
OPINION
ACTION

ANALYSIS

Overview

SHARE PRICE ACTIVITY
Last (Price)	1.00
Change	-0.06 (-5.21)
Bid / Ask	1.00 - 1.02
Volume	14,357,110
Volume (3mths avg)	0
Turnover	14,739,695
Open	1.06
Day Range	1.00 - 1.06
VWAP	1.03
Prev Close	1.06
Last Trade	06.10 01/07 (AEST)

KEY INFORMATION
Sector	Basic Materials
Shares Issued	1,588,205,095
NTA/Share	0.00
Last Dividend	0.00
Dividend Ex Date
Dividend Pay Date	15 OCT 2008

CURRENT ()
Revenue	0.00
EBITDA	-11.00
Profit	-10.57
Earnings Per Share (EPS)	0.00
Dividend Per Share (DPS)	0.00
Yield %	0.00
Market Cap	0.00
Price to Earnings Ratio (P/E)	47.74

TARGET PRICE FORECAST

ESTIMATES ()
Revenue	0.00
EBITDA	-28.88
Profit	12.86
Earnings Per Share (EPS)	0.01
Dividend Per Share (DPS)	0.00

BROKER CONSENSUS RECOMMENDATION

BUY

SELL

Target Price

2.19

Lt Growth Rate

0.00

Recommendation (BUY)

2.00

OPINION

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 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.